Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-10-12
OUR MEN OF FINANCE
Virginia Bankers Meet and Organ
lie a State Association.
MANY FINANCIERS PRESENT.
a co,s,,tot,on and Bylaws Adopted and
Oficers Elected--severai Good
SD. eches--Favor Repeal


nj noon by MAJOR W. ]. Johnson. presl-
dent OF the Citizens Bank. and at his re-
quest Major Fred. Scott. vlce-president
OF the Merchants National Bank. took
the chair as temporary chairman.
Upon a call OF the roll Of banks, pri-
va,e banking houses. loan and trust COM
panics. etc. OF the State. the following
delegates were found to be present:
George NJ. Finch. president Bank
Mccklenburg. Boydton; c. y. Williams
OF Williams s. Goode, Boydton: c. j.
Wade. Bank Of Christiansburg: George
*. Anderson. cashier Allegheny BANK
clifton Forge. II. s. Dogeett. represeh''-
tive OF National Bank OF FredericKspuIB :
Conway Gordon a. Garrett. Frederlchs-
burg. by y. Y. Conway; II. J." Schmeiz.
Of Schmelz Brothers. Hampton ana
Portsmouth; George l.. Carter, Wcc-presl'
dent Citizens Bank. llillsville. W. >.
Johnson. cashier Peoples Bank. OF Hous-
ton. r. H. T. Adams presldeno OF fhst
National Bank of Lynchburg; W. a.
CARPENTER president Lynchburg Natiohai
Bank: d. T. Mitchell. cashier Exchange
National Bank, Lynchburg; &. NJ Black-
ford. president Peoples National BanK'
Of Lynchburg. r. f. Steans, cashier
Traders Bank of Lynchburg; H. NJ
Yoler. cashier Bank of Newcastle; I.
~ Braxton. president First National
U,uk Newport News: United Banking
ond Buil1ing Company. Newport News;
W. u. Vest. cashier Citizens and Marine
Rank. Newport News; II. G. Hardy,
cashier Petersburg Savings and Insurance
Company: H. l.. Billously, cashier Bank
Of Port smouth; w. r. Nicholas, cashier
Pulaski National Bank; G. i. carter
director Pulaski Loan and Trust Com
pany: j. w. Slnton, cashier CITY
Bank Of Richmond A. i. Boui-
ware. president First National Bank
Richmond: }. Il. Branch, president Mer-
chants National Bank, Richmond; j. II.
Montague president Merchants ana
Planters Savings Bank. RiChmond; r. il.
smith. cashier Planters National Bank,
richmond: J. W. Lockwood. cashier Of
%ational Bank OF Virginia, Richmond; A.
h. Blair. cashier Security Savings Bank,
Richmond: J. S. Elicit, president State
Bank OF Richmond; NJ. S. Quarles, vice
president Virginia Safe Deposit and
Fidelity Company. Richmond; j. r..
Werth, president OF the Granite Building
Company, Richmond: Thomas Branch q
Co. Richmond: w. l.. Waring. Jr.. Rich
mond: J. l. Williams &c Son, Richmond;
a. :. Allary, Commercial National Bank
~ Roanoke; H. NJ Darnal OF the Roa-
noke Trust. Loan and Safe Deposit Com
pany; S. ID. Ferguson, banker, Roanoke,
and First National Bank of Roanoke;
r. r. Fishburne, president of National
Exchange Bank Of Roanoke; q. w. Ram
sey. vice-presIdent Fidelity Loan and
Trust Company. Roanoke; a. S. Asbury.
director State Savings Bank, Roanoke;
John Chalmers president Farmers Ma
t.onal Bank, Roanoke; J. q. Brown,
cashier Bank OF Wytheyille; G. NJ. Trim
he. director Farmers Bank Of South
81 stern Virginia, Wytheville; W. J. john
.on. president Citizens Bank OF Rich
;aond; Judge George L. Christian, presi-
'.nt National Bank Of Virginia, Rich
aond
.!r. Mann S. Quarles. OF the Virginia
tc-pepOsit and Fidelity Company, was
HIte temporary secretary.
Major Scott, on taking the chair, ex-
.Ics>.d qualification at Seeing so many
delegates in attendance. and the hope
that the organization ii was proposed
90 effect would prove permanent and pro-
ductive Of good, and after an earnest
prayer had been offered by Rev. DR.. Ian
drum called upon Mayor Elyson to make
the address Of welcome.
MAYOR ELLYSONS ADDRESS.
Mayor Ellyson said It was not his pur-
pos" 10 greet In" convention with formal
address OF welcome. but rather TO eN'
tend to its members an old-faShione1
Virginia greeting, phrased in the we'll
meaning words, I've are glad to see
YOU" He was glad to see them because
hoy were Nrginians. The capital city
VAS always glad to see the sons of Nir-
riIia because they always had right 10
br here. lie was glad to see them be-
cause OF the interest they represented
Ii, was glad TO see them because the
object of assembling was to strengthen
ana support the banking interests of the
Commonwealth. There could be no better
evidence of the prosperity Of Virginia
than the increase OF the banking institu
lions of Virginia. The multiplication OF
hanks was the foundation of the increas
ing mercantile. manufacturing, and agrl
cultural wealth. 1t might not be ortho
d3X TO say 1t, but there never was time
IN our history as a State when the people
had 40 much 10 encourage them-so mucl
to give them hope, not only in mercantile
and in manufacturing, bat in agriculture
sections as well lie was glad the bank
rrs of Richmond had determined to or
.,nnize a State association. for II combina
lion of the interests of the bank:
for harmonious action would give Still
greater assurance that all other interest
dependent upon banking were In SAT-
hands and that the deposits OF the PEG
Die were safe. The bankers Of Virginia
had thoroughly demonstrated that they
wanted the confidence OF the people.
CAPTAIN BLACKFORD'S RESPONSE
CAPTAIN Charles NJ. Blackford presiden
of the Peoples National Bank. of Lynch
burg. responded to Mayor Ellyson's re
marks He said he had been met at III
fatNV n
told him that he was down for Il speech
II was delightful to know that the conven
lion was welcome anywhere, for fror
what he read in the papers it would seer
that bankers were at discount. Mayo
Ellyson had well said the money and tn
most important interests Of the countr
were entrusted to the hands of the bank
prs. The members of the convention stoo
here to-day the representatives of the bes
interests OF Virginia. The bankers OF Vii
sinia could meet Without self-reproac
conscious that they have been true I
the business confided TO them, and the
deserved the confidence of the people Q
Virginia TO state these facts was IN
best acknowledgment he could make @
the Mayors greeting. AS bank pres
dent he, the speaker, had merely been "a
ornament. He was lawyer by profes
oeen done by his hard-worked cashier
But when the recent financial storm brok
he was called to the head OF the Associa
ton OF Bankers of his city. lie could sa
with truth that the fact that the banker
II Virginia deserved the confidence c
the people was attested by the manner l
which the people gave them their conf
$ aence during the monetary crisis. All thi
considered, he felt he had right 10 az
cept on behalf of the visitors the grace
full welcome extended TO them by Mayo
Ellyson.
PROVOKED A LAUGH.
At the conclusion of Captain Black
lords address DIR. Landrum evoked Srea
laughter and applause by Informing m
convention that IL they would look
the revised version of the New Testamer
they would find the declaration tina
silver is the root of all evil.''
Major Scott then announced the follow
Ing committees and the convention az
iourned 10 meet again at 5 7. M:
Permanent Organization-Judge Geore
l.. Christian, Richmond: G. w. Ramse,
Roanoke; ii. c. Hardy. Petersburg; {
X. Anderson, Clifton Forge; j. l.. Bill
solly. Portsmouth.
Constitution and By-Laws-H. NJ Dal
nall. Roanoke: c. j. Wade. Christian
ourg; {. NJ. Braxton, Newport New.
&. M. Blackford. Lynchburg; John ]
Branch. Richmond.