Evening star. [volume] (Washington, D.C.) 1854-1972, 1891-04-07
THE coLrxrr. NATIONAL nAsx.


Election OF omcers To-day.
Al o meeting Of the board Of directors ~ ne
Columbia National Bank held today MT. r. r.
Warner presented his resignation In the f-lloy-
ing letter;
wXsHrSoroS. DC, March 81, 1891.
To the Board Of Directors, Columbia Nasioi.Sl
Bank:
Gentlemen; The Columbia National B~nh
has been established now over four yesrs 10
n no longer an experiment. but one Of the most
successful business institutions Of it kissd n
Washington.
Al its birth you selected me as lie prrs ding
officer. which position have retained, alti ousS
! long since desired 20 withdraw from H. I
have found genuine pleasure In helping -
build up the bank. Your liberal thoasl' css-
tious management has not only benefts-e our
stockholders and patrons. but the entire COM
munity. Older institutions have not lost hut
added 10 their deposits; have grown
stronger instead Of weaker; have adopted mod
ern methods and conyenienoes in plasc az
those which were out Of date and did no, fae-s
the demands OF the public. Since the orxsn-
ization Of this bank FIVE others Of a siuilnx
character have been formed In the city. VIA,
The National Capital" the Traders, the Tin
coin, the West End. the Ohio. Their Joint
capital amounts 10 sl 900. 900. Two trust COM
panies have also been incorporated under Al
act OF Congress recently passed, with capital
These are evidences Of the growth q ths
capital city and its business. The bank has
been exceptionally fortunate in making but
Few losses during it's career. This has been
largely due 90 the personal attention and are
you have given its business, and also % the
fact that YOU have uniformly declined 70 make
large loans and have distributed your discounts
among many applicants. This course has aided
TO the expense OF management. but 10 has
greatly decreased the percentage % visk
] n As.al. 4. a.
! paid for by the accumulated rurplus Your
stock Is one OF the most desirable Investments
IN the markets your business large aud pros-
porous.
have so many demands upon my time and
strength that l foel in Justice 20 NV family,
! myself and the general interests Of the l.nk,
that ought 10 tender my resignation rs its
presiding officer. This will enable YOU 10 select
some one who can give his undivided ,sme
ana energy to the management Of the institu-
u"n. Please accept my grateful acknowiedg-
ments for many personal kindnesses and
courtesies received at your hands.
| desire 20 bear particular testimony 90 the
efficiency and fRithfulness OF the employees Of
the bank-especially the cashier. From an en-
ploye OF the bank he has grown into the regard
and friendship OF each Of lite members. Thraagh
the period OF organization he exhibited pa
thence and ability that commanded both our
| respect and admiration and has demonstrated
the fact that he could not only keep books out
I
As have the largest interest in the bank and
| shall continue 60 take active interest In il as
a member OF Its directory. you may feel sure
Il will give me pleasure 10 work with you for
Its prosperity and assist my successor In every
possible way.
Again thanking you, gentlemen. I remain
| Yours sincerely.
BRAIsAKp H. wAHsEn.
The board appointed a committee 10 prepare
resolutions OF their appreciation OF Mr.. War
Nor G1..1as n
their regret that his manifold duties required
| severance Of his official relations.
Mr.. +. A. Parker, who has been the cashier Of
the bank since Its organization, was unanimously
elected president aud VIM. b. Gurley cashier.
Both these gentlemen are well known in this
Community. Mr.. Parker has been prsc ticsl
banker for more than twenty-five years. Mr..
Gurley was for many years chief clerk Of the
Washington Gas Light Company and lakly Q
member Of the firm of Gurley a Stevens, which
will now be dissolved. The president ana
cashier will devote their entire time and asten-
ton TO the business Of the bank.