Evening star., 1948-10-03
Mack, Joseph +. Horning and Fred
ertck Stohlman. general counsel.
Roberts Retires at Rigs,

Mack, Joseph +. Horning and Fred
erick Stohlman, general counsel.
Roberts Retires at Riggs.
From top executives to the door
men who guard the lobby of Riggs
National Bank, the absence of Ior-
werth J. Roberts, friendly and kindly
vice president who has just retired
is a matter of genuine regret. They
are rejoicing, however, that after 80
strenuous years of banking, Mr.
Roberts is in good health and spirits
to enjoy his new freedom.
The Riggs offlcial retired without
fanfare, customers Of the bank with
whom he was never too busy to pass
a friendly word. being for the most
part unaware of the significance of
his vacant desk last Thursday. He
was rendered a farewell party, how
ever, by the Riggs family" at which
more than 120 of his associates pre-
sented him with combination
radio-phonograph as goodwill
token.
Capital Gets Convention.
The National Association of Life
Underwriters will hold its 1850 con-
vention in Washington, the invita-
ton of the District Of Columbia
Association having been accepted
at the recent annual meeting in st.
Louis.
Plans are being formulated by
the local association and the Con-
vention Bureau of the Greater Ma
tional Capital Committee OF the
Washington Board Of Trade to en-
tertain the delegates.
There are more than $4,000 men,
bers and the convention probably
will be one of the largest Of the year.
The St. Louis meeting was at
tended by the following officers from
Washington: H. Cochran Fisher,
national trustee: John D. Marsh,
national committeeman and Albert
L. Neveux. jr., director Of the Dis
trict of Columbia Association.
The District association will hold
its first meeting of the season at
noon Thursday in the Mayf1ower
Hotel. The address will be by Harry
S. Redeker, general counsel, Fidelity
Mutual National Life Insurance Co.
of Philadelphia.
Store Sales Decline.
Department store sales in Wash
ington in the week ended Septem-
ber 25 were per cent under the
same 1947 period, the Federal Re-
serve Bank of Richmond reported
yesterday. They gained 4 per cent,
however, during the four weeks
ended September Is compared with
the 1947 comparable period.
Donald D. Shepard of Washing
ton has resigned as member of the
Board Of Directors of Koppers Co..
Inc, in Pittsburgh, it was announced
today, being succeeded by Arthur B.
Van Buskirt.
Both Mr.. Van Buskirk and Mr..
Shepard are members of the Board
Of Governors of T. Mellon & Sons of
Pittsburgh. The former also is q
visce president Of that prominent
bank. having become associated with
the Mellon family since 1916.
Among the new officers Of the
American Transit Association is j.
E. Heberle OF Washington, who has
been elected treasurer. Mr. E.
Heberle is vice president and con-
troller of Capital Transit Co. The
new president of the association is
Warren r. Pollard of Richmond.
Va, who heads the Virginia Transit
Co.
Joseph L. Whyte, assistant trust
officer OF the American Security g.
Trust Co. was the guest speaker be-
fore the Clearing House Association
Of Loudoun. Faquier and Prince
Williams Counties, Va, at Nokes-
vile, last week. He spoke on
State Planning and the Revenue
Act of 1948."