Banks as public utilities and Joliet's bank plan
An editorial argues banks are public utilities dependent on customer support. It details Joliet’s bank formation under Illinois law, requiring local residents to organize, cash capital, and set aside surplus and undivided profits to start operations.
MENTIONED IN THIS ARTICLE
Joliet
Illinois
Benefit Play for Orphans Opens Sunday
A cast of 350 students from the College of St. Francis and St. Francis Academy stage Ti Poverello the life of St. Francis of Assisi Sunday afternoon and Monday night at Joliet Township High School auditorium. Proceeds go to Guardian Angel Orphans Home. The play traces Francis from youth to death and features Marian Wellnitz Geraldine Griffin Cathryn Roti and Margaret Glennon in key roles.
MENTIONED IN THIS ARTICLE
College of St. Francis
St. Francis Academy
Ti Poverello
St. Francis of Assisi
Joliet Township High School
Guardian Angel Orphans
Assisi
Zita
Francis
God
Ale Zita
Marian Wellnitz
Geraldine Griffin
Columbus
Ohio
Mona Pica
Cathryn Roti
Chicago
Bernadone
Lady Clare
Margaret Glennon
Guardian Angel’s
Rosemary MéeHugh
Helen Stabler
Mary Frances Kaffer
Dorothy Donovan
Frances Motta
Virginia Dillman
Zeta
Gypsey
Dividend Checks of Joliet Trust to Be Mailed Monday
Col John E Morrison announces that dividend checks totaling 80000 will be mailed late tomorrow once a court order is issued. Reorganization plans at First National may allow 40 to 50 percent of deposits to be available immediately. Frederick W Woodruff is mentioned as a possible new president.
MENTIONED IN THIS ARTICLE
Joliet Trust
First National Bank
A. H. Leyburn
National Bank
Chicago
T. R. Thorsen
vBank
John E. Morrison
Joliet Trust and Savings Bank
Col. Morrison
Frederick A. Hill
Thorsen
Leyburn
Frederick W. Woodruff
Also Mentioned on This Page
Merchants’ and
People’s Bank
Lddh
William Charles Lordan
James Lordan
North
Hickory Street