Central Bank And Trust (Atlanta)
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Central Bank And Trust (Atlanta)
The Central Bank and Trust Corp. was a bank founded in 1906 by Coca-Cola co-founder Asa Griggs Candler. It had its headquarters in the Candler Building in Downtown Atlanta. In 1922 it was merged into Citizens & Southern National Bank, the present successor entity to which is the Bank of America The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank w .... References {{Bank of America Banks based in Georgia (U.S. state) Banks established in 1906 Defunct banks of the United States Banks disestablished in 1922 1906 establishments in Georgia (U.S. state) ...
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Coca-Cola
Coca-Cola, or Coke, is a carbonated soft drink manufactured by the Coca-Cola Company. Originally marketed as a temperance drink and intended as a patent medicine, it was invented in the late 19th century by John Stith Pemberton in Atlanta, Georgia. In 1888, Pemberton sold Coca-Cola's ownership rights to Asa Griggs Candler, a businessman, whose marketing tactics led Coca-Cola to its dominance of the global soft-drink market throughout the 20th and 21st century. The drink's name refers to two of its original ingredients: coca leaves and kola nuts (a source of caffeine). The current formula of Coca-Cola remains a closely guarded trade secret; however, a variety of reported recipes and experimental recreations have been published. The secrecy around the formula has been used by Coca-Cola in its marketing as only a handful of anonymous employees know the formula. The drink has inspired imitators and created a whole classification of soft drink: colas. The Coca-Cola Company p ...
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Asa Griggs Candler
Asa Griggs Candler (December 30, 1851 – March 12, 1929) was an American business tycoon and politician who in 1888 purchased the Coca-Cola formula, Coca-Cola recipe for $238.98 from chemist John Stith Pemberton in Atlanta Georgia, Atlanta, Georgia. Candler founded The Coca-Cola Company in 1892 and developed it as a major company. Prominent among civic leaders of Atlanta, Candler was elected and served as the 41st List of mayors of Atlanta, Mayor of the city, from 1916 to 1919. Candler Field, the site of the present-day Hartsfield-Jackson Atlanta International Airport, was named after him, as is Candler Park in Atlanta. As head of Coca-Cola, he built the Candler Building (Atlanta), Candler Building in Atlanta, as well as one in Kansas City (which became known as the Western Auto Building), a Candler Building (New York City), Candler Building in New York, New York, New York City, and one in what is now known as the Inner Harbor area of Baltimore, Maryland. Family Asa Griggs ...
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Candler Building (Atlanta, Georgia)
The Candler Building is a 17-story high-rise at 127 Peachtree Street, NE, in Atlanta, Georgia. When completed in 1906 by Coca-Cola magnate Asa Griggs Candler, it was the tallest building in the city. This location where Houston (now John Wesley Dobbs Ave) joins Peachtree Street was the location of one of the earliest churches in the city which was built on land donated by Judge Reuben Cone in the 1840s. It forms the northern border of Woodruff Park. Central Bank and Trust, the bank founded by Coca-Cola co-founder Asa Griggs Candler, had its headquarters in the building. left, The Beaux-Arts details remain intact and the building is on the National Register of Historic Places. The cornerstone reads "Candler Investment Co. 1904 Geo. E. Murphy Architect". The building was featured in the 2017 crime film '' Baby Driver'', where it was the site of the first bank robbery committed in the film. In 2016, the building's owner, REM Associates, L.P., announced plans to convert it to ...
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Downtown Atlanta
Downtown Atlanta is the central business district of Atlanta, Georgia, United States. The larger of the city's two other commercial districts ( Midtown and Buckhead), it is the location of many corporate and regional headquarters; city, county, state, and federal government facilities; Georgia State University; sporting venues; and most of Atlanta's tourist attractions. It measures approximately four square miles, and had 26,700 residents as of 2010. Similar to other central business districts in the United States, it has recently undergone a transformation that includes the construction of new condos and lofts, renovation of historic buildings, and arrival of new residents and businesses. Geography Downtown is bound by North Avenue to the north, Boulevard to the east, Interstate 20 to the south, and Northside Drive to the west. This definition includes central areas like Five Points, the Hotel District, and Fairlie-Poplar, and outer neighborhoods such as SoNo and Castlebe ...
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Citizens & Southern National Bank
Citizens and Southern National Bank (C&S) began as a Georgia institution that expanded into South Carolina, Florida and into other states via mergers. Headquartered in Atlanta, Georgia; it was the largest bank in the Southeast for much of the 20th century. C&S merged with Sovran Bank in 1990 to form C&S/Sovran in hopes of fending off a hostile takeover attempt by NCNB Corporation. Only a year later, however, C&S/Sovran merged with NCNB to form NationsBank, which forms the core of today's Bank of America. A former Charleston, South Carolina, location, Citizens and Southern National Bank of South Carolina, is the second oldest bank building in the U.S. and possibly the oldest still used as a bank. Constructed in 1798 as the Bank of South Carolina it later became the home for the Charleston Library Society (1835), then belonged to the Charleston Chamber of Commerce (1914), and finally became a bank again when C&S purchased the two-story building in 1966. Located at 50 Broad Street, ...
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Bank Of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headquartered ...
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Banks Based In Georgia (U
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 the anc ...
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