Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-06-23
DISTRICT BANKERS !.
WV uu~u - - - -
INSTALL OFFICERS
Closing Session of Convention;
at Montauk Beach Marked
by Ceremony.
BY EDWARD G. STONE,

BY EDWARD G. STONE,
stan Correspondent Of The star.
MONTAUK BEACH, Long Island, N.
Y, June 22.-Installation Of the ON
GERS Of the District Of Columbia Bank
ers' Association for the coming year was
made one OF the most Interesting fea-
lures of the closing session here today.
The family dinner" and final contests
for golf and other cups crowded every
moment Of the day and evening. The.
varied subjects discussed at the huSi-
ness sessions and the many entertain
ment features have made the conveh-
ton one of the best yet held.
Members Of the association assuming
new Offices today were: Wilmer J. Waller,
president; Lanier p. MeLachlen, Arst
vice president; Edward J. McQuade.
second vice president; c. II. Pope. sec
Rotary, and Albert 8. Galley, treasurer.
All these officers have already rendered
long service to the association.
Mr.. Waller. the new president, has
climbed high in the banking profession
from a position as runner" Born IN
Sabetha, Kans., on May IS, 1889, he
was educated In the public schools Of
the Virginia city.
Given Many Promotions.
Mr. Waller entered the employ Of tia
American National Bank In Washing
ton, April l, 1905, 90 runner" He
nlled all clerical positions IN the bank
and was elected assistant cashier in
1917. In 1920 he was made cashier and
upon consolidation Of the American and
Federal National Banks In 1922 was
made vice president Of the consolidated
institutions, the Federal-American Ma
tional Bank. which position he now
holds.
Mr.. Waller has always been interested
in the work Of the American Institute
of Banking, the District Of Colunbia
Bankers Association, the washington
Clearing House Association and the
American Bankers Association. He
served as president Of the washington
Chapter Of the American Institute OF
Banking in 1921. Besides holding
various committee appointments In the
District of Columbia Bankers Assocta-
ton, he was elected secretary OF that
association at its convention in 1898
and advanced to the offices Of second
vice president and first vice president In
the ensuing years.
Waller are those Of the vice presidency
of the American Bankers Association,
representing the District Of Columbia
Bankers Association in 1924. and the
vice presidency Of the national bank
section Of the American Bankers Assoc
citation representing the District Of CO.
lumbia in 1928.
Has Other Interests.
Mr.. Waller Is q member Of the Re-
serve City Bank Association and the
advi.ory council Of the Stockholders AS
ISOLATION Of the Federal Reserve Bank
OF the fifth Federal reserve district. He
is vice president Of the Belle Haven
Country Club and vice president and
director of the Federal-Arnerican Co. -
Members of the council Of admins
tration elected early this afternoon in-.
Guided Claude H. woodward, president
Moran, vice president, American Sc
curity & Trust Co.; Hilieary G. Hos
kinSon, vice president, Riggs National
Bank, and w. w. Spaid Of w. d. Hibh6
& Co. The present officers and the re-
firing president, Mr.. Fleming, constitute
the rest of the council,
The members OF the American Bank.
ers' Association in special session elect-
ed Frances G. Addison, r., o member
Of the executive council OF the national
organization as a representative Of the
District Of Columbia Association. This.
Is considered the highest honor within,
the gift Of the washington association.
Mr.. Addison's term begins in October.
r. v. Fleming being elected to Ill thu
Office until that time.
MIR, Fleming was also elected vica
president for the District Of Columbia
Of the A. B. A. for the coming year..
e. J. McQuade was elected to the nomi.-
mating committee for the District with
Davis, president Of the Lincoln National
Bank, was elected vice president Of the
A. 3. A. for the District of Columbia 0S
the national bank division; Claude III.
Wood Of the savings bank division. Ray.
mond L. Schreiner, president Of the
Bank Of Brightwood, Of the state bank
division, and Irving Zirpel, secretary az
the Union Trust Co., Of the trust COM
pany division.
Wire Controller.
The convention sent q telegram to
Controller Of the Currency John w.
Pole pledging cordial support In his
efforts to obtain passage by Congress
of legislation relating to banking In
the District and for the national hanks
of the country at large. The delegates
also telesraphed 70 Charles J. Bel,
chairman of the board Of the American
Security g. Trust Co., expressing their
hope for his speedy and complete re-
covery.
Brief talks were made by Frank j.
Hogan, counsel Of the association: by
F. G. Await, deputy Controller Of the
Currency and former Controller Joseph
w. Mcintosh, now with Q New York
brokerage firm. The convention paid
a rising tribute to I. A. Fleming for his
deep and valued interest in the aSsocia.
ton, to which the financial writer re-
piled by briefly referring to the signifi-
cant accomplishments Of the organise-
ton In recent years. The hduciaries
section organized for the coming year
by electing an executive council cons
sisting of David N. Houston Of the
American Security d Trust Co.: Ken
meth r. Brooks, Riggs National: BAR
mum L. Cotton, District National:
Erslsine Gordon, Federal-Ameriean, and
william H. Baden, Washington Loan D
Thomas J. Mangan. IT,: Halsey.
Stuart q Co, won the Coleman Jen-
nings tennis cup by defeating Stanley
Carr Of the Equitable Trust Co., IN
close sets this afternoon.
-e--
NEW LEAGUE AGREEMENT
LEI nc EnDEIHM TNAnE