Business: Davison's Bank

Into the darkened Manhattan dining room where 700 bigwigs of finance, industry and commerce were dining last week, went a procession of servants bearing on platters before them, not boars' heads nor puddings blazing with brandy, but great candied cakes, each lit by 25 candles. It was a symbolic procession to mark, as the banquet and its other sequences marked, the completion of 25 years' service to the New York community by the Bankers Trust Company.

The late Henry Pomeroy Davison founded the Bankers Trust in 1903. He was then the energetic and radiant vice president of the First National Bank in...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!