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.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.