The Washington herald., 1921-01-19
REPORT PROFITS
HAVE INCREASED
: = ABOUT s2OO,OOO
american Security and
- Trust Company Has
= 90 Good Year.
MICHAEL ELECTED
80 -
Mount Vernon Savings Bank
.,..,. ~, Chooses New Officers
o-..e For 1921.

raa
The annual meeting OF the share
holders OF the American Security
and Trust Company was held yes
terday Charles J. Bell, the presi-
dent. submitted the annual report
Covering 1920. This report showed
that net profits had increased nearly
100000. The deposits were divided
as follows: Savings, S9,504,72S;
trust deposits, sSss,s50; time, S233,-
sss; demand deposits, s11,775,s17.
Tho following directors were re-
elected: Charles J. Bell, John B.
Boyd. George W. Brown, Albert
Carry, William NJ. Coates, William
S. corby, William c. Eustis, Will
lam W. Everett. william ]. Flather,
tr., Daniel Fraser. Cary T. Grayson.
James NJ. Green, Gilbert H. Gros-
yenor, r. Harrison Johnson, Joseph
Letter, G. Percy McGlue, Edward B.
Mclean, Howard Moran, Clarence
J.. Norment Newbold Noyes, Albert
M, Read. Howard 5. Reside. B. F.
Saul, James F. Shea, Charles A.
Spa1ding, Corcoran Thorn, John F.
Wilkins and Clarence r. Wilson.
- Following the meeting Of the di-
rectors officers were selected for
the following year, the result of the
ballot showing James c. Duhn, the
,ipcome tax expert, elected as as
-sistant secretary. All other officers
were reelected and are as follows:
Charles ]. Bell, president; Cor
Coran Thorn, vice president; B. F.
saul. vice president: Howard S.
Reeside, vice president; Howard
Moran, vice president; James F.
Hood, secretary: Charles f. Howe
treasurer: Alfred b Leet, trust off,
Ger; William L. Beale, real estate
Alfred c. Flather, manager new
business department: David N
Houston. assistant trust officer; T
Stanley Holland. assistant trust Of
ficeE; Kenneth F! Brooks, assistant
trust oficer; ]. Eliot Moran. assist
ant trust officer; Martin r. West.
assistant secretary: William w.
r7keck, assistant treasurer: John L..
EEDGtt. assistant treasurer: Edward
El& Swan, assistant treasurer; Hans
Nv. Ireland. assistant treasurer:
ssIichard E. Harris, assistant treas
3Iter; Percy c. Brady, assistant
etreasurer: Harry P. White, assistant
rtreasurer; John E. Benton. assistant
%tuditor. and James c. DuIin, jr.,
assistant secretary.
: The following directors were
-elected Cor the ensuing year at the
me eeting Of the stockholders of the
Mount Vernon Savings Bank, held
Tuesday. Dan. IS: James H Baden,
William r. Baum. Albert j. Berres,
sE &C. Dawson. DR.. J. Ryan Dew
~efeux. R. Golden Donaldson. B. F.
~Gjlmore, Walter ]. Harrison. Harry
w Hahn. Samuel J. Henry, Fred
Hewitt, William II. Johnston Dr.
"a F. Kose, Henry c. Moses. william
-eMuehleiseu, H. Glenn Phelps. Oscar
~. Ricketts,. DR.. ]. Townsend Rus
-sslL. Capt. W. H. Stayton. Col.
sCharles Cowles Tucker. A E. Tn
rgerer, H. S. Walcott and o. B. Zant-
Finger.
: >>ImmediateIy after the close Of the
stockholders meeting the newly
reiected directors organized, and the
-following officers were elected for
THE ensuing year: r. Golden Dom
.aldson, chairman of board: william
--Muehleisen, president; William H.
-Johnston. vice president: E. c. Da-
~vison. vice president; william r.
Baum. cashier: Robert T. Highfeld,
assistant cashier: R. Golden Dom
-aidsOn and c. c. Tucker. counsel.
Theodore Michael was reelected
president OF the North Capitol Saw
a-ings Bank at the annual meeting
s2of the directors yesterday afternoon.
Other officers reelected were: V.
&C. Dickey, B. L. Grove and George
sGagett, vice presidents; e. S. Bur
sEess. secretary; Eugene z. AL
Sdridge, assistant cashier. and Leo
A Rover attorney
The officers of the bank were
elected Immediately after the meet
sing at which directors were chosen
1for the ensuing year. The directors
-for 1921 are:
> E. S. Burgess, George CIagett V.
&C Dickey, o. c. Donahoo, Robert A.
-Dore, John A Eckert, H. c. Easter
Hday. Vernon VI. Green, B. l. Grove,
Edward F. Hall. Joseph A. Herbert,
lsr., Edward z. Johnstone, Theodore
michael, George E. Phillips, NJ. R.
sReady, Leo A Rover, Charles B.
Stewart. Leon S. Ulmsn, G. H. Wins
J. low. Charles z. Young and F. l.
zirkle.
8 ohicers at the Security Storage
Company were reelected at the an
nual meeting yesterday. Net earn
= ings of the company had increased
@over 20 per cent over last year.
: Directors chosen by the share
!. .holders OF the Washington Savings
= Bank yesterday were: Joseph B. ia
Soobs. Timothy Hanlon, John NJ.
= Trant. Earle F. F. Marean, James F.
Brennan, John r. Brown, George B..
!. Bryan, Nolen L Chew, John P. COL
-lins, Joseph A. Daily, William H.
= Gottlieb, Edward D. Walsh. John
ID. Leonard, Eliot V. Noyes, William
IN Phelan, William z. Russell, E. H.
Schirmer, Samuel J. Venable and ].
: Redmond Walsh.
- William NJ Phelon was elected as
: president of the bank, J. D. Leonard
eas vice president and treasurer.
= George B. Bryan, S. J. Venable and
James F. Brennan as vice presidents,
= and Robert Earnshaw and II a