The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-05-08
LAUNCHES
new OFFICE
Up TOWN
By RICHARD HATTON

~ L. . 4 Z L
/ The branch office Of the Secu.
riGy Savings and Commercial Bank
at 1913 K St. N. w. opened for
business yesterday. All day long
the building was filled with friends
and patrons Of the bank who came
to inspect the new uptown guar.
tiers and TO congratulate the off,
Gers and directors upon the build
Ing which has been erected to
meet the needs OF business and
customers FOR q modern banking
office in the rapidly developing
Northwest business section.
Those who viewed the new hank.
ing roOGa passed down the long,
! well-lighted lobby through q. lane
Of gorgeous floral pieces sent ~
other financial institutions and
friends with cOngratulatiOns upon
tho achievement or another step
ia the progressive development Of
the Security Savings and Conn
mercial.
The main banking room oe the
new branch IS exceptionally long.
equipped with cagelessg counters
and ltghked from q row Of win
doWs along one side. These high
windows are supDlied with artistic
Venetian binds which blend with
tia ceiling lights and an innOyar
ton iii the way oe fixtures which
are Of hammered steel There
is i small eailery breaking the
high vauated front OF the room
ana IN the extreme rear there
has been constructed Z large. well.
ventilated, light room which will
be used Tor bookkeeping and &C.
counting departments.
Booths fer Customers
AZ the rear of the main bank.
ing room IL large steel vault
holding safe deposit boxes and I'D.
jacent TO this are booths Tor the
Use Of customers Of this depart
nlent, On the opposite side OF
the building &C this point is q
handsome office for the president.
The building with its facade Of
white limestone rising above the
bank has five floors 0e Light, airy
offices with an entrance separate
from the main bank entrance and
are reached by elevator And stair
way. Storage and kile rooms FOR
tbs bank are located IN the base.
mont.
Officers Of the Security Savings
ard Commercial who were on hand
yesterday to greet their friends
were: Col. Julius u. Peyser, pres
ident: Fred Mckee and Francis q.
Addison, vice presidents: Samuel
II. Baulsfr, cashier: g. Hunton
Leith, j. Louis Ehip1ay, Latrobe
Owen and Charles *. West. a.
Klstant cashiers, and J.. william
Roberts. branch manager.
Neon Issue Offered
Riemer ana Company are offer
ing new issue Of American Neon
Light Corporation stock which -
fully paid and nonassessable, with
dividends exempt from all normal
Federal income tax. According to
the statement Of the company,
American Neon Light Corporation
wan organized in May. 1897. to
fnanufactl1re neon gas filled tubes
for use in Illuminated display Id
vertising and for general spec
tacillar and useful illuminating
purposes, such AZ outdoor signs,
airport beacon lights, etc.
The company has exclusive right
II the gMlGG0 STATES I'd Au luMAW$Ss
cent tube patents granted to Paul
Francois La Brun, who IL asso.
ciated with the company as its chief
engineer. He has been sfgnally sue.
cessfuI In installing neon tubes in
advertising display and .aeroplane
beacon lights abroad.
Company Wldens Scope
In q statement issued yesterday,
8. w. Straus, president of 8. w.
Straus and Company, announced
the recently enlarged policy OF that
company TO include the underwrit.
ing OF Industrial. public utility,
municipal, State and foreign gov.
eminent issues, reflected his be.
lief that American finance is en-.
tering q new and greatly enlarged
sphere.
Announcement has been made by
thu Lincoln Bond and Mortgage
Company Of the appointment OF L.
H. Charles and Company as mort
gage loan correspondent for the
District OF Columbia and nearby
Virginia and Maryland. i. III.
Charles and Company Is a well.
known local house with offices at
1424 k st. N. w.