Grand Rapids Community College - Olympian Yearbook (Grand Rapids, MI)

Page 140 text:

I f We introduce this section of financial advertisers. And for this privilege We are justly proud, for here is represented the type of suc- cessful and sound business enterprise which is the back- bone, and simultaneously, the life-blood of the great American monetary struc- ture. B This day sees us in the throes of' defense prepara- tion. At the rate of iE900,000,000 per month our government is moulding a defense system, the financial success of which may Well decide our future. Here it must be said that We can prepare for defense in the billion dollar brackets, We can take time out for con- gressional debate on the ques- tion, only because of the prestige and stability of American Capitalistic struc- ture, nurtured from the birth of our nation, by American Democracy. The Central Bank IS a unit type form of banking. Its new home at 65 Monroe Avenue N W , and its enlarged operation facilities are designed to offer Grand Rapids a Complete Banking Service. THE CENTR L B

Page 139 text:

FIVE CENT Qmake an offer, we'll come down, JUNE 6, 1941 THE WEAKLY OOZEMAGAZINE POET CRELL His sonnets are lace-like fSee Books or ask Crellj VOLUME 2,ooo,ooo,ooo NUMBER 9-8099 Cask For Mableb ' , - ., 'J 5 ' - 5 : .. '.L-. Q. . V..-Y 4. ..,-.. Lg..4.,...g-,.+g.....T.4L.,:4..?,.....?,.,.L.,....-.....V. ..1, ,. . . . K, , Y i A -. . . ,,,,, ,v...V A .V N ,i..........., --- ---W - -- - -- ---W Y ff -W4 . - - - f - - - V - -

Page 141 text:

'lii- .,-.... VVYV -Y 7 f 5 l..et's look at the record. Out of the growing pains of the depression of l 81 4 and IS37, there developed a strong and unified system of depository finance. Originally designed to finance the Union in the Civil War, there emerged in this era, the system of National Banks. In parallel, 1853 saw the formation of the parent of the Old Kent Bank, the Old National. , The year I9l3 evidenced the passage of the Federal Reserve Banking Act, the purpose of Which was to unify in general, the many individual banking struc- tures throughout the land. A Ever in coordination With sound and constructive prog- ress, the Old Kent Bank stands to-day, an effective mem- ber of this system. ' And so, in our eighty-eighth year of successful banking, We feel it our responsibility to present to you the signin- cance of the development of stability of banks and bank- ing as of yesteryear. This country is great to-day only because she has been great in her Wisdom of selecting her present economic and political policy, in the past. ,. The Old Kent Bank has stood to this day, because it is representative of those policies. oLD KE T BAN