Evening star., 1934-03-04
CLARENCE BURTON
ELECTED PRESIDENT
OF ENLARGED M
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institutions, and eventually will in
clude also some from the Franklin
National Bank.
Officers Of Bank.
President Burton has established
his Offices at the Mount Vernon head
quarters, where will be located also
Frank w. Lee, former president Of the
Mount Vernon. now a vice president
of the Washington Mechanics. and T.
Edwin Norris, assistant cashier of the
Mount Vernon, who becomes assistant
cashier in the headquarters.
Officers Of the Mechanics now in
clude two other vice presidents. A.
Scott Offutt and Lieut.. Comdr. F. P.
Williams, U. S. N. retired. who Is
treasurer Of the Army and Navy Club,
both from the Mechanics Bank.
At the four branches Of the insti-
tuition will be William B. Mehler. jr.,
assistant cashier. in charge at Con-
necticut avenue branch; Bernard M.
Grant, assistant cashier, in charge Of
the southeast branch. along with vice
president Offutt; Joseph M. Mccarthy.
assistant cashier at East Capitol and
Ninth streets, and T. E. Elgin, as
sistant cashier, along with Lieut..
Comdr. Williams, vice president, at
the Georgia avenue branch
Cashier Of the bank continues to be
M. H. Buckingham.
Four new members have been added
to the Mechanics board of directors
from the Mount Vernon, as follows:
A. o. Wharton, vice president and
former conServator Of the Mount Ver-
non. who is president Of the Inter-
national Association of Machinists; G..
M. Bugniazet, general secretary-treas-
urer Of the International Brotherhood
Of Electrical Workers, who is also
president of the Union Cooperative
Insurance Co.; j. B. Pruitt, secretary
treasurer OF the International Brother
hood of Bookbinders, and Fred w.
Hewitt, editor of the International
Association of Machinists' Journal.
These are added to the 10 present
members Of the Mechanics Bank.
Seven more members are to come to
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officially joins the merger.
Highfield Declined Post
Robert T. Highfield, a vice president
Of the Mount Vernon, was offered q
post In the new bank, but felt he
should accept the post of executive
secretary Of the Mount Vernon
Liquidating Trust, in which capacity
he will have an Office upstairs in the
same building to liquidate remaining
assets Of the old Mount vernon Tor
the benefit Of depositors.
Mr.. Burton was born in the District
OF Columbia in 1885, the son OF Wal
ter Burton, who for SO years was
head Of the old National Hotel IN
the heyday. Mr.. Burton was grad
uated from Central High School In
1904 and from Georgetown University
Law School in 1907. He is q member
Of the bar Of the District Of Columbia
and admitted to practice before the
Supreme Court Of the District, the
Court Of Appeals of the District and
the Supreme Court OF the United
States. During his high school days
he worked In the reporting room OF
the United States Senate.
When the Franklin National Bank
Joins the merger. John B. Cochran.
president Of the Franklin. VIII become
chairman Of the board OF trustees Of
the new merger, and Thomas 2. Hick-
man, vice president OF the Franklin,
will become . vice president.
Mr.. Burton will continue . preM-
dent Of the merger after the Franklin
Joins. adding smother banking house
at Tenth street and Pennsylvania
avennA