The times. [volume] (Richmond, Va.) 1890-1903, 1893-10-12
BANKERS IN SESSION.
ryr wFy or FINANoE MEET AND
oRoANIzE the STATE.
r,ftv-riyc Institutions Represented-The
Objects Of the Association fuIiy set
Forth In n Resolution.

Ing n state Bankers Association. fllNy-
five banking institutions were represented
Maior w. j. Johnson called the meeting
70 order. ana nominated Major Fred. X.
Scott as temporary chairman, ana MI NJ
s. QuarIes was selected as temporary
secretary Rev Dr. W. w. Landrum was
present, and being called upon offered a
fervent player.
Mayor ]. Taylor Ellyson welcomed the
visiting nnanciers I'm most happy and
cordial address, which was responded 10
on behalf OF the Association by Captain
Charles NJ. Blackford, president OF me
Peoples National Bank, of Lynchburg IN
graceful terms
The chairman then announced the fol-
lowing committees:
Permanent Organization: Judge George
L. Christian, Richmond; q. w. ramsey
Roanoke; IL. G. Hardy, Petersburg; q. *.
Anderson, Clifton Forge; J. l.. Billisoliy'
Portsmouth.
Constitution and bylaws: IL. VI. oar
nell, Roanoke: G. ]. Wade. Christians
burg; c. NJ. Braxton. Newport Ne SIS; Z.
NJ. Biackford, Lynchburg; John 4. Branch,
Richmond.
The following members OF banking in
stitutions were enrolled as members:
George u. Finch, president Bank or
Mecklenburg, Boydton; c. ". Williams, OF
Williams Goode, Boydton; {. /. Wade,
cashier Bank of Christiansburg; George
X. Anderson, cashier Allegheny Bank,
Clifton Forge: H. s. Doggett. represent
ing National Bank Of Fredericksburg; 4.
Y. ID. Conway OF Conway az Co., Freder-
icksburg; III. L. SchmeltZ, of Schmeltz
Bros. Hampton, also OF Newport News;
W. l. Johnson, cashier Peoples Bank OF
Houston; II. II. T. Adams, president OF
the First National Bank, Lynchburg; W.
a. Carpenter. president Lynchburg Ma
tional Bank: ID. +. Mitchell cashier Ma
tional Exchange Bank. Lynchburg; c. N.
Blackford. president Peoples National
Bank of Lynchburg; r. +. Stearnes cash
Ter Traders Bank Of Lynchburg; II. W.
Yoder, cashier Bank OF Newcastle; G. NJ.
Braxton. cashier First National Bank OF
Newport News: w. b. Vest. cashier Cit
zens and Mariners Bank OF Newport
News and United Banking and Building
Company, of Newport News; G. w. Ram
sey, director of Fidelity Loan and Trust
Company, Roanoke Trust Loan and Safe
Deposit Company; II. M. Darnel secre-
tary and treasurer State Savings Bank;
Traders Loan and Trust Company, S. ID.
Ferguson; James Chalmers, president
Farmers National Bank, Salem; j. q.
Brown. cashier Bank Of WythevilIe: &. n. |
Trinkle, president Farmers Bank OF |
Southwest Virginia, at Wythevine; II. &. /
Hardy cashier Petersburg Savings Bank; |
w. r. Nicholson, president Pulaski Ma |
tionai Bank: George j. Carter, delegate |
from Pulaski Loan and Trust Company. |
From City Of Richmond: S. q. Wallace, |
). w. SintOn, A. L. BOulware, ]. l.. |
Branch, j. II. Montague. r. II. Smith, j. |
W. Lockwood A. b. Blair j. s. Elicit |
NJ. b. Quarles, j. r. Werth, Thomas |
Branch & Co., J. l.. Williams a. Sons. ". |
L. Warning, Jr. From Roanoke: A. :. |
Asbery. IL. NJ. Darnell, representing the |
First National Bank; y. r. Fishburoa |
president National Exchange Bank.
At / o'clock the meeting adjourned fiji |
o'clock in order TO give the committees
an opportunity to report.
The Afternoon Session.
The afternoon session was called to or
der by Major Scott at $50 O'clock and
several new members were enromen as fol-
lows H. c. Burnett, cashier Of the
First National Bank Richmond: John
Morton secretary OF the Virginia Safe
Deposit and Fidelity Company. Rich
mond; John +. Glenn. cashier Of the
Merchants National Bank. Richmond; |
John It. Griffin. Merchants and Farmers |
Bank, portsmouth; II. Easily president |
Planters and Merchants Bank South |
Boston; Joseph Stebbins. president and |
J. j. Lawson, cashier Of the Bank OF |
South Boston.
AZ the opening Of the meeting. Mr..
John T. Branch offered a resolution Of |
thanks 10 MI II. NJ Darnell Of Roanoke. |
lor ms valuable services in organizing |
the meeting which resulted i'm the for |
nation OF the Virginia Bankers AssocIa- |
ton. Judge Christian he'd prepared q |
similar resolution, which he read accord |
Ing to Mr.. Darnell the credit of the |
movement This was read and aRoptcd |
unanimously.
Mr.. Darnell In response referred 10 the |
influence winch might be welded i'm Sc !
curing better laws for governing the |
,lhahces or the country He particular |
~ referred TO the defective system of |
collecting. the confusion and uncertain |
" caused by the different number of |
days OF grace in different States. and !
other lack OF uniformity.
The report OF the Committee on Com |
sutution was then read. and the con-
sttution offered was adopted. The de-
claration sets forth the purposes of
the association In the following words:
In order TO promote the general well
fare and usefulness of banks and bank
Ing institutions. to cultivate more in
innate social and business relations be-
tween mamebecs TO collect and dissent
nate valuable financial and economical
information affecting our common in
terests, 10 secure unity and co-oDera-
ton In the furtherance OF legitimate and
conservative banking and for the pur-
pose Of correct information as to the
functions OF banks. and their relation 10
the commercial, industrial and agricul-
tural interests of the State
The constitution proper. besides stating
I'm detail the manner and method OF the
conduct of the association. provides that
the name shall be The Virginia Bankers
Association. Every Incorporated bank
trust company and any person engaged
In legitimate banking Of good standing
In this State may become member by
enrolment on the books and the payment
Of the prescribed annual dues
Every member shall be entitled TO but
one delegate, who must be an officer or
member Of banking firm. No voting by
proxy will be allowed
The Executive Committee shall take |
charge OF the general business OF the |
association.
II shall be the duty OF every member /
TO notify the secretary OF any fraud or |
crime practiced on any member of the |
association. and the secretary shall notify |
other members OF the association thereof. /
and when so directed, by the Executive |
Committee offer such reward for the /
apprehension and conviction of the Grim |
tnal as the funds then on hand shall |
warrant.
That committee Of nine members. 10 |
be known as the Committee on Banking /
Jurisprudence and Information. be APP /
pointed annually by the president. whose |
duty IL shall be 20 consider and take |