Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
NEW AL. B. RECORD
SCORED AS YEARS
ACTIVITY IS ENDED
Officers of Washington Chap
ter Pleased at Showing
Made by Students.
MORE THAN IS PER CENT
COMPLETE THEIR WORK
Two New Courses Were Added to
Curriculum During the
Present Year.

The percentage of students COM
pleting their prescribed courses of the
Washington Chapter. American Insti-
tute of Banking, last season broke all
records in the history Of the local
chapter.
This was disclosed last night by
Aubrey o. Dooley, assistant trust Of
ficer Of the Federal American National
Bank & Trust Co.. who was chairman
of the chapters Educational Commit
tee. He is now president of the chap
ter, succeeding Frank M. Perley Of the
American Security SC Trust Co.
"Oficers of Washington CHAPTER are
particularly gratified over the fact that
new record in class mortality was
established this year" said Mr.. Dooley.
activity.
Total Enrolment 664.
1.-THE class enrollments for both
gemesberS totalled 664 OF this num-
Der there were 391 class enrollmentS in
subjects that are required to be- COM
pleted before a student may qualify for
the standard certificate of the insti-
tute." Mr.. Dooley stated that 85.0S per
cent of the students enrolled in the
prescribed courses successfully COM
pleted their work The class mortality
for the year was, therefore, 1892 per
cent, which was by sos per cent the
lowest in the history of Washington
Chapter.
The whole record for the year, Mr..
Dooley said, indicated lone of the most
successful years in the history of the
local institute. The chapters educa-
tional program for the last year." he
explained, embraced 16 courses in IL
different banking subjects. During the
Fall term there were 16 classes a week
in eight subjects and in the Spring
term Is classes week in nine subjects.
This resulted in an average of 1914
class hours week for the entire term.
During the year two new courses were
introduced in the curriculum, one a
special class for women in Problems
of Personal Efficiency" the other in
-"Real Estate" Both of these classes
experienced a large enrolment and
proved highly instructive and successful.
Announcement was made that IA GER
ti1cates in public speaking will be
awarded members of that class. Again
the local chapter has cause to be proud
because this marks the first time stu
dents of Washington Chapter have
earned certificates in that subject. The
class conducted % sessions of IL
hours each which work was supple
mented by special assignments includ-
ing participation in debates and public
speaking contests, concluding with a
final examination. For the first time
Washington Chapter had a representa-
tive in the A. P. Giannini District Pub
lie Speaking Contest which was held in
Lancaster. Pa.
There were IL members on the faculty
last year which included prominent
bankers, lawyers, accountants and edu-
Gators. Washington Chapter has one
of the best teaching stats among the
223 chapters in the national organiza-
ton.
Frank M. Perley Of the American
Security 81 Trust Co. whom Mr.. Dooley
succeeds as president of Washington
Chapter. presented complete report
OF the chapter activities during the year
to the District of Columbia Bankers
Association at Hot Springs. Va. last
Friday. Mr.. Perley's report was en-
Enthusiastically received and highly COM
nended by members of the association.
Dividend Declared.
The board of directors of Blue Ridge
Corporation has declared the eighth
regular quarterly dividend on its
optional per cent convertible prefer
ence stock, series of 1929, payable on
September l, 1881. to stockholders of
record at the close of business on
August 5, 1881. at the rate of 1-32d of
one share Of the common stock of the
corporation for each share of such
preference stock, or. at the option of
such holders providing written notice
thereof is received by the corporation
on or before August Is. 1931) at the
rate OF rs cents per share in cash.
New Bond Issue.
HalSey, Stuart & Co., Inc, have pur-
chased and are expected to offer early
next week a new issue of $4,500,O0O
Houston Lighting & Power Co. (Hous-
ton, Tex) AZ per cent gold bonds,
series E, due June /, 1881. Proceeds
from the sale of these bonds, which
will constitute a first mortgage on the
properties Of the company, will be
used to retire series B first mortgage
6 per cent bonds, due 1858 and out
standing in the amount of $4,000 900;
q like amount of 512 per cent first
mortgage bonds, series c, due 1854, and
for other corporate purposes.
The company, incorporated in 1906,
supplies electric power and light to 70
communities in a growing and pros
porous section of Texas, including the
City OF Houston which the company
has served for the past quarter of a
century. Houston. according to 1880
census figures. has a population of
292, 1852, compared with 1926 in 1920.
an increase of more than ITO per cent
n AnaA do