Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-06-17
VIRGINIA BANKERS TO
MEET AT OLD POINT
Twcnty.Fourth Annual Convention
Will Open on Thursday
Morning.
RICHMOND MEN on PROGRAM

w. Meade Addison Expected To Sue
coed T.. B. Spencer, OF Roanoke, as
observation-disclosures in Election of
New Secretary.
The deliberations Of the Virginia
Bankers Association, which will hold
IT'S twenty fourth annual convention
in the Chamhcrlin Hotel, at Old Point
Comfort the three days starting Thurs
dav morning at 10 o'clock arc cN-
pccted to be Of unusual interest and
of especial value TO members of the
banking fraternity because OF the eN-
traordinary conditions existing in
financial circles since the United States
has entered the world war and is now
floating its first war loan.
Indications point TO a record-brcak-
ing attendance at the convention
First, because Of tho nature of the
business TO be transacted and the mat
ters 20 he discussed. and, secondly.
because the territory adjacent to old
Point is extremely active at this time
in preparation for war work. ihcse
two factors are expected to attracl
one OF the largest gatherings of any
convention of tho association in recent
years
HAS GROWN RAPIDLY IN
MEMBERS AND INFLUENCE
The Virginia Bankers Association
Is composed OF 3eS banks out of a
total Of 4Sl banking institutions. in
the state and during the past year
has increased its membership by the
addition OF twenty-sevcn new mem
bcrs. In recent years it has grown
rapidly in usefulness to members and
in numerical strength.
Several prominent speakers have
been secured for the annual meeting
Of the bankers. and there is consider
able business OF Importance to be
transacted. The business meetings,
however. will be held in the morn
ings. with special entertainment fca-
lures arranged for the afternoons and
evenings. Tho annual banquet will
be held Friday night. and is expected
TO be ono of the most important gath
crinGs Of the entire meeting.
Much interest has becn centcrcG by
members of the association over the
election of a successor to Walker
Scott. Of Richmond. as secretary Of
the organization. Mr.. Scott, who is
vice president OF the Virginia Trust
Company, has served as secretary of
the association since 1911, but has de-
clined to stand for reelection this
year. Another election of Importance
will be that of vice president.
ADDISON TO SUCCEED
SPENCER As PRESIDENT
w. Meade Addison. vice president and
cashier Of the First National Bank,
who is vice president OF the associa-
ton, will succeed President L. T.
Spencer. of Roanoke. II is the es-
tabltshed custom of the bankers to
promote the vicc-prcsident TO the
presidency every year, and for that rea-
son the bankers are showing consid-
cradle interest as TO who will be the
next officer.
Ex-Governor +. c. Stokes. of Trcn-
ton, y. j.. and DR.. Douglas :. Freeman.
OF Richmond, will be the principal
speakers ut the annual banquet. The
daily sessions of the association will
be held in the ballroom OF the Cham
berlin Hotel starting promptly at 10
o'clock
Secretary Scott announced the fol-
lowing program for the convention
last night:
The convention will be opened with
prayer by Rev. Charles Friend pastor
Of the Hampton Presbyterian Church.
|, after which committees will be ap-
pointed, and President +. Il. Spencer
will make his annual address He will
be followed by reports from Walker
Scott, secretary. and w. +. Augustine,
treasurer. the committees and group
officers.
SEVERAL RICHMOND MEN
HAVE PLACE on PROGRAM
John Stcwsr7 BPyan, president Of
the News Leader Company. will adj
dress the meeting on The Bankers
Interest in Efficient Government" and
Will be followed by Neil u. Sins, for
mer president of the National ASsocia-
ton of Life Underwriters, of this city,
who will take for his subject Life
Insurance as BASIS of credit" I'm
mediat"ly after tho adjournment mem
bers OF the American Bankers Asso-
citation present viii meet to elect
vice president for that association in
Virginia, and member and an alter
nate member 70 The general nominating
committee Of the next national CON
Vention.
Following this meeting representa-
ives Of the national bank members of
the American Bankers Association
present viii elect vice president OF
The national bank section OF the assoc
citation. and similar action viii he
taken by the trust company members
in attendance at the meeting
Officers viii be nominated at Fri
days meeting. when addresses viii he
OF the Norfolk and Western Railway
Carl Nrooman. Assistant Secretary Of
HR III 100, ~ C0YEzyI
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