The Washington herald., 1922-01-11
.SHAKE-UPS RESULT
AT ANNUAL BANK
ELECTIONS IN DC.
New Faces Will Appear
To Investing and
Saving Public.

A shake-up took place in the Dis
trict banking fraternity yesterday
at the annual elections Of stock
holders of all national banks and
many of the State savings banks
and trust companies. Organisation
meetings. in many cases, followed
the election of directors.
At the Commercial National Bank
r. Golden Donaldson. formerly
chairman of the board OF directors,
was put IN the presidents chair, re-
placing Rolfe Z. Boiling. whose
resisnation under date of November
10. last, was accepted. Harrington
Mills was elected first vice president
and chairman of the discount COM
mittee. Others comprising the Of
ficial family are as follows: James
B. Reynolds. vice PRESIDENT: James
II. Baden, vice president and
cashier; Laurence A. Slaughter. vice
president: Charles CowIes Tucker,
general counsel: Herbert v. Hunt,
assistant cashier: ]. Fendall Cain,
assistant cashier and manager for
eign exchange department.; Robert
A. Cissel. assistant cashier and au-
ditor: Walter J. Harrison, assistant
cashier. and T. BlackweIi Smith,
manager, savings department.
New Directors Chosen.
At the meeting of stockholders
held earlier in the day the following
directors were chosen: James H.
Baden, Charles E. Berry, Edmund ,
Brennan. Albert Garry, Charles A.
Carry, II. King Cornwell. II. Bradley
Davidson, E. c. Davidson, r. Gold
en- Donaldson, Holcombe G. johnson.
William H. Jobnston, Harrington
Mills, James B. Reynolds, James
Townsend Russell. James Sharp,
Laurence A. Slaughter and George
Tully Vaughan.
Mr. Donaldson, the new president.
has been interested in the bank for
more than ten years. For eighteen
months he has been chairman of
the board of directors. He was one
OF the principal organizers of the
Mount Vernon Savings Bank about
eighteen months ago and is chair
man Of the board of that institu-
tion.
Owns Large Hotels.
Harrington Mills is the owner
and operator of prominent hotels,
including the Grafton and Harring-
ton hotels in this city, the Saranac
Inn in the Adlrondacks. the I'm
perial at Narragans0 Pier and
White Face Inn on Lake Placid.
1t is understood that he has re-
Gently purchased considerable
stock holding in the bank. He is
to be an active officer on duty at
the institution.
James B. Reynolds, who was re-
elected yesterday. was first elected
vice president Of the Commercial a
year ago. He has lived in WASH
ington for many years. For five
years he was Assistant Secretary of
the Treasury and later a member
Of the Tariff Board. During the
last few months he has, at the
special request of the Secretary of
the Treasury. organized and con-
Quoted an investigation into selling
prices of domestic and imported
products for the use of the Finance
Committee OF the Senate in framing
the new tariff bill.
Long In Field.
James H. Baden has been in the
banking business in various finan-
cial institutions in the city OF
Washington during all of his busi-
ness life. He Is one of the best
known younger banking men. He
has been cashier of the Commercial.
for the past two years. His elec-
tion now to the combined office of
vice president and cashier is recog-
nized as a well-merited promotion.
Mr.. Slaughter In one of the most
prominent OF the younger banking
men of the city. He has had a
thorough training in various local
banks for fifteen years. For i've
years he has been vice president
and manager of the Dupont National
Bank. which Institution he left yes
terday to take up his new duties
with the Commercial.
r. E. Boiling. the retiring presi-
Cauffnoed on Dan, EIorrsa