Evening star., 1928-06-10
BANK MEET ENDS
At FAMILY DINNER
Sport Prizes Awarded and
New officers Assume
Their Duties.
RY EDWARD G.. STONE.
STAFF Correspondent of The star,


| N. Y, June Following the election Of
officers at the final business session, the
tenth annual convention Of the District
of Columbia Bankers Association was
concluded at the Montauk Manor Hotel
here tonight with the family dinner"
the most important social event Of the
| three day gathering Golf and tennis
cups galore were also presented to the
winners of the lively contests taking
up three full afternoons.
The officers elected earlier IN the
day assumed their duties at once, the
new administration coming in amid
great enthusiasm. The associations GUS
tom of advancing Its officers each year
was adhered to when Robert " Flem-
ing was made president, Wilmer j.
Waller first vice president and Lanier
r. McLachlen second vice president the
association also retaining the sterling
services of Albert S. Gately as treasurer.
Fleming Takes Helm.
Robert v Fleming, who takes the as
sociation's helm for the coming year,
succeeding w w Spa!d, was elected
president of the Riggs National Bank
on November 9, 1927 Just six days after
his thirty-fifth birthday. He was born
in Washington. November 3. 1890, his
father, Col, Robert l. Fleming, being
a prominent architect The present
banker was educated In the Friends
School and Western High School, fol-
lowing up his preparatory work with
studies In George Washington Univer-
sity, where he specialized in political
economy and commercial law
Mfr Fleming he's always lived in the
Capital He entered the employ of the
Riggs Bank when but l8 years OF age
and In the next II years advanced
through many important positions uht!l
made head OF the institution. In his
study of banking problems he. always
has been particularly interested in the
Federal Reserve System and the in-
come tax laws.
The Washington banker originated
the present system Of settling clearing
house balances in the District OF Coz
lunhia, method whereby payments IN
cash are eliminated and settlements
effected by telegraphic transfers
through reserve accounts In the Fed
eral Reserve Bank OF Richmond Mr..
| Fleming has held nearly all the i'm
portant Offices In the District Bankers
Association and served on many COM
mittees At present he is a director In
the Washington Railway e. Electric Co,
Columbia Sand 6s Gravel Co, director
and treasurer of the Corcoran Gallery
Of Art director Of the National Press
Club and treasurer OF the Republican
national congressional committee. In
1925 he was appointed a director in the
National Training School for Boys. and
Is member of the National Boy Scout
Council.
In addition Mr. Fleming is mem
Der of the Board of Trade Washington
Bond Club. Columbia Historical Society.
Sons Of American Revolution. Reserve
City Bankers Association and many i'm
portant clubs.
Wide Interest In Secretaryship.
Today's election OF a new secretary
for the association again drew even
more attention than the choice Of the
other officials who we're advanced. The
selection Of a secretary each year Ii
really the naming OF the banker who
viii be president four years hence.
Edward j. McQuadc. who was elected
10 the position. is vice president and
assistant trust officer of the Liberty
National Bank He was born and
| educated in Washington. and in his
! younger days was very active In
athletics. Mr.. McQuade was one Df
| The organizers OF the old Citizens Say
ings Bank and a vice president. After
iLs consolidation with the District
National he went 10 the Liberty say
| ings Bank as treasurer. When this
bank became nationalized he was made
cashier, and later assumed his present
| duties.
The new secretary is a graduate, past
president and member of the executive
council of Washington Chapter, Amsrlr
can Institute 0f Banking. and during
the past year has been an instructor In
credits He is n graduate OF the Ma
tionsi University Law School member
of the District Bar, also a director in
| ths Mergenthaler Linotype Co, member
OF the Racquet Club, Columbia Histori-
cal Society, Native Society Of Washr
ington and the Elks. In addition 10
two terms on the bankers council OF
administration, Mf MeIluade has
served the association on many i'm.
| portant committees
| The bankers association again asked
| Attorney Frank J. Hogan to serve a.
counsel for the coming year, position
/ which hc has held for Il long period.