Evening star., 1941-06-07
7. Stanley Holland
Elected President by
District Bankers
Sidney r. Toliuferro
Placed in Line by
Vice Presidency Post
BY EDWARD c. STONE,
Star Staff Correspondent.

HOT SPRINGS, Va, June TT.
Stanley Holland, trust officer of the
American Security & Trust Co., was
elected president of the District
Bankers Association at the closing
session of the annual convention
here today. He succeeds A. M. Nc
Lachlen and has been first vice
president during the past year.
John A. Reilly, president of the
Second National Bank, was named
first vice president and A. Scott
Offutt, vice president, City Bank,
second vice president.
Sidney F. Taiaferro, who was
general chairman of this years con-
clave, was elected third vice preSi-
dent, which places him in line for
presidency of the association four
years hence. He is a vice presi-
dent and trust officer of the Riggs
National Bank.
Galley Reelected Treasurer.
Albert S. Galley, executive vice
president of the Lincoln National
Bank, was reelected treasurer, a
position he has held for more than
25 years, and Donald w. Larson was
renamed secretary. Frank J. Hogan,
who has served the association for
many years as general counsel, was
again asked to continue in this ca
pacity.
The new officers were escorted to
the platform amid vigorous ap-
plause.
Today's session, called to order by
Mr.. Reilly, opened with a report on
the years work by Washington
Banking, by Edward M. Blaiklock,
Washington Loan q Trust Co., the
retiring president.
The winner of the associations
annual essay contest, James F.
Bridges, Riggs National, read his
essay on "Banking'S Role in National
Defense"
Holland a G. L. Graduate.
Mr.. Holland, the newly elected
president, was vice president of the
association this year, has been con-
nected with the American Security
& Trust Co. since 1908, is graduate
of the Georgetown University Law
School and member of the Dis
trlct Bar. He has been active in
social service work both in Wash
ington and Montgomery County,
Md. He is treasurer of the Co.
lumbia Country Club.
At meeting Of the members of
the American Bankers Associa-
tion, scheduled for this noon,
Charles H. Doing. first vice presi-
dent of the Washington Loan &
Trust Co., was slated to be elected
As member of the A. B. A. Ex-
ecutive Council, representing the
District Bankers Association. This
is one Of the highest honors in the
gift of the association, election
being for a three-year term. The
post has been held by Wilmer J.
Waller, vice president and cashier
of the Hamilton National. Mr..
Doing is former president of the
Washington association.
Eccles Speaks.
Mariner S. Eccles, chairman of
the Board Of Governors of the Fed
eral Reserve System. spoke in
formally at yesterdays session. 1t
is the seventh convention of Wash
ington bankers he has attended.
j. S. Walden, jr., and George H.
keesee, officials of the Federal Re-
serve Bank of Richmond. were in
troduced; also D. ]. Needham of
Washington, general counsel of the
american Bankers Association:
Mr.. Hogan and Nelson T. Harrison
Mr. Hogan spoke briefly.
Henry K. Dierkoph. Riggs Ma
tlonal. chairman of the Fiduciaries
section of the association. and Will
nam B. Mehler, jr., City Bank,
chairman of the auditors section
presented reports. Both sections
disposed of important operating
problems.
The annual dinner will be held
tonight and the party returns to
the Capital tomorrow.