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Banco De Ponce
Banco de Ponce was the Puerto Rican bank with the largest number of branches in the United States and second largest bank in deposits and number of branches in Puerto Rico during the twentieth century. Founded in Ponce, Puerto Rico, in the early part of the century, it headquartered in San Juan in 1970 and, 20 years later, merged with Banco Popular forming BancPonce Corporation. History The bank was founded on 20 August 1917, in Ponce, Puerto Rico, by Mario Mercado, Amador Torres, Manuel Meiriño, Augusto Quiñones, Francisco Oliver, Antonio Morales, Juan Colón, José de Jesús, Francisco Forteza and Cándido Noriega. It had a prosperous start and in 1924 it built its main office in downtown Ponce. Architecturally, the downtown structure was so prominent that it would eventually get listed as historic in the National Register of Historic Places. The Bank continued its growth and by 1961 it already had offices and branches in New York City. By 1989, it had the largest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ponce Historic Zone
The Ponce Historic Zone (''La Zona Histórica de Ponce'') is a historic district in downtown Ponce, Puerto Rico, consisting of buildings and structures with architecture that date to the late nineteenth and early twentieth centuries. The zone goes by various names, including Ponce Tradicional (Traditional Ponce), Ponce Centro (Ponce Center), Ponce Histórico (Historic Ponce), and Distrito Histórico (Historic District). History Carmelo Rosario Natal has linked the origins of the Ponce Historic Zone to an event that took place on 8 June 1893. On that date, La Gaceta de Puerto Rico, the insular government's official periodical, published an edict of the Governor of Puerto Rico, Antonio Daban y Ramirez de Arellano, that mandated municipal authorities throughout the Island to divide, for fire control purposes, a town's urban center into three zones: stone-built, build with fire resistant materials, and built with combustible materials. No structure could be built, rebuilt or resto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Ponce, Puerto Rico
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1917 Establishments In Puerto Rico
Events Below, the events of World War I have the "WWI" prefix. January * January 9 – WWI – Battle of Rafa: The last substantial Ottoman Army garrison on the Sinai Peninsula is captured by the Egyptian Expeditionary Force's Desert Column. * January 10 – Imperial Trans-Antarctic Expedition: Seven survivors of the Ross Sea party were rescued after being stranded for several months. * January 11 – Unknown saboteurs set off the Kingsland Explosion at Kingsland (modern-day Lyndhurst, New Jersey), one of the events leading to United States involvement in WWI. * January 16 – The Virgin Islands, Danish West Indies is sold to the United States for $25 million. * January 22 – WWI: United States President Woodrow Wilson calls for "peace without victory" in Germany. * January 25 ** WWI: British armed merchantman is sunk by mines off Lough Swilly (Ireland), with the loss of 354 of the 475 aboard. ** An anti-prostitution drive in Prostitution in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1917
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Puerto Rico
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco De Ponce (building)
The Banco de Ponce building, a historic building in Ponce, Puerto Rico, was the first and main office of Banco de Ponce until the company merged with Banco Popular in 1990. Though its headquarters had moved to a presumptuous building in Hato Rey's Milla de Oro by then, Banco de Ponce continued to consider this building its main office, until the company merged with Banco Popular in 1990. The building was listed on the U.S. National Register of Historic Places on June 25, 1987. It was built in 1924. Location The building is located facing Plaza Degetau. The large structure occupies a small city block. It is bounded by Mayor, Francisco Parra Duperon (also known as Comercio), Marina, and Amor streets. Amor street was also called ''Callejon Amor'', or Amor Alley; literally, ''Love Alley''. In 1991, Amor street was converted into a promenade and renamed Paseo Antonio Arias Ventura, after the long-time employee of the bank who started as a custodian and rose to become the ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico Department Of Justice
The Puerto Rico Department of Justice (PR DOJ) is the Executive Department of the Commonwealth of Puerto Rico responsible for the enforcement of the local law in the commonwealth and the administration of justice. The Department is equivalent to the State Bureau of Investigation in many states. The Department is headed by the Secretary of Justice of Puerto Rico and has been in existence in one form or another since Puerto Rico was a Spanish colony. The current agency was created by the Constitution of Puerto Rico in 1952. The Department, headquartered in a multi-story building in the Miramar sector of San Juan, includes a structure of District Attorneys to handle criminal caseload, as well as specialized divisions to handle antitrust cases, general civil cases, public integrity (corruption) and federal litigation, among others. Agencies * Special Investigations Bureau Secretary of Justice The Department's head, the Attorney General, is appointed by the Governor of Pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
W Holding Company
The W Holding Company was a financial holding corporation located in Mayagüez, Puerto Rico. On April 30, 2010, Westernbank, its wholly owned bank subsidiary, failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation and subsequently sold to Banco Popular de Puerto Rico. History Westernbank was founded on March 1, 1958, under the name ''Western Federal Savings and Loan Association of Puerto Rico'' in the western town of Mayagüez by Miguel A. García Méndez, a local statesman, businessman and experienced banker. With initial deposits reaching $250,000, the bank grew at a rapid rate, quadrupling its deposits and assets in less than nine months. By the early 1960s, Westernbank had expanded to the western and southwestern region of the island, with bank branches in the towns of Aguadilla, San Germán and Cabo Rojo. Between 1978 and 1981, when the United States and Puerto Rican economies were suffering from high inflation rates, local banks wer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milla De Oro
La Milla de Oro (English language, English for ''the golden mile'') is both the popular name given to the main central business district of San Juan, Puerto Rico, San Juan and a nickname given to the section of Avenida Juan Ponce de León, Juan Ponce de León Avenue that crosses Hato Rey Norte from north to south. It encompasses the largest agglomeration of corporate investment, banking and finance institutions in the Caribbean. The headquarters of Puerto Rico's largest retail investment bank, Popular, Inc., are located at ''Popular Center'' in ''208 Juan Ponce de León Ave''. La Milla de Oro is served by the Tren Urbano stations of Hato Rey station, Hato Rey, Roosevelt station (Puerto Rico), Roosevelt, Domenech station, Domenech and Piñero station, Piñero stations in addition to numerous Puerto Rico Metropolitan Bus Authority, bus routes with connections to Río Piedras, Puerto Rico, Río Piedras, Plaza Las Américas, Santurce, San Juan, Puerto Rico, Santurce and Old San Juan. L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Landmark
A landmark is a recognizable natural or artificial feature used for navigation, a feature that stands out from its near environment and is often visible from long distances. In modern use, the term can also be applied to smaller structures or features, that have become local or national symbols. Etymology In old English the word ''landmearc'' (from ''land'' + ''mearc'' (mark)) was used to describe a boundary marker, an "object set up to mark the boundaries of a kingdom, estate, etc.". Starting from approx. 1560, this understanding of landmark was replaced by a more general one. A landmark became a "conspicuous object in a landscape". A ''landmark'' literally meant a geographic feature used by explorers and others to find their way back or through an area. For example, the Table Mountain near Cape Town, South Africa is used as the landmark to help sailors to navigate around southern tip of Africa during the Age of Exploration. Artificial structures are also sometimes built to a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
