Evening star., 1933-03-26

Daniel Carroll of Duddington George Blagden.
John Davidson. Joel Barlow. Robert Brent.
Frederick May, James s. Stevenson, George
Calvert and Joseph Forrest. Daniel Carroll was
chosen Is the f1rst president and Samuel Eliot,
jr.. Is cashier. Later. Samuel H. Smith. editor
Of the National Intelligencer, was added to the
directorate.
MAYHEM the British raided Washington in
w 1914 the effects of the Bank of Washing
ton were removed to Brookvile, Md. and there
remained for 10 days. and THAT this National
Capital remained the seat Of Government Of
these United States, after the acts of vandalism
by the British Is due" according to one
historian, ITO the patriotism Of the citizens of
the District of Columbia, backed by the money
Of its young banks" It was through local en-
terprise thas tc-,porary home for Congress
was built On the site of the Supreme Court
Building and which stood there until a few
years ago, remodeed into q dwelling as was
testified to in court by witnesses with personal
knowledge as to the facts.
The Patriotic Bank, organized in May. 1915.
Is also referred to in the directory for 1922 It
was then ON Pennsylvania avenue between
Ninth and Tenth streets and its directors in
ciuded at that time Robert Y Brent Phineas
Bradley. Daniel Carroll. Edward De Kraft, Con-
slant Freeman william Gunton, Thomas
Hughes. Stephen Pleasanton. william Pruat,
Timothy Winn and N. Young At first its ON
Gers included Robert Brent a. president and
Ovefton Carr Is cashier. When it was frst
organised It had its ONCE ut Seventh and d
streets northwest It was this bank that first
started savings department In this city. when.
under certain conditions Of depesit. it resolved
to pay interest to depositors
Other early hanks include the Central Bank
Of Georgetown. organised under act of March
,. 1877: its affairs being wound up because
CAns1ass refused 10 renew its charter
The old Farmers and Aeehanics Bank a
0eorgetovn continued In business until 1873,
when It was merged with the Riggs National
Bank. It was organized February Is, 1914, at
Crawfords Hotel. which was none other than
the old Union Hotel. destroyed by fire in 1881,
rebuilt In 1886 and still standing at the south
east corner Of Thirtieth and n streets north
west Mclaughlin conducted this hotel about
1907 when he was succeeded by william
Crawford the hotel taking his name for the
time being.
An earlier bank. Incorporated in 1904 to do
bustness In Alexandria, was the Bank of Po-
tomac The Union Bank Of Georgetown, char
tered in 1911, continued to function for nearly
40 years
OF course. there had to be bank robbery and
the earliest one on record around Washingtou
occurred July 30, 1906. An ofncer Of the Bank
OF Columbia. named Peter, was the unfortunate
one to be held up. Apparently he was the
runner for the Georgetown institution (but evil
IDENTIFY not sprinter) and was on his way, On
horseback, to Alexandra with . large sum OF
money when he was shot and robbed Of $lS.ll4
made up Of post notes Of the Bank of Virginia,
post notes Of the Bank Of Alexandria ana eur
rent notes Of the Bank Of Potomac. The cul-
prit escaped-just as they 20 frequently do.
Fortunately. however. Mr. Peter recovered and
vas later able to resume his duties.