Archive

Search JTA's historical archive dating back to 1923

Jonas to Head Merged Banks

January 7, 1929
See Original Daily Bulletin From This Date
Advertisement

The Manufacturers’ Trust Company and the State Bank and Trust Company, according to a joint statement of Nathan S. Jonas and Harold C. Richard yesterday, have completed merger negotiations, which will bring about a combined institution with deposits of $375,000,000, and resources of $450,000,000.

Nathan S. Jonas will continue as President and Henry C. Von Elm as Chairman of the Executive Committee.

Recommended from JTA

Advertisement