Evening star. [volume] (Washington, D.C.) 1854-1972, 1923-01-14


ers' meetings of local financial instf-
tutions having been held, directors
elected and officers chosen, only a
! few banks. trust companies and pub
lie utility corporations remain to put
their houses in order for 1928, and by
the end of this week virtually all will
have. met and settled down to bust
ness
OF the trust companies still to hold
annual meetings, The National Saw
ings and Trust Company will elect
directors, organize and choose officers
tomorrow, and the American Security
and Trust Company on Tuesday. The
Security Storage Company will also
meet Tuesday, while the recently
elected directorate of the Northeast
Savings Bank will organize ON the
same day to elect officers for the en-
suing year. and the Mount Vernon
Savings Bank will hold its annual
stockholders meeting. The North
| Capitol Savings Bank Will also hold
Its annual meeting this date.
On Thursday the Commercial Ma
tional Banks directorate will organ
izc and elect officers. while on Satur-
day the Washington Railway and
Electric Company will hold its annual
meeting.
Election of officers of the National
Bank of Washington by it's 923 board
of directors. which was chosen last
week. will be held the last day of
this month, while the annual meet
ings of the Washington Gas Light
Company and the Norfolk and Wash
ington Steamboat Company will not
be held until the first Monday and
second Thursday in February, respec-
lively.
Soi5o,., a.. A. t,;..o.,. ~ IoooI y, -
ing have so few changes taken place
in the official personnel of Washing
ton financial institutions as this year,
and with the exception of several pro-
motions and additions, virtually all
who served in official capacity in 1922
are back to their desks at present.
Federal-American Election.
At a meeting of directors Of the
Federal American National Bank,
| held Thursday. the following officers
were reelected to serve for the en-
suing year: John Poole, president;
William j. Eynon, w. j. Waller and
Charles d. Lyddane, vice presidents;
Mitchell, William NJ. Seay and II. H
Shackleford, assistant cashiers: Will
liam c. Johnson, executive assistant,
and Leon Tobriner, general counsel.
International Exchange Bank.
/ At the election Of officers, following
| the organization of directors chosen
/ by the International Exchange Bank,
at its annual shareholders meeting.
i X. Gordon Finney. former natiCIal
! bank examiner for the District of Co
, lumbia, was installed as vice presi-
dent.
| All other officers of the institution
! were reelected to serve during 1928.
They We're: Joseph Schiavone. presi-
! dent; Dr. Milton II. Prospect, vice
president; A. C. Machler. acting
cashier; J; A.. Dorritee, assistant
! Directors elected for the year were
as follows: James E. Alexander, John
/ b. Facchina, r. Gordon Finney. RAT
/ faele Prancione, L. Y. Freudberg.
Anthony A. GULL, j. c. Harding. Fer
Ter. Lawrence ]. Mills, Francis l.. Neu-
beck. H. L. offutt, jr.; DR.. Milton H.
! Prospect, Joseph Puglisi. Joseph
Schiavone, s. NJ. Selinger. Alfonso
John Zanier and Samuel 3. Weinstefn.
| Deposits of the bank at the close of
! business January IL. it was an
nounced, totaled S406,1So.i4.
Bankers Association Meeting.
| The District of Columbia Bankers
Association will meet tomorrow night.
when many matters pertinent to the
! financial interests of the District Will
i be discussed. The committee on the
Forthcoming dinner to be held jointly
with the Washington Stock Exchange
! Association at the New Willard Hotel
Saturday night will also report on
progress made in arrangements to
date. According to Joshua Evans, jr.,
chairman of the general committee,
an unprecedented attendance IS
Hooked for, and that an entertaining
program will be presented is assured
| by those in charge of the affair.
| Eugene Z. Thompson, head of Crane,
Paris & Co, who has charge of the
| invitations, is convinced that fully 900
guests will be present at the banquet.
He bases this estimate on the ac-
ceptances already received.
!! George o. watson, president of the
Liberty National Bank. and Frank G..
Addison, jr.. vice president of the Sc
have charge of the printing. promise
some rare matter in the way of jibes
and jests. Thomas Brahany, invest
ment broker. has been called in to as
| Sist in this respect, and all knowing
| Mr.. Brahany feel confident of his
! capabilities.
Mount Pleasant Historic Spot.
For the benefit of those who were
not in receipt of the attractive
| souvenirs, presenting brief history
| of Mount Pleasant. given away at the
| opening of the Riggs Banks branch
night, it might be interesting to quote
few paragraphs from the volume.
which had to do with the story of
I that evergrowing section.
THAT part of the District" goes the
story, which now bears the name of
J Mount Pleasant was detached from
; the patent of Lord Baltimore, and
| appears to have descended through
! Robert Peter and Eliphas Douglas to
Anthony Holmead, great-grandfather
| of William Holmead, proprietor of
quite a large portion of the original
estate lying east of 14th street road.
For many years a famous race
course was located here. and occupied
which the village now stands.
"rhe track was an exact circle, one
mile in extent, and swept around on
both sides of where 14th street now
| is and between the house of Mr. Mat
|! tingly and the old Georgetown road
| running east and west, then between
the college property and the Sherman
property Chat is, the northern ex-
tremity was just south of what is to-
day Park road).
Old Race Course Popular.
The pamphlet states that W. B.
Bryan, in his History of the National
CapitaP' has an interesting paragraph
on this old race course. as follows:
The spectators in November 1903
when Rev. Mr.. Cutler attended as he
noted in his journal, were between
three and four thousand.
Both Rev. Mr.. Coulter and John
Quincy Adams, who were from New
England, where horse racing was I'M
known, record in their memoirs that
they gratified their curiosity by be-
ing present. The carriage people, so
Mr.. Cutler states, were ranged; in
lines on the outside of the circular
track, which was fifty feet wide and
one mile in extent. Within the cir
Gle was a cluster of wooden refresh
ment booths having fiat roofs, from
which people viewed the races. Those
on horseback followed the contest
ants along the course.
THE popularity of this old race
nnIIrCas tho hnnllaf