The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE BANK
OF NEW YORK
N E W YORK, OCTOBER 8,
To
1918.
THE CASHIER:
SIR:—
ELECTION OF DIRECTORS
By an amendment to Section 4 of the Federal Reserve Act, approved September 26, 1918,
it is provided that the Federal Reserve Board shall classify the member banks of the district intc
three groups, each group to consist as nearly as may be of banks of similar capitalization, and
the requirement that the groups shall be of approximately equal numbers has been eliminated.
The Federal Reserve Board has classified banks of this district, as follows:
Group 1, Banks having capital and surplus in excess of $1,999,000.
Group 2, Banks having capital and surplus not exceeding $1,999,000 and not below $201,000.
Group 3, Banks having capital and surplus below $201,000.
A list of the banks comprising each group and the amended section of the Federal Reserve
Act prescribing the manner in which directors of the Federal reserve banks shall be elected are
appended hereto.
O n December 31st the terms of Messrs. F . D. Locke, Class A director, and L. R. Palmer,
Class B director of the Federal Reserve Bank of New York will expire.
The Federal Reserve Board has designated November 19th as the day for the election
of their successors who will serve for terms of three years each. Both of the retiring directors
were chosen by Group 3, and therefore this will be the only group which will vote at the coming
election.
The directors of each member bank may nominate one candidate for director of Class A
and one candidate for director of Class B. The amendment eliminates the provision for a district reserve elector and provides that each member bank by a resolution of its directors or an
amendment to its by-laws shall authorize its president, cashier, or some other officer to cast
the vote of the member bank in the elections of Class A and Class B directors.
Blanks are enclosed herewith to all banks in Group 3 upon which the board of directors
of each such bank should, by resolution in the form printed on the blanks, certify its nominations
for directors and the name and title of the officer authorized to cast the vote of the bank, and
forward them to me as soon as possible after it has taken action. The authority to cast the
vote of the bank may be granted by amendment to the bank's by-laws, in which case a copy of
such amendment should be forwarded instead of a resolution of the directors.
The tow nozv prohibits any officer or director of a member bank from serving as a Class
A director unless nominated and elected by banks which arc members of tlie same group as the
member bank of which he is an officer or director. Any person zcJw is an officer or director of
more than one member bank is not eligible for nomination as a Class A director except by banks
in the same group as the bank having the largest aggregate resources of any of those of which
such person is an officer or director. •
On November 11th the period in which these nominations of directors may be made will
terminate and nominations received after twelve o'clock noon of that day will not be listed.
On November 12th there will be mailed to all member banks in the district for their
information a list of those nominated for Class A and Class B directors, with the names of the
banks nominating them.
On November 19th the formal list of candidates nominated will be mailed to each member
bank in Group 3, together with a preferential ballot, providing for the recording of first, second
and other choices for each of the directors to be elected.
Within fifteen days from the receipt of said list and ballot every member bank in Group 3
must, by its duly authorized officer, record its vote.
On or about December 5th announcement of the results of the election will be made.
While only banks in Group 3 will nominate and elect directors, this circular is sent to all
banks in the district for their information.
Respectfully,
P I E R R E JAY,
Chairman.
2
E X T R A C T S FROM SECTION 4 OF T H E F E D E R A L R E S E R V E ACT AS A M E N D E D
Every Federal reserve bank shall be conducted under the supervision and control of a
board of directors.
* * * * * * * * * * *
Such board of directors shall be selected as hereinafter specified and shall consist of nine
members, holding office for three years, and divided into three classes, designated as classes A,
B, and C.
Class A shall consist of three members, who shall be chosen by and be representative of
the stock-holding banks.
Class B shall consist of three members, who at the time of their election shall be actively
engaged in their district in commerce, agriculture or some other industrial pursuit.
Class C shall consist of three members, who shall be designated by the Federal Reserve
Board. When the necessary subscriptions to the capital stock have been obtained for the organization of any Federal reserve bank, the Federal Reserve Board shall appoint the Class C directors, and shall designate one of such directors as chairman of the board to be selected. Pending
the designation of such chairman, the organization committee shall exercise the powers and duties
appertaining to the office of chairman in the organization of such Federal reserve bank.
N o Senator or Representative in Congress shall be a member of the Federal Reserve
Board or an officer or a director of a Federal reserve bank.
No director of class B shall be an officer, director, or employe of any bank.
No director of class C shall be an officer, director, employe, or stockholder of any bank.
Directors of Class A and Class B shall be chosen in the following manner:
The Federal Reserve Board shall classify the member banks of the district into three
general groups or divisions designating each group by number. Each group shall consist as
nearly as may be of banks of similar capitalization. Each member bank shall be permitted to
nominate to the chairman of the board of directors of the Federal reserve bank of the district
one candidate for director of Class A and one candidate for director of Class B. The candidates so nominated shall be listed by the chairman, indicating by whom nominated, and a copy
of said list shall, within fifteen days after its completion, be furnished by the chairman to each
member bank. Each member bank by a resolution of the board or by an amendment to its bylaws shall authorize its president, cashier, or some other officer to cast the vote of the member
bank in the elections of Class A and Class B directors.
Within fifteen days after receipt of the list of candidates the duly authorized officer of a
member bank shall certify to the chairman his first, second, and other choices for director of
Class A and Class B, respectively, upon a preferential ballot upon a form furnished by the
chairman of the board of directors of the Federal reserve bank of the district. Each such
officer shall make a cross opposite the name of the first, second, and other choices for a director
of Class A and for a director of Class B, but shall not vote more than one choice for any one
candidate. No officer or director of a member bank shall be eligible to serve as a Class A director unless nominated and elected by banks which are members of the same group as the member
bank of which he is an officer or director.
Any person who is an officer or director of more than one member bank shall not be
eligible for nomination as a Class A director except by banks in the same group as the bank
having the largest aggregate resources of any of those of which such person is an officer or
director.
Any candidate having a majority of all votes cast in the column of first choice shall be
declared elected. If no candidate have a majority of all the votes in the first column, then there
shall be added together the votes cast by the electors for such candidates in the second column
and the votes cast for the several candidates in the first column. If any candidate then have a
majority of the electors voting, by adding together the first and second choices, he shall be declared elected. If no candidate have a majority of electors voting when the first and second
choices shall have been added, then the votes cast in the third column for other choices shall
be added together in like manner, and the candidate then having the highest number of votes
shall be declared elected. An immediate report of election shall be declared
I X- / ~
C<rnZe^«*o/
L I S T OF 55 B A N K S COMPOSING GROUP 1, F E D E R A L R E S E R V E D I S T R I C T NO. 2
NEW
Capital and
Surplus
Bank
Place
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
Buffalo
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
Brooklyn
Buffalo
New York
New York
New York
New York
Albany
Buffalo
New York
Utica
New York
New York
Brooklyn
YORK
City
City
City
City
City
City
City
City
City
City
City
City
City
City
City
City
City
_
City
City
City
City
City
City
City
City
City
City
City
City
City
City
City
City
City
City
City
National City Bank
Guaranty Trust Company
National Bank of Commerce
First National Bank
Central Union Trust Company
Bankers Trust Company
Chase National Bank
National Park Bank
Hanover National Bank
Equitable Trust Company
Farmers Loan and Trust Company
United States Trust Company
_
New York Trust Company
Mechanics & Metals National Bank
Chemical National Bank
_
Columbia Trust Company
Corn Exchange Bank
_
Marine National Bank
American Exchange National Bank
„ Irving National Bank _
Bank of Manhattan Company
Bank of America
Importers & Traders National Bank
_..
Bank of New York, N . B. A
Liberty National Bank
Metropolitan Trust Company
U . S. Mortgage & Trust Company
Chatham & Phenix National Bank
Citizens National Bank
-Merchants National Bank
Brooklyn Trust Company
Manufacturers & Traders National Bank
Metropolitan Bank
Seaboard National Bank
Second National Bank
Battery P a r k National Bank
National Commercial Bank
Citizens Commercial Trust Company
Scandinavian Trust Company
First National Bank
Irving Trust Company
Fifth Avenue Bank
Franklin T r u s t Company
$
60,000,000.
50,000,000.
40,000,000.
30,000,000.
27,500,000.
22,500,000
20,000,000.
20,000,000.
17,000,000.
16,500,000.
15,000,000.
14,000,000.
13,000,000.
12,000,000.
10,000,000.
10,000,000.
10,000,000.
9,000,000.
9,000,000.
9,000,000.
8,500,000.
7,500,000.
7,500,000.
6,500,000.
6,000,000.
6,000,000.
6,000,000.
5,000,000.
5,000,000.
4,000,000.
3.745.796.30
3,500,000.
3,000,000.
3,000,000.
3,000,000.
2,900,000.
2,500,000.
2,500,000.
2,500,000.
2,500,000.
2,250,000.
2,200,000.
2,000,000.
/ "L I -
CyOMAjuvi^uLC\
N E W YORK—Continued
Place
Brooklyn
Brooklyn
New York
New York
New York
New York
Rochester
Bank
City
City
City
City
Nassau National Bank
Peoples Trust Company
Fidelity Trust Company
Garfield National Bank
Lincoln National Bank
Union Exchange National Bank
Lincoln National Bank
NEW
Place
Newark
Newark
Jersey City
Hoboken & West Hoboken
Jersey City
Capital and
Surplus
$ 2,000,000.
2,000,000.
2,000,000.
2,000,000.
2,000,000.
2,000,000.
2,000,000.
JERSEY
Bank
National Newark & Essex Banking Co
Union National Bank
Commercial Trust Company
Hudson Trust Company
N . J. Title Guarantee & Trust Co
Capital and
Surplus
$ 3,000,000.
3,000,000.
2,500,000.
2,000,000.
2,000,000.
IX
5
L I S T OF 180 B A N K S COMPOSING GROUP 2, F E D E R A L R E S E R V E D I S T R I C T NO. 2
NEW
Place
New York City
New York City
New York City
New York City
New York City
New York City
Syracuse
Rochester
Brooklyn
New York City
Utica
:
New York City
New York City
Utica
Albany
Buffalo
Elmira
New York City
New York City
Olean
Syracuse
Utica
Syracuse
New York City
Utica
Gloversville
Albany
Brooklyn
Brooklyn
Elmira
Gloversville
Rochester
Watertown
Syracuse
New York City
Troy
Little Falls
New York City
Binghamton
New York City
Niagara Falls
North Tonawanda
Syracuse
YORK
Bank
_
_
Atlantic National Bank
Coal & Iron.National Bank
Continental Bank
Harriman National Bank
Lincoln Trust Company
Mercantile Trust & Deposit Company
First National Bank
National Bank of Commerce
Manufacturers Trust Company
Pacific Bank
Utica City National Bank
New York County National Bank
Public National Bank
Oneida National Bank
New York State National Bank
Buffalo Trust Company
Chemung Canal Trust Company
Commonwealth Bank
Grace & Company, W . R
Exchange National Bank
National Bank of Syracuse
Utica Trust and Deposit Company
City Bank
Commercial Exchange Bank
Citizens Trust Company
City National Bank
First National Bank
First National Bank
National City Bank
Second National Bank
Fulton County National Bank
Traders National Bank
Northern New York Trust Company
Salt Springs National Bank
Fulton Trust Company
Manufacturers National Bank
Herkimer County Trust Company
Sherman National Bank
Peoples T r u s t Company
Yorkville Bank
Power City Bank
State National Bank
Merchants National Bank
Capital and
Surplus
$ 1,600,000.
1,500,000.
1,500,000.
1,500,000.
1,500,000.
1,500,000.
1,500,000.
1,375,000.
1,300,000.
1,300,000.
1,300,000.
1,250,000.
1,250,000.
1,200,000.
1,000,000.
1,000,000.
1,000,000.
1,000,000.
1,000,000.
1,000,000.
1,000,000.
1,000,000.
930,610.
900,000.
900,000.
850,000.
800,000.
800,000.
800,000.
800,000.
800,000.
800,000.
800,000.
780,000.
750,000.
750,000.
700,000.
650,000.
600,000.
600,000.
600,000.
600,000.
600,000.
/a/
- 6cmZc^vu^.<?^.
NEW YORK—Continued
Place
Troy
Amsterdam
Binghamton
Cohoes
Troy
Troy
Jamestown
New York City
Utica
Watertown
Newburgh
Amsterdam
Glens Falls
New York City
Auburn
Hudson
Jamestown
Kingston
Newburgh
New York City
New York City
Norwich
Olean
Oneonta
Poughkeepsie
Poughkeepsie
Watertown
Syracuse
New York City
Troy
Schenectady
Newburgh
Port Chester
Rome
Yonkers
Elmira
Hudson
Ithaca
Rome
Cooperstown
Amsterdam
Binghamton
Brooklyn
Brooklyn
Catskill
Bank
National State Bank
Amsterdam City National Bank
First National Bank
National Bank of Cohoes
National City Bank
United National Bank
First National Bank
Fifth National Bank
Oneida County Trust Company
Jefferson County National Bank
National Bank of Newburgh
Farmers National Bank
First National Bank
Bronx National Bank
Cayuga County National Bank
Farmers National Bank
National Chautauqua County Bank
First National Bank of Rondout
Highland National Bank
Gotham National Bank
New Netherland Bank
National Bank of Norwich
First National Bank
Wilber National Bank
Fallkill National Bank
Farmers & Manufacturers National Bank
Watertown National Bank
Third National Bank
National Butchers & Drovers Bank
Union National Bank
Schenectady Trust Company
Quassaick National Bank
Mutual Trust Co. of Westchester County
Rome Trust Company
First National Bank
Merchants National Bank
-First National Bank
_First National Bank
Farmers National Bank
Second National Bank
Montgomery County Trust Company
City National Bank
Greenpoint National Bank
Peoples National Bank
Tanners National Bank
Capital and
Surplus
J
575>ooo.
550,000.
550,000.
550,000.
550,000.
540,000.
503,30°500,000.
500,000.
500,000.
480,000.
450,000.
436,400.
405,000.
400,000.
400,000.
400,000.
400,000.
400,000.
400,000.
400,000.
400,000.
400,000.
400,000.
400,000.
400,000.
400,000.
380,000.
370,000.
365,000.
362,500.
360,000.
360,000.
360,000.
360,000.
350,000.
350,000.
350,000.
350,000.
325,000.
300,000.
300,000.
300,000.
300,000.
300,000
12-1 ~ CXTVZZC^CA^JL o{
N E W YORK—Continued
Bank
Place
Fort Plain
Geneva
Glens Falls
Gloversville
Gouverneur
Ithaca
Ithaca
Little Falls
Lockport
Lockport
Malone
Malone
New York City
Norwich
Ogdensburg
Peekskill
Port Jervis
Oneida
Auburn
Geneva
Poughkeepsie
Cooperstown
Herkimer
Hornell
Mount Vernon
New Rochelle
Schenectady
Kinderhook
Saugerties
Moravia
Newark
Catskill
Fulton
Oswego
Stamford
Cortland
Yonkers
Dunkirk
Sherburne
_
Fort Plain National Bank
Geneva National Bank
National Bank of Glens Falls
Trust Company of Fulton County
First National Bank
Ithaca Trust Company
Tompkins County National Bank
Little Falls National Bank
National Exchange Bank
Niagara County National Bank
Farmers National Bank
Peoples National Bank
East River National Bank
Chenango National Bank
National Bank of Ogdensburg
..Westchester County National Bank
First National Bank
Madison County Trust & Deposit Co..
National Bank of Auburn
First National Bank
Merchants National Bank
First National Bank
Herkimer National Bank
First National Bank
First National Bank
National City Bank
_
Union National Bank
National Union Bank
First National Bank
First National Bank
Arcadia National Bank
Catskill National Bank
Citizens National Bank
First National Bank
National Bank of Stamford
National Bank of Cortland
-Yonkers National Bank
-Lake Shore National Bank
Sherburne National Bank
Capital and
Surplus
5
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
300,000.
277,840.
275,000.
275,000.
275,000.
250,000.
250,000.
250,000.
250,000.
250,000.
250,000.
240,000.
240,000.
230,000.
230,000.
225,000.
225,000.
225,000.
225,000.
220,000.
220,000.
210,000.
210,000.
/ 2, / -
UvUt
8
NEW
Place
Jersey City
Paterson
Elizabeth
Newark,
Hackensack
Jersey City
Newark
Newark,
Hoboken
Paterson
Paterson
Passaic
Hoboken
Newark
New Brunswick
Passaic
Phillipsburg
Plainfield
Red Bank
East Orange
Montclair
Morristown
Newton
Dover
Newark
Bayonne
Bloomfield
Orange
Orange
Passaic
Perth Amboy
Plainfield
Plainfield
Newark
Hoboken
Long Branch
Morristown
New Brunswick
Washington
Jersey City
Belleville
Hackettstown
JERSEY
Bank
.
•
First National Bank
First National Bank
National State Bank
Merchants National Bank
Peoples Trust & Guaranty Co
Hudson County National Bank
Manufacturers National Bank
National State Bank
First National Bank
Paterson National Bank
Second National Bank
Passaic National Bank
Second National Bank
North W a r d National Bank
National Bank of New Jersey
Peoples Bank & Trust Company
Phillipsburg National Bank
Plainfield Trust Company
Second National Bank
Savings Investment & Trust Company
Montclair Trust Company
First National Bank
Sussex National Bank
National Union Bank
American National Bank
Bayonne Trust Company
Bloomfield Trust Company
Orange National Bank
-Second National Bank
Passaic Trust & Safe Deposit Company
First National Bank
City National Bank
First National Bank
Broad & Market National Bank
Jefferson Trust Company
Citizens National Bank
National Iron Bank
Peoples National Bank
First National Bank
Merchants National Bank
First National Bank
Hackettstown National Bank
•
Capital and
Surplus
$ i ,200,000.
1,100,000.
1,000,000.
1,000,000.
750,000.
750,000.
750,000.
750,000.
660,000.
600,000.
600,000.
550,000.
500,000.
500,000.
500,000.
500,000.
500,000.
500,000.
500,000.
450,000.
400,000.
400,000.
400,000.
375,000.
375,000.
350,000.
300,000.
300,000.
300,000.
300,000
300,000.
300,000.
300,000.
270,000.
250,000.
250,000.
250,000.
250,000.
250,000.
241,000.
225,000.
225,000.
J 1 t'Cf^i u+vcv
9
CONNECTICUT
Place
Bridgeport
Bridgeport
Bridgeport
Stamford
Bridgeport
Stamford
Danbury
Danbury
Greenwich
Norwalk
Norwalk
Bank
First Bridgeport National Bank
City National Bank
Bridgeport Trust Company
Stamford National Bank
Connecticut National Bunk
First National Bank
City National Bank
Danbury National Bank
Greenwich National Bank
National Bank of Norwalk
Fairfield County National Bank
Capital and
Surplus
$ 1,600,000.
1,000,000.
800,000.
600,000.
582,100.
400,000.
300,000.
300,000.
300,000.
288,000.
250,000.
CA
/1rl~
Cs-nZUiA^Lfff
IO
LIST OP 475 BANKS COMPOSING GROUP 3, FEDERAL RESERVE DISTRICT NO. 2
NEW YORK
Place
Ballston Spa
Batavia
Batavia
Beacon, Fishkill-on-Hudson
Canandaigua
Canton
Carthage
Delhi
Dunkirk
Geneseo
Glens Falls
Goshen
Herkimer
Kingston
Oswego
Pawling
Plattsburg
Plattsburg
Plattsburg
Port Chester
Port Henry
Saratoga Springs
Seneca Falls
Tarrytown
Wellsville
Corning
Kingston
Potsdam
Kngston
Hudson Falls
Jimestown
Kingston
Plattsburg
Skaneateles
Waterville
Newark
Franklinville
Mineola
Port Richmond
Warsaw
Poughkeepsie
Port Jervis
Champlain
Bank
Ballston- Spa National Bank
Bank of Genesee
_
First National Bank.
Fishkill National Bank
_ Canandaigua National Bank
First National Bank
Carthage National Bank
Delaware National Bank
Merchants National Bank
Genesee Valley National Bank
Merchants National Bank
National Bank of Orange County
First National Bank
National Ulster County Bank
Second National Bank
National Bank of Pawling.
City National Bank
First National Bank
Merchants National Bank
First National Bank
First National Bank
Saratoga National Bank
Exchange National Bank „
Tarrytown National Bank
Citizens National Bank
First National Bank
Rondout National Bank
Citizens National Bank
State of New York National Bank
Sandy Hill National Bank
Swedish-American National Bank
Kingston National Bank......
Plattsburg National Bank
National Bank of Skaneateles
National Bank of Waterville
First National Bank
Union National Bank
Nassau County Trust Company
Port Richmond National Bank
Wyoming County National Bank
First National Bank
National Bank of Port Jervis
First National Bank
Capital and
Surplus
$
200,000.
200,000.
200,000.
200,000.
isoo,ooo.
200,000.
200,000.
200,000.
200,000.
200,000.
200,000.
200,000.
200,000.
200,000.
200,000.
200,000.
^00,000.
200,000.
200,000.
200,000.
200,000.
200,000.
200,000.
200,000.
200,000.
190,000.
190,000.
190,000.
185,000.
180,000.
180,000.
180,000.
180,000.
180,000.
180,000.
178,500.
175,000.
175,000.
175,000.
175,000.
170,000.
167,000.
165,000
/2- f - C
II
NEW YORK—Continued.
Place
Hoosick Falls
Mechanicsville
Brewsters
Oneida
Albion
Albion
Amsterdam.
Canton
Cobleskill
Cortland
Cuba
Hempstead
Hobart
Hornell
Hudson Falls
Ilion
Keeseville
Lowville
Middletown
Mt. Kisco
New Platz
Nyack
Oxford
Peekskill
Rhinebeck
Salamanca
Sidney
Stapleton
Suffern
Walton
Watertown
Waverly
White Plains
White Plains
Groton
Mamaroneck
Mohawk
Oneonta
Owego
East Aurora
Hamilton
Amenia
Carthage
Rye
Bank
„
„
First National Bank
Manufacturers National Bank
First National Bank......
Oneida Valley National Bank
Citizens National Bank
Orleans County National Bank
First National Bank
St. Lawrence County National Bank
First National Bank
Second National Bank
Cuba National Bank
First National Bank
National Bank of Hobart
Citizens National Bank
Peoples National Bank
Ilion National Bank
Keeseville National Bank
Black River National Bank
Merchants National Bank
Mt. Kisco National Bank
Huguenot National Bank
Nyack National Bank
First National Bank
Peekskill National Bank
First National Bank
First National Bank
Sidney National Bank
Stapleton National Bank
_
.....Suffern National Bank
First National Bank
City National Bank
First National Bank
County Trust Company
First National Bank
First National Bank
First National Bank
National Mohawk Valley Bank
Citizens National Bank
First National Bank
Erie County Trust Company
National Hamilton Bank
First National Bank
National Exchange Bank
_ Rye National Bank
Capital and
Surplus
$
160,000.
160,000.
—
156,000.
I55. 0 0 0 150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
140,000.
140,000.
140,000.
140,000.
140,000.
137,500.
132,000.
130,000.
_
130,000.
130,000.
) X I - £<ZZU^4sUi oi
12
NEW YORK—Continued
Place
Schenectady
Le Roy
Chester
Coxsackie
Fonda
Friendship
Hoosick Falls
Jamaica
Johnson City
Liberty
Lowville
Nyack
Ogdensburg
Ossining.
Ridgewood
Stapleton
Baldwinsville
Ballston Spa
Beacon, Matteawan
Canajoharie
Dover Plains
Fort Edward
Lackawanna
Lyons
Middletown
Ossining.
Palmyra
Vernon
Warsaw
Warwick
Addison
Walden
Watervliet
Chateaugay
Clayton
Red Hook
Adams
Adams
Alexandria Bay
Aurora
Bainbridge
Brockport
Chatham
Cuba
Dolgeville
Edmeston
Bank
Mohawk National Bank
Le Roy
Chester National Bank
National Bank of Coxsackie
National Mohawk River Bank
Union National Bank
Peoples National Bank
First National Bank
Workers Trust Company
Sullivan County National Bank
First National Bank
Rockland County Trust Company
St. Lawrence Trust Company
Ossining National Bank
Ridgewood National Bank
Richmond Borough National Bank
First National Bank
First National Bank
Matteawan National Bank
National Spraker Bank
Dover Plains National Bank
Fort Edward National Bank
Lackawanna National Bank
Gavitt National Bank
First National Bank
First National Bank
First National Bank
National Bank of Vernon
Trust Company of Wyoming County
First National Bank
First National Bank
Third National Bank
National Bank of Watervliet
First National Bank
National Exchange Bank
First National Bank
Citizens National Bank
Farmers National Bank
First National Bank of the Thousand
Islands
First National Bank
First National Bank
First National Bank
State Bank
First National Bank
First National Bank
First National Bank
Capital and
Surplus
$
130,000.
128,000.
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
120,000.
120,000.
120,000.
120,000.
120,000.
120,000.
120,000.
120,000.
120,000.
120,000.
120,000.
120,000.
120,000.
120,000.
115,000.
111,000.
111,000.
110,000.
110,000.
105,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
I % I - c^rnZt
13
NEW YORK—Continued
Bank
Place
Ellenville
Flushing
Greenport
Greenwich
Hammondsport
Highland
Homer
Ilion
Millbrook
Millerton
Oyster Bay
Port Henry
Port Jefferson
Richfields Springs
Riverhead
St. Johnsville
Saranac Lake
Sayville
Southampton
Ticonderoga
Warrensburgh
Westfield
Whitehall
Franklin
Bronxville
Horseheads
Mechanicsville
Owego
Roscoe
Schuylerville
Silver Creek
Boonville
Sidney
Bath
Cambridge
Dansville
Deposit
Frankfort
Granville
Morrisville
Salem
Wayland
Amityville
Camden
Canisteo
'.
_
Home National Bank
Flushing National Bank
First National Bank
First National Bank
The Bank of Hammondsport
First National Bank
Homer National Bank
Manufacturers National Bank
Bank of Millbrook
Millerton National Bank
Oyster Bay Bank
Citizens National Bank
First National Bank
First National Bank
Suffolk County National Bank
First National Bank
Adirondack National Bank
Oystermans National Bank
First National Bank
Ticonderoga National Bank
Emerson National Bank
National Bank of Westfield
Merchants National Bank
First National Bank
Gramatan National Bank
First National Bank
First National Bank
Owego National Bank
First National Bank
National Bank of Schuylerville
First National Bank
First National Bank
Peoples National Bank
Bath National Bank
.Cambridge Valley National Bank
Merchants & Farmers National Bank..
Farmers National Bank
First National Bank
Farmers National Bank
First National Bank
Salem National Bank
First National Bank
Bank of Amityville
First National Bank
First State Bank
Capital and
Surplus
5
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
97,000.
90,000.
90,000.
90,000.
90,000.
90,000.
90,000.
90,000.
88,000.
82,500.
80,000.
80,000.
80,000.
80,000.
80,000.
80,000.
80,000.
80,000.
80,000.
75,000.
75,000.
75,000.
14
NEW YORK—Continued
Place
Earlville
Ellenville
Far Rockaway
Greenport
Hancock
Haverstraw
Liberty
Massena
Poland
Watkins
Whitestone
Wolcott
Lyons
Saranac Lake
Canajoharie
Babylon
Bay Shore
Canastota
Carmel
Hudson Falls
Larchmont
Middleburg
Monticello
Newport
North Creek
Northport
Owego
Philmont
Schenevus
Morris
Candor.
Mineola
Mt. Morris
Goshen
Boonville
Fredonia
Huntington
Mexico
Old Forge
Oriskany Falls
Tupper Lake
Monroe
Ozone Park
Argyle
Cazenovia
Bank
First National Bank
First National Bank
National Bank of Far Rockaway
Peoples National Bank
First National Bank
National Bank of Haverstraw
National Bank of Liberty
First National Bank
Citizens National Bank
Glen National Bank
First National Bank
First National Bank
Lyons National Bank
Saranac Lake National Bank
Canajoharie National Bank
Babylon National Bank
First National Bank
First National Bank
Putnam County National Bank
Hudson Falls National Bank
Larchmont National Bank
First National Bank
National Union Bank
National Bank of Newport
North Creek National Bank
First National Bank
Tioga National Bank
First National Bank
Schenevus National Bank
First National Bank
First National Bank
First National Bank
Genesee River National Bank
Goshen National Bank
National Exchange Bank
National Bank of Fredonia
First National Bank
First National Bank
First National Bank
First National Bank
Tupper Lake National Bank
Monroe National Bank
First National Bank
First National Bank
_ Cazenovia National Bank
Capital and
Surplus
$
75,000.
75>°°°75,000.
75,000.
75,ooo.
75,000.
75,000.
75,ooo.
75,000.
75,ooo.
75,ooo.
75,ooo.
72,000.
_.
72,000.
71,000.
70,000.
70,000.
70,000.
70,000.
70,000.
70,000.
70,000.
70,000.
70,000.
70,000.
70,000.
70,000.
70,000.
70,000.
68,000.
_
67,000.
67,000.
67,000.
66,000.
65,000.
65,000.
65,000.
65,000.
65,000.
65,000.
65,000.
62,500
62,500.
_
60,000.
60,000.
12~ i ~ &r*U<wct
15
N E W YORK—Continued
Place
Cherry Valley
Clyde
Cold Spirng
Corinth
Frankfort
Freeport
Fultonville
Granville
Granville
Marathon
New Berlin
Perry
Pulaski
Red Creek
Rockville Center
Silver Creek
Sodus
Theresa
Waterloo
Whitehall
Mariners Harbor
Cooperstown
Dundee
Fairport
Pine Plains
Rockville Center
Woodridge
South Otselic
Alleghany
Andover
Barker.
Callicoon
Clayton
Clinton
Downsville
Dryden
East Hampton
Farmingdale
Florida
Grand Gorge
Hammond
Hermon
Heuvelton
Highland Falls
Holcomb
Holland Patent
Bank
—
National Central Bank
Briggs National Bank
National Bank of Cold Spring
Corinth National Bank
Citizens National Bank
First National Bank
Fultonville National Bank
Granville National Bank
Washington County National Bank
First National Bank
National Bank of New Berlin
First National Bank
Peoples National Bank:
Red Creek National Bank
Nassau County National Bank
Silver Creek National Bank
First National Bank
Farmers National Bank
First National Bank
National Bank of Whitehall
Mariners Harbor National Bank
Cooperstown National Bank
Dundee National Bank
Fairport National Bank
Stissing National Bank
First National Bank
First National Bank
Otselic Valley National Bank
First National Bank
Burrows National Bank
Somerset National Bank
Callicoon National Bank
First National Bank
Hayes National Bank
First National Bank
First National Bank
East Hampton National Bank
First National Bank
Florida National Bank
First National Bank
Citizens National Bank
First National Bank
First National Bank
First National Bank
...Hamlin National Bank
First National Bank
Capital and
Surplus
$
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,00a
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
59,400.
59,200.
58,500.
55,000.
55,ooo.
55,ooo.
55,000.
50,500.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
16
N E W YORK—Continued
Place
Irvington
Lynbrook
Margaretville
Marlboro
Middleport
Redwood
Roxbury
Spring Valley
Tottenville
Tully
Washingtonville
Westport
Brushton
Amityville
Gainesville
Unadilla
East Rochester
Milford
Tuckahoe
Castleton
Central Valley
Cornwall
Ovid
Pulaski
Ravena
Ripley
Silver Springs
Smithtown Branch
South Glens Falls
Sparkill
Springville
Stony Brook
Trumansburg
Whitney Point
Genoa
Salem
Union
Whitesville
Morristown
Cherry Creek
Copenhagen
Lake George
Remsen
St. Regis Falls
Sharon Springs
Bank
Irvington National Bank
Lynbrook National Bank
Peoples National Bank
First National Bank
First National Bank
Redwood National Bank
National Bank of Roxbury
First National Bank
Tottenville National Bank
First National Bank
First National Bank
Lake Champlain National Bank
First National Bank
First National Bank
Gainesville National Bank
Unadilla National Bank
First National Bank
Milford National Bank
First National Bank
National Exchange Bank
Central Valley National Bank
Cornwall National Bank
First National Bank
Pulaski National Bank
First National Bank
First National Bank
Silver Springs National Bank
National Bank of Smithtown Branch
First National Bank
First National Bank
Citizens National Bank
Bank of Suffolk County
The State Bank
First National Bank
First National Bank
Peoples National Bank
Farmers National Bank
First National Bank
Frontier National Bank
Cherry Creek National Bank
Copenhagen National Bank
First National Bank
First National Bank
St. Regis Falls National Bank
First National Bank
:
Capital and
Surplus
$
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
^o,ooo.
50,000.
50,000.
48,000.
47»5°°45>o°°.
45.00045* 0 0 0 43.0004 2 >5°°42,000.
40,000.
40,000.
40,000.
40,000.
40,000.
40,000.
40,000.
40,000.
40,000.
40,000.
40,000.
40,000.
40,000.
40,000.
40,000.
39,ooo.
39,000.
39,000.
39,ooo.
38,000.
37>5°037>Soo.
37>5oo.
37»500.
37,500.
37>500.
/ Z i' ~" COtSlASVlAA-L^L
17
N E W YORK—Continued
Place
Lindenhurst
West Winfield
Dexter
Fleischmanns
Wappingers Falls
Akron
Bayside
Cato
Central Square
Croton-on-Hudson
Falconer
Islip
Lacona
Montour Falls
North Rose
_
Trumansburg
Marcellus
Nichols
Bridgehampton
Caledonia
Altamont
Bellmore
Livingston Manor
Arcade
Athens
Belfast
Brasher Falls
Clifton Springs
Croghan
Edwards
Greenwood
Hastings-->n-Hudson
Hicksville
Jeffersonville
Lisle
Marion
Montgomery
Newark Valley
Pearl River
Phelps
Pine Bush
Wallkill
Weedsport
Westbury
Winthrop
Capital and
Surplus
Bank
First National Bank
West Winfield National Bank
First National Bank
First National Bank of Griffin Corners..
National Bank of Wappingers Falls
Wickware National Bank
Bayside National Bank
First National Bank
First National Bank
First National Bank
First National Bank
First National Bank
First National Bank
Montour National Bank
First National Bank
First National Bank
First National Bank
Nichols National Bank
Bridgehampton National Bank
First National Bank
First National Bank
First National Bank
.'
Livingston Manor National Bank
First National Bank
Athens National Bank
First National Bank
Brasher Falls National Bank
Ontario National Bank
Croghan National Bank
Edwards National Bank
First National Bank
First National Bank
Long Island National Bank
First National Bank
First National Bank
First National Bank
National Bank of Montgomery
First National Bank
First National Bank
Phelps National Bank
Pine Bush National Bank
Wallkill National Bank
First National Bank
Bank of Westbury
First National Bank
;
37,000.
37,000.
36,000.
35.50035.5O0.
35,000.
35,000.
35,000.
35,000.
35,000.
35,000.
35,000.
35,000.
35,000.
35,000.
35,000.
34,000.
34,000.
33,000.
33,000.
3i.5oo.
31.250.
31,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
•
/ 3L / -
C<r>t%<^vu4^ce<9t
18
NEW YORK—Continued
Place
Bank
Harrisville
East Islip
Forestville
Windsor
Bliss
Conewango Valley
Gasport
Kerhonkson
Norfolk
Tannersville
First National Bank
First National Bank
First National Bank
Windsor National Bank
Bliss National Bank
Conewango Valley National Bank
First National Bank
Kerhonkson National Bank
First National Bank
Mountains National Bank
Capital and
Surplus
$
29,500.
29,000.
29,000.
29,000.
27,500.
26,000.
25,000.
25,000.
25,000.
25,000.
NEW JERSEY
Place
Boonton
Flemington
Flemington
Hackensack
Lambertville
Sussex
Newton
Montclair.
I rvington
Montclair.
Phillipsburg
Westfield
Asbury Park
Belvidere
Lambertville
West Hoboken
Bloomfield
Clinton
Cranbury
Englewood
Freehold
Frenchtown
Matawan
Montclair
Rahway
Rutherford
South Amboy
South River
Bank
„
Boonton National Bank
Flemington National Bank....
Hunterdon County National Bank
Hackensack National Bank
Lambertville National Bank
Farmers National Bank
Merchants National Bank
Essex National Bank
_
I rvington National Bank
Bank of Montclair
Second National Bank
Peoples Bank & Trust Company
Seacoast Trust Company
Belvidere National Bank
Amwell National Bank
National Bank of North Hudson
_.Bloomfield National Bank
Clinton National Bank
First National Bank
Citizens National Bank
First National Bank
Union National Bank
Farmers & Merchants National Bank
First National Bank
Rahway National Bank
Rutherford National Bank
First National Bank
First National Bank
Capital and
Surplus
$
200,000.
200,000.
200,000.
200,000.
200,000.
200,000.
190,000.
187,500.
180,000.
180,000.
180,000.
180,000.
175,000.
175,000.
157,000.
154,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
150,000.
135,000.
/ 2- / - £-crv J&MX-t-C 0
19
N E W JERSEY—Continued
Place
Asbury Park _
Bound Brook
Butler
Rahway
Rutherford
Town of Union
Wcstfield
Cranford
Glen Ridge
Westfield
West Orange
Allentown
Atlantic Highlands
Belvidere
Freehold
Freehold
Hackettstown
Jamesburg
Millburn
Ridgewood
Somerville
Summit
Arlington
Hamburg
Madison
Belmar
Blairstown
Bloomsbury
Guttenburg
Manasquan
Spring Lake
Clinton
Englishtown
Ocean Grove
Garfield
Branchville
Carlstadt
Keyport
Lyndhurst
Metuchen
Pompton Lakes
Ridgefield Park
Roselle
Westwood
Whitehouse Station
Bank
.*
-
Merchants National Bank
First National Bank
First National Bank
Rahway Trust Company.....'.
Rutherford Trust Company
First National Bank
National Bank of Westfield
Cranford Trust Company
Glen Ridge Trust Company
Westfield Trust Company
First National Bank
Farmers National Bank
Atlantic Highlands National Bank
W a r r e n County National Bank
Central National Bank
National Freehold Banking Company.
Peoples National Bank
First National Bank
First National Bank
First National Bank
_
Second National Bank
First National Bank
First National Bank
_
Hardyston National Bank
First National Bank
First National Bank
Peoples National Bank
Citizens National Bank
First National Bank
Manasquan National Bank
First National Bank
First National Bank
First National Bank
_
_
Ocean Grove National Bank
First National Bank
First National Bank
Carlstadt National Bank
Peoples National Bank
First National Bank
Metuchen National Bank
First National Bank
First National Bank
_
First National Bank
First National Bank
_
First National Bank
Capital and
Surplus
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
125,000.
120,000.
120,000.
120,000.
120,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
100,000.
90,000.
85,000.
85,000.
75,000.
75,000.
75.000.
75.000.
75,000.
75.000.
70,000.
70,000.
68,000.
65,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
60,000.
53,000.
%
/ 2. I - CirnZt^uz
ef .
20
N E W JERSEY—Continued
Capital and
Surplus
Bank
Place
Bernardsville
Blairstown
Caldwell
Closter
Dunellen
Edgewater
F o r t Lee
Milford
Netcong
Ramsey
Roosevelt
Tenafly
Woodbridge
Caldwell
Eatontown
Seabright
East Newark
High Bridge
Farmingdale
Hope
Bradley Beach
Calif on
Keansburg
Little Falls
Milltown
Rockaway
Secaucus
Verona
'.
50.000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
45,000.
40,000.
37oOO.
35,000.
33,000.
32,000.
32,000.
3ioOO.
31,000.
30,000.
30,000.
30,000.
30,000.
30,000.
30,000.
Bernardsville National Bank..
First National Bank
Caldwell National Bank
Closter National Bank
First National Bank
First National Bank
First National Bank
First National Bank
Citizens National Bank
First National Bank
First National Bank
First National Bank
First National Bank
Citizens National Bank
First National Bank
First National Bank
First National Bank
First National Bank
First National Bank
First National Bank
First National Bank
Calif on National Bank
Keansburg National Bank
Little Falls National Bank
First National Bank
First National Bank
First National Bank
Verona National Bank
CONNECTICUT
Place
South Norwalk
South Norwalk
New Canaan
Ridgefield
Bethel
Bank
_
_
City National Bank
South Norwalk Trust Company.
First National Bank
First National Bank
Bethel National Bank
Capital and
Surplus
$
200,000.
178,000.
120,000.
55,000.
29,500.
@FedFRASER