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Show MR. JAMES STILLMAN AT TOP; FRANK A. VANDERLIP BELOW. New York, .Tan. 16. Frank, A. Vandelip will rueeeed James Stlllman as president of the National City bank when the stockholders meet next week. It is another case of Mr. Still-man Still-man retiring and the energetic Frank Vanderlip stepping into his shoes. Mr. Stillman's retirement has ben anticipated vfor some time, tor, on account ac-count of poor health, he has been resigning re-signing from many boards. Including the Haniman lines, and in every case has been succeeded by Mr. Vanderlip. The rapidity with which Mr. Vanderlip Van-derlip has risen in the world of finance is almost without a parallel. A native of Illinois, he was reared on a farm and began life as an apprentice in a machine shop. Despite many handicaps handi-caps he mnaaged to obtain an education educa-tion at the University of Illinois and the University of Chicago. After leaving leav-ing school he became a reporter. His writings attracted the attention of Ly-man Ly-man J. Gage, and when the latter became be-came secretary of the treasury he took Mr. Vanderlip with him as private pri-vate secretary. Before long Mr. Vanderlip Van-derlip became recognized as' one of the foremost authorities in the United States on the subject of finance. In 1003 he was one of the American delegates del-egates to tho International conference of commerce and Industry at Ostend. When he, decided to retire from official of-ficial life in Washington he found no difficulty In securing a good berth in New York. Now, at the age of forty-five forty-five years, he Is to become president of the largest fiduciary institution in the United States with a capital stock of $25,000,000 and deposits of more than $200,000,000. |