Bruce to Baltotrust

Prominent in the U. S. banking structure is the $97,000,000 in resources Baltimore Trust Co. (cable address: Baltotrust), founded in 1882. Several years ago a Baltotrust vice president was James Bruce, son of onetime Senator (1923-29) William Cabell Bruce, brother of Andrew Mellon's son-in-law David K. Este Bruce. He left to become connected with International Acceptance bank, Manhattan, became a vice president of National Park Bank and was given a similar position in Chase National after they merged. Last week young (38) Banker Bruce returned to Baltotrust in the position of president. At the same time the executive structure of Baltotrust was changed to a plan similar to Chase's. Donald Symington was moved from the presidency to chairmanship of a newly created governing board. Still chairman of the board of directors is Senator Phillips Lee Goldsborough.

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