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Bank of the Manhattan Company, Chartered 1799: A Progressive Commercial Bank

By Anonymous

(3.5 stars) • 10 reviews

Amidst a growing metropolis needing water, a company cleverly transforms into a financial powerhouse, marking a pivotal moment in American banking history.

Genres
Released
2005-12-22
Formats
mobi
epub
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Summary

“Bank of the Manhattan Company, Chartered 1799: A Progressive Commercial Bank” by Anonymous is a record of the Bank of the Manhattan Company, a really old bank in New York City. The book tells about how the bank started during important historical events, and it talks about its special charter that mixed water supply projects with banking powers. It describes the beginning of the Manhattan Company in 1799, led by people like Aaron Burr, and how it changed into a bank. The story covers the problems it faced early on, like needing to find a good water supply for New York City, and how it eventually focused on banking. The Manhattan Company made money from the start, and it grew its business while following good banking rules. The story focuses on how the company always tried to improve and change with the times, which helped it become a strong commercial bank in the early 1900s.

About the Author

Anonymous works are works, such as art or literature, that have an anonymous, undisclosed, or unknown creator or author. In the case of very old works, the author's name may simply be lost over the course of history and time. There are a number of reasons anonymous works arise.

Average Rating
4.0
Aggregate review score sourced from Goodreads
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Total Reviews
10.0k
Total reviews from Goodreads may change