Personnel

Albert P. Imahorn, 36, manager of the New Orleans division of the R. F. C., was elected president of New Orleans' newly formed Hibernia National Bank, successor of Hibernia Bank & Trust Co. (saved once in February by a special one-day bank holiday, it was not able to open wide after the big bank holiday). Some $1,500,000 of R. F. C. money matched by an equal amount in stock subscriptions launched the new bank. It will be a national not a state bank like its predecessor. Thereby Hibernia will get out from under control of Louisiana's State banking department which, dominated by Huey Long, has forced Louisiana banks to dance to the mad Long tune. Rudolf S. Hecht, president of the old bank, retired to chairman of the new.

Darryl Zanuck, for five years general production manager of Warner Bros. First National Studios, resigned "due to a disagreement of policy in company management." The emergency board of the Academy of Motion Picture Arts & Sciences had ruled the bank holiday cut of 50% in studio salaries should be ended by Warner Bros, and full pay be restored April 10. When Warner Bros, refused to restore full pay until April 17, Mr. Zanuck, who had given his word to the employes, resigned.

Arthur J. Chanter, vice president and general manager of Fierce-Arrow Motor Car Co.. was made president in recognition of the fact that in the last five years he has doubled Fierce-Arrow's share of sales in the fine car market. This spring the company produced mainly for exhibition purposes a $10,000 "Silver Arrow" model without exterior gadgets (spare tires, luggage rack, etc., etc.), with enclosed wheels and scientific streamlining to reduce wind resistance 35%, hailed as forecast of the cars of 1940. Fierce-Arrow is not affected by the receivership of Studebaker which owns a block of Fierce-Arrow stock, for Fierce-Arrow has its own capital structure, no outstanding bonds. Only major obligation is a $2,000,000 note due in 1937.

Alice Brydon Ritchie, widow of Harold F. ("Carload") Ritchie, famed Toronto 'salesman who distributed Eno's Fruit Salt, Glover's Mange Medicine, Rubberset Brushes, Tanglefoot Fly Paper. Fralinger's Salt Water Taffy, Scott's Emulsion, Pompeian Cream all over the world (TIME, March 6), was elected president of her late husband's distributing firm, Harold F. Ritchie & Co. Ltd.

This file is automatically generated by a robot program, so reader's discretion is required.