The Washington times., 1926-05-19
4. |. B. OFFICERS
To MEET
BY RICHARD HATTON

BY RICHARD HATTON
The newly elected officers OF the
washington Chapter Of the Ameri-
can Institute of Banking will as
semble for the first regular bust
ness Of their administration, at the
board meeting to be held in the
new quarters Of the organization in
the rooms Of, the District of Co.
lumbia Bankers Association on F
Street, Thursday, May %. The
main work at this meeting win be
along organization lines, but of
especial interest will be the. rules
to be formulated to cover the spe-
ciai election Of one member OF the
board OF governors.
The executive officers Of the
chapter and the board, with the
exception Of one member, were all
named at the regular annual cleo
ton held May a. The fifth mem.
Der of the board. however. was
not selected at this time owing to
a tie vote for John F. Fletchall,
81 the Potomac Savings Bank, and
James c. Doolin, jr !, of the Ameri-
can Security and Trust Company.
Both Of these candidates are popu-
lar in the chapter, and their friends
are working hard to secure the
candidate. A close and exciting
race is now underway which will
culminate at the special election on
the 9th,
Past President r.. Jesse CLANCY,
Of the Washington Chapter, "A. l.,
B.. has been designated to attend
the ID. G.. Bankers Association
convention at Hot Springs in June,
and there submit the annual re-
port OF his organization to the
bankers. Great interest Is taken
by all banks in the work of the
local a. /. 3. chapter, and the an
Aual report OF it's activities is one
Of the features of the Hot Springs
meeting S.
In connection with the forthcom-
ing report Of Past President Clancy,
ft Is Of Interest to mention that
It will show the best year in the
history of the organization with the
greatest number OF students enrolled
Tor the several courses. the largest
number qualifying for the final ex-
amlnations and the condition Of the
treasury bstfer than ever before.
With q successful year in 1885
H4 standard, the present admins
tEation and membership are making
plans to carry on to even greater
achievement during I926-27.
g The new quarters of the District
e Columbia Associations have been
arranged with special reference to
the needs OF the A. /. b chapter,
and ample space Is provided for
several class and lecture rooms.
The officers Of the chapter also win
be provided with adequate office
spaces
officIaIs OF the District OF Column
bia Bankers Association and com
mittees in charge Of the several de-
which viii be held at Hot Springs.
va. In June. predict that this
years gathering win break all rec
0rds in the number attending dur
Ing the three-day stay at the noun
tain resort. According to Chairman
John N. Riordan. OF the hotel com
mittee. q great number OF applicA-
tons for reservations already are
coming in. The committee, how
ever, is only Iisting those applica-
tons which are accompanied by
check.
chairman Riordan stated today
that more applications had been
received this year well In advance
Of the convention than ever be-
fore. Arrangements have been made
Cor extra cars on the special train
80 accommodate the bankers and
their families. Transportation facili-
ties will be adequate regardless of
the usual lastrminute participants,
but 1T is the desire OF the commit
tee that all applications for train
and hotel reservations be made
as Tar in advance of the conven-
ton date as possible,
r. A. Todd. first vice president
1Of the Franklin National Bank, a
tesident Of Staunton, Va, is in
washington for a few days on
business connected with the bank.
Vice President Edward J. Nc.
Quade, Of the Liberty National
Bank, is out of the city for few
days.
President Francis NJ. Savage and
Vice President Charles w. Morris,
Of the Central Savings Bank, have
returned from weekend visit to
the Eastern Shore of Maryland.
The F. II. Smith Company, an
investment banking house dealing
exclusively in real estate bonds, has
opened an office in the Liberty
National Bank Building, Buffalo,
~. Y. w. w. Ward is manager
OF the new office.
The con1pany's home office is in
Washington. 1t also has offices II.
New York, Albany, Boston, Phila,
nelphia. Pittsburgh and Minneapolis.
The F. II. Smith Company was
founded in 1873, and is one of tns.
oldest houses in the first mortgage
loan and investment business
Offering is being made today at
1VV and interest by Mackubin Good