El Paso herald. (El Paso, Tex.) 1901-1931, 1913-05-06
CREDIT MEN MAKE
WRIGHT PRESIDENT.
Wit, Humor and Business
Discussed at Annual Ban
quet of Association.

Wit and humOr were the prevailing
spirits at the annual banquet Of the
FL Paso Association Of Credit Men, held
In the Paso del Norte hotel Monday
night, at which time officers for the
ensuing year were elected. JOS A
Wright was elected president. succeed
ing Julius A krakauer B. NJ G.
Williams was selected vice president
and Herman Andreas. treasurer. while
the directors elected were. J. a Kra-
kauers .. S. Stewart, II. W. Browder.
Jas. A Dick, 6. p Putnam. Geo. b
suggestion Of Q. s. Stewart. Jos. A.
Wright and Julius a. Krakauer were
chosen as the delegates Of the asso-
citation to attend the annual cOnven-
ton Of the national association in
Cincinnati, Ohio. next month
Good Record Of the Year.
julius krakauer. the retiring presi-
dent, made a short speech. He said
In part. "One year ago the directors
were ashamed to present the balance
sheet. Since that time we have de-
creased our debt The association dur
ing the year took care Of IS assign
ments involving settlements Of be-
tween $4,000 and 100000 We now
have nine estates Of $4,000 If these
nine come out we will have paid $780,
600 while the best the average bank
ruptcy proceeding will pay is 10 per
cent and il cost US but 50, 500 total ex-
Pcu6t54 we are members OF the ma
lonal association. That has proved
Of great benefit. One particular bene-
fit Of this national scope has been
shown in the flood district where time
was granted the men who had lost
their stocks in the flood. They Will
pay up instead Of going into bank
ruptcy. want to call your attention
to the campaign against fake eollec-
ton agencies. Most Of US have been
stung by them When you run across
n~na - = .a
We viii be able to eliminate them
Secretary Stephen ". Daniels re-
ported that the association had q mem
bership of A and a deficit Of s1,325.47.
New President Speaks.
Following this. the election OF new
officers occurred and then JOS A.
Wright, the newly elected president
spoke, saying: Il cannot like my
friend mayor Kelly. congratulate my
self on having met and vanQuished a
formidable foe. There is no also ran
in this race" Here James A. Dick
laughed loudest Of those present.
showing he appreciated the point Of
the remark. Mr.. Wright then con-
tinued, saying in part:
Il am deprived Of the melancholy
and pensive enjoyment Of feeling sorry
for somebody else. On the other hand,
perhaps 1t is just as well I thank
you, in all sincerity for your generous
expression OF confidence and good
will. and I shall use every effort TO
prove myself worthy OF the trust you
have imposed upon me.
'I have great faith. may say ire
mendous faith. in FL Paso. A man
cannot live in III Paso and be a pessi-
mist It is a physical impossibility.
He may be one when he comes
here. but our glorious sunshine. our
unparalleled climate. the very ozone
that is pumped into him every minute
OF the day. gives him such an eX
uberant uplift that his pessimism is
soon Internationally put to rout, and
all there is left to ever remind him
Of it is an occasional mild conjecture
as to what the devil allied him before
he came to FL Paso.
"a great many people believe that
Credit Mems associations are formed
for the sole purpose of holding wakes
over the inanimate. and sometimes
odoriferOus remains Of those who have
made themselves dear to us
That such practices are INDUCED
in is a mournful truth, but it
is not all the truth. Our assOcia-
tions do hold wakes and chant
requiems over the dear departed. and
sometimes members even go into deep
mourning. but this, my friends. is but