The Hattiesburg news. (Hattiesburg, Miss.) 1908-1917, 1915-05-25
MISSISSIPPI BANKS
CONFORMING TO LAW
HATTIESBURG's EXAMINERS SEC
OND ROUND SHOWS GRAFT
FLYING RESULTS.


Every state bank in Mississippi, 2S1
OF them, has complied with the law
requiring guarantee of deposits, and
have been given certificates to that
effect by the state bank commission
ers.
This is the announcement made by
j. S. Love of Hattiesburg, member
| OF the board, for the second, or south
ern district, who today is in the south
| eastern part of the state in the inter
est of his candidacy for reelection.
| Mr.. Love left Hattiesburg Friday
| night after having just completed the
| last examination of tie second round
is in itself reminiscent of the area of
| the play. Cameo Kirby is present
ed by Jessie L. Lasky through a spe-
cial arrangement with The Liebler Co.
which he has made of his district
since assuming the duties of his posi-
ton.
| Mr.. Love has just completed the
round of the First District banks, I'M
| der the exchange system which he
and his colleagues adopted at the
| start land was gratified to be able to
| state that every bank is now under
| the guarantee of deposits provisions
! of the statute, or will be by the end
of the present month, which period is
within the days of grace allowed I'M
| der the state law to either get under
out" That there will be no occasion
or case for the application OF the
alternative in any of the three dis
tricts is practically assured.
About June ] the examiners will
start the third round of examinations,
and each will shit back to his own
district, and for another six months
period these financial overseers of the
state of Mississippi will be kept busy
down the line.
All three of these officials are candi-
dates to succeed themselves and are
already before the people of their dis
tricts, but, as it happens, Mr.. Love is
the only one of the three who is said
to have an opposition candidate out
against him. While Mr.. Love will not
neglect or ignore his duties and re
sponsibilities in order to build up his
political prospects, he will do as much
campaigning as possible while on the
wing during June and July.
There are those who contend, both
bankers and people generally, that
in view of the splendid work done by
the entire board of examiners il
, strengthening and solidifying the bust
ness of banking in the state by al
, intelligent and conservative applica
: ton of the law governing methods
long credits and other details, it would
l seem logical that each of them shOulC
: receive the popular Endorsement ant
i. be elected without opposition.
5 Mr.. Love, accompanied ny }. F
Thames, penitenitary trustee for thu
: southern district is in the southeas
t corner of the state in the interest o
:. their respective campaigns.
D E. F. Anderson and S. S. Harris, thu
other two examiners, are winding VI
matters incidental to their last round
Mr.. Anderson having covered TIL
northern district, while MIR. Harrl
; went the rounds of the southern
They are watching the gradual deVel
opment of the guaranty system an
are much gratified at the early result
and the large degree of confidenc
which the enforcement has inspire
throughout business circles.