Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-07-25

National Bank will be your bank. You
people down here will own it, body, boots,
and breaches. Your money won't be tied
up in Wall Street loans. 1t will be here,
every cent of it, to help you men in your
own legitimate business. Look at this list
of subscriptions! Do you want anybody
to have an edge on you? One share Of
stock will cost you only hundred dollars,
and you don't have to pay cent till
every share is subscribed for.
"But tell you, Mr.. Brown, time is
getting short. We've turned the corner
long ago, and we're speeding home now.
This fountain pen is getting worn out;
but guess it's still got spunk enough for
you to add your name to the list of owners
of the Abingdon National Bank"
So spoke William M. Madigan, study
ing his arguments as virtuoso studies
Beethoven score, changing his talk at
every call. On Sundays he explored that
part of the north shore of Long Island
which was within committing distance of
Herald Square; for it hadn't taken him
long to find out that many of the most
profitable deals in acreage had been made
in that section. And so it happened that
lists stared to see young man striding
along toward the Hillcove Station. He
was travelling as though he meant to throw
his legs away, and he was singing all six
parts of the Lucia sextet.
A FORTNIGHT later the stockholders
of the Abingdon National Bank held
their first meeting. The charter was ap-
proved, the bylaws were passed, and nomi-
nations for officers were in order.
"Gentlemen,' said Mr.. Simmons, "you
have all made the acquaintance of Mr.
Madigan, and you all know whether he
has impressed you well or otherwise. A
few of us have even gone to the trouble
of looking him up, and l myself Wis
tied his home town to see what the
folks back there had to say about him.
WE'LL l want to tell you he's all right
(Applause.) "For sixteen years he was
assistant to the president of the Milton
National Bank, and everybody there likes
him and respects him. He left the bank
last spring, and made over hundred
thousand dollars in real estate in less
than six months. Then he came to New
York to see what he could do here, and
we've been the first to see him in action.
tell you he can get business, and he can
attend to business, and that's the sort of
man who can make this bank success
l nominate William M. Madigan to be
the first president of the bank he has
created"
Then up rose William M. Madigan to
a volley of applause. Gentlemen he
said, IL thank you very much; but can't
take that Office or any other. came to
New York to go into the real estate bust
ness and l organized this bank to show
l had some life in me. That's all. APP
preciate your compliment very much; but
l beg to be excused
off you want to go into the real estate
business later, that's got nothing to do
with the present, objected Simmons. "A
lot of us have got our minds made up on
this, and you'll upset our plans if you
won't accept the Office. Anyhow, will
you fill the presidency till we can find
somebody else? You know, gentlemen"
he concluded, turning to the stockholders,
"the Office of president requires man
of banking experience and business ability,
and that's q com him tion that lent ca