Evening star., 1936-02-12
Calnan Heads Liberty Bank.

M F. Calnan assumed his new du-,
ties as president of the Liberty Ma
tional Bank today, following yester-
days election by the directors. He
succeeds the late Rolfe E. Boiling,
who had been head of the institution
since 1881.
MIR. Calnan was elevated from the
position of vice president and cashier,
which he had held since April, 1881.
He has had wide experience in bank
ing, having been associated with the
Liberty National for II years, or
since July, 1919.
Coming back from Is months serv-
ice in the World War in France, he
started his banking career as utility
clerk. He advanced rapidly. In 1920
he was elected assistant cashier, in
May, 1922, cashier. Nine years later
he was made vice president.
The new bank chief is native of
Maryland. He was born in Iona
coming, September l6. 1890. which
means he is as years old. In addi-
ton to his work in the bank he has
found time to work for the District
Bankers Association as member of
several important committees. He is a
member of the board and treasurer
Of st. Vincent's Home and School,
member of the Board of Catholic
Charities and treasurer of the Car
dinal Gibbons Institute.
He is also a member Of the Wash
ington Board of Trade. Alhambra,
knights of Columbus, Friendly Sons of
St. Patrick, Sons of Veterans of
the Civil War and the American Le-
gion From many other banks and
business houses today he received a
host of congratulations.
Tribute Paid d. S. Bethune.
Members of the Washington agency
of the Equitable Life Assurance Soci-
ETY. of the United States gave a lunch
con Monday at the Hay-Adams House
Bethune, on his twenty-fifth anniyer-
sary with the Equitable Life Assurance
Society.
The many guests of honor, among
whom were J. E. McCombs, president
of the District of Columbia Life Un-
derwriters' Association, and Frank T.
Limont, superintendent of agencies for
the Southern department of the
Equitable, paid tribute to Mr.. Bethune
and the fine work he has done in
building the Washington agency to its
present high level. A suitably engraved
silver vase was presented by the men,
bers of Washington agency to Mr..
Bethune in recognition of his Is years
of service.
During the year 1885 the Equitable
Life Assurance Society increased assets
S158, 100000. This is the largest in
crease in Equitable history and the
assets of the company now total
Sl,816, 100000 The total insurance in
force is now S6,226, 100000, $83, 900, 900
of which was added during 1895.
Joint Meeting Announced.
The auditors section and the safe
deposit section of the District of Co.
lumbia Bankers Association will meet
in joint session tomorrow evening at
the Hamilton Hotel, preceded by din
ner at 8 o'clock.
James D. Barrett, auditor of the
American Security e. Trust Co. and
chairman of the auditors section, will
preside. Albert E. Fisher, manager of
the safe deposit department of the
Riggs National Bank and chairman of
the safe deposit section, announced
that large number of his group would
attend.
Hans w. Ireland, assistant treasurer
of the American Security g. Trust Co.,
will talk on the work of the safe de-
posit section, and Andrew r. Walden
of the Hamilton National Bank will
speak on THE Auditors Viewpoint"
Lands to Talk Informally.
James M. Lands, chairman Of the
Securities Exchange Commission, will
be the attraction at the luncheon of
the Bond Club of Washington tomor-
row at the Racquet Club, on Sixteenth
street.
James H. Lemon, partner in James
M. Johnston e. Co., who is president
of the club, announced today that the
attendance may break all records at
these luncheons. More than las men,
bers and guests have already signified
their intention of being present In
order to hear what Chairman Lands
has to say.
Several officials In Washington
banks are planning to attend, as well
as several Government officials. 1t
will be the first luncheon held this
year and will start at 1880.
Rosslyn Steel Election.
At meeting of the Board of Direc-
tors of the Rosslyn Steel & Cement Co.
the following officers were elected: W.
C. Kiesler, president; g. H, Galliher,
vice president; Arthur J. Linn, secre-
tary. and Malcolm s. McConihe, treas
urer.