Evening star., 1941-12-09
American Security
Celebrates Sind
Anniversary
Deposits Have More
Than Doubled in
Lost 8 Years
BY EDWARD c. STONE.

Fifty-tWo years ago today, Decem-
Der 8, 1889, the American Security
IL Trust Co. opened for business in
temporary quarters at 14l9 G street
Since then, officials said today, the
1872 accounts which totaled $260,00C
during the first year have grown to
more than 10000, now totaling over
$64,OO0,0O0.
A substantial portion of this in
crease has taken place since March
8, 1888, during which period de-
posits of about s3l 900 900 have more
than doubled and resources of $45, :
100000 have grown to exceed S74,-
100000.
& In addition to the main Office at
Fifteenth street and Pennsylvania
avenue, the company maintains four
branches.
The original capital stock of ST.
$50 900 has been twice increased
and now stands at S5, 900. Sur
plus account stands at S4,40O ,00C
and combined capital, surplus, un.
divided profits and reserves cur
rently total in excess of SO 900 900.
Thorn Heads Official Staff.
Corcoran Thorn, president since
1928, succeeded the late Charles j.
Bell. who relinquiShed the Office af-
ter 35 years as active head of the
company.
. Other officers are: John Saul. ex-
ecutive vice president: Howard
Moran, vice president; William l.
Beale, vice president and real es-
tate officer: T. Stanley Holland
vice president and trust officer;
Frederick P. H. Siddons, vice presi-
dent and secretary; Hans w. Ire
land treasurer; James D. Barrett,
auditor; William w Keck. Edward
e. Swan and William E. Schooley,
assistant vice presidents; Frank M
perley. assistant vice president and
trust investment officer; Albert H.
Shillington and Robert L. Flather.
assistant secretaries; David N
Houston. J. Eliot Moran and Earl
G. Jonscher assistant trust officers;
Richard E. Harris. Percy C. Brady,
Charles c. Boswell. James L. Gold
smith. Paul J. SeltZer and Kenneth
Birgfeld, assistant treaSurerS.
: Directors are Floyd D. Akers. c. A.
Aspinwall. William L. Beale, Harry
K. Boss. Charles A. Garry, Frederick
w. Coleman, William w. Everett,
William J. Flather, ir.; NJ G. Gibbs,
James M. Green, Gilbert H.
Grosvenor, William Montgomery,
Howard Moran. Newbold Moves,
John A. Remon, John Saul, Cor
coran Thorn. S. Percy Thompson,
BENJAMIN w. Thoron, John F.
wilkins and Lawrence E. Williams.
Members of the Advisory Board of
Home Savings branches include
John M. Beane, John G. Bell, Louis
L. Bowdler. Joseph P. Burke, John
B. Geier, Henry Foote Gibbs, John
D. Green, Gilbert Hahn, Charles M.
Hammett, Ben C. Hartig, Sidney
L. Hechinger, L. A. Herman. Ralph
A. Judd, Charles Kattelmann, A.
Magruder Macdonald, John F.
w
Howard Moran, James c. Nealon
Thornton w. Owen, M. Frank Rup-
pert, Andrew Saul. John Saul
Edward E. Swan, Henry Wahl.
Mergenthaler Stock Active.
Three l00-share sales of Mergen-
thaler Linotype stock were registered
on the Washington Stock Exchange
today, all at 2812. The market
closed with 2712 bid and % asked
Mergenthaler sold in Boston yester-
day at 80 and then dropped to 28l2
Washington Gas stocks were also
active today. Two sales of common
took place at 167.. At the same time
35 shares of Gas preferred moved at
l03, unchanged.