The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1908-11-14
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Kansas city, Mo. Nov 14.-The ne
suit Of the financial war within he di
ractorate ot the National SANK OF com
merce Is that the 4lidgleys vill retire
from the pctive management uf the in
siitutlon shortly after San /. This Is
not because the bank has not pros
pered under the management Of N1l
liaD 3. 2idgley who formerly was
comptroller of the currency. It has
prospered. But % financial struggle,
made more fierce by social war in
which Ms w. b. RiGgely and Mrs
Edward Ridgcly play an important
part has been waging since the first
week of tho Ridgelys stay in Kansas
city and the Rdgelys have been de-
fcated
Z rs claimed that as a result of the
social functions which have been at
tended hy t&e wives of the eastern
fnanciers they have hel4 aloof Grom
he maior portion of the guests and
nave shown no tendency to 'miz."
"Thc acxt president of the National
Bank OF Commerce will be a Missouri
an and a Kansas City man. who will
conduct the bank according to ms
ideas Of the members of the board oi
directors, for Kansas City people anC
tie couuicy tributary to thiscity.'
This is the expressed opinion Of thu
Woods Kamper Long gHeim-pickey- ia
tion, which now holds the controlli,
interest Of the stock of the institution
after securing The shares held by tn
st. Louis interests at a heavy PR
MUM
The reoi ganlzauJn committee il
stalled William b. Ridgoly as pres
dent and Edward Ridgey as cashier
Summing up the results attained u
the eastern financiers. one OF th
stockholders. member OF the hoart
3i directors, says they are not wha
they should be Business frop cam
try banks has been added winch Is
valuable asset, but The business OF IN
Kausas CITY business mon has mt
neon iucrCcscd great den by the u
slalation of Tho pdgelys In the MAJ
apemcnt of the bank.
Tho social fea,ute of the war Il
control OF the bank las been an iu
portant fICkor with the Dr. w.
Woods faction for wishing 10 rega.
control, according to those acquainte
with the facts. The story goes tha
within a week after the arrival Of IN
members Of the Ridgely party in Kai
sas city and during their residcuc
AZ the Baltimore Hotel the wife @
every member OF the board OF direC
tors called upou them.
Ii Is s4id that from that date to IA
present time the calls have not been
returned and that the Mesdame
! Rideoly have shown little inclinatio
10 mix with The wives of the dlrv'
I tors OF the oiIlnicials of the bank Th
wives cf The Kansas City men Ia tur
ocGme liqued by the attitude Of tn
/ gidgeleys which combined with IN,
business reasons for the retiremen
u The president and cashier
II Is claimed by many stocknOlder
tpat at hlnQucts. dinners and CONNIE:
/ ial gatherings the Mcsdames Ridge
/ lv have sLoNn little inclination TO nil
| PIE with tho wives OF Kansas CIT
! BUSINESS men, and acted as thoug
they had nothing in common wit
them
The report that William Huttif
president OF the National Bank
! the Republic would BE The now pres
/ don't of the National @ank of Com
merce is claimed TO be without four
latiun by the nnancicrs who make IA
tho controlling faction There IS mucl
speculation as to who VIII be the new
resident and q semms The genera
opinion Of those in a position TO know
ltEat It viii not be either DR.. Moods O
". n. Kamper Az any rate, the hanl
win be q strictly Kansas City insiiu
tion with the removal of the Ridge
| lys from control and the sale by 81