The Washington times., 1930-03-20
WORK To START
ON 10-STORY
TRUST co.

IuUUI UUI
Construction work on the 10
story addition to the American
Security . and Trust Company
Building on Fifteenth near Penn
sylvania Ave. N. W., is to start
soon. Yesterday several depart
ments of the institution were
shifted into other quarters in
order to provide working room
for the constructors.
Departments which today are
in new quarters are the public
relation bureau, and the personel,
credit, auditing and purchasing
departments. During the con-
struction period they will be
uuartered in the central office Of
the company at Seventh and
Massachusetts Avenue, N. W.
Within a few days the real estate
department is to be Quartered in
the Walker Building.
Several buildings on Fifteenth
Street will be razed to provide
the space for the new building.
All banking and trust facilities
will remain at the main office,
officials said, and the main office
will continue to operate during
the construction period. Altera-
tions Of extensive nature will be
made to the present office as
soon as the 10-story addition is
erected, officials indicated.
Certificates for successful COM
pletion Of the courses in the
washington chapter, American
Institute Of Banking semester,
will be awarded to 48 students at
an open meeting Of the chapter
in the Langley Junior High
School March q.
Following presentation Of the
certificates, three-act comedy is
to be presented by the Security
Club of the American Security
and Trust Co. Elaborate ar
rangements for entertainment are
being made by the Women'S COM
mittee of the chapter.
Students to receive preStandard
certificates are: Samuel Bennett,
Paul j. Bisset, Frank C.. Cook,
James Duffy, jeanette B. Frazier,
Walter Raymond Fry, F. Barry
Gates, George P. Grau, jr.; Vic
tor Heflin, Arnold D. Keplin-
ger, Scott D. Morris, Mary M.
Pfeiffer, Harold Kicker, Jack
Kelley, Richard H. Sanderson,
Harry F. Scott, Neil Holiday
sprigg, Charlesk Albert Stra-
horn, Charles Albert Strahorn,
Charles Otis Tingley, Frank II.
Weaver, jr.
Those to be awarded standard
certificates are: Joseph Buscher,
James H. Dodge, Arthur C. Har-
man, H. Fleet Harper, Helen
Pauline HeWson, Frank H. Little,
Fred A. Lohmeyer, Evelyn E.
Lynham, j. H. McAllister, J. Earle
McGeary. Arthur E. Meade, Rob
ert B. Morris, r. NJ Poole, Ernest
w. Rauth, E. w. Schreiner. Valen-
tine, w. r. Smith, Blanch Wise.
Recipients of graduate certifi-
Gates in commercial banking are:
John F. Colbert. William P. Keith,
William H. Laughlin, Carl w.
Thompson, William G. Winstead,
J. Fred English, Charles B. Hagan;
in investment and banking. Anne
Preston Crawford, j. Fred Eng
lish, William P. Keith; in trust
banking, John M. Castell, jr.
A dividend of 4 per cent was
declared yesterday at the meeting
of the directors of the Security
Savings and Commercial Bank.
This is the regular quarterly
dividend and will be paid on
March 81 to holders of record
March Is.
The board of governors of the
Washington Bank Women's Club
will meet tonight at the home OF
President Mary Jane Winfree.
Mrs. Mary Minnegerode will be
the. guest speaker at the regular
monthly meeting to be held at
the Huguenot on March 20, IL
was announced.
Il, e. NlOu1AGJOVs " "oAAAAAeo "OAA
representative of the American
Bankers Association, is attending
the Eastern regional savings con-
ference in New York.
John Poole. president of the
Federal American National Bank,
has returned from a visit in New
York City.
Waggaman,. Brawner Co., in
vestment brokers here, announce
the installation of a direct, wire
with a contact in New York City
According to the announcement
by the local firm, the New York
connection is with the offices of
one of the leading investment
houses with a seat on the New
York Stock Exchange and asSo-
ciate membership in the New
York Curb.
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