The times. [volume] (Richmond, Va.) 1890-1903, 1897-02-19
THE CREDIT MEN MEET.
PROPOSITION 10 F0Rh An ORGANL.
zirfON CONsIDERfD.
Mr. #. X. Boocock, of New York, Urges
Action ia an Explanatory Address
A Committee Appointed

p,,rsuant 10 a call for a melting OF
"credit-men." as those who superintend
the granting Of credits in business are
called. there assembled a number Of
these gentlemen in the hall Of the Cham
hor ~ Commerce at O'Clock p. NJ. yes
terday.
Among them were Mr. a. B. Clarke.
president Of the Old Dominion Iron ana
Nail Works Company Dir. chlles NJ.
Ferrau secretary and treasurer Of the
r. ". Rountree and Brother Trunk and
bag Factory; Mr. J. d. GrumD. secretary
and treasurer OF the Wingo, Elicit *
Grimm Shoe Company; Mr.. Thomas u.
! srokrs nj stokes q simmons, wholesale
/ hat dealers. Mr.. H. W. Powers. president
| Of the Powers-Taylor Drug Company;
/ AIR g. Norris Shuman, Mr.. Jacob Bates,
| Of Ftchfson Bates * Starke, wholesale
hats. Mr. l.. 5. Christian, ylce-presicent
/ of the i d. q r. $. Christian Company,
wholesale rrocers: Mr. Junlus b., M0sby.
/ Of Mostly Wilkinson, Epes & Co.. whole
/ sale notions Mr.. Sampson HifsE, OF VI.
| Nflbiser 4. CO.. dry goods, Mr. W. HI.
| Keinfueham. secretary Of the Bureau or
/ Credits. and Mr.. w. j. White. manager
/ I'm Richmond Of the SnOw-Cnurch Com
| pany.
OBJECT OF THE MEETING.
! The object OF the meeting had been stat
! ed I'm the Richmond newspapers OF W ed
nosday and Thursday, 10 be the con-
sidoratIon OF the advisabihty Of forming
| a local branch OF the National Associa-
/ ton Of Credit Men" TO regulate and I'M
! prove the granting OF commercial credits.
a call for this meeting was signed by
| these prominent business houses: stokes
! d. Simmons, NJ Mllhiser a. Co, T.. \.
| Saunders ,e Sons. The STANDARD OIL Com
| pany, H. W. Wood & sons, >. W. IraVers,
! The Smith-COurrney Company. Harris.
! Flippcn a. Company. HARRISON & Crump.
! Davis d Atkins. Allison d Addison. Etch-
! ison, Bates & Starke II. a. Williams, The
| old Dominion Iron and Nail Works Com
pany. The Southern OH Company. i. 9.
| Younger The Merchants National Bank.
| The i. ID. e. K. 5. Christian Company.
and kiugan d Co,
In tho circular signed by these firms.
or their representatives, II was said.
| Many cre0it-men OF our CITY beneFe
| that AN organization composed OF gen
| tlemon identified with tho extension OF
mercantile credits would be Of inestimabie
value and importance 20 tho interests they
represent. Tie matter has long been
| made the subject OF more or less discus
/ sion. and has resulted In tho formation
Of a very strong national organization
as well as vigorous local associations IN
Sioux CITY. New York. New Orleans, 81.
Louis, Kansas ,lty. Louisville DlilciA..a-
/ a. Nashville Detroit. Minneapolis. 81.
| Joseph. Portland. (Orel Denver Baltl-
more Philadelphia, PittsDurg. Rochester.
D d.
junCts Of the national body AiFeads
splendid results havo been attained such
a. making IL penal offence In the state
! OF Louisiana 90 give fraudulent ngures
for the purpose OF obtaining credit, ana
whereby any one in deirauded, a4so' max
/ ine 90 "a penal offence for parties seiiihs
out stocks. go blocks. that have not Deen
| paid for and making IL oncumpent upon
/ the purchaser t0 exact q sworn state
mont from tho seller that tho stock OF
merchandise has been paid for or ina.
/ ha win Take tine proceeds Of such sale ana
rr0rafe among hls creditors. An active
and consistent campaign Is now pelhS
aeitatel against that monsUous injustice
/ known as the "leed-of-tlust law, in the
State OF Texas. and seeking TO equdi%,
and improve tho laws pertaining TO th>
rights of debtor and creditor in that Com
mouWc lth.'
Air. r.. d. Booco.E Of New York who
.-. t....tr ,,i.hn,.,.l several DAYS. an the
ODD . ..t.,, d, order
,.-.. "a .,..eostcl mar
49,. 49,, ,,,ofr,o,n
-l'. d I'''.' 3D. ... 49,, 90 ard tho
"'S "- 1900 10. +bo choice
| o. SIR. vs.. H. Koningham as secretary.
Mr. Moshy said that be presumed tho
-'"'''' p .l.... .,,5 Ia oil
hl,i"l ,'' w.. - ,,e mem
o." Ul." a.. ,'' -.,.-...-, ~ 3,
D'-' ,, 1c,,-cC,f-,s ,DDpreS
GO. ~ ,ro National Crodit-Mon's
,.-t.+.or poo.rcl. tf.n FIRST expressed
! 49,. ,,i .,.,,-,. n.. had fn baine I'm Richmond
and tho deuehtfm acquaintance he had
,,...l, hare
a.. f'ro,,,.t, 3d., or,-tiros Of their bro
Nor cr..ii..,nen 90 au parts OF the Union
/ ~ tbar de- sail ana his desire was 10
.-t.i,'t - ~ 1,o,f oeeocia,ions ~
.-.t...'i o--.,ri-,.i0, ~ You york
a., 80 ..,.t., IN o,..r tho country,
90 NJ, l,.t''. ~ ttsse orcorizati9ns is
.i.', ,,....,..,,,., ~ Mons, obuees and trou-
H.. .t.+ ,-,'li. mo, .r, Subjected IN bv
-.....,.,, - 3d.. ,.,r,.i,, iavs re,yardiny coll
i,..t,,e e., a., ,..rfore States
q. ,-,. D., ,,order wins. credit men had
rot bo.,.l ,i.rneolvee together before this.
DO said. f0r in this age Organization was
everything and great benefits would en-
sue 20 business men o. they would begin
now TO orranlzo and push the reformation
% certain laws in the states. by which
mon - doubtful character made assign
monts. and preferences IN those assign