Show COLORADO LEGISLATURE LE FAVORS BANK GUARANTY Denver Colo Cole Jan 30 Realizing that the sentiment In the tho Colorado legislature In favor of a bank guaranty law Is IB so strong trong that such a measure will probably pass at the present ses session sion representative hankers bankers of tho the state tate tonight entered into a confer conference once ence with legislative anti and an II political leaders on tho the terms of the proposed net act Those In tho the conference were wore Governor John F Sh and form former or er Governors Adams and Thomas tho the members of the senate senata committee on banking hanking and the chairman ot or the house committee on banking Gordon Jones president of or the Colorado Bankers association and F N Briggs and J J B Gibson Gibso prominent in Denver banking circles The conferees agreed that tho the bank hank deposit guarantee bill which has al already roach ready road b h been en considered in tho the legisla legislature ture turo should he bo so altered that di directors directors ii rectors of o defunct banks shall be lia ha liable 11 hable a ble only for debts fraudulently con instead of o for all bad debts that no money monc should be loaned on hank bank or trust company compan stock that It Ii tho the paper of any director ot Of f a bank Is overdrawn he shall not be per permitted milled flitted to lo vole vote at the annual election and that defunct banks tanks shall be liable only for or tho the full amount of their capi capital capItal capital tal stock Instead of for tho ho full amount of o their deposits as under tho the present Colorado law |