Evening star., 1933-01-18
BEALE PROMOTED !
BY TRUST COMP ANY
American Security Announces
Results of Annual Election.
Other Meetings.
BY EDWARD b. STONE.

estate officer, TO vice pTeSluSHCS, q
the annual organization meeting heie
yesterday afternoon. He still retains
the title Of trust ofticer Otner o1ncerS
were reelected as follows:
Ccrcoran Thorn. president; HoWaro
Moran. vice president; Frederick T. II
Siddons. secretary; Charles E. Howe
treasurer: David N. Houston, trust offi-
Ger. William L. Beale, vice president
and real estate officer. ]. Damn Faber
auditor. Albert H. Shillington and Ro-
bert l.. Flather, assistant secretaries
T. STANLEY Holland Arthur @. Nichols
] Eliot Moran and Earl g. Jonscher
assistant trust officers; William w
Keck Hans w. Ireland, Percy @
Bra6y. James C. Dulin, jr., Edward Z
swan. Richard E. Harris, Harry +
White and Charles c. Boswell, assistant
treasurers.
The following Advisory Board Of
branches was also elected: John M
Beane. William E Bradley. joseph 2
Burke. Alexander S. Clarke, Charles X
Denny, John B. Geier, M. g GlooS
Charles M. Hammett. L. A. Herman
I Philin Hermann. Frank A. Johnson
Charles Kattelmann, G. Percy McGlue
William Miller, Howard Moran, James
C Nealon, M. Frank Rupert, John
Saul. James F. Shea. Alexander J
TAYLOR, Henry Wahl and George M
Yeatman.
Mr.. Beale, the new vice president
ioined the banks staff September 10
1919. as trust officer. after SIX years
service as assistant assessor OF real
etate for the District of Columbia. He
has remained active in the real estate
field, having served for three years as
a director of the washington Real
Estate Board He is at present chair
man of the boards Legislative Commit
tee and is also a member OF the Cltl-
zens' Joint Committee Of Fiscal Rela-
tions between the United States and
the District of Columbia
Born in Mason County. w. Va, Mr.
Beale came to Washington in 1908 as
manager of contracting company con-
nected with terminal improvements
made bv the Pennsylvania Railroad
In 1907 he became connected with the
J. H. Bradley Co. keeping this affilla-
ticn until appointed assistant assessor
by the Commissioners in 1913.
Other Banks Elect Officers.
Officers of the Commercial National
Bank were reelected late yesterday. as
follows: Wade H Cooper, president;
James H. Baden, Laurence A. Slaughter
Walter j. Harrison, vice presidents,
Frederick H. Cox, cashier; Bates War
rem; general counsel; Ralph D. Quinter
trust officer; Herbert v. Hunt. T. Black
well Smith NJ. F. Showalter, r. Jesse
Chaney. Nathan B. Scott, I'd, assistant
cashiers; F. A. Barbour, assistant trust
ef1cer
L. Harold Sothoron, counsel, Mount
Vernon Savings Bank, was elected a
director of the bank yesterday at the
stockholders annual meeting. Dlrec-
tors reelected were James H. Baden,
G.. NJ. BugniaZet. E. C. Dawson, Harry
w. Hahn. Fred Hewitt. Robert T. High
field, William H Johnston, DR.. E. F.
Koss, Frank w. Lee, William Much
leisen, H. Glenn Phelps. Arthur o.
Wharton and r. c. Zantzinger
All directors and officers of the Sc
curity Storage Co. were reelected, as
follows Directors c. A. AspinWan, w
S. Corby William J. Flather, c. F. Nor
ment, Corcoran Thorn. Officers, c, A
Aspinwall. president; c. w Pimper, vice
president and treasurer; Charles P. Ra-
venburg, secretary: Paul Alvey, assistant
secretary; Helen Howison. assistant
treasurer; Frederick A. Ray, superin-
tendent.
Officers and directors of the Federal
Security g. Mortgage Co. reelected
were the following: Morris Cafritz
president; George w Huguely, vice
president and treasurer; E. T. Chew
ming. vice president; James E. Smith
secretary; M. d. Rosenberg, general
counsel; directors, Harry M. Crandall
E. T. Chewing, Morris Cafritz, Charles
A. Goldsmith W. w Griffith, George
w. Huguely, Paul Himmelfarb, Vernon
c. Owen, NJ D. Rosenberg and James
e. Smith Adlai Mann was reappointed
general manager of the company
Enters New Business Field.
william NJ Candy, for IA years asso-
ciated in the local financial and invest
ment field, announces the formation o
the firm of W. M Candy & Co., en-.
gaging in the business OF life insurance
and estate counselling Associated witt
the organization are men of many year:
experience in the life insurance and in.
vestment field. The firm Will occup!
new quarters in the Southern Building
offering complete analytical service
Earl D. KreWson, local agency director
and A. Bergren, director Of the Grant
Fork, N. Oak, branch addressed tn
New York Life Agents Club at Monday
luncheon at the University Club on TIT
New York. They presented much valu
able information brought out at the con
ference. Albert w. Boenringer, clul
chairman. presided. other members Q
the committee being Alma McCrum ant
Warren Sanford Stone.
Approximately IS per cent of Gray
mur Corporation stockholders at Satur
days meeting voted TO accept the Trl
Continental Corp. offer to exchange
their securities for those Of the latte
company Formal dissolution of Gray
mur will be voted upon at a specla
meeting January 25. full acceptance o
the Tri-Continental proposal is prac
tically assured by Saturdays vote.
Pennsylvania Railroad reports for !
months ended November 30, 1882, ne
income Of Sl3.125.421 after taxes ant
charges. equal to 81 share tpar $50
OH l3.167,693 shares of stock. Th1
compares with $50, 0,269 1877, or Sl54
share on f3.I62,699 common shares il
first II months of 1881 November ne
income vas 81 ,669.0 .027 after taxes ant
charges. against net income of Sl205,
$50 in November, 1881.
Trading on ID. c. Exchange.
Potomac Electric Fuwer 5l2 per cen
preferred stock was active on the Wash
ington Stock Exchange today II fig
ured in eight different l0-share sales
all made at lot.
Potomac Electric Power IS. 1853
opened the days trading with Sl,00
selling at l0824 Georgetown Gas Ligh
SIS came out in $500 sale at 1903 {
For the first time in many sessions ther
were no sales in the new Washington
Gas bends which have already Wit
messed a turnover Of about S205.000 O.
the local exchange and advanced = o
point above the offered price.
Woodward & Lothrop preferred stoc
appeared on the bSard TO-DAY for tn
first time in many weeks. five share
selling at LOG.
Corcoran Fire Insurance Co. stock
now being quoted ex dividend. follow
ing the recent dividend declaration.
Sisson Urges Greater Thrift.
President Francis H Sisson. head {