The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-01-17
E.A.FENNING ADDED
TO DIRECTORATE
OF DISTRICT TRUST
National S avings and
Trust Declares Usual
And Extra Dividends.
OTHER LOCAL NOTES
Continental Trust Stock Drops
On Board; Chevy Chase
Savings Renames Officers.

Frederick A. Fenning was added
to the directorate of the National
Savings and Trust Company at the
yearly meeting of stockholders Of
that institution yesterday. Other
directors were reelected.
IMMEDIATELY following this eles.-
tion, directors of the institution met
and declared the usual quarterly
dividend of 21i per cent. together
with an extra dividend of 2h per
cent, both payable February to
stockholders of record January 81.
All officers were reelected for the
ensuing year. the official roster
consisting of the following:
william L. Hoover. president;
Frank W. Stone. second vice presi-
dent; Frank .Stetson, trust officer;
Charles c. Lamborn. treasurer; z.
Percival Wilson, secretary: Frank
d. Ullmer, assistant treasurer and
assistant secretary; Bruce Baird.
assistant Eust officer. and David
Rornet, assistant trust officer.
y The institution, as can be evil
denced by the extra dividend decla-
ration. has enjoyed a decidedly
prosperous year.
Local Securities.
Trading in stock of the Continen-
tai Trust Company held the atten-
ton Of traders on the Washington
Stock Exchange yesterday. This
issue opened at ssia on two sales
of five shares each. then declined to
% on the succeeding sales involv-
ing sixty shares in ten-shsre sales.
and further declining to 971s on the
following sales aggregating TWEEN
ty-five shares. Mergenthaler Limo
type. held firm at 12s
In tn bond class: $500 Potomac
Electric general mortgage IS sold
at 80. Capital Traction IS sold to
the extent of $1,000 at s5k.
Call funds were offered at per
cent with 5 per cent bid.
supply Corp. Lectures.
Robert v. Fleming. vice presI-
dent and cashier of Riggs National
Bank. addressed navy officers. Sup
ply Corps, yesterday on "Transits."
This afternoon, r. W. Hynson.
manager National City Company,
will speak on Income Tax"
Chevy Chase Bank Election.
At the annual election of direc-
>Cors of the Chevy Chase Savings
Bank held yesterday the following
officers were reelected for the en-
suing year: President. Edward II.
/ Jones: first vice president, Thomas
w Perry; second vice president.
Fred W. Mackenzie: secretary. DR..
TrunJsu Able; cashier. J. E. Troth
and counsel. Paul Sleman.
Directors expressed satisfaction
over the steady progress the insti-
a.. II L.
a gain of approximately $4,000
over figures as of the close OF BUSH
ness December 81.
Henry Named Head.
S. ]. Henry. member Of F. II.
Smith Company. has been elected
president Of the Southern Maryland
Trust Company. Seat Pleasant. Nd.
by directors of that institution
Mr.. Henry fills the vacancy
caused by the death of Francis S.
Carmody. Other officers elected
were as follows: Hubert T. Plaster,
first vice president and secretary;
W. s. Collins, vice president; Mary
liz Myers. treasurer. and A. l..
Phillips, assistant treasurer.
The directors elected for the
wear, are: B. E. Behrend, r. F..
brown, q. NJ. Brady. ]. c. CLANCY.
|W. S. Collins. G.. S. Cooper. L. A.
Griffith, s. Henry. William II.
Lacy, NJ. c. McNab. VI. E. Myers, G..
Drawn Pitts. Hubert T. Plaster. B.
IL. Redmond and F. A. Van Reuth.
The Southern Maryland Trust
l Company has a capital Of $1oO,OOu
md surplus of $4,000.
Comptroller CrissinEer to Speak.
Comptroller. of the Currency d. r.
CrissinEer will address the MEM
bers. of the Civilian Club at their
regular bimonthly meeting at the
Hotel Shoreham today.
A. I. Of b. Lectures.
C. II. Thompson of the Washing
ton Loan and Trust Company will
address the elementary class of the
Washington chapter of the Ameri-
can Institute of Banking tonight
land the advance class on Thursday
aixht. on both occasions Mr..
h Thompson will take as his subject,
BILLS of Lading and Other Docu-
Iments." when he will touch on
|'"straiEht or order bills. warehouse
receipts. negotiability, as security"