Evening star., 1920-03-11
NEW HOME
| HAS MANY VISITORS
Depositors and Friends In
spects Liberty Nationals
Quarters.

of depositors, with their friends, visit
ed the new home of the Liberty Ma
tional Bank. 18th and ! streets, to in
spect the structure just completed ant
to congratulate the officials and di'
rectors of the institution on the sue
cess achieved since the banks organ.
ization in 1917.
! The new building. which is one OF
the most modern and commodious il
Washington, was decorated with flow
ers and ferns, gifts from many of the
other banking institutions in the city
wishing the infant national bank o1
| the Capital success and good luck.
George .. Watson. president OF the
| institution assisted by Edward j. Nc
! Quade cashier. and at different inter
! walls during the day by other officers
and directors, was kept busy show
ing the visitors over the new building
! The Liberty Savings Bank was Or
| ganized in October. 1917. Today marks
| the first day under its new charter as
| i national bank.
George Q. Watson. president. began
his banking career with the National
Capital Bank of this city. He was
one of the organizers and president OF
the Anacostia Savings Bank. and aft
intervals for the Union Savings, Com
mercial National and National Metro
politan banks of Washington.
Edward J. McQuade. cashier. has
acted as its treasurer ever since its
inception. having been elevated to
his present position at the last meet
ing of the stockholders. He was one
of the organizers. and served at one
time as vice president of the old Citi-
ZenS' Savings Bank. which was con-
solidated in 1913 with the District Ma
tional Bank. He is past president
of the Washington Chapter. American
Institute of Banking. and a mem ber
organization.
Mr.. McQuade is one of the two
Washington directors of the >Iergen-
thaler Linotype Company of New
York.
The other officers of the Liberty Ma
tional Bank include DR. William l..
Robins and Grant W. Taylor. vice
presidents. and ]. 3. Skinner. assist
ant cashier. The directors arc Charles
A. Camalier. S. T. Cameron. NJ. o.
Chance. Judson T. Gull. jr.: Paul T..
Johnson. George l.. Darssen. +. !.
Neuneyer, James ODonnell. DR.. Will
liam l.. Robins. Grant w. Taylor,
Eugene f. Thompson. George Q. Wal
son and William Fl. McCray.
The. bank will, remain open until Q
pm. during the rest Of the week for the
convenience of visitors.
Announcement was made last night
that Samuel r. Baulsir had been ap-
pointed cashier of the Security. Saw
ings and Commercial Bank to fill the
vacancy caused by the resignation re-
Gently of William r. Baum.
the National Bank of Washington
and has been connected with the
banking business for twenty three
years. He began his career as a run
ner for the old Central Bank. which
was later absorbed by the National
Bank of Washington. He worked his
way up through the various depart
ments of the bank and several years
ago was promoted to the position of
assistant cashier He was educated
in the public schools here and at
tended the classes of the Washington
Banking.
At a meeting of the directors of the
Security Savings and Commercial
Bank held yesterday the regular
quarterly 3 pe- cent dividend on the
banks capital stock was declared.
The dividend is payable March 81 to
shareholders of record March 20.
Increased Undivided Profits.
At meeting of the directors of the
Washington Loan and Trust Company
held yesterday, it was voted to trans
fer 100000 from undivided profits to
the banks surplus fund This makes
the banks total surplus sl,3o0,0o0.
John h. Larner president of the
bank. has returned from a two-week
vacation spent at Augusta. Ga.
stock Exchange Inactive.
Trading on the local stock exchange
was very light today. Two shares of
Washington Gas sold at As. and five
shares of. American Security and
Trust brought 235.
After call two shares of Commercial
National Bank changed hands at
1872 l.. and two shares of Washington
Gas brought As. There was also one
$500 Washington Gas 5s sold at Sta