This section is from the book "Banking And Business", by H. Parker Willis, George W. Edwards. Also available from Amazon: Banking and Business .
From the above description of the more important trusts it is evident that a fiduciary company can serve the individual during his entire period of life. In like manner, a corporation can be aided from inception to dissolution, and in fact many of the problems of corporate finance can be solved only with the aid of fiduciary institutions. A previous chapter has indicated the manner in which a new corporation is launched through the efforts of an underwriting syndicate. In this group, a trust company frequently participates as member when its banking department contributes funds, or as manager when the trust department directs the entire transaction.
 
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