The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1925-05-22
HAZELT0N MAN
HEADS SLOPE
GR0UP|BANKERS
&. A. Lenhart Named Pres
ident of Group at Conven-
ton Here Yesterday
RESOLUTIONS PASSED
Support to General Plan
of State Agricultural
Committee Pledged
RESOLUTIONS PASSED

G. A. Lenhart of Hazelton was
elected president of the Missouri
Slope group of the North Dakota
Bankers association at the conven-
tion held yesterday in the Assocla-
ton of Commerce rooms. Other Oh
ficers were elected as follows: Roy
Seibert, Hazen, vice president; J. T.
Wagner, Bismarck, secretary, and r.
j. Rausch, Raleigh, treasurer. II. W..
Allen of Braddock was elected mem.
Der of the executive committee and
]. l.. Bell of Bismarck was named
member of the nominating commit
tee. Mandan was chosen as the
meeting place for 1926.
The bankers we're welcomed to
Bismarck by A. P. Lenhart, president
Of the city commission. The Rev.
Paul S. Wright .offered prayer.
]. w. Hall of the Northern Pacific
Railroad company gave an address
on 1.-THE Development Of Agricul-
ture"; H. G. Carpenter Of Minnea-
polls gave an address on "Bonds and
Investments; and w. c. Macfadden,
secretary of the state association,
gave an address on "The Bankers
Protective Association" c. r. Green,
manager of the Bank Of North Da-
kota, made a short talk.
Out of Politics
Mr.. Macfadden made another short
talk late yesterday afternoon in
which he declared that the state as.
sociaHon has determined to insist
that the governor appoint members
of the guarantee fund commission
from list submitted to him by the
banks, as provided by law. He sale
that the association is determined
to keep the guarantee fund commits
sion out Of politics.
Mr.. Macfadden referred to recent
appointment by Governor A. G. Sor
lie of a man. whose name. Mr. Mac
fadden said, was not on list sub
mit.ed to him by the bankers. The
speakers said that no reflection wa:
meant against Governor Sorlie, bu
the association fears that at some
future time some man may be electee
governor who~will not be fair to the
bankers and who will not under
stand the business conditions Of th'
state as thoroughly as Governor
Sorlie.
Mr.. Macfadden said that each groul
of bankers in the state will be asket
to submit three names to the state
association. When the names from
each group have been received, I
ballot containing all the names sub
mitted will be mailed out to all tn
bankers Of the state and the nine
men receiving the largest number O.
votes will comprise the list Of pros
pective members of the guaranteed
fund commission to be submitted t.
the governor.
Resolution Adopted
The following resolutions wer'
passed by the conventions:
BE 1T Resolved: That we com
mend the very fine results achieved
by the appreciation for the valuable
assistance rendered by sheriffs, cit!
marshals, policemen, and other Off
GERS Of the law, who have assisted
in making this service so successful
and we recommend that the activitie
Of this department be continued TO
the future protection Of our mem
bers.
That we heartily commend the &C
tion of our state guaranty fund com
mission in it's efforts to regulate tn
establishment of new banks in thi
state, and to stand toward the re
fusal to grant charters to new bank
where good banking policy would in
dicate there was neither the necessi
ty nor. the advisability of their es
tablishment.
That we appreciate the benefit
received through our county, group
and state organizations, and the val
liable services rendered by the of
ficers of these associations.
That we pledge our individual an
collective support to the general plal
of the agricultural committee of tn
state association in cooperating wit
the agricultural college of our sts te
and that we will concentrate our eff
forts on any practicable plan tina
will secure for our farmers :he"bes
possible returns for their products
That we condemn and disapprov
of the present bankruptcy laws an
pledge ourselves to prosecute an
unfair and improper action takel
under these statutes.
That we pledge ourselves to 10y
atty to our state, its institutions, it
merchants. and all the forces engage
in the development of its resources
and the stabilization of its prosper
ity.
That we generally realize the val
liable services rendered by our lega
department under the able supervi
sion Of Mr., A. G, Divet, and W
heartily recommend the retention o
his services.
Service Charge
That we fully realize the necessit
of q uniform service charge anon
bankers Of the state for service
heretofore given without charge, an
recommend that this group take &C
ton as has been done at tariou
county meetings.
That we fully realize the very val
(Continusd on pass thrss)