Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-06

priSeS he has never
received salary from more than one
corporation at any time. and has nelo
office only in those organizations Tor
whose creation he has been respon-
sible.
MiIor Heads Building Association.
Rufus E. Milor, well known masonry
contractor, has been elected president
of the Fidelity Building & Loan Asso-
citation, succeeding Harvey Cox, assist
ant to the Attorney General.
The report of the retiring president
showed that the company, just one year
old, had paid per cent to its stock
holders on the first years business and
that S328,0O0 of the stock has been
subscribed. The authorized capital Is
S25.0OO,000.
All of the old officers were reelected
except Mr.. Cox. who resigned Ihey
are Harry j. Miller of the Caslon Press,
vice president; Marcus Borchardt, Sec
rotary, and John L. Fletcher, treasurer.
The six directors reelected were George
D. Sullivan of Fruit Growers Express,
Leo F. George of the Federation OF
Postal Clerks, Katharine r. Pike OF the
sCustoms Bureau, Alfred B. Baker of the
Suburban Title & Investment Corpora
ton. G. P. Bickford and Capt. Charles
o. Shaw of the Veterans Bureau. Fred
B. Rhodes and William E. Richardson
were renamed general counsel.
President Milor called attention to
the scope of the work being done by
Fidelity, saying that its charter per-
mits it to make loans within radius
of 80 miles of Washington. He said
that this field offered greater returns
to the company's stockholders as the
greatest demand for loans on small
homes now is in the suburban areas.
Special Convention Bulletin.
The District Bankers Association to-
day brought out a special Convention
Bulletin, edited by A. 0. Dooley and
devoted wholly to the coming session
at Asheville, N. C.
The Bulletin includes picture of the
mayor of Asheville and the special well
come sent to the members, an article
on the convention by President w. j.
Waller, and another article on the value
of bankers conventions by H. II. Nc
Kee, president of the National Capital
Bank and vice chairman of this years
program committee.
The sports, entertainment and sight
seeing programs, plans of the Asheville
Chamber of Commerce and full details
regarding transportation are also in
cluded in the booklet. also descrip-
ton of Asheville and the Grove Park
Inn.
The Bulletin includes a number of
pictures and requires Is pages. 1t pre-
sents the special attractions in very
interesting manner. Bankers all over
the city are showing more than usual
interest in the coming gathering and
the attendance this year is likely to
break all former records.
Bond Club dominates Officers.
Nomination of officers for the Bond
Club of Washington to be elected at
the annual outing of the club at Burn
ing Tree Club, June IS, are announced
as follows: For president, Sidney It.
Thomas of Gillet 81 Co.; for vice presi-
& Sons; for secretary treasurer, w. W..
Mackall; for. members of the board Of
governors, Baker Robinson, Y. E.
Booker & Co., and Charles Henderson,
Henderson, Winder 81 Co., correspond
ents of Lee, Higginson & Co. The re-
firing president is Franklin H. Ellis of
<. H. Rollins g. Sons. A new office has
been created, that of assistant secre-
tary-treasurer, the incumbent to be
designated by the president.
Outing chairmen announced are:
Robert Stead golf: Charles Carroll
Morgan, G. M. P. Murphy & Co., put
ting contest; Kenneth S. Wales, Bon
bright & Co., dinner; Sidney T. Thomas,
prizes; Lawrence NJ Proctor, tickets.
Members of the nominating committee
are Kenneth S. Wales, C. c. Morgan,
Robert Stead, Franklin H. Ellis, w. w.
Mackall.
New active members of the club are
John F. Brawner, G. Fenton Cramer,
Frank ]. Rapee and John T. Pelton
OF Waggaman, Brawner 81 Co.. Inc;
James Weir. Townsend, Scott e. Son;
Ralph M. Wolfe, Mackubin. Goodrich
e. Co. New associate members are E
J. Walsh and Joseph Sheehy of E. j.
Walsh g. Co.
Washington Gas Stock Active.
Washington Gas Light stock turned
active today after sleeping quietly fol
some time. The market opened with
10 shares selling at 1877. followed by Al
more changing hands at the same fig
ure. 1t then advanced to 1877. where
%. 80 and another 10 shares moved al
that figure.
Capital Traction again sold at 1914
Railway e. Electric preferred at 98la
-4anston at 124 and Merchants Trans.
fer g. Storage preferred at 100. Ameri.
can Security g. Trust sold at 412.
Mergenthaler Linotype opened witt
80 shares selling at lot and closed with
20 shares moving at 1861. The las
stock sale was in Potomac Electric
Power 51s per cent preferred at 108.
Bond trading was confined to Wash
ington Gas issues, Washington Railwa.
IS. The latter opened at 80 and close'
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