The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1909-04-21
AT STATE HOUSE.
Stafford Bankers Are Excited
About New Law.
Don't Like the Provision About
Bank Directors.
GANSE MOVES AWAY.
Senator from Fourteenth Dis
trict Changes Residence.
Kansas City, Kan., Complains to
Railroad Board.

Railroad Board.
a Stafford correspondent writes the
State Journal that bankers in Kansas
are generally questioning the clause of
the new state bank law which provides
that every director of a state bank must
own at least $500 of the banks stock, -
and argues that. "as few bankers have
any stock to sell, that the bankers will
test the law in the courts There are
few people outside the bankers who
will question the wisdom Of the law
which requires that men controlling the
affairs of a bank shall own stock in
that institution. 1t should not be nee
essary for bankers to sell stock to bank
directors. The latter should by all
means own at least $500 worth of the
banks stock which they are supposed
to protect by their advice and counsel
The law was passed with a view to do
irg away with dummy boards of direc-
tors. The more a director is interested
financially in a bank the more attention
he will give to the conduct of the af-
fairs of that bank. A bank advertlSeS
the names of all the prominent men in
the county as members of its board OF
directors. This inspires the confidence
and gains the patronage of all the
friends of these directors. If the latter
own little or no stock in the bank 1t is
pretty certain that they take no more
bank than the town drunkard or the
village loafer. The laws passed by the
last legislature affecting state banks
are good laws and especially that sec
ton requiring directors to own at least
$500 worth of the stock of the banks
they are advertised to protect by their
business judgment and resources. The
courts will hardly set aside such a wise
and just statute.
The Burlington Republican makes the
following announcement of the removal
of State Senator H. E. tianse from the
Fourteenth to Twenty-fourth senator
ial district:
Senator and Mrs. Henry Z.
Ganse have moved to their new home
ir Emporia where Mr.. Ganse has form
ed partnership with w. l. Higgins.
The Ganses will be greatly missed in
Burlington as they took an active in
terest in all kinds of public affairs and
were deservedly popular. Senator Ganse
had a splendid practice here in the firm
of Ganse & .Hannen but in moving to
Emporia he enters a larger and more
profitable field and with practically a
certainty of abundant success
The Kansas state railway board in
the hearing held in Kansas City, Kan,
listened to the complaints of ship
and the yard companies at Argen-
tine were responsible for unnecessary
and costly delays in unloading stock
from the cars after entering the
yards. There was a mass of testimony
on the subject. The Santa Fe was
pointed out as the worst offender and
the Katy, Burlington and Missouri
Pacific next in the order named.
After hearing all the testimony the
board adjourned to take the matter
under advisement.
r. A Edwards of Castleton, one
of the principal witnesses. made the
following statement while on the
stand:
1.-The railroads allow cars loaded
with cattle to accumulate over night
in Argentine This causes the con-
ditions to become congested and
these cars are in the way of those
which arrive in the morning. If the
roads would bring those cars which
yards and unload them. then the
great element and cause for delay
would be eliminated. The tracks in
the yards would be reasonably clear
for settings"
The charges made by the shippers
and commission men were generally
denied by D. S. Farley. superintendent
and agent in Kansas City for the
Santa Fe company MI farley
stated that there were no delays of
cattle traffic but which were caused
by other things than the handling OF
the cars directly He attributed
much of the alleged delay to the fact
that the yards at the present time
have not the faculties 1or hanohns
the business which comes to them.
He admitted that there had been more
delay in the past years than was
necessary, but said that all OF that
had been done away with and that the
railroad company was just as anxious
-, in and nnl0AdPd
were the shippers and commission
men Further he promised to do all
in his power to improve conditions
about the yards in Argentine, but
warned both the COMMISSION men ana
the shippers there could be no great
benefit until the yards company would
improve it's facilities for handling the
cars and the cattle He said:
''They have but one track in the
wards that can accommodate forty
six cars thirty-six feet in length. The
other tracks are for a train of twenty
one cars of the short length The
santa Fe is using forty-foot cars We
have not the room to work"
Following Mr. Farley, Eugene
Rust. manager of the stock yards
company. told the railroad commits
sioners that it was the purpose of the
company to make the necessary i'm
provements and that plans were al
ready made and acted upon He told
of the dixie which would be con
structed by the company along the
banks of the Kaw as soon as the war
department gave the company per-
mission to go ahead and establish the
shore line.
Mr.. Rust said that the present ex
change building would be abandoned
in the near future and that section of
the yards would be given over to pens
and railway tracks. Mr.. Rust stated
that he knew of no unnecessary delay
on the part of the railroads.
Hopkins Makes Gain.
fioIA Ar,r-i o. -