The Birmingham age-herald., 1915-06-19
DEPOS|TORS PLEDGE
 COOPERATION WITH
 JACKS0N'S EFFORT
Meeting of Savings Deposi- tors of Jefferson Bank Held Last Night-Over
 800 Men Present

At a thoroughly harmonious meet ing last night of the savings depos- itors of the Jefferson County Savings bank resolutions were adopted pledg- ing cooperation and assistance to A. E. Jackson of Decatur and his asso- ciates. who propose to reorganize the bank and to pay depositors in full.
 The object was to assure these cap italists that the depositors would be their friends and that they would not make a rush to draw out their de- posits at the first opportunity.
 Fully 800 were present last night and the spirit of the meeting was embraced in the following resolution, which was introduced by Richard Fies and unan- imously adopted.
 Be it resolved by the savings de- positors of the Jefferson County Saw ings bank in mass assembled that on the resumption of business of said bank that it is not our purpose or de- sire to withdraw and we will not with draw our deposits from said bank but will continue our banking business with the Jefferson County Savings bank and will by all fair means assist the
 
 bank in every way"
 The report of the. special committes of savings depositors was submitted as follows
 Your committee is happy to report that with conservative and sensible action on the part of the depositors the reopening and resumption of business of the Jeffer- son County Savings bank appears to be only matter of few days.
 The purpose of this meeting is to give assurance to MT. A. F. Jackson and his associates that we intend to cooperate with them; and in every way assist them In the resumption of the business of the Jefferson County Savings bank, not only by continuing our own business with the bank, but to become living boosters of their institution.
 we have been shown every courtesy by MT. Walker state superintendent of banks. and others. and we are made to believe that it is only matter of a short time until the bank will be reor- ganized and reopened for business; and that the savings depositors as well as other depositors will be paid in full But indeed we would have you know that it would be no inducement to MT. Jackson and associates to come to our city and invest their good money unless we give them definite assurance that we will not rush Ike mad men to draw our deposits from the bank.
 "No one can fail to see that we are morally bound not only to continue our own business with this bank but to give them every effort toward building up and maintaining a volume of business that will exceed their fondest anticipation.
 Various and sundry runors have been current and many unpleasant things said, but since We are not her tonight to en- gage in such things we want every one to banish the word failure from your vo- cabulary and let us become real living boosters of success"
 s. L. Sinnott presided last night and the principal talk was made by Alex D. Walker. state superintendent of banks. MT. Walkers words were very encourage ing to the depositors, and he was cheered time after time as he proceeded with his speech.
 John w. O'Neill, representing 10 per cent of the total savings deposits. intro duced a resolution which was enthus- astically adopted. which upheld the man. ner in which the state superintendent of banks has conducted the Jefferson County Savings bank affairs and expressing con fidence that Superintendent Walker would continue to do all in his power to con serve the interests of the depositors