Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-01-16
Federal National to Be at 14th
and G Streets. ~
LIMIT ON STOCK HOLDING
No Person or Concern Will Hold
More Than 200 Shares.
MORE DIRECTORS TO BE CHOSEN
Organizers Meet Again This After.
noon-Other Financial Institu- 4
tionf of City Elect Officers. !,

The new Federal National Bank. or.
sahized by directors OF the Commercial
National Bank who seeded when FL
oridge r. Jordan obtained control of tho
latter institution. has taken a years
lease on the building at 14th and G streets
northwest. diagonally opposite the Com
merclal. which was formerly occupied by
J. II. Small & Sons florists. and began
today to fix 1t up for banking purposes.
with the intention of throwing its doors
open to the public and beginning bust
ness Monday morning
According TO an announcement mads,
today by John Poole, former cashier or
the Commercial, who was elected presi-
dent or the new bank yesterday after
noon, the new institution has taken this
lease with the option OF renewal, and
with an option of purchase and In ali
nkelihood the Federal National will be
permanently located upon the site. a new
bank building at this point being in sighr
In the future.
Stock Is Apportioned.
The principal care of the directors oe
the new bank, elected yesterday after
noon. Is To so apportion the stock sub,
scriptions that no individual or concern
shall hold more than 300 shares
The capital stock Of 100000 and a
paid-up surplus of $4,000 specified in
the application for a charter for the
bank approved by the controller of the
largely oversubscribed. in large blocks.
and the directors of the bank, IL was
announced today. are still welcoming
subscriptions in small lots OF ten. fif-
many Of these as possible may be is
sued in order to obtain for the new
bank at the start as many friends and
depositors as possible.
The organizers of the bank will meei
again this afternoon at their temporarv
Headquarters, l40S G ctre~+ northwest
Tor the purpose OF elecung two or three
more directors. Those elected yesterday
J. j. Darlington. Walter A. Brown. John
H. Clapp. Frank r. Noyes. Wilton !.
Lambert. Myer Cohen. John l.. Newbold.
Byron s. Adams. John Poole. Clarence
B. Rheem, Leon s. Tobriner and Arthur
d. Marks. In addition to electing Mr..
Poole president, the organizers elected "a
vice president n. Fl. Shea. who for
long time served as vice president OF the
Commercial
Officers to Be Elected.
Directors OF the Commercial National
Bank will meet at $3.50 o'clock this after
noon to elect officers In local financial
circles today there was much speculation
as to the outcome of the election.
All of the officers OF the National Bank
of Washington were reelected at n meet
ing OF the directorate this morning They
are Clarence r. Norment. president: Dan
lei Fraser. first vice president; c. r.
White. second vice president: Albert r.
Run. cashier: c. Wallace Marin. assist
ant cashier and George l.. Starkey Sec
ond assistant cashier.
No changes were made in the list %
officers of the National Capital Bank at
the meeting of the directors today. ON
GERS reelected were: Thomas w. Smith.
president: Albert Carrys vice president:
8. H. Walker. vice president: II. II. Nc
Kee, cashier; Harry c. Stewart. assist
ant cashier.
Riggs Oficers Rechosen.
All of the officers OF the Riggs National
Bank were reelected by the directorate
today as follows: Charles c. Glover, presi-
dent: Milton f. Allies. vice president: Will
liam j. Father. vice president: Henry n.
Father cashier: Joshua Evans. jr, as
sstant cashier
At the meeting of the directors OF Lin
coin National Bank today the following
officers were reelected: r. A. Walker.
president: Floyd T. Davis first vice
president; Robert Callahan. second vice
president; Albert S. Galley, cashier, and
w. Mck. StOWell, dSslstdnt CdSHltE.
One change was made in the list OF OFF,
GERS of the American National Bank to-
day, when the directors elected +. q.
Love an assistant cashier. Officers re-
elected were William T. Galliher presi-
dent: Colin III. Livingston. vice president:
H. r. Warfield. vice president; William
Selby. cashier: Albert c. West and j. w.
Williams, assistant cashiers.
National Metropolitan.
The National Metropolitan Bank elected
the old yfficers at a meeting of the direc-
tors yesterday: George w. White, pres-
dent; Cuno H. Rudolph and o. II. p.
Johnson. vice presidents: George o. Wal
son, cashier, and j. Gules Moore. au-
ditor.
The officers of last year were reelected
by the board of directors of the Second
National Bank at a meeting held yester-
day: William V. Cox. president: Walter
c. Clephane, vice president; John c. Eek
loft, cashier and Jacob Scharf, assistant
cashier.
The Union Savings Bank reelected the
officers of the institution, with one ex
ception, NJ A. Winter taking the place
of William II. Lynn. who lives I'm New
York. as second vice president The Of
fcers are: f. Southland Parker. presi
dent s. w Woodward. vice president.
NJ A. Winter. second vice president; g
l.. Bowman. cashier, and W. Reginald
Lewis, assistant cashier.
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