Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-10-06

FOR UNIFORMITY OF LAWS
Comparison of Statutes Of. Various
States Slows There Illus Been
Much Improvement.

Los Angeles, Oct. 6.-Thc members
of the saving banks section of the
American Bunkers' association listened
todayto the report of their committee.
appointed at Chicago last year to en-
compass the defeat of postal savings
in the bank legislation. The committee
of which Lucius Tcter is chairman, adj
mittcd that while Its efforts we're not
entirely successful it had had "a great
deal to do with bringing about favor
able conditions in the existing. laws
Some of the evil effects of the post
al savings bank system" had been fore
stalled, the committee. said.
1t reports that it had spent .S3,151.14
since last years convention In this
work. practically all of which was for
Ing members of this committee are:
Myron L. Herrick. U. r. Morrison. c..
La Rue Munson, Charles +. Spraguc,
! P. Leroy HARDWOOD and William Han
mart. The report follows in part:
THE REPORT.
The report of the executive committee
Of the savings bank section of the
American Bankers association, made
today at the convention. OF the associa-
ton here, reviewed the work of the
year and made various recommcnda-
lions.
The committee reported that ut It's
Atlantic City meeting in May there
was an extended discussion upon the
matter of segregation of savings depos-
It's, and It was voted that the matter
be referred to the executive council
with the request that committee be
appointed to consider the matter to re-
port at the convention at Los Angeles.
The matter was taken up at the meet
Ing OF the council. but no decision was
reached at the time. The report con-
tinued:
"The third meeting OF the committee
inst. So. E5
I'm accordance with the votes OF the
committee appropriations were. asked
for the executive council, and one Of
$500 and one of $4,000 Unstead Of
5$3,5O0) were granted. The finances of
the section and the uses, to which
these appropriations vert put Will
be fully reported to you by your seq
Rotary, whose accounts have been duly
audited by Mr.. Latimer as. voted.
f"Your attentionfis specially called to
Z the conscientious activities of your
committees, reports OF which will be
made to You In due course. The at
tendance at committee meetings has
been large and enthusiastic, and eX-
cellent results have been. accom plished
by them, special recognition being due
to the postal savings bank committee
and the savings bank law committee
because of the extraordinary labors
put upon them during the past year.
The work Of the first named conf
mittee was of the highest order, and
the enactment into law of a postal saw
ings bank bill was not from any failure
on your committees part In placing
before the public the economic and
business facts affecting the proposed
legislation.
"The work of the savings bank law
committee looking toward a greater
uniformity OF laws governing savings
deposits, speaks for itself In the re-
markably complete and clear COMPARE
son Of the laws Of the various states
governing such deposits complied by
them under the admirable direction of
its chairman.
ut is but proper that there should
be embodied in this report some
special notice of the labors and activi-
ties OF the secretary of the section. He
has been untiring in his devotion to
and interest in its activities. and the
section owes no little of its present
success to his untiring industry in
Its behalf"
The report was signed by Alfred u.
Aiken, chairman of the committee.