The Detroit times., 1917-01-10
Becomes Senior Vice
President of Peoples
State Bank
WELL EQUIPPED
FOR NEW PLACE
Stands High in Finan-
cial Circles Turnout
Whole Country

Following nearly rs years sery
Ice In executive banking capacities
John W staley. vice-president Of tEt
First and Old Detroit National bark
Tuesday noon was elected direc
tor and senior vice president OF the
People State bank. 40 succeed X
:. Mason. vice. president, who ~.
tires on an annuity Mr.. Mason Is
the Oldest banker in Detroit. and
probably the oldest in the state.
The deaths of George IL Russell
and George f. Lawson, former pres
s idents. within short period. created
vacancy on the executive stan o;
the Peoples State bank that has
not been entirely filed. Appre-
elating. also. the tendency % close
relations between state banks and
the federal system. directors Of the
bank deemed il desirable 10 obtar
the services OF a banker who would
b. fully conversant with the opera
tIons OF the federal banking law.
Probably no banker in Detroit has
wider acquaintance among the in.
fuential men OF the country than
MIR. staley The acquaintance OK.
tends 10 financial circles in the east
and thruout the middle west states.
as we'll as Michigan.
Mr. S,alcy was protege Of The
late John r. Shaw. president Of the
FIRST National bank, which later ab-
eorbed the Old Detroit. Mr.. Shaw
enjoyed, as a national figure. a rare
prestige ihruout the country. and
Mr. staley pronted immeasnrsbiy
by this acquaintance.
Mr.. Staley was borc N Danville
Pa. OF Quaker stock. but he has
lived the greater part OF his life IA
Michigan. He entered Albion college
in 1855 and graduated in 1892 with
the degree or A. 3. One month later
he entered The First National oans
as ASSISTANT receiving teller Afte'
filing various positions he WAS az
pointed assistant cashier IN i41'
and in 1912 he was elected vice-pres
ident. an once which be has HEX
since.
Mr.. Staley has been active in ms
aiiairs or the Detroit Banker club
pnd has been one of it's most ener
ge,ic officers The club, OF whior h
has been secretary and treasurer
aimee 1903. has PROBABLY done more
10 promote a cordial Relationship
among Detroit bankers than any oh
81 single- factor.
In addition 20 handling lu'
finances OF the Childrens Free nor
pital. Mr. S.aley has taken al &c
tive personal interest in IFS char
table work. and has done mucn %
promote IL az one Of Detroits lead
ing charitable institutions.
MIR. staley IL q director and see
TTTTTTJ of =fffr f555FtT=fff
featuring company, and OF the
American Wood Rim company
both located in Onaway. stNceed
Ing Mr. shaw az the time ~ ths
iatter's death in 1911. He was slsg
secretary OF the reserve city baQs
efs last year. He Il a member 81 tbs
University club. Country club. De
troit Athletic club. and Is on th'
hoard Of governors and secretary o
the Bloomfield Hills Countr. club
Mr.. Staley was married in 1907 &,
Harriet T.. Bewick, daughter Of ih'
late Charles Bewick. They havs
one child and live In Crosse Poinfe
Emory w Clark. president OF th'
First and Old Detroit National hank
said Tuesday regarding Mr. Staleyi
resignation:
mir. Staley leaves US with n,
good will and best wishes OF ever
one connected with the bank.
''Iiis services here. over perio,
OF upwards OF 25 years, have besi
IN every way TO his credit. and nj
consideration OF others has been al
hat you could expect from the gen
tieman that Mr.. Staley Is.
Ills going is. OF course. loss u
our organization. However. IL Is th
losing OF the personal daily contac
With good friend that We al fee
the most
When Mr.. Keena, president q
the Peoples State barn Gale
upon me and explainCaAihat the
wished To offer Mr. Staley pos
ton OF an advanced vice prcsidenc
with that institution, carrying wi,
Il a membership on the board an
likelihood OF his succeeding 20 n
presidency. we promptly took III
position that as friends of NJ