Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1841-08-24

no..;l,i- ~ 1nat once, that he made every
.ss'uis exeruon to effect that object y y,
ro a.e' opposing any measure calculated Ia nos,
~. 49, ~ desirable a measure. That amer ~
NJ ~ 1e'eated tor that station on the SECOND
- losauay Of August, A. D. 1S4O that he ;nlorn,
ue9onent that be was fearful that the ns,.,
,.Iss.ory' instead Of carrying out his pol,cv -
' ~.uu.lg Up the affairs Of the COMPANY. wo,,l5
.e -.'1s doing business, a stem which 10
.ouiu NOT sanction, as no institution comb -
.:, Pecuiiar crisis do fair legitimate busina-s
VIII any thing like success, and that he nessr
~, Toelu disgrace himself by belonging 10 one
.ns' would act differently lie therefore sold
O Oos.. nS Stock and withdrew from the Com.
Deponent further states, that when Mr. Ala
I.oge resigned the office Of cashier that 4 was
discovered upon examination, that nearly ali
ne par funds leil in his possession to redeem,
ne issues OF SAID Company had been exhaust.
~, shu ina! the circulation instead of being
eel luai had been increased. Depopent
,urlleT states that he then let the instItution
nave az the funds he could spare, and knoving
s siae some gentlemen in Alabama and this
s9sate laa leit large amount of money in The
hands OF Gen. Acee for the purpose Of mr.
Thasihg out the charter of the Commercial
nahk OF columbus, called upon him and re-
gueseed MIN TO make a deposite to and the
company until they could obtain from Ala
osiAa some $SO,UOO for which they had ami.
ed--which request was then refused. few
Gays afterwards, deponent again called unon
zen. Acee and assured him, that the institn-
tlon must close its doors on the next dav nm.
less nc would make deposite, and offered him
A the rate OF Iorty per cent, for the loan, as
that was the premium that Or. A. L. Camp
oel and deponent had agreed to give for the
same. Deponent further states. that no sne-
enc sum was applied for, and that he was
somewhat surprized at the large sum deposit
ed, being some $4,000. That said Acee
made said deposite to sustain the institution.
and not to deceive or defraud the community:
and that deponent verify believes, that SAD
Acee would never have deposited one dollar if
ne had not been personally liable for about
S5,OU0 OF the circulation, and dreaded num-
oerless law suits if the institution suspended
Deponent further states, that on the Board of
Directors refusing to allow said Acee the rate
OF per cent. agreed upon, that he withdrew his
deposite.
DepOnent further states, that after the with
drawal of said Acee as a stakeholder as afore-
said, IN August, 1910, that he attended none
OF the meetings Of the Directors or Stockhold-
ers OF said Company; nor did he take any
part in any Of their proceedings. Deponent
further states, that said Acee, after his said
withdrawal, never obtained from said Compa.
ny or any OF their agents, so far as said depo-
nent has ever heard or believes, any of the
money OF said Company; nor did he ever con-
tro or attempt to control said Company in any
oil thtir undertakings; nor did deponent ever
know or hear that he was interested in any
OF said Company's enterprises or speculations;
nor did sad deponeut ever learn that he was
IN any manner privy to, or connected with, or
benefited by any of their operations; saiG de-
ponent further states, that he never heard, nor
does he believe, that said Acee was ever in
copartnership with said Company or any of its
members m disposing of the money Of said
Company, nor did he ever herr that said Acee
ever gave said Company or its Directory any
advice or counsel respecting their plans, mea-
sures or operations.
Deponent states. that ne apprized Mr.. T
Richards and others of Columbus, so soon az
depOnent suspected that said Company would
fail, not to take its circulation, as they would
be injured thereby if they did; said deponent
further saith, that his connexion with said Com
panny has proved 4 serious injury instead Of a
benefit to hun.
DepUnent further states, that said Acee was
extremely anxious that Mr.. Hosmer 81 ould
be retained as cashier, and urged deponent to
vote Tor him, which he did at the election, as
he had proved the best cashier the Company
ever had, and was distinguished not only for
his competency. but his uprightness and tidel-
ity, and further deponent saith not
WIN. A. HICKS.
Cvrrorv, - and uf1hvcrfhod hofore mo fhiu
Dist June, A. D. lS4I.
HENRY NJ. ROUND, a. 81
Justice Of the Peace, Jasper County.