Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-08-25
THE COHEN co. THE COHEN co.

| ing features. There were four general
| subjects under discussion.
The first subject was patriotic Spirit
Of Bankers" and the discussion was open
ed by J. ID. Powers, president of the First
| National Bank of Greensboro, Ky.
Albert j. Lowry, president of the Lowry
| Banking Company, of Atlanta. Ga.
| followed Mr.. Andrews in a paper show
ing that the bankers have ever been will
ing 10 sustain the government with trea-
sure and blood. He said that If all the
moneyed classes paid as just portion of
taxation as bankers, the rates of taxa
ton would not be one third of what they
are.
W. S. Whitman, Of Atlanta, presented
paper
NKINLEY CONGRATULATED.
c. nus A. Pugsley. president of the
Westches er County National Bank, Of
Peekskil, y. Y, mpved that the follow
ing telegram be sdnt TO President Nc
Kinley:
''The Bankers Association. in its
twenty-fourth annual convention, assem-
bled at Denver. Col. representing the
banks Of every section. begs most heart
lily 10 congratulate the President Of our
beloved republic upon the successful con-
duct Of the war, the brilliant achieve
ments of our army and navy, and the
prospect Of peace"
The motion was carried unanimously.
a. c. Anderson, cashier of the st. Paul
National Bank, ST. Paul Mimi, read a
paper on practical Safeguards Against
Check-Raising."
Mr.. Anderson's suggestions were refer
In ha
ton as it should decide upon. II was de-
cided to continue the Educational Com
mittee, with am appropriation to conduct
its work.
"a HOT TIME"
y humorous incident of the session
was the singing of the popular melody.
"A Hot Time in the Old Town" by the
members. 1t was suggested by a gen
ueman, who had referred to the alleged
origin of the song in Cripple Creek. As
he finished, a lady in one of the boxes |
sang, in clear voice the first verse
and then, to the discontinue of the pre- |
siding officer, the whole convention Join |
ed in the chorus.
The afternoon was devoted to a trolley |
ride about the city. a smoker was given |
at night at the Denver Wheel Club.
TRUST COMPANY SECTION.
The second annual meeting of the Trust
Company section Of che American Bank
ers Association was held at the Denver
Club to-day. After the report of the Exc
outiVe Committee a technical paper on |
The Duties and Liabilities of Trust Com
oanies, Acting as Transfer Agents and
registers" was read by Fred. Racle-
mann, counsel for the Old Colony Trust
company, of Boston. This was followed
)y hve-ninute talks on "Why Trust Com
lanies Are Better Equipped Than Indivi-
iuals 10 Act in Trust Capacities: the Ma
ure and Extent Of Their Duties"
NEW OFFICERS.
A number Of addresses were made ar
er which the election of officers was
aiken up, the following being chosen:
hartman, Breckenridge II. Jones. ST
souls; Vice-Chairman. Otto Bannerd
Jew York; Chairman Executive Commit
ee, Anton G. Hodenpyle, Grand RAPIDS
Itch; Secretary, Arthur Heurtly Chi
ago. Executive Committeeman for three
ears: Otto Bannerd, New York; f. b. ,
ibson, Denver; Arthur Heurtly, Chicago. $
Executive Committeeman for one year. \
place Of Breckenridge Jones (esigneO: | !
ohn ii. Holiday, Indianapolis. /