The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1910-04-14
.BANKERSARE HERE
First Annual Convention of
State Association.
Attendance at Meeting Is Unex-
pectedIy Large.
nnT EVMAKEc CDEEOVH
DOLLEY MAKES SPEECH
State Commissioner ODhoIds
Kansas Guaranty Law.
Urges Directors to Take Per.
sOnal Interest in Banks.

The first annual convention of the
Kansas State Bankers association
was held in Topeka this afternoon on
the roof garden of the National hotel.
The attendance was very large, most
of the 200 banks belonging to the or
ganization being represented at the
meeting.
A feature of the meeting was the
address of J. N. Dolley. state bank
commissioner, who spoke from the
subject 1.-The Present Status of the
Guaranty Law and It's Future Pros
pects." The bank commissioner, who
is firm friend of the plan of guar
anty of bank deposits by the state,
talked in an optimistic vein about the
future of the law in spite of its present
bad standing in the federal courts,
weighed down as it is by the Judge
Pollock injunction.
The keynote of the DolIey speech
was his declaration regarding the view
his department takes of bank direc-
tors and officers in their relation to
the management of the affairs of their
bank. He stated that it was the duty
of the directors to take close in
terest in the management of the bank
to which they had loaned their name
and influence and he proposed to hold
them to the letter and spirit of the law
in this regard. He took the view that
bank failures would become almost
unknown if the directors attended
closely to their duty in connection
with their bank. He urged directors
to take an interest in their banks, keep
themselves informed upon the details
of the business. Safe, strong and able
officials made great and safe banks,
according to the bank commissioner,
and he proposed to exert all the in
fuence of his office to bringing about
this state of affairs.
The state bankers only organized
their association last fall. The mem
bers are in favor of bank guaranty.
The meeting today was held for the
purpose of completing the temporary
organization. The bankers had luncheon
at the National and convened on the
roof garden at O'Clock this afternoon.
President c. N Prouty of the Ex-
change bank of Kansas City, Kan, de-
livered the opening address, and Sec
retary F. G. Bergen, of the cashier
hank of Summerfield. made his report.
Besides Mr.. Dolley. the other speak
ers were John E. Wagner of the Citi-
zens' bank of Altoona. William Mac
ferran of the State Savings bank of To-
peka, M. B. Light of the State bank of
Winfield. and Senator Fred Quincy of
the Planters bank of Salina. An adj
dress by John r. MuIvane. of the Bank
of Topeka. closed the afternoon pro-
gram.
New officers were to be elected, but
it was expected that the officers who
were elected at the temporary organi-
zation last fall would serve through the
coming year with but few if any ex-
ceptions. The old officers are:
President, c. N. Prouty, cashier Ex-
change State bank. Kansas City
Vice president, William Macferran,
president State Savings bank, Topeka
Vice president. Geo. w. Robinson,
president Merchs nts' State
bank, Wichita.
Secretary, w. E. Wilson, cashier
Farmers State bank Washington.
Treasurer, F. G. Bergen, cashier Sum-
q 'erfield State bank. Summerfield.