Evening star., 1952-01-15

O1IlGCO 0totCo 80 s$?sS:$s$$j
Ch a m ber of l
Commerce. Mu-
tual Fire Insur- Mr. Morris.
ance Co. and the Board of Trade,
q member of the Board of Trustees
of the Community Chest, District
of Columbia American Red Cross,
Boys Club Of Washington and
the YMCA.
He also is a past president of
the Board of Trade. Kiwanis and
the Society of the Friendly Sons
Of st. Patrick.
Heads H. G. Smithy Co.
Francis A. Murray, past presi-
dent of the Washington Real
Estate Board. yesterday was pro-
NOTED to the presidency Of the
H. G. Smithy Co. to succeed H. G.
Smithy. who was elected board
chairman.
Mr.. Smithy announced he would
continue active in the real estate
firm, but wished to relinquish the
heavier duties as executive head
Of the company. Frank Harrison,
who has served as treasurer, was
elected vice president and treas
urer.
Mr.. Smithy started with a pre-
decessor company, the N. L. Sans
bury Co., in 1908, and for many
years was vice president and treas
urer. When the H. G. Smithy Co.
took over the business on the death
of N. L. Sansbury In 1880, Mr..
Smithy became president Of the
successor company.
Mr.. Murray. formerly vice presi-
dent, has been associated with the
firm and the predecessor company
for 80 years, having started there
after studying at the Naval
Academy. He became vice presi-
dent of the H. G. Smithy Co. on
its organization.
New Directors Elected.
Two new directors were elected
and three officers promoted at
the annual stockholders and di-
rectors' meeting of the Subur-
ban Trust Co. yesterday.
Elected directors were: Roland
Berger of Hyattsville. Md. owner
of the @. & S. Laundry, and DR..
Wilbur B. Mehring, Silver Spring
dentist. Other directors weresre-
elected.
Richard L. Walker. Harry r.
Switzer and Emil Mehl were pro-
NOTED to assistant treasurers.
Board Chairman Howard Duckett.
President Fred L. Lutes and other
officers were reelected.
Chairman Duckett told stock
holders that seven months of op-
Grafton of the consolidated COM
pany had been smooth and
successful. Gross income for 1851
was $2,293 900 and disbursements
and expenses totaled 1883 900.
leaving net operating income of
$4,000. From this income. $780,
900 was set aside for Federal
taxes, $148, 900 for contingency re-
serve and 100000 for additional
depreciation of bank buildings.
Deposits rose $5.907 900 in 1851.
Printing Week Launched.
National printing week. an an
nual commemoration Of the birth
of Benjamin Franklin, patron
saint Of printers, was launched
yesterday at q luncheon meeting
of the combined Graphic Arts or
ganizations Of the Washington
area.
Highlights of the luncheon were
the presentation of the first-place
award in the printing week poster
contest to Thomas S. Huestis o.
the Darby Printing Co., 241+
Douglas street NE. and a tall
by Paul c. Clovis, president o1
the Twentieth Century Press o.
Chicago, on 1.-THE Responsibilit!
Of leadership"
The Rufus H. Darby Printing
Co. Inc, yesterday received a Ger.
tiflcate Of excellence from the
American Institute Of Graphic
Arts for outstanding work ir
printing the Red Cross magazine
monthly publication of the Amer.
ican National Red Cross.
Designed by Lester Beall Of New
York City and produced entirel,
in Washington. the Red Crosi
magazine was chosen by q pane
of nationally known graphic art
experts as one Of the outstanding
publications Of the year 1851.
Oxygen Issue Offered.
Johnston. Lemon &. Co. an,
associates today offered $1.4 mil
lion Southern Oxygen Co.
per cent convertible subordinate
debentures. The issue is date,
January 1, 1852, and due Januar
/, 1862.
Priced at $40 and accrued in
terest per unit, the debentures ar
issuable In q minimum denomina
.tion Of 500. consisting Of fiv
Units.