The Washington herald., 1913-01-17

depositors Of cash with the national
banks and some of the trust companies.
They propose TO continue these friendly
relations. to do all they can to raise
the standard OF the savings banks of the
city, but they have served notice that
they, as savings banks. have the right
TO do a commercial business.
1t is scarcely possible that the pro-
posed measure will be enacted at this
session OF Congress.
Commercial National Election.
At a meeting Of the directors of the
Commercial National Bank held yes
terday afternoon, the following officers
We're elected:
President A. G Chaplain.
First vice president, EldridGe Z. Jor-
dan.
Second vice president. Tucker X. Sands.
Third vice president. Arthur Lee
Counsel. Ellis & Donaldson.
Tucker X. Sands will act as cashier
of the bank until the vacancy is per-
manently filled.
The fun board OF directors. with one
or two vacancies filled since the election
on Tuesday. follows: James A. Cahill,
\. G. Chaplain, II. Bradley Davidson.
Senator Charles ]. Faulkner Arthur Lee.
AIAiAuT itltI. Arthur T.. fNdnule. f1OllS
Rinehart. Tucker X. Sands, John T.
Story. iT., King Cornwell. Samuel J.
Henry. Eldridge f. Jordan. George Tully
Vaughan. Wade H. Ellis r. Golden Dom
aldson, and o. G. Staples.
Other Bank Elections.
, All of the officers of the National Bank
of Washington We're reelected. They are
Clarence F. Norment, president; Daniel
Fraser, first vice president; c. E. White.
second vice president; Albert b. Run.
cashier; c. Wallace Marin. assistant
cashier. and George L. Starkey, second
assistant cashier.
No changes We're made in the list of
officers of the National Capital Bank at
the meeting of the directors yesterday.
officers reelected were: Thomas w.
Smith, president; Albert Carry. vice
president; $. II. Walker, vice president;
II. H. Mckee, cashier; Harry c. Stew
art. assistant cashier.
All of the officers of the Riggs National
Bank were reelected as follows: Charles
C Glover. president: Milton f. Ailes,
vice president; William ]. Father, vice
president: Henry II. Father, cashier;
Joshua Evans. jr., assistant cashier.
At the meeting of the directors of
Lincoln National Bank, the following Of
president; Floyd r. Davis, first vice
president: Robert Callahan, second vice
president; Albert S. Galley, cashier. and
w Nick. Stowell. assistant cashier.
One change was made in the list of
officers of the American National Bank
Yesterday, when the directors elected z.
G. Love an assistant cashier. Officers
were William T. GalIiher.
president: Colin II. Livingstone, vice
president; H. r. Warfield, vice president;
William Selby. cashier: Albert G. West,
and ]. w. Williams. assistant cashiers.
The National Metropolitan Bank elected
the old officers: George w. White, presi-
dent; Cuno H. Rudolph and o. II. p.
Johnson. vice presidents; George o. Wal
son, cashier, and J. Gales Moore, au-
ditor. ..-..
New Bank Makes Progress.
Directors of the new Federal National
Bank continued the work of receiving
yesterday. closed the list,
practically made the allotment of stock,
closed the lease of the Small Building.
main floor, on the southeast corner of
Fourteenth and G. Streets, put large
force of men at work fitting 1t up as
banking room, will call to-day for the
payment of so per cent of the subscrip-
tons for the IS inst. or accept full pay
ment on that date-all with the same
speed that shas characterized the work
of organization from the inception last
Tuesday.
After a nights rest they probably win
name the rest of the official staf to-day.
And on Monday morning. with the
opening of other banks in the city for