The Washington herald., 1921-01-23
BUILDING ASSOCIATIONS STRIVING TO EDUCATE PUBLIC Own
Assist People of Limited
Means Acquire Quarters
Quarter of Million Dollars, But De-
;. mand for Funds Exceeds Supply.

According to c. Clinton James,
! president Of the Building Associa-
.tion Council for the District OF Co
lumbia, the building associations
of the District of Columbia show a
very substantial growth during the
year 1920 While all the figures
/, are not in, il is estimated that the
total assets in building associa
tiORs will be over S2S,0OO,OOO. The
building associations throughout
the country are teaching thrift and
trying to educate the public to own
their own homes.
The motto Of the United States
League of Local Building and Loan
Associations is The American Home
the Safeguard of American Liber-
Nes,'" said Mr.. James. I'VE believe
that a man who owns his own home
will not be a BolshevfkI or a Red.
The building associations have as
sisted very largely in solving the
housing question by assisting per-
sons of limited means TO finance the
buying Of their homes, but the de-
mand for loans has been much
greater than the funds availa BILE.
While We have S2S.0OO.OOO in as
sets in the District OF Columbia and
about $4,000 persons members of
building associations, we ought to
have twice as much money to take
care Of the demands for loans on
real estate
The men who will manage the af-
fairs Of the various associations
throughout the District OF Columbia
for the year 1921 are as follows:
American Building Association.
500 B street northwest-President
Louis Hartig; Vice President Aug
ust Getz; secretary. Chas. H. Kindle;
Treasurer, Guy NJ. Neely, directors
Julius EgIoff. Guy NJ. Neely. Lloyd
B. Brooke, John 5. Byers, VIM. \.
HettiR&sr.. Adolph Feldvoss, Chas.
. Katte.mann, Francis E. Smith,
George W. Slater.
BrookIand Building Association,
Tenth and G streets northwest
President, F. r. Horner: vice presi-
dent. F. A Holton: secretary, A. NJ.
McLachIen; directors, H. c. Duffey,
p. 4. HoIton, James F. Hood, T. C
Thomas. F. r. Horner, John A. Mas
sic. A. NJ. McLachlen, F. J. Metcalf,
J. L. Marshall; attorney, E. H. Nc
Lachlen.
Citizens Equitable Building AssO-
cIatiOn of Georgetown, meets sec
NJ street northwest. - President,
Thomas ]. Stanton; vice president
@. E. Van Orstand; secretary. Rob
ert Z. Mayheld; treasurer, H. L. Sell
by: directors, P. F. Carr. Joseph c.
Murray, Louis J. Silyerman, r. Z.
Layton, J. Leo Kolb, John Hadley
Doyle and Isaac Birch.
Columbia Permanent Building As
sociatiOn, Seventh and E streets
southwest. - President, Melvin c.
Hazen: vice president. VIM. P. Rich
ards; treasurer, Floyd E. Davis; sec
rotary, Clarence l. GessfOrd; direc-
tors, Henry P. West, Melvin c.
Hazen. Clarence I. Gessford, Floyd
+. Davis, Nathan HaZen, Thomas
Bones. Alfred H. Taylor, Alpheus f.
Riddle. VIM. P. Richards; attorney,
c. Clinton James; trustees. DR.. Err
nest NJ. Colvin and Walter G. Davis.
District Building and Loan Asso-
citation. 1883 Munsey Building-Pres-
ident, VIM. z. Fowler; vice presi-
dent, George 5. DeNeale; treasurer,
Theodore Picard; secretary. VIM. S.
Quinter: directors. in addition to the
above-named officers, J. Benson
Thomas. Harry Sherry, VIM. H. War
ner. Charles NJ. Keefer. Byron E.
hinton, Welby G. SmallwOOd, ].
Shulman and Miss Anna H. Hagan.
Eastern Building and Loan Asso-
citation, 336 Pennsylvania avenue
sOutheast-President. Alexander Nc
kenzie; vice president, James E.
Hutchinson; treasurer. George r.
Repetti: secretary. VIM. n. Payne,
Jr-' assistant secretary, Grace Dan
by; attorney, Walter H NARROW, ~
directors, VIM. Fl. Harmer. George
i. Repetti. Clarence F. Donohoe,
James E Hutchinson. Alexander Nc
kenzie, VIM. n. Payne jr., William
H. Yost, Maurice Otterback and Dr..
Wilson P Malone.
Enterprise Serial Building Asso-
citation, 643 Louisiana avenue north
west - President. Bernard Leonard :
vice president, James E. Connolly: