Annual meeting; [News items];

              Bulletin HASKINS & SELLS 79
THE annual meeting of firm members
and managers was held at the Execu­tive
Offices, September 22 and 23. It has
left behind a sense of closer union in the
common cause for which all are striving,
namely, the rendering of a professional
service on a high plane.
All firm members were present except
Messrs. Cook, Fuller and Tilton, who are in
Europe. All managers were in attendance
except Messrs. Vincent, Leffler, and Leo,
who were prevented from being present by
pressure of engagements, and Messrs.
Lovibond and Holding, of the Paris and
London offices, respectively. Mr. De-
Vault, from Shanghai, and Mr. Tompkins,
from Havana, both of whom are in this
country on vacation, represented the
foreign offices.
After a few words of welcome and general
information by Mr. Sells, on Friday morn­ing,
September 22, Mr. Ludlam took charge
of the meeting, which proceeded to a dis­cussion
of various matters pertaining to
organization, professional relations, and
technique.
All the usual festivities were omitted,
owing to the death of Mr. Ralph T. Hollis.
The only social function was a family
dinner at the Hotel Biltmore, Friday
evening. A number of the wives of mem­bers
and managers were present at this
affair.
On Saturday afternoon the meeting was
addressed in a most interesting manner by
Mr. Harvey E. Whitney, of the Bankers
Trust Company. Mr. Whitney is chair­man
of a committee of The Robert Morris
Associates, a national association of bank
credit men, the purpose of which committee
is to co-operate with a similar committee
of the American Institute of Accountants
in improving and standardizing financial
statements used for credit purposes.
Mr. Alexander Wall, secretary-treasurer
of The Robert Morris Associates, gave an
interesting exposition of his ratio scheme
for judging credit risks, and, like Mr.
Whitney, stated frankly some of the ways
in which the accountants may improve
their reports and better co-operate with
the bank credit men.
The Annual Meeting