Evening star., 1946-01-14
D. T.. Bankers 10 Hear
Taylor, McKeIdin al
Midwinfer Session
By HAROLD B. ROGERS.

BY HAROLD B. ROGERS.
Wayne C. Taylor, president of the
Export Import Bank of Washington
and Theodore McKeldin, mayor oi
Baltimore, will be the principa
speakers at the mid-winter meetine
of the District Bankers Association
at 8 pm. next Monday at the May
flower Hotel.
Announcements of the meeting
have gone out to association mem
bers from Bruce Baird association
president, who is planning the ses-
sion in cooperation with Richard
A. Norris, second vice president OF
the association.
There will be buffet supper after
the regular program.
The bankers association here and
others throughout the Nation are
being urged by the American Bank
ers Association to work closely with
departments of education to set up
adequate requirements for "on-the-
job" training programs for veterans
who will return to their employment
in banks, or who desire to enter
banking.
The national association, through
it's committee on Service for War
Veterans, of which Chester R. Davis,
vice president and trust officer, Chi
cago Title & Trust Co., Chicago, is
chairman, has sent out bulletin
to all local associations. 1t discusses
in detail the educational provisions
Of the Servicemen's Readjustment
Act of 1914, dealing with "on-the-
job training programs as they apply
to banking.
Federal Storage Dividend.
Re-electing all directors and off,
GERS at its annual meeting, the Fed
eral Storage Co. of 1701 Florida ave-
nue. declared a dividend of ST per
share payable January 25 to stock
holders of record January Is.
The directors: Bruce Baird. H.
Randolph Barbee, Daniel L. Bor-
den, M. F. Calnan, Henry P. Erwin,
D. P. Gaillard, James M. Johnston,
Harold N. Marsh, Allison N. Miller,
Carroll Morgan, E. K. Morris, Dom
aid F. Roberts, Frederic N. Towers,
Griflth Warfield and Robert W.
Wilson. The officers reelected: E.
K. Morris, president; Harold N.
Marsh, vice president and counsel:
James M. Johnston, vice president
and treasurer; H. Randolph Barbee,
secretary; Paul E. Tolson, assistant
vice president; S. Webster Adams.
assistant vice president; A. Russell
Barbee, assistant secretary, and
Raymond 0. Babb, assistant secre-
tary.
Deadline on Exchanges.
The Hamilton National Bank to-
day called attention to the deadline
at II noon tomorrow when the
privilege of exchanging fractional
certificates of participation issued
sometime ago to shareholders as
part of stock dividend for full
shares of stock will expire.
These certificates still outstanding
represent fractional shares of stock
on the basis of the stock dividend
issued-one new share for every four
shares held. Shareholders desiring
to make such exchange, the bank
officers said, may purchase addi-
tlonal fractions necessary for the
issuance of one or more full shares.
Or the fractional certificates may
be sold through brokerage houses in
order that others may purchase such
fractional certificates, issued in de-
nominations of one-fourth of a
share.
These fractional certificates were
quoted over the counter last week
at liz bid, 1914 asked. After the
deadline tomorrow the bank will
sell the fractional certificates not
exchanged and place the funds in
trust for the owners of such Ger
tiflcates who did not make the ex-
change in time.
The exchange may be made at the
main office or any of the seven
branches up to noon tomorrow.