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Trust Companies
A Monthly Magazine devoted to TRUST COMPANY, BANKING AND
Frontispiece-H. M. Blackmer, President The International Trust Company of Denver, Colo.
Presidential Election and Business Situation.
The Trust Company as a Potent Factor in Safeguarding Investments Offered to the Public
Growth and Methods of Trust Companies in South Africa
The Trust Company in Time of Calamity
The Gentle Art of Selling Bonds (Part 1)
Lawrence Chamberlain, Author of "Principles of Bond Investments
Continued Expansion of Trust Companies of the United States
An Improved Method of Handling Pass-Books
Walter Woodward, with Union Trust Company of New York
The Trust Company as Mediator in Settlement of Estates
The Spirit of Co-Operation as a Factor in Securing and Retaining Business
Leroy A. Mershon with United States Mortgage and Trust Company, N. Y. City
Increase of old Colony Trust Company Capital and Large Trust Company Units
National Citizens' League Platform on Currency Reform
German Co-Operative Credit Systems
Collective Experience, Ability and Honesty in Trust Company Service
Services Rendered by Trust Companies in Administering Property or Funds Under Deeds of Trust
Example of Trust Companies as to Value of Government Supervision of Corporations
Eugene E. Prussing of the Chicago Bar
Legal Discussion and Decisions Relating Particularly to Trust Companies
Effect of Merger of Trust Companies
Death of Bondholder in Foreclosure Suit
Alteration of Negotiable Instrument
Payment of Check After Death
Gift of Fund in Bank
Banking Consolidation Necessary to Commercial and Industrial Development
Fred. I. Kent, Vice-President Bankers Trust Company, New York
The Bank and the Newspaper
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Fred W. Ellsworth, Publicity Mgr. Guaranty Trust Company, New York
Special Correspondence from Leading Cities, including Philadelphia, Boston, Chicago, Pittsburgh,
St. Louis, Cleveland, Baltimore and New Orleans
Official Reports Rendered September 9, 1912, by New York City Trust Companies. 352-368
Annual Subscription, $3.00
Single Copies, 25 Cents
PRESIDENT THE INTERNATIONAL TRUST COMPANY OF DENVER, AND ONE OF THE LEADING FINANCIERS
OF COLORADO
FINANCIAL Interests of the United States
Entered at the New York Post Office as Second Class Mail Matter
Hol. XV.
November. 1912
TABLE OF CONTENTS
Number Five
Frontispiece-Portrait of Ralph W. Cutler, President Hartford Trust Company, Hartford, Con-
necticut
The Wilson Administration, Its Obligations and Responsibilities.
A New Opportunity for Trust Companies-Establishment of Mortgage Bank Departments
George Woodruff, President Woodruff Trust Company, Joliet, III.
James Schoolcraft Sherman
Chicago The Great Central Market of the United States
Malcolm McDowell, Assistant Secretary of the Central Trust Company of Illinois, Chicago
The Gentle Art of Selling Bonds
Lawrence Chamberlain, Author of "The Principles of Bond Investment," etc.
Actual Experiences of Trust Company in Making a Charge for Carrying Small Accounts
Edwin O. Stanley, Vice-President Title Guarantee & Trust Company, New York City
Trust Company Loans and Investments.
Charles H. Bissikummer, First Vice-President The Albany Trust Company, Albany, New
York
Effective Publicity for Savings Department of a Trust Company
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391
Important Decision Relating to Fiduciary Authority of Trust Companies in Cases of Merger
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395
Trust Company Growth and Legislation in Various States-Reports of State Vice-Presidents of
Trust Company Section, including Massachusetts, California, Missouri, Florida, Connecticut
and Pennsylvania
J. B. Forgan Endorses American Institute of Banking
Right to Employ Title of "Trust Company'
First Annual Convention of the Investment Bankers Association of America
Special Correspondence from Leading Cities, including Philadelphia, Boston, Chicago, Pittsburg,
St. Louis, Baltimore, Cleveland, New Orleans and Denver
New Trust Companies Recently Organized or Chartered
Special Directory of Collection Banks and Trust Companies
Reference Legal Directory
PRESIDENT THE HARTFORD TRUST COMPANY, HARTFORD, CONN.
ELECTED CHAIRMAN EXECUTIVE COMMITTEE OF THE TRUST COMPANY SECTION, A. B. A., AT THE RECENT SEVENTEENTH ANNUAL CONVENTION. HELD AT DETROIT, MICH.
December, 1912
Number Six
J. Selwin Tait, President Washington and Southern Bank of Washington, D. C.
Frontispiece-Portrait of J. Francis Day, Recently Elected President Utica Trust & Deposit Com-
pany, Utica, N. Y.
Energetic Campaign to Secure Necessary Protective Legislation for Trust Companies
Marked Expansion of Banking and Fiduciary Power in the United States.
Pujoism an Abasement of Congressional Power
Currency Reform and the Democratic Administration.
Trust Companies North and South-Advantages of Closer Co-operation
William Hurd Hillyer, Vive-President Atlanta Trust Company, Atlanta, Georgia.
Economical Administration Prime Reason for Trust Company Mergers
George C. Van Tuyl, Jr., Superintendent New York State Banking Department.
Discouraging Advertising of Fake Investments
Harry D. Robbins, Publicity Manager N. W. Halsey & Company, N. Y. City.
Corporation Financing in the United States Compared with European Laws and Methods
General Rules for Transfer of Stocks
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The Bankers' Ad. Association of Pittsburgh
464
H. B. Powell, Jr., Advertising Manager Mellon National Bank, Pittsburgh, Pa.
Recent Innovations and Valuable New Features of Service Introduced in Trust Company Manage-
New Style Customer's Statement Issued for Banks and Trust Companies
472
The "Outside " and " Inside " Market for Bonds in New York City-Methods Employed by Lead-
ing Investment Firms
474
New York Clearing House Section on Collection of Out-of-Town Checks