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Show TRUST COMPANIES mf irel Trust Compaiii- of the world commenced busing one hundred hund-red years g0 m .Now York Citv introducing in-troducing a new application of an old principle the development and phe Inomcnal growth Of which has h ,d the i"-Mt j. rot.. umt eii.xt ..r, I ankiMtr and Land. in.,- ,.f funds r, m-.estur" Trust Companies like other banking bank-ing institutions, occasionally falL but In their entire history, su fax as Is known, not a dollar has ever been lost for those placing their funds In trust in these companies. In a New York newspaper of August 6'.h. 1S22. appeared the opening an- nouncement or this first Trust Company, Com-pany, which so clearly sot6 forth itj .functions that the Ogden Stare J.m.. ha lncorporatel its Wording, with ! slight change- in the following statement state-ment of Us own activities The Ogden State. Bunk has powers granted to It to receive, take, possess, ,and stand seized of any and all property prop-erty that may bo conveyed to it in Trust, und to execute any and al! Mich Trusts In its corporate capacity and ; name, and to the same extent as any other Trustee might or could JawiulU do. "The Trust Property will be kept as the charter prescribes, wholly separate sep-arate from the uther concerns of the bank, and cannot, in any event, be made liable for Its losses or engagements. engage-ments. Any properly so committed to the 13ank In Trust, v?ill be Invested in such manner as the trustors may choose to dlrcc t. "The public will readliy perceive that the advantages of this corpora tion to protect property for the benefit bene-fit of Investors or others, or to answer ans-wer any specific purpose, either of a public or private nature, arc far greater great-er than those of Individual executors or other trustees, who are always liable lia-ble to casualties, which no foresight can guard against or pi event as Is in-OOntestalldy in-OOntestalldy shown by numerous deaths and insolvencies of Individuals in Trust capai Uy. and the expenses of such contingencies too often swallow up a greatei portion of (he estate "By placing such property In charge of the i igden Klufr ttink which has continued succession, there can be no danger whatsoever of BUCh casualties as all such propertv will be Imested either at the discretion of Ihe bank In the must beneficial manner for toe ole advantage of me party conveying the parne. or Invested as the pany muj direct, w ithin the strict provision of i such Ti-ust. "It is the privilege and duty of every person possessed of property, to make hi" will. This bank undertakes lo re-celve re-celve and keep on file such wills free of charge." The siewdy giowin of Ihe Ogden I State Bunk under one continuous mat--agement for thlrty-lhree years has proven the value of its conservative policy The following officers and dire, di-re, tors may be lelied upon to ion- tinue this conservative coui.se Officers: H C Blgelow. president: I W Browning, vice president: A P. U;gelov. cashier; K. L. Van Meter, aa-, slstant cashier D. 15. Davis, assistant cashier; W. N. Kan, assistant cashier; i). J. StllWeli; trust officer. Directors; H C Bigelow. J, M Browning, 6. L. Becker. E L. Van Meter, J N. Spargo. O. A. Parmley, I K Spiers. H. M. Kowe. A P. Blgelow, Blge-low, Guy Johnson J. K Vnn Meter. Advertisement |