On December 25, 1902, the Bank of Mount Vernon was sold to businessmen including A. A. Lisman, Dr. Archibald M. Campbell, John T. Wintjen, and Mark D. Stiles. The price paid for the stock was $705 a share.[3] The name of the bank changed to operate as a trust company and became the Mount Vernon Trust Company. It was opened for business on May 31, 1903, in the same building as the old Bank of Mount Vernon was in, on First Street and Third Avenue. The building was built by Dawson Archer.[4]
The new bank had $200,00 in capital and $200,00 in surplus. The directors were: J. E. Borne, Charles H. Fancher, J. M. Donald, F. T. Martin, S. H. Voorchies, A. A. Lisman, Samuel Well, A. Murray Young, George R. Dyer and a number of businessman from Mount Vernon.[5] By April 1, 1903, Campbell became President, Lisman became Vice-President, Jesse Lantz, 2nd Vice-President, and Daniel M. Hopping, Secretary & Treasurer.[6] On October 1, 1904, deposits of the Trust Company had grown to $1,162,000. They declared a quarterly dividend of 1% to stockholders of record on November 1, 1904.[7]
In 1928, the bank building on First Street and Third Avenue was rebuilt by A. F. Barbaresi and Son. The opening on June 16, 1928, was attended by thousands of people. Mark D. Stiles, president of the Trust Company, presented a gold watch and chain to Anthony Pizzarello, superintendent of construction, as an appreciation for his services. The new building cost over $500,000.[8] The bank had two branches to serve the east and west sections of the city.[9]
On July 18, 1930, the American National Bank and Trust Company merged with the Mount Vernon Trust Company. The merger raised the capital of the Mount Vernon Trust Co. to $1,500,000 from $1,000,000. Resources of the new bank were $31,250.283, making it the largest commercial bank in Westchester County, New York. Mark D. Stiles, was president of the bank and Archibald M. Campbell was chairman.[2] The Mount Vernon Trust Company's first president for 21 years and chairman of the board of directors, Archibald M. Campbell died on August 31, 1930, in Westchester, New York.[10]
On March 28, 1952, stockholders of the County Trust Company of White Plains, New York, approved the merger of the Mount Vernon Trust Co. with County Trust Co., which became effective on April 1. Fred E. Goldman was president of the Mount Vernon Trust company, and he became senior Vice-President of the merged banks. After the merger, resources of the County Trust Co. were $200 million. A quarterly dividend of 50 cents a share was declared effective April 15.[11][12] In November 1953, County Trust Co. sold the former Mount Vernon Trust Co., building at First Street and Third Avenue to the Dutchess Owners Inc., of White Plains, New York.[13]
Westchester County is located in the U.S. state of New York. It is the seventh most populous county in New York and the most populous north of New York City. According to the 2020 United States Census, the county had a population of 1,004,457, an increase of 55,344 (5.8%) from the 949,113 counted in 2010. Situated in the Hudson Valley, Westchester covers an area of 450 square miles (1,200 km2), consisting of six cities, 19 towns, and 23 villages. Established in 1683, Westchester was named after the city of Chester, England. The county seat is the city of White Plains, while the most populous municipality in the county is the city of Yonkers, with 211,569 residents per the 2020 U.S. Census.
Yonkers is a city in Westchester County, New York, United States. Developed along the Hudson River, it is the third most populous city in the state of New York, after New York City and Buffalo. The population of Yonkers was 211,569 as enumerated in the 2020 United States Census. It is classified as an inner suburb of New York City, located directly to the north of the Bronx and approximately two miles (3 km) north of Marble Hill, Manhattan, the northernmost point in Manhattan.
Mount Vernon is a city in Westchester County, New York, United States. It is an inner suburb of New York City, immediately to the north of the borough of the Bronx. As of the 2020 census, Mount Vernon had a population of 73,893, making it the eighth most populous city in the state (2010).
The Westchester County Bee-Line System, branded on the buses in lowercase as the bee-line system, is a bus system serving Westchester County, New York. The system is owned by the county's Department of Public Works and Transportation.
Southern Westchester refers to the southern portion of Westchester County, New York, a dense inner-ring suburban area north of New York City.
The Corn Exchange Bank was a retail bank founded in 1853 in New York state. Over the years, the company acquired many community banks.
The Journal News is a newspaper in New York State serving the New York counties of Westchester, Rockland, and Putnam, a region known as the Lower Hudson Valley. It is owned by Gannett.
New York State Route 125 (NY 125) is a 7.50-mile (12.07 km) north–south state highway located within Westchester County, New York, in the United States. The route begins at an intersection with U.S. Route 1 (US 1) in the Town of Mamaroneck and ends at a junction with NY 22 in the city of White Plains. A section of the route in the city of White Plains is maintained by Westchester County and co-designated as County Route 26 (CR 26). A second county-owned segment exists along the New Rochelle–Scarsdale line as County Route 129. Both numbers are unsigned. NY 125 was assigned as part of the 1930 renumbering of state highways in New York, initially extending from US 1 to Mamaroneck Avenue in White Plains. It was extended north to NY 22 in the mid-1930s.
Westchester–Putnam Council was a local council of the Boy Scouts of America, serving Boy Scouts in southeastern New York State. It merged with the Hudson Valley Council in January 2021 to become the Greater Hudson Valley Council.
Yonkers Avenue is an east–west street in the city of Yonkers in Westchester County, New York, in the United States. It is one of four major east–west through routes in the city. The western terminus of the street is at Nepperhan Avenue, which connects to U.S. Route 9 (US 9) and New York State Route 9A (NY 9A). Its eastern terminus is at Bronx River Road near the Bronx River Parkway. The entirety of Yonkers Avenue is maintained by the New York State Department of Transportation as New York State Route 983C from Nepperhan Avenue to the Saw Mill River Parkway and New York State Route 984E from the Saw Mill Parkway to Bronx River Road. Both are unsigned reference route designations.
The Third Avenue Railway System (TARS), founded 1852, was a streetcar system serving the New York City boroughs of Manhattan and the Bronx along with lower Westchester County. For a brief period of time, TARS also operated the Steinway Lines in Long Island City.
There are forty-five local police agencies in Westchester County, New York. As well as other county, state, and federal agencies responsible for protecting Westchester County, these agencies frequently work with one another and other agencies located in the surrounding counties and states as well as the NYPD. Current economic times has caused a few Westchester municipalities to consider consolidation of police services. The Westchester County Department of Public Safety started providing primary police services for the Town/Village of Mount Kisco in 2015.
The New York, Westchester and Boston Railway Company, was an electric commuter railroad in the Bronx and Westchester County, New York from 1912 to 1937. It ran from the southernmost part of the South Bronx, near the Harlem River, to Mount Vernon with branches north to White Plains and east to Port Chester. From 1906, construction and operation was under the control of the New York, New Haven & Hartford Railroad (NH) until its bankruptcy in 1935.
Stephen J. Stilwell was an American lawyer and politician from New York.
This is a list of the National Register of Historic Places listings in southern Westchester County, New York, excluding the cities of New Rochelle and Yonkers, which have separate lists of their own.
There are numerous nationally and locally designated historic sites and attractions in Westchester County. These include architecturally significant manors and estates, churches, cemeteries, farmhouses, African-American heritage sites, and underground railroad depots and waystations. There are sites from pre-Revolutionary and Revolutionary times, as well as battlegrounds. Westchester County also played an important role in the development of the modern suburb, and there are many associated heritage sites and museums.
The term sixth borough is used to describe any of a number of places that are not politically within the borders of any of the five boroughs of New York City but have been referred to as a metaphorical part of the city by virtue of their geographic location, demographic composition, special affiliation with New York City, or cosmopolitan character. They include adjacent cities and counties in the New York metropolitan area as well as in other states, U.S. territories, and foreign countries.
Grinton Ingham Will was an American library director of the Yonkers Public Library.
The National Bank of Commerce in New York was a national bank headquartered in New York City that merged into the Guaranty Trust Company of New York.
References
↑ "County Corporations". The Yonkers Herald. Yonkers, New York. March 5, 1903. p.4. Retrieved January 11, 2022.
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