Evening star., 1954-10-01
Riggs Bank
Organization
Completed
New $433 Million
Institution Makes
Few Officer Chunge

By Donald B. HodIey

million Riggs National Bank was
completed today with only slight
changes in officers Of the former
Washington Loan g. Trust Co.,
which oflcially became a part Of
the Riggs.
The complicated task of mesh
ing the Districts oldest trust
company into the Riggs and
widening Its commanding lead as
the city's largest financial in
stitution was finished at rou-
tine meeting Of the consolidated
Board of Directors.
Second Merger Being Completed.
A little later today the or
ganization of the city's second
largest bank, the new National
Bank of Washington, through
consolidation with the Hamilton
National. also was to be COM
pleted. It will have resources Of
around 1921 million.
The main Office of the Wash
ington Loan g. Trust Co. became
the Washington Loan g. Trust
Branch Of the Riggs, although
it will continue to maintain a
complete trust department for
the convenience of patrons.
The West End Branch of the
WL.&T. became the 18th & G
Streets Branch and the number
Of Riggs branches increased to
ten, not counting the facility
operated at the Walter Reed
Army Medical Center.
Five former directors of the
trust company were elected hon
orary directors of the Riggs, while
six were AIDED to the Advisory
Board Of the branches.
Ralph Bradford. Leo Goodwin.
ST., Edward L. McAleer, A.
Chambers Oliphant and William
E. Pearson were named honorary
Riggs directors. Coleman Jen-
nings and Edward D. Merrill
former Riggs directors previous.
ly were given the same titles.
The six added to the advisory
board were: j. Edward Bur-
roughs jr., Melville Bell Gros-
venor, w. John Kenney, WYl-
liam z. Kingswell, Philip M. Tall
bott and John w. Thompson.
jr. ..
Riggs Officers Reelected.
All Riggs officers were re-
elected, including Robert v.
Fleming as president and board
chairman. and Charles c. Glover.
jr., as vice chairman of the
board and chairman of the ex-
ecutive committee. AS previous
ly announced, Alfred H. Lawson.
WL.&T. president, became vice
chairman of the board also. The
following trust company officers
were elected to Riggs positions:
George M. Fisher, formerly
senior vice president, was elected
vice president and manager Of
the Washington Loan & Trust
Branch. George O. Schweinhaut.
formerly vice president and
treasurer. became vice president
and assistant manager of the
branch. Herbert w. Primm was
reelected vice president.
Frederick A. Genau, former
real estate officer, was named as
sistant vice president and Jack
H. Wild retained the same title.
Roger S. Quinn was named as
sistant auditor.
Leonard Marbury, vice presi-
dent and trust officer, and Ber-
nard L. Amiss, trust officer, both
retained those titles. Ralph En-
dicott continued as vice presi-
dent and was named manager
OF the 17th and G streets branch.
Harry L. Downey was elected as
sistant cashier and assistant
manager Of that branch.
Other assistant cashiers were
elected as follows: James M.
Mason. Harry L. Smith, John L.
Cain. Francis M. Wilcox, Lawr.
ence p. Hagan, Ross L. Totten
and Lundeen v. Steele.
Remick s. Ferguson was
named assistant trust invest
ment officer and Harry W., Gauss
and Mary L. Chadwick were
elected assistant trust officers.
Nelson T. Harrison was re-
elected general counsel Of the
consolidated bank, and the firm
Of Hogan and Harrison was re-
appointed attorneys for the in
stitution.
Other members of the Advisory
Board Of the Branches, Of which
Mr.. Fleming is chairman, in
clude: H. Roy Anderson, William
M. Beall, j. Mckinney Berry,
Hubert T. Bisselle, Selig c. Brez,
Edward r. Carr, Oliver T. Carr,
E. Taylor Chewing, jr., Karl w.
Corby, jr., F. Elwood Davis, Dom
aid s. DeVeau, r. Roy Dunn.
Richard P. Dunn. Henry w.
Fisher, jr., Robert w. Fleming,
Clyde D. Garrett, Charles c.
Glover. jr., Charles c. Glover III,
Leo Goodwin, jr.. William c.
Gwynn, tHilleary F. Hoskinson,
Leroy o. King, j. willard Mar
riott, Donald A. Mccormack,
William j. McManus, Frank p.
Morse, Godfrey L. Munter. Man.
\ dell Ourisman, l.. B. Pendleton,
| jr.. Thomas w. Perry, John
Rhodes, Frank H. Shipe, James
III. Simon, Sidney F. Taliaferro,
George M. Thompson, Charles H.
Tompkins. jr.. c. H. Warrington,
Walter White, Pere A. Winner,
Lloyd B. Wilson. jr.
II Jay Walker Aids