davidaulloa/AmericanStories huggingface dataset:
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

II. STANLEY slime
!. w. COUGHLAN
Solicitors
1913 Eye Street, NV.
Washington, ID. @.
ORDER NisI
IN THE CIRCUIT COURT
FOR MONTGOMERY COUNTY
AS a Court of Equity
No. 24176 Equity
In the Matter of the Deed of Trust from
HARRY J. KANE, III, and
DEBORAH A. KANE, his wife
SAMUEL ScRIvENER, JR., and
JUNIOR F. CRoWELL
ORDERED. this 18th day of Septem-
Der, AID, 1861, by the Circuit Court
for Montgomery County, as Court of
Equity, that the Auditors Report filed
in the above entitled cause, be ratified
and confirmed, unless cause TO the con-
trary thereof be shown on or before the
9Th day OF October next; provided q copy
OF this order be inserted in some news
paper published In said Montgomery
County. once a week for three successive
weeks before the said 9th day OF Oc-
tober. 1861, the last publication to be at
least one week prior to the day on or
before which objections may be filed.
CLAYTON X. WATKINS
Clerk OF the Circuit Court
For Montgomery County
True Copy-Test:
CLAYTON X. WATKINS
Clerk 3t-S99-9
BETS. CLOGG 4 MURDOCH
22 w. jefferson Street
Rockville, Md.
ORDER NISI
IN THE CIRCUIT COURT
FOR MONTGOMERY COUNTY
As Court OF Equity
No. 24045 Equity
In the Matter of the Deed Of Trust from
DOROTHY T. MELLEN and
B. MELLEN, her husband
HERBERT ALLISON DAVIS and
BERTHA M. BARToL
Trustees
ORDERED. this 18th day Of Septem-
Der, AID, 1861. by the Circuit Court
for Montgomery County, a. a Court Of
Equity, that the Auditors Report filed
In the above entitled cause, be ratified
and confirmed. unless cause TO the con-
trary thereof be shown on or before the
9th day OF October next; provided a copy
OF this order be inserted In some news
paper published in said Montgomery
County, once q week for three successive
weeks before the said 9th day Of Oc-
tober. 1861, the last publication TO be at
least one week prior to the day on or
before which objections may be filed.
CLAYTON X. WATKINS
Clerk OF the Circuit Court
For Montgomery County
True Copy-Test.
CLAYTON X. WATKINS
Clerk 1t-seT-s-2s
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

ROBERT u. BULLARD
Box FL
Rockville, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that the
Orphans Court for Montgomery County
has issued Letters Parliamentary to
Eleanor Lucille Patton in he Estate of
MARGARET REBECCA JOHNSON
late OF Montgomery County deceased All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the LIST day OF March
next; they may otherwise by law be exc
cluded from all benefit OF said Estate,
All persons indebted 10 said Estate are
requested 10 make immediate payment.
Given under my hand this 23rd day of
August. 1861.
ELEANOR LUCILLE PATTON
III Norwood Road
Silver Spring, Nd.
Executrix et-02o-10-1
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

ARTHUR G. ELGIN
6sO7 Georgia Street
Chevy Chase, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that the
Orphans Court for Montgomery County
has issued Letters Testamentary to Lena
Helmick In the Estate OF
MAMIE j. ROLAND
late Of Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the 22nd day of March
next they may otherwise by law be
excluded from all benefits OF said Estate.
All persons indebted to said Estate are
requested to make immediate payment.
Given under my hand this 18th day OF
September, 1861.
LENA HELMICK
1912 End Avenue
Silver Spring. Md.
Executrix 6t-915-10-26
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

ROBERT n. myers
100 Commerce Lane
Rockville, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN. that the
Orphans Court for Montgomery County
has issued Letters OF Administration to
Robert b. Myers In the Estate OF
MINNIE LEE THOMAS
late of Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the LIST dav OF March
next; they may otherwise by law be ex-
cluded from all benefit OF said Estate
All persons indebted 10 said Estate are
requested TO make immediate payment
Given under my hand this 18th DAY OF
August, 1861.
ROBERT 3. MYERS
100 Commerce Lane
Rockville. Nd.
4 ff Administrator etss4O-lO-l
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

RICHARD HUM
410 HillmoOr Drive
Silver Spring, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that the
Orphans Court for Montgomery County
has issued Letters OF Administration to
suburban Trust Company in the Estate
of
IRENE r. DENISON
late OF Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the 18th day of
March next: they may otherwise by law
De excluded from all benefit of said
Estate. All persons indebted to said
Estate are requested to make immediate
payment.
Given under our hands this 18th day
OF September 1861
SUBURBAN TRUST COMPANY
By: THOMAS S. LAWSON
Trust Officer 6t-S94-10-19
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28
CONROY . WILLIAMS
Solicitors
3420 Hamilton Street
HyAttsviiie, MD.
nRnER NuGl

CONROY . WILLIAMS
Solicitors
a420 Hamilton Street
Hyattsviiie, Ma.
ORDER NlSl
IN THE CIRCUIT COURT
FOR MONTGOMERY COUNTY
As Court OF EQUITY
No 244s2 Equity
JOHN D. BOWMAN
STEDMAN PRESCOTT, JR.
Plaintiffs
10
WILLIAM B. HALL
MIRIAM A. HALL, his wife
Defendants
ORDERED. this 18th day of septem-
Der. AID. 1861. by the Circuit Court
for Montgomery County, as a Court Of
Equity. that the Auditors Report filed
In the above entitled cause, be ratified
and confirmed, unless cause to the con-
trary thereof be shown on or before the
9Th day OF October next; provided a copy
Of this order be inserted in some news
paper published In said Montgomery
County, once a week for three successive
weeks before the said 9Th day Of o.
tober. 1861. the last publication to be at
least one week prior to the day on or
before which objections may be filed.
CLAYTON X. WATKINS
Clerk OF the Circuit Court
For Montgomery County
True Copy--Test:
CLAYTON K. WATKINS
Clerk 7t-s96-s-2a
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

HARRY PROTAS
ROBERT l.. KAY
1903 Old Georgetown Road
Bethesda IA, Maryland
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that the
Orphans Court for Montgomery County
has issued Letters of Administration to
Anita F. Burkhart in the Estate of
HERMAN c. BURKHART
late OF Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the 25th day OF Feb
ruary next; they may otherwise by law
be excluded from all benefit of said Es-
tate. All persons indebted to said Estate
are requested to make immediate pay.
ment.
Given under my hand this 18th day Of
August, 1861.
ANITA F. BURKHART
3502 Randolph Road
Silver Spring. Maryland
Administrative
6t-s14-9-23
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

sTEDMAN PRESCOTT, JR.
S4l4 Ramsey Ave.
Silver Spring, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN. that the
Orphans Court for Montgomery County
has issued Letters of Administration to
Elsie w. Sterzer in the Estate of
HENRY j. STERZER
late OF Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the 22nd day of March
next; they may otherwise by law be
excluded from all benefits Of said Estate.
All persons indebted to said Estate are
requested TO make immediate payment.
Given under my hand this 18th day Of
September, 1861.
ELSIE w. STERZER
$500 westward Ave.
Bethesda, Md.
Administrative 6t-915-10-26
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28
Legal Advertisement
David I. Abse
Attorney

David I. Abse
Attorney
Ills Arrowwood Road
Bethesda IA, Md.
IN THE CIRCUIT COURT
FOR MONTGOMERY
COUNTY, MARYLAND
Elk Rel: The Matter Of the
Petition of
HOWARD C. FELDMAN
and
BARBARA FELDMAN
His wife
For Adoption of a Minor
Child and Change of Name
AJ1Nffo,, Mo 5000
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

JOHN $. McINERNEY
Professional Building
Rockville, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that the
Orphans Court for Montgomery County
has issued Letters Testamentary to
James H. Braxton in the Estate of
EMELINE DAVIS
late OF Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the 18th day OF
March next; they may otherwise by law
be excluded from all benefit of said
Estate. All persons Indebted 10 said
Estate are requested to make immediate
payment.
Given under my hand this 9Th day OF
September. 1861.
JAMES II. BRAXTON
Route TT
Gaithersburg, Nd.
Executor 6t-s91- Job
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

HOWARD LARCOMBE
1105 Wayne Avenue
Silver Spring, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN. that the
Orphans Court for Montgomery County
has issued Letters of Administration to
Settimio Santini in the Estate of
SANTE SANTINI
late Of Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the 22nd day Of March
next; they may otherwise by law be
excluded from all benefits of said Estate.
All persons indebted TO said Estate are
requested TO make immediate payment.
Given under my hand this 18th day of
September 1861.
SETTIMIO SANT1NI
Burtonsville, Maryland
Administrator 6t-912-10-26
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

r.. GEORGE BALLAIAN
1880 GrRndview Avenue
wheaton, Maryland
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN. that the
Orphans Court for Montgomery County
has issued Letters of Administration to
Elsie A. Nicholson In the Etate OF
REUBEN Y. NICHOLSON
late OF Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned TO present the
same on or before the 18th day OF Feb
ruary next; they may otherwise by law
be excluded from all benefits OF said
Estate. All persons indebted are re-
quested TO make immediate payment
Given under my hand this 18th day OF
August. 1861.
ELSIE A. NICHOLSON
431 North Frederick Street
Caithersburg Maryland
st-s12-s-2s
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

WILLIAM H. PATTIsON, JR.
52f0 Wisconsin Avenue
Bethesda IA, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that the
Orphans Court for Montgomery County
has issued Letters OF Administration TO
Nancy Holt Cooke in the Estate of
DOROTHY r. SANTMYERS
late Of Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the 18th day of
March next: they may otherwise by law
he excluded from all benefit OF said
Estate. All persons indebted 10 said
Estate are requested to make immediate
payment
Given under my hand this 9Th day OF
September, 1861.
NANCY HOLT COOKE
1O527 Pinewood Court
Adelphi, Md.
Administrative 6t-s92-10-19
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28
LeauI Advertisement

Staley and Prescott, Solicitors
s414 Ramsey Avenue
Silver Spring, Md.
IN THE CIRCUIT COURT
FOR MONTGOMERY
COUNTY, MARYLAND
SITTING AS A
COURT OF EQUITY
Equity No. 2467S
BESSIE M. PATTON
1900 Georgia Avenue
Silver Spring, Maryland
Plaintiff
VS..
CLARENCE PATTON
Last Known Address:
co Flora Whitaker
922 o Street, N. w.
Washington, D. c.
Defendant
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

WILLIAM j. BRANNAN, JR.
$50 Dixon Avenue
Silver Spring Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that the
Orphans Court for Montgomery County
has issued Letters Testamentary to Eve
line D. Burns and Leonard T. Hardy in
the Estate OF
DOROTHY FIELD EDGERTON
late Of Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the 9Th day of March
next; they may otherwise by law be ex-
cluded from all benefit of said Estate.
All persons indebted TO said Estate are
requested to MAXI immediate payment.
Given under my hand this 5th day OF
September, 1861.
EVELINE D. BURNS
1905 Noyes Drive
Silver Spring. Md.
Co-Executor
LEONARD T. HARDY
$50 Dixon Avenue
Silver Spring, Md.
Co-Executor 6t-S64-I0-12
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

BOARDMAN holland
107 Carroll Avenue
TakOma Park, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN. that the
Orphans Court for Montgomery County
has issued Letters Of Administration
eta. to Boardman holland in the Estate
of
JESSIE FRANCES LOCKWOOD
late of Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the Sth day of March
next; they may otherwise by law be ex-
cluded from all benefit of said Estate.
All persons indebted to said Estate are
requested to make immediate payment.
Given under my hand this 5th day OF
September, 1861.
BOARDMAN holland
107 Carroll Avenue
Takoma Park, Nd
Administrator ct a.
6t-s65-10-12
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1961-09-28

PLUMAIER NJ. SHEARIN
104eO Eastwood Avenue
Silver Spring, Md.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that the
Orphans Court for Montgomery County
has issued Letters OF Administration to
II. Leroy Mullinix in the Estate OF
NATHANIEL MERRITT BACHELOR
late OF Montgomery County deceased, All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the 18th day of
March next; they may otherwise by law
be excluded from all benefit of said
Estate. All persons indebted to said
Estate are requested to make immediate
payment.
Given under my hand this 9Th day of
II. LEROY MULLINIX
10420 Eastwood Avenue
Silver Spring. Md.
Administrator 6t-S93-10-19
THOMAS MORTON Cuttings
THOMAS MORTON CUTTINGS, IN,
$40 River Road
Bethesda IL, Nd.
NOTICE TO CREDITORS
NOTICE is HEREBY GIVEN, that the
Orphans Court for Montgomery County
has issued Letters Parliamentary to
Thomas Morton Cuttings and Thomas
Morton Cuttings. Jr. In the Estate of
ELIZABETH I. DICKINSON
aka. ELIZABETH DICKINSON
late OF Montgomery County deceased. All
persons having Claims against the de-
ceased are hereby warned to present the
same on or before the Sth day of March
next; they may otherwise by law be ex-
alea raal
All persons indebted to said Estate are
requested to make immediate payment
Given under our hands this Goth day
OF August. 1861.
THOMAS MORTON CUTTINGS
Co-Executor
THOMAS MORTON CUTTINGS. JR.
Co-ESecutor
800 River Road
Bethesda ~, Nd. ot-s06-10-12
Evening star., 1961-05-26
Tnse1Ne STAR c-Ie
AUTOMOBILES FOR SALE

Washington, D. c.
Friday, Moy rs. 1861
Evening star., 1961-05-26
AUTOMOBILES FOR SALE

OLDs '57 Super "ss" hardtop A.
dr.; r. and h.. auto, p.s., p.b.;
"''4' 'nHW0NEA EODn
Evening star., 1961-05-26
FrSlrihsrSgno 6v iahNsorSSgomSPPPRHGNpRTA snSPPPRlHHsG IeRiI
BOWMAN

OLDS SO Dynamite IS 4-dr. hard
top; pb, pS, T. and h, 2-tone fin
ish, interior to match. A real buy
Evening star., 1961-05-26
AUTOMOBILES FOR SALE

0LDS '59 Super "ss" 4-door hard
top; full power, automatic trans
mission; clean; low mileage; ST.
9sb. LEE D. BUTLER, 112l 2lst
st. NV, FE. 7-3245.
OLDS '57 Super 4-dr. sedan; p.s..
p.b., auto. trans. Very clean.
POHANKA OLDS
li26 Goth st. NV. FE. 7-S30s
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-07-09
Dodek Purchases
Radio Station
KCUB in Tucson

Oscar /. Dodek, executive vice
president and general manager
Iof the D. j. Kaufman mems
wear stores in Washington, and
president of the Merchants &,
Manufacturers Association, has
purchased another radio sta
ton.
Already president Of Sandria
Broadcasting Corp. which owns
Radio Station KABQ in Albu-
querque. N. NJ, Mr.. Dodek an
nounced the purchase of Radio
Station KCUB in Tucson, Ariz
Associated with Mr.. Dodek i;
Maxwell M. Marvin, who il
executive vice president anC
general manager of KABQ. Mr.
Marvin formerly was vict
president and manager of Sta
tionS VOL in Washington
WNAV in Annapolis and WIDOW
in Dover, Calf.
Station KCUB is Arizona's
Oldest station and carries the
complete Mutual Network news
1t will be owned by the Can
yon State Broadcasting Corp.
of which Mr.. Dodek is president
and Mr.. Marvin is executive
vice president and general
manager. Mildred S. Dodek is
secretary. The company will
start operation upon approval
Of the transaction by the
Federal Communications Com
mission.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-07-09
BUSINESS
BRIEFS
Chrysler Corp. plans produc-

Chrysler Corp. plans produc-
ton of 1851 trucks for the
Post office under a contract
said to be worth $2,942,446. A
Chrysler spokesman said pro-
duction will begin october !
at the Dodge truck plant in
Warren, Mich.
Beneficial Finance Co. and
Western Auto Supply Co. an
nounced revised terms for their
merger previously approved by
directors. Holders of Western
Auto common stock would re-
ceive for each five shares held,
224 shares of Beneficial COM
mon and one share Of new
Beneficial $3.50 preferred stock,
convertible before November /
1866, into two shares of COM
mon.
Allegheny Corp. announced
that Investors Diversified Serv-
ices, Inc, in which Allegheny
owns ATS per cent stock in
terest, will hold a special stock
holders meeting July 1S at
Minneapolis. The meeting will
see the first move to reorgan-
ize IDS since the Murchison
interests won Allegheny con-
troll.
Crude Petroleum Stocks. do
nestle and foreign, totaled
PSI, 429, 900 barrels on July /,
a net increase of 1927, 900 bar
rels for the week. Domestic
crude increased 1873, 900; for
eign crude decreased 1,866,000.
Bureau of Mines.
Florida Orange Concentrate
packed this season totaled "a
272.000 gallons, an a1l-time
high for one year, the Florida
Gamers Association said.
Electric Utilities revenues will
show at least a 6 per cent gain
in revenue in 1861. according
to a prediction by Standard &
Poor's Corp.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-07-09
TOBACCO

UPPER MARLBORO, Nd, July 8
(AP) (USDA).-Tobaeco auctions were
resumed on the Southern Maryland
sales We're held on Monday 70 AND sf Tus Mo
day in observance of Independence
The majority of grades sold at
steady to slightly lower average prices,
the Federal-State Market News Service
rported. Receipts were fairly light in
volume.
Net auction turnover for the three
day period Of July 81 amounted to
a hundred. The average was up IS
cents from last week. Sales for the
season reached 26,764,142 pounds and
averaged S632S. Auctions for the sea
son last year, prior to the final week
sotaled 23;75S's4s pounds for an aver
Prices were down from last week for
one-hah OF the grades. Losses Of 81
and So a hundred pounds were prin-
S ana low Tor os pE Sss
grades were mostly unbalanced and q
Quality % q the offerings held ur
well, considering that the suction sea.
good to low thin-erop followed BY fail
and low heavy-crop, tips, and seconds
Deliveries to the Maryland Tobacco
Cooperative under the Government
Of the auction sales for the three days
The Cooperative has received 81 pei
cent for the season.
Net receipts Of the Baltimore hogs
head market for the season were re-
ported as around 3,763.OQ0 pounds
This, combined with the auction total
amounts. to about 30,527, 900 pounds
Only five more auctions will be held
for the 1860 crop. The four Southern
Maryland markets are scheduled ia
close for the season next Friday.
Auction bid averages per hundred
pounds on limited number Of repre-
sentative o. 8. Grades were:
Grade q. s. Chge. from
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-07-09

crease of 1T per cent from
$82, los. 900 q year earlier.
Reserves increased to $7,1l2.-
900 on June 80. up II per cent
from $6.414.0o0 on the same
1860 date.
President John w. Stadtler
pointed out that National Per-
manent has just completed the
first year in its new main Of
flee at Fourteenth and G
streets NV. 1t opened on June
6 last year.
He reported the association
made $23 million Of new real
estate loans in the Washing
ton area in the last year, in
creasing the outstanding total
to $96,933,000 on June 80. a
gain of IA per cent from $84,-
999 900 a year ago.
Robert E. Buckley, associa-
ton board chairman, empha-
sized that thriving branch Of
fices contributed Importantly
to growth of the last year as
well as the new main office.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-07-09
COTTON

NEW YORK, July 8 (AP) Cotton
futures contracts were mostly higher
this week, ending with prices down 80
cents bale to up 81 .05.
The October, 1862. contract was the
only loser as 1t reflected uncertainty
over the prospective 1862 crop price,
support program.
The current July contract was aided
by prompt coverage of a limited mum
Der of notices of intent to deliver the
actual commodity. New crop months
were helped ty short covering and re-
placement buying influenced by the
possibility of heavy loan entries next
season.
Selling was traced to profit-takins
and LIQUIDATION stimulated by quiet
conditions in the spot market as well
as the export and goods markets
Exports in the week ended Tuesday
were estimated by the New York Cot
ton EXCHANGE service bureau at 5000
bales compared with $1,000 a week
earlier and 20 900 a year earlier. For
the season through July. thev were
estimated at 6.39S.OOO VS.. 6,51s.O0C
to the same time last season.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-07-09
PEOPLE
IN
BUSINESS

John H. Cragoe has been
promoted to assistant vice
president of business proce-
dures for the Chesapeake &
Potomac Telephone Companies
He has been general account
ant.
Alva M. Hill has been named
manager of the expanded
Washington office Of Gilfillan
Bros, Inc, of Los Angeles.
J. Paul Carlson of Arlington
Va, has been appointed dis
trict representative for the Lu-
theran Brotherhood, fraternal
life insurance society, with
more than $1.3 billion OF
assets.
Alan c. Wright has become
assistant director of market
ing and plans for Page Com
munications Engineers. Inc,
subsidiary Of Northrop Corp.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-07-09

holders meeting on July IS. 1t
calls for an increase in the
banks capital structure by sale
of 1900 additional shares to
holders.
Subscription rights would be
issued at the rate of one new
share for each four now owned
by the banks 500 stockholders.
AS recent sales of the banks
stock have been at $40 a share.
the offering price Of $50 would
be attractive.
The new $40 par value
shares would increase the
capital stock Of the bank by
$4,000 to a new high of
$3.50, 900 for the $4,000 shares
which then would be out
standing.
The remaining $4,000 of
the $612, 900 proceeds from sale
of the shares would be placed
in the surplus account in
creasing it to new peak Of
$1,762 900.
American National. formerly
the Bank of Silver Spring,
would have total capital funds
of $2,6l2, 900 following the Of
fering. Under banking regula-
tons. this would increase the
banks lending authority to an
individual or corporation up
to q new ceiling Of 1851 900
from it's present level of
$2O0,0 900.
Mr.. Lasher said the need to
increase American Nationals
capital structure is dictated by
two factors. First, the un-
usually rapid growth we have
enjoyed during the last year
in which our total assets have
increased by more than 80 per
cent and, second. the need to
improve our ability to handle
the increased credit require
ments of our customers"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1961-07-09
J.P. Cosborion Moves
Offices at Suburban

James P. Casbarian, vice
chairman of the board of Sub
urban Trust Co. and president
of the Maryland Bankers AS
ISOLATION, has moved his office
from the Seat Pleasant Branch
to the administration building
at 6495 New Hampshire avenue.
The more central location
will facilitate his work for
Suburban Trust and the bank
association.