The Montgomery advertiser., 1903-05-23
Session of Bankers.

The Alabama Bankers Association | opened it's fourteenth annual convention at the Hillman this morning at 10 o'clock
 with a larger attendance than at any previous session.. The room where the | convention was called to order, on the
 second floor, hardly accommodated the number present. and 1t was necessary to | furnish more chairs than those already | placed. Thirty-four Alabama banks and
 seven Eastern banks were represented at
 the meeting, often several from the same
 bank being in attendance
 | President J. w. Whiting. President of the Peoples Bank, Mobile. called the convention to order at 10 o'clock. Seated | at the same table were Vice. President
 T. O. Smith. Vice-Presdent of the Bir-
 mingham Trust and Savings Company, | and E. J. Buck, President of the City
 Bank and Trust Company of Mobile. Rev Sterling A. Foster of the South Highlands Presbyterian Church, opened
 the meeting with prayer. Col. J. J. Ait | man, in the enforced absence of the
 Mayor. delivered the address of welcome inviting the delegates to the hospitality of
 the city. A. F. Armstrong of the Marion Central Bank responded. assuring the
 Birmingham Banks of the appreciation | of the delega ,es.
 Roll-call was followed by the Presidents l | Secretary Treasurer. Both were listened
 to with the greatest interest Following | these came two addresses, the first on | Trusts and Combination Are They for
 the Public Good or the Reverse?" by L. B. Farley of Montgomery, and the sec
 ond, 'The Bill of Lading and Its Rela- ton to Banking Transactions" by AL
 fred Proskauer of Mobile MT. Farleys
 conclusion was that the trust problem
 would take care of itself and would sur
 vve or perish according as it possessed
 merit. Mir Proskauers addressed called for an amount of discussion, many mem-
 bers giving their personal experiences on the matter under consideration.
 Among the guests of the convention are | William Law of the Merchants National
 Bank, Philadelphia; William Devon of
 the International Trust Company, Balti-
 more; w. H. Mcdonald of the Merchants National Bank Baltimore; H. V. Ral-
 ston of the State National Bank New
 Orleans; G. W. Adams of the Oriental Bank, New York; and w. O. Jones of the
 National Park Bank. New York. The following Presidents of the Alabama banks present:
 c. H. Malone, First National Bank Abbeville R. Y. Russell. Citizens Bank, | Alexander City; J. B. Cobbs, Alabama National Bank, Birmingham; w. P. c.
 Harding, First National Bank, Birming-
 ham; c. c. Harris, First National Bank,
 Decatur; J. H, Craford, Bank of Jasper. Jasper; E. J. Buck, City Bank and Trust
 Company. Mobile; NJ. Whitney, Peoples
 Bank, Mobile; Michael Cody Union
 Trust and Savings Company. Montgom-
 cry; Frank S Moody First National
 Bank of Tuscaloosa; T. M. Davidson. Bank of Warrior; Henry B. Gray Peo
 ple's Savings Bank and Trust Company. Birmingham.
 At l2:So o'clock the convention adjourn ed to reopen tomorrow morning at 10 o'clock, when the last session of the meeting will be held. This afternoon a
 trolley party was given and the members
 were carried to Ensley and later through
 the residence district of the Highlands.
 This evening they composed a theatre party at the Biiou. Tomorrow evening a banquet will be rendered them at the Hillman, given by the members of inc local clearing house.