Evening star., 1935-12-27
ENGINEER NAMED
TO c. & P. BOARD
LAWS Well Known for Work
on Pulaski SkyWay and
Other Projects.
BY EDWARD C. STONE.

John A. Remon, general manager
of the Chesapeake g. Potomac Tele-
phone Co., today announced the elec-
ton of Fred LAWS, consulting en-
gireer of New York, to the board OF
directors. ..+ts-s
The new director is specialist IN
railroad and highway engineering.
He. was the consulting engineer on
the Pulaski skyway project and for
merly was president of the Interna-
tional Railways of Central America
and consultant for the National City
Bank, j. Henry Schroeder Banking
Corp and of the Latin American
Bondholders' Association.
Mr.. LAWS is a member Of the Amer
lean Society of Civil Engineers, Amer
ican Railway Engineers Association.
American Institute of Construction
Engineers, Pan-American Society,"
New York Council, Institute of Civil
Engineers; Union League and India
House Clubs. In 1881 Mr.. LAWS was
mayor Of the town of ScArsdale, N. Y,
where he now resides.
Other directors of the company are
E C. Graham. John Poole, Lloyd B.
Wilson, Marshal D. Sedan, Philip o.
Coffin, Robert v. Fleming, DR.. Gill
bert Grosvenor, Merle Thorpe, Will
liam w Everett and Harry L. Rust, Jr.
Bank Promotes J. F. Hillyard.
James F. Hillyard has been selected
as assistant trust officer by the direc-
tors of the National Bank of Wash
ington, President George L. Starkey
announced today.
The new officer has been connected
with the Bank of Washington for the
past Is years He is graduate OF
the American Institute Of Banking, of
Business High School and Columbus
University Law School, is member
of the bar of the District of Columbia
and has been admitted to practice be-
fore the Supreme Court of the United
States.
He is vice chairman of the Safe
Deposit Section of the District of Co.
lumbia Bankers Association, president
of the Michigan Park Citizens Asso-
citation, member Knights of Columbus,
WASHINGTON Board of Trade. National
Capital Republican Club, Sigma Delta
Kappa. intercollegiate Jaw fraternity
and is also a member Of the Taxation
Committee of the Fiduciaries Section
of the District Bankers Association
Mr.. Hillyard is native OF Washing
ton. He has won severa! essay con-
tests, which were open TO the members
of washington Chapter. American In
stitute of Banking, and sponsored by
the District association.
Another Bank Votes Dividend.
Directors of the National Capital
Bank Yesterday declared a semi
annual dividend of per cent, payable
to shareholders on December 81, Presi-
dent H. H. Mckee announced today
This adds one more dividend disburse-
ment to the many others which have
been declared in the recent past, sew
eral extras being included IN the list.
It is learned in the financial district
that George c. Mathews, member OF
the Securities Exchange Commission
has declined an offer to enter private
business as an executive Of large
utility company and will remain IN
Government service. The former Fed
eral Trade Commissioner is considered
one of the key members Of the Securi-
ties Exchange Commission and his as
sociates are pleased that he has de-
cided to stay here. Friends say the
position would have taken him to New
York to live and he preferred to reside
in Washington.
Several Washington financiers have
f0 nn fyvo
anniversary celebration of the Mary
land Home Title Insurance Co., at its
home Office in Upper Marlboro. next
Tuesday from $3.50 to O'Clock. Off
GERS of the association report the past
wear as one of the best in the quarter
century.
Norfolk & Western Railway reports
for II months ended November 30,
1895, net income of S22,800,220 after
taxes and charges, equal after divi-
dends on 4 per cent preferred stock,
to 1851 a share on 1,406,48 shares
of common stock. This compares
with s18,453,525 or $12.52 common
share in the first II months OF 1884.
Todays Trading on Exchange.
Washinton Gas SIS, 1860, opened
business On the Washinton Stock Ex-
change with $500 transfer at 1151a
Capital Traction SIS came out on two
transactions at 92l4.
Washington Gas SIS appeared on the
board again, $500 moving at 11512 and
closing with $1,000 sale at 116A
Washington Gas 6s, Series B, came
nit in a small sale at l003a
In the stock division there was an
other transfer of Bank of Bethesda
stock at Is Other stocks were neg
Iected, but bid and asked prices re-
manned firm.
Directors of the Columbia Title Co.
have declared semi-annual dividend
of per cent, payable December 81
to stockholders of record December 20
It was reported cn the exchange today
A similar per cent semi-annual
dividend has been declared on the
Real Estate Title Co.'S stock, also
payable December 81 to shareholders
Of record December 20.
Heard in Financial District.
Virginian Railway reports, for II
months ended November 80, 1885, net
income of $3,644,10 lot, after taxes and
charges, equal, after dividends on
per cent preferred stock, to $6.73 a
share on 3l2,715 shares of common
stock. This compares with $3,187 $40
or S5.27 common share, in first II
months of 1884.
The Pennsylvania Railroad reports
II months gross as $335,770,75
against $316, 757 .639 in the like 1884,
period. Net railway operating income
in the II months amounted to $64,
Dol ,055, against s58,760,220, gain oi
$5,240,835. November net revealed ar
increase of s1.4ee. .1a1 over November
1894.
Additional compensation. for al
hourly basis employees of Internationa
Business Machines Corp. at Endicott
Rochester WASHINGTON and Toronto