Evening star., 1937-06-11
Quinter Heads Mortgage Firm

Quinter Heads Mortgage Firm.
At the fourteenth annual meeting of
the stockholders of the Real Estate
Mortgage & Guaranty Corp Lewis E.
Breuninger retired as president, but
consented to remain as chairman of
the board and member of the EX-
ecutive Committee.
At meeting of the directors follow
ing the stockholders meeting, Mr.
Breuninger was elected chairman of
the board, Ralph D. Quinter was
elected president and Wilmer F.
Sickle executive vice president. The
remaining officers consisting of
Thomas Somerville Sd, and Horace G..
Smithy, vice presidents; Robert E.
HAZEL, secretary; R. E. Bebermeyer,
assistant secretary, and L. Harold
Sothoron, general counsel, were re-
elected, as were al directors.
Mr.. Breuninger was one of the Or
ganizers of the corporation and has
served as chairman of the board or
president from its beginning. during
which time the corporation has paid
IN dividends almost the amount of its
capital stock.
Mr.. Qulnter is member of the firm
OF Qulnter & Sothoron, who for many
years have been general counsel for
the corporation. He is former vice
president of the District of Columbia
Bar Association a member Of the Law
Ners Club, Chevy Chase Club and the
Society of the Sons of the Revolution.
Wilmer F. Sickle will be in active
charge Of the corporation as executive
vice president, he having formerly
fSerVed as vice president and treasurer.
The directors declared a dividend of
3 per cent on the preferred stock, pay
liable June "a to stockholders of record
tJune a.
Downey Auditors Chairman.
Harry l.. DoWney, Washington Loan
~ Trust Co, was elected chairman of
tthe auditors section of the District
Bankers Association at the annual
meeting held last night at the Ward
man Park Hotel Gerald z. Keene,
Second National, was elected vice
chairman and Norman Glasco, Union
Trust Co., secretary and treasurer;
members of the Council of Administra-
tlon, William B. Mehler, City Bank,
and Willard S. Yeatman, Hamilton
National
Mr.. 4eatman, as retiring chairman.
presented his annual report which
showed an unusually active year. A
Hlnner meeting preceded election of
oftcers, more than 80 being present,
including Thomas j. Groom, president
of the District Bankers Association.
and the three vice presidents, Hilleary
G. Hoskinson, Ord Preston and A. M
McLachlen.
President Groom spoke appreciat-
angly of the work of the section and
Its value to the banks of the city
Underwriters Name Trustees.
The Life Insurance Institute of
Washington, educational division of
the District of Columbia Life Under
writers Association, announced the
appointment today of Winthrop G..
Batchelder as chairman of the Board
OF Trustees for the ensuing year. along
With Roger L. Baldwin, H. Lawrence
Choate, John F. Cremen. James A,
De Force, Ben A. Harlan, Ben H.
Lingo, j. E, McCombs. Alma McCrum.
d Alan Maphis, Joseph A. Marr, John
T. OBrien, Paul H. Primm. Earle w.
oapp, Laurence H. Riggles, Morton H
wilmer, Vernon w. Holleman. Rich
ard w. GrisWold and Harold D. Kraft
as trustees The board elected Morton
n. Wilmer Dean and John E. O'Brien
registrar.
The District of Columbia CHAPTER
of Chartered Life Underwriters an
nounceo the election of Paul D.
sleeper, president; Dwight T. Scott,
wee president, and j. Hicks Baldwin,
secretary and treasurer. Programs for
monthly meetings are entrusted to H.
cochran Fisher, committee chairman.
and educational cooperation of the
chapter will be handled by Joseph A.
Mari. Russell Shelk was reappointed
publicity chairman.
The June meeting of the chapter
will be addressed by H. j. Mckenzie.
home office underwater of Aetna Life
Insurance Co., on Present Trends in
Home Office Underwriting, and c. w.
Batten, Washington manager of Retail
Credit Co.. Inc, will discuss the in
veStigative function of home office
underwriting.
Lanston Dividend Declared.
Directors of the Lanston Monotype
Machine Co. yesterday declared a
dividend Of 81 per share on the out
standing stock, payable on August 81
to stockholders of record August 49,
Washington Gas Light stock sold at
7s on the Washington Stock Exchange
today, on 10-share turnover. Capt.
tai Transit moved at 1Ol4 for 40
shares.
Lanston Monotype was strong at
80, Washington Railway & Electric
preferred appeared on the board at
1l0l4 and three shares of Mergen-
thaler Linotype came out at 1854
Capital Traction SIS were the only
bonds figuring in todays market, two
$1,000 transfers taking place at 81.
The exchange will be closed tomor-
row on the Summer Saturday schedule.