The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-06-11

From the standpoint OF construc.
tive discussion and association
action upon comprehensive COM
| mittee reports, much was accom-
| plished Committees appointed a
year ago at the Hot Springs con-
cention submitted reports at the
| recent sessions which indicated
close and conscientious study Of the
problems assigned them and these
| reports were analysed and digested
Nv the full membership OF the as
| ISOLATION at the Montauk sessions.
Officers Move Up
As IL customary with the organ
ization, the retirement OF President
w, w. Spaid at the conclusion OF
his year of service as chief execu-
tive, resulted in the moving up Of
| the officers in the line. Robert Y,
Fleming, president Of Riggs Ma
tional Bank. succeeds Mr.. Spaid as
| president Of the association; VIII
i11er J. Waller, Of the Federal-Amer-
lean National Bank, moves up from
second to first vice president; Lam
Ter p. McLachlen, of the McLlachlen
Banking Corporation, steps up from
secretary to second vice president,
and Edward j.. McQuade, OF the
Liberty National Bank, whose
services az chairman OF the general
convention committee were largely
responsible for the magnificent sue
cess of the Montauk meeting, be-
comes secretary. Albert 8. Galley.
of the Lincoln National Bank, who
has served with distinguished ability
for many years as treasurer of the
association, remains in that Of
flee.
Returning bankers had nothing
nut praise for the general conven-
ton arrangements, the accommoda.
tions at the hotel at Montauk and
the splendid service of the special
train, under the personal direction
of Passenger Agent Nathan We1lls
OF the Pennsylvania system.
Edward }. McQuade, vino was
elected secretary OF the association,
la the only new officer on the list.
He is vice president and trust Off.
Ger of the Liberty National Bank
and has been a consistent worker
in the bankers organization for
many years. He was born in Wash.
ington and attended the grade
schools and Central High School
here. In his younger days he was
very active in athletics, having
been a member of the Analostan
Boat Club, Columbia Athletic Club.
and Bachelors Lawn Tennis Club.
Organized Banks
McQuade was also one of the or
ganizers of the old Citizens Savings
Bank and was one of its vice presi-
dents. After the consolidation Of
this institution with the District
National Bank he became treasurer
of the Liberty Savings Bank. which
was nationaliZed in 1920, when he
was made cashier and later assistant
trust officer. He Is an honor grad
| uate of the Washington Chapter,
American Institute of Banking, and
was president of the chapter in
1888 and member Of the ex-
ecutive council from 1919 to 1922.
He is at present instructor in credits
In the chapters educational course.
Graduating from the National Uni.
versity Law Schooi, Mr.. McQuade
became a member of the bar of the
District of Columbia. He also
served two terms as a member OF
| thhe Council OF Administration OF
the District of Columbia Bankers
Association and has been active on
many important committees. He is
a director of the Mergenthaler Limo
type Company of New York, a
member of the Racquet Club, Column.
bia Historical Society. Native Soci-
ETY. of Washington, and the Elks.