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Artisans Deposit Bank
| Name | Artisans Deposit Bank |
| Ortssitz | Pittsburgh (Pa.) |
| Straße | Third Avenue |
| Art des Unternehmens | Bank |
| Anmerkungen | Lage: Ecke Third Avenue / Wood Street |
| Quellenangaben | [Industries of Pittsburgh (1879) 87] |
| Zeit |
Ereignis |
| 1870 |
Gründung mit einem Kapital von $180.000 |
| Produkt |
ab |
Bem. |
bis |
Bem. |
Kommentar |
| Geldverkehr |
1870 |
Gründung |
1874 |
[Industries of Pittsburgh (1879) 87] |
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| ZEIT | 1879 |
| THEMA | Beschreibung |
| TEXT | The financial institutions of Pittsburgh, though numerous, are yet, as a rule, characterized by a fair and hopeful degree of prosperity and a general management safe and conservative, though enterprising. These remarks are as applicable to the Artisans Deposit Bank as any similar concern in this city, of which it forms part of the fiduciary system. The bank was organized in 1870 and incorporated under the State law, with a paid-up capital of 180,000, with
the privilege of increasing it to half a million. Conducting a legitimate banking business in loans, discounts, deposits, collections and exchange, some idea of the ability of its management may be derived from the fact that since its establishment it has paid from its earnings as dividends to tlie stockholders about 100,000. Such success is of course owing to the fidelity with which the officers have administered their trusts, and without any fortuitous conditions of finance or trade daring the period of the existence of the institution. From its inception to the present time Messrs. Wm H. Smith and J. F. Stark have respectively occupied the positions of president and cashier, the former being also president of the Artisans Insurance Co. The directors are, besides the chief executive, Messrs. John Dunlap, manufacturer of tinware; J. P. Barr, editor and proprietor of the Daily and Weekly Post; James McGinnis; W. S. Jackson, Idlewood Hotel; J. T. Colvin, of Colvin, Atwell & Co., wholesale grocers; F. M. Hutchinson, secretary and treasurer
of the Fort Wayne Railway Co.; John J. Pettit, of J. J. Pettit & Co., produce, and L. Glesenkamp, of L. Glesenkamp
& Co., carriage manufacturers. The cashier's staff is now composed of James P. Gelston, teller and book-keeper, and
Wm. F. Miller, Messenger. The success of the Artisans Deposit Bank under such control is equal to that of any institution started under similar conditions and auspices, and the consideration in which it is held speaks strongly in its favor as a solid and popular institution. |
| QUELLE | [Industries of Pittsburgh (1879) 87] |
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