The Washington times., 1926-08-02
TRUST COMP ANY
IS BUILDING
By RICHARD HATTON

Contractors began operations to-
day on the site of the three build.
ings on r Street, near Ninth, which
were destroyed by fire last March.
a ten-story addition to the Wash
ington Loan & Trust Building will
Be erected, which will make 1t one
or the largest office buildings in
the city, with a frontage on f
street Of 121 feet and on Ninth
Street of III feet.
The addition will follow the lines
or the original structure of Roman
esque architecture and the pres
ent entrance will be replaced by
q grand portal in the center of the
II Street facade. Granite will be
used, as in the old building.
The entire ground floor viii be
utilized by the company with the
exception of a store at the west
end of the addition.
The banking department will re-
main in its present quarters. while
the real estate department, now &C.
cupytng an annex on Ninth Street,
will be housed in the new section
at the right OF the F Street en-.
trance.
The trust department, now To-
Gated in the Ninth Street wing at
the rear of the building, will be
Installed in spacious quarters in
the new addition on the floor above
the mezzanine gallery, with private
elevator thereto, while the book
keeping department, in which all
OF the accounts Of both main office
and West End branch are handled,
will occupy the entire fourth floor.
Unique Bookkeeping System
The West End branch of the
company is unique in being
bank without a bookkeeper. Tel
photographic and telephone connec-
ton between the two offices en-
ables all check accounts 20 De
equally available at either office,
regardless of the office at which
the depositor first opened the ac-
count. This system was Installed
when the branch office was opened
IN 1917 and has been found most
satisfactory to both the bank and
TO the customers.
The foreign department, which
has completely outgrown its present
quarters In the banking department,
VIII be moved into the wing vacated
by the trust department and viii
have a reception room for travellers
and a completely equipped travel
service bureau.
On the top floor will be located
q commodious room for the IS di-
rectors of the company. There viii
also be restaurant, rest room and
library for the officers and en-
ployes.
intermediate floors of the new
building are designed to meet the
present demand for extensive Of
fees with a central lobby, library,
reception rooms and telephone ex-
change, with private offices open
ing off the central lobby.
New Equipment Throughout
High speed elevators and modern
heating and ventilating systems
win replace the present equipment
throughout the entire building. The
present safe deposit department,
upon completion of the new build
ing, win be utilized exclusively by
the various departments of the
company and new safe deposit
department. equipped with the most
modern devices and conveniences
Tor, the public will be installed in
the basement Of the new addition.
Besides the usual coupon rooms,
there win be committee rooms for
use Of corporations and organiza-
tons who are customers of the
company.
Contract for the entire construc-
ton and equipment has been let to
Hoggson Bros. of New York, who
have built and equipped many OF
the notable bank buildings of the
country. The architect is Arthur
b. Heaton. Of this city, who de.
signed the beautiful builGing at
Seventeenth and G Streets, occupied
by the West End branch of the
Washington Loan and Trust Com
pany.
It Is expected that the building
viii be completed within year.
Coffee Market