The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1914-12-04
ENTHUSIASTIC SESSION HELD A.
roTEL WINDSOR LAST
NIGHT
President Porter. Of Pittsburgh Asso
citation. Talked on Credits and Col
ieetions"-Man In Attendance.

The December meeting Of the
Wheeling Association Of Credit Men
Was held last evening at the Hotel
windsor. IL was largely attended. and
proved one OF the most beneficial as
wei as interesting sessions in the his
tory OF the organization.
Following an elaborate dinner.
served In the private dining room of
the popular hosiery. three interest
ing papers were read. each touching n
timely subject The papers were lead
by James f. Porter. of Pittsburgh.
Pa; Attorney Clyde F. Amos and A.
singleton PAUL. of this city.
Mr.. Porter. who is president of the
Pittsburgh Association of Credit Men.
a connected with the Ffrth-Steriing
steel Company. and is regarded as one
OF the leading authorities on credits
and collections in the country. His
paper was on the subject. Credits
and Collections" Both items were
eapabiy handled. and the paper brought
out many points Of particular interest
10 members OF the association.
In beginning. Mr.. Porter stated that
credits and collections 20 hand in
hand Defining credit as the exchange
TO another OF n commodity for which
person expects payment later. the
paper reviewed In detail the history
Of credits.
should Establish Credit.
Credit never exercised, is not credit
AZ All. No. Porter declared. He said
MS advice to young men is not to pay
eash. but pay promptly. He said he
impressed upon them the importance
Un L..
credit might be maintained. Credit
Il working capital and should never be
impaired" he said.
The paper discussed statements
made for the purpose OF obtaining
credit such a statement Is a point
Tor the credit man 10 begin with. but
cannot always be taken at it's face
value" the paper read. II added that
the greatest trouble IN not always with
The man who Intentionally Representa-
but IL often with the nan whose meth
DDS OF business are 80 loose as to
prevent his giving accurate informa-
ton. The paper declared that credit
men should have a knowledge OF ac-
counting
The paper discussed assets which
are often included In statements. but
which. according TO Mr.. Porter. are
not always assets. Good will and pat
ent rights were referred 20 at length.
BE careful" be said. I'm selling TO a
company or corporation which has
the fact that good men are behind N
rated as its chief asset. Usually
these good men are so far behind the
company that they never catch up"
The paper referred at considerable
length to collections and methods OF
collecting bills when due. Mr. Porter
recited many experiences OF his com
pany in handling show" customers.
Married Women's Rights.
The second paper OF the evening
was read by Attorney Amos. OF this
city. on the subject. The Rights and
Responsibilities of Married Women in
Business" In beginning. the paper
dealt with early customs and laws in
Rome and England with reference TO
the legal relation OF husband and wife
In recent years" Il continued. va
rious statutory enactments have revo-
lutionized the legal relation OF the
husband and wife. This Is true in
many OF the highly civilized nations.
and especially is II true In England
and America
The paper referred particularly TO
the West Virginia laws governing
married women's rights. IL was a
lengthy and somewhat technical dis
cussion OF the legal phases OF this
question. and though technical was
none the less interesting. The pro-
visions of the statute we're explained
in some detail, and cases covering
several points OF law we're cited
"A married woman may acquire
property in our State from any one
other than her husband" the paper
pointed out. land mold IL as her sepa-
rate estate. even though she pur-
chsses Il on credit and pays for IL
from the profits arising therefrom.
From reading our married woman's
act. the language therein contained
would lead us to believe that a con
veyance direct from the husband TO
the wife would be void and not ere
ate In her a separate estate. but II
seems that the courts have construed
II otherwise" .......
After explaining how a married
woman may come into possession OF
property. the paper discussed how.
according to the law. she may dis
pose Of n. married woman pos
sesses an unqualified power and she
can sell and transfer her separate
personal property as a single woman.
her husband not being required TO
Join her In the act Of distribution. u
declared. But as to her separate real
estate, II r. different. the statute pre-