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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