Charles E Kohl I New York Times May 22, 1906 Page 1
a THEATRICAL BANK NOW. To be Established In Chicago aa Re sult of $50,000,000 Merger. Sprctol to Tkt New York Times. CHICAGO. May 21. Chicago Is to have a new bank. It is to be styled the Theatrical Theatrical National Bank, and will begin operations i next month with a paid-up paid-up paid-up capital of $1,000,000. It promises to be a distinct novelty in financial institutions. Business of all persons of good standing tn the theatrical profession la to be sought. Charles E. Kohl. Martin Beck, and other heads of the Western i Vaudeville Man agers Association, leave for New Tork to-morrow to-morrow to-morrow to perfect the details of th t30.000.000 theatrical merger, of which the bank project is the outcome. Mr. Kohl gave out a few details while preparing to leave. Already1 a staff of sixty clerks are at work getting ready ror the institution, institution, the headquarters of which will be In the Msjestlc Building. The new organisation will have thre departments. .The N legal department will be under the supervision of Levy Mayer and A. B- B- Jenks, and ; will be . available for th service of theatrical men and women, . The financial; department will embrace the bank and ! all the function a uoh . an' institution may Include. The third department will be devoted to th railroad Interests of the merger and will handle tbe transportation for the different different theatrical companies connected with It. A well-known well-known well-known General Passenger Agent of Chicago will be in charge.