Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-01-14
TODAY IS BANK DAY
Majority of National Institutions
Elect Directors

financial district because stocNnoiueIS
of the ma jority of national banks In this
city and throughout the country meet
on the second Tuesday in January or I
each year for the annual election 3i
directors. In some cases the newly
chosen boards also meet for the choos
ing of officers, although others do not
organize until the third weeks direc-
tors meeting
The, meetings in this city were h. menrlS
in boards were made. virtually the only
new directors chosen being those to fill
vacancies caused by deaths or resigna-
tons.
All the former directors of the Corn
Exchange National Bank were elected
and, in addition, Ira Vaughan. or Dun.
gan Hood & Co.. Inc, manufacturers or
glazed kid, and Alan ID. Wood. OF the
Alan Wood Iron and Steel Company.
At the annual meeting of the First
National Bank. the National Security.
the Ninth National, the Philadelphia
National. the Central National. the
Iighth National. the Southwestern Ma
tional the Second National. Real Estate
Trust. Insurance Company Of North
America. the Northwestern National and
the Centennial National directors were
reelected without change.
At a meeting of the stockholders of
the National Bank of Germantown. Ger
mantown avenue and School Lane, the
directors We're reelected without oppo-
siticn and luncheon was served to stock
holders. directors and their friends after
on TUESDAY morning from O'Clock
to $3.50, the new directors will meet
TO elect officers.
W.. Averell Hartman, of New York,
and George T. TYLER, Of this city, are
Two new members of the Fourth Street
rman is president of the Merchants
Sjhipbui,ding Corporation and of the
/ Chester Shipbuilding Company. Mr..
/ Tyler is son Of Sidney f. Tyler
At the Quaker City National Bank
election Maurice w. Sloan and Alois +.
Datz who We're elected 10 the board
for a full term.
I Manayunk National Bank stocliho,d-
I ers elected John Jacobs and II. Bruce
/ is president of the Philadelphia Paper
Manufacturing Company, and Mr.. wal
lace was lately elected president OF the
bank.
Henry NJ. McAdoo and Norman *.
Conderman We're elected as new mem
hers of the board of the Union Ma
tional Bank The former succeeds the
iate Aaron Cans and the latter his
/ father. Theodore II. Conderman' de-
ceased,
Tenth National Bank stockholuers re-
.larted directors, but did not MI the
vacancy cause by the death or waiter
Scott during The year.
AT the Kensington National Bank ".
w Price and Edwin B. Malone, VINO
were recently elected TO the board TO
an vacancies, were elected for full
term, Other directors were reelected
At the Sixth National Bank no change
was made in the board. The vacancy
caused by the resignation during the
vear of Louis j. ko!b was not filled, re-
Gucing the board TO ten members
Jerome II. Louchheim, president of the
Eeystone STATE Construction Company,
orG Lcdmund Williams are new members
aiected TO the board of the Tradesmen's S
National Bank. The directorate was in
creased from fourteen TO fifteen mem
hers, there having been one vacancy.
Jacob Michel, Jr,, succeeded the late
T IL. Beatty aN a director of the Mer-
chants' Warehouse Company at its an
nual meeting TO-DAY