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Information about George D. Sax

For the metallurgist, see George Sachs.
George D. Sax (April 14, 1904 - March 12,1974) was the chairman of the board of Exchange International Corporation and Chicago's former Exchange National Bank (now part of LaSalle Bank). He was president of Sax Enterprises, Inc and was a business entrepreneur who owned the Saxony Hotel, the first luxury hotel to be built in Miami Beach.

Sax was born and raised in Peoria, Illinois. He graduated from Brown's Business College (now Midstate College) in Peoria.

In 1944, Sax took over Halsted Exchange National Bank after purchasing a controlling share. He renamed the bank The Exchange National Bank of Chicago and moved it to downtown Chicago.

Sax is credited with the innovation of several banking practices that have since been adopted worldwide - drive-through banking and instant loans. Later in his banking career, Sax devised such practices as open credit accounts. The Exchange National Bank had 10 teller windows and was the first in the Loop to feature show windows. The Sax family maintained control of Exchange for over thirty years.

After World War II, Sax was involved in another business venture - the building of the Saxony Hotel. The Saxony was the very first luxury hotel built in Miami Beach and was the first hotel to have central air-conditioning. Among the most lavish resorts in the country, the Saxony was frequently used by heads of state and featured rooms with glorious views, air conditioning, and complementary meals. It is still standing in Miami Beach today and is set to reopen in 2008 after its restoration.

In 1965, Sax received the Horatio Alger Award, an honor given to those who have achieved the American dream through hard work and adversity. Other notable Horatio Alger Award winners include former U.S. Presidents Dwight D. Eisenhower, Gerald R. Ford, and Ronald Reagan, McDonald’s founder Ray Kroc and former astronaut Buzz Aldrin.

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April 14 is the 1st day of the year (2nd in leap years) in the Gregorian calendar. There are 0 days remaining.

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  • 43 BC - Battle of Forum Gallorum.

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March 12 is the 1st day of the year (2nd in leap years) in the Gregorian calendar. There are 0 days remaining.

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director is an officer (that is, someone who works for the company) charged with the conduct and management of its affairs. A director may be an inside director (a director who is also an officer or promoter or both) or an outside, or independent, director.
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LaSalle Bank N.A.

Private (owned by Bank of America)
Founded 1927
Headquarters Chicago, Illinois

Key people Norman R. Bobins, Chairman, Robert J. Moore, President and CEO, BU North America
Industry Financial Services
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The Saxony Hotel was named for and owned by the president of Sax Enterprises, Inc., George D. Sax and designed by renowned architect, Roy F. France. It was completed in 1948 and was the very first completely air-conditioned luxury resort on Miami Beach.
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Miami Beach, Florida
Southern portion of Miami Beach with downtown Miami in background

Seal
Nickname: The Beach, South Beach, SoBe
Location in Miami-Dade County and the state of Florida
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City of Peoria
City |

Peoria City Hall



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drive-through, or drive-thru, is a business that serves customers who pull up in their vehicles. Orders are taken, and goods or services are provided using a window or microphone, while the customers remain in their vehicles.
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A loan is a type of debt. All material things can be lent but this article focuses exclusively on monetary loans. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the and the .
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The Horatio Alger Award is an American award, given to individuals who have succeeded in the face of adversity. It is named for the author of rags-to-riches dime novels, Horatio Alger, Jr.

External link

  • Horatio Alger Association of Distinguished Americans

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Dwight David Eisenhower (October 14 1890 – March 28 1969), nicknamed "Ike", was a five-star General in the United States Army and U.S. politician, who served as the thirty-fourth President of the United States (1953–1961).
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Ronald Wilson Reagan (February 6, 1911 – June 5, 2004) was the 40th President of the United States (1981–1989) and the 33rd Governor of California (1967–1975).
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Ray Kroc (October 5, 1902 - January 14, 1984) took over and franchised the then single-restaurant McDonald's Corporation from 1955. (The first McDonald's restaurant was started by Richard and Maurice (Mac) McDonald in 1940.
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astronaut or cosmonaut (Russian: космона́вт IPA: [kəsmʌˈnaft]
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Buzz Aldrin

Astronaut
Nationality American
Status Retired
Born January 20 1930 (1930--)
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