Evening star., 1942-01-20


the presidency
of the associa-
ton. The selec- Bruce Baird.
ton was greeted with applause by
200 bank officers and directors, Mr..
Baird expressing his appreciation
Of the honor.
The financiers paid special atten-
ton to the 40th anniversary of
Washington Chapter. American In
stitute of Banking, the chapter be-
ing organized December 10, 1901.
President Holland eulogiZed the
chapters brilliant progress, calling
1t one of the finest in the United
States. John M. Christie, chapter
president. also spoke and many
charter members were present.
Tribute Paid Hunton Leith.
A resolution in tribute to Hllnton
Leith, vice president and cashier
of the Security Savings & Com
mercial Bank, who died last No.
vember, was presented by F. G.,
Addison, jr., president of the bank
and chairman of special COM
mittee of the association. Mr..
Leith was a leader in the American
+ Institute of Banking.
William Y. Elliott of Harvard, now
in Government war service, ad-
dressed the bankers on the war. AS
noted elsewhere in The Star, he
made a brilliant address. He would
do away entirely with the word
defense and substitute ottense;
would keep prices under control and
prevent imitation and does not be-
lieve people should expect too much
home protection, in cases where men
and materials can be of vastly
greater service elsewhere. A bril-
liant speaker, it is the second time
he has appeared before the District
bankers.
Capt. w. E H Wood of the
British Army and former member
of Parliament also spoke. He served
in World War I; has experienced
air raids in this war, and spoke on
AFRAID precautions taken by Brit
ishers. A. Scott Offutt, second vice
president of the association, was
chairman of arrangements.
Trust Company Adds Directors.
Two new directors were added to
the board of the American Security
e. Trust Co. at today's annual meet
ing of the stockholders. Dan Hol-
land, manager Of the Washington
Coco-Cola Bottling Works. Inc, and
L. Perry West. president, West
Bro. Brick Co., this city.
Mr.. Holland came to Washington
about 2l2 years ago and has been
connected with the Coca-Cola Co.
for over 20 years. He was vice presl-
dent in charge of the Chicago office
Mr.. West has been connected with
the brick company for over 40 years
and was elected president in 1926.
The following directors were re-
elected: Floyd D. Akers. C. A. Aspin-
wall, William L. Beale, Harry K.
Boss. Charles A. Garry, Frederick
w. Coleman, William w. Everett,
William j. Flather, jr., M. G. Gibbs,
James M. Green. Gilbert H. GroS-
venor, William Montgomery, Howard
Moran, Newbold Noyes, John A.
Remon, John Saul, Corcoran Thorn,
S. Percy Thompson, Benjamin w.
Thoron and Lawrence E. Williams
Pope Heads Munsey Trust.
c. H. Pope was reelected presi-
dent of the Munsey Trust Co. today
at the annual organization meeting
following the stockholders election
of directors.
Other officers also were retained
including William T. DeWart, chair
man of the board; c. D. Ratcliffe,
vice president and treasurer; R. H
Yeatman, general counsel and trust
officer; P. j. Mcmahon, vice presi-
dent and assistant treasurer, A. j
Byrne, secretary and assistant
treasurer: F. w. Stoever, real estate
officer: R. D. Watkins, assistant
treasurer.
include William T. Dewart, William
T. Dewart, jr.: Walter G.. Distler
Gilbert T. Hodges, Arthur G. Lam
bert, P. j. Mcmahon, Louis B. Mont
fort, A. Harding Paul, C. H. Pope
c. D. Ratcliffe, Alfred P. Thorn, jr.;
Arthur L. Thompson, R. H. Yeat-
man.
Northwestern Names Officers.
All officers of the Northwestern
Federal Savings & Loan Associa-
ton we're reelected at the annual
meeting: Howard S. Gott, presi-
dent; E. v. Crittenden, chairman Of
the board R. L. Houston Jones
executive vice president and secre-
tary; W.. S. DeWhirst, vice president
r. H. Gibson. treasurer and assistant
secretary; Hyla R. Smith, assistant
treasurer. and William K. Copen-
haver, attorney.
Directors, reelected, are Fred.
erick Lewton, Jesse H. Powell
George E. Scott, Stanley D. Willis
r. L. Houston Jones, w. w. Stock.
berger, w. R. Tuckerman. Henry P
Seidemann and Messrs. Gott. Dew;
hirst, Crittenden and Cororraveo
The secretary reported "a
was the best year on rn"olo
Transit Again Advances.
Capital Transit stock again sole
at the highest in years today wher
40 shares changed hands at 19sa, ur
"a from yesterdays close
Peoples Drug Stores stock ap.
peared on the board for the frs
time this year when IL shares sole
at 21s..
Washington Gas Light SIS wer,
strong, IS 900 and $4,000 transfer!
being reported at 12512, first salt
this year.