The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-10-06
OFFICERS ARE ELECTED,
N. D. Rideout of MarysviIle
Chosen President of the
Association.
MEET NEXT AT LOS ANGELES.
j. M. Elliott Named as Delegate to
the Convention at At
lanta.

FRESNO, CAL, Oct. 5.-The work of the
California Bankers Association ended this
morning. When President White called
the meeting to order ne suggested that as
the National Bankers Association convened
on the 18th, 10Th and 18th of this month at
Atlanta, Ca, it would be well to elect
delegate to attend that convention. The
name of ]. NJ. Elliott of Los Angeles was
proposed, and he was unanimously elected
as delegate.
A communication was received from the
Los Angeles Clearinghouse inviting the
association to hold its next annual meet
ing at Los Angeles. A vote of thanks was
unanimously extended to the Los Angeles
Clearinghouse and its invitation was
acce pied. The matter of fixing the date
for the meeting in 1896 was referred to the
executive committee.
]. E. Ward of the Modesto National
Bank read paper on Bank Legislation
Critisim of Our Banking Laws" The
paper treated the subject thoroughly and
was well received.
Leopold Gundelinger of Fresno sug-
gested that before the convention ad-
journed it discuss the proposition of re-
questIng California's representatives in
Congress TO use their influence to secure
the early completion of the Nicaragua
Canal and the improvement of the naviga-
BILE rivers of this State. He then placed
the suggestion in the form of motion. Il
was found, however, that the association
had already taken such steps, which were
embodied in Mr.. Gundelfinger's motion at
q previous meeting, and that it was also
provided for in the resolutions that were
to be adopted.
The report of the auditing committee
was presented and accepted.
H. w. Hewitt, president of the First
National Bank of Stockton, presented the
report of the committee on reso-
lutions, which was adopted:
Resolved, That this convention is unani-
mously opposed to the free and unlimited coin
age OF silver on a basis of Is to / or any other
ratio whereby the material in a silver dollar
will have less commercial value than Its gold
brother, but is in favor of an international
agreement to place silver on a parity with
gold.
Resolutions were also presented thank
ing the gentlemen who had read papers
before the convention. and adopting the
paper of H. w. Magee as expressing
the views of the convention on the subject
treated, "Why Banks Fail"
Another resolution thanked BENJAMIN G.
Wright for his able paper, and still another
thanked the press of Fresno for its reports
of the proceedings and the people of
Fresno for their hospitality in entertaining
the members of the association.
c. E. Palmer of the Union Club and Ma
tional Bank of Oakland, chairman of the
committee on nominations, stated that.
after long and careful consideration, the
lowing nominations:
President, N. D. Rideout of the Rideout
Bank of Marysville; vice-president, Frank
Miller of the National Bank of D. o. Mills.
Sacramento; secretary, R. NJ. WEIGH of the
San Francisco Savings Union; treasurer, G..
w. Kline of the Croker Woolworth Bank;
executive council, to fill vacancies, John
Reichman of the Farmers Bank of Fresno:
j. E. Ward of the Modesto National Bank
of Oakland.
motion was made and carried that
banks with less than $4,000 paid-up capt.
tai stock, be admitted to membership upon
the payment of annual dues of So. Those
banks having capital of over $4,000 will
pay the present dues, $40.
motion to the effect that the selection
of vice-presidents by the county deIega-
tions be postponed until the mem bers had
gone home, and that they make their
by mail, was made, but
when it was shown that except in the
larger cities it would be difficult to get
meeting of delegates, the motion was with
drawn and substitute proposed, to the
effect that such delegations as were pre-
pared to do so make the nominations dur
ing the convention. The roll of counties
was then called and the following made
for presidents: Alameda,
j. E. Baker; Butte. A. H. Crews; Colusa,
W. H. Harrington; Contra Costa, L.. G..
Wittenmeyer; Fresno, O.. ]. Woodward:
Los Angeles, B. NJ. Green; Sacramento.
William Beckman; San Benito, c. w.
Hawkins; San Francisco, S. G. Murphy;
San Joaquin, P. B. Fraser; Santa Clara,
W. Findley; Sonoma, J. P. Overton;
Solano, r. D. Robbins; Stanislaus, o. Nc
Henry; Sntter, D. w. Carpenter; Tulare,
s. Mitchell; Ventura, J. H. McClaverty;
Placer, c. N. Lubbock; Yuba, A. c. Bing-
ham.
vote of thanks was extended to Colonel
William Forsyth of Fresno for his presen-
tation to the delegates of cartons of
raisins as souvenirs of the convention.
President N. D. Rideout then took the
chair, made o pithy speech, and after all
the other newly elected officers had been
called on for speeches the. convention ad-
journed.
The visiting bankers were banqueted at
the Hughes Hotel by the local bankers to-
night. The affair surpassed anything of
the kind ever held in Fresno. Tomorrow
morning the guests will be driven through
the vineyards and colonies. A number of
the bankers will return to their homes To-
morrow night. while others will remain
over till Monday or Tuesday.
SUBSISTED ON RAISIES.
Plight of San Francisco Girls Hired to