The Washington times., 1913-04-24
WOULD FORCE ISSUE
ON GAS HOLDINGS
Congressional Resolution Calls
on Commissioners to Report
on Gas Stock Action.

That Congress will force the issue of
the legality or illegality Of the holding
by the Washington Gas Light Company
of the 1856 shares OF stock OF the
Georgetown Gas Company is indicated
today in a resolution introduced into
the House Of Representatives by Con-
gressman Cary of Wisconsin, calling
upon the District Commissioners i'm
medistely to report to Congress what
steps, II any, have been taken to carry
out the public utilities law in respect
TO the gas companies.
The resolution declares that the Wasn-
ington company owns and controls the
S,aS shares OF stock OF the Georgetown
company, and that under the public
utillIies law the Commissioners were
authorized and directed to bring a suit
in equity in the Supreme Court OF the
District to dissolve q corporation ille-
gally holding shares Of stock in another
corporation, and to order and compel
the corporation so holding to sell and
dispose of the stock. and calls on the
Commissioners Immediately to report to
Congress what steps have been taken to
enforce this law so far as IL covers the
two gas companie&
Mr.. Cary has also introduced the bill
brought in at the last session to incor-
y,
with a capital stock of $4,000. to build
and operate q cross town street railway
from AQueduct bridge to the Union Sta
:tion. Harry Wardman and A. A.
Thomas. Of this city, and j. G. Dudley,
l. c. Taylor, and E. F. Crawford, OF
Virginia, are named as incorporators.
The feeling of Washington bankers,
who have given consideration to the
statement Of Secretary McAdoo about
the employment by Milton e. Allies, of
the Riggs and National City banks, of
young woman to take off bank re-
ports from the records Of the Comp
troller Of the Currency is generally that
injustice has been done. These records
are public property, 1t is considered, and
available to those who may wish to
consult them. How this can be in any
way improper fails to be appreciated.
There was a dearth of business on
the Washington Stock Exchange today,
the total trading amounting to only
81 900 In bonds and ninety-seven shares
OF stock. After call seventy-five shares
Of Washington Gas were taken in a
block at S5&.
Election of delegates to the conven-
ton OF the American Institute of Bank
ing. to be held in Richmond, September
b. was made at the meeting Of the
nominations for officers for the coming
year made. The following delegates to
the convention were chosen: Charles
H. Doing. jr., W. W. Spaid, D. H. Man
ming. F. B. Devereux, J. c. Williams.
E. T. Love. o. G. Claxton, A. M. Ny
man. w. G. Rogers, c. R. Grant, A. R.
Varela. Fl. L. Se!by, and w A. Dexter
The alternates are c. L. Eckloff, H. v
HAYNES. H. E. Wilson, A. NJ Nevius.
William r. Baum. ]. w. Roberts, jr.,
H. w. Phillips. J. L. Fag1tt, and H. L.
Bonney.
F. r. Devereux was the only nominee
for president. Other nominations were:
For vice president. E. T. Love and W.
A. Dexter; for secretary. H. W. Ireland
and A. e. Birkle; for treasurer. Charles
r. Grant and II. W. Phillips; for as
sistant secretary. Lawrence H. Killman;
for chief counsel, William R. Baum and
r. c. d. Hunt. and for the board of
governors. Arthur Herbert. jr.. Charles
H. Doing. jr., W. W. Spaid. o. C. Clax-
ton. ]. c. Williams. Arthur Nyman, D.
H. Manning. A. M. Nevius. II. g.
Haynes. c. D. Boyer. ]. w. Manning.
A. 5. Carter. and S. r. Baulsir.
Prof. Charles A. Douglas delivered the
ninth lecture in his series on the law
of negotiable Instruments