Evening star., 1943-06-17
Kefauver Appointed
To Building, Loan
Planning Council
CupitoI League Member
Given National Part
In Postwar Studies
By EDWARD c. STONE.

Clarence f. Kefauver, executive
vice president of the Columbia Fed
eral Savings g. Loan Association anc
vice president of the District Build
ing & Loan League, has been ap-
pointed a member of a national
Postwar Planning Council of Saw
ings and Loan Associations, it was
announced here today. He will
represent washington and the Met
ropolitan Area.
Appointment was made by Ralph
H Cake, president of the United
States Savings g. Loan League, who
placed "a leading building and loan
experts from all parts of the coun-
try on the special committee.
The council will meet in Chicago
June 24-25 with Arthur Collins of
the Abbey Road Building Associa-
tion of London. England. as moder-
Rtor.
Two Banks Vote Dividends.
Directors Of the Lincoln National
Bank have declared the regular
semi-annual dividend of o. per cent
on the outstanding stock and a spe-
cial dividend of o. per cent, both
payable July ! to stockholders of
record June 81, Richard A. Norris.
executive vice president, announced
today.
Directors of the American Sc
curity & Trust Co Yesterday de-
clared Fer cent quarterly divi-
dend, PAYABLE July 10 to stock
holders of record June 30. according
to announcement by President Cor
Coran Thom.
Official Former Commissioner.
Sidney F. Taliaferro, recently
elected first vice president of the
District Bankers Association, is a
vice president and trust officer of
the Riggs National Bank. He was
District Commissioner from 1926
TO 1890, and member of the Public
Utilities and Zoning Commissions.
A native of Salem, Va, he gradu-
eted from the GEORGETOWN Law
School in 1918. later being an as
s'stant professor Of law in the same
school for four years. From 1913
to 1925 he practiced law in Wash
ington Mr. Taliafcrro is men,
her Of the American and District
Bar Associations, Reserve City
Bankers, Episcopal Church, Masonic
Fraternity. Cosmos, Chevy Chase
and Lawyers Clubs.
He is a director Of the Washing
ton Gas Light Co. Julius Carfnckel
{; Co.. inc: former member Board
of Public Welfare. director Boys
Club Of Washington, member of
board and treasurer Group Hos
pltalizatlon. member of board Self
Help Exchange, advisory board Sal
vation Army. and advisory board
EMCA. He was second vice rresi-
dent of the Bankers Association last
year.
Bruce Baird Also Lawyer.
Bruce Baird president of the
National Savings &; Trust Co. new
ly-elected second vice president of
the District Bankers Association.
is also lawyer, native of Arlington
County, Va and graduate of
Georgetown University Law School
in 1918
A law clerk in 1911, he was ad-
nltted to the District bar in 1913,
and practiced in the Capital from
1913 to 1919. when he Joined the
trust department of the National
Savings & Trust Co. He was trust
officer for many years and since
1910 has been president and di-
rector. He is treasurer and direc-
tor Securities Building Corp. direc-
tor District Title ms. Co, Capital
Construction Co., Federal Storage
Co. and other concerns.
Mr.. Baird is a director of the
Chlldren's Hospital and the Anson
Mills Foundation for Crippled Chill
dren, member of Episcopal Church,
Masonic Order. Metropolitan, Ma
tional Press, Burning Tree. Colum-
bia and Blue Ridge Rod and Gun
Clubs. The records show he has
written articles on wills and trusts
for law magazines.
Security Traders to Meet.
washington members of the Ma
tional Security Traders Association
have been notified that the annual
meeting Will be held in Chicago.
August 20-2l. Problems of the Sc
curities industry will be discussed
and the War Bond Committee will
announce a program for assisting
the Treasury Department.
The United States Supreme Court
has ruled that the District of Co.
lumbla Small Loan Act. which pro-
hlhltS the loaning of money for more
than per cent without a license
applies to leans of more than 5000
as we'll as lesser sums. The court
refused to review a previous deci-
sion to that effect.
Financial District Comment.
Capital Transit was strong on the
Washington Stock Exchange TODAY.
so shares moving at 81.
The safe deposit section of the
District Bankers Association ex-
poets record turnout at tonights
annual election dinner meeting.
American Stores Co. sales in Nav
totaled Sl5636,453. off O.8 per cent
from May a year ago. but were UP