Former Lenawee County Man President of Spitzer Co., Toledo
Gen. Spitzer Retires from Business Life and Will Spend Summer in Germany for Health.
After a successful business career of 42 years, General Ceilan M. Spitzer, for many years among the foremost in financial affairs of Toledo, owner of the Nicholas building and many other valuable local properties, and for years head of the banking firm of Spitzer & Co., has decided to retire from active business life.
He has resigned as president of the Spitzer-Rorick Trust & Savings Bank, and as director of the Ohio Savings Bank & Trust Co., and in two weeks will sail for Carlsbad, Germany, where he will spend the summer for the benefit of his health.
Resignation of General Spitzer as head of the Spitzer-Rorick Trust & Savings Bank has necessitated a general re-alignment of the official staff of that concern. H.C. Rorick, former vice president, has been elected president, A.L. Spitzer continues in the office of vice president while Carl R. Spitzer has been elected vice president to succeed Mr. Rorick. Albert V. Foster, for a number of years cashier of the First National bank at Morenci, Mich., but for the last year identified with the Spitzer-Rorick Trust & Savings Bank, succeeds General Spitzer as director. George Weber continues as cashier and secretary of the company. The Spitzer-Rorick Trust & Savings Bank in Toledo was organized by H.C. Rorick and General Spitzer, November 1, 1911, and is recognized as one of the leading financial institutions of the middle west.
H.C. Rorick, now head of the concern, is well known to Adrian people. He comes from the Rorick family of Morenci, where he spent his boyhood, and was educated in the schools of this village. He later attended Adrian College, from which instituted he gratuated [sic].
Source: Adrian Daily Telegram, May 7, 1913.