The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1913-10-24
JOS. |. HUTTON IS
APPOINTED HEAD OF
THE BANKING. DEPT,
COLUMBIAN NAMED BY COVER.
NOR HOOPER AS suPERIN.
TENDENT OF BANKS.
Recognized As One of the AbIest
Bankers In State and Was Noni.
mated by the State Bankers Associ.
ation-Will Reside Here.

Jos. l.. Hutton, president of the Phoe
nix National Bank, was today appoint
CD by Cow Hooper to be superintend-
ent of the Banks of Tennessee. Mr..
Hutton has accepted the place and
will assume his duties on Jan. when
the new law goes into operation.
Mr.. Hutton was one of the list
nominated Tor appointment by the
State Bankers Association. Gov.
Hooper first appointed Mr. Fisher. Of
Morristown, one of the nominees, but
recently Mr.. Fisher indicated that
he could not accept and thereupon
the position was rendered Mr.. Hut
ton. After mature consideration and
a personal conference with the gov
ernor and consultation with the d.
rectors of the Phoenix National Bank,
Mr. Hutton this morning indicated to
the governor that he would accept.
The new Office was created by the
last legislature. The term is for four
years and is one OF the most respon.
sible positions in the scheme of stat
government. 1t will be the duty of
the. new superintendent to organic
the state banking department. He
will be the general supervisor o. tho
system and will have under hin. five
examiners and a clerical force.
Mr.. Hutton will remain a residen
of Columbia. His Office and headquar-
ters of course will be at the state
capitol, but he will reside here. His
duties will call him to all parts of the
state and with the admirable local
train service at Columbia he can be
with his family as much by living
here as he could were he a resident
of Nashville.
While the directors of the Phoenix
National Bank were Of course reluc-
tant to give UP the valuable services
of Mr.. Hutton they finally consented
that he accept the place. They were
exceedingly kind in their expressions
of confidence and esteem.
The Acceptance of the place will re-
ally be personal sacrifice for Mr.
Hutton. Under the law he can have
no connection with any bank in the
state. He will before JAM l dispose
of all his bank holdings and bank
connections in every bank in which he
is interested.
| Mr.. Hutton was moved to accept
the place from patriotic motives. He
believes that he can do real SER
vice to the state and having been
nominated by the state bankers he
did not feel that he could in good
faith decline the place.
Mr.. Hutton is about fifty years of
age, married and has one child For
eighteen years he has been a resident
of Columbia, and was the organizer
of the old Phoenix Bank, state insti.
tuition. He afterwards assisted in the
organization of the Phoenix National
Bank. He is interested in banks at
Chattanooga, at Shelbyville and other
places. He has been prominent for
twenty years in the state bankers as
sociaticn; has served as its president,
also as vice president of the Ameri-
can Bankers Association and is now
a member of the executive council
of that association. He is also large
ly interested in farming and real es-
tate in Maury county. He is an in
dependent democrat and twice sup
ported Hooper He is also a member
of the county high school board