Norwich bulletin., 1913-05-29
BANK BILL DEFEATED.
House Rejects Bill Providing for Re-
 mova of Brooklyn institution.
Special to The Bulletin.)

Special to The Bulletin)
 Hartford. May 28.-The first mat ter on the order of the day in the house Wednesday, was an act amending the charter of the Brooklyn Savings bank, which provides removal from Brook lyn to Kil1ingIy, and received favor able and unfavorable report from the committee. MT. Hall, chairman of the committee on banks, spoke in favor of the removal and moved that the report of the majority of the commit tee be accepted and the bill passed allowing the removal of the bank MT Bugbee of Willimantic spoke for the minority report and in opposition to removal A few deposftors appeared before the committee who resided in Danielson and elsewhere and used the bank by reason of its strength. one of the strongest. but not the largest sav- fngs banks in the state. In opposition were a great many depositors and in- cluded the representative from Brook lyn, who knew best the desire of the people in regard to the proposed re- moval. No claim that the Brooklyn bank should be moved for the good of the bank will be made. There are two banks in DanielSon and the off, cers of these are among those who want the change.
 MT. Ryee of West Hartford spoke in favor of the removal, as DanielsoH Is the business center, and there is no savings bank in that town. and there should be one.
 MT. Walker, of Union, was opposed to removal he was glad to learn there was a bank in Brooklyn, and were there one in -forsaken Union he would want it to remain.
 MT. Danieison, of P1ainfield, favored the removal as the bank was far re- moved from it's patrons and is desired by the majority and the officers of bsa o to stay in it's present position the bus mess would be more curtailed than ever and the patrons continue to be incOnveniencPd.
 MT. Hall of Willington read a report of the board of incorporators and trus- tees who desired the change in loca- ton, which would be to the mutual advantage of the bank and its de- positors. Ninety-five per cent. of the business comes from outside the town of Brooklyn. He introduced peti- tion to show the local sentiment that in favor being s4 against and S4 in favor of the removal. Of the 291f de- positors, only 114 have opposed the bank being removed from Brooklyn. John M. Bessette, of Brooklyn, said the residents of the town he repre- sented did not want the bank removed
 and have said so by petition to the committee. No member of the house would consent to the removal of a bank from his home town and he hoped this fact would guide their vote on this bill If moved to Danielson, where banks die, the old Brooklyn bank would probably have to liquidate Tn 1895 the legislature refused to permit the removal of the band and so did the legislature of 1907, and he hoped the legislature would make it three times and out. The bank has made gradual increase year by year, with profit. and paid to depositors four per cent. The claim is made that the majority of the depositors are residents of DanielsOn and surrounding towns, which may be so, and the reason for it Is the sound
 ness of the Brooklyn bank and the closing of the Savings bank in Dan felsOn. MT. Bessette had been inform ed that if the bank was removed that thirty per cent of the deposits would I be withdrawn. The taking away of the 1 bank would be q great loss to the town of Brooklyn and he hoped the bill as reported would be defeated. MT. Bes- sette said it would cost $5000 to effect the removal of the bank and he un- derstood the president of the bank is not enthusiastic in favor of removal. The bank owns the building in Brook lyn and by changing to Danfelson the expenses of the bank would be ma teriarly increased. He said the pro posed change was in a sense a political move and explained that the directors in the bank are the same gentlemen who are officers in a proposed new trust company in Danfelson which was granted incorporation at the present l session of the legislature. MT. Bessette
 asked for the support of his fellow members to do justice fer the little town of Brooklyn and save to it the old and reliable Brooklyn bank
 At the conclusion of MT. Halls re- marks Mir Bessette asked If action had been taken by the ineorporators of the bank. and Mir. Hall simply said year. Then Mir. Bessette arked that they were all dead. Mir Thems asked where the meeting WAS held. The vote was then ordered and resulted in the rejection of the majority report and the rejection of the bill Then Mr. Bessette arose and said: "Gehtlemen,
 I thank yeu: 1 thank yeu