Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-09-21
Question as to Whether Bank
Can Retain Charter and
Not Receive Deposits
DIES MONIES HAS CASE IN POINT
Milton RemIey of Iowa City is Quite
Confident That the Second District
Can be Redeemed For the Repub-
leans This Year Turner Will
On Ticket as Elector.
Special to Times Republican.

Des Moines, Sept 21.-The state
banking department is somewhat puZ-
zled over the case of the Security Trust
and Savings bank of this city in
turning over it's deposits to one bank
and deciding on going out of the saw
ings bank business. 1t is understood
the old organization is to be continued
for brokerage business. But the ques-
ton is whether or not corporation
can advertise as a savings bank and
act under savings bank charter and
yet not do a savings bank business.
Similar questions are coming UP every
few days in regard to corporations.
For instance corporation offered ar
ticles here for filing the other day and
on the face of it the company was a
trust company, but the company was
authorized to do a full banking bust
ness. The line between banks and 9TH
err corporations is sometimes not easily
defined.
The Iowa millers will make an at
tempt at forming new state associa-
ton, and to do this will meet In Oma-
ha October 6. They have generally ac-
copied invitations to go to Omaha and
be guests Of the grain men and COM
mercial club at that time, and the as
ISOLATION will be formed then. A state
association was in existence for a num-
Der of years, but has never been of
large membership nor very active, as
it was connected in a way with the
mutual insurance business the millers
maintain.
Milton Remley, ex-attorney general
of Iowa, is quite confident the Sec
ond district will be redeemed this year.
Judge Wade never had a rough and
tumble fight before the voters he
said. "He was first appointed judge,
then elected without an opponent, and
the second time had a very poor OPP
ponent. When nominated for congress
the republicans made a blunder and
Wade had an easy fight. But we are
going to make hard fight for Daw-
son this year. He has been out over
the district and has made a very favor-
able impression; in fact, he is good
candidate and we are going to stand
by him and elect him.
George HI. Taylor, the Iowa candi-
date for the presidency on the Ma
tional Liberty party ticket is to put an
electoral ticket in the field in Iowa,
and will solicit votes from the colored
people of the state. A majority of the
colored voters here in Des Moines re-
fuse to countenance the movement and
denounce Taylor as a democrat; but in
the mining camps of the state where
colored miners are employed it is said
that there are many quite ready to ally
themselves with Taylor. 1t will be
necessary for Taylor to secure a Pc
tition with 500 names before he can
get on the official ballot and to have
electors in all the congressional dis
tricts. This petition will be filed in a
few weeks and it is asserted that the
petitioners will be secured in Buxton
and other large mining camps Of the
state.
The republican state committee is to
meet in Des Moines September 30,
the day that Speaker Cannon will visit
the city, the purpose DelilS W III lne
vacancy on the electoral ticket caused
by the forced resignation of George
E. May, of Charles City. Mr.. Turner,
of New Hampton, will be selected to
go on the ticket. May resigned rather
than sever his connection with ma
tional bank. 1t was reported some
time ago that A. d. Clarke, of Kos
suth county, elector for the Tenth dis
trict, was ineligible, since he is chief
owner of a national bank in Mime
apolis, and was a director, but he
writes the committee that he holds no
position now in a national bank.
Governor Cummins will accompany
Senator Fairbanks across the state of
Iowa on his tour Of the state next
month";. much as he did President
Roosevelt, when the latter crossed
southern Iowa last year. The trip will
be made one of the most spectacular
ever made by a candidate across the
state.
OUTPUT OF $500 CASES.