Evening star., 1924-07-17
DISTRICT WOMAN !,
BANKER HONORED
Mrs. Helena D. Reed Made
Chairman of important In
stitute Committee.
BY CHAS. p. sHAEFFFR.

BY CHAS. p. sHAEFFFR,
Mrs. Helena DOGGY Reed OF th3s citS.
was this morning elected chairman
OF the National women.s Comnittes
oi .he American Institute of Banking
the highest Office the association
mas 70 oHer women. The election was
heid In Baltimore, where the institute
is holding it's annual conclave.
Inc National Women's Committee.
'hrough its IL members, comprising
from each Federal Reserve District.
urges the study and encourages en-.
roilment in the classes of the insti- .
tute for the better understanding Of
the principles Of manking among women
throughout the United States. This
naturally increases their value to
their respective institutions, qualities
them for more responsible positions
and, through committee and chapter
activities, acquaints them with each
other and with opportunities for ad.
YanCement.
Mrs. Reed has already carved quite
an enviable reputation for herself IN.
l)istT1ct banking annals. She was made
chairman Of the first Women's COM
mlttce OF the Washington Chapter Of
the institute, and was. the first woman
honored with election TO its board OF
governors She has filled the role ~
private secretary to r Golden Dons d
son, head of the Commercial National
Bauk, for the last four years. and n
addition, is actively engaged in Give
WORK. taking a prominent part in val
Gus business and professional woni,n.
organizations. being a member of It's
board OF the Women's Bar Associatfo,.
and a member of the beard OF tLt
Soroptimist Club of the District. /
The total membership of the Ame: y
can Institute OF Banking, which is taa
educational section Of the Americs.l
Bankers Association. is approximate ;
$1,000, Of which number about 700
are women.
Bond Plan Operative.
The adjustment plan of the Mich
igan Railroad Company, with respe.
TO the 81 i,550.OO0 first mortgage fiv--
year 6 per cent gold bonds, which
fell due May l last, has been declared
operative by the board of directors
of the carrier.
This plan substantially provides
for the deposit of a least IS per
cent in principal amount Of the bonds.
the holders receiving similar bonds
with an extension OF ten years in
maturity, and as bonus $500 par
value Of Michigan Railroad Company
per cent preferred stock. More
than this proportion have been de-
posted. the company AYERS.
These. securities were given large
circulation locally. in order thai
bondholders who have not yet deposit
ed their bonds may have the oppo--
tunity to participate in the benefits
OF the plan, tho time during whir'l
deposits may be made has been eX-
tended 10 the close OF business Au-
gust !, 1924. They should be fnr-
warded to the National City RanI
Of New York. the depositary uud,-
the deposit agreement.
Entertainment Plans Lavish
Everything is in readiness for tHe
reception and entertainment OF l.4np
visiting delegates TO the annual con
vention of the American institute Of
Banking in Baltimore. who will ar
live in Washington Saturday morn
ing.
Lavish plans have been pro-
nul ulgated for their benefit. a mayor
feature being sightseeing cruise ,
to the many points of interest in ana
around town. Beginning at 10 o'cIoc'l
they will be taken to Mount Vernon
by boat. returning at in the after
noon. Then an automobile tour Will
ansue, taking in the business and
residential sections of the town, Fort
Myer Arlington. the parks. etc,
ending at Ihe EllipSe at ; o clock in
time for the Marine Band concert.
The Pan-American Building and the
National Museum VIII observe late
hours on this day for the guests, and
a reception will be held at the
museum from : to II o'clock. The
visitors will leave late in the eve
ming
Company in Good Condition.
Directors of the Southern BuIld-
ing Company, of which Allan t..
Walker is president, this morning de-
l.r ri IT