Evening star., 1936-05-30

cent, Hlileary q.
Hoskinson, vice president, Riggs Ma
tional Bank. second vice president;
Ord Preston, president, Union Trust
Co., third vice president, and Albert s.
Galley, vice president. Lincoln Ma
tional Bank, treasurer. Frank ].
Hogan will be asked to serve the asso-
citation again this year as general
counsel.
President Charles H. Doing had ap-
pointed as members of the Nominating
Committee. Victor B. Deyber, Second
National Bank; Sidney F. Taliaferro,
Riggs National. and Frederick P. H.
Siddons, American Security & Trust
Co.
Corby Native Of District.
Corby who will guide the affairs Of
the association during the coming
year, succeeding Doing, is native
Washingtonian, graduate of wash
ington Collegiate Preparatory School
and of the Wharton School of Finance,
University of Pennsylvania. 1915. He
was associated in business with his
Slidl lCS L. SOl dlith llIC
latter's death in 1925. That same
year he was elected to the directorate
of the Riggs National Bank and Is
still serving on the board.
In October, 1923, Corby became
active as a general partner in the
Hibbs brokerage firm, members of
the New York Stock Exchange and
other exchanges. He Is member and
official of the Washington Stock Ex-
change and the New York Curb
Exchange.
His other interests are numerous
and varied. A member of the Board
of Trustees Of George Washington
University, he is chairman of the
Finance Committee He has served
as president of the Central Dispensary
and Emergency Hospital since May,
1884. For more than 10 years, he
has been on the Board Of Directors
of the Lanston Monotype Machine Co.
He is married and has two children.
Adolph Miller Speaks.
Groom presided at the final husi-
ness session at which several impor-
tant annual reports on section and
committee activities were read.
DR.. Adolph C. Miller. former mem
Der of the Federal Reserve Board,
gave an address on the Gold Stand
ard"
Robert L. Flather. chairman OF the
Advertising Committee, in a report
placed on file. showed that the public
relations campaign was highly sue
cessful and that the booklets promot-
ing better understanding of bank
ing and sound banking practices were
in great demand
Reports Presented.
The report of the Auditing Com
mittee, W. Frank D. Heron, vice
president, Union Trust Co.. chairman,
was presented, as was the report OF
the Insurance Committee of which
the chairman was William v. Sim
mons, trust officer, Liberty National
Bank. Francis G. Addison, jr., pres
ident. Security Savings g. CONNER
cial Bank, presented the report of the
Law and Legislation Committee.
Another report came from the Pro-
tective Committee, the chairman be-
ing James A. Soper, vice president
and cashier. Lincoln National Bank.
A. Scott Offutt, vice president, City
Bank. eported for the Standard
Banking Forms Committee, while the
days final report for the Taxation
Committee came from Chairman Tai
iaferro, trust officer, Riggs National
Bank.
Credit Bureau Report.
Reporting for the Credit Bureau
Committee, James c. Dulin. jr., chair
man, stated the outstanding credit
development during the year was the
increase in the use of the Federal
Housing Administration loans. From
April 80, 1885, to April 80, this year,
the banks of Washington granted
1892 loans aggregating S2,032, SOB AZ,
ranging from z loans aggregating $4,-
785 by the member bank granting the
smallest number, to 1,116 loans total
ing $475 ,561.69 by the member grant,
ing the largest number.
In addition to loans granted by
banks. Chairman Dulin said other
agencies in the District, including in
dustrial houses, real estate and finance
companies. had granted SIS loans ag-
gregating $257,34916.
Chairman Dulin's report revealed
that the banks in the Capital are still
very active in pushing recovery by
advancing sllch lnans