Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-06-09

1ngton was adopted after an amend
ment to the charter in April, 1884.
In a consolidation the bank took
over certain assets of the closed
Mount Vernon Savings Bank and
the closed Franklin National Bank. |
In 1924 the business of the Peoples
Commercial e. Savings Bank had
been taken over, with Offices at 1908
Georgia avenue and at Ninth and
East Capitol streets. In 1880 the
Connecticut avenue office was con-
structed. Including the office at
Tenth street and PENNSYLVANIA ave-
nue., formerly occupied by the
Franklin National Bank, and the
main office at Ninth street and
Massachusetts, avenue NV. for
merly occupied by the Mount Ver-
non Savings Bank, the City Bank
now maintains six Offices through
out the city.
Bonuses for Employees.
Within the past year the personal
loan department has taken over ad-
ditional quarters to assure its pa
irons prompt courteous service. For
the past three years, the City Bank
has paid extra compensation at
Christmas to employees, equal to
one half of their average monthly
salary. and this year, on the eve of
its 33d anniversary the directors
voted to pay an extra compensa-
ton at vacation time to the en-
ployes equal to one quarter of their
average monthly salaries in ad-
dition to the regular two weeks
vacation with pay. This was an
nounced by c. F. Burton, presi-
dent of the bank. at the dinner of
the City Bank Club at the Carlton
Hotel.
Other officers of the institution
are: Thomas P. Hickman, A. Scott
Ofutt. Frank w. Lee, Frederick H.
Cox, vice presidents: M H. Buck
ingham, cashier and T. E. Elgin, B. |
M. Grant, William B. Mehler, jr, |
T. E. Norris, John C. Pyles, jr., j. |
T. Stephenson, assistant cashiers |
A. N. Atkinson, is manager of the
East Capitol Office and F. H. Weaver
Jr., is manager of the southeast
office
The board of directors of the City
Bank consists of Walter K Bach
rach, Mr.. Burton, Mr.. Cox, Fred
Hewitt, Thomas P. Hickman, Will
liam F. Kelley, Mr., Lee. Mr.. Offutt,
Lewis H. Phelps, Edward F. Pickford,
j. B. PreWltt, and DR.. j. Chester
Pyles.
At meeting of the board of
trustees of the Home Plate Glass
Insurance Co., Vice President George
M. Emmerich was chosen president,
succeeding the late Byron S. Adams
Albert W. Howard was elected vice
president. The other officers are
William H. Somerveu. secretary
treasurer and William H. Marbury,
assistant secretary treasurer. The
company was organized in 1882.
Paul F. Grove, jr., of the Vernon
w. Holleman General Agency of
the Home Life Insurance Co. of
New York is receiving congratu-
lations from his friends for having
finished second place among all the /
agents of this company for a period
of l8 months ending May 81. Be
cause of this position Mr.. Grove au-
tomatically becomes vice president
of the company's President Club
which is the leading field club. Dur
ing April, Mr.. Grove led all the
agents of his company.
Davenny Honored at Luncheon.
w. A. Davenny, assistant cashier
OF the Washington (D.CD Agency
of the Equitable Life Assurance
Society, who has been appointed
cashier of the Equitables office at
Burlington, VT was given a fare
well luncheon Wednesday at The
Hour Glass by 40 of his friends. He
has been associated with the Wash
ington office as assistant cashier
since 1884.
Thirteen local bankers will attend
the Graduate School of Banking
conducted by the American Bankers
Association at Rutgers University,
New Brunswick, N. j., June 10 to
July l. it was announced by Rich
ard w. Hill, registrar of the grad
uate school
Those attending from here will be
Paul j. Settler. American Security
& Trust Co.; John Edward Monk,
Bank of Commerce e. Savings; Sam
uel R. Carpenter, John Frederick
English, Laurence H. Jones and
Frederic Solomon, with the Board
of Governors of the. Federal Reserve
System; Kenneth o. Hulse, Hamil-
ton National Bank; Daniel j. CAL
lahan, jr.; John NJ Christie. Henry
K. Dierkoph and Charles R. Fadeley,
lot II
G. McGraw, Union Trust Co.. and
Vincent A. Sheehy, jr., the Washing
ton Loan & Trust Co.
At the annual meeting of share
holders of East Washington Savings
Bank. 312 Pennsylvania avenue Sc,
held Wednesday, the following Is
trustees were elected to serve for
the ensuing year:
John c. w. Beall, T. Earle Bourne,
James A. Donohoe, Gratz E. Dun
KUN, Lewis Flemer, John Ford, w.
P. G. Hazen, Ernest E. Herrell, Ed
ward B. Hughes, jr. Francis ].
Kane, Morris E. NARROW, Henry H.
Mckee, William N Payne, jr.; Will
liam F. Simpson and Lambert o.
Turner.
Officers will be elected at the first
meeting Of the new board Tuesday,
June 10.
Ernest E. Herrell, who is president
Of the International Finance Corp.
Of Washington and who is widely
known in banking circles, was elected
new trustee at the meeting of the
shareholders to serve for the en-
suing year
Fifty-seven representatives of the
three Washington Offices of the Pru-
dental Insurance Co. of America
have qualified to attend the COM
pany's convention to be held at the
Haddon Hall Hotel in Atlantic City
on June Is and H.
These 81 representatives have sue
cessfully met the companys re-
Quirements as to production and
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