The Schenectadian, portraying the advantages, attractions and opportunities of the electic city . - sound banking principlesand progressiveness of business policies. Itsgrowth has been such as to give it high stand-ing among the leading National banks of thepresent day. With a capital of $100,000. itssurplus and undiv ided profits are $217,,and its deposits amount to $1,060, The advent of modern business methods,the rise of great industrial organizations, theextension of public utilities, and the develop-ment of real estate and commercial enterprisesof large magnitude brought into
The Schenectadian, portraying the advantages, attractions and opportunities of the electic city . - sound banking principlesand progressiveness of business policies. Itsgrowth has been such as to give it high stand-ing among the leading National banks of thepresent day. With a capital of $100,000. itssurplus and undiv ided profits are $217,,and its deposits amount to $1,060, The advent of modern business methods,the rise of great industrial organizations, theextension of public utilities, and the develop-ment of real estate and commercial enterprisesof large magnitude brought into existenceSchenectadys trust companies to meet theurgency of the situation. The older of these,the Schenectady Trust Company, is the out-growth of the Schenectady Bank, a State in-stitution, founded in 1838. The SchenectadvTrust Compan>-. which took over the old or-ganization, was chartered in 1002. From thetime of its organization it has been a factor.
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Keywords: ., bookcentury1900, bookdecade1910, bookidschenectadia, bookyear1914
