The former quarter of the Franklin-American Company at 716-18 Locust Street, purchased by a new bank, as yet unnamed, headed by Byron Moser, who resigned last week as president of the Security National Bank Savings and Trust Company. The four-story building was aquired from the Franklin-American Trust Company with a leasehold assignment. The structure is apprasied at 1155,00 for assessment purposes. It is planned to remove the stone columns and bring the entire front of the structure out to the street level.
