Salt Lake Telegram | 1909-01-20 | Page 2 | Handle Funds of a Nation

I 7 Handle Funds of a Nation c r J cf a S r. r a I r 4 S r to H Ya l ls r K s r i I 1 i S 5 K f d. J LJ tIP L NEW YORK Jan Officers O.-Officers LO Officers an and aud directors of more than two score banks national and lD vero T elected recent recent- ly y y In the th main the tiro r retiring directors were chr chosen en to succeed themselves cs but ut thero there were t soma orno surprises chief of which was vias 35 tho Iho retirement of Gorge GorJe p 1 Baker from t the he presidency of the thc Fi First National bank Francis L. L lime Hine vice vice- president succeeds him Mr l Baker re rc retaining taming active C connection with the institution institution in institution in- in I as chairman n of the board Election of Frank A. A to tho presidency of tho the National City bank oc occasioned as oDe no surprise as it hat had long lont been beeD known that Jam James s ShUman would retire from the tho presidency be hey causo calise of a desire to be bo relieved of the active leadership ea and that he hA Lad had indi cheated his preference that Mr r. r Vander Vander- lip Hp vice president should succeed him T Tho o National Nation City is the thc largest bank bankin in in the United St States tes Mr 11 Bakers Baker's election to the chairmanship chairmanship chairman chairman- ship of the board of the tho First National Nation came as a surprise to Wall street The Thc position is a new net one anI in iu that th institution institution institution tion and it nas was explained at tho hank bank yesterday ay that Mr loIr Bakers Baker's s 's 3 activities would ouM not cea cease lel c and that things would go o on much tho same 5 as hitherto with witha n a division i of the main mania responsibilities Tho l First rbt National Nation 1 ranks third in deposits de deposits de- de c. c posits posits- in Now York city