Monday, May. 25, 1931

Woman in Banking

In 1907 John Dodge, a widower, took unto himself a second wife, Mathilda Rausch of Detroit. When two years after his death in 1922 the Dodge Bros, motor interests were sold for $120,000,000, his widow was one of the richest women in the U. S. She took an active part in the disposal of the company, showed business acumen. That same year she married Alfred George Wilson of Detroit. She became a director of Fidelity Bank & Trust Co. (then Fidelity Trust Co.), later was elected to the board of Graham-Paige Motor Corp. She built the Wilson Theatre in Detroit, has managed it herself. Sometimes she plays bridge, but her chief interests are business, the Y. W. C. A., the Salvation Army. She is an excellent public speaker but makes little capital of her business positions. In winter she lives at Grosse Point, socialite Detroit suburb; in summer she goes to Rochester, Mich. Little publicity has ever been given to her.

Last week, however, the Dow-Jones newstickers ticked out the name of Mathilda Dodge Wilson. The directors of Fidelity Bank & Trust (which has $10,000,000 in deposits) had created a new position and given it to her. The position was chairman of the board, making Mrs. Wilson the most prominent woman in U. S. banking.

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