Evening star., 1926-10-16
BY EDWARD C. STONE.

The motion picture house on Con-
necticut avenue near Chevy Chase
Circle had a real rival last night
when the handsome new home of the
Chevy Chase Savings Bank was
thrown open to the public for the first
time Throngs of people visited the
building and carefully inspected every
one of it's many interesting details.
Almost every resident of Chevy Chase
must have been there and many of
Washington's leading bankers also
dropped in to extend congratulations.
So many of the bankers sent flowers
that the lobby looked far more like a
hothouse than a bank, and orchestral
music added much to the gayety OF
the occasion. After the guests had
been welcomed and shown over the
bank they were presented with fine
leather billfolds, the attractive
souvenirs being styles suitable for
both men and women.
President Frederic E. harrington
headed the receiving line. Other
officers assisting in the reception were
First Vice President Thomas W..
Perry Second Vice President Alfred
B. Leet, Counsel Paul Sleman, Secre-
tary Clyde d. Garrett, Cashier j..
Edward Troth and Assistant Cashier
>. oUOOu ILClASdhJ etiA SA'S NAA ~
tors were also present, these includ-
ing, in addition to Mr.. Harrington,
Thomas w. Perry. Fred w. Mac
Kenzie, Paul Sleman, Clyde D. Gar
rett, Alfred B. Leet, Joseph A.
Burkart, E. j. Murphy, Stanton c..
Peelle, John c. Walker, George P.
Hoover, r. Frederick Hatcher, Bynum
E. Hinton, S. Peacock, Thomas K.
Conrad, William A. Mills, Frank
Simpson, Herndon Morsell, Horace r.
Troth, jr: John Hulse, Truman Abbe
and Frank Shipe.
The new bank, which has already
been described in The Star, has every
modern improvement. The vault
space is ample, the cages most con-
veniently arranged. the offices OF the
president and cashier are close to the
entrance, the directors room on the
mezzanine floor is especially attractive
and the heating plant, with both di-
rect and indirect heating, has been
made a special feature. The hot-a1r
system is so arranged that 1t can be
used as cooling system in the sum-
mer The lighting and ventilation sys-
TENS also are excellent and the loca-
ton at Connecticut avenue and Nor
rison street is in a section that is
showing remarkable growth. The
building and site cost $140,000.
Business in the old bank was con-
cluded at noon today. The moving Is
to be sufficiently completed this after
noon in time for the usual SATURDAY
evening business.
Southern Seeks Stock Issue.
The Southern Railway sought Inter
state Commerce Commission permis-
sion today for the sale of 100000
shares of new common stock to its
present stockholders, by which meth
cd $40 100000 will be obtained for fu-
ture investments in additions and
betterments to the system. The com
pany proposes to increase the size OF
the stock equity in its railroad as com
pared with bonded Indebtedness, 1t has
announced, and will follow up the
present application with others to al
low a total sale Of 5000 shares OF
new common stock
Present stockholders Of the South
ern will be given the right to sub
scribe to one share Of the new stock
at par in proportion to each 1S shares
Of old stock, which they now hold.
They will be allowed to pay for the
new stock in installments spread out
over a year and the par value which
they will pay Is considerably below
the prevailing market value for the
old stock.
In 1925-26 cash income the farmers