The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-11-15
THE BANKERS CONVENTION.
First Session This MOrning-The Pa
pers to BE Read.

This morning at 10 o'clock the second an
nual convention of the Indiana Bankers
Association will be called to order by Allen
NJ Fletcher. president. in the Commercial
Club assembly room. Following the presi-
dents address reports will be heard from
the various officials and the executive COM
mittee, after which the appointment of COM
mittees will be announced. The morning
work will conclude with an address by Or
lando M. Packard, rational bank examiner.
This afternoon brief statements of the bust
ness conditions will be made by the vice
presidents from each of the thirteen con-
gressional districts. Nathan Morris, of this
city, will have a paper on THE Bank
ruptcy Law as 1t Applies to Bankers" J.
d. Powers. president of the First National
Bank, of Owensboro, KY, was to deliver
an address, but it was feared last night that
he could not be present. Last night num-
Der of delegates to the convention had reg
istered at the headquarters in the Denison
Hotel, and it was said that the indications
were for a large attendance. Among those
who registered last night were the follow
ing:
l.. G. Tong, South Bend; Walter Vail,
Michigan City, A. II. Stark, Rockville; }.
+ T. - E Ems Huntington; a g. Lupt95n,
Bayard Vincennes; {. r. Lindsay, South
Bend; c.. A. Kimball South Bend; George
w. APPLICABLE, Corydon; Mord Carter,
Danville, and H. w. Moore, Lafayette.
Ex-Controller of the Currency Eckels, of
Chicago, is expected to be here tomorrow,
and will probably be asked to speak on some
topic of interest to the banking business.
Last night there was meeting of the exec
said that the council was discussing de-
tails of the report which is to be submitted
this morning. Following is the programme
Norning-Address. Municipal Debt of In
diana" John Farson. of Farson, Leach &
Co, Chicago; address, Mortgage Banking, ;"
Oren Taft, jr, of Parsons-Taft Land Credit
Company, Chicago; address, Hon. James II.
Eckels, ex-controller of currency; adjourn
ment.
Afternoon-"Wh.ch is the Better Second
airy Reserve for a Bank. Municipal Bonds
president National Branch Bank. Madison
Should a Banker Discount Paper Offered
When 1t Depends, In His Opinion, upon the
Indorser for Payment" George w. Bell
cashier Citizens State Bank, Piaintield; is
Bank Justified in Rediscounting Paper in
Order to Loan at a Higher Rate of Inter
est?" +. H.. Starke. cashier Parke Bank,
Rockville; Some Practical Banking Cues
When Bank Reserves Are Large, How
Shall Such Funds be Used?' r. NJ. Camp
bell, of Campbell, Wild & Co., Indianapolis
reports of committees. election of officers
installation of officers, adjournment.
The conference will close with a banquet
at the Grand Hotel tomorrow evening
These are the officers of the association:
President-Allen NJ. Fletcher. Indianap-
oils
Vice President-C. T. Lindsey, South
Bend.
Secretary-NIord Carter, Danville
Treasurer-Edward L. Mckee, Indianap-
oils.
Executive Councillor one year: w p
Welborn. j. l.. Bayard, +. w. Menaugh,
jerome Allen q. A Mount. For two years
s. A. Morrison, A. q. Lupton, ID. A. Coulter
w w. Smith, l.. q. Tong. For three years
v. T. Malott NJ B. Wilson w. II. Niblack,
w G. Irwin, Richard RuddeIl.
The Commercial Club. the Columbia Club
the Country Club and Das Deutsche Haus