Smyrna times., 1924-09-10
WALTER w. HYNSON, SMYRNA,
PRESIDENT OF STATE BANKERS
Continued from Page Two

CCHLIOll Ids beeQ uGlu III several cases |
to show want Of reasonable care and
the bank has been held liable.
Mr.. Patton recommended that terms !!
of liability be clearly defined and linn
tied by contract with the box renter
and also advised the taking out of in
surance to protect bank and box rent !
er.
Francis A. Cooch, trust officer of
the Equitable Trust Company, re-
porting for a special committee on a
proposed bill in the Legislature re-
garding establishment of definite fees
for handling trust funds, stated:
"At a meeting of the officers, MEM
bers of the executive and advisory
committee of the Delaware Bankers
Association held at Dover, on Febru-
ary, 20, 1924, in accordance with a
resolution passed at the annual meet
ing Of the Delaware Bankers Asso-
citation at Rehoboth, September 6,
1923,a committee consisting of Thom-
as R. Ingram, Sussex Trust Company
at Lewes; Harry R. Craig, Whining
ton Trust Company; George T. Reed,
Milford Trust Company; George NJ.
Jones, First National Bank of Dover,
with Francis A. CoOch as chairman,
Equitable Trust Company, Whining
ton, were appointed under the follow
ing resolution:
That a committee of five from
this association be appointed by
the president to confer with the
judicial authorities of our State
for the purpose of working out a
uniform and basic schedule for
allowances of fees to be made and
charged in connection with that
administration and management
of trust funds in our State.
The committee met at Rehoboth,
Delaware, on August 5, last, and
unanimously resolved to recommend
to the Delaware Bankers Association
that no such proposed action be tax
en- by the association.
The report made by Mr.. Cooch was
adopted by the association.
President Robinson in his annual
report said in part:
perhaps we have not been as ac-
tive as we might have been during
the year now closing, still we feel
that we have accomplished some
things which are-and will be bene-
fetal to our State.
Through our agricultural commit
tee we have tried to convey the mes
sage of cooperation by bankers, farm
ers and our agricultural experimental
farm and endeavored to make these
three great groups realize the neces-
sity of working together for the com
mon good of the people of our State
l believe the bankers all over Oul
State are cooperating with the farm
ers, to relieve the situation in which
agriculture has found itself during
the past few years.
"Our educational committee, too
has been busy, some of its members
have appeared before the school chill
dren and endeavored to instill into
their minds the habit of saving, with
very good results, the Artisans Sav.
ings Bank of Wilmington reports thai
$4,000 school children of Wilmington
have on deposit with their institution
something over S124,000.
Although rates have been low,
am of the opinion that our institu
tions have had a fairly good year.
"The agricultural situation has Ger
tainly improved somewhat and | be
lieve there is a small but steady i'm
provement in almost all lines all owe
2 the country and an increase in buyinj
power all over the world, so let us b
optimistic and put our shoulders {
: the wheel and make not only our ow
State, but the whole country a bette
and happier place in which to live.
, Mama National Oacar.