The Washington times., 1925-11-10
NEW OFFICIALS
At RIGGS ARE
POPULAR
Promotions of Robert v. FIem-
ing and George o. Vass
Meet Approval
By RICHARD HATTON

By RICHARD HATTON
The election of Robert v. Elem
ing to the presidency Of the Riggs
National Bank and the selection
OF Vice President George o. Vass
to be cashier of the institution are
promotions Of particular and pleas
ing interest in financial circles as
well. as to the many friends of the
officials in Washington. Many ex
pressions Of pleasure. and congrat
ulation over the selections were
heard in the financial and business
district today. Both OF the officers
have had interesting careers and
have achieved marked success
while still young men.
Born in Washington, November
8, 1890. Robret v. Fleming was
particularly fortunate in getting
his early banking training under
the mastery tutelage of Charles
c. Glover and the late Mr.. Allies.
In 1924 he was elected senior vice
president. From that time Mr..
Fleming received the especial bene-
fit of the interest Of both Mr..
Glover and Mr.. Allies with a view
to his ultimately becoming presi-
0SuC OF the OdIh.
Vass Is HOnored
At the same meeting at which
Mr.. Fleming was elevated to the
presidency the board Of directors
of the Riggs National Bank took
another important step in electing
Vice President George Oakley Vass
cashier in addition to his present
duties,
No finer selection could have
been made for this important post
in the opinion of those familiar
with banking organizations in
Washington, for Mr.. Vass shares
with President Fleming and the
other able executives of the bank
the respect and 'nfidence of the
entire banking and business com
munity. Mr.. Vass also was named
to fill the important post Of as
sistant secretary. to the board at
the meeting yesterday.
Mr.. Fleming is the father Of thC
present system OF settling clearing
house balances, method whereby
payments in cash are eliminated
and settlements effected by tele
graphic transfers through reserve
accounts in the Federal Reserve
Bank OF Richmond.
Possessed of tireless energJ
broad abilities and a most pleasing
personality, Mr.. Fleming enjoys a
very large circle OF friends who
will rejoice over his election to the
presidency, and it is freely pre-
dicted that under his leadershiD the
Riggs National Bank will not only
maintain its prestige, but will be-
come an ever-increasing influence
for good in the financial welfare
of the National Capital.
Mr.. Fleming is a member Of the
board Of trustees of the Corcoran
Art Gallery, and its treasurer, and
also is a member Of the Metr ,.
politan, Chevy Chase, National
Burning Tree Country Clubs, tho
Blue Ridge Rod and Gun Club and
of TempIs Noyes Lodge, f. A. A. M
= George o: Vass, who was elected
vice president and cashier, will in
cashier in addition to his duties as
vice president.
Came to Bank in 1908
Mr.. Vass came to the bank in
1903 as secretary to Mr.. Allies. then
vice president His principal assign
ment was in connection with the
special service developed by the
Riggs National Bank for the benefit
of its correspondent banks. III
January, 1919, he was elected as
sistant cashier. In January, 1922
he was made a vice president Of
the bank, and in January. 1923. he
was elected vice president and as
sistant trust officer. He was chair.
man of the program committee of
the District bankers convention
held at Hot Springs last June.
Mr.. Vass was born in Santa Cruz
Cal. in 1880, and came to Washing
ton in 1898 to take the law course
at Columbian, now the George Wash
ington University. He graduated from
the law school in 1902, and was
admitted to the District of Columbia
bar in the same year. During his
course of study at the law school
ne was employed in the Library OF
Congress. Mr.. Vass is a member of
the National Press Club and the
Washington Country Club. and Is a
member of Temple Noyes Lodge
F. A A. NJ.
THE advancement Of Messrs. F1em'
ing and Vass calls attention to the
organization of the Riggs Bank ano
the exceptional character of Its
official personnel, especially its
vice presidents, each Of whom heads
an important department OF the
institution and all of whom are
particularly well equipped and per
eonally popular. The present vice
presidents are w. J. Flather, G. G
Glover, ir., A. NJ. Nevius, George O
Vass and H. G. Hoskinson. 1t is
of interest to note that Messrs
Fleming, Nevius and Vass were in
the same boat in one of the famous
Anacostia Boat Club eights and that
they have carried their friendship
and their vigorous athletic person
aIities into their profession. The
Riggs National Bank is fortunate in
having within it's organization such
exceptional executive material az
that from which the new president
has been selected and President
Fleming is fortunate in having be
side him the present official per
sonnel of the institution.
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