Evening star., 1951-01-10

SlSGdlG CdSIlleT.
The building has around 81 00I
square feet of floor space and will
provide ample room for the asso
cations steady expansion. Asset
on December 81 totaled $8,674, ,00C
a gain of SIS million in the las
year.
Mr.. Camp, formerly secretary
treasurer, has been with the asso
citation 80 years and is secretar,
of the District Building g. LOAF
League. Reelected directors are
George A. Baker. president; Mr. Camr
John H DAVIS, Charles H. Frame. Williar
Jonnson at Mr. afrfa Thomas dr1aes and HafUid 1ai
Wood.
Insurance Men to Meet.
B. j. Daenzer, assistant secre
tary of the Security Insurance Co
of New Haven and the Connection
Indemnity Co., will be the CUES
speaker at the January luncheon
of the District Association O.
Insurance Agents at Mayflowel
Friday. His subject will bt
Ethics and the Insurance Busi.
ness"
A Nation wide Youth Incentive
Program" with weekly awards tx
boys and girls for the saving o1
life and property is being launched
by the National Association ot
Mutual Insurance Agents.
John H. Kroll, president of the
Mutual Agency here, proposed the
program. which was recently
adoped by the associations Execu-
tive Committee.
All Officers Reelected.
Directors of the Second Ma
tional Bank, which were reelected
yesterday. today reelected al
officers as follows:
,oSI Victor b., B Deyber. board chairman
nay. vice president; Joseph R Fitzpatrick
senior vice president. and cashier: Stuar
Gsiys Gefmsn senior eaTs,d vice president He1r
Wilton. vice presidents; Donald R Hol
nngsworth assistant vice president: Har
F,man h1d1nv I GhenHowesh: David Z: Folmer
w Walden and Jack w Walker, assistan
cashiers: Bernard H. Prosise comptoroller
counsel and trust oficer; William B Wolf
assistant trust oflcer and secretary o
the board
Promoted at Lincoln.
Lincoln National Bank promoted
Samuel c. Redman, jr., to assist.
ant vice president and David w
Ward to assistant cashier. Mr.
Redman is president of Washing
ton Chapter, American Institute
OF Banking. Other officers were
reelected as follows:
=. Floyd E. Davis, president; Richard A
NorriS, executive vice president; Albert
6 Galley, Robert E. Lee and Fred A
lr. and J. Frank Rice, trust oficers;
Louls c. Paladini. cashier; D. Hammond
RoGHs.' RReszsl' Edward b Story and George N
{. keefer. general counsel; Seventeenth
!.i ano streets. ONCE, Nelson NJ. Stokes
assistant cashier.
Nearby Bank Meetings.
Many banks in adjoining Mary
land and Virginia sections held
their annual meetings yesterday
Most directorates were reelected
unchanged.
Alexandria National Bank stock.
holders approved a stock dividend
and issuance of additional stock
the First National of Alexandra
announced two promotions anc
the Seat Pleasant Bank added {
director.
John M. Conroy, senior partner
in the law firm bearing his name
OF Washington and Silver Spring
and president of the County IT'LL
Co., was elected to the Seat Pleas
ant board. Other directors wer,
reelected as follows:
w. Clinton Brown, j. c. A. Cameron
James P. Casbarian, Walter L. Greer
George c. Howard. Walter J. HAYWARD
wan NonaoI wsm keriek irwin gssmh.I MAN. Fpsd Lf
Watkins; jr, George N. Wells, and F.
Stockholders voted to issue 2,5OI
additional shares of capital stock
The banks gained S575,000 il
commercial and savings account
in the last year.
Promoted at Alexandria.
The First National Bank o
Alexandria promoted Mildred P
Chilcott to assistant trust office!
and Eleanor H. Watkins to as
sistant cashier. Other officers anc
directors were reelected as fol
lows:
us Gsrdner isof5 L, Booth, president George Z
Marshall -. Beverly, vice presidents
W trust oser srhH4 sashsF NJ
mond. Elliott F., Hoffman Lshton {
George Wardeld directors.
Clarendon Trust Co.
Clarendon Trust Co. stockhold
ers elected all officers and direc
tors as follows:
"a A. C. Jones. president; s; 6; Earecksor
vice president; T. z: sebreii, iii secretary
tary-treasqrer; W. F. Castle. P. E. Sewe
A. c. Adams. Mr. Eareckson. H j. Heish
man. C. C. Lamond. jr., Mr. Jones, T. I
Sebrell, jr.. and John Delashmutt, director!
Stock Increase Approved.
Stockholders of the Alexandra
National Bank yesterday approved
distribution of stock dividen,
of 100000 and authorized is
suance of an additional $4,000
of stock to be offered to presen
holders on a pro-rata basis. Thi
will give the bank $4,000 cap
ital, $400, 900 surplus and $106,O0
Of undivided profits. Stakeholder
at their annual meeting also re
elected the following directors:
Thomas A. Butt. Charles A. Davis. L. I
Dudley. Luther A. Gillian. Robert L. Ma.
Howard w. Smith, Henry P. Thomas an
William P. Woolls.
Foreign Exchange
NEW YORK. Jan. 10 LP,.-Foreisn es
dollars. Others in cents):
Canadian dollar in New York open maj
ket 4ll per cent discount or a5.31l
United States cents. off Is of cent.
Europe: Great Britain (poundl, 2st
Nnch aip 20-dov futura