Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-12-05
stockholders TO
MEET January I
Directorate of w. R. & E. Co.
to Be Increased From
Eleven to Fifteen.

The yearly meeting OF stockholders
OF the Washington Railway and Elec-
trio Company will be held January
II. This announcement was made to.
day and the notice of the meeting and
proxy form were maild to all stock
holders.
In conformity with a recent recon-
,snendation of the board of directors
the directorate of the company will
be increased from eleven to fifteen
members. and the personnel of this
board will be representative of all the
interests among stockholders. There
is no charge that the present di-
rectorate is not representative of the
interests of all stockholders, but with
the acquisition of a large block OF
the common stock by the voteholderS
protective committee it was decided
to enlarge the membership of the di-
rectorate.
Those Proposed as Proxies.
Those proposed as proxies in the
form sent out today to stockholders
are Edwin .. BranGenburg. William
7. Galliher and William F. Ham.
The directors elected at the last an
nual meeting of the stockholders and
who. with one exception. are still
members of the board. were: Milton
f. Allies. Charles J. Bell. Woodbury.
, Blair. William F. Ham. William Loeb
spalding, Col George Truesdell. Allen
G. Hoyt. Julius Garfinkle and D. j.
Callahan
Col George Truesdell resigned from
the directorate of the company at
yesterdays meeting of the board of
directors. Col. Truesdell announced
that it was necessary that he should
give personal attention to his ex-
tensive business interests in CALI
fornia, and he will leave for that state
. tomorrow. expecting to be absent
: from Washington about six months.
There is no other significance in Col
Truesdell's resignation than that he
is to be away from Washington for
some time. He is the dean of the
Washington Railway and Electric di-
rectorate. having been a member OF
the board since 1899. He is the plo-
neer electric traction man in the Dis
trict of Columbia, having built the
first electric railway line in WASH
ington.
Bethesda Banks Opening.
The official opening of the Bank oil
Bethesda yesterday was attended by
nearly everybody in the Bethesda
neighborhood and scores of persons
not residents of that neighborhood
called to express good wishes for the
new bank The banks reception COM
mittee was: VI. Wilson Offutt. chair
man: George c.. Bradley, jr.; Evans
Browne. w. c. Carroll. J. X. Ellls, r
=. harrington, Busey H. Howard. John
Imirie, James Kirkpatrick. Oscar w
.Larman, A. o. Lyons Charles 5. RoDp
4B. Peyton Whalen and Alfred wilson
Treasury Certificates.
Sales of Treasury certificates of IN
debtedness which were closed early
this week, amounted to S413-l2l,ooo'
according to an announcement from
the Treasury Department certlhcates
maturing February Is totalng sioZ.
17S.5O0, and those maturing March 10
reaching $3.50, 942.500. OF the total
amount the Richmond federal reserve
district, which includes Washington
absorbed S16,2S2,0 900.
Local Market Active.
8 Activity continued on the Washing
ton Stock Exchange today. One Poto-
mac Consolidated IS sold at iva
twenty-five shares of washington Gas
ut 4sZ, ten shares of Mergenthaler a;
1854 and twenty shares in two equa'
After call eight shares Of Washing,
ton Railway and Electric preferred
, sold a 56%, eighty shares OF Column
bfa Graphophone common at ~, nVe
shares Of the preferred at s4&. a
$1,000 Capital Traction per cent al
saA. three shares of Capital Traction
at soN and a $1,000 Potomac Electric
Consolidated per cent at sO5.