Daily press. [volume] (Newport News, Va.) 1896-current, 1898-08-24
IN SESSION.
Twenty-fourth Annual Meeting in Dea-,
~ H. Yer. Col. u.- d. d.
Cgy Telegraph.)

@ (By Telegraph.)
DENVER. COL. Aug. 23.-The tyvsn-
ty-fourth annual meeting of the Amer
lean Bankers Association convened at
10 O'Clock today at the Broadway tho
atre. Most IF the 500 delegates expect
ed We're in their seats when President
Joseph G. Hendrix raped for order.
After roll cal Governor Ava Adams.
OF cniora.iv. himself Il bank president.
made n rather lengthy address. in
which he E"oa-naturedly criticised
many of the methods of modern bank
n lie advocated Il postal savings
bank from the system and II govern
ment ;;u:,ra n,ee for All deposits III "a
;ional anks. ". ..
Mr.. Joseph a. Thatcher, l,residen, of
the Denver clearing hous:. delivered an
address OF welcome Oh behalf of The
Denver bankers. a. .. . ..
President Hendrix SPOKE in response
10 the words nf wclrtn". following
those remarks viii, his annual! address
10 HE association. -1
secretary james K. Branch then read
his nnual report. .Th" Sccie;ar:. wi:o
appeared in his uniform uf major II
the Seventh United States tmnrur" NJ
fantry. was received with enthusiastic
applause. .t= III. i#. .... .....M
Mr.. Walker Hill. Of st. LOFTS. trey,s-
ur"r ri the association. road h $ annual
r"p"it. IT showed receipts ana balan e
since last year $lol..ll; a]isbursrin mis-.
5000. Balance Sf...fs;.
Tn iel,uii Of Tive aud ting COMMITTEES
WAS read. after which the report ~ N.
Nsnt'~tis. committee" Was read.
The REPORT of the eSncuiiE- council
Was read ny the chairman. Nj. Avian
Trpw5b@iL2r. or. New York. After re-
citing tn" work ~ lir. roininiit". MI.
Tr""brid"" read j letter from ii" lt,,-
road Freight Agents .hsSoeiuliVn. -ti2-
costing better methods in the ma IT,
# drafts accompanying bills Of lAdiu;
and asking. FOR a joint committee %
TAX action. The association agreed to
tnc request.
Committees We're authorized to in
Iuire into rates and furiuS Of surrey
bonds and I" suggest Il standard fnril
iar warehouse receipts and blllS of ial-
ing. .." " ... $751;.
Mr. Frank w. Tracy. chairman OF
the committee on uniform laws. made
the report OF that committed. wnith
Was in part as follnwS: .
The negotiable instrument law
Which we are endeavorinE to hay pass
ed is very fortunate in having hc"n
tried for sixteen Years IN Great britain
and all it's colonies. 1t has been si-
l"rsed hy experts III law in thirty oi
tine states Of the union.
"Much opposition HAS been expressed
10 the law hetauS" il abn!iShcS days If
grace. and. astonishing /" say. this on
position manifeSts itself NOR strongly
in til. New England states than any
where else. M 81. .. f.
Tin" task Of attempting to pass tiiS
iaW IN all the state is nii" III llarcu.
lean proportions, but from the .NpHr.-
ence al the past winter our coniinitt."
believes it can BE brought ia Il success
full issue. Thu law is NOW III force IN
Connecticut, Maryland, New York, il.
nraln ana Massachusetts" . ...
lhe renor OF the committee on the
bureau If education was presented by
Willlam c. cornrii. l-.-.-
D Resolutions We're adopted expressing
the regrets If the association upon the
death # Thomas l;iIGway. AZ shawn G.
toxin, Pa. ou I.. y.
After the adjournment ,f the session
the delegates from each state ANA ter
rit0ry held meetings for The purpose Df
chous!nE members OF tlie nominating
gnlnmi.s>sts. IT,. ... .-..-.---4,.~~