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Show IH, RYAN AND WTi0IINE Merger of Three Great Financial Finan-cial Powers. Uniting Resources of $150,000,000. JOIN UNDER TITLE OF .GUARANTY TRUST CO. One of the Largest Deals of Its -, Kind Ever Made in the United States. Special to The Tribune. NEW YORK. Jan. P. . Morgan, Thomas Ryan and Levi P. Morton, linked hands In XcW York today In a trust company merger which unites resources of 5150,000.000. U is a. triple combination, bringing the uuaranty Trust company, the IMorton Trust company and the Fifth Avenue I rust company, all of this cltv, under ono head with the title of the Guaranty Trust company. The merger Is perhaps per-haps the largest of Its kind In the United fctatcs. Directors of all three companies met today, and informally approved the terms of ihe merger, which will be put In more definite form Wednesday, when another directors' meeting will bo held, and the plan ratified by stockholders. A formal vote will not be taken until later. Morton to Head. Board, Levi p. Morton, president of the Morton Mor-ton Trust company and of the Fifth Avenue Ave-nue Tmst company both known as Morton- rtyan concerns bus consented to act as chairman of tho board of the merger companies. No president has been selected. selec-ted. The name of Alexander J. Hemphill, Hemp-hill, vice-president and acting president of the Guaranty Trust companv, has been mentioned for tho position. The new move in finance follows the recent absorption of the Guaranty Trust company by the so-called Morgan interests, inter-ests, but upon what terms the merger -was made is not disclosed. Tho Guaranty Trust company was organized in 1S91 and has totul deposits of more than 3SS,0U0,000. 0 Other Interests Involved, The Morton Trust company, formerly the banking house of Bliss. Morton & Co.. was urbanized In ISO!). Thomas F Ryan Is vice-president. Us deposits aggregate more than $l".000,000. Like the Guaranty Guaran-ty Trust company, its capital and surplus sur-plus are S3.00U.UOU each. The Fifth Avenue Trust company, founded ten years ago. is one of the bettor bet-tor known uptowu llnaneial Institution". Willi a capital and surplus of 51.000.000 each, it has paid large dividends. .Tho capital stock of the new company probably prob-ably will be tlxed at $f.,Ono.(iOO. with perhaps, per-haps, a like amount for surplus. It Js believed be-lieved that the merger will involve the large stock and cash dividends to the shareholders of the three companies. Tho present offices of the Fifth Avenue Ave-nue Trust company will be retained as a branch of the combined companies while tho larger offices will -have the combined companies In the financial district. dis-trict. It was rumoied that the Morgan tnter-csts-hnd acquired the holdings of Thomas F. Rvan in the Morton Trust company.1 but tin statement on this point was obtainable. |