Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-04-07
COOPER IS NAMED !.
TO TITLE CO. BOARD.
A. H. Lawson and W. Brown
Also Asked to Join Two
Firms DirectorateS.
BY EDWARD c. STONE.

BY EDWARD C. STONE.
1t was announced today that the d.
rectors OF the North American Title
Guaranty Co. and the North American
Security Corporation of New York
have invited Wade II. Cooper, Alfred
Fl. Lawson and Col. Wrisley Brown,
all of Washington, to become members
of the board, and that Mr.. Cooper has
already been elected.
MIR. Cooper is president of the Con-
tinental Trust Co. and of the United
States Savings Bank. He owns a
highly successful publishing concern
in New York and is a stakeholder in
several important financial institu-
tons. The Continental Trust Co. re-
Gently gained wide commentator by
making loans to war veterans on their
certificates, regardless of whether they
had accounts in the bank.
Alfred Fl. Lawson is secretary and
real estate officer of the Washington
Loan & Trust Co, director and mem.
Der Of executive committee of the
District Lawyers & Washington Title
Insurance Co, Board of Trade and
Washington Real Estate Board.
Col. Brown is president of the Ter.
minal Refrigerating & Warehouse Co,
president Potomac Freight Terminal
Co. and of the Virginia Ice & Fuel
Corporation. He is q director in the
Washington Loan & Trust Co. a mem
Der of the Chamber of Commerce,
Board of Trade and American Bar As.
ISOLATION.
United States Senator Edwards is
chairman Of the board Of directors of
both the title company and its sub.
siduary; William T.. Walter, president
and general manager; George c. Van
! Tuyl, jr., and Carl Sherman, vice
presidents; Russell =. Whitman, vice
president and secretary, and John +.
McCabe, treasurer.
The New York firms have com.
bined capital of over 100000. They
were organized to deal in insurance
Of titles. make loans on bonds and
mortgages and to market first mort
gage investments. The local men are
becoming affiliated with the organiza-
| lions through the efforts Of Murray
Gidlin, manager Of the Standard Co.,
now located at 1405 / street north.
west.
Bank Declares Dividend.
At the monthly meeting of the
board of directors of the Washington
Loan & Trust Co. yesterday afternoon
the usual quarterly dividend of per
cent was declared. This dividend is
payable on May 1 to stockholders of
record on April 25
James r. Ellerson, jr., recently
elected director, met with the board
for the first time.
Peoples Drug Sales Improve.
Sales of Peoples Drug Stores, Inc,
for the month of March amounted
to $685. 1874, compared with S473, 696
during the same month of last year,
an increase of $162 ,09S, or 3422 per
cent. Sales for the first three months
of this year amounted to 81 1907 ,997,
compared with S1.347 ,908 for the same
period of last year, an increase of
$460.0S9, or S4.13 per cent.
Arrange Bankers Banquet.
The committees on arrangements
for tonight's banquet at the Willard
in injection with the regional saw
i'm conference follow:
Dinner-Chairman, Joshua Evans,
jr. vice chairman, Lawrence A.
Slaughter; Corcoran Thorn, w. w.
Spaid, Maurice Otterback, Ezra Gould,
M. d. Rosenberg, l.. p. McLachlen,
John r. Waller, Thomas r. FARRELL
ard Bruce Baird.
Entertainment Chairman, Edward
J. McQuade; vice chairman, Luther T..
Schreiner;F Charles d. Boyer, NJ. #.
Calnan, l.. A. Slaughter, Thomas w.
Brahany, l.. p. McLachlen and George
o. Vass.
Decorations-Ch Chairman, Charles FL.
Doing; vice chairman, G. F. Jacobsen;
John Fl. Small. 3d. C. c. Lamborn and
A. n, Mitchell.
New President Is Elected.
Frank McClelland. vice president of
the Corcoran Fire Insurance Co., has
been elected president, succeeding
William u. Edmonston, who resigned
to retire to private life. Robert d.
Weaver, vice president of the Farm
ers & Mechanics National Bank, in
Georgetown, has been made vice presi-
dent. The other officers are Louis
r. Peake, secretary. and Frank Fl.
Ridgeway, assistant secretary. The
board of directors is composed of Wat
son f. Clark, Albert T. Coumbe, VIII
liam L. Edmonston, 3. J.. Jackson,
Charles L. Marsh and Walter S.
Pratt, jr.
Bank Aids Old IrOnsides Fund.
The Riggs National Bank is helping
raise funds in the campaign to save
Old IronsideS," which means the re-.
construction of the famous old frigate
Constitution, the bank having placed
on sale copies of the original painting
Of the frigate by Gordan Grant, Amer
ica's noted marine artist. The cam
paign was authorized by Congress.
The original painting will be pre-
scented to President and Mrs. Coolidge
and will be hung in the White House.
The reproductions now on sale are in
Al Nl,~ T. fxoaI
Changes in Bylaws Planned.
President T. Hunton Leith of Wash
ington Chapter. A. /. B.. has appoint.
ed the following committee to change
and impro Je the bylaws which now
guide the activities Of the local bank.
ing institute:
Harold W. burnside, past president,
chairman; Mss Lois A. White, Fed
eral-American National Bank, secre-
tary; /. j. Roberts. chairman Of the
educational committee; A. e. Henze,
X. Jesse CLANCY. another past presi-
dent, and Joseph d. Yerkes, first vice
president.
1t is also announced that the Spring
meeting, at which the certificates will
be awarded to the first semester grad
yates, will take place at the Willard
on April 20 instead of April 81, as
first intended The evening will in
clude dancing.
Delegates will be nominated next
Thursday to the annual convention of
the American Institute OF Banking,
which takes place in Detroit in July.
The local election will take place on
April IS.
White Sew M(4) 48M 49h 4Sas 49h
WickWire ctfs.. SA "A "a 81