EMPLOYEES AS BANK SHAREHOLDERS.

Evening Post, Volume CXIII, Issue 61, 14 March 1927, Page 11

EMPLOYEES AS BANK SHAREHOLDERS.

In connection with the increase of .thai capital of the National City Bant of MW*' York to 75,000,000 dollars, a statement of the president, Mr. Sosthenes Behn, regarding the shareholding is of more than pass* ing interest. He said .that of'the IS,2W:' shareholders in the bank' 3820 are officers or employees of the institution. In addition there are a number of employees >mb are subscribers under the staff stock acquisition plan,' whose purchase payments have not yet been jpompleted, and to whom stock has not yet been delivered. The' distribution of the company's shares extend^ ed through every State of the UniteS States and through 25 foreign countries;