The Washington times., 1906-12-30
Washington Institution
Has Diversity of In
tereStS to Watch.

The American Security and Trust
Company located at the northwest cor
ner of Fifteenth street and New York
avenue, s. one Of the leading banking
institutions OF Washington. Since its
Incorporation. October -. 1889, il has
grown TO bc one OF the largest banking
houses south of New York The author
ity OF this company TO transact business
IS derived from the act of Congress ap-
proved October 4. 1890. and entitled. An
act TO provide for the Incorporation of
trust, loan, mortgage. and certain other
corporations within the District of Co
lumbia." This authority is evidenced
by the certificate of the Comptroller or
the Currency, and bears the date OF
November L. 1870. The growth of the
company has been remarkable and has
neCesstta-ed. from time To time, the en-
largemenJ of its facilities for doing q
general banking business. In 1885, the
company found il necessary To- build
q wing on tneir Fourteenth street srruc-
tuTe, and in 1909 they worked to their
BY virtue of It's charter, the company
is empowered 10 act as executor. ad-
ministrator. trustee, receiver, assignee,
guardian, and 10 act in "a general trust
capacity II mas been the good fortune
OF this company TO have been made eN-
eCutor Of large number of valuable es-
tates situated IN and about Washington
]
financial and stock agent, by means of
which Arrangement il is enabled 20 un-
deTtake the management OF personal in
vestments in stocks and bonds
VIII Handle Business.
Those who are desirous of leaving the
city will find in this company a reliable
agent in case their property needs at
tention during their absence. BY this
means persons are thus enabled TO leave
the city either permanently or tenn
porarily, knowing that their interests
are being looked after.
At 1i45 Fifteenth street the company
maintains what IS probably the largest
storage warehouse in this vicinity This
warehouse. which is freprOOf and mod
ern IN every respect. has been in use
about thirteen years having been erect /
ed IN 1893 During this time five addi-
tions have been added 10 IL, and, thus
extended. its makes the largest hreproof
structure for storage purposes south Of /
New York.
on December Is. 1895. the present /
quarters Of the American Security and /
Trust Company. located al the north /
west corner of Fifteenth and Pennsyl- /
vania aVenu- We're formally opened. !
The architects OF this building were
York & Lawyer. Of New York, who |.
make Il specially Of bank architecture !
The architectural style is purely class.- /
cal, harmonizing with the dignifiec /
building OF the United States Treasury /
on the opposite corner, and its Ionic !
columns, forty feet in height, are iden- D
tica! with those Of the Treasury build /
ing.
The exterior simplicity is a fair ex- Z
precision OF the interior. 1t Is single .
large room in effect lighted mainly from
above Il has the dignity of the Treas /
ury facade. yet a character and indi- |
Viduality OF ats own.
The material is pink Milford granite. (
the pierced screens in the upper series /
of openings being of Knoxville marble.
which has the same tone as the granite, D
but a finer texture in which this detail /
can be cut The doors. lamps, window
guards, and letters upon the frieZe OF /
the main entablature are of bronze.
Safety Deposit Vaults.
Broad marble steps from this lead
down into the safe deposit department
below. AT either end Of this room are
galleries. and the walls Of the room are
marble 10 the heights Of these gal
leries. II IL is true that the qualities
generally desired IN a bank are security.
convenience, and "a fair rate of interest,
It must be admitted that the American
Security and Trust Company meets the