Evening star., 1940-03-18
Insurance Trust
Council Standing
Committees Named
DooIey Lists Aides
Among D. c. Bankers
And Underwriters
BY EDWARD C. STONE.

Aubrey O. Dooley, president of the
recently organized Life Insurance
Trust Council, organized to bring
about greater cooperation between
bank trust officials and life insur-
ance underwriters, has appointed
the following important standing
committees:
Program Committee Lester A.
Lawrence, National Savings g. Trust
Co.. chairman; J. Alan Maphis,
Equitable Life Assurance Society
vice chairman; Bernard L. Amiss,
Washington Loan g. Trust Co.; Vic
tor B. Deyber, Second National
Bank; H. Cochran Fisher, Aetna
Life Insurance Co.; Leopold V.
Freudberg, Massachusetts, Mutual
Life Insurance Co.: Harold A. KertZ,
National Metropolitan Bank; Joseph
A. Mari, Penn Mutual Life Insur-
ance Co., and Sidney F. Taliaferro.
Riggs National Bank.
Membership Committee-John L.
McElfresh, Connecticut Mutual Life
Insurance Co., chairman; Earl G
Jonscher, American Security ~
Trust Co., vice chairman: Joseph A.
Barbeau, Acacia Mutual Life Insur-
ance Co.; Paul F. Grove, jr., Home
Life Insurance Co.; A. H. Jackman,
Northwestern Mutual Life Insur-
ance Co.; Lester A. Lawrence, Ma
tional Savings & Trust Co.; Paul
H. Primm, Mutual Life Insurance
Co. of New York; J. Frank Rice,
Lincoln National Bank; Ralph G..
Wilson, National Bank of Washing
ton, and William " Simmons, Lib
erty National Bank.
Other Committees Named.
Publicity Committee-Harold A..
Kertz, National Metropolitan Bank,
chairman; Sidney H. Karr, New
England Mutual Life Insurance Co.,
vice chairman; j. Wesley Clampitt,
Union Trust Co., and Russell Shelk,
Reliance Life Insurance Co.
Nominations Committee-J. Wes-
ley Clampitt, Union Trust Co., chair
man: J. Alan Maphis, Equitable
Life Assurance Society; John L. Nc,
Elfresh, Connecticut Mutual Life
Insurance Co., and William V. Sim
mons, Liberty National Bank.
Practices ommittee-Leopold "
Freudberg, Massachusetts, Mutual
Life Insurance Co.: Leonard Mar
bury, Washington Loan & Trust Co
Joseph A. Mari, Penn Mutual Life
Insurance Co., and Sidney F. Talia-
ferro, Riggs National Bank.
The Program Committee is max
Ing extensive arrangements for the
spring meeting of the council and
has invited two eminent speakers in
the trust and insurance fields to ad-
dress the meeting.
Construction Contracts Jump.
Construction contracts awarded in
the Washington metropolitan area
during February had a total valu-
alton OF Slabs ,0O0 H. A. Johns,
Washington manager of Dodge Re-
ports, revealed today in his monthly
summary of local activities. Last
year the comparable figure was
$5,766,000. The gain amounted to
146 per cent
The leading classification of the
Washington metropolitan area was
engineering construction February
contract awards had a valuat ton
total of $4,000, 39 per cent in
crease over $226,000, the correspond
ing 1889 total.
Non-residential building also moved
over the total recorded for February,
1899. Last month contracts in this
classification totaled S10,188 900; in
February, 1889, the total was 1892 900.
The gain was 10 per cent
Dodge Reports summary concludes
with residential building in which
the February valuation level was at
$3,684000 A year ago this amounted
to 81 6O8 900.
Payments Total S1.261,676.
District of Columbia policyholders
and benefciaries of the Equitable
Life Assurance Society of the United
States received benefit payments
totaling S126l ,676 last year, Thomas
I. Parkinson, president, announced
today.
Payments on death claims in the
District amounted to S325,810, while
S261,73 was paid out in annuities,
$94,71933 in disability. accident,
health and disqualification benefits,
and S579,41359 in matured endow-
ments, dividends and other pay
ments to policyholders.
William N. Payne. jr., president of
the District Building and Loan
League, will be the guest of honor
tonight at the associations Bowling
Leagues dinner at the Kenwood
Country Club. Joseph Pricci is
president of the club. Fred A. Smith
will be toastmaster while Louis Fochs
is chairman of the Arrangements
Committee
Attend Quaker City Dinner.
-Four Washington bankers G.. FL
mer Flather, Union Trust Co.; Will
mer j. Waller, Hamilton National;
James A. Soper and Richard A. Nor
ris, Lincoln National, attended the
annual bank guest night" dinner
in Philadelphia Saturday evening
which was enjoyed by about 900
financiers.
The annual Institute of Banking
dinner in the Quaker City grew tc
such proportions it had to be di-
vided. Saturdays affair was tor
senior bankers. with very large
out-of-toWn list. O. Howard Wolfe
q widely known Philadelphia banker
presided.
Paul F. Cadman, recently ap.
pointed economist for the American
Bankers Association, was the CHIEF
speaker. The capital bankers were
greatly pleased with his address or
present banking problems
Heard in Financial District.
Wilbur c. Dieter, investment of.
ficer, Union Trust Co., was added
to the list today of Capital bankers
who will attend the Richmond Bono