{ title: 'Lackawanna herald. (Lackawanna, N.Y.) 193?-19??, November 23, 1933, Page 4, Image 4', download_links: [ { link: 'http://www.loc.gov/rss/ndnp/ndnp.xml', label: 'application/rss+xml', meta: 'News about NYS Historic Newspapers - RSS Feed', }, { link: '/lccn/sn95071107/1933-11-23/ed-1/seq-4/png/', label: 'image/png', meta: '', }, { link: '/lccn/sn95071107/1933-11-23/ed-1/seq-4.pdf', label: 'application/pdf', meta: '', }, { link: '/lccn/sn95071107/1933-11-23/ed-1/seq-4/ocr.xml', label: 'application/xml', meta: '', }, { link: '/lccn/sn95071107/1933-11-23/ed-1/seq-4/ocr.txt', label: 'text/plain', meta: '', }, ] }
Image provided by: Lackawanna Public Library
W LNCKAWANNA”. Thursday» _;!iov¢:mI2er.:23js 7 T933 . 7 7 ‘hit ! Marine‘-Sife Bépoiiit \Company T Buffalo, N. X. ‘S_aife_<Dep_o§if A _ M ‘ (8) ,. ‘Over 90% ‘by 7 (b) A (0) None None , (<13 N one None None The Lacfkawanna Herald FRED WHITE, Editm ‘E. M. LEYDA, Publisher A Verified‘ Ib‘y E. L; Real; Treasurer Dakota Trading. Corporation Buffalo, N; Y. ~ Inactive ‘Verified :by, John .-S. White, Sec. élewett-JGates =R‘ea‘lt,v Company. ]iIc.. Buffalo, N. ‘Y. ‘ Holding Real Estate‘ Verifed- ‘by Marvin A. Davis, 3Sec. ‘Lafayette 'l‘hreatre Building. inc. Inc., Buffalo, N. Y. \Office Builcbmg , _ move by 7 None -FRED E. LEYDA, Business Manager PUBLISHED EVER Y THURSDAY AT 411 .E4LE-CTRIC AV%E.. LACKAWANNA N. Y .mvrnT1sIN-.1‘-Flvfxa CENTS A LINE '25:: MINIMUM.-. 100% -by 7 None None None 15¢!» Month by Carrier $1.50 a Year‘ 100% by 7 None None None None ABBOTT 118 1 TWO \PHONES ABBOTT 2377 'l‘<HA'=l‘ TAX MORA’I‘0R‘leUM Vezvified by Frank ‘R. Collins, Treas Union Trust Company of Rochester, Rochester, N. Y. Banking & Tmst Varirieml by Edward‘ J. ‘Meyer, Vice Pres. Servandum, -Inc. Rochester, N. Y. Over 90% ‘by 1 None $843,393.00 None None None \The ‘Hearts of the Common Council may warm: for the taxpay-9 evs. bu't—-after the trials of two years, why in the ‘-name of com--' mon sence, are they putting off the sale of taxes, True. some -taxpayers would \be injmed if the back taxes arek put up for sale, ‘but Lhe mortgage v‘ho'lde1=s~, to protect themselves,‘ would» see vtlhat the deserving home owner is protected. 100% by 12 None «Holding Real Estate Verified ‘by John W. Maleeney, P-res T:-isco ‘Realty Corporation, Rluchester,‘ N. Y. Inactive 100% by 1?. The plan of cancelling penalties has been given a fair trial and found wanting. ‘|'=I'ack manrutlng Ilne -pole with ‘por- table telep‘hone.~cuu In onrallt-end’: ‘prlvnto wire; tonlk with his inner.- ‘ 'Intend’ent. Verified by John W. Mafeeney, Pres ‘Tanhro ‘Holding “Corporation ‘R.:>ch»est.e.r,,N_ Y. Inactive No one can accuse th»e~C‘ounci-1 of playing politics in the move, so all we can say is that their ‘hearts have been softensed, again, gy those who have no intsinvtiion» of meeting their just dues [to the ity. 100% ‘by 12 None None REPORT or THE CONDITION on THE LACKAWANNA NATIONAL BAN-K Top ‘LACKAWANNA =.1N THE ‘STATE on NEW YORK AT THE CLOSE or‘ BUSINESS OCTOBER 25, 1933 Verified ‘by John W. Maleerxey, Pres. First T1-ust Company of , Tonawanda, Tonawanda, N. Y. Banking & Trust Verified !by E, Herbert smith, Sec. State ’l‘-rust Company -of North Tonawanda, North Tonawanda, N. ‘Banking & Trust Verified by W. M. Sutton, Sec. Power City Trust Company Niagara Falls, N. Y. Banking & Trust Veri by W. A. Adams, Seb. & Treasurer Power -City Safe Deposit Company Niagara Falls, N, Y. Sarfe Deposit , Verified by Edsoi =P_ Pfohl, Sec. Niagara Building Corporation Niagara Falls. N. Y, O Building Verified by Edson P. Pfohl, Sec. Atlas-Falls Realty Co,, inc. Niagara Falls, N. Y. Holding ‘Real Estate Verified by Edson P. Pfohl, Sec. Manufacturers Natioml Bank of Troy Troy, N. Y. Banking Over 90% by 1 Nuone $‘14,7,642;00 None If a man has refused to pay taxes for one or two years, and in some cases as long as twenty-four years, he is not deserving of lieniency. The only square -txhmg to do is to offer the taxes for sale, clean up the dead ‘beats on the CiMty’s books and start a cl«ean~ slate. ‘Over 90% by 1 Nolne $ 294,718.00 None ‘RESOURCES No ma?bte1' how bones the man, and we even doubt the Al- mn\g'hty could give up an HONEST budget ,or an ‘honest tax rate until a tax sale has been concluded. hoans and Discounts Overdrafts 4.48 Unjltxed States, §}overnm’ent securities owned 433,479.06‘ Other ‘bonds, stocks, and securities owned 822,779.00 ‘Banking house, $23,000.00 Furniture and 1,491,o4A1.3~ ‘Over 90% by 1 None $109,576.82 None Over 90% by 18 None None None LET’S SCRAP THE OLD FASHIONED ‘IDEAS ‘fixtures, none . . . . ; . . . . . . . . . 23,000.00; Real estate owned other tthan ‘banking house......29,761.77.‘ Reserve with Federal It seems a pity that our business men cannot get together for the common vbenmsfit of the City and its reyuidents. The vschtisms between the Chamber of Commerce, the Board of Trade, Butchers and Grocers and the Haberdashers, wh-ich were evident by the fadlmve of the meeting held to that end last Fri- day night, is harmful not only to every busiiness estafblisthment but to every nesidenrt of the city. None Over 50% by 18 None Reserve Bank .. 86,957.34‘ Cash in vaults and with other banks 334,585.18 Outside checks and other cash items 46.20 Redemption fund with 100% by 18 None None *5. None No.1e Over 90% by 1 1 None None None -Plain language on the situation is—Both the Chamber of Com mercf and Board of Trade movements are on a decline all over the coun r~y. U. S. T1'easum-'and one from U. ‘S. Treasurer .. Other assets 10.000.00 18.053.65 Verified by W. F. Seber, Cashier Security Safe Deposit C». of Troy, Troy, N, Y. Safe Deposit _ ' 3,249,708.07 Over 90% by 22 None None With orgzmiza.-tion-s like this Kiwanis, Lions clubs, amd so forbh, getting results while the old fashioned statistics gathering func- tions of the order orgarnizations are siumloering, shouldi be self evident to every business man. LlAB|L'iTlE8 Demand deposits, except U.S. Government deposits, public funds and’ deposits of other banks 176,267.36 Time deposits, except U. S. Government deposits, public funds and deposits of o banks 2,092,655.57 Public funds of States, counties school districts, or other subdivisions or muni- cipalities 116,945.24 U, S. Governmemt and postal savings deposits ......138,905.63 Deposits of other banks, including certified and cashiers’ Ciciieiclés outattanding 61,490.17 mu 3 mg no es , outstanding 200,006.00 Interest, taxes, and other expenses accrued and Other liabilities Capital account: Common stock, 2,000) shares, par $100,00)3200,000.0') per share ) 150,000.00 lgiggits--tgiet 38,742.54 - rve or contingencies 68,113.94 _ _ _ _ A _ 456,856.48 Verified by W. F‘; Seber, President Niagara County National Bank & Trust Co., Lockport, N. Y. Banking & Trust Verified by George W. Eaton, Vice Pres. 6; Cash, Niagara County Safe Deposit Company, Lockport, N. Y. Safe Deposit Verified by Maie F. Ager, Sec. Treas. Magrine Midland Trust Co. of Bing-' hiimton, Binghamton, N. Y. Banking & Trust Verified by Mark H. Georgia:,'1\reas Vestal Gardens, Inc-, Binghamton, N. Y. Holding Real Estate Verified by Fred E. I’aE¢. Pres. &'l‘reas. Workers Trust Company Johnson City, N, Y. Banking & Trust Verified by Marcus J. Win Vice Pres. dz Treas Union Trust Company oi Jamestown, Jam-stown, N. Y. Banking & Trust Verified by Harry L. Briggs, V. P. Union Safe Deposit Company of Jamestown, Jamestown, N. Y. Safe Deposit Verified by Harry L. Briggs, V. P. Bank of East Aurora East Aurora, N. Y. Banking Verified by R. S. Persons, Pres. Cortland Trust Company, Cortland, N. Y. Banking & Trust Verified by Hugh H. Williams, Treasurer The Orleans County Trust '~ Company, Albion, N. Y. Banking‘ & Trust Verified by Thomas E. Heard, Pres_ Bank of Snyder, Snyder, N. Y. . Banking Verified by Herbert J. Vogelsang, Cashier First & Second National Bank & Trust Co., Oswego, N. Y. Banking & Trust Verified by Alfred‘ G. Tucker, Cash. Bank of Batsvia, Batavin, N. Y. Banking _ _ . Verified b Frank M esverth, Asst. Cashier Marine Midland Trust Co. of New York New York City, N. 1'. Banking & Trust Verified by H. A. Misklmin, Vico Pres. 8: Sec’y. Fidelity Safe Deposit Company of New York, New Y.orl(, N. Y. Safe Deposit Verified by Samuel S. Conover, Pres. Union Trust Co. of Endicott Endicott, N. 1. Banking & Trust Verified by John M.‘ Payne, Tress. Peoples Trust Co. of Malone Malone, N_ Y. Banking & Trust Verified by T. .J.McKee, Secretary Northern New York Trust ‘Co. Watertown, N. Y. Banking & Trust Verified by S. S. Mccumber, Vice Pres,. Secy. & Treasurer 3-Medina Trust Company, Medina, N. Y. Banking & Trust Verified by Carl W. Wirth, Pres. Over 90% by 1 None None There surely is some common ground upon- which the prog- resslve element of our business organizations can agree to the end that each. and every resident of Lacloawvzmna mlghlt bene there-I Over 90% by 24 None None None $ 73,836.99 None HANKSGIVING DAY - . Albert T. Re 0ver‘90% by 1 None None 100% by 26 None None None Over 90% by 1 None $ 89,234.00 None None 3,381.16 3,206.46 0;» 90% by 1 None None None None None Over 90% by 29 None None Total, Including Capital -—-————- account 3,249,708.07 STATE OF NEW YORK, COUNTY OF ER!-E. ss: Over 90% by 1 None None None I, H. J, Moll, Cashier of the above- named bank, do solemnly swear that the above statement is true to the beat of my knowledge and belief, H, J’. MOLL, Cashier Subscribed and sworn to before me this 4th day of November, 1933. KENNETH A, RITTMAN, Notary Public. Over 90% by 1 None $ 26,791.00 None Over 90% by 1 .C<m'ect.~—Attest: IRA P. TREVETT CHAS. TROW HERBERT E. WELLS Directors. 0‘vTei\ 35% by 1 None None Over 90% by 1 REPORT AS OF OCTOBER 21, 1933. ‘OF CORPORATIONS WHICH, UNDER THE TERMS OF THE BANKING ACT OF 1933 MAY BE RULED AFFILIATES OF LACKAWANNA NATIONAL BANK By Reason of Common Ownership or Control Directly or Indirectly vested in Marine Midland Corporations or Through Imtzer-locking Directors (This report is made in. cnmirliance with the requirement: of the Banking Act of 1933) Over 90% by 1 I None None (5) (5) (¢) (5) _ ...An1ount on Nut‘ne and Add|'-t“ss ol Allllinte and Manner & Stock of Stock of Deposit In Loan: to Borrow- Other l'“\'-‘\0\ 0|’ Ullt‘ of Business ‘Degree of A Other Banks Mllliated Alilnted ingn from Rela- (‘ontrol Bank Owned Owned Bank Bunk Allil Bank (Y) (I!) over 90% by 1 None 3 12,059.25 Over 90%‘ by 38 None None Murine Midlnml Corporation 16 Exchange Place, Jorsy City, N. J. Holding Company Verified by J. G. Fisher, Vice Pros. and Treasurer Employee» Service Corporation Buffalo, N. Y. Holding Company Verified by J. G. Fischer, Treasurer Fitrust Corporation, Buffalo, N. Y. Holding Company Holtling Com- $367,348.75 None None puny A Over 35% by 1 None 5 3a,4c.2.oo 100% by 1 None None None Over 90% by 1 None None Over 90% by 1 None s259,96s92 None Over 90% by 1 None $186,939.42 Verified by J. G. Fischer, President Security Properties Co., Inc., Troy, N. Y. Holding Company Verified by W. F. Seber, President Ilium Realty C0,, Troy, N. Y. _ Over 90% by 1 None None None‘ Over 70% by 1 None None 100% by 4 None I-lalding Real Estate Verified by W. C. Feathers, Treas Marine Midland Group, Inc., Buffalo. N. Y. Bank Operations Verified by E. C. Gruen, Vice Pres. A & Treas. Marine Trust Company Buffalo, N. Y. Banking J: Trust _ Verified by E. L, Reed, Treasurer I I hereby certify that I have examined tihe separate reports of the amliates described ‘in the above. ‘schedule; that. each such report is; veri in the fol- iowing form by the of named in said schedule: “I (Name and Omoe) of (Name o f Af do solemnly swear that the above statement is true to the best of my lmowleedg-e and bo!1ie<l,”’ 100% thru the None None NW6 Group Banks Over 90% by 1 None $2,744,848.68 None mud at Buaalo, N. Yuma 143313 *\\\'E?'C.'GRUEN' H - November, 1933 Notary Public; Erie County, N. Y, {E1