The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1888-06-28
BANKERS.
Final Pre- ceedings of the Conven
ton at Galveston and Its
Adjournment.
Resolutions Adopted and Annual
Officers Elected-Dallas Next
Place of Meeting.

Special Telegram TO the statesman
GALVESTON, June 21.-The third and
last day of the session of the State Bankers
association reassembled at Harmony hall
at II O'Clock a. m. to day. The com
mittee appointed to examine the treas
urer's report reported that a thorough
examination of the books had been made,
and every thing found correct.
The committee TO which was referred
the question of notary fees and charges
for bad collections, reported as follows:
To the Bankers association Of Texas
Your committee to whom was referred the
resolution in reference to reducing charges
of Iotaries public for prott st fees and in
reference to making charge of % cents
for collections returned unpaid, respec,-
fully report that they have very carefully
examined into these questions, and that
In opinion of your committee, notorial
fees for protesting commercial and bank
paper are too high and should be reduced,
as such reduction would, in
our opinion, increase the volume of pro-
test business, and thus remunerate the
notary for decrease of fees, and it
would relieve the banks of large amount
of paper held over under instructions,
about which the banks have to assume
very great risk in the exercise of their
judgment as to the diligence to be used in
making the collections. In reference to
making a charge for collections returned
unpaid, your committee is of the opinion
that it would be unwise to establish any
fixed rate upon this matter, but that local
banks in each town or city should
make such an agreement among
themselves as will be agree Die
and just to themselves and their Gus
TONERS. We also recommend that the
essay of Mr.. j. Z. McAshan be published
with the printed proceedings of the as
sociation, for the information of mem
bers, and that the recommendations
therein be referred to future NEE ting of
the association.
(Signed) J.F. MILLER,
CAREY SHAW,
j. p. ALvERY.
The following resolution, offered by Mr..
A. Hansel, of San Antonio, was unani-
mously adopted
Resolved, That q standing committee
of five be appointed to obtain from all
bankers of the state reliable information
as to their capital deposits and bills re-
celvable held by them on a certain date
during the year. Also all information
that may seem of inn ortance to said
committee, provided it were within the
line of banking. The said committee
shall compile the information re-
ceived and furnish it to the
state board of immigration, besides
mailing copy to every bank in
the United States and Canada. The said
committee shall render full report at the
next Texas Bankers convention.
The chair appointed the following gen
tlemen as members of the committee on
statistics: A. Hansel, A. B. Smith, d. A.
Chambers, j. u. Miller and Z. Z. Emerson.
Mr.. l.. l.. Jester, of Corsicana, read a
paper from T. B. Green, of San Antonio,
entitled Some protection afforded bank
ers oy cooperation"
Mr.. j. j. Smith, of Fort Worth, then
read an interesting paper
Mr.. Walter Gresham, of Galveston. adj
dressed the convention in behalf of deep
water, suggesting the submission to the
people of a constitutional amendment
empowein the legislature to undertake
the work, and expressing the belief that
the general government would reimburse
the state.
vote of thanks was rendered Mr..
Gresham for his address.
Mr.. Exall invited the convention to hold
its next annual meeting in Dallas. The
invitation was accepted, and the second
Tuesday in June, 1889, set for the meet
ing. The convention then proceeded to
the election OF officers for the ensuing
year.
j. u. Miller, OF Bolton, ives chosen
president; L. c. Phillips, of Hillsboro, A.
Hansel, of San Antonio, and Mr. Downs
of Temple, vice presidents; L. L. Jester,
OF Corslcana, secretary, and Carey Shaw.
OF Columbus, treasurer.
The following were elected as An ex
ecutive committee; A. D. Smith, E. NJ.
Reardon, n. B. Sigh, ]. I. Miller. G. A,
Levi and A. Alexander.
After the passage of vote of thanks
to the people and press OF Galveston for
inequalities and courtesies, the coLyen-
ton adjourned sine die at p. N.
After the Adjournment the delegates
were giveu an excursion on the bay with a
fish fry and chowder at Fort Point. and
tonight were entertained by grand BAH
at Harmony hall.