El Paso herald. (El Paso, Tex.) 1901-1931, 1913-05-06

a small and secluded corner in our
field Of operations
The Real Work.
''The real work of Credit Mems asso-
Citations, OF our Credit Mems associa-
ton. is constructive: The upbuilding
of our city; the agitation for the
enactment Of beneficent laws; the
safeguarding Of commercial institu-
tions: the true extension Of our
trade territory by carefully scrutiniz-
ing and selecting our credits; the
protection Of the honest debtor and
the prosecution Of the fraudulent
one.
I'VE are helping to put FL Paso on
the map and I want you all to remem-
Der that we cannot have q greater
FL PasO. we cannot be the great job
bling center that just as sure as I am
standing here, we viii be, without a
live and progressive association OF
Credit Men. or some other like insti-
tuition"
Eugene L. Harris said that the bogus
check bill, passed by the last legisla-
ture was one in which Credit Men
Were especially interested and one
which he believed would be Of benefit.
He said the false statement bill de-
signed TO prevent men from Issuing
false statements to obtain credit
thereon. had failed OF passage in the
house after it had been passed by the
senate. He urged the Credit Men 20
inform their representatives before
they went back to Austin. in what leg
islation they were interested. This. he
said. would tend to work for the bet
terment Of both
Mcdonald Makes HIT.
g. c. Mcdonald made the hit OF the
evening with his ready wit and ap-
pealing humOr. He said in part: Il
had got il into my head that this was
to be a meeting OF my old pals going
through the world on credits, and
- Aanah~a q
all the bad debts that We had beat
them out Of.
Imagine then. how sadly mistaken
] was when I came and found that
it was quite the opposite. One even
called attention 20 a dead beat on his
way here from Denver. Ny idea OF a
credit association would be getting out
and selling goods and paying less at
tention to collections.
"The first school I taught was in
Texas between Van Zandt county and
the insane asylum at Terrell. I got
$50 a month and I had a friend VINO
carried the rural mail route and he
made $50 a month. We decided to go
into the grocery business and pooled
our earnings with the intention OF
further adding what we could save
from our magnificent monthly salaries.
At the end of three months 1 decided
to get out by allowing my partner
to take care OF the creditors.
But, everything in this world has
some good to it If we didn't have
death the undertakers could not send
their wives to Europe to spend their
summer vacations.
$50 there is something good about
a dead beat too. He never quarrels
about the price or the quality OF the
goods, and If you ask him for the
money he always treats you nicely and
says he will have il Saturday. Oh
can look over your books and see
where il is all coming in on Saturday.
If you do not desist in your methods
we are going to see that fellow BAN
ished from El PasO."
Defends bankruptcy Court.
F. c. Kollenberg argued that the
bankruptcy court was not bad thing,
and that If a man had been discharged
from bankruptcy, that did not, as many
suppose, give him a clean bill be
could still be sued BY those who had
claims even after they had consented
to his discharge, if they could snow
he had made a false statement"
L. S. stewart urged better attend
ance Of directors at their meetings and
urged that the handling OF bankruptcy
cases outside Of the bankruptcy court
as it was less expensive and surer OF
giving returns.
Those present were: J. A Krakauer
J. a Wright. J. A Dick, u. 5. Stewart
Claiborne Adams. c. c. Mcdonald, G.
II. Finley, G. B. Stevens. G. X. LOOMS,
NJ Goldoft. A. 4 Nicholson, Eugene
l. Harris, c. F. Ederle, B. NJ. G. WIZ
liams. w. H. Shelton, G. P. Putnam, r.
W. BrOwder, W. II. Loretz. +. G. Knoll
enberg. r. II. Oliver, Herman Andreas,
Hal Christie, Jake Kaufman, 7. J.
Jones. J. Stolaroff, Sam Goodman, Edw.
ID. Iachman Stephen ". Daniels, W. j.
Buie w. II. Wagner, W. v Long, w.
+. O'Brien, E. G. Krupp, A d. Frost