Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-01
Anniversaries Marked
ByTwo Nearby Banks
This Month
Suburban National Is 50
Years Old, Prince Georges
Bonk rs Years Old

TWO important banks in WASH
ington suburbs-the Suburban Ma
tional and the Prince Georges Bank
& Trust Co-are celebrating their
30th and 25th anniversaries, re-
spectively. this month. Both have
made excellent records in service to
their communities and have enjoyed
constant growth.
The Suburban National Bank,
with Offices in Silver Spring and
Takoma Park, began business on
October 10 1910, as the Silver Spring
National Bank. Started as COM
munity bank the institution expand
ed its service until in 1924 it be-
came an honor roll bank which
requires that capital stock equal or
exceed its earned surplus. In 1924
the original $4,000 capital was in
creased to 100000.
The northern suburbs of Wash
ington have grown rapidly in re-
cent years, business has expanded
and the banks have profted by this
growth. The Silver Spring National
and Takoma Park Bank were con-
solidated on July %, 1888, capital
being enlarged to 100000.
Present Official Staff.
The bank is member Of the Fed
eral Reserve System, Federal De-
post Insurance Corp. and the Mary
land Bankers Association. With 40
employees. the present official staff
includes:
H. W. Turnage, president; James
H. CiSSell and E. V. Crlttenden, vice
presidents; Fred L. Lutes. cashier;
T. Howard Duckett, general counsel;
Ira c. Whitacre. George T. Day, H.
c. McCeney. Harold F. Gates,
Charles j. Sincell and Edward c..
Holmead, assistant cashiers.
It's Board of Directors is composed
of James H. Cissel. j. Donald Clag-
EFT, E. V. Crittenden, John J. Dolan,
T. Howard Duckett, Beryl R. Eng
lish, David Feldman, Henry F. Gibbs,
James w. Gill, John H. Hunter, R. L..
Houston Jones, Oliver Metzerott, H.
E. Rogers, H. w, Turnage, Ira c.
Whitacre, Dir. B. G. Wilkinson and
Henry E. Worcester jr.
On the opening day in 1910 re-
sources totaled $25,634, while today
they amount to S6,344,49
Prince Georges Bank 25 Years Old.
Prince Georges Bank & Trust Co.
of Hyattsville and Mount Rainier
was organized 25 years ago today.
October l. 1915, by citizens of the
county. The present bank building
in Mount Rainier was put into use
in 1922 and the banks present home
in Hyattsville was opened to the
public in August, 1926. On Novem-
Der IS, 1929, the Prince Georges
Bank took over the First National
Bank of Hyattsville.
The present bank has 100000
capital, 100000 surplus, resources
Of s7,176078, and serves many
towns adjacent to the towns where
the Offices are located. T. Howard
Duckett, who succeeded the late
Enos Ray as president in January,
1885, is former chairman of the
Washington Suburban Sanitary
Commission and is now member
Of the NEUTRALITY-SUSPICIOUS. Capital
Park and Planning Commission.
The other officers include Perry
Boswell, vice president: Thaddeus
n. Jones, vice president and trust
officer; William Bowie. treasurer: j.
Robert Sherwood. senior assistant
treasurer and assistant trust officer:
Brice D. Duckett and Frederick x.
Wilson, assistant treasurers, and
Charles w. Claggett. counsel.
The directors include John H.
Beall, Edgar H. Bon Durant, Perry
Boswell, G.. Carville Bowen, Arthur
Carr, James A. CLANCY. Charles w.
Clagett, T. Howard Duckett, Henry
A. Friday, DR.. w. Allen Griffith,
Thaddeus M. Jones. J. Fred Keef-
euver, Arthur c. Keefer, Harry w
McNamee, Oliver Metzerott, S. Mar
Wis Peach, Henry S. Roome, Benja-
min r. Sherwood, DR.. Thomas B.
Symons and Dr.. Hillary T. Willis.