Evening star., 1932-01-20
VIRGINIA BANKERS
FIGHT CHECK TAX:
Group 3 at Leesburg Session
Notifies Congress-Bandit q
Reward Raised. ~. :: !.
Special Dispatch to The Star.

Special Dispatch to The Star. .. ...,-
LEESBURG. Va, January 2o.-Group e
8, of the Virginia Bankers Association
in session here yesterday, went on
record as opposed to q provision in the 81,
pending revenue bill In Congress in-t,.
posing tax on checks Letters were
authorized to be written to members otls
Congress notifying them of this reso-, .
luton. s j. eur
The group approved the increase of
the amount of reward offered by the i,
Virginia Bankers Association for the-,-
capture of bank bandit dead or live.eE
The meeting favored charge OF so ~
cents per month on accounts with an
average balance Of less than $50. A.
charge on checks returned on account =
of insufficient funds, and charges on 4,
notes past due. -
The principal speaker in the morning :.
was Duncan Clark Hyde, associate pro-
fessor Of economics, University Of Vir-7o
ginia, who spoke on the balance wheel
of depression. He stressed the fact that
some system should be worked out by
which the laboring man can take care
of himself during depression. An sb-A
normal depression of this kind enables
us to find the weak spot in economic, ~
conditions the speaker said.
goo In Attendance. III
more bldn ZUU UdIlkeIS lEoil sIOup g.,
which comprises the counties Of Loudoun,' ~
Fairfax, Prince william Fauquier, y,
Clarke Frederick, Shenandoah, Page
Rappahannock, Culpeper, Rockingham, :" !,
Augusta and Arlington, were present.
Henry P. Davis, Past Chairman Of !.
group 8, and cashier of the National :
Bank Of Manassas, presided at the busi- ~. ~
ness session. Rev. @. Priton Craighill, )"
rector Of st. James Episcopal Church,
~
Charles F. Harrison welcomed the guests.
Reports of committees were heard ID
and these showed that much thought :
had been given to problems OF interest =
to the bankers and the general pub
lie, such as service charges analysis =
and costs, methods, and rates aud
county organization.
Officers Elected. gsis
The following officers were elected,
for the coming year: r.. G. Marsteller,
cashier. Fauuuier National Bank, War;
renton, chairman; w. H. Byrd, cash..
, ier, First National Bank, Harrisonburg,'
Va, vice chairman, and P. w. Ander-N
son, cashier, Marshall National Bank
& Trust Co., Marshall, Va, reelected"
secretary-treasurer. 70
The Advisory Committee appointed 2
consists of L. H. Dudley, vice PRESIDENT
Alexandria National Bank, Alexandria, "a
| Va: G c. Louderback, cashier, Farrl-al-
ers and Merchants National Bank "
| Stanley, Va Wyatt Timberlake, cash-'5 .
Ter Augusta National Bank, Staunton;t [
w. e. Boyer, cashier, National Bank ofoG
| Woodstock. t5To
L. w. H. Patten, president. Farmers a
| and Merchants National Bank ofId
| Staunton, was appointed to represent
group as a member of the Executives
Committee of the Virginia Bankers As--c
sociation. 3Jp
The meeting was followed by BAN
quet, at which time Dan S. HollengaGa
member of the Chamber of Commerce, "a
| Alexandria, Va, was the principal
speaker Edwin e. Garrett, presidehtae
of the Loudoun National Bank, waslc
| toastmaster. Vocal SOLOS were given by
| Mrs Arthur Jenkins and Mrs. w. SD
Francis The next annual meeting win
be held at Berryville, Va. a@'7 Pr