The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-14
BANKERS PICK
A. P. D|GELON
AS PRESIDENT
Heber City Is Selected as the
Place for Holding the Next
Annual Convention of
the Association.
CONVENTION ADOPTS
GOLD BUTTON EMBLEM
w. w. Ritter of Salt Lake Dis
cusses "How Will the
Panama Canal Affect
Western Business3"

o1eNiai 10 Inc lT1Dune-
r OGAN. July 13.-This was the busy
day Of the bankers convention
Practically all OF the business of
- the convention was done at the
two meetings today. The reports
and recommendations OF committees, tho
election Of officers and all such matters
were taken UP today and IN addition
there were three addresses But every
thing was done by unanimous consent,
and the business was therefore quickly
disposed Of
Heoer City was chosen as the next
place OF meeting and A. P. Bigelow os
ogden was elected president of the or
ganization
The convention went on record for
certain legislative reforms for the pro-
tectlon OF bankers A trip IN automo-
oiies up Logan canyon this morning de-
layed the morning session somewhat
O. D. Kelly a Speaker.
Q. D. Kelly of Salt Lake delivered IN
address upon the American Institute OF
Banking as an Educational Force" He
showed what the institute had dono In
developing a broader citizenship among
bankers and declared that IL had qualified
men to take mold Of large enterprises
A Il. Haywood OF Ogden discussed
some perpleSing problems OF law and
banking. He called attention TO the gem
eral misunderstanding as to demand
loans that prevailed here and thought
that there should bs soma education of
the public as to that matter.
Attacks Post-Dated Checks
There Is an extensive overdraSe IN all
the banks Of the state. he said, and be
thought this should be cut down, but no
rule as to ovordrafts should be made so
inaexible that honest business effort is
discouraged or destroyed. He attacked
post-dated checks most savageIy, charac-
terlzing them as paper bearing tho stamp
OF illegality II not oriminality He made
very caustic reference to the delay char
acter1stic Of our courts, remarkinK that
the man who has q good cnse refuses TO
take II Into court because Of the inev1ta-
BILE and weakening delay. while the man
with no case at al and bent upon per-
petrating fraud is most easer for ntiga-
tion. This sort OF thing. he thought.
had stimulated the demand for the re-
call.
w. w Ritter OF Salt Lake, A. P Bige- I
low, R. E Hogue and james P1ngree. nU
Of Ogden. discussed various phases O
these problems.
Ritter Discusses Canal.
Joseph R. Barrish OF Woods Cross aSed
the convention TO make an appropriation
for the purpose OF entertaining ths edies
who will be in Salt Lake at the neot-
ing or the American Bankers assStation
N August. The committee OH eDsersetn-
nent, be said. desired TO sive as e1c,r-
sion to Emigration canyon ad asked
hat tho ladies so as the suss Of tho
state bankers. His request as unani-
nously agreed to,
AT the afternoon meeting ". W. Ritter
discussed the question, "5'w WIN the
Panama Canal Affect wstern Busi-
,ess?"
Following his address, the presidents
eport was ordered printsd "A resolution
vas passed pledsing the individual
members the support o. The Organisation
n preventing and puushing any criminal
cts committed asaipe 'hem'
sigelow for Presdent.'
The nominating osnnittce reported the
Glowing noninaaans for officers.
President-A J. b'seloW OF Ogden.
First vice pre- lasnt-Ellas A Smith of
Ise Second ans', vso, r.sidesh-y. T. y...-r of
'rovo.
.ogan. n
i. nurton Salt Lake. George B. Green
-ood OF dlmo2 and F. c. Jenson Of
Tn. tslS Ee comnittee submitted
resoJspn hing upon the next issdn-
spas laws preventing derogRtory
- tav Sts fas to the credit or reputation
n6 or corporations. and anoehsr
~ N an ofrense to issue checks or
80 when It L. known thsre In no
&y on aeposit; also anothar giving tos
Eksr the right to pay to tho survfvSRs
yos,,z that are made ha the names oz
70 persons
rha selection OF a place to hon ene
-, oonvention was then taken up, ana
ueber City was the only place extend
9 an invitation 1t was chosen. Brigham
tv having retired from the ne'd-
MI. convention adopted a. an ozFa1
tho rnhIerr a snnah gold nuteun hAR-
1rS~-xav,uaA asa YaSN SNoS