The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1916-04-30
BANKERS WILL AID.
FARMERS IN WORK.
OF DIVERSIF ICATI0N
SAFE" FARMING PROPAGANDA
IS AIDED BY APPROPRIATION
BY THE ALABAMA BANKERS.

Recognition of the work of the
agricultural committee with a
thousand dollar appropriation for
safe farming" propaganda and
the appointments of a committee
to consider better warehousfng
facilities feature the resolutions
unanimously adopted by the Ala
bama Bankers Association this
morning. =.
The resolutions in full follow:
WHEREAS, the first and most
fmDOvaant constructive work of
this association in the recent
past has been that done by its
Committee on Agriculture, and
particularly the work of its Field
Ascent, -
BE TT RESOLVED, THAT such
work be continued under the direc-
ton of similar committee during
the ensuing year, and that the sum
of One Thusand (s1000.00) Dollars be
and is hereby placed at the disposal
of such Agricultural Committee to be
expended during the next twelve
months for the purpose of carrying
on q campaign for safe farming.
RESOLVED FURTHER, THAT we
cordially invite other business organ
izations and corporations to cooper
ate with US in carrying on this cam
paign by experimenting the fund
which is hereby set aside for this
purpose, due account of which will be
given by the committee.
BE 1T FURTHER RESOLVED,
THAT we do and hereby make ac-
Acknowledgement of the valuable ser
vice that has been given to this work
by the newspapers of the state, par
ticularly the weekly press, and that
the special work Of the Weekly Age
Herald of Birmingham, and the
y i. e.
entitled to our commentator.
WHEREAS, an adequate storage
and warehouse system is essential to
the better marketing of the crops of
this state, and
WHEREAS, the lack of such facil-
tiles are generally recognized,
BE 1T RESOLVED, THAT the
President of this Association is here
Continued from Page One.)
by requested to appoint a special
committee of FIVE members to make
a careful study Of the need for fur
Their legislation relating to the subject
Of warehousing commodities, which
committee shall report to the next
convention of this association upon
contemplated favorable legislation to
be presented to the next succeeding
legislature for enactment; and your
committee suggests that the Chair
man of such a committee be given to
Mr. A. H. Baldwin, President of the
First National Bank of Montgomery,
Alabam, whose valuable services in
securing the adoption of the recent
enactment Of the Uniform Warehouse
Receipts Act is hereby recognized,
and whose knowledge of this entire
subject is second to none within our
membership.
WHEREAS, in accordance with in
IT, -
this association. its legislative COM
mtitee secured the passage of a bill
providing for a constitutional election
to repeal Section $50, Article Is, so
as to place all unsecured creditors
on an equal footing in the event Of
the failure of a state Bank, and
WHEREAS, the preference given
in said section has no parallel in the
statutes of any other state, or in the
United States statutes, and has pre-
vened the payment of a just proper
ton of the assets of defunct banks
to manv innocent creditors, tending
thereby to discourage thrift, and is
a menace to the business interests of
the state. therefore
BE IT RESOLVED, THAT the ON
GERS and legislative Committee of
this Association are hereby requested
to use every proper means to create
q
state favorable to the adoption OF
the proposed amendment at the gem
eral election to be held on Novem-
Der 7th. 1915, that this section may
be repealed.
RESOLVED FURTHER, THAT an
Amendment Campaign Committee to
consist of four members, one from
each group. be appointed to carry on
this work. and that the said commit
II "a. H. 49,,
be authorized to expend of the funds
of this association. expenses to an
amount not in excess of Two Hun
dred and Fifty C250.O0) Dollars.
WHEREAS, the Clearing House
Section of the American Bankers AS
ISOLATION in its effort to bring about
uniformity and betterment in clear
| ing house and banking methods has
adopted a plan covering a ''No-Pro-
| test Cash Item in Transit symbol
through the use of which instructions
are conveyed from the first endorsing
| bank through all subsequent hands to
/ the final paying bank, and
WHEREAS, this plan will elimin-
| ate many of the petty claims. troubles
and annoyances connected with the
| handling of 'No-Protest" cash items
and will greatly reduce the amount
| Of labor involved,
THEREFORE,, BE IT RESOLVED
| that this association hereby recon.
mends to its several constituent
members the adoption of this so.
| called ''No-Protest Cash Item ii
| Transit symbol plan, and be it
FURTHER RESOLVED, that W.
| urge our members to cooperate with
the American Bankers Association
| to the end that this plan shall b.
come universal in its scope.
RESOLVED: THAT the bylaws b,
and the same are hereby amended al
follows: BY striking out the first eigh
paragraphs of Sec. and substituting
the following in lieu Thereof:
Sec. s. The Association shall b.
composed of four groups consistiny
of members of the Association divides
geographically as follows:
Group /, See group map attached
Group 2, See group map attached
Group 4, See group map attached
Ground f. See group map attached
RESOLVED: BY unanimous consent
That the Constitution of the Asso
citation is hereby amended as follows
Art 2. BY striking out the word
Eight second vice presidents an
substituting the words -Four Grou