Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-08

ing men of means in this country. as
seen by Mr. Smith, promises to be an
interesting feature" the announcement
said. During the last few years he has
been amazed by the many services
which the trust department has per-
formed for him in meeting ms own
personal problems"
Another speaker will be James H.
Perkins. president Of the City Bank
Farmers Trust Co., New York. who will
describe "The Uniform Trust" and tell
how this new form of the investment
trust NAV be adapted by the trust COM
pany. Answers will be made to such
questions as to how the machinery is
set up for supervising the investment
of funds In this trust and what pro-
portion Is kept invested IN common
stocks, bonds and cash. P. D. WILCOX,
manager of the Midland Executor q
will speak on executor and trustee work.
Mr.. wilcox is an outstanding leader
In trust work in England.
How to handle trust business in q
branch banking system will be discussed
by William j. Kieferdorf, head OF the
trust department Bank Of Italy, San
Francisco. L. H. Roseberry, head OF
the trust department, Security First
National Bank, Los Angeles. will discuss
WndG Is AQ6QudVC compensation AO1
Trust Service" covering the lack OF
uniformity in fees charged for trust
service and answering such questions as
the scientific way of determining fees,
whether compensation should be based
on income or on a part Of the prin-
cipal and what fees are too low. Francis
H Sisson, vice president Guaranty Trust
Co., New York, will indicate the rate Of
growth in trust business for 1929, as
revealed by national survey being
made by the trust company division.
Investment Firm Elects Oficers.
At the annual meeting of Waggaman,
Brawner g. Co., Inc, local investment
bankers, the following were elected OIL
GERS and directors for the ensuing year:
Ennalls Waggaman, president; F. p.
Waggaman, vice president; F. B. Pryor,
vice president and general manager;
T. c. Montgomery, vice president; w. e.
Burnside, treasurer; j. F. Brawner, Sec
rotary and assistant general manager,
and T. z. Kelley, assistant treasurer
and cashier.
Insurance Trusts to BE Subject.
Harold D. Kraft, president Of the
District Of Columbia Life Underwriters
Association, announces a dinner meet
ing Of the association next Thursday,
February Is, at the National Press Club.
The guest speaker will be Walter e.
Roberts Of the Equitable Trust Co. Of
New York, who will discuss Life In
surance Trusts AS q large number
Of Washington bankers are deeply In
terested in this subject. the meeting is
to be made a Joint affair and many
bankers are expected to attend. The
dinner starts at $50 in the main ball
room.
Collateral Shares Dividend Fixed.
Kenzie w. Walker, chairman of the
board, Standard Collateral Shares Cor
poration, announces that the dividend
on Standard Collateral trustees shares
to be paid on February Is, 1880, by
the Empire Trust Co., trustee. to hold
ers OF record on January IS, 1880, will
be 52.88 cents per share, as compared
with 46 cents per share for the CORE
spending period Of 1929.
Another Woman Bank onicial.
In connection with the election of
Miss Mary j. Winfree as assistant CASH
Ter OF the Commercial National Bank,
it Is interesting to note that another
local bank also has an active woman
bank ofncial. Miss e. NJ. Michael has
been assistant cashier of the North
Capitol Savings Bank for some years,
carrying out the duties of the office
most acceptably. On the last control
lers call this bank reported capital
stock, $4,000; surplus. $780, 600; undi-
v1ded profits, 1896. and deposits, ST.
509,O72. The other officers include
Theodore Michael, president; George
Clagett, vice president; p. Henry Coates,
cashier, and e. S. Burgess. secretary.
Financial District GIeaninrs.
President Robert ". Fleming of the
Riggs National Bank, who has been
spending a few days in Florida, will
be back at his desk Monday.
President Wade H. Cooper Of the
Commercial National Bank is passing
the week. end in New York and Atlantic
City.
Frank B. Pryor, vice president and
general manager of Waggaman, Brawner
o. Co., Inc, has left for North Carolina,
where he will inspect some gas proper
Ties. He plans to return to Washington
the middle Of the coming week.
The following members Of Washing
ton Chapter will attend the annual ban
quet of Baltimore Chapter this evening
A. A. Henze, T. H. Leith, James A.
Soper, Frank M. Perley. Miss Mabel v:
Royce, Miss Mildred Woodcock and Miss
Rose L. Royce.
January building and engineering
contracts in 81 States east of Rockies
total S323,975 200, 2 per cent increase
over December but 81 per cent decrease
from 1929 month.
Shubert Theater reports net loss OF
Eo72,055 in six months ended December
81. against net profit Of $47o.ss2 in like
1928 period.