The Washington times., 1934-04-17

w a shin gton
''''' Mechanics, SOL
Dunbar Hare vent during all
the banking strife, absorbed the
closed Mt. Vernon Savings in
March and within week or more,
possibly by April %, will take the
closed Franklin National Bank
under its wing.
Merger Imminent
That the consummation Of the
merger is imminent is evident by
the fact that the Washington Me
chanics will no longer be known
by that name.
For some time, since the Mt. Ver-
non was absorbed, there has been
some speculation as to why any
semblance of the Mt. Vernon name
was permitted to remain on the
builc&1g, which is at Ninth Street
and Mt. Vernon Place Northwest,
and, incidently, Mr.. Burton's and
the banks headquarters.
The change Of name SimplifieS
the matter and answers all queS-
tions. Why go to the expense
to change name just for
period of less than two months?
No Date Set
Mr.. Burton is working night
and day, trying to get the Frank
lin matters in shape for the
merger on Monday. He did the
same when the Mt. Vernon was
merging and, it is said by his
friends, that, if possible, he will
succeed. However, Mr.. Burton
still refuses to set a definite date.
Being the banker that he is, he
knows any number of situations
may arise which would cause q
poStponemert. inadvertently, a
definite date was set for the
opening of the closed Mt. Vernon
and as a result everyone worked
night and day to bring about
Oonsummationn. AS a result, Mr..
Burton is leery. He's not waiting
for the last roundup, but the last
Countup.
; One Of the funniest auctions
held in Washington in long time
was staged yesterday at the offices
Of Clark, Chi1ds and Keech, in the
Metropolitan Club Building. One
thousand shares of International
Match preferred stock, which
originally cost $4,000, went
under the hammer for the huge
sum of $40. When the gavel fell,
the auctioneer addressed the pur-
chaser, and exclaimed:
'May God bless yOu!"
Only three bids were made-$5,
&7.50 and SO.
International Match was part Of
Kruger. "the Match Kings"
financial empire.
C. Shelton (Buck) Buchanan,
one of the better known CUSTOM
.ers' men at Hemphill, Noyes &
Co., had an narrowing experience
Sunday night, and he never wants
It repeated.
Mr.. Buchanan, despite the con-
dition of the market, recently
built a new home in an exclusive
residential section.
Sunday night his wife put their
baby to bed and closed the door.
When she returned later, her ef-
forts to open the door were in
vain.
Mr.. Buchanan called the con-
tractor who built the house. He
could do nothing. Mr.. Buchanan
then went to the nearest fire
house, seeking use Of ladder.
He was. told that there was
nothing doing without the per-
mission of the deputy chief in
charge of the district. Finally,
Mr.. Buchanan contacted the
deputy chief and, without ado,
the necessary permission was
granted.
When Mr.. Buchanan reached
his home, he found a hook-and-
ladder company, with about IA
men, three police cars, and an
ambulance awaiting him.
But to hear the story and ap'
preciate its finale you must hear
what Mr.. Buchanan says:
"There was this ladder, tall
enough to reach to the top
: Of the Washington Monument,
against the back Of my house,
: and flock Of helmeted and
: booted firemen trudging up it.
"They climbed into the
nursery window and found the
: baby asleep. They couldn't
open the door without awaken
ing the baby. so they took the
door from its hinges. Then
!; they brought the baby down
to Mrs. Buchanan. And still
/, the baby slept on, despite the
sirens, the noise we had made,
= and the activities Of the police.
! "Just imagine all that activity
Just to get q sleeping baby out
Of his crib. There was police
ShOrt-wave broadcast that sent
the police scout cars scurrying,
and their sirens, together with
those of the fire department.
aroused all the neighbOrs. You
would have thought q murder
had been committed. What =
night"
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