Evening star., 1950-06-21

the trust compalAg's main Office.
He has been with the bank since
1881 except while in the Marine
Corps in the last war. He is a
native of Maryland. was educated
in the schools here, in Benjamin
Franklin University and the Amer
ican Institute of Banking.
Frederick j. Burrell, National
Savings g. Trust Co.. was named
vice chairman and John L. Cain,
Washington Loan & Trust Co.,
secretary-treasurer. Mary Ann
Wright, Lincoln National. and Ar
thur S. Wolfe. of Riggs. were
elected to the Executive Council.
Shane MacCarthy, author and
lecturer, urged the average citizen
to take a more active part and in
terest in public affairs.
Baldwin Heads Trust Group.
Roger L. Baldwin, Northwest
ern Mutual Life. was elected
president of the Life Insurance
Trust Council at the recent an
nual meeting at the Kenwood
Golf and Country Club.
Bernard L. Amiss, Washington
Loan & Trust Co.. was elected vice
president; H. Cochran Fisher,
Aetna Life, treasurer, and William
v. Simmons, trust officer of the
Liberty National, secretary. JOS
eph L. Whyte, American Security
& Trust Co.. was elected to the
Executive Committee.
j. Mitchell Owens, John Han
cock Mutual Life, and James P.
Benfer, Lincoln National Bank,
were elected to the council.
Three Decades in Business.
Louis S. Julien is receiving
hearty congratulations on the 3Oth
anniversary of the automotive
equipment firm which he founded
In 1920. Mr.. Julien started in
the automotive business in 1904,
and in 1906 had his own agency
for distributing REQ cars. In 1907
he left Washington. returning in
1918 as manager of the Packard
agency.
The present firm, at 1443 P
street NV. had three employees
In 1920 and now has 20. an en-
viable record. Mr.. Julien has
served as treasurer of the WASH
ington Automotive Trade Asso-
ciation Is years and has been ac-
tive in the Greater Washington
Automotive Distributors Associa-
ton.
Special Dividend Declared.
Directors Of the Bank of Com
rlerce & Savings have declared
the usual quarterly dividend of
$3.50 per share and q special divi-
dend of 81 a share, both payable
June 80 to stockholders of record
June 20, President Thomas J.I
Groom announced today.
Second National Bank directors
today declared the regular quar-
terly dividend of 2 per cent, or
ii a share. payable June 80 to
stockholders of record June 20.
John A. Reilly, president, an
nounced.
Ten shares of Liberty National
Bank stock sold at $3.50 a share
on the Washington Stock Ex-
change today, first sale this year
and a considerably longer period.
j National Bank of Washington
directors today declared the reg
ular semiannual dividend of SO a
share. payable July to stock
holders Of record June %.
I c. Vernon Hill. president of
Barber g. Ross Co., has been
elected to the advisory board of
branches Of the American Security
d Trust Co., President Daniel w.
Bell announced today. Mr.. Hill
has been with Barber g. Ross since
1928 and president since 1916.
I Directors of the American Sc
curity & Trust Co. have declared
the usual quarterly dividend of
Is cents share, payable June 80
to stockholders of record June 20.
Baltimore Man HOnOred.
William B. McCloskey, of Balti-
more, controller of the Dawson
Chemical Co.. has been elected
president of the National Associa-
ton of Cost Accountants, meeting
In New York.
A Washington delegation of 26
bank officers has entered the
Graduate School of Banking at
Rutgers for three weeks of in
tensive courses. The enrolment
OF 1000 students is the largest on
record.
f American Airlines in May broke
all records for the number Of
passenger miles flown in one
month by q single air carrier.