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The Cambridge of eighteen hundred and ninety-six: a picture of the city and its industries fifty years after its incorporation (ed. Arthur Gilman) 2 0 Browse Search
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The Cambridge of eighteen hundred and ninety-six: a picture of the city and its industries fifty years after its incorporation (ed. Arthur Gilman), Financial and manufacturing. (search)
still holds the office of president. The bank is located on Cambridge Street, East Cambridge, and is very successful. Its capital is $100,000, and February 28, 1896, it reported a surplus fund and undivided profits of $82,090, and deposits of $183,598. National city Bank National city Bank was organized May 30, 1853, under the name of the Cambridge City Bank, with Samuel P. Heywood, Eliphalet Davis, John Livermore, George W. Whittemore, Henry M. Chamberlain, George T. Gale, and William P. Fiske as directors. Mr. Heywood was chosen president temporarily, but he resigned June 9, 1853, and John Livermore was elected in his place. Mr. Livermore is the only one of the original board of directors now living. Edward Richardson was elected cashier. The bank began business in the building then known as the Cambridge Athenaeum, now occupied by the Prospect Union. In 1865 the bank was reorganized as a national bank, and in 1885 its charter was extended. The bank was afterward move