The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-05-14
HELD
| BY BANKERS
By RICHARD HATTON


This week has been marked by
considerable activity in local IL
hancial circles with the annual cleo
ton of the Washington chapter OF
the American Institute of Banking
Thursday evening and the moving
Of the quarters of the District OF
columbia Bankers Association from
the old location in the Masonic
Temple, at the corner OF Thir-
keenth and H Streets Northwest
TO handsome new rooms at 1914
r ST. N. W., as the two events
81 outstanding general interest.
The A. l. B. election was a spirit
ed affair outside of the two lead
Ing positions filled by Thursdays
balloting. The election of T. Hunt
on Leith, of the Security Savings
and Commercial Bank, as president,
and of Joseph d. Yerkes, OF the
Federal American National Bank.
as president, was without OPP
the year are: I. j. Roberts, secre-
tary to the president, Riggs Ma
tfonal Bank, second vice president:
Miss Lois A. White, Federal-Amerf-
can National Bank, secretary;
Robert II. Lacey, assistant cashier,
Columbia National Bank. assistant
secretary: A. e. Henze. w. B. Hibbs
4 Co., treasurer: w. T. Van Doren,
Commercial National Bank, chief
counsel
There were nine candidates for
the board of governors to which
five were to be elected. The sue
cessful ones were r. Jesse CLANCY
retiring president; Miss Winnifred
Burwell. National Metropolitan
Bank: Raymond P. Lochete. District
National Bank; Miss Mabel Royce
Washington Loan Trust, and two
were tied for the fifth place. A
special election will be held next
week to select the fifth member
of the board.
The new quarters at 1929 H st.
~. W.. recently acquired by the
Merchants Bank and Trust Com
pany, have been completely over
hauled and the trust department Of
the bank with the real estate de-
parfment moved into the new Of
fees yesterday This enlargement
Of quarters by the Merchants wPs
made necessary by the rapid growth
Of business in the two departments
affected, which freed the expan-
sion OF office spae1 The new room
Is located in an especially con-
venient position. having an entrance
on III ST.. as well as through the
main corridor of the building and
from the bank by means of a door
which was cut through the parti-
ton for the purpose
President Ezra Gould, of the
Washington Mechanics Savings
Bank. has completed the organiza.
ton of the Washington Mechanics
Mortgage Company and the offices
Of the company are now located in
the Washington Mechanics Savings
Bank at Eighth and G SITS. s. E.
The officers Of the new company
are: Ezra Gould. president: r. Fl.
Bagby, vice president; T. J. Groom.
secretary apd treasurer, and NJ. II.
buckingham. assistant secretary.
the same as that which eomposes
the banks board, consists OF the
following:
R. H. Bagby, Ezra Gould, Nah
lon Groom, T. ]. Groom. George
Hayes. L. Hoyt Lamb, Charles J.
Happier, Jesse B. K. Lee, Guy
Mason, William N. Payne, jr., A. s.
Offutt. E. F. Pickford, G.. Bryan
: Pitts, j. c. Pyles. Edwin z. Roberts,
Hubert n. Roberts, E. Hume Tai.
bert, John p. T. White and E. s.
wolfe.
Another new financial corporation
Just announced is the Federal Amer
lean Company which will handle
first and second trust loans on real
estate. All of the officers are con-
nected with the Federal-American
National Bank and consist of w. T.
Galliher, chairman of the board;
John Poole, president; william John
Eynon and Wilmer j. Waller, vice
presidents; Charles B. Lyddane Sec
retary-treasurer; Charles D.. Boyer,
assistant secretary-treasurer, and
these directors: Byron S. Adams,
Lester A. Barr, Albert E. Berry,
Thomas Bones, w. F. Brenizer,
Alexandria Britton, Walter A.
Brown, Joshua w. Carr, John H.
Clapp, A. l.. Clarke, Myer Cohen,
William Knowles Cooper, John T.
Crowley, John Dolph, T. c. Dublin,