Omaha daily bee., 1915-10-29
STATE BANK ERS
NAME MURRAY AS
new PRESIDENT
Dunbar Man Elected to Head
Nebraska Association, with Ry-
ons, Coad and Quincy on
Executive Committee.
HoNoRs FOR PAST PRESIDENTS
Gold Brooch Pins are Presented by
Milton c. Barlow During the
Afternoon Session.
MANY ON THE ELIGIBLE LIST

Thomas Murray of Dunbar was
elected president of the Nebraska
Bankers association at the close of
the two days convention in Omaha
yesterday afternoon.
Members of the executive commit
tee elected were w. B. Ryons, Lin
coin; ]. F. Coad, Omaha, and E. R.
Gurney, Fremont.
Delegates-at-large were elected as
follows: ]. H. Kelley, Gothenburg,
and o. e. Engler, Plainview.
Addresses were delivered during
the afternoon by w. B. Harrison,
secretary of the Oklahoma Bankers
association; John ]. Arnold, vice
president, First National bank of
Chicago, and Joseph French John
son, dean of the New York University
School of Commerce.
Past presidents Of the association were
honored during the afternoon session
when handsome gold brooch pins were
presented to them. President Jesse G..
McNish presided over this session, and
Milton Barlow of Omaha presented the
pins. Those honored in order were
Claude c. Adams, Omaha; George w.
Post, now of Los Angeles; S. II. Burn
ham. Lincoln; ]. T. Trenery, Pawnee
City; L. B. Howe, Beatrice; DR.. p. l..
Hall, Lincoln; J. p. A. Black, Hastings;
]. w. Welpton. Ogallala; George N Sey-
mour, Elgin; Frank McGlverin Fremont;
George F. Swayer, Western; J. r. Cain,
Omaha; Jesse c. McNish, Wisner.
c. E Burnham, formerly of Norfolk.
a past vice president. was eligible for a
pin, but had been called to Kansas city,
and could not be present for the cere.
mony.
H. d. Estabrook Of New York and
Willard Scott of Massachusetts, spoke al
the evening banquet.
bank as Estate Executors.
Bankers as executors OF estates Is one
thing the bankers of Nebraska want
W. A. Taylor. vice president Of the F1rs
National bank OF Hastings. advocated
legislation that would make this possibl,
wherever the customer OF bank desires
to name the bank as executor of his
estate.
No doubt lawyers of a certain class
would oppose such legislation" he said
''but believe that most OF them would
be willing to see banks discharging such
trust. Extortionate fees have re
peatedly been allowed for the settle
ment Of estates, and this should b'
stopped. There is no reason why tht
customer should not be allowed to nam'
his banker as executor of his estate, anC
thus insure to the estate and the famil!
the advantage of an institution that hal
perpetual existence, safeguarded by th
laws supervision, and insure the efficien
and safe management of the affairs o
an estate"
John Clay. live stock commission maj
of Chicago with ranch interests II
Wyoming, spoke to the bankers on llv
stock loans. He reviewed his early ex
periences in loaning on live stock, stat
ing that In the early days in Cheyenn
men took one anothers word for tn
number of cattle they had roaming tn
limitless range. and loaned money o
the number OF cattle a man had recorde
In his book.
Never mind, boys, don't feel so bad,
he quoted one ranchman of that day a
saying on the morning of a terrible bliz
zard, when II was thought most of tn
cattle had been frozen. Never minC
boys. don't feel SO bad. The books won
freeze"
NO Big RObberics.
The report Of the protective committe
of the association showed that in tn
Continued on Page Two, Column Two.