Arizona republican., 1922-01-11
PHOENIX NAT | AND
AFFILIATED BANK
IN ANNUAL MEETING

The Phoenix National bank yester-
day held the 30th annual meeting of
its stockholders for the election of
directors for the ensuing year. Its
affiliated institution, the Phoenix
Savings Bank Trust Company, also
held its 18th annual stockholders
meeting. The following we'll known
men were elected as directors of both
institutions: l.. III. Chalmers, c. ID.
Doris, James S. Douglas, w. A.
Drake, VIM. S. Humbert, II. j. Nc
Chung, John Fl. Page, r. NJ. PhiIleo,
w. II Thomson
Immediately following the stock
holders meeting. the directors of the
Phoenix National bank met and or
ganized for the ensuing year by the
election of the following officers:
H. J. McClung. president.
w. H. Thomson, vice-president.
r. M. Philleo, president.
E. P. Hewitt, cashier.
E. F.. Barrows. assistant cashier.
e. X. Foltz, assistant cashier
j. E. Kelley, assistant cashier.
]. c. Blaine, assistant cashier.
The directors of the Phoenix Saw
ings Bank e. Trust company also
held their organization meeting at
which the following officers were
elected to serve for the new year:
II. ]. McClung. president.
w. II. Thomson, president.
r. NJ. Philleo, vice president.
c. w. Gibson, secretary and treas
urer.
r. L. Treece. assistant secretary
and treasurer.
Mr.. McClung, president of the af-
filiated banks, is about to complete
his goth year of residence in Phoe-
nix, during all OF which time he has
been connected in an official capacity
with the Phoenix National bank. He
has been president of the Phoenix
National bank since April 20, 1912
and has been president Of the Phoe-
nix Savings Bank & Trust company
since its inception.
| Mr.. Philleo. the newly elected vice.
president, who has been connected
with the bank for some time, has de-
voted practically all OF the last Is
years except about 1S months dur
ing which time he acted as paymaster
in the United States navy. to the
banking business 80 that he brings
to the institution and its customers
a broad experience in this field.
Most OF his banking career was
spent in California, though he has
had considerable experience in Ari-
zona banking in the northern part Of
the state. Prior to his connection
with the Phoenix National bank, he
was for nine years connected with
the First National bank OF Covina,
California, during four years of
which time he served as cashier Of
the institution. He was also vice
president and cashier of the First
National bank of Puente, California,
and the Puente Savings bank. A
large part of his bank training was
secured in an agricultural and live
stock region.
j. e. Kelley, the newly elected as
sistant cashier. is very well known
| locally, having been a resident Of
Phoenix for IL years. Prior TO his
| connection with the Phoenix National
bank Mr.. Kelley had been associated
with the Armour interests for ap-
| proximately Is years, during the lat
| ter part of which time he acted as
| credit manager for the Pacific
! Creamery company. He has very
broad acquaintance throughout the
| valley and in his credit work with
the creamery company vas afforded
an opportunity to develop a broad
acquaintance among the farmers Of
| the valley and secure a comprehen-
Nsive knowledge of their needs. Prior
to his promotion to the assistant
! cashiership he has held the position
! as manager of the credit department
OF the Phoenix National Bank.