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German National Bank
| Name | German National Bank |
| Ortssitz | Newark (New Jersey) |
| Straße | Broad Street 766 |
| Art des Unternehmens | Bank |
| Anmerkungen | Bank |
| Quellenangaben | [Industries of New Jersey, Essex County V (1882) 700] |
| Zeit |
Ereignis |
| 1872 |
Gründung unter der National Bank Act mit einem Kapital von $200,000 |
| Produkt |
ab |
Bem. |
bis |
Bem. |
Kommentar |
| Geldverkehr |
1882 |
[Industries of N.J. (1882)] |
1882 |
[Industries of N.J. (1882)] |
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| ZEIT | 1882 |
| THEMA | Beschreibung |
| TEXT | The German National Bank is one of the new banking institutions that have recently been added to the banking facilities of the city of Newark, and was organized under the National Bank Act, with a capital of $200,000, in 1872, and although its career has not been a long one it has achieved marked success, and now ranks among the most solid of the fiduciary institutions in the State. It is ably officered, and its Board of Directors is composed of gentlemen more than usually prominent in their various avocations. The President is Isador Lehman, Esq., who has held that position since the bank was organized, and the Cashier Edwin M. Douglass, who has faithfully fulfilled those duties since 1877, and besides the above C. W. A. Roemer, Esq., James Perry, Esq., Henry Long, Esq., F. H. Wismer, Esq., Samuel Simon, Esq., Julius .Steftins, Esq., Bernard Strauss, Esq., George B Swain, Esq., W. P. Sinnick, Esq., Simon Scheurer, Esq., and C. F. Seitz form the Board of Directors. The bank transacts a general business in loans, discounts, and deposits, and makes collections on all available points in the United States and Europe through its correspondents. It does a large business in foreign exchange, issuing bills direct on all the principal cities of Europe. That the operations of the bank have been ably conducted is amply demonstrated from the fact that it has a surplus of over 37,000 and a line of deposits averaging 450,000, a very flattering showing during a career of ten years. Very few of the banks in Newark have done better, and no other more deservedly enjoy the confidence and esteem of the general public. |
| QUELLE | [Industries of New Jersey, Essex County V (1882) 700] |
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