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Show ENGINEERS' BANK IN CLEVELAND TO II BUILD SKYSCRAPER 4 1 ( IbOTC Warren S. Stone, pri sl- d nl of the B. "i L. I bank, ami (br-low) (br-low) Wni u. Preiiter, i- president and cashier. ( (By NLA Service CLKVKLAXR O The Brotherhood Brother-hood of Locomotive Engineers Las announced tho completion of plans I for the erection of a 21 -story banking building here, to contain the main of-! of-! tlce of the largest cooperative bank-I bank-I ing institution In the country. At the same time, word comes from I W ashington that I, s. Comptroller I of Currency D. R. Crlssinger has authorized au-thorized the Brotherhood Of Locomotive Locomo-tive Engineers Cooperative National bank to establish bank offices In the heart of the city, as well a.s In the populous East I'll near the ratlroal ' shops and manufacturing Industries. The engineers' brotherhood recently recent-ly purchased the I'nlon Commerce National bank building on Euclid a..nue. In the heart of the city, and It was reported that this building would become the permanent horn--for the blr: cooperative bank. N'ow the Mr financial and realtv developments develop-ments iust made public show that th 16 -story banking building was ac-! ac-! quired inerelv to house one of several j important offices of the bank. Officials of the bank have further disclosed plans for the erection of a n w building In the Nottingham district dis-trict to house the office in that section. sec-tion. The new 21-story main building, work on which will be started shortly, short-ly, will occupy the corner across the street frerr, the 14-story building built by the brotherhood In 1908 as its national headquarters. During Its erection the main office of the bank will be moved to the 16-storv 16-storv strfiiture just acquired. The most modern and efficient hanking equipment will be Installed In the new building ghlng tho Brotherhood Cooperative National bank dne i I the finest banking premises prem-ises In the city The aetlon of the Brotherhood Cooperative Co-operative bank. In expanding It business and holdings at the present time. Is due to the work of Iks officers, who Include Warren B, Stone, grand lchlef of the brotherhood, as presl-! presl-! dent; William B Prenter. Its secre- tary and treasurer as vice president and cashier, and Walter F MeCaleh vice president and manager, i Starting with only $633,000 In pald-i pald-i up stock 'ess than two enrs ago the brotherhood bank gained almost a million dollars B month during the first year and has already nearly doubled dou-bled Its resources In th. second year. Assets of the hank nt the close of business on August 29, 1922, were J17.D4 7.402 3C |