Business: Personnel: Oct. 19, 1931

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Last week the following were news:

Dr. Attilio H. Giannini, brother of Amadeo Peter Giannini, was appointed chairman of the executive committee of Bank of America, N. T. & S. A. (California). Chairman of Bank of America, N. A. (Manhattan), Dr. Giannini is also vice president of Transamerica Corp, He resigned his directorship in the holding company recently (TIME, Oct. 5) when it was decided that executives of controlled banks should not be on the Transamerica board as well.

Mortimer Norton Bnckner, chairman of New York Trust Co, succeeded Jackson Eli Reynolds, president of First National Bank as president of New York Clearing House Association (see p. 13).

Charles L. Woody Jr. was reinstated as a member of the New York Stock Exchange. He was suspended June 19, 1930 when his firm, Woody & Co., found itself insolvent because of the transactions of Partner Woody's Partner-brother-in-law Harold ("Night") Ryder. Creditors of Woody & Co. whose claims were more than $1,000 each received 45¢ on the dollar, those with smaller claims, 50¢.