Show BANK MUST DO 00 ANYTHING NOW financial Stress Forces Institutions Institutions Into Many Unusual Un Un- usual Operations 5 By MORRIS WATSON NEW YORK jM P Most st any bank these days doys is i likely tobe found foud foudIn in most any business The bankers bakers call cal it i handling going assets What happens is i th this A corporation defaults and ad the bank is forced to take it i over in foreclosure a business man dies die without a logical successor and the bank finds find itself itsel in charge of ot a trust which includes include the business a widow is i unable to manage a concern left by br her husband husband hus hus- band and the bank takes it in vol voluntary volun volun- un tory tary trust or the creditors of a R concern con eonS cern force it I into bankruptcy and th the bank becomes a receiver Thus many bankers go around worrying about waking up tomorrow and finding a ash fish sh market on their hands hand The City CHy Bank Farmers Farmers' Farmer Trust has ha Just taken over in foreclosure the Hippodrome home Hippodrome home of the spectacle show which has lately been devoted to vaudeville and motion moton pictures The Irving Trust company is i running as trustee in bankruptcy the United Cigar Cisar chain The Te Chicago Title Tite and Trust company company com corn pany operates 45 motion moton picture theaters theaters theaters thea thea- in and around that tot city It I is familiarly known kown as the th C. C T. T T T. circuit The officers of the First National bank of Memphis Term Tenn Ten direct the policy of an old New England dyed in I wool the-wool Republican newspaper i The First National bank o of Atlanta Ga Gat was wa left with a large chain of ol shoe stores on its it hands in 1929 The Fulton Fulon National bank of ot the same city found itself isel manager of a large apartment apartment apart apart- ment meat hotel and was wa fortunate enough to have hav a former hotel manager manager on its 11 staff of officers The late Colonel Griffith J. J Griffith Gri Grif Grif- fh of Los Ls Angeles Angele left money to build an observatory and halt hall hal of science and a Greek theater in Los Angeles Angeles' Angele Griffith park His Hi will wi gave the Job to the Security First First National bank of Los s Angeles The Merchants Merchant Bank and Trust campany company com cam pany of of Jackson Jackon Mis Miss Mis took over a adela adelta adelta delta dela plantation of many thousand acres and got along well with its it tenant tenant tenant ten ten- ant farmers who farmers who liked the idea o ol of partnership with a bank |