Peachtree. Mills Lane (banker)
Published October 16th, 2007 in UncategorizedMills B. Lane, Jr. (January 12,1912 – May 7,1989) was a banker in Atlanta, Georgia.
He was born in Savannah, Georgia, graduated from Yale University in 1934 and took a job as a clerk at a Citizens & Southern National Bank (C&S) branch in Valdosta, Georgia. The bank was founded by his father in 1906 and when he died in 1946, Lane, Jr. became president.
As president of C&S he funded the design and construction of mayor Ivan Allen Jr.’s dream of a stadium. The site was a recently cleared slum then known as Washington-Rawson and Atlanta Stadium was built a mere twelve months after a handshake deal with the Milwaukee Braves owners.
The rush was to insure the 1965 season could be played in the new stadium, but a lawsuit brought by Milwaukee, Wisconsin delayed the start until April 1966.
His other famous building was his new bank headquarters, the cylindrical C&S tower at W. Peachtree and North Ave which was demolished for the western expansion of the Bank of America Plaza.
When he retired in 1973, C&S was the largest bank in the South. He returned to Savannah where he remained until his death.
References
- New Georgia Encyclopedia entry
Links
- Business Plan: Software, Samples, Online Tools & Consulting Offers web based business plan software, business start-up calculators and business plan consulting.
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