When was Merchants National Corporation formed?
Merchants National Corporation
To allow it to acquire other banks and other financial related businesses, Merchants National Bank & Trust Company formed a holding company called Merchants National Corporation in January 1972.
Merchants' National Bank Building (1895), Baltimore
It burnt down 9 years later, a victim of the Great Baltimore Fire of 1904. Almost the entire interior was destroyed, except for the banking rooms on the first floor. The bank then decided to make its headquarters a two-story building, which it remained for almost 80 years.
Merchants National Bank
Merchants National Bank may refer to:
Maritime history of the United States (1776–99)
After word reached Boston of this courageous feat, the Continental Congress and the various colonies issued Letters of Marque to privately owned, armed merchant ships known as privateers, which were outfitted as warships to prey on enemy merchant ships. They interrupted the British supply chain all along the eastern seaboard of the United States and across the Atlantic Ocean and the Merchant Marine's role in war began. This predates both the United States Coast Guard (1790) and the United States Navy (1797).
Merchants Insurance Group
Merchants Insurance Group comprises three companies: Merchants Mutual Insurance Company, Merchants Preferred Insurance Company, and Merchants National Insurance Company. Merchants Preferred commenced business in 2007 to rebuild and expand its preferred-risk business after the sale of a like subsidiary, and Merchants National commenced business in 2009. Each of the Merchants companies are rated "A-" (Excellent) by the A.M. Best Company.
Bert M. Roddy
Bert Maynard Roddy (born August 19, 1886 - died 1963) founded a chain of grocery stores and was the first African American owner of a grocery store chain in Memphis, Tennessee. He was involved in the Lincoln League. He was born in Augusta, Arkansas August 19, 1886. His parents were Jerry and Harriette McKenny Roddy. After his family moved to Memphis he attended LeMoyne Normal School. He cofounded the Coloured Citizens Association, was an organizer of a theater, cofounded a restaurant, organized and was the first president of the Memphis NAACP chapter, and was involved in various African American civic and business groups.
Merchants National Corporation
In April 1988, Merchants National Corporation announced the pending acquisition of the Batesville-based Batesville State Bank for an undisclosed amount.
China Merchants Group
China Merchants Group (招商局集团, "Zhaoshangju Jituan") is a state-owned corporation of People's Republic of China. It is the major shareholder of China Merchants Holdings (International) (55.4%) as well as China Merchants Bank (18%). The company's headquarters are located on the top floor of China Merchants Tower, Shun Tak Centre, Hong Kong.
Mercantilism
France imposed its mercantilist philosophy on its colonies in North America, especially New France. It sought to derive the maximum material benefit from the colony, for the homeland, with a minimum of imperial investment in the colony itself. The ideology was embodied in New France through the establishment under Royal Charter of a number of corporate trading monopolies including La Compagnie des Marchands, which operated from 1613 to 1621, and the Compagnie de Montmorency, from that date until 1627. It was in turn replaced by La Compagnie des Cent-Associés, created in 1627 by King Louis XIII, and the Communauté des habitants in 1643. These were the first corporations to operate in what is now Canada.
Merchants Fund
The Merchants Fund
Merchant's Hope
Merchant's Hope was the name of a plantation and church established in the Virginia Colony in the 17th century. It was also the name of an English sailing ship, "Merchant's Hope", which plied the Atlantic bringing emigrants to Virginia in the early 17th-century. The "Merchant's Hope" was owned by a man named William Barker who was a wealthy English merchant and mariner who patented land in Virginia.
Merchants National Corporation
In November 1985, Merchants National Corporation announced the pending acquisition of the Carmel-based US Bancorp with its Union State Bank subsidiary that was already controlled by the Frenzel family. The acquisition was completed in November 1986.
C. R. Mabley
Christopher Richards Mabley (1836–1885) was the founder of a chain of department stores in the USA. He was known as "The Merchant Prince".
Merck Group
The American pharmaceutical company Merck & Co. was established as a subsidiary of Merck in 1891, but was nationalized by the United States in 1917, before being privatized again when George W. Merck purchased back the stock in 1919. It is known as MSD ("Merck Sharp and Dohme") outside of North America. The original Merck of Darmstadt holds the rights to the name Merck in all countries except the U.S. and Canada, where it is known as EMD ("Emanuel Merck, Darmstadt"). In 2015 Merck adopted a new uniform brand identity for all its subsidiaries, and the company has stressed its intention to protect the brand of "the real Merck" globally and initiated litigation against its former subsidiary over use of the name.
Merchants National Corporation
From the mid-1950s through the late 1980s, Merchants National Bank and Trust, along with American Fletcher National Bank and Indiana National Bank, was one of the top three largest banks within Indianapolis and its holding company, Merchants National Corporation, was one of the top three largest bank holding companies within the state, along with American Fletcher Corporation and Indiana National Corporation (later named INB Financial Corporation).
Merchants of the Staple
The Company of Merchants of the Staple of England, the Merchants of the Staple, also known as the Merchant Staplers, is an English company incorporated by Royal Charter in 1319 (and so the oldest mercantile corporation in England) dealing in wool, skins, lead and tin which controlled the export of wool to the continent during the late medieval period. The company of the staple may perhaps trace its ancestry back as far as 1282 or even further.
CBI Bank &amp; Trust
During the intervening years, this dual-bank organization continued to grow. There were a couple of name changes along the way: in 1886, Merchants National became the First National Bank of Muscatine (no relationship to the present-day entity of the same name), and in 1907, Muscatine Savings Bank changed its name to the First Trust and Savings Bank of Muscatine. The year 1933 brought a combining of banking interests into a single operating unit, a new state charter, and a change in name to Central State Bank.
Merchants National Corporation
In September 1985, Merchants National Corporation announced the pending acquisition of the Greenfield-based Hancock Bancshares with its Hancock Bank & Trust Company subsidiary for $9.5 million in stock for the remaining 83% it did not owned after purchasing 17% of the firm in July. The acquisition was completed in April 1986.
Amasa Stone
Stone helped reorganize the Commercial Bank on March 1, 1865, after its initial 20-year charter expired. Rechartered as the Commercial National Bank, Stone was elected a director of the bank and in 1879 served as its vice president. Stone was also a director of the Bank of Commerce (although just when he became a director is not clear). He was elected president of the bank in 1873, but resigned in late 1874 and was replaced by Hiram Garretson. He was also a director of the Merchants Bank (although the dates of his service are not clear).
Merchant Shipbuilding Corporation
The Merchant Shipbuilding Corporation launched its first ship, a freighter named "Sudbury", at the Chester yard on 29 September 1917, and delivered it to the USSB on May 5, 1918. In spite of the company's best efforts however, only four ships of the 68 ordered by the USSB were delivered before the end of hostilities—one freighter and three tankers, all built at the Chester yard. The Chester yard also received a contract from the U.S. Navy for the construction of four minesweepers, but the first of these was also only delivered a few weeks after the war.
Company of Merchant Adventurers to New Lands
The Company of Merchant Adventurers to New Lands was an early joint stock association, which began with private exploration and enterprise, and was to have been incorporated by King Edward VI in 1553, but received its full Royal Charter in 1555. It led to the commencement of English trade with Russia, Persia and elsewhere, and became known informally, and later formally, as the Muscovy Company.
Sinotrans Limited
The company was incorporated in 2002 and listed on the Hong Kong Stock Exchange in 2003 as a vehicle for the core business, assets and staff of the state-owned China National Foreign Trade Transportation (Group) Corporation. In 2009 the company was reorganised together with the China Changjiang National Shipping (Group) Corporation (CSC) to form Sinotrans&CSC Holdings. A strategic merger of this new company together with China Merchants Group received approval from the State Council of the People's Republic of China in December 2015, and by April 2017 Sinotrans Limited (and its former subsidiary Sinotrans Shipping) had become direct subsidiaries of China Merchants Group..
Mechanics National Bank
In 1821, the 20-year-old George D. Rosengarten was called in to mediate a dispute between two business partners, Seitler, a Frenchman who spoke only French and Zeitler, a German who spoke only German. Rosengarten, a German immigrant who was fluent in both (as well as English), was so helpful that they took him on as a partner and within two years he had become the sole owner of the company. The business began to prosper after he took on another partner, NFH Denis, a French chemist who was an expert in processing the malaria drug quinine, which financed the company's expansion. Its products won numerous awards from the Franklin Institute and by 1862 it was selling more than 350 different chemicals and was the main provider of quinine to the Union Army.
Frederick Lennig (director)
Chemical Manufacturer
Another German, Nicholas Lennig established the Tacony Chemical Works in 1831 but died soon after. His son, Charles, and nephew Frederick Lennig (a Mechanics' Bank director) inherited the factory. At the Centennial Exposition in 1876, they were awarded a medal "for the products exhibited coming from the distillation of wood, for metallic salts and especially for the careful manufacture of sulphate of alumina and alum".
Yuan Geng
Transport Minister Ye Fei asked Yuan Geng to direct his attention to the China Merchants Steam Navigation Company in Hong Kong, a Qing Dynasty-era commercial enterprise which the PRC government regime had taken over in 1949 and kept in operation. Based on his in-depth knowledge of Hong Kong, Yuan Geng became convinced of the immense potential for market-led economic development on the mainland. His report on how to make better use of China Merchants was forwarded by the Transports Ministry to the State Council on 9 October 1978, recommending opening up the mainland economy to the international market using China Merchants as an instrument. This proposal was approved after three days.
Merchant's Tire and Auto
Founded in 1943, the Merchant family from Manassas, VA owned and operated the first retail stores for Merchant's Tire and Auto. Over the next decades, the company expanded along the East Coast. In the year 2003, Tire Kingdom purchased National Tire & Battery (NTB) and Merchant's Tire & Automotive Service.
African Company of Merchants
The African Company of Merchants or Company of Merchants Trading to Africa was a British Chartered Company operating from 1752 to 1821 in the Gold Coast area of modern Ghana. This coastal area was dominated by the indigenous Fante people. It was established by the African Company Act 1750, and in 1752 replaced the Royal African Company. The latter had been established in 1660.
United States Merchant Marine
The first wartime role of an identifiable United States Merchant Marine took place on June 12, 1775, in and around Machias, Massachusetts. A group of citizens, hearing the news from Concord and Lexington, captured the British schooner HMS "Margaretta." The citizens, in need of critical supplies, were given an ultimatum: either load the ships with lumber to build British barracks in Boston, or go hungry. They chose to fight.
Merchants' National Bank Building (1895), Baltimore
Merchants consolidated with the Mechanics NB of Baltimore in 1912 and consolidated at the Mechanics' location. This property was then surplused and sold to Baltimore insurance company USF&G, which kept it till the 1970s. Baltimore Federal Savings & Loan bought the property in 1977, and in 1982 erected a new 17 story Postmodern style building, spanning the entire block between Water and East Lombard, South and Commerce Streets. The original two story building was preserved as a historic facade. The construction cost was approximately $20 million. The architect was Donald N. Coupard Associates (now DNC Architects), and Whiting-Turner was the general contractor.
MBNA
MBNA Corporation was a bank holding company and parent company of wholly owned subsidiary MBNA America Bank, N.A., headquartered in Wilmington, Delaware, prior to being acquired by Bank of America in 2006. In December 2016, UK-based Lloyds Banking Group purchased MBNA from Bank of America for £1.9 billion. It was the world's largest independent credit card issuer, specializing in affinity cards. MBNA was founded in 1982 as Maryland Bank, N.A., a subsidiary of Maryland National Bank. The letters "N.A." stood for "National Association". In 1989, Maryland Bank was renamed MBNA America Bank. MBNA Corp. spun off from Maryland National and became an independent company in 1991. Maryland National was acquired by NationsBank in 1993.
Company of Merchant Adventurers to New Lands
In 1555 the Company received its formal royal approbation in a Charter of Incorporation issued under the date 6 February 1554/5 (but long afterwards amended to 26 February) by King Philip and Queen Mary, of which the full name was "The Marchants Adventurers of England for the Discovery of Lands, Territories, Iles, Dominions and Seigniories Unknowen, and Not before that Late Adventure or Enterprise by Sea or Navigation Commonly Frequented" as one body and perpetual Fellowship and Commonalty. The promoters of this Charter are headed by William Marquess of Winchester (Lord high Treasurer), Henry Earl of Arundel (Lord Steward of the Household), John Earl of Bedford (Lord Keeper of the Privy Seal), William Earl of Pembroke, and William Lord Howard of Effingham (Lord high Admiral of England), who with others "Haue at their own aduenture, costs and charges, prouided, rigged and tackled certaine ships, pinnesses and other meete vessels, and the same furnished with all things necessary haue advanced and set forward, for to discouer, descrie, and find, Isles..." (etc.)
Indian Merchants' Chamber
Indian Merchants’ Chamber, established on 7 September 1907 in Mumbai, is an organization of India, representing interests of Indian trade, commerce, and industry. It was organized originally during the days of the British Raj to promote trade, commerce, and industry by Indian entrepreneurs.
Merchant's House
Edward Row and Co. initially occupied No. 47, and then expanded into No. 45 in 1876, and by 1882 they had also taken over the residence. Row is listed as a wholesaling and manufacturing chemist.
Little is known of the firm Edward Row apart from their products. Their earlier offices mentioned in advertisements are in King Street and Bank Court, Sydney, and the proprietors were John and Edward Row. One advertisement quotes them as being established in 1820. As a wholesaling and manufacturing chemist it is likely that Row produced their own and on-sold other manufacturers' products, possibly taking in bulk volumes and packaging it for the colonial market.
Mercantile National Bank Building
The Mercantile National Bank Building (known colloquially as The Merc) is a 31-story, skyscraper at 1700 Main Street in the Main Street district of downtown Dallas, Texas. It is the former home of the Mercantile National Bank, which later became MCorp Bank. The design of the skyscraper features Moderne styling from the Art Deco era and was designed by Walter W. Ahlschlager. The building has a series of setbacks that is crowned by an ornamental four-sided clock along with a decorative weather spire. The Merc was the main element of a four-building complex that eventually spanned a full city block.
Citizens National Bank (Laurel, Maryland)
Citizens National Bank was founded on July 11, 1890 in Laurel, Maryland as Citizens National Bank of Laurel. The bank's founder and first president was Charles H. Stanley. On April 1, 1965, it was renamed to Citizens National Bank after merging with The Central Bank of Howard County.
Company of Merchant Adventurers to New Lands
The Company was formed in London in about 1551 by Richard Chancellor, Sebastian Cabot and Sir Hugh Willoughby. Some 240 "adventurers" (investors) purchased shares at £25 each and a royal charter was prepared for their company under King Edward in 1553, making Sebastian Cabot its Governor. However the King died before it could receive the Seal. The circumstances are described at the opening of the Charter of 1566: "divers very good Subiects of this Realme of England in the latter end of the reigne of the late right high and mightie prince our Soueraigne Lord king Edward the sixt, at the gracious incouragement and right good liking of the said king, and by his Maiesties liberall example, did at their aduenture, and to their exceeding great charges, and for the glory of God, the honor and increase of the reuenues of the Crowne, and the common vtilitie of the whole Realme of England, set forth three ships for the discoverie by sea, of Iles, lands, territories, dominions and Seigniories vnknowen, and by the Subiects of the sayd late king not commonly by seas frequented: and after that Almightie God [...] called to his mercie the said king, who died before the finishing and sealing of his most ample and gracious letters of priuiledges promised to the sayd Subiects..."
Merchants National Corporation
In August 1986, Merchants National Corporation announced the pending acquisition of the Connersville-based Fayette Bancorp with its Fayette Bank and Trust Company subsidiary for an undisclosed amount. The acquisition was completed in May 1987.
Merchant navy
Canada, like several other Commonwealth nations, created its own merchant navy in a large-scale effort in World War II. Established in 1939, the Canadian Merchant Navy played a major role in the Battle of the Atlantic bolstering the Allies' merchant fleet due to high losses in the British Merchant Navy.
Merchant Shipbuilding Corporation
The Merchant Shipbuilding Corporation (abbreviated MSC) was an American corporation established in 1917 by railroad heir W. Averell Harriman to build merchant ships for the Allied war effort in World War I. The MSC operated two shipyards: the former shipyard of John Roach & Sons at Chester, Pennsylvania, and a second, newly established emergency yard at Bristol, Pennsylvania, operated by the MSC on behalf of the U.S. Shipping Board's Emergency Fleet Corporation (EFC).
Society of Merchant Venturers
The society can be traced back to a 13th century guild which funded the voyage of John Cabot to Canada that marked the origins of the British Empire. The society its first Royal Charter in 1552 and for centuries had almost been synonymous with the government of Bristol, especially Bristol Harbour. In recent times, the society's activities have centred on charitable agendas.
Manufacturers Hanover Corporation
Manufacturers Hanover traces its origins to the 1905 founding of Citizens Trust Company of Brooklyn. Through a series of acquisitions, the bank would grow into one of New York's largest banks within its first twenty years. Citizens Trust's first major acquisitions came with its mergers with the Broadway Bank of Brooklyn in 1912 and then two years later with the Manufacturers National Bank of Brooklyn (1914). In 1915, the bank adopted the older "Manufacturers" name, changing its name to the Manufacturers Trust Company. The "Manufacturers" name had been in use since 1858, when the Mechanics' Bank of Williamsburgh (founded 1853) was renamed the Manufacturers National Bank. Coincidentally, Manufacturers Trust Company had also been the name of a Brooklyn-based bank, founded in 1896 and acquired in 1902 by the Title Guarantee and Trust Company, another Brooklyn bank.
Merchants' National Bank Building (1895), Baltimore
The 1895 Merchants' National Bank Building facade is a historic district contributing property, within the Baltimore Business and Government Historic District, which was listed on the National Register of Historic Places in 1987.
Merchants Fund
History of Philadelphia
China Merchants Shenzhen Xunlong Shipping Co. Ltd
Established in November, 1993 and commenced commercial operations in October, 1995.
Merchants Fund
Richard Wood
Merchants Fund
Simon Muhr
Merchants Fund
Isaac H. Clothier & Justus C. Strawbridge
Merchants National Bank Building
The Merchants National Bank Building is a two-story, red brick building in Lehigh, Oklahoma, located at the southwest corner of Main Street and Railway Street. It was one of two banks that served Lehigh during the town's mining boom. It is listed on the National Register of Historic Places. It is historically significant because it represents the economic growth and decline of Lehigh and exemplifies Late Victorian Renaissance architecture.
National Bank of Malawi
National Bank of Malawi traces its history from the 1890s when African Lakes Corporation established banking business in Nyasaland. In 1918, the National Bank of South Africa (now First National Bank) acquired the banking business of African Lakes Corporation in the colony. In 1925, National Bank of South Africa was merged with the "Anglo-Egyptian Bank" and the "Colonial Bank" in 1925 to form Barclays Bank (Dominion, Colonial and Overseas). Barclays thus inherited the National Bank of South Africa's business in the colony.
National City Corp.
In October 1991, National City Corp. announced that it was acquiring the Indianapolis-based Merchants National Corporation with its lead bank Merchants National Bank and Trust Company of Indianapolis and 14 other banks for $604 million in stock. The acquisition was completed in May 1992.
Walchand Hirachand
Walchand was one of the founder members of Maharashtra Chamber of Commerce, Industry & Agriculture and served as its President for eleven consecutive years from 1927–38. Walchand was also the founder of Indian National Shipowners' Association, which was founded in 1929 and served as its President for 19 consecutive years from 1929–48. He also helped launch of Indian Sugar Mills Association and the Indian Sugar Syndicate. He served as President of Indian Mechants' Chamber for years 1927–28. Also Walchand founded Deccan Sugar Factories Association and Deccan Sugar Technologists Association, whose first President was made his younger brother Lalchand and was also force behind institutions like Association of Indian Automobiles Manufacturers, the Automotive Research Association of India.
Company of Merchant Adventurers
The Company of Merchant Adventurers usually refers to the 
Company of Merchant Adventurers of London, founded in 1407 and London's leading guild of overseas merchants.
Merchant's House
Martyn and Combes erected the Merchant's House by September 1848. They were described as 'newly erected stone built premises, situate in George-street North, opposite Messrs. Campbell's, consisting of a commodious dwelling house and spacious stores, replete with every convenience'. It was noted as having stone walls, three floors, a slate roof and a frontage onto George Street.
Merchant Hall
It was built in 1868 by Richard Shackleton Pope, Thomas Pope and John Bindon and converted after World War II for the Society of Merchant Venturers, whose original hall in central Bristol was destroyed during the Bristol Blitz.
Barclays Bank Mauritius
An ancestor of Barclays Bank, National Bank of South Africa, first entered Mauritius in 1919. In 1925, National Bank of South Africa was merged with the "Anglo-Egyptian Bank" and the "Colonial Bank" in 1925 to form Barclays Bank (Dominion, Colonial and Overseas). This brought the Mauritian operations under Barclays Bank. Since then, Barclays Bank Mauritius has grown to be the third largest bank in Mauritius, after Mauritius Commercial Bank and State Bank of Mauritius, with 25 branches and a market share of about 10-12%.
Merchants Club
The Merchants Club was a predecessor club to The Commercial Club of Chicago. It was organized in Chicago in 1896. It merged with the Commercial Club in 1907. Its leaders included Charles G. Dawes, Frederic A. Delano, and Charles H. Wacker. It was responsible for commissioning Daniel Burnham's Plan of Chicago (1909), also known as Burnham's plan.
Tengku Razaleigh Hamzah
PERNAS (Perbadanan Nasional Berhad or National Corporation) was set up in November 1969 as a wholly owned government company to carry out the resolutions at the Second Bumiputera Economic Congress. Among the major shareholders included were Malaysia's Ministry of Finance, Bank Negara Malaysia (The Central Bank of Malaysia) and Bank Bumiputera Malaysia Berhad. Pernas was put under a solid footing under the chairmanship of Razaleigh (1970–1974) who had been the Minister of Finance from 1976 to 1984.
Merchants Fund
George Stanley Woodward
Sovran Bank
Merchants National Bank merged with First National February 27, 1926, at which time the bank became First & Merchants Bank.
Robert L. Thornton
Thornton grew up with some schooling, but spent many of his early years working - first as a cotton picker, then as a store clerk and later as a traveling salesman. In 1916, Thornton founded Stiles, Thornton and Lund, a banking company, called the Mercantile National Bank, serving as its president through 1947. In 1942, Thornton saw the completion of the bank's headquarters, the Mercantile Bank Building. By 1917, the company organized the Dallas County State Bank which became one of the national banks during the Great Depression.
Religious symbolism in the United States military
The United States Merchant Marine is a civilian auxiliary of the United States Navy, but in accordance with the Merchant Marine Act of 1936 its members are considered military personnel during times of war when the merchant marine comes under the navy. Until World War I, merchant mariners did not wear uniforms, but they were introduced in 1919, because "young Americans now entering the merchant service have more regards for themselves and their job when wearing a uniform, and that the merchant sailor commands greater respect when ashore, either at home or in foreign ports, if in uniform. The uniform introduced in 1919 was based on U.S. Navy uniforms with enough differences to distinguish between the two services, including wreaths for officers on cap and sleeve insignia and shoulder boards. Chaplain insignia with the wreaths were created around 1943, at a time when merchant marine officers were drawn from the civilian population, including many retired coast guard and navy officers.
Today, when active-duty Navy chaplains serve with the USMM, such as the two stationed at the United States Merchant Marine Academy, they wear standard navy uniforms and insignia
History of the United States Merchant Marine
The maritime history of the United States goes back to the first successful English colony was established in 1607, on the James River at Jamestown. It languished for decades until a new wave of settlers arrived in the late 17th century and set up commercial agriculture based on exports of tobacco to England. Settlers brought horses, cattle, sheep and hogs as well as tools and the current technology to the Americas. From the very first days of the founding of the North American colonies shipbuilding was naturally one of the industries that chiefly engaged the attention of the colonists. At the time of the breaking out of the American Revolution and for a long time afterwards more of the people in New England were actually engaged in shipbuilding and ship sailing than in agriculture, even in spite of the restrictions imposed on the building of ships in the English colonies. The statement is made that at one time during this period Massachusetts was estimated to have one vessel for every hundred of its inhabitants. One out of every four signers of the Declaration of Independence was a shipowner or had been a ship captain.
First Merchants Corporation
First Merchants Bank was originally known as the Merchants National Bank of Muncie, Indiana, and it was organized during the Panic of 1893 by a group of service-minded businessmen who recognized a need in their community and acted to fulfill that need. Spearheaded by Hardin Roads, a former successful wholesale grocer, the enterprising men invested capital of $100,000. This was the only time it was necessary to raise capital through outside sources.
Hyatt Regency Indianapolis
As a result, if Merchants National's acquisition by the Ohio-based National City Corporation in 1992, Merchants Plaza was renamed National City Center in August 1995 to reflect the name of the new bank owner. National City Center served as the new bank's Indiana regional headquarters. The building was later renamed PNC Center in 2010 after National City's acquisition by 'PNC.
Merchants Fund
Henry H. Houston
Farmers and Merchants Bank of Western Pennsylvania
Farmers and Merchants Bank was the result of the Merchants National Bank of Kittanning and the Farmers National Bank of Kittanning merging in 2008. Merchants National Bank was the surviving company. Merchants National Bank has operated for 110 years and Farmers National Bank has operated for 123 years. At the time of the merger, Farmers National Bank of Kittanning was the only bank in Kittanning operating under its original charter. Until 1920, the Farmers National Bank printed its own money. In 1999, Merchants National Bank started to offer its online banking service (Net Banker) to its customers.
Merchants Fund
Elliott Cresson
Merchants' National Bank Building (1895), Baltimore
When the 7 story Merchants National Bank Building was completed in 1895 the Baltimore sun called it "a splendid building" and a fine addition to the many recent handsome office buildings erected in Baltimore. Optimistically, the Sun article also mentioned that the steel frame encased in brick masonry with granite facing on the outside made the structure "fire-proof throughout".
History of the United States Merchant Marine
Joseph P. Kennedy named head of Maritime Commission Merchant Marine Act in 1937. On 15 October 1938 the Seafarer's International Union was chartered.
History of the United States Merchant Marine
Although tangential to American maritime history, 1799 saw the fall of a colossus of the world's maritime history. The Dutch East India Company, established on March 20, 1602, when the Estates-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia, formerly the world's largest company, became bankrupt, partly due to the rise of competitive free trade.
Merchants National Corporation
In July 1988, Merchants National Corporation announced the pending acquisition of the East Chicago-based Riley Corporation with its First National Bank of East Chicago subsidiary for an undisclosed amount. The acquisition was completed in November 1988.
Merchants National Corporation
In December 1986, Merchants National Corporation announced the pending acquisition of the Madison-based Ohio Valley Bancorp with its Madison Bank & Trust Company subsidiary for an undisclosed amount. The acquisition was completed in September 1987. After National City acquired Merchants National, National City never merged Madison Bank & Trust into National City but decided the divest the bank 14 years later after determining that this bank did not fit with in with the rest of the company. National City eventually sold Madison Bank & Trust to MainSource Financial Group in 2005 for an undisclosed amount.
Merchants Fund
Anthony Joseph Drexel
United States Merchant Marine Academy
Congress passed the landmark Merchant Marine Act in 1936, and two years later, the U.S. Merchant Marine Cadet Corps was established. In that year, the USTS "Nantucket" (ex-USS "Ranger") was transferred from the Massachusetts Maritime Academy to Kings Point and renamed the USTS "Emory Rice". The first training was given at temporary facilities until the academy's permanent site in Kings Point, New York was acquired in early 1942. The Kings Point campus was originally Walter Chrysler's twelve-acre waterfront estate, named "Forker House" (now known as the USMMA's Wiley Hall). Construction of the academy began immediately, and 15 months later the task was virtually completed. The academy was dedicated on 30 September 1943, by President Franklin D. Roosevelt, who noted "the Academy serves the Merchant Marine as West Point serves the Army and Annapolis the Navy."
Merchants National Corporation
In March 1986, Merchants National Corporation announced the pending acquisition of the Seymour-based Mid-Southern Indiana Bancorp with its Seymour National Bank subsidiary for an undisclosed amount. The acquisition was completed in December 1986. This was Merchants first move outside the immediate area surrounding Marion County.
Sailor
Merchant seamen have gone on to make their mark on the world in a number of interesting ways. Traian Băsescu, who started his career as a third mate in 1976 is now the President of Romania. Arthur Phillip joined the Merchant Navy in 1751 and 37 years later founded the city of Sydney, Australia. Merchant mariner Douglass North went from seaman to navigator to winner of the 1993 Nobel Prize in Economics. Jimmy Carter went on to become the 39th President of the United States after service in the US Navy.
Merchants Distributors, Inc.
Around 1920, A.C. Kelly took over Merchants Produce Company of Hickory, a wholesale fruit and produce company. In 1931, Moses George, a Shelby, North Carolina grocer, bought Merchants Produce for $17,000 and began running it with his sons Alex and G.L. George. Merchants Produce took advantage of the trend away from "mom-and-pop" grocery stores, as chain stores became common. In 1938 the name changed to Merchants Produce and Grocery as the company became an important distributor of merchandise to the independent stores in North and South Carolina. After Moses George died in 1947, his sons Alex and Lee took over the business, along with daughter Josephine. The name changed to Merchants Distributors Inc. or MDI in 1956. By 1960, MDI had over 130 employees and supplied 400 grocery stores within 150 miles. Alex George was president, and the company added a $1 million, four-acre facility on Twelfth Street. In 1965, MDI began selling to schools and eventually merged its MDI Foodservice with James Wholesale Company, also in Hickory, forming Institution Food House (IFH), with Lee George as president. Norman James was vice president; after his death, the Lee brothers bought his share of the company and made IFH a subsidiary of MDI. Lee George retired in 1980 but remained chairman.
In 1984, MDI bought the Lowes Foods chain of supermarkets.
Container Corporation of America
Container Corporation of America (CCA) was founded in 1926 and manufactured corrugated boxes. In 1968 CCA merged with Montgomery Ward & Company, Inc., becoming MARCOR. MARCOR maintained separate management for the operations of each company, but had a joint board of directors. In 1986, Mobil Corporation, which had bought MARCOR in the early 1970s, sold the CCA company to the Jefferson Smurfit Corporation, which merged with the Stone Container Corporation in 1998 to become part of the Smurfit-Stone Container Corporation.
MBNA
MBNA was founded in 1982 by a group of MNC Financial (regional bank holding company headquartered in Baltimore, Maryland) executives headed by Charles Cawley. Its first office was housed in a converted old A&P (Great Atlantic & Pacific Tea Company) food supermarket in Ogletown, Delaware. Until his death, Cleveland Browns owner Al Lerner served as Chairman of the Board.
Merchants' National Bank Building (1895), Baltimore
The Merchants' National Bank Building (1895), Baltimore was a historic bank building at 301 Water Street, at the corner of South Street, in Baltimore, Maryland. It was a 7-story, Renaissance Revival style building designed by the Baltimore-based architectural firm of Baldwin & Pennington, and constructed in 1893-1895. Johns Hopkins, a Baltimore businessman, abolitionist, and philanthropist, had been president of the bank from 1853 until his death in 1873.
Merchant Company of Edinburgh
The Royal Company of Merchants of the City of Edinburgh, also known as the Merchant Company of Edinburgh or just the Merchant Company, is a company or society with a Royal Charter from 1681, but dating back to at least 1260. The Company or Confraternity was created to protect trading rights of the merchants of the City of Edinburgh. It also carries out a significant amount of charitable and educational work. Along with the Incorporated Trades it is one of the Guilds of the City of Edinburgh. The company historically formed part of the now defunct Corporation of the City of Edinburgh.
China Merchants Bank
China Merchants Bank (CMB) ( , ) is a Chinese bank headquartered in Futian District, Shenzhen, Guangdong, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities in China.
Citizens Republic Bancorp
Citizens National Bank was established in 1871 at the height of Flint's great lumber industry. Citizens National Bank played a key role in the development of the auto industry in this country. General Motors founder William C. Durant acknowledged that a loan he and partner J. Dallas Dort received from Citizens in 1886 enabled him to start his vehicle manufacturing company now known as General Motors.
China Changjiang National Shipping (Group) Corporation
In 2009 the company was reorganised together with the (also [state-owned]) China National Foreign Trade Transportation (Group) Corporation (Sinotrans) to form Sinotrans&CSC Holdings. A strategic merger of this new company together with China Merchants Group received approval from the State Council of the People's Republic of China in December 2015, and by April 2017 Sinotrans Limited (and its former subsidiary Sinotrans Shipping) had become direct subsidiaries of China Merchants Group.
Merchants National Bank Building
The coal boom ended in the 1910s, as railroads switched to cheaper fuel oil to power their trains. In the early 1920s, the railroads closed their mines in Lehigh. Declining crop prices and damage to the cotton crop from boll weevils further weakened the economy. The Merchants National Bank closed in 1923. The building subsequently housed a grocery store. Many of the other buildings on main street were abandoned. As part of New Deal projects during the Great Depression, most of the abandoned buildings on Main Street were torn down. During World War II, there was again a demand for coal in the area, and many of the town's buildings were torn down or moved so the ground underneath them could be readily mined.
Crane Merchandising Systems
During World War II, National Vendors took part in the war effort by producing mortar ammunitions casings. After the war, the company returned to the demand for convenient cigarette, candy and pastry vendors. In 1956, National Vendors was acquired by the Universal Match Company, allowing National Vendors to introduce several new products. In 1967, National Vendors introduced its first full line of automatic merchandising equipment. CMS was acquired by Crane Corporation in 1985, and became Crane National Vendors.
29th New York State Legislature
In 1805, the 28th Legislature had chartered the Merchant's Bank of New York which had been founded by Federalists in competition to the Democratic-Republican Bank of the Manhattan Company. The Democratic-Republican majority of the 27th Legislature had not only refused to grant a charter, but actually ordered the Merchant's Bank to shut down by May 1805. During the next session, the bank bribed enough legislators to have the charter approved, although the Democratic-Republican leaders advocated strongly against it. Gov. Morgan Lewis spoke out in favor of granting the charter what was resented by the party leaders DeWitt Clinton and Ambrose Spencer, and soon led to the split of the party into "Lewisites" and "Clintonians".
Merchants Transportation Company
Merchants Transportation Company was formed in 1905 by F.H. Marvin, A.W. Sterrett, F.H. Wilhelmi, and Capt. Robert McCullough, of Tacoma, and in that year purchased the steam freighter T.W. Lake from Puget Sound Navigation Co.. The company later acquired the passenger steamboat "Sentinel" and "Anna E. Fay", a former Yukon River steam tug which the company had rebuilt into the freighter "A.W. Sterrett".
Merchants Fund
Philadelphia Department of Commerce
Merchants Transportation Company
In 1907 a union movement was growing among the crews of Puget Sound steam vessels, particularly among the engineers, who had formed the Marine Engineers Beneficial Organization. The shipping companies had scheduled a pay decrease to go into effect on January 10, 1907. The engineering association determined to fight this, and threatened to strike. In response, the shipping companies formed a formal association to negotiate with the engineers. F.H. Marvin was the delegate from the Merchants Transportation Company, and was on the board of the directors of the company association and also on the committee to negotiate with the engineers. Two days before the strike was to go into effect, an agreement was reached with the engineers to receive a 10% raise rather than a pay cut.
National City acquisition by PNC
Both PNC and National City's corporate histories date to the mid-19th century. National City was founded as the City Bank of Cleveland in 1845, while PNC was founded in longtime Cleveland rival, Pittsburgh, as the Pittsburgh Trust and Savings Company, in 1852. Both banks would later receive national charters under the National Banking Act, with National City being able to print U.S. currency until the United States Treasury assumed operations in the 1920s. Both would have strong bases in their home markets, although PNC would until the 1980s be dwarfed in Pittsburgh by Mellon Bank (now The Bank of New York Mellon) and the massive influence of the Mellon family.
Merchants Insurance Group
In the late 1930s and early 1940s, the company name was Merchants Mutual Casualty Company. In February 1957, Merchants began to offer both casualty insurance and property insurance and changed its name to Merchants Mutual Insurance Company to reflect this development. In the 1960s the company moved into its current headquarters, a five-story office building located on Main Street in Buffalo.
Barnes and Thornburg Building
For nearly 70 years, Merchants National Bank and later Merchants National Corporation had used the building as its headquarters from 1908 until the completion of Merchants Plaza in June 1977.
MerchantCircle
Former CEO Ben T. Smith, IV co-founded the company in 2005. MerchantCircle was recognized as "Newcomer of the Year" by "AlwaysOn Media" in 2007, and was ranked as the fifth-largest local directory site and one of the top 160 sites in the U.S. by a Quantcast study in 2009. The MerchantCircle network signed on its one-millionth member merchant in early 2010, and expanded internationally to Australia, Canada and the United Kingdom.
Merchants Despatch
The Merchants Despatch Transportation Company (MDT, also known as the Merchants Despatch Refrigerator Line) was established in 1857 or 1858 by the American Express Company of New York (then a freight forwarding service). The entity was reformed as a joint stock trading company on June 1, 1869, with ownership divided among the Cleveland, Columbus, Cincinnati and Indianapolis Railway (CCC&I), the Lake Shore and Michigan Southern Railway, and the New York Central Railroad (NYC), all part of the Cornelius Vanderbilt rail empire.
Merchants National Corporation
In July 1985, Merchants National Corporation announced the pending acquisition of the Greencastle-based Putnam National Corporation with its Central National Bank of Greencastle subsidiary for $$7.3 million in stock and cash. The acquisition was completed in February 1986.
Merchants Trust
Merchants Trust () is a large British investment trust dedicated to investments in higher yielding FTSE 100 companies. Established in 1889, the company is listed on the London Stock Exchange. The Chairman is Simon Fraser.
Merchants Limited
The Merchants Limited, sometimes shortened to Merchants, was a New York, New Haven and Hartford (the "New Haven") passenger train on the Shore Line between Boston and New York City. It was the New Haven's premier passenger train and the last all-parlor car train in the United States. The train entered service in 1903, and survived the turbulent Penn Central merger to become one of Amtrak's Boston–Washington, D.C. services. The name disappeared from Amtrak's timetables in 1995 when most Northeast trains were rebranded "NortheastDirect".
Merchants Fund
Adolph Borie
Merchants National Corporation
In January 1986, Merchants National Corporation announced the pending acquisition of the three month old Danville-based Alliance Bancorp with its Mid State Bank of Hendricks County subsidiary for an undisclosed amount. Alliance was the product of the recent merger between Danville State Bank and the First National Bank of Coatesville which also formed the Mid State Bank of Hendricks County. The acquisition was completed in November 1986.
Mercantile Bancorporation
At the time of its acquisition Mercantile was a $36 billion multi-bank holding company headquartered in St. Louis operating 500 locations in Missouri, Iowa, Kansas, Illinois, Arkansas and Kentucky.
Its individual components were:In December 1964, the Mercantile Trust Company converted from a state‐chartered trust company into a national bank and was renamed Mercantile Trust Company National Association.
Merchants and Farmers National Bank Building
It was added to the National Register of Historic Places in 1984. The building was demolished in 1989 to make room for construction of the new corporate headquarter of NCNB, which later became Bank of America.
Currently, Bank of America Corporate Center sits at the former location of the building.