The Washington times., 1910-05-07
COUNCIL
IN SPECIAL MEETING
Vacancies in Official Roster
Filled and Some Important
Resolutions Passed.

A most interesting and successful
meeting Of the executive council Of
the American Bankers Association
held at Atlantic City. n J.. closed
Thursday.
Chairman William Livingstone, pres
ident Of the Dime Savings Bank, De-
JrOit. Mich, presided
Reports from the officers Of the as
sociatiou, the various sections, and
the different committees were read,
zuG ether business Of Importance
transacted The general secretary's
report informed the mem bers Of the
council of a paid membership OF 1O.95o.
The vacancy in the executive cOUn-
ell caused by the removal OF J Fletch-
er Farrell from Missouri 10 Illinois.
was filed by the election Of Charles
H Huttig, president Of the Third Ma
tiOnaI Bank. Of St Louis, NO
L T Peck. cashier OF the First Ma
tiOnaI Bank, Honolulu. Hawaii, was
elected TO iii the vacancy in office OF
vice president for that territory
Jams P Sawyer, president Battery
Park Bank, OF Asheville, n c. was
elected to fill the vacancy In the board
Of vice president for North Carolina
Frederick A. irish, cashier OF the
Fern National Bank, of Fargo, n D,
was elected 10 III the vacancy In the
Office OF vice president for North Dako-
a committee was appointed 70 look
into the matter OF revising the cOnSlltu-
ton. Recommendation viii be SUB
rnitted TO the meeting OF the next an
nuai convention
Plan Money Order System
The committee on express companies
and money orders in making its inter
asrin- report referred TO the matter OF
travellers checks and the success which
has met their efforts from walcn Ihe
membership Of the association has bene-
dted materially. Domestic money or
ders were also referred 10 and it IS be
Heved It viii be feasible 70 successfully
combine the features OF a 1ptnSs-iC
money order with a foreign money OF =
der EivinE the banks the prlFlte6e o.
isszifrls- q piece OF paper Wn-cn VIII De
current not only in the United St@ieS'
but ali parts Of the word anu "----,i
can be issued under ITS own name "A
plan viii be submitted a. a llter ue-NS
bearing on this subject
A special committee, consisting OF
James G. Cannon, vice president OF the
Fourth National Bank, New Aork city
and the general secretary. 70 CeElss a
new form Of credit blanks MADE us re-
mort through its chairman, M Caunsn.
and the new forms VIII be printer IL
the Journal Of the association
4 resolution as follows was dQ0gLe4-
Resolved, That d committee OF nye
he appointed BY the chair troIn SUD
Z treasury cities, 10 confer with Ihe on
/ Gals Of the United States Treasury IN
an endeavOr, -,
ssF-irsf-To devise a more simple meth
I'd whereby customs and internal rev
/ enue payments can be legally ana saLely
made
s.Second-To find some more eConorni-
cal means whereby the banks can .
furnished clean money In place OF IN
clean and r1Ttilated bills
'rThird-TO find more econorlllc4i
method whereby funds can be trans
ferred from one subtreasury 10 an
8 resolution was also offered and
adopted calling for the appointment ol
n committee Of three 10 CONFER WIN
+ anv similar committee that may be ar-
u0inred hv the National ASSOCIATION OF
/ Creditmen, in an endeavOr to prepare a
uIan whereby there can be attained the
/ successful prosecution OF persons max
/ ing false statements Of financial cOndi-
: tiOns-
/ A resolution was offered by the Amer
/ ican Institute Of Banking section rela-
/ tive 10 the. consolidation Of the Amer
/ fcanican Institute OF Banking Bulletin
I with the journal Of the American BanE-
/ ers- Association, which resolution was
/ adopted The resolution calls for the
/ subject matter 10 be referred 10 the IN
/ stftIIte committee in conjunction with
/ the officers OF the association