Corpus Christi caller and daily herald. [volume] (Corpus Christi, Tex.) 1911-1917, 1914-09-05
SECURE 100000
TO HELP FINANCE
THE COTTON CROP
LOCAL BANKERS RETURN FROM
SAN ANTONIO MEETING
Formation OF the San Antonio Currency
Association VIII Az Farmers
hnd Cus.ness Men.

Ioo flrs,h. fl,, president of H.
Corpus christi National uanN yertaf
day afternoon RETURNED frum Fln An
fUulo uhefc up attended session 80
bankers VI south Texas AND aaf.tf,i
in che fornptiun of the CURRENCY Nasn.
,.atlon ~ son Antonio n ahi,h prl
ii.aily an nf tlo national hints of tn0
aecuon of the siaic mold momnnraha
Tho san Anionlu Esu,a hHe va.
fuliowlnR to say oonrerning no uce
association
ncenuso ~ inc formation OF thD caf.
rencY Association os san Antonio D.
hankcfa ~ Southwest Texas fiAsfsl,
win be- added lo tho circulation n thls
section 90 rel,rto tho cotton sltuntDu
Formal noiico of she formation nf thc
San Antonio association VIII bo scrt go
Secretary of tho Treasury WcNdoo ihI
afternoon u b. believed ihai ae .oNn
ns the directors of ine assn. .iilnn olu
Ines upon the collateral and Dommrr
,id papor offered n iho National
nunks conpr,sinH iho nsso NiIun far
sccufiy aud tht acceptance Or tIoe.
securities ro-ommendcd gao tnr rre
nry Department the omof.cuo .n.fel
,y VIII ho authorized
Terrell President
nr Frederick rrfnll nf aan AntInIH
president of the cats national nAn.
wns uhosen president go tnp nsHo. niiDl
pthcr ufficcra elected were Vice pfr.
ideni losvish Aluir ir SAN Auonl
. l.. lirowno. karnes county. secretary
and . n froai IL sHn Antonio treaI
urer Executive committeeman hfr
pr. Frederick Terrell Z Mnir d., For
uinand lIefff j q. FROST .. Is n,r
rcita. o. \ lirOWn ana I0ffih liirs, b.
~ tins Corpus Chrisu National nunk 81
Corpus CHRISTI
ip the executive 4, mmltiee De- vested
me power 90 transact an lnslnyas ln
clndine tho t'ssage ON an socurltit'
fftred
BANKERS are iuhilant a. Che large at
tendance IA the meeting held ln the ''t
Anthony Hotel Yesterday mornlng
liat with one cf two exceptions cyeu
National bank Ia thu saa Anlanla ats
iriei WAS represented Anaen, hank
have pstltioned fof meulcrRnp an,
they. too. viii hc admitted
tanks affiliated with lhc aaoeiallnl
erraent a combined capital of 4e.s50
zoo. ~ this amount ts,t3s.aoo Is elp,
sal ana fg.ios. 500 II aurplna t'nder co.
terms ~ the Aldrieh Vroelnna act th
assocla,ion can lssue currency to az
rxtent ~ l2s per cent or the combine
capital and nplnn Thus tho conn
hiaed circulation can be sS,iSSiea. hH
peom ills amount che outstanding oir
eulailon u tio0oo abo must hr i, iugto
eavine ssislsIs which can be- ISSUE
~ cmcrgency currency.
VIII Help Farmers,
This money Will be pot Into aetua
circulation among the farmers aad bus
mess men ius as soon az ~ sesslhl,
according 10 officials % The assoeia,lo,
n she meantime offices win he estah
ilxied IN san Antonio and the m.,ghiu
cry ~ ihc oreRnlzailsm win Dc pei Int
motion.
Not only bankers nut farmers. JOB
herE and ccnrlfy mere hiDis vii 81
nrkcd 20 co-opcratc.
AZ mce'inv Of enc directors hol
eerssrday Afternoon Plans FOR pergces
sng the erganlgatieh were dlseu4sNl
Ranks aftillaiea With the sssoela,lu
and tho cfsscegs wfo REPRESENTED the,
yesterday mornlne are:
Adams Nntlona lank of ncvlne.
Thompson: f'irs, National Hank
Eldorado. J. A. Whether cas- Nation
BANK OF Corpus chfls,l CLARK reas,
Farmers Nallnnaf Bank u conYAle
! P.isaudIc Merchants National llar
81 htownsysise. 4, O. Fernandez. rir
Maternal raEk q. ntownsyllie. =
owprn'an ~snekmen's Nnfi1nel Ras
~ coiAlla l.. a Ken: tire, Nation
rfth ~ f'sn~f' ~ ,Ioeesp n. Cree,
First National Bank Of llonao. csor.
I" -o"ss; Nernes County Nation