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PHILADELPHIA

-the "Workshop of the World"

Philadelphia, the third largest city of the United States, and the nation's second greatest port, is America's and the world's greatest manufacturing center.

For about a century the Girard Trust Company has been intimately associated with Philadelphia's commercial and financial progress.

Corporations and Individuals desiring Philadelphia connections are invited to avail themselves of the Banking, Trust, Real Estate and other facilities of this Company.

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Trust Companies

A MONTHLY MÁGAZINE devoted to TRUST COMPANY, BANKING AND
FINANCIAL INTERESTS OF THE UNITED STATES

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BETRAYAL OF HONEST LABOR

New Leadership in Industrial Relations

The Way to Genuine Industrial Peace

High Record in Banking Expansion

Tax on Bank Incomes

Compensation of Bank Employees

Par Collection Rules Changed

The $100,000 American Peace Award

Inheritance Taxes on Stock

SOLICITING LIFE INSURANCE TRUSTS

W. H. A. Johnson, Continental & Commercial Trust & Savings Bank of Chicago.

LIFE INSURANCE FUNDS FOR HOUSING

Leonard E. Fackner, Deputy Comptroller Metropolitan Life Insurance Co.

FIDUCIARIES AND STOCK TRANSFER HAZARDS

Edward G. Grubb, Jr., Assistant Trust Officer, St. Louis Union Trust Co.

ISSUING DUPLICATE SECURITIES AGAINST THOSE LOST OR STOLEN

Irving H. Meehan, Assistant Vice-President, Farmers' Loan & Trust Co., N. Y.

WHY AND WHEREFORE OF NEW BUSINESS DEPARTMENT

G. Prather Knapp, Vice-President Bankers Service Corporation.

STATUS OF CREDITORS UNDER LIVING-TRUSTS

Morse Erskine, Trust Officer Humboldt Savings Bank, San Francisco.

TRUE CRITERION OF SUCCESSFUL TRUST DEPARTMENT OPERATION

A. C. Livingston, Vice-President National Newark & Essex Banking Co.

SELLING TRUST SERVICE ON THE SILVER SCREEN

8. Grove McClellan, Trust Department, Liberty Bank of Buffalo.

REACHING "THE MAN IN THE SHOP"

D. S. Snow, Union Trust Company of Cleveland.

HUMAN SIDE OF THE TRUST DEPARTMENT

Francis A. Cooch, Trust Officer Equitable Trust Co. of Wilmington, Del.

BACKBONE OF AMERICAN PROGRESS AND SOUND PROSPERITY

Frank J. Parsons, Vice-President U. S. Mortgage & Trust Co., New York.

PROFITABLE system of ANALYZING CUSTOMERS' ACCOUNTS

Lewis Van Court, Treasurer Central Trust & Savings Bank, Philadelphia.

The Greatest Family in the World

Sixtieth Anniversary First National Bank of Chicago

Bank and Trust Company Consolidation in Memphis

New York Community Trust Establishes Headquarters

Trust Company Branch Office on S. S. Leviathan

Establishing a Family Estate

Controlling Factors in Estate Management

Your Telephone-The Voice of Your Business

Familiarizing the Public with the "Mystery" of Banking

Popularity of Trust Company Service in Nation's Capital

LEGAL DECISIONS AND DISCUSSION

REVIEW OF NEW YORK SECURITY MARKETS

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OUR KNOWLEDGE OF
CENTRAL NEW YORK
AT YOUR DISPOSAL

The thorough knowledge of Central New York and its people which the Utica Trust & Deposit Company has gained during its 23 years of uninterrupted service here places it in a position to handle advantageously the Utica and Central New York business of banks, trust companies and individuals in other cities.

Open Monday Evenings until 8 o'clock

Our services in all matters of banking and trust are cordially placed at your disposal. Correspondence promptly attended to.

UTICA TRUST

& DEPOSIT COMPANY

GENESEE & LAFAYETTE STS.

EAST SIDE BRANCH BLEECKER & ALBANY STS.
UTICA, NEW YORK

The Real Estate Title Insurance and Trust Company of Philadelphia

523 CHESTNUT STREET
Across from Independence Hall

BROAD STREET OFFICE

45 S. BROAD ST. (Lincoln Building)

THE OLDEST TITLE INSURANCE COMPANY IN THE WORLD

Capital, Surplus and Profits $5,400,000.00

Incorporated in 1876, this Company has issued over 322,000 policies of title insurance and has accumulated information which enables it to execute work with unequaled accuracy and promptness.

Executes trusts of every description.
Lenda money on installment and term mortgages.
Rents safes in its burglar proof vaults.

DANIEL HOUSEMAN,

Becomes security for persons acting in fiduciary capacities.

Receives money on deposit and allows interest. Buys and sells real estate and assumes the management thereof. OFFICERS

FRANCIS A. LEWIS, President

Vice-President and Treasurer

A. KING DICKSON,

Vice-President and Trust Officer

OAKLEY COWDRICK

Vice-Pres. and Mgr. Title Dept.

CHARLES S. KING,

JOHN H. FAIRLAMB, Assistant Treasurer
AARON L. DEETER, Assistant Trust Officer
FREDERICK W. BUCH, Assistant Treasurer
LEFEVRE W. DOWNING, Assistant Secretary
WILLIAM MC KEE, JR.,

Assistant Manager Title Department
S. EUGENE KUEN, Title Officer
EDWARD E. PAXSON, Real Estate Officer

DIRECTORS

Secretary and Assistant Treasurer

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FRANK H. MOSS
CHARLES T. QUIN
CHARLES E. HEED
JOHN A. RIGG
WALTER A. RIGG

Member of the Philadelphia Clearing House Association

HENRY M. DU BOIS
FRANCIS A. LEWIS
OWEN J. ROBERTS
GEORGE MCCALL
ISAAC W. ROBERTS

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Surplus and Undivided Profits, $3,340,859.87

BROOKLYN TRUST COMPANY

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For Service in New York City Real Estate Through 35 years' experience this Company has come to be regarded by out-oftown Banks and Trust Companies as General Headquarters for expert service in matters involving Titles to New York City Realty.

An equally efficient Trust Service is also available here.

OFFICERS

EDWIN W. COGGESHALL, Chairman of the Board

LOUIS V. BRIGHT, President
THORWALD STALLKNECHT, Vice-President
HERBERT E. JACKSON, Vice-Pres. & Gen. Mgr.
LEWIS H. LOSEE, Vice-President
ARCHIBALD FORBES, Vice-President

ROBERT 1. SMYTH. Vice-President

WILLIAM F. BAECK. Vice-President.

WILLIAM K. SWARTZ, Vice-President

WILBUR C WITHERSTINE, Vice-President
WALTER N. VAIL, Secretary and Treasurer
JOSEPH P. STAIR, Assistant Vice-President
GEORGE F. PARMELEE, Assistant Vice-President
MARSHALL E. MUNROE, Assistant Treasurer
JOHN A. STOEHR, Assistant Secretary
HENRY C. MERSEREAU, Assistant Secretary
WALTER H. GRIEF, Auditor

Lawyers Title & Trust Company

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Snapshots of President Harding on Transcontinental Tour

Upper left: President Views Zion Canyon in Utah; upper right: In Illinois; center left: In Yellowstone Park; center right: Greeting Indians on Oregon Reservation; lower left: Unveils Monument to Oregon Trail; lower right: Inspects Irrigation District in Idaho..

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