Evening star., 1920-01-18
EIGHT NEW BOARD
MEMBERSCHOSEN
|NW,R. T. CHANGE
Four Directors Retire and
Increase of Four Made in
Total Number.

Eight new men, several OF whom
are known as active civic workers.
were elected to the board of directors
of the Washington Railway and Elec-
trio Company at the annual voting OF
the stockholders yesterday.
The new men are: Robert N. Har-
per, president of the Chamber OF COM
merce and the District National BANK
Edwin C. Brandenburg, former pres
ident of the Board of Trade; William
T. Galliher, president of the Amer1-
can National Bank and also a for
mer head of the Board Of Trade; Guy
T. Scott of the Continental Trust
Company; George w. White, president
of the National Metropolitan Bank; !;
William E. Cadwallader of the Com
mercial National Bank, Maj. Lennard
H Mitchell and Harold B. Thorne of
the Metropolitan Trust Company OF
New York.
The other directors. who were re-
elected, are: Milton E. Allies. Charles
j. Bell, Woodbury. Blair. Daniel ].
Callahan. julius Garfinkle. William F.
Ham and Clarence F. Norment.
There were 92,139 out OF possible
100000 shares voting.
Following their election. the direc-
tors went into session and reelected
William F. Ham president Of the com
pany Other officers were elected as
follows: S. r. Bowen. vice president
and secretary: Allen G. Hoyt. vice
G. Neal, controller. and w. L. Clarke.
assistant secretary and assistant
treasurer.
Maximum Number on Board.
With the election of eight new d.
rectors yesterday, the board now is
made up of fifteen, the maximum
number under the constitution. Last
year there were eleven. Four OF the
old directors retired, and the creation
of four additional positions made
eight to be filled yesterday.
Milton E. Allies was made chairman
of the board of directors and the 1oi-
lowing were named on the executive
committee: Clarence F. Norment'
Milton E. Allies. Charles J. Bell. Wood
bury Blair, william T. Galliher. Rob
ert N. Harper, Edwin c. Brandenburg
and Mr.. Ham. ex-officio.
The auditing committee will con-
sist Of Mr.. Blair. Mr.. White and Maj.
Mitchell.
After the election of officers had
cussed Informally the question Of a
merger with the Capital Traction
Company. The proposal of Mr.. Ham
in his annual report that a merger
might be brought about on a. service
at-cost basis, was talked over.
the new directors chosen yesterday
is in favor of taking definite steps
toward a ,.consolidation as early as
possible. He said last night he did
not know how soon it would be pos
sible to bring up the subject for
action.
"The new directors" he said. 'are
going to act with caution. and nat
ura1ly will be guided to an extent by
the older members Of the board.
There are other matters which must
be disposed of before steps toward a
merger can be taken"
The feeling seems to be spreading
among civic leaders that the city is
nearer a merger now than it ever
has been.
Mr.. Hams Annual Report.
mitted to the stockholders yesterday,
showed that the company carried
113,074,119 passengers during the
carried on transfers. This is an in
crease in total passengers carried of
s,7s7,057. or 8.4 per cent.
The report also discloses the fact
that the Potomac Electric Power
Company gained $500 customers dur
ing the year. the number going from
37.757 to 41,557. 1t stated in part:
was 204,008.647 kilowatt hours, 18 per
cent greater than ever before. The
older plant at 14th and B streets is
now used almost exclusively for the
furnishing Of steam heat to govern
ment buildings To properly meet the
demands of its customers the Poto-
mac company has gone forward
throughout the year greatly expand
ing its plant. A new 20, 0,oo0-kilowatt
turbine has been installed, together
with necessary boilers and other
equipment, including additions to the
power plant building, additional ap-
paratus in the substations and extern
sions to its distribution system. The
total capital expenditures of the Po-
tomac company for the year amount
ed to 1851, 1852. to provide for
general mortgage per cent bonds
were issued and sold at a discount
fairly comparable with that obtained
by other public utilities companies.
1.-The total bonded debt of the Wash
ington Railway and Electric Com
pany and it's subsidiary companies,
including the Potomac Electric Power
Company. is now $30,576,350, which,
added to the SIS, 900. 900 capital stock
Of the parent company and $107,25O
outstanding capital stock Of sub
sidiary companies. makes the total
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