The Washington times., 1927-01-20
ATTEST NEWS AND QUOTATIONS OF THE FINANCIAL MARKETS
HEAR
GIVEN TALK
By RICHARD HATTON

lalph Given as the means by
Which the bad check evil could be
percome in an address on the sub.
eet Of bad checks, delivered before
be second forum dinner of the
washington chapter of the Amer
an Institute of Banking at the
ify Club. Wednesday night.
throughout his talk Mr.. Given
lressed the necessity for co.opera-
on between the merchant, the
anks and the office of the prose.
ut0r In combating the nuisance.
He pointed out vital clause in
he new bad check law which
niTted the burden of proof of in
snt to defraud and spoke of some
the difficulties encountered by
le Prosecutors office in convicting.
He, also. indicated certain de.
eets In the law which worked
gainst the law officers and said
nat one Of the greatest trouble
nakers was the post.dated check.
UGH a check. he stated, should be
lain evidence of mo funds"
he also spoke forcibly of the
ecessity for care on the part of
aerchants in cashing checks pre-.
ented in payment for goods when
large amount of change was given
p the person presenting the check.
Mr.. Giyenis talk was listened to
nth great interest by those present
he covered the subject from the
Egal angle.
Preceding the address of Mr..
iiven President Howard Moran. of
be District of Columbia Bankers
association. spoke Of the vital inter.
sc the older organization had in
ne local A. I. b. chapter and its
York and the qualification felt in
he splendid progress now being
made upon which he congratulated
he members of the chapter.
An announcement of great
Importance to the Washington chap.
err was made by Chairman Harry
Haynes of the Washington Clear
BIZ House Association when he
tated that five additional prizes
{ $50 each had been added to the
resent Washington Clearing House
rize of $50 for excellence in work
onnected with the A. I. B. courses.
These new prizes are to be known
N the names of the donors as the
William j. Father Prize. the
seorge w. White Prize. the John
Poole Prize, the Victor B. Deyber
Prize and the Harry ". Haynes
Prize.
The announcement of these gen.
rous stimulants indicating the
.reat interest in the Washington
hapter fthe institute upon the
art of the donors was greeted with
Prolonged applause.
AZ the meeting of the Washington
Gearing House Association Wednes.
az afternoon Harry v. Haynes was
selected chairman for the fourth
consecutive term. John Poole and
William J. Father were elected to
he committee for the two-year term
nd Victor B. Deyber was elected
ecretary.
Announcement was made last
light that the date for the meeting
Washington1of the regional con-
erence> of the savings bank division
{ the American Bankers Association
ad been tentatively set for some
ime in April. There will be between
90 and 1000 members present and
Headquarters will be at the Willard
1otel.
President Howard Moran of the
District of Columbia Bankers Asso-
iation, vice president of the Amer
tan Security and Trust Company, is
General chairman. President Harry
Haynes of the Farmers and
Mechanics National Bank is vice
Hartman Vice President Francis
b. Addison of the Security Savings
md President Victor B. Deyber of
he Second National Bank is treas
irer of the committee. Announce
nent of additional members will be
made in the near future.
It is expected that the McFadden
banking bill will be brought up in
he House next Monday and there
much interest in. local banking
sircles upon the speeches which will
ttend the debate.
President Melvin A. Traylor, of
he American Bankers Association,
md w. w. Hoxton, chairman of the
Federal Reserve Board OF Richmond,
Intended the weekly bankers lunch
ION Wednesday. Both guests made |
hort addresses.
President T. Hunton Leith, of the
Washington Chapter, A. I. B., is in
where he attended the
lnnuaL banquet of the Pittsburgh |
Ehapter.
The following directors were ele5t-
ed at the annual meeting of the
tockholders of the Mt. Vernon Saw
|ngs Bank: James H. Baden. Will
liam Rs;Baum, Albert j. Barres. G.
VI. Bugniazet, e. c. Dawson. r.
Golden Donaldson. Charles P. Ford,
Harry w. Hahn. Fred Hewitt, Hay
ben Johnson, William H. Johnston,
Or. e. F. Koss, Henry c. Moses,
William Muehleisen, H. Glenn
Phelps. B. L. Rinehart, H. s, Wal.
bott, Arthur o. Wharton, o. r.
Frank w. Lee and Rob-
brit T. .Highfield
The directors met late Wednesday
kfternoon and elected the following
officers for the coming year. Il.
Golden Donaldson, chairman of the
board; William Muehleisen, presl-
|dent: William H. Johnston and Z. &.
Dawson. vice presidents, William r.
Baum, vice president and cashier;
Robert T. Highfield. Frank w. Lee
hnd T. Edwin Norris, assistant
cashiers; L. M. Madigan, comptroller,
Ind Hayden Johnson, counsel.
Ter Earring HOllSE REPORT