The Portland daily press., 1900-03-19
A Representative Gathering Saturday
Evening. VS.
1t Adopted Constitution
and Elected Officers.
Charles =. HitcRbOrn OF Au-
gusta the President.


formed In Portland, Saturday evening.
The attendance was large and ths sssoci-
alton. which has long been nseied among
banking men in Maine, starts on on its
career under the most aattering auspi-
os. There are only SO hanks In Maine
and q great many Of these were repre-
sented at this initial meeting. Many
mem hers came from the extreme eastern
part Of Maine and from the western and
central portion as we'll. 1t Is safe 10 say
that nearly all Of the larger banks from
Ouoddy Head 10 Kittsry were represent
ed at this meeting either directly or In
directly.
The gathering OF these men who handle
money and who reflect the prosperity Of
this state In their annual statements, was
held at the Falmouth hotel. They wsrs
the guests OF the bankmen Of Portland
who proved themselves to be royal enter
tainers and who treated the out OF town
bankers with all the consideration to
which they are entitled, A fine dinner
was ssrved BY Landlord NunnA who
knows how TO serve q dinner, and 10
seemed to be enjoyed.
The cigars lighted, Mr. Q. $. Hitch
born OF Augusa called the sssem blags to
order. Mr.. Hitchborn 10 olasssd with
Hon. II. NJ. Heath and Hon. Orville d.
Baker as the repres sntative orators OF
central Maine, and when be speaks he
never lacks for attention. Mr.. Hitch
born. in htting language. paid magnid-
cent tribute to Portland, and to Its hos
pitaiity. He then proceeded to make the
report Of the committee, which was select
ed at q former meeting to draw up a
COZ s.itution aud by laws for the new as
ISOLATION. This committee, consisting Of
Messrs. Hitchborn and Gouid Of Angus
ia, and Mr. B,on Wilson Of Portland,
has devoted great deal OF time and en-
eray to the formation OF this association
and their report was very thorough and
complete. The constitution was adopted
in short order. The only section which
created any discussion was regarding
the mem Der ship of the association. This
10 limited to the officers Of national and
state banks in Maine. 10 was first
thought that 1t would DO best to limit
the nam bsrship to banks alone and give
each one Of them a representation by del
eRates, but after consideration 10 was
deemed best to make 1t broader than this
and give all the officers of banks full
privileges of membership. One of the
objects Of this association 10 to protect
the banks of Maine from fraud. II any
fraud Ia praotioed on any rank whore
officers are members of the association
the fact will be at once made known to
the other mem bers Of the association so
that they may be on the lookout for SIM
liar tricks. Although 1t is not stated
In the Constitution or bylaws, 1t is I'M
derstood that another object OF this asso-
citation Is to bring about q uniform sys-
tenn of doing business between banks In
Maine and In other states. This will.
SO 1t 10 said. be of great benefit to the
smaller banks which are now Obliged to
do about what Is prescribed by the larg-
er banks.
The constitution and by laws having
Teen adopted by the association, the an
nual meeting was fixed for the second
Wednesday in June, the dues were
fixed and similar business transacted.
A oomruit.ee was then appointed to
nominate officers for the ensuing year
and the following officers wers elected:
Presidsnt-Charles S. Ritohborn, Au'
gusta.
Secretsry-John X. Gould, Augusta.
Treasurer-George A. Stafford, Halo
Executive Council-W. d. Mussendsn,
Bath; Q. ID. Crosby. Camden; Major A.
Ii. Plaisted, Watsrvile; A. l.. Tempiston,
Lewiston.
Mr.. Bion Wilson OF Portland was nomi-
mated for treasurer, but stated that he
would not be able to serve In that Ca
paclty owing TO tie pressure Of business.
but that he would be q high private in
the rear rank and do his utmost to fur
Their the interest Of the association.
Mr.. Hitchborn made very appropriate
speech in accepting the position of presi-
dent. He said that he regarded 1t as
great honor. He thought that there were
present older aud ADLER men than him
self who might more Pr operly be selected
for such q trust, but that he would en-
dsavor to do his utmost to make the as
ISOLATION . success. He was given a
hearty round OF applause at the oonclu-
sion Of his remarks.
A vote Of thanks was passed to the
Portland bankers who had so royalty en-
tertained the association and similar
votes were passed for the railroads and
the special oommittee which had drafted
the oonsti sutton and bylaws of the asso-
cation.
1t WAS voted to make honorary mem
hers Of the association National BAnk
Examiners Charles p. Hatch and Charles
W. Curtis, State Bank Examiner y. Il.
Tim bsrlake and Assistant Bank Exanii.
nsr w. s. Ellis.
Thoss present at this. the initial meet.