The Sun.
London, England, 1860-07-10 00:00:00

TALE PULLINGR i‘ FRAUDS.

The subjoined notice, holding the directors re-
sponsible for the loss by the Pullinger frauds, will,
it is understood, be served upon the Union Bank of
London to-morrow. It likewise protests against
the proposed writing off of £ I LO,OOO of capital, and
intimates that, if necessary, an injunction will be
sought from the Court of Chancery:—
"I, Edmund Alderson Fawcett, of No. 12,
Trump-street, in the city of London, warehouse-
man, a registered shareholder of the Union Bank
of London, do hereby give you notice that I hold
the trustees and directors of the said bank respon-
sible for the loss of the sum of £252,008 125., by
William George Pullinger, mentioned in the report
of the said directors, dated the 4th day of July
instant, such loss having been occasioned by the
wilful neglect and default of the said trustees and
directors, and by breach of their duty aryl of the
provisions of the deed of setoment of the said
hank. And I further give yrot nWiee that I require
question as to the liability of the said trustees and
directors, or some or one of them, to such loss, to be
referred to arbitration under the 132 d clause of the
said deed of settlement. And I further give you
notice that I object to the said bank, or the direc-
tors thereof, retransferring or otherwise dealing
with the capital sum of £120,000 mentioned in the
reports of the said directors, dated respectively the
24th day of April last, and the said 4th day of
July instant. And I further give you notice that
I object to the said directors appointing, or de-
claring, or paying any dividend except in respect
of the profits of the said bank. And I fu. they give
you notice, that in the event of the said directors
persisting in retransferring the said capital sum of
£120,000, or in debiting the capital account there-
with, or in appointing, or declaring, or paying any
dividend, except in respect of the profits of the said
bank, I shall forthwith apply to the Court of Chan-
cery for an injunction to restrain the said bank and
the directors and trustees thereof from so acting.—
Dated this 9th day of July, 1‘).(;..%

"EDMUND A. FAWCETT.
" To the Union Bank of London, to Henry
.Newmarch, Esq., Secretary of the said
Bank, and to the Directois of the said
Bank."

A circular has been addressed to the shareholders
of the Union Bank of London, by Mr. W. C. Hen-
derson, late ledger clerk in that establishment,
which he entered 20 years -t,a, fr. The following
are the most material paragraphs :
"In the latter end of, I think, 1854," I was
absent from the bank, and on Any return it was in-
timated to me that there was a difference of between
£4,000 and £5,000 between the ledger balance and
the Bank :of England balance. This I could not
explain or understand, and I mentioned it to a
friend, who advised me to bring the matter to the
notice of my superiors. Not having found an op-
portunity of doing so during b iciness hours, Icalled,
on the afternoon of the first Sunday thereafter, at
the houee of Mr. Barton, the assistant-manager,
and informed him of the disetepaney. Mr. Barton
treated it simply as a mistake, supposing that that
amownt of gold had not been put to the credit of the
Union Bank by the Bank of England for one day.
I replied that could not be, as the difference had
existed, as I had been informed, for several days.
Pullinger must have been made aware of this com-
munication ; because, the day after 1 made it, he
came and upbraided me for attempting to cause
mischief in the bank while there was no occasion
for it, and in a day or two afterwards he showed
me a pass-book which then agreed with my ledger,
and so the matter ended. From that time down to
the hour of his arrest the-favour shown to and the
confidence reposed in Mr. Pullinger by the mana-
gers of the bank greatly increased; while, on the
other hand, I
,was regarded with anything but
favour, and on one occasion was told by the mana-
ger that as I had no friends in the direction I had
better leave the bank.

" After the arrest of Mr. Pullinger I continued
in the bank, doing my duty as usual, until the 11th
day of June last, when I was summoned at a mo-
ment's notice to attend a sub-committee of direc-
tors, who, after putting some questions, took down
something in writing (a copy of which I have asked
for, but in vain), and I was on the 13th of June
dismissed.

" Such a proceeding, after my long and, I can
truly add, faithful services in the bank, is not only
so ruinous but also so harsh and unjust that I re-
spectfully request you will cause the whole of the
circumstances to be investigated, and that you will
order my dismissal to be cancelled."

THIS DAY S MARKETS.