15
THE CHICAGO BANKER
August i, 1908]
Y ork and Chicago. When this becomes effective it will make all banks in the three cities redemption agents for the orders. The banks in the agreement do not obligate themselves to cash an}־ order they see fit to reject, but if they accept it they can not charge a collection fee.
membership in the big A. B. A. He wants to reach the 300 mark by August roth.
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burg. Vice-President—G. F. Stebbins. Spear-fish. Treasurer—W. G. Pratt. Jr.. Chamber-lain. Secretary—J. E. Platt. Clark.
Executive Committee—C. H. Barrett. Water-town ; I. S. Lincoln, Aberdeen; F. C. Danforth, Parker; H. R. Dennis, Sioux Falls; M. J. Cheney, Wakonda; S. Drew. Highmore; A. W. Swayne, Springfield: H. S. Sheldon, Water-town; J. E. Platt, Clark: F. S. Strattan, Dead-wood.
Delegates to the American Bankers Association—N. E. Franklin of Deadwood and R. H. Driscoll of Lead.
has spent most of his vacation in the West.
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National, of St. Joseph, Mo.: ־‘Please send The Chicago Banker to me personally. I feel the need of the great religious weekly."
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tion cannot be framed into words. Its meaning was too solemn, its action too impressive, its lesson too majestic, for utterance. It was the silent toast drank to the memory of Peter White and the glowing words of close, brotherly affection spoken by those who loved him best and knew him longest.—Evening Journal.
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year, the advancement of John H. Puelicher, of Milwaukee, from the position of secretary to that of vice-president, and the election of M. A. Graettinger, of Milwaukee, to the office of secretary, the Wisconsin Bankers Association went on record as favoring the recognition of merit in its officers and active members, It also elected Earl Pease, of Grand Rapids, to the position of treasurer, and the following its executive committee : E. A. Dow, of Plymouth ; W. J. Hobbins, of Madison, and H. A. Moeh-lenpah, of Clinton.
Cashier.
At the annual meeting of the directors of the Farmers Bank, of Milton, Ind., held recently, the following officers were elected: M. D. Doddridge, president; C. O. Hurst, vice-president; W, Beeson, cashier, and Oscar M. Kerlin, assistant cashier.
I think we'd have a chance at that All ׳long the bloomin' line.
Jack Jeffries, Ryan, Nelson and A score of other pugs Could handle nicely all disputes And spoil some British mugs.
T^HE Washington State Banker wants banks A to seize and forward to the treasury department for destruction all altered or counterfeit notes presented. The idea is good for it puts them out of circulation and saves the butcher and other unskilled business men from further loss.
pOLLOWlNG are the officers elected by the A Colorado Bankers Association : President, Gordon Jones, Denver; vice-president, A. A. Reed, Boulder, and secretary and treasurer, G. L. Emerson, Silverton.
Delegates to the annual convention of the American Bankers Association, are as follows : Alva Adams, Pueblo; E. S. Irish, Denver, and A. F. Carlton, Cripple Creek.
DY almost unanimous vote the delegates A3 adopted the resolution introduced by D. H. Dougan of Denver, placing the association on record as opposed to government guaranty of deposits in national banks. The resolution was reported on favorably by the resolutions committee, and although an attempt was made by Alva Adams and his friends to recommit it to the committee, thus tabling it for another year, the members voted down the motion more than two to one, and without scarcely a dissenting vote adopted the resolution practically as orig-inallv introduced.
J.
W. HOOPES of Austin, secretary of the 1 exas Bankers Association, has announced the result of the secret postal ballot of Texas bankers on the question, “Are you in favor of guaranty of bank deposits through the state or governmental agency?” The proposition was rejected by a vote of 282 to 210. The capital and surplus of those voting “Yes” agg'regated $r,570,°oo. and of those voting “No” $5,331,000.
TWIE Cincinnati bankers are arranging a A party to attend the Denver convention. The party will occupy a private sleeper, leaving Cincinnati on the 25th, going to Logansport, lnd., where a special train will be made up. including special cars from Columbus, Indianapolis and Louisville.
A T the direction of John O. Sheatz, state CA. treasurer, Charles McKnight, a banker, is appraising the assets of the Allegheny National which recently failed for about $2,000,000. after being looted by its cashier, William Montgomery. The examination is being made with a view to paying the state deposit of more than $500,000.
׳THE banks in the St. Louis Clearing House A Association have signed an agreement to cash at par money orders issued under the new money order system of the American Bankers Association. A similar agreement is being entered into by the clearing house banks of New
State Convention Dates
Date	Association	Place	Secretary	Address
September 8, 9......Pennsylvania.......Bedford Springs......D. S. Kloss.........Tyrone......
September 16, 17, 18... Maryland.......Baltimore............Charles Hann........Baltimore...
September 24, 25....Nebraska...........Lincoln..............W. B. Hughes........Omaha......
September 27........A. B. A. Nat. Conven... Denver..........F. E. Farnsworth....New York.
October 13, 14......Illinois...........Chicago..............F. P. Judson........Chicago.....
November n, 12......Indiana............Indianapolis.........Andrew Smith........Indianapolis..
November 20, 21.....Arizona............Bisbee...............Morris Goldwater .... Prescott..
The offices of the American Bankers Association, Eleven Pine Street, have been fitted up especially for the accommodation and comfort of its members, who are urged to call and use same when in New York.
present—every bank in the district was represented but three. The Fort Wayne bankers were complimented on all sides for their splendid hospitality and all the bankers present will look forward to the next meeting of the group with pleasant anticipation.
Tr*
Requirements of New Law
Columbus, Ohio, July 27.—The attorney-general's department has rendered an opinion to B. B. Seymour, state superintendent of banks, that all financial institutions of the state must secure a certificate from him as required by the Thomas banking law. Another important question decided is that all concerns doing a trust and safe deposit business must have one-half of the capital paid up by April 1, 1910. when the law goes into effect. At that time also all such companies having a capital stock of less than $100,000 must increase to that
American National of San Francisco
The American National of San Francisco has deposited with the city and county treasurer United States bonds of the par value of $125,000 and the market value of $130,000, and forthwith the treasurer deposited with the bank $117,000, as provided for in a recent amendment to the charter. Under this arrangement there is now on deposit in the various banks of the city $290,000, which is drawing a small rate of interest.
Mainly About Banks and Bankers
(Continued from page 3) prosperity, harmony and happiness, among the best people on earth—his customers. All done free, too. A trifle different when you go to law. There everybody loses, but the lawyers and court officials He believes there should never be a dispute between fair persons, that could not be settled by arbitration. So the next time you feel like using a club or the law on another, think twice and call on the T. I), instead. The T. D. will not "butt in." so you will have to “shout first.” He's getting to feel his oats as a T. D.—not the best ever, but runs up against mighty few cases he does not help. At least “if he does you no good, lie'll do you no harm,” and the cure, or its trying, is absolutely free. You will find him at "The Bank that always treats you right” most of the time, where he endeavors to practice what he preaches.
IN his July letter he said: Like Oliver Twist of old, we are hungry for more—business, more depositors, more borrowers. If you are our customer, you know the way of a good bank. Just tell the new man and his friend who does not know. That's all we ask —one chance and we'll do the rest. Once a customer—always a customer here. You just simply can’t get away from the safety, convenience, promptness, accuracy and “up to date-ness” here. For more than twenty-two years, he has given all his mind and heart and labor, to make this good Bank (founded by him) bigger, better, and above all. safer for you.
POLLARD, the sweet singer of Iowa, has a remedy for the British discrimination against the American athletes. He first states the trouble thus:
NowS * 7 British fair play’s all a pipe A bloomin’ bloody fake John Bull must win, no matter how And take each blarsted cake.
For goodness’ sake wake Teddy up Or send our bloomin’ fleet Right up the Thames and blow7 the town Then thev’ll admit defeat!
S a further remedy he says:
Or better still, let's introduce
The boxing game next time
A