The Birmingham age-herald., 1911-11-17
EMPLOYES OF LOCAL BANKS ORGANIZE Purpose Is to Study Bank
 ing Principals OFFICERS ELECTED W. P. G. Harding and Raymond B. Cox of Baltimore Make Speeches.
 Otto Mooney Elected
 President
OFFICERS ELECTED

The Birmingham chapter of the
 American Banking institute was per-
 manently organized last evening in the
 Chamber of Commerce auditorium. Its purpose is to promote the spirit of CO.,
 operation among the banking profess sion of the city; personally benefit its
 members through the study of banking principles under the guidance of the
 national head institute and to offer op- portunities for the better qualifications of bank clerks.
 The charter members composed of the presidents, clerks, tellers and all those connected with the banks of the city, participated in the election of of flcers for the ensuing year and adopted the constitution. Raymond B. Cox of Baltimore, president, and A. c. Doris of Nashville, Tenn. secretary of the American Banking institute, were pres- ent to make addresses relative to the work and intent of the chapter. The representatives of the local banks assembled were called to order by Temporary Chairman O. Mooney of
 the Traders National bank. Frank Ste vens of the American Trust and Saw ings bank acted as temporary secre- tary.
 The first address of the evening was
 made by w. P. c. Harding, president of the First National bank, who heart fly indorsed the organization about to be effected. MT. Harding emphasized the fact that the best known and ab- lest bank officials have come up from the ranks of bank clerks and that bankers are rapidly learning to re- gard their business as one on a par with the law, medicine and other of the higher professions bracticed in this country. He remarked that he was then looking into the faces of those
 men who would guide the future finan- cial destinies of Birmingham, whose growth within the next 20 years would be approximately as great as that of the past 25 years. Laying stress on the value of educative equipments for the man in the bank who wishes to be ready for the promotion when 1t comes to him and the advantage of learning to speak their ideas, while on their feet, habit that would he acquired in the chapter meetings, MT. Harding
 closed his very interesting talk with an expression of good wishes for the suc- cess of the chapter
 MT. Cox was presented and spoke from a personal knowledge of the
 phases of banking and broadening of individuality by taking part in the study classes that are to follow a course of instruction prescribed by the banking institute and keep in touch with other chapters by reading the of- ficial publication of the American Banking association. The only dues that will be required by the institute will be one subscription from each m arr1b nf tln 1nf.o a1,o v>ta fA f1~ie | monthly periodical. The lessons. em- brace a series of AS lectures, one for
 each meeting. prepared by the foremost and most authoritative educators on finance and economies in the United States. Certificates will be issued to those completing a certain course of
 study by the institute but the details of the study programme will be left % the-discretion of each chapter.
 A. G. Boris, who was one of the leaders in the Nashville, Tenn, chap ter. followed MT. Cox with a brief account of the experiences of this chapter and urged the young men pres- ent to prepare to take their places in the new financial development of the south.
 The following officers were elected :: Otto Mooney, assistant cashier of the
 Traders National bank, president; R. A.
 l.. Wilkes of the First National bank, vice president; Frank Stevens of the
 American Trust and Savings bank, sec-
 retary; William Moore of the Jeffer-
 son County Savings bank, treasurer.
 The nominations were made from the floor and were of sufficient diversity to
 create an interest in the results. The matter of an executive and other standing committees will be taken up at the next meeting, which will be called by the president.