Evening star., 1926-06-16
NEWBOLD RENAMED
HEAD OF COMP ANY
Re- Elected President of
Merchants Transfer and
Storage.
BY EDWARD c. STONE.

BY EDWARD c. STONE.
At the annual meeting of the stocr
! holders of the Merchants Transfer
and Storage Co.. 92G F. street nortu-
west, held late yesterday afternoon
John l.. Newbold was reelected pres
dent: Ben l.. Prince, vice preeiaenr
G. Z. Buck. secretary and treasurer
and David p. Smith, assistant 50, re-
tary-treasurer.
The regular semi-annual dividend oC
S. per share on common stock vas
declared and a quarterly dividend ot
S1.75 per share on preferred was ai~'
voted. The company's business NaS
reported to have shown steady o.
pansion during the past year and {"
be in excellent condition at the pre- ;
ent time Directors for the coming
year were named as follows.
John l.. Newbold. Ben l.. Prince.
G. b. Buck, William j. Eynon, Alex
ander Britton, Albert l.. Berry. Leon
Tobriner. J. Thomas Dunlop and vii
liam F. Ham. The Merchants Trans
fer and Storage Go. was organized -.
1901 Both the common and the pre-
ferred are among the most active
issues on the Washington Stock EN
change.
OF to Bankers Convention.
The advance delegation 10 the DIS
trict bankers eighth annual ConVen-
ton was to leave for Hot Springs. Va,
at this afternoon on special Pull.
man arranged for by Robert y
Harper, president of the District Na-
tional Bank Those going in this
party included Mr.. and Mrs. Ezra
Gould, Mr.. and Mrs. Howard Moran.
Mr.. and Mrs. Percy McGlue, Mr.. ami
Mrs. II. l.. Offutt. jr.; Mr.. and Mrs
Walter X. Bachrach. Mr.. and Mrs,
E. A. Morse, Mr.. and Mrs. John 7
Maury. Mr.. and Mrs. Laurence
Slaughter, Mr.. and Mrs. r. y. Harper.
F. j. Groom, B. l.. Cotton. Sidney
West. l. A. Fleming, Mrs. y. Is
Fleming, Mrs. Lucy Clark. Miss
Maury, Mrs. B. F. Iden, A. NJ. Fisher.
Joseph Schiavone, z. p. Barnard and
E. E. Herrell.
The remaining delegates and guests
will leave Washington at $50 tonight
on an all-Pullman special over the
Chesapeake 4 Ohio. arriving a. Hot
Springs early in the morning. James
r. EdmundS, general agent Of the
road, will be in charge Of the special
The convention sessions open 2 2 :"
tomorrow morning.
Bond Club Now Year Old.
The first anniversary ~ the Wash
inSton Bond Club was celebrated
with a luncheon yesterday. Charles
s. Dewey, Assistant Secretary of the
Treasury. was the honor guest and
made d brief address on financial MAJ.
ters, The following officers were
elected for the coming year:
Charles Carroll Morgan Of John l..
/ Edwards & Co. president; Winslow
B. Van De Nanter, Guaranty Co. Of
New York. vice president; Kenneth
S. Wales, Bonbright & Co, secretary
treasurer and. with E. II. Ellis of
E. II. Rollins & Sons and S. T.
Thomas of Gillett & Co, compose the
| board of governors.
Members who attended in addition
TO those already named. were: Edwin
D. Flather, l.. NJ. Proctor. 6. ]. Nor
gan. jr.; Eugene f. Thompson. Leor
Shore. +. NJ Hall. Thomas Hopkins
jr.; Charles Henderson. &. @. Parker.
jr.: w. A. Quigley. Frank p. Morse.
w. w. Mackail' jr., and Carl r.
kurtz
Associate members of the club pres
ent were; Robert V. Fleming. Vii
liam d. Hoover, George w White.
John Poole, Corcoran Thorn. f. Jack
son Enrich and Joshua Evans. jr.
New members elected We're: Charles
#. Stark. jr.; Terry r. Hoover and
Arthur Tirrell all Of Bonhrisht & TO.
and \. X. Stewart of Alexander
Brown & Sons. who were present.
with George o. Vase, Earle VI. Aulick
and Charles L. Howe. as guests oI
the club.
Votes Dividend; Adds to Surplus.
| At a recent meeting Of the Wood
ridge-Langdon Savings and Commer-
cial Bank ,he regular semi-annual
| dividend of 8 per cent was declared.
| payable TO stockholders Of record as
of July I and the surplus fund was
| increased to $50. 900. This bank has
| been in business four and half
years: it has a capital of $4,000; sur
| plus and undivided profits, 5000;
! deposits, $425, 5,000: total resources.
s540, 900.
/ Local and Other Notes.
Directors of the American Security
and Trust Co yesterday declared An
extra dividend Of per cent and the
Z iy-,,1n nd Of MOI