The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-10-03
Bank ReceptIon Tonight

Bank Reception Tonight
Formal opening of the H Street
addition to the Union Trust Com
pany, Fifteenth and II Streets
Northwest, will take place tonight
from to 10 o'clock when officials
of the institution will be host to
leading Washington bankers. busi-
ness men and customers of the
bank at an open house" reception.
The completion of the new addi.
ton has doubled the floor space
and office facilities of the bank
made necessary by the growth OF
the bank. The new building was
pauy's rapid growth made addi.
fional space necessity. Extending
west on H Street the addition con-
tinues the present north line of
the building. Sandblasting of the
original structure has given the
whole harmonious appearance.
The entire ground floor is taken
up by the banking and safe deposit
departments. New and larger offices
are provided for the officers quar-
tered in the banking department and
cage space in that section has been
doubled. The cages themselves have
been enlarged and rebuilt and tele-
phone and telautograph communica-
tiap installed in each.
The lobby is three times as large
as before. A new vault has been
built for the business of the banking
department, and a 15-ton door and
vault structure Of most modern de-
sign will be used for the company's
stocks, bonds. collateral and securi-
ties. The trust department. now ex-
tends into the former board room be.
cause of the added space. The
trust department quarters have been
refinished and are larger and more
convenient.
Besides President Edward ]. stelI-
wagon, officers of the Union Trust
Company are George z. Hamilton,
vice president, attorney and trust
officer; George E. Fleming, vice
president and assistant trust officer:
Walter s. Harlan, vice president;
Edward L. Hillyer, vice president
and second assistant trust officer:
Edison B. Odds. vice president and
treasurer: Irving Zirpel. secretary
and third assistant trust officer;
O Elmer Father. assistant treas 8
urr; w. Frank d. Heron assistant
treasurer: s. William Miller, as
sistant treasurer; William g. Lyons.
assistant secretary, and George E.
Hamilton, jr. assistant attorney.
Following are members of the
Ooard OF directors: A. L. Baldwin
j. Harry Covington, Joseph H. Gran
ford, q. Thomas Dunlop. George E.
Fleming, G orge E. Hamilton, John
H. Hanna, Walter S. Harlan, Frank
c. Henry. John G. Hoyt. J. D. Kauf.
man. A. S. Kenny, James b. Lam.
bic, Thomas P. Morgan, George II
Myers, H. c. Newcomer, Daniel w
O'Donoghue, D. S. Porter. Ord Pres
ton. John H. Small. Luther F.
Speer, Edward j. Stellwagen and
Charles F. Wilson.
Tax Collections Drop
With but two more business day,
10 be reported for the month
income tax collections up to Sep
TENDER 90 amounted to S439 1855 900
q decline of about 81 .0O0,0 900 from
the same period last year.
Unless there is an unusual in
crease for the last two days owe
the same period last year tn
Treasury's estimate of collections o
over $3.50, 100000 will have been
little optimistic. although It nov
appears that the collection will b
substantially the same as last yeal
For the fiscal year up to Septen
Der 20 the collection of income an
corporation taxes amounted t
$5O6,762 900. against S513,227 900 /
the same period last year.
Practically $500. 900, 900 In Thir
Liberty bonds. of which interes
ceased September Is, were outsta M
Ing at the end Of the month. Tn
Treasury has cashed or refunde
about 760.Oo0000 in Liberties sine
the first of the month an
$1,000 900. 900 since JuIv