The sun., 1919-04-13
NEW BANK BUILDING
PLANS COMPLETED
Will Combine Italian and
American Ideals in It's
Architecture.

| The new home OF the Italian Saving,
Bank. to be erected Immediately Al
Spring street and Cleveland place, will
bear the impress of Italian ideals In
architecture and American ideals ir
democracy. according to the vision Of
]. N. Francolini. its president.
I'm planning this building We thought
| OF many things" Mr.. Francolini sale
yesterday In the old quarters OF the
savings bank. which are to be vacated
soon. I'VE wanted to erect beautiful
building with all convenlences and
comforts and at the same time a demo-
| cratic one. I believe in democracy"
| Mr.. Francolini is a warm admirer OF
Col Roosevelt. 1t was the former
President. he said. who unconsciously
influenced the plans for the building to
| great extent.
'For It was Roosevelt's democracy
and consideration of Others" he added
that inspired me to incorporate in the
plans for the bank a dining room for
the employees where all Of them from
errand boys to the highest officials OF
| the institution will lunch. The object
| Of this is to promote democracy and
to draw together the banking family in
ease and mutual confidence"
In addition to this feature for the
comfort of the employees there will be
| a gymnasium and baths installed in the
basement The building will also bear
another tribute to democracy, Mr..
Francolini said. In the form of n tablet
In memory Of President Cleveland,
which will be embedded in Its marble
walls facing Cleveland place. A por-
trait In bronze Of the deceased Presi-
dent with verse of tribute will be
set eye-level In the marble.
The italian Consulate will prohab,v
be located on the second floor Of the
two story structure. which will be so
constructed that eight additional
stories may be added at any time with
out relaying a foundation or in the least
marring the beauty OF the architec-
ture
Just when the addition will be made
is not determined by the bank. And 1t
Is thought that the addition will de-
pend largely upon the growth of the
city In that section.
The building now planned will begin
as soon as three other structures on its
site, go to GO Spring street and 81. 20
and 81 Cleveland place. have been RACED.
The banking floor that the public will
Use Is somewhat of an innovation, Mr..
Francolini believes. The tellers' cages
will extend out into the Italian marble
interior much as peninsula, thereby
giving two sides and an end for bank
ing. The whole of the int.-ior will be
of italian marble: the grill work OF
bronze. An invisible lighting system
will be used. The interior Is planned
to be simple, dignified and warm in
tone. The marbles are white with COM
mingled soft and complimentary browns
The basement will be large and
roomy. containing several built in
vaults. the dining room. kitchen. GYM
nasium. baths and other conveniences
The building will rest upon granite
base. Its exterior will be OF italian
marble also. but of white hue plagued
with terra Gotta. Subway kiosks that
stand in front of the new bank site will
be removed and entrances made along
side the bank base.
The present bank building at the
southwest corner of Spring and La
fayette streets will be vacated as coon
as the new home is completed. Just
what disposition will be made OF the
building is not yet known, for it is
only leased by the bank.
When the new building will have been
completed 1t Is expected to cost APP
proximately $4,000. This Is In addi-
ton to the cost of the lots. all OF which
were bought by the bank and paid for
in cash except for a $4,000 mortgage.
Plans of the new building, that were
drawn by C. p. II. Gilbert the archI-
tect, have already been approved by the
State Superintendent OF Banks. pro-
cedure necessary according to the State
laws.
The bank bought It's future site from
Edward Mccoy. who was represented by
an attorney. VI. ]. Koran. The law
firm OF Wayland & Bernard acted for
the hank