Milford chronicle., 1923-08-03
MEDILL RESIGNS AS
BANK COMMISSIONER
Efficient Official Had Just Beer
ReappOinted For Another Term
By Governor Denney.
HORSEY SUCCEEDS TO OFFICE
Dover Young Man Has Had Expert
ence In Banking, And Should
Make A Good Official

George L. Medill, of Newark, who
for the past four years has been Bank.
ing Commissioner of the State of Del
aware, this week rendered his resigna-
tiOn to Governor Denney to take effect
August 1st. Mr.. Medill has accepted
the position of Vice-President of the
Farmers Bank in Wilmington, and as
sumed his new duties on Wednesday.
The retiring Bank Commissioner was
appointed by Governor John G. Town
send on July 18th, 1919; he being the
first Bank Commissioner under the
new banking laws then put into effect.
Prior to that time all banking super
vision was handled by the Insurance
Commissioner. Mr.. Medill's term ex-
pired July 18th, and he was immedi-
ately re-appointed for another term.
While in Office Mr.. Medill was an ac-
tive worker for the betterment of
banking conditions in the Diamond
State, and during the last session of
the legislature he was instrumental in
having many progressive banking
laws enacted. During his tenure of
office there has not been one bank
failure in Delaware. The banking
laws have been compiled and put into
book form by Mr.. Medill.
Harold HOrsey Appointed
Governor Denney on Monday an
nounced the appointment of Harold
w. Horsey, of Dover, to be Bank Com
to succeed George L. Me-
dill, resigned. The new bank commits
siOner is 20 years of age and has al
ways lived in Delaware. He was born
at Laurel, but at an early age moved
to Dover with his parents. He is
graduate of the Dover High School,
Delaware College and took a special
course in banking at Columbia Uni
versity. He served as an examiner
and clerk under Mr.. Medill when the
office was first opened; but in 1922 he
to accept a position with
Laird and Company, of Wilmington, in
heir bond department. He married |
Miss Phyllis Ridgley, daughter of
Henry Ridgley of Dover, about two
7ears ago. He is a son of Elmer Hor-
jey, who heads the First National
Bank in Dover.
Before relinquishing his Office of
Banking Commissioner George Me-
ill sent the following letter to the
,anks throughout the State:
To the Bankers of Delaware:-
In retiring from the Office of State
Bank Commissioner of Delaware, I
wish to express my great apprecia-
ton of the fine spirit of cO-opera-
ton and sincere support and un-
questioned loyalty that the bankers,
both State and National, have shown
to this department. Furthermore,
I would express by profound per-
sonal appreciation Of the uniformly
considerate attitude towards myself
and officially. My rela-
ons with the bankers have been
intimate and delicate and it has
been my endeavor to be fair and
considerate in aiding to solve some
Of the problems that the bankers of
The State have had to solve during
The last four years. This period has
not been lacking in its trying prob
ems. I relinquish my duties with
4 feeling of great confidence in the Z
banks of Delaware and an assur- \
ance of the great service that they
Ire rendering to the people of the
State. \
Please accept my sincere wishes .
or your continued prosperity and !
lsefulness.
Yours sincerely, g
GEO. L. MEDILL. 7