The Washington times., 1928-02-21
BANKERS PLAN
CONVENTION
BY RICHARD HATTON

3 e7
Much interest centered yesterday
IN the special meeting Of the execu'
tive council of the District Of Co
lumbia. Bankers Association, which
was held in the rooms of the or
sanitation In the Becker Building
at p. m. President w. W. Spaia
presided and there was an especlal-
II large attendance of members Of
: the governing body.
The keen interest in the meeting
yesterday was caused by specula-
fion on the part of the member
shin. of the organization on the re-
port of the special committee which
has been for some time investigat.
ing possible locations for the annual
convention which will be held some
time in June. It Is understood that
the committee has given special con-
gideration to several possible loca-
lions and there is q. very decided Gu.
riosity over the final decision IS be-
tween aseashore and mountains.
There are advocates Of both posi-
biIities among the membership which
caused the very natural interest IN
any action which might be taken
by the executive council.
3 No Final Decision
However. proponents of the sandy
beach and Of the green-clad hills
and towering peaks must continue
in suspense for there was no final
decision forthcoming at yesterday
Iiesfing. General Chairman Edward
q. McQuada Of the convention COM
mittee with otter members has made
eapaf a
Important facts regarding locations
arid accommodations have been
xathered. As there is no Immediate
hurry In the matter of q decision.
however. no action was taken at
westerday's meeting and further in.
: Wegfieations and reports will be
made before the actual place for the
1928 copventioI. ID put to a vote.
& Among possible selections men
ki0ned IN the financial district yes
terday were Montauk Point, L. T.;
White Sulphur Springs, Hot Springs
and Virginia Beach, However there
was nothing Of & definite nature In
regard to the final decision but the
general opinion expressed by mem
bers 81 the association was that
whatever the final decision as to
. location the coming convention
would surpass all previous records
4n attendance.
ON Vacation
Eliot II. Thomson. publicity direc.
tor OF the Washington Loan and
Trust Company, II away on = short
vacation.
President John b. Cochran, Of the
Franklin National Bank, returned
to his desk yesterday. after two
months trip to Florida and other
Southern points.
Another honor has come to the
washington Chapter, American In
Stitute OF Banking. through two Of
it, faculty members. The national
organization Of the a. ]. B., 1t Is
understood, thinks so highly of the
work Of DR.. Raymond B. Dickey,
instructor in commercial law, and
DR.. F.. ]. Donohue, instructor in
economies and standard banking.
that 1t Is proposed to have these
gentlemen prepare text books on
their respective subjects for the use
OF the entire student body Of the
institute.
The financial district yesterday
was still ringing with praise for the
twenty-eighth annual banquet of
the Washington Chapter, A. I. B.
Opinion was unanimous that, from
every angle, this was the greatest
event Of the kind in the history Of
the organization and there were
many laudatory remarks over the
success Of the efforts Of President
/. ]. Roberts, Chairman Z. Hunton
Leith. Of the banquet COMMITTEES.
and their associates.
W. W. Spaid, Of William B.
Hibbs and Company; Frank Stet-
son, Of the National Savings and
Trust Company p. A. Galleher and
p. s. Wolfe, president of the
First National Bank OF Bridge
port, Conn.,, formerly Of Wash
1ngtOn and well known in bank
ing circles here. viii leave Wash.
ington on Wednesday for Belleair,
FIa-s on a two weeks outing.
New Vault
Work on the new steel vault
being installed in the large addi-
tion TO the Security Savings and
Commercial Bank il progressing
rapidly. The greatly enlarged quar-
terE Of the institution which win
be available after completion of
tie present building program will
add greatly to the convenience Of
the customers Of the bank, as well
AZ to the comfort OF the officers
Of the institution.
=. =. Mountjoy, Washington rep.
Tessntative OF the American Bank.
erS' Association, left last night
for Pittsburgh, where he will attend
the annual meeting and banquet
of Groap Of the American Bank
eFs' Association, which includes all
banks in and around Pittsburgh.
James N. Johnston, OF the firm
OF Irving and Johnston. Washing
ton representatives Of Spencer
Trask and Company, investment
bankers Of New York, has been
! elected . director Of the Liberty
National Bank, according to an
announcement by President George
o. Watson, OF the bank, yesterday.
Exchanges Close
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