The Washington times., 1928-01-12
DC. BANKS HOLD
ELECTIONS
BY RICHARD HATTON

by fklGk1AnU 1NfAL 1U4N
The annual meeting of the Wash
ington Loan and Trust Company
was held in the new board room in
the Central Office building, F Street
at Ninth Northwest. yesterday.
John B. Larner. president, presided
and presented q brief report cover
ing the activities Of the organization
in 1927 which showed that the BUSH
ness of the company for the year
exceeded any previous year by $780,
600, 900 with earnings in excess of
those in 1926. This increase in the
volume OF business, following the
application on the first OF the year
Of small service charge on check
ing accounts, was accompanied by
a decrease of 10000 checks paid
during the year.
Jump In Christmas Savings
Christmas savings in the Wash
ington Loan and Trust Company
during 1927 showed an increase OF
approximately 80 per cent, indicat-
ing that this feature Of bank ser
vice has received the hearty ap-
prevail OF the public.
President Larner reported that the
addition to the Central Office build
ing had been completed during the
year and that the rem0delng Of the
older section would be completed
early in the present year.
The following directors were re-
elected: John III. CIapp, Frederick
". Colville. Augustus Crane, Floyd
e.. Davis. James r.. Ellerson, jr.., u.
Whiting Estes, Albert f.. Fox, Eli
lot H. Goodwin, Melville b. Gros-
venor. Holcombe q. johnson, John
Al. Johnston, s. III. Kaufman, Carl
3. Keferstein, George Al. King, =.
Leo Kolb. John b. Larner, John g.
Let's. Harry G.. Meem, Theodore w.
Moves. Andrew Parker, Walter 8.
Penfield. Arthur Peter, Harvey w.
Wiley and Donald Woodward.
Reflect Old Board
At the annual meeting Of the
shareholders of the National Bank
of washington, held yesterday, the
old board was reelected as follows:
J. M. Beavers, e. G. Brandenburg,
Henry N. Brawner, jr., Wrisley
Brown, d. j. Callahan, J. Edmund
Cammacl, Max Fischer, Maurice r.
Flynn, g. w. Forsberg, George b.
Goetz, Il. Charlton Graves, ]. r.
Hendrfck. James D. Hobbs, Frank
r.. JelIeff. Michael A. Keane, Mark
Lansburgh, Morris E. MARROW, Ar
thur J.. May, John G. Weinberg.
Clarence r. Norment, Clarence ~.
Norment, jr., Harry Norment, Rich
ard B. pairo, George r. Sacks, w.
Clarence Miller, Charles Schafer,
John Scrivener, Odell 8. Smith,
George L. Starkey, James Trimble,
p. j. Walshe and Harry Wardman.
At the conclusion of the share
holders meeting the board of a.
rectors was organized and unani-
mously reelected the following OF.
ncers: Chairman of the board. Clar-
ence r.. Norment; President, George
l.. Starkey; vice presidents. George
r. Sacks, James Trimble and Daniel
j. Callahan; cashier, j. Frank White;
assistant cashiers, Edmund Fl. Ora
ham. John Alden, William il. How
ard and Rutherford j. DoOley; trust
officer, e. G. Brandenburgs secre-
tary OF the board, Odell s. Smith;
auditor. Everett III. Parsley.
Washington Savings
The Washington Savings Bank
at its annual meeting yesterday
reelected all of it's old officers,
as follows: Thomas e. farrell,
president: ]. D. Leonard. vice pres
ident and treasurer; William e.
Russell. vice president: Robert j:
Earnshaw, assistant treasurer. and
the following additional directors,
Donald Roberts being the only
new member: Paul B. Cromelin,
Joseph, A. DAILY. G, g. Flynn,
r. p. Gibson. n. v. Grimes, Gran