St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-05-11
BANKERS AT BANQUET.
Twin City Financiers Have q
Pleasant Time

Twin City F'inanciers Have a
Pleasant Time.
The fourth annual banquet of the
Twin City Bankers club occurred last
evening at the Ryan hotel, and was
probably one of the most enjoyable
events of the kind ever held in this city.
Those of the regular membership pres
ent were: A. l.. Alness, A. G. Amber
son, E. H. Bailey, William Bickel. G.
W. COpley. William Dawson Jr., e. A.
Hendrickson. George Ii. Hosmer,
w. d. Kirk, A. NJ. LaWton, JOS
eph Jockey, Joseph Minea, ID. A.
Monfort, K. NJ. Newport, George G..
Power, l.. E. Reed, c.; E. Rittenhouse,
Albert Scheffer, Alex Sternberg, J. A.
Swenson, Henry P. Uphani, of st. Paul;
and John E. Bell, &. e. Braden. IL. P.
Brown. James B. .Forgan. IL. M. Knox,
Clinton Morrison, E. Ii. Mou!ton, ii. j..
Miller, o. n. Ostrom, H. H. Thayer and
T. W. Wilson, of Minneapolis. The
Foote. of st. Paul; A. f. Kelly, of Min
T. l.. Schurmeer. n. p Langford, j. j.
2. O'Dell, of Chicago; Maj. IL. B. Strait
of Shakopee; A. Streichenberg, of ST,
Paul. and Egbert CoWles, of Minneapoz
lis. Ii. p. Upham presided, and at his
right and left sat Messrs.- Langford and
Moult0n. An excellent dinner was
served, at the conclusion of which the
business of the evening was begun by
the election of officers. Hon. Albert
Schetfer nominated S. A. Harris, OF
Minneapolis, the last vice president, as
president for the ensuing year. ID. A.
Monfort for vice president and George e.
Maxwell, of Minneapolis, for secretary
and treasurer. The report Of d. Az
Monfort as treasurer showed a balance
beyond all expenses for the year Of
S551.22. This gave rise to the consider
alton OF the ACCESSIBILITY OF reducing the.
annual dues from $40 to SIS. j. j. IL
O'Dell, of Chicago, beng called upon
to address the meeting told of the
pleasure it had given him to meet the
representative men OF the Twin Cities
on all occasion of the kind. He felt
for both St. Paul and Minneapolis the
strongest affection, and had often
thought that if ever he found it desir
able to change his place of habitation
he should wish to move toward the big
cities on the Mississippi. Of st. Paul
and Minneapo! he could but see that
their interests were identical, and cities
as these were. one in interest, should be
also one ia spirit.
ApropoS of the proposed reduction of
the annual dues of the club. he wished
to say word. 1t was mis-
take to adopt such a method in
his opinion. True, the dues were eX-
cessve so far as the needs and expenses
of the club were concerned, but he
should suggest a disposition of the
surplus such as is made by the Bank
ers' Club of Chicago, of its surplus.
The money would never be missed nor
regretted by those who paid il. were
the surplus to be applied for the
establishment of library for the
use aid Improvement in matters per-
tanning to their business, of the bank
ers' clerks. He had not on rising in
tended to offer this suggestion. but as It
had been offered, wished it to be re-
garded merely as means OF establish
Ing that much good could be done with
such a surplus. n. T. Langtord,
probably the oldest banker in the
city, gave thrilling recital of
an adventure with road agents in
New Mexico, way back in the sixties.
He was for fourteen years national
bank examiner for about dozen West
ern states and territories, and the most
of his travelling from place to place was
by stage in day when stage coaching
was by no means the most pleasantn nor
the safest method of transporta-
ton. He had recently figured up
the distances he had travelled while
thus employed and found that
Mexican mules and American
mules equally as perverse, had pulled
him across country something like
the distance of $4,000. d. A. Monfort
gave an interesting little talk on the
early days of banking in st. Paul, when
the regular rate of interest was per
cent month. Now. he said, the bank
ers were banking for the honor and
glory of it, and the good and develop
ment of the country. l.. e.
Reed spoke entertainingly on
The Fun Of Running for AZ
derman,' and declared with an empha-
sis born of his recent experience in the
aldermanc race that he hadn't had as
measles. Hon. Albert Schetfer spoke
in his usually light, witty strain, and
entertained the company as only
Schetfer can. The meeting broke
up earlier than would have
been the case on account of the
compulsory leave-taking of the Mime
apoIls delegation to catch the last train
for the Flour City. The evening was
a very pleasant one for all concerned.
1t was decided on motion of Mr.. Scheffer
to give banquet yearly at which the
ladies will be invited to be presents
The next annual meeting will occur at
the West hotel. in MINNEAPOLIS,