The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-05-11

the attention OF the association was the
question OF the liability OF banks on drafts
with bills OF lading attached. II devei-
oped that recent decision BY Justice
Fisher OF the civil court OF appeals at Aus
tin had caused much uneasiness and doubt
among the banks In the case referred
TO, which was case where a Arm at New
Braunfels had purchased grain from firm
In Kansas, the grain had been shipped
and draft with bill OF inding attached made
through bank at Hutchinson, Kan. The
grain was held by consigneo TO be OF In
ferior grade to the grain purchased. and
lsuit was brought for the difference In
price Judge Fisher in passing upon the
case on appeal, held that the Kansas bank
was liable to the consigned. as 1t became
guarantor for the quality and quantity OF
the shipment when 1t acquired ownership
Of the draft. After lengthy discussion
OF this question II was decided to arrange
to have final adjudication OF a banks
responsibility In such cases by making O
test case or following some case now penl-
ing to the supreme court OF Texas. Banks
In Texas, particularly In the cotton grow
Ing section, are very much concerned over
this decision and are eager 10 have a Anal
adjudication as early as possible. Tho
matter was referred to a special commit
tee composed OF a, r, Woodbridge of Aus
tin, G.. A. Levi of Victoria, Az. Lane OF
Dallas. o. II. Dunlap OF Waxahachie, Ca
rey Shaw of Columbus. This committee
Will issue an advisory circular at an early
day for the guidance OF banks pending a
fnal decision by the supreme court
resolution from the Ohio Banking as
ISOLATION, recommending an amendment TO
the present bankruptcy law so that money
loaned at one time or another for the mere
sake Of interest shall not be construed as
q preference, was referred TO the delegates
from Texas TO tho American Bankers as
ISOLATION
John Woods az san Antonlh intro
duced resolution recommending the re :
peal of all laws in Texas relating to pro-
test, which was referred TO the legislative
committee
AT the afternoon session Ed Rotan a
Waco read m interesting paper on THE
Humors OF Banking" which was followed
by interesting experience talks from mem-
hers among others Hon. George C. PEN
dleton, ex-lleutonant governor and eS-
congressman, now president OF the Temple
National bnnk, who assured the associa-
tior that he had quit politics and was try
Ing to reform and make n better citizen OF
himself.
The association voted TO continue the
district system, and resolution offered by
J. y. Miller indorsing and encouraging the
work of the Federation OF Woman's clubs
was unanimously adopted,
Fort Worth is In the race for the ncXc
convention and, In addition to her banners,
has a large and representative delegation
OF citizens on Sand 10 push her claims
Among the ardles who are here with the
bankers are Mrs. Alexander Hamilton OF
cuero, Mrs John NJ, Hefley and Miss hes
sic Hefley OF Cameron, Mrs Ben S. Smith
OF Frrt Worth, Mrs G.. A. Fonte Of Nc
Kinney, Mrs Edward Rotan Of Waco, who
is president OF the Woman's Federation
Clubs of Texas; Miss Forrest Tucker of
Fort Worth, Miss Teeslc Tegener Of Aus
tin, Mrs Ed f. Johns OF Hampstead and
Miss Sanford Gibbs OF Huntsville.