The Washington herald., 1922-08-14
COMMITTEE NAMED
BY M'ADAMS FOR
ABA. CELEBRATION
Irving National Bank
Head in Charge of Plans
For 50th Anniversary.

NEW YORK. Aug. 1s.-An out
standing committee Of bankers and
men of affairs to make preliminary
plans for the celebration of the
hftieth anniversary of the Ameri-
can Bankers Association has been
appointed by Thomas B. McAdams,
president OF the association. 1t was
announced here today by Executive
Manager F. N. Shepherd.
Pierson Heads List.
Lewis E. Pierson, chairman of
the board. Irving National Bank.
New York City, heads the commit
tee and the membership includes
Myron T, Herrick. American Am
bassador to France; Walker Hill,
executive manager. First National
Bank, st. Louis. Mo-; George M.
Reynolds, chairman of the board,
Continental and Commercial Ma
tional Bank. Chicago; Logan C.
Murray. commercial executive, Har-
riman National Bank. New York:
Lyman ]. Gage, Secretary of the
Treasury under President McKin-
ley. Point Iona, Cal. and F. F.
swinney. president. First National
Bank. Kansas City, Mo. All of the
men are former presidents of the
association and Logan C. Murray
was also one of the original or
ganizers.
The first meeting of the nftieth
anniversary committee will be
called during the convention of the
association. which will take plac.
IN New york October as. and will
bring tosether from all parts of the
country bankers who have been
Identified with the history of She
organization since its formation in
1875.
Seventeen representative bankers
met at Barnum's Hotel. in New
York City. May "a. 1875. at the re-
quest of James T. Howenstein, of
the Valley National Bank of st,
Louis. After short deliberation a
call was prepared for the first con-
vention of the American Bankers
Association at Saratoga. 1t was
held July 30 to 22, 1875, and a COM
mittee of nine was appointed to
draft a constitution and bylaws.
About 300 bankers attended this
first convention. Organization wns
completed the following year ana
the new mutual benefit association
which now has membership OF
approximately $4,000. was success
fully launched.
Second Convention.
At the second convention. which
was held in Philadelphia in 1875,
the aim of the association was def.
nitely formulated as being to pro
mote the general welfare and U.s.
fulness of banks and banking in
stitutions, and to secure uniformity
of action, together with the practi-
cal benefits to be derived from per-
sonal acquaintance and from the
discussion of subjects Of impor-
tance to the banking and CONNER
cial interests of the country. and
especially to secure the proper con-
sideration of questions regarding
the commercial and financial
usages. customs and laws which
affect the banking interests of the
entire country" The words "and
for protection against loss by
crime" were added to the foregoing
at a later date.
The following were the seventeen
bankers who fostered the idea of
an american BANKERS ASSOCIATION:
James T. Howenstein. of. the Valley
National Bank, st. Louis; George F.
Baker, cashier. First National Bank
of New York City; Arthur w.
Sherman. cashier. Dry Goods Bank;
Edward Skill, cashier. Central Ma
tional Bank: Edward H. Perkins,
jr., cashier. Importers and Traders
National Bank: George w. Perkins,
cashier. Hanover National Bank;
John NJ. Crane, cashier. National
Shoe and Leather Bank: John s.
Hamburger. cashier of the Manhat-
tan Company Bank. all of New
York: Charles E. Upton, cashier,
City Bank. Rochester. N. Y: John
8. Leake, cashier, First National
Bank, Saratoga Springs; Amos P.
Palmer, cashier, Albany City Ma
tional Bank; Royal B. Conant.
cashier. Eliot National Bank of
Boston: Morton McMichael. jr..
cashier, First National Bank OF
Philadelphia: John d. Scully, CASH
ier. First National Bank OF Pitts
burgh; Joshua w. Lockwood, CASH
ier. National Bank OF Virginia:
Logan c. Murray. cashier. Kentucky
National Bank: Charles c. Cadman,