Evening star., 1936-04-15
BURTON RENAMED
CITY BANK CHIEF
Board Session Follows
Stockholders Meeting
in Alexandria.
BY EDWARD c. STONE.

". r. Dull UOll was lO-SASSoSA - ANo>SNA>S
of the City Bank at the organization
meeting of the Board of Directors yes
terday afternoon following the an
nual meeting of the stockholders, held
earlier in the day in Alexandria. The
directors meeting took place at the
banks head Office at Ninth street and
Massachusetts, avenue northwest.
All other officers were reelected for
the coming year. including Thomas
P. Hickman, A. S. Offutt, Frank w.
Lee and F. H. Cox, vice presidents;
M H Buckingham. cashier; T. E.
Elgin. B. M. Grant, William B. Mehler,
jr.; H. e. Mercier, T. E. Norris and j.
G. Stephenson, assistant cashiers.
John A. Hummer was chosen man.
ager of the banks branch Office at
Ninth and East Capitol streets. He
has been with the bank for years.
much of the time assigned to the
office over which he has now been
placed in charge.
The stockholders reelected the fol-
M. H. Buckingham, G. F. Burton. L.
W. CaSs, Fred Hewitt, T. P. Hickman.
w F. Kelly. F. w Lee. ]. B. K. Lee,
G. A. Lilly, A. S. Offutt, L. H. Phelps.
z. F. Pickford. j. B. Prewitt, j. c.
Pyles and A. o. Wharton
Proffitt Joins Bank Board.
Col. Edward j. w. Profltt Of New
York and Washington has been elected
to the Board of Directors of the In
ternational Bank. President John r.
Waller announced this morning. The
new director is an authority on United
State Government bonds, having been
formerly connected with the Treasury
Department and as adviser to national
banks in the operation of their Gov
ernment bond portfolio, including the
National City Bank of New York.
Col Profitt first came to WASH
ington as member of the War De-
partment general staff and under the
Wilson administration served as
member of the War Claims Board.
Later he served as associate counsel
on the United States Shipping Board.
After conference with his asso-
ciates on the board, Col Proffltt said:
"The demand for assistance on the
part of large corporations confronted
with perplexlng problems. reorganiza-
ton and financial readjustment has
brought about an increase in the IA
cillties of the international Bank in
developing relations with various Gov
ernment agencies which are equipped
TO offer financial aid to sound busi-
ness. The r. R. c., the F. H. A., the
p, w. A., and the Federal Reserve
Board are prominently in the fore
ground in assisting industry to re-
cover from the effects of the last few
years Of depression
Akre Wins Speaking Contest.
Charles T. Akre. Riggs National
Bank. won the Bank Presidents Tro-
ply in the public speaking contest of
washington Chapter, American Insti-
tute of Banking, last night in the
chapter rooms. Second place was
captured by E. Wallace Schreiner,
First National Bank, Alexandria; third
place by Louis E. Purnell. Riggs Ma
tional, and fourth place by A. STAN
ley Wolf, also of Riggs National.
Wallace Schreiner will enter the
district semi-finals in Philadelphia
in competition for the Giannini prize.
which will be offered at the national
convention in Seattle The winner
Of first place last night cannot enter
This hn ie -
the institute standard certificate.
The contest aroused great interest
and enthusiasm. The judges were
Joshua Evans, jr., vice president, Ham
Nton National Bank; H. Winship
Wheatley, past president of the Dis
trlct OF Columbia Bar Association and
Prof. H. Goddard Roberts, in charge
of public speaking at George Washing
ton University. The winner of Sec
ond place this year won first place
last year.
Nordlinger Heads Equitable.
Isaac B. Nordlinger was reelected
president of the Citizens Equitable
Building Association in Georgetown
at the annual meeting just held. Other
officers and directors were elected as
follows:
John Hadley Doyle, vice president;
Harold w. Burnside, secretary; Mrs.
Irene B. Arendes, assistant secretary,
and Harry L. Selby, treasurer. The
directors include Patrick F. Carr, A. L.
Haycock. j. L. Kolb. jr., DR.. Robert
z, Layton and George A. Scheele.
Bernard l. Nordlinger was reelected
counsel.
The association launched its fifty
fourth year of activity in Georgetown
on April l. officials report that 1885
year since organization.
New Stock Offered Today.
James M. Johnson g. Co. and
Waggaman, Brawner & Co., both
Washington investment houses, are
participating in an offering of pre-
ferred and common stock made today
by the San-Nap-Pak Manufacturing
Co. The company is putting out |
$4,000 shares of preferred and 1880
OF common in units of 10 shares of |
preferred and 3 of common, priced |
at $100 per unit. Sale of the stock |
is being conducted through the pros
pectus in Conformity with the rules |
OF the Securities and Exchange Com
mission and is underwritten by c.
3. Ewart & Co., New York
Auditors to Attend Conclave.
Thirty-five members of the auditors
section of the District Bankers Asso-
citation will attend the fourth Eastern
Regio1al Conference of Bank Auditors
and Controllers to be held in Bal
tirnore Friday and Saturday. Wash
ington bankers who will address the
sessions are Raymond G. Marx, Riggs
National; Millard S. Yeatman, Ham
ilton National; Arthur ]. Linn, Hamil-
ton National and vice president of
the national association, and William
B. Mohler. City Bank The program
has aroused unusual interest among
auditors in the banks here.
Riggs Common Reaches $50.