Bank Cancels: The Corn Exchange Bank

THE CORN EXCH BANK

MAR

14

NEW YORK CITY

I figure the cancel, if complete, would read The Corn Exch Bank.  

 

The Corn Exchange Bank was a retail bank founded in 1853 in New York state. Over the years, the company acquired many community banks. In 1855, the Corn Exchange Bank moved into an existing building in New York City at the northwest corner of William and Beaver Streets in Manhattan. In 1894, the bank completed its new headquarters, an 11-story building designed by Robert Henderson Robertson located at 11-15 William Street. Between 1923 and 1925, together with a number of other New York banks, it held a small stake in the Connecticut-chartered Bank of Central and South America. In 1929, it was renamed the Corn Exchange Bank and Trust Company. In 1954, it merged with Chemical Bank and the combined entity took the name Chemical Corn Exchange Bank. After Chemical Corn merged with New York Trust Company in 1959, the words "Corn Exchange" were dropped, creating the Chemical Bank New York Trust Company.