Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1908-07-02
MONEY
Handlers Of State Hold Inter
esting Meeting! and Hear |
Good Addresses
Attend Ball in the Evening.
as quests Of Com
IIerCiaI Club


The state bankers association was
called to order In the hall of the
Commercial club Wednesday morn
ing at 1870 by President g. 3. Batch
elIer. The Invocation was made by
Rev Chas.s w. Harris Of Bismarck.
His honor, Mayor F. r. Smyth, well
coined the delegates in a speech, the
hits in which were applauded by the
audience. M. F. Murphy of Grand
Forks responded. The president Of
{ the association then delivered his an.
ntial address as follows: #
Ladies and Gentlemen:
Your president greets you at this
B the sixth annual meet of the North
Dakota Bankers association and as
we assemble for the purpose of mu-
/. tual benefit trust we will, one and
all. leave a part and also receive a
4 part which In time to come, will BEN
eft us as individuals and state.
US Our state has grown from mere
{ handful Of people a generation and
+ a half ago, to consid erably over one
y half a million > This number Of peo-
4 pie divided into counties, cities, vii.
lagos and hamlets, each working for
the upbuilding and welfare of the
4 state, has brought it TO be q factor
{ In our nation. Our banking laws are
among the best, the execution Of
these laws are among the best, our
wives and children are among the
4 best, and our Capital City is among
4 the best. Our sister state, MINES
i ota, has within her boundry lines one
city that advertises to make good,
/! another that makes better, but IL
# you want sure thing in every city,
town and country, you will find II
4 in North Dakota. @
IT IS gratifying to note the growth
H of any institution, and SO it is in our
4 association; one year ago, May the
Goth. there were SIS banks organized
and doing business in this state to-
day we have sci. divided, with 12S
national banks. 4233 state banks, and
one trust company. The cepital, sur
plus and undivided profits Of the ma
tional banks are about sir million
4 dollars; and that of the state banks
somewhat larger; combining the de-
posts Of both they amount to nearly
fifty millions of dollars. II II.
In all cities and towns we have
enough banksin some we have too
many. There has been a tendency
within the past few years to rush
Z into every new town and into older
p ones a second, third, and even a
fourth bank The effect is, factions
exist caused by the banks exerting
Il themselves to get, keep and control
all business possible and this often
results into the tearing down instead
OF the upbuilding OF a community.
Ny idea Of a bank is a place where
the people repose confidence in its
officers and directors and are moi
4 over induced to deposit their money
81 "A banker will not belittle himself fol
business, to concoct schemes against
his competitor for the sake of a few
more dollars to be placed on deposit
IN his bank; let his method of bust
ness and living be such as to invite
customers to his bank. ANY instu-
ton that is not following this method
should haul in his sign. lock the
door and board up its windows.
We are guardians and hold in trust
every dollar placed Id our hands by
4 the people of our community, there
fore, be careful Of your loans, have
them giltedg ten loans Of 800 each
are better than one loan of 81 900
There will come q time when ever,
depositor in your bank at one time 81
another viii want his money, bs
ready to count this out to him wheI
he presents his check which will cal
for every dollar he has In your banl
he came to yon with his all deliv
en- to him what is his due. HAY,
your bank In such excellent condition
that the last depositor calling fol
his money Ii as sure OF ON hundred
Cents on the dollar ais he who cam,