Evening star., 1925-07-17
OFFICERS ELECTED
FOR COMING YEAR
J. L. Sherwood Heads North
east Building Association.
Other Financial Notes.

James L. Sherwood was reelected
president of the Northeast Building
Association at the annual meeting of
directors today. Other officers re-
elected were: w. Charles Heitmuller
first vice president; John L. Knopp.
second vice president; s. S. Symons.
secretary; Allen Il. Cowles. assistant
secretary; Frank NJ. Hatley. treas
urer, and William s. Torbert, counsel
AT d prior meeting of the stock
holders the following were elected di-
rectors:
II. {. Althon. L. L. Anderson. X. :.
Armstrong, y. u. Baron. Julian =
Belfield, Theodore l.. Block, Allen l.
Cowles, J. d. Donovan. J. Z. Dono-
van, W. j. Dow, a. L. Foster, Frank
NJ. Hatley, w. Charles HeitmulIer.
Thomas p. Hickman. Alfred JEFFREY.
John l.. Kause, Henry ]. Klein. John
L. knopp, Thomas L. Mallon Red
mond Mayo, James +. Payne. Charles
=. Sener, James l.. Sherwood, Joseph
7. Stubener, S. :. Symons. Roy J.
SWenson, John J. Tobin, William :
Torbert and y. J. Ward.
New Building Plans Consummated.
A number of investment houses have
already engaged accommodations IN
erected at New York avenue and
tfteenth street, 1t was announced 10
DAY by Albert o. Hagar, president Of
city Central Corporation and head of
the syndicate about TO erect the
structure.
Names of the houses have no,
been revealed, nor those of Other
tenants, already signed, but it is
Understood a substantial part Of the
ground floor and basement are al
ready leased.
The big banking rooms viii occupy
the second and third stories front.
with entrances from the three streets.
New York avenue, Fifteenth street
and G street.
Every detail OF the financing dc
signing and construction of the new
demolition will start at once Nr.
Iagar stated today.
Dividend Checks Sent Out
Stockholders are receiving from the
International Bank the regular semi
annual dividend declared July ! Of s.
per share. This dividend totals S5J 5000.
John r. Waller, president of the bank,
who has been making an inspection
tour through the West and Southwest,
has left Duluth for Washington.
Sees Splendid Crop Outlook.
J. r. Kenly. president of the Atlantic
Coast Line Railroad. SAYS business is
holding up well along the company
lines, June earnings having been as
good, II not better. than last year
Il never have seen the crops cotton
and tobacco especially. looking better,
particularly at this time Of year"
Road Scores {. & o. Methods.
The Norfolk and Western Railroad
has filed a brief with the Interstate
Commerce Commission in which ex-
Ception is taken to competitive prac
tees alleged 10 be INDUCED in by the
Chesapeake and Ohio from the to-
bacCo country. Three years ago the
Norfolk and Western had the bulk of
the trade, according TO adyices from
Richmond, but through the methods of
the Chesapeake. the road charges.
much of the trade has been lost II
is claimed that unless a stop is nut
to the practices Norfolk dock and
warehouses will suffer. One practice
complained of Is the extension by the
{. & Q. OF the port lines of Newport
News to include all Norfolk
Si0,000,000 Bond Issue Sought.
The Central Pacific Railroad TODAY
asked the Interstate Commerce Com
mission to approve an issue by il OF
S4o,000.000 in per cent bonds The