The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1898-04-14

noon and evening at the Commercial
club rooms: c. L. BrokaW, cashler VI
the Wyandotte State bank, of Kansas
City, Kansas; c. Q. Chandler, president
of the Citizens State bank of Medicine
Lodge; J. P. Moore. cashier OF tne
Browne assistant cashier of the Mer-
chants National bank of Kansas CITY.
Kansas; c. H. Pattison, cashier OF the
United States bank of Abilene; w. X:
Guild cashier of the State BANK Oh
Bern; VIM. Docking, cashier OF the
Peoples National bank of Clay CENTER
c. w Snyder, president of the Chiffon
State bank, and the following Topeka
bankers: Major VIM. Sims, president OF
the First National bank; John r Null
vane, president of the Bank OF Iop sa
P. 1. Bonebrake, president of the Cen
trail National bank; F. M. Bonebrake,
assistant cashier of the Central Nation
al bank, and William M Macterran;
cashier of the Merchants National
bank. Edward Wilder, treasurer or the
Santa Fe; John E. Moon, president of
the Kansas Mutual and r. H. Brigham
attended the meetings as representa-
tives of the Topeka Commercial club
Group No. l. which met here includes
the counties of Marshall, Riley, Dickin-
lin, Miami, Geary, Pottawatomie, Ne
maha, jackson, Shawnee, Douglas,
Johnson, Jefferson, Leavenworth'
Brown, Doniphan and Atchison.
One of the questions discussed by the
bankers was the adjustment of the
days of grace on notes This clause
has been abolished in most of the states
of the union. In Kansas it is still in
effect. 1t is really but little advant-
age to anybody and it is very annoying
to the banks to figure it in the notes.
The bankers ordered the recommends
ton presented to the Legislative COM
mittee at the meeting of the state asso-
citation that law be prepared for
passage abolishing the custom.
P. I. Bonebrake gave his views on I'M
equal taxation, using some of the in
formation in his address on taxation
delivered before the Commercial club
some time ago. The inequality of taxes
in the different counties was discussed
The state association will be apprised
of the fact and an effort made to get 1T
remedied. These four groups into
which the banks of the state are divid-
ed are really a sort of appellate division
which meets to prepare important ques-
tions for the state association.
The matter of using the United States
mails to transfer currency was discuss
ed. Recently the express companies in
creased their rates for carrying curren-
cy rs to SO per cent. Certain insurance
companies then stepped in and offered
to insure currency sent by registerSd
mail at rate which was less than half
that charged by the express companies
AS a result, many of the bankers
throughout the United States nowfsend
currency by registered mail with insur-
ance. Following this the express COM
panies made a reduction to the former
schedule but the bankers still think
the rate too high. The matter will be
presented to the state association.
The meeting was called to order with
P L Bonebrake as acting chairman and
William Macferran as temporary sec
rotary. The bankers then elected as
officers for Group No. the following:
President, J. P. Moore, Holton, and
Observation-Disclosures, G. L. BrOkaw, Kan
sas City, Kan. The executive commit
tee consists of E. H. Brown, of Kansas
CITY, Kan, E. A. Kelly, Leavenworth,
P. I. Bonebrake, Topeka, and Fred A.
Stocks, of Blue Rapids.
1t was the unanimous opinion OF the
bankers that in case of war the bank
ers of the country would come to the
assistance of the government with what
bonds were necessary. The following
resolution was passed:
Resolved, That the bankers of Group
No 1 of Kansas, while depioring the
necessity of war or war measures, pledge
their hearty and unanimous support to
the United States government in the
present crisis"
Group No. 1 will meet only at the call
of President Moore. There are about
40 banks in this district.
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