The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1891-01-30
HOME BUILDERS LEAGUE
Building and Loan Asso-
Citations Organize for
Mutual Protection.
THAT MECHANICS LIEN LAW.
RoundlY Denounced by Delegates
from 179 Associations.

cDectot to lhe Sefsfa JAf1 Near4
TRENTON. Jan. %, ls91--A convention
Of the various Building and Loan Asso-
Citations was held at the State House to
day and a State League. on the plan Of
those Of New York, Ohio and California.
was formed.
James Bishop. chief of the Bureau CT
Statistics Of Labor and Industries. issued
a formal call to all the associations in the
State some weeks ago. to which every
county responded except Sussex and
Ocean.
About 325 delegates were present 10 the
Assembly Chamber when Mr.. Bishop
called the meeting 10 order at fifteen
minutes to eleven this morning. They
represented 17g Of the 256 associations in
New Jersey.
The meeting opened with ex-Speaker E.
Amber Armstrong. OF Camden, who pre-
sided al the September meeting. in the
chair. Luther Schafer. of Rutherford.
began the ceremonies with resolution 10
the effect that State League be formed
and that a committee be appointed to pro-
pose constitution and bylaws; said COM
mit5ee to consist of one delegate from
each county. The discussion which toll
lowed on this resolution lasted two
hours
FRANK o. COLE oBJEcTs
Frank o Cole. OF Hudson. spoke against
organizing the League He was not sure
League was needed and wished to have
the subject discussed before any action
was taken.
Mr.. Smith. of Bergen. thought there
was need OF such on organization for pro-
lection against foreign associations. An
Essex delegate wanted a league 10 pro-
tect the associations from the Legislature
faf n a IL san lrT
like the idea Of league simply TO combat
legislation. Senator Marsh stated that as
far as his experience went ne had always
found both Houses most careful OF the
rights OF building and loan men, Several
other gentlemen also spoke on the sub
ject, and a vote was taken on the subject
and Mr. Schafer's resolution was adopted
by vote of las 10 los.
Charles +. Southland Of Union offered q
resolution asking that the foreign asso-
Citations be compelled to deposit Sl00,0
instead of $50, 200 IN securities with the
banking department.. The resolution also
denounces the system OF deducting the
premium bid as profits earned as form
of bunco. After some discussion the reso-
luton was referred to a committee which
reported substitute bill greatly modify
| ing the original
| The following officers wers elected:-
President. f A. Armstrong. OF Camden:
| vice presidents, w. A. Linn. Of Bergen.
and Frank q. Cole, OF Hudson. secretary,
George Forman, of Essex; treasurer. W.
| H Livermore. of Gloucester
TO REPEAL THK LIEE Law.
A resolution. calling Tor the reDeai OF
| the State Mechanics Lien law OF last
| year, was adopted Mr.. Cole asked for
| larger representation from Hudson
| county. The new constitution was
amended SO as to make the Executive
| Committee consist OF rwenty-one. not
more than three to come from one county
1 The attempt 70 raise the membership fee
yention adjourned till the third Tuesday
in July.
The delegates from Hudson county
/ were Henry Ewald aud John j. Heary,
| of the Washington Building and Loan
| Associations; Frank o. Cole, OF the
| Phoenix; William b. Coughlin, OF
| Columbia; John Wheelihan and John
I j. Cole, Of Bergen No. 2, City
/ Hall Commissioner John Pearson and
| William B. Garrison. Of the Cartaret,
/ j. C. Steele and Z. p. Roberts. OF Bergen
/ No. 8; Henry Gaede and Alderman Nc
! Arthur, of the Industrial: Charles n
/ Prior, William LaBdham and Thomas
Mills, of the Home; William K.
Laird, Of the security; De witt
| Landrine and Charles C. Black. of the
| Highland; Joseph McComb and o. h
Gardner. OF the Paramount: Freeholder
| George Nelson, of the Excelsiors
| Or. ". Allen and A. A. Franck.
/ of the North Hudsoa Association;
| Comptroller George B. Hough aad
1 c. A. Bucklin. of the Garfield; henry
! R31th. Cf Greenville; Mr. Southland, L
/ ID. Fowler. ex-AssemblymaD James D
Erwin. William G. Cudnpo. Henry Con-
diet. Mr.. Mullins. John Bessen. Of Hobo
/ ken and Henry Hansen, of Union Hill.