The Montgomery advertiser., 1907-05-19
MONTGOMERY GOT 1T
TO MEET IN THE CAPITAL
 ..CTTY.
Captures Convention Over, Selma and Mobile, After . Spirited Contest.
 E. J. Buck Is Elected
 PreAldenf.

Birmingham, May IS-- Especial --
 Electing officers. selecting Montgomery
 as the next meeting place, and thea
 ter party this evening, the fifteenth an- nuai convention of the Alabama Bank | CTS Association came to c close in Btr-
 mingham with the unanimous apinion expressed by all who were in attend ance. that the session was the most en- joyable and most profitable that ever was held by the organization.
 The papers that were read and dis cussed were all on timely subjects and each and every banker present has something to think of for some time to come.
 E. J. Buck of Mobile. was elected | president; w. F. c. Harding, of Birm- ingham, vice president; McLane Tilton. Jr., of Pell City. secretary treasurer.
 Hon. John D. Walker. of Sparta, Ga. | was the first of the program today, the meeting being held at the Country Club. He spoke on The Re.ation of the Far mer to the Banker" Hon. Frank B. | Moody, president of the First National Taxation He said taxes are the bank | CTS best investment. Some times we object to their payment, and frequently we ought to object, he said. but nevertheless they are necessary" w. D. Nesbitt was, introduced and he ex- plained at length the. warehousing of cotton and the benefit that would accrue to the farmers, warehonsemen and DdUkerS A motion was introduced by J. R. Byrd, which prevealed, endorsing the uniform warehouse receipt act and the association goes on record as urging the adoption of that act IcLane Triton, Jr. offered a resolution memoralizing the Legislature to repeal the tax on, for eign money loaning corporations Ar ter some discussion, tee motion was re- ferred to the legislative committee.
 A-Governor Johnston. of Alabama. n EF of ident of the American Bankers Asso- citation. were also on the program for today, the subject of Captain Johnston's address being Banking to one who has reformed" Luncheon was served at the Country Club, and the theater party was an entertaining event of the convention. The following resolution Introduced by McLane Triton, Jr, was adopted;
 Be 1t resolved by the Alabama Bank CTS Association that it is the sense of this Association that for the benefit of its members 1t should employ counsel. adopt a cipher code, and go into hdelity and bonding insurance. TO reacn theso ends we hereby resolve as foiloWs: "First--That our incoming executive council shall perfect arrangements with some burglar and bonding tnsuranco company whereby the Association will act as agent in the writing of this bus mess for our members, and that said contract shall become operative on or before September 1, 1907.
 "second--T That the president, vice president and secretary employ counsel for the Association, whose services shall al-o be at the call or our members on such terms as may appear best. Third --That the incoming president appoint a committee to prepare and | distribute a cipher code for the use of | this organization.
 | The following report was made pT the committee on nominations: | Your committee on nominations Tor | officers for the ensuing year beg leave 1 to report as follows: ~
 For President--E. J. Buck, Mobile. Vice President W. P. G. Harding.
 Secretary -Treasurer--M ane Triton. Jr.. Pell City.
 Group Vice Presidents
 No. f--Robertson. Culiman.
 No. 2--H. L, McElderry Talladega-
 No. 3--George A Searcy Tuscaloosa
 No. 4--Jeff Blount, Greensboro
 No. 5--Louis B. Earl, Montgomery
 After a spirited contest between selma. Montgomery and Mobile for the honor of having the next convention or the Association. Montgomery was se- lected. .,..s