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Show WAS ONCE "WASTE LAND" Present Site of Great Bank in Now York City So Described In King's Grant. In the office of George F. Baker, In the First National bank of New York city, there hangs on the wall the original origi-nal patent from James II, king of Ene-land, Ene-land, dated February 4, 1685, for the land on which the First National bank now stands, therein designated as "waste land" outside the city gate of New York. It was Issued to one Thomas Thom-as Dougan, "late governor and now admirall of New York." There Is attached a small sketch of the property, showing Wall street with Its fence, and the city gate, through which leads "Broad way." When one considers that this "waste land" now represents one of the moat valuable spots In the world one realizes real-izes what changes a little more than m two centuries have wrought In View York city. What would Thomas Dougan have said if he had been told that on this "waste land" would one day stand a banking institution returning Its stock-holders stock-holders over 80 per cent a year? Wall Street Journal. |