The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1927-04-20
CREDIT GROUP
HAS BANQUET
LAST EVENING
Discuss Mutual Problems
Elect 3 DirectOrs-C. l..
Young Gives Talk

Over 60 members of the Bismarck
Credit Bureau, their wives and en-
ployes, were guests at the organiza-
tons annual banquet and meeting,
held last night at the Grand Pacific
hotel.
Three directors were elected for
the present year: The firms of A.
w. Lucas, Logan's and Gussner's.
= City Attorney c. L. Young talked
to the group on "Vhat Every Mer-
chant Should Know" telling Of some
1T the problems of commercial law
which come up in merchandising
work.
Young said that the banker is often
a valuable man to see when mer-
chant wants some practical advice
on commercial law. but when an in
tricate problem arises he advised see
ing lawyer. and then giving him a
chance to give some good advice.
Don't work your lawyer for a
curbstone opinion" Young said, and
advised the group to give the lawyer
an opportunity to study out the par
ticular problem at hand. He declar-
ed that an off-hand opinion seldom
that most problems must be studied
out.
Discusses POstdated Checks
Discussing the postdated check
practice, which he said is now COM
mon in the commercial world. Young
said that chance Of prosecution,
should such check prove worthless,
is practically gone. He pointed out
4at the man who writes such check
is not pretending when he gives it
that there is money in the bank at
the time, but is merely promising
that it will be made good on the date
for which it is made out.
The problem of punishment was
also discussed by the attorney and
the details surrounding it discussed
He advised members, if they wished
to give information about their
clients, to give it direct to the Credit
Bureau. unless they were asked for
it elsewhere, and pointed out that
the man who volunteers such infor-
nation to another merchant is laying
himself open for a Islander suit.
The financial report Of the secre-
tary-manager, J. Henry King, was
read and accepted. A skit, "One Kind
of an Improbable Customer" was
presented.
Short Talks Given
Short talks were given by Otto
eDowman, Mrs. Minnie Shuman, s. F.
fBergeson, r. F. Flint and Bert Fin.
ney.
Mr.. Bowman talked on plugging
the Leak" emphasizing that unpaiC
accounts should not be allowed t.
.row too large. Mrs. Shuman told
Of allow We Use the Bureau" In
connection with a dentists office and
praised it's work. Mr.. Bergeson tolt
of how the Bureau had helped to To-
cate a man who left here 16 years
ago owing his firm bill and how il
had seen that arrangements were
made for settlement. Mr.. Flint tolt
Of the changes among the merchants
of Bismarck since the day 81 year;
ago that he came here AND commend
ed the Bureau for its work.
Mr.. Finney discussed the problem
Of those people who maintain expen
sive cars but still permit many legit
innate bills to go unpaid. He point
ed out that sometimes, merchants car
ried "poor" accounts when the people
who owed them were unable to pa!
promptly because of illness or nd
versity and said that the Credit Bur
eau was performing "a great function
by differentiating between these PEG
pie and those who were able to pay
fGut did not.
Roy p. Logan, president of the Bur
eau. presided and made short talk
telling Of the operations of the Bur
eau and commencing it for its eff
o;or% VyOrk