The Omaha morning bee. [volume] (Omaha [Neb.]) 1922-1927, 1922-09-28
Head
ofBankers
Dawson Man Unanimously
Elected President Of State
Association at Meet
ing Here.
Randall Receives Praise


lions ever held By ths Nebraska
Bankers association, TO quote thos,
who attended came 10 AN end with
parties a. theaters and q dance NJ
the Brnndels restaurants last night
More than 900 ont.of.town bankers
and their wives we're registered NJ
the convention headquarters in Ho
tel Blackstone.
Dan J. Riley Of Dawson, Neb.. was
elected president OF the association
by unanimous vote. Memeb.rs VI the
executive council were elected az
follows: George Woods, representing
Lincoln; James NJ. Donnelly, repre-.
senting omaha, Dan Stevens OF Ere.
mont, representing group two; J, b..
Gibson Of Norfolk and Walter Rod.
man OF Kimball, representatives at
large.
During The s. a large group Of
state bankers met, with Henry Catron
OF Nebraska city presiding. and pass'
ed a resolution urging that the state
guaranty fund be kept up TO its fun
legal standard and that they are ready
10 stand assessments when neces.
sary. ....
Praise for Randall.
Mr.. Riley. president elect, in &C
ccptlng his office. paid high tribute
TO Charles NJ. Randall OF Randolph.
whom he succeeded, declaring he
would endeavor to equal the retir.
ing presidents record for efficient
service, but that he could never
hope to excel IL. ...H
George II. Gutru Of Newman Grove,
was elected TO the national executive
council OF the American Bankers as
sociation, succeeding j. r. Coad OF
Omaha. j, X. Cain, jr., OF Omaha,
vice president OF the Peters National
bank, was elected vice president Of
the Nebraska chapter TO succeed
Charles a. Smith Of Tilden. J. G.
Smith OF Sidney was made a member
Of the nominating committee, with
Dan Morris of Kearney as alternate. :.
Reed Peters OF the Peters Trust
company was elected vice presidents
of the trust company division; l.. p.
oasewalk, Norfolk, vice president OF
The savings bank division; John j..
Kennedy. Omaha, vice president OF
he national bank division, and Arthur |
Jensen OF Minden vice president OF (
he state bank division.
Taxation Report.
G. T.. Burnham OF Norfolk, reported .
or the taxation committee OF the state
association that necessary suits TO
establish the position maintained by
,anks that bank stock is assessed for
axation in a discriminatory manner
8 compared to other moneys and cred
is are now ready to be fled He
attributed the delay in fling the suits
q the inability to determine the
mount Of assessment Of bank stocks
nd intangible properties until they
we're compiled by the tax commission
r. A. test suit will be filed In federal
ourt in behalf Of a national bank
rst, Mr.. Burnham said. If success
ul other suits will follow. ~
Among the resolutions which were
assed unanimously by the associa-
ion yesterday is one protesting
assage OF the McFadden bill now
erding in congress. which, reads the
"is an endeavor 10 fortify ]
he erroneous Interpretation Of the
anking act"
System Opposed.
..,t,,,. ,,a.nI,t{o,, .,,,,.,eau ,ba int I
ampt OF the comptroller OF currency
} fasten on the United States the
ranch banking system OF Canada or
ny othea branch banking system, as
e seems endeavoring to do" II con.
nues By expressing faith In the in.
cpendent banking system Of tho
nited States as now contemplated by \
lw and (which has stood the test
ir so years !
other resolutions extend thanks "a
le Nebraska agency OF the War Z
nance corporation and member ~
$ committee and to Nelson u, Lp. q
he of Omaha, who was appointed ID q
lember of the Corn Belt advisory :
and who has freely given I
i counsel aud advice AT all times ,
he thanks ~ Nebraska bankers are !.
stenjed TO Mr. updiko for his very \
and earnest EFFORTS on behalf :
the best interests Of the middle
rst n
Members u The nominating eunmit d
q were Il q Hruwpsli. schuyler 7
,slfmam H. " aaFhart, y Ne b
ish charles q Hart u * rraniz.
= noontY Ahi " n Mefsmala