Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-03-07
BUILDING Of BANK
TOBEG|N At ONCE
FederaI-American Directors
Approve Plans for Costly
New Home. !

Directors of the Federal-American
National Bank have UNANIMOUSLY re-
affirmed plans for a monumental
bank building, with stores on the first
moor; the architects have filed the
specifications with the District
authorities, and the building commit
tee has been empowered to act, 1t
was announced this morning by John
Poole, president of the institution.
Work will begin in earnest in the
very near future, 1t was said.
Core behring's on the site Of the new
location, 14th and G streets, were
made yesterday to determine the
strata. Sinkings of forty feet on
the corners and in the center of the
property proved entirely satisfactory,
it is said
The structure will rank with the
contain an elevated banking room, a
unique feature in local architecture.
To reach this elevated room a few
VIDE, easy stairs and a battery or
elevators will take all customers to
the tellers cages and the officers
quarters with greatest possible ease.
Whlle the advantages gained are held
or greater benefit by the officers. The
ground floor, they point out, often
seems crowded, but the raised room!
VIII be more commodious, have bet
/ ter light and air, free from street dust
and removed from the noise of pass
ing traffic
The building itself, eighty-odd feet
! long on both street fronts and rails
| ing itself about seventy feet high.
will be in the true southern colonial
style of architecture. 1t will be Of
stone throughout, of light creamisk
color, with great arched windows.
twenty-five feet high which will flood
the interior at all times with day
light and fresh air
customers will enter a marble-lfne
veStibule about eighteen feet square
situated in the middle Of the facade
on 18th street Immediately inside
the revolving doors will be an eight
foot monumental staircase, fianked on
either side by the latest type of easy
running. elevators to carry the Gus
| reach the main banking floor. : These
elevators will be equipped with the
new leyelling device, which will
enable them to stop within an eighth
of an. inch of the floor without VIA
bration.
The structure Will be so erected that
additional stories can be added when
ever desired. thus converting the edi-
fee into an office building at the
Institutions option.
The revised plans also call for an
enlarged basement area extending
to the street curb on both sides OF
the building instead of only to the
basement as originally intended. Also,
the mezzanine around the bank is
to be widened to eighteen feet.
The safe deposit department will
be placed in the basement with d
capacity of 5000 boxes.
Alfred c. Blossom is the architect
in charge, assisted by ]. II. de Sibour
of local fame. MIR. Bosom was re-
Gently decorated by the British In
stitute of Royal Architects, the only
American to be given this honor.
Stock Listed on Local Board.
The per cent cumulative preferred
stock of the National Mortgage and
Investment Company has been listed
on the Washington Stock Exchange.
The total number of shares listed Is
364, 604, representing pald-ln capital
of s2,S3S,9S7 OF that amount So
i14.s5o is for shares fully paid in and
the remainder for subscriptions par
TALLY paid for.
Cheat-Proof Checks.
A new form Of check has been in
troduced by the Coal and Iron Ma
tional Bank of New York city.
This check cannot be raised to any
appreciable extent if it happens to
person. There are figures on the
left hand of the face Of the check
which correspond approximately to
any amount which may be drawn
from 81 to $4,000. BY inserting
| these figures on the check under an
! ingenious metal cutter. which Is
riveted to the inside front cover of
| the check book, the lefthand edge Of
! the check may be torn in suc.. u
! manner that the highest figure re-
naming corresponds to the amounx
| for which the check is drawn.
Thus, if the check is for 1915 the
| lefthand edge may be torn so that
| the highest figure left on this cut
section will read $40. This means
| that a person will be unable to raise
| the check above $40.
Exchange Trading Quiet.
Local securities retained their
strong position in today's light SEES
sion on the local board. Railway pre-
ferred sold to the extent of As shares.
registering net gain of 12h cents
to "A. Gas was strong at so, Mergen-
| thaler sold at 154h2, and Merchants
Bank and Trust Company brought
1895.