Evening star., 1919-01-24
STORAGE COMPANY .
ELECTS IT'S OFFICERS

| | ELECTS IFS OFFICERS
At the annual meeting Of the stock
holders OF Security Storage Company
the following were elected directors;
C. A ASpinwall. w. 3. .corby. w. j
Flather. c. j. Bell, Daniel Fraser and
Albert NJ. Read.
! The board Of directors met and
elected officers as follows: President.
c. A. Aspfnwall; vice president and
treasurer, c. W. Pimper. and secre-
| tary. Charles T. Havenburg.
i The retiring president. Albert NJ
| Read. has been associated with the
Security Storage Company since its
Incorporation in 1906 as president,
and before that as general manager
OF the storage department. American
SECURITY ard Trust Company. having
been selected in 1880. when the ,busi-
ness was first organized. to manage
it's affairs, That his efforts were high
ly SUCCESSFUL is evidenced in the pros
perity that has been steady accom-
/ paniment Of the company's growth.
! Mr.. Read remains as chairman of the
| board OF directors.
| Mr. Aspinwal. the new president,
has been identified with the business
! of the company almost from it's be-
| ginning, and has been succeSsively
chief clerk assistant manager and
vice president. He is also vice presi-
dent of the w. Fred Richardson, Sc
curity Storage Company of Richmond.
Va, and president Of the Security
Storage and Safe Deposit Company of
| Norfolk. Va
Mr. Charles W. Pimper. who sue
ASn t-ip
has been connected with the company
since 1898, and has been its treasurer
for many years, and will continue to
act in that capacity.
At Riggs National Bank.
In the rear of. the big banking room
of the Riggs National Bank is the
chapel-like vault with ponderous steel
doors! Above the. steel doors. is a
faithful clock, with long bronze
hands and bronze dial figures, Above
the clock hangs the service flag Of the
! bank wrought of silk and formed in
service flag Is the American flag, also
, wrought Of silk. The national banner
! is fianked on the left by the flags of
France and Belgium and on the right
by those Of Great Britain and Italy.
Eighteen blue stars are in the field
of the service fiag. and in their midst
shines gold star. These stars stand
for the men who entered the Army or
Navy from the service of the bank.
The gold star stands for E.. Elmer
NICK ensie, who died in the military
The. blue stars stand for the follow
;. windsor 'snowden. Robert Stead,
John Hemnhiil. T. Farris English.
Cats, Harold King. Elmer sauter.
John sBullough. Pere A., Wilmer,
Donald c. Barnhart, c. Dean GAL
laghet. walter Howe, Ralph Deprez.
Georga E. Pickett, Sd, ]. Carl Gless-
Mr.. seay Appeals to Bankers.
George. J. seay. governor and chair
man, Of the war loan organization Of
the NTH federal reserve district has
sent to. aIl bankers and to the public
OF the. District Of Columbia a strong
f ssPsa fer q
He says that until the pressing finan-
ciaI Obligations Of the government to
Americas business men are dis
charged 1t is neither possible to make
the, ca pitai and the credit Of the coun- bum
try, nor. to arrive at just balance
between government and commercial
fina ncing.
Continuing. Mr.. seay writes; $50
sestesne4s in anticipation Of the
nth liberty loan is to further the
largest and quickest turnover Of cap
itai in the. history OF the United
states Our money must go through
this Intermediate eAaFnel in order
tai now stied up In government con-
i tracts. that have been completed but
not yet paid fet. To enable the
Treasury. to pay the. bills now pour
oversubecription Of the current series
Of ceEtihcates Of .fndebte,}ness lis es-
sentta1. Neither taxationi nor loans,
nor both, produce funds in sufficient
volume and with sufficient speed to
meetS these current demands, used at
their maximum. Unless these bona
fide obligations of the government
are promptly paid OF. its credit may
be affected and more or less stagna-
ftion OF 'bhsiness may follow:
fhe.ciosings gsparagraph OF Mr.. Seay's
letter follows: The. fifth district
should oyersubscribe its allotment Of
see, 100000 by at~least $6t213. 500 in or
der to make full response sto the re-
quests. Of the Treasury Department In
the four series thus far offered in an
! bticipation of the. fifth loan. That is.
EVERY bank In the district should sub
scribe, to the full extent of its abil-
| ity, from i 1S per. cent to ~ per cent
| Of its gross resources Corporations.
firms and individuals are urged to
subscfibe through their local banks.
thus helping their banks to carry the
heavy financial burdens the necessities
Of the government are placing upon
! them
/ Features in Bank Statement.
Francis NJ. Savage. president of the
Northwest Savings Bank. introduced
a number of original features in the
recent annual, statement of the bank