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Newton Duelle Ailing

Ailing, Newton Duelle, banker, of 233 Broadway, New York City, was born, Town of Stanford, Dutchess county, N.Y., March 31, 1869; son of J. Sackett and Ann Eliza (Bertine) Ailing;  

educated in private schools of Dutchess county and preparatory Chappaqua Mt. Institute, Friends Academy, Chappaqua, and Eastman Business College; married, Brooklyn, N, Y., April, 1898, Edyth Spencer; one daughter, Kathryn Spencer. Entered employ of Nassau Bank, N.Y., Dec., 1887; promoted to assistant cashier, 1910; vice-president National Nassau Bank since Jan., 1912.   Through consolidation of Nassau with Irving National Bank, became assistant cashier of latter institution lay 6, 1914.  President N.Y. Chapter American Institute of Banking, 1905-06, having been interested in this institution since 1901; elected president of whole organization, at Seattle convention, 1909. 

Was largely instrumental in 1907, as member board of trustees. in bringing about reorganization of institute. Democrat (candidate for assembly in Brooklyn, 1894) ; Presbyterian. Member Dutchess County Society. Has written considerably on banking and allied subjects, including: Negotiable Instruments, Collection of Country Cheeks, Bank Reserves, Substitute for a Central Bank, Treasury Issue vs. Bank Issue. Recreations: Golf, farming, fishing, outdoor sports.

Source:  Builders of Our Nation, Men of 1914 pub. Men of Nineteen-Fourteen, Chicago, Ill. 1915.

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