The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1911-05-18
0UUUT Z
LISTEN TO A TALK
ON CURRENCYPLAN
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Bankers Come From
Surrounding Counties
for Annual Meeting.
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LARGE ON SYSTEM
Sioux City Banker Gives
Splendid Detail on the Al
drieh System.

The annual meeting OF. Group 1
of the South Dakota Bankers Asso
citation was held in this city Wednes
day evening with an attendance O
twenty-five from outside the city
the session being held in the Elk.
club DON
The address of welcome was de
livered by o. l.. Branson, president
of the hirst National bank. In hi.
talk Mr.. Branson emphasized sons
suggestions to the younger men in
the banking business, and offered
them some timely advice concerning
certain features of the business, and
it was received in a sincere manner
by them. Mr.. Branson assured tn:
visitors that they were welcome al
all times to come to Mitchell. The
response was made by A. G. Hill, OF
Chamberlain, whose talk was brief
but contained some nice things for
the city and the bankers.
President Soper spoke briefly on
his report for the year, and suggest
ed that there be less of the social and
more of the business worked into the
meetings in the future.
Secretary Cone reported that the
membership reached the number of
forty, with plenty of room for more
bankers to come in.
The only paper present during the
afternoon was that by J.. w. Bryant,
of Ethan, concerning the side lines
of banking. These he said referred
to the insurance, real estate and 9TH
,er things which are included in the
business OF many banks, and which
he thought should not occupy. too
much of the attention OF the bank
.ers, as it would work to the detri-
ment of the real banking business.
The following officers were elected
for the ensuing year:
President, Ludwig Loevinger, pres
ident Aurora County bank, White
Lake.
vice-President, R. j. Harrison,
cashier Citizens State bank, Lane.
Secretary-Treasurer, J.. j. Lahey,
cashier Mitchell National bank.
Executive Committee, Aurora
County, E. j. Morris, cashier Com
'mercial State hank, Plankinton. Buff
falo County, F. e. Swartout, cashier,
Bank of Buffalo County; Brule
County, v~ice-president Bank Of Cham
berlain; Dawson County, j. w. Bry-
ant, cashier, Ethan State Bank, Eth
an; Hanson County, P. Driscoll, CASH
Ter Emery State Bank, Emery; Ly-
man County, A. L. Freelove, presi-
dent Security State Bank, Kennebec;
Jerauld County, F. G. Wesley, CASH
Ter Washington Springs State Bank;
Sanborn County, H. w. Hauge, as
sistant cashier Merchants Bank,
Woonsocket.
The latter part of the afternoon
was devoted to an auto drive over
the city, which was thoroughly en-
poyed.
The Evening Banquet.
In the evening the bankers gather
ed at Odd Fellows hall for the ban
quet that was rendered the visitors
by the local bankers. Plates were
laid for seventy guests, and while
the refreshments were being served
a fine program of music was furnish
ed by the LaDue orchestra. A ban
quet was served by the ladies of st.
Mary's Guild OF the Episcopal
church, and it was a splendid menu
that was made up for the occasion,
which was served promptly and
without the least delay after the
men were at the tables.
After the inner man had been
abundantly served cigars were pass
ed and then the speaking followed.
Geo. A. Silsby. a former national
bank examiner for South Dakota act
ed in the capacity of POSTMASTER,
and he prefaced the Introduction of
each speaker with some facetious re-
marks that were applicable to the
subject entrusted to him. E. B. So
per. Of Woonsocket, spoke on "The
Impecunious Borrower" and related
some incidents in which this individ-
ual operated on the banker. w. T.
Mcconnell, of the Western National,
touched on "New Birth in Banking"
which referred to his early start in
the banking business at Washington
Springs. Mr.. Mcconnell expressed
his idea Of what the banker should
be In the community In the way OF q
leader, to council and to help. T.
A. Black, vice president Of the Sc
curity National. Of Sioux City. spoke
on 1.-THE Correct Banker" and sug-
gested that aside from being correct
in business there was q further duty
in regard to right living, good habits,
for the banker is scrutinized close
~ by the people who entrust him
with their funds. He also spoke to
the young man in the bank to avoid
f%requenting saloons. and that the
president of the bank should coun-