Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-07-19
From dc xempss. Appeal, July IS.
Citizen., Bank-Card ofs. r. walker.

Cifizenss Bank-Card of :. r. walker.
Mr.. WALLER, the predecessor of Capt.
TURNER in the Presidency Of the Citizens
Bank, makes bis statement this morning, in
which he takes Issue with the latter as TO the
charge that be had not complied with his con-
tract. Capt. TURNER'S card was general and
unsatiSfacfory. and Mr.. WALKERS answer de-
velops nothing by which the public and the
noteholders may form an intelligent opinion
as to who had wronged them. 1t. however.
throws on Capt. TURNER tn OF making
good his general statements and exculpatory
allegations by more specific expose of the OPP
erations of the Bank and of the contract with
Mr.. WALKER.
That the public have been outrageously
swindled and wronged cannot be doubted,
and in this instance, they determined If
possible that such revelations shall be made
as shall fix upon the heads of the guilty
parties, public condemnation. The previous
high standing for integrity of both Mr.
WALKER and Capt. TURNER only goes to rem
der the question more necessary to be solved.
1t is due alike to the injured note holders and
to the innocent party in this controversy that
full and fair investigation and development
should be made. If Capt. TURNER has been
wroDged, decent respect for hisown reputa-
ton as well as for the multitudes who have
suffered, through the credit attached to his
name, will impel him now, that his statement
is directly controverted. to show where the
wrong lies and who are the wrong-doers.
Being the responsible President of the bank,
at the time of it's failure, and being the party
upon whose standing it's credit then rested,
this is a most reasonable demand to make of
him, and without such an exposition, his
reputation, high as it has been, cannot pass
unscathed through the ordeal of public
scrutiny. Where great wrong has been
done az in this case, aud where the outside
public can know nothing of the transactions,
by which they have been robbed of their
honesty earnings. every public and private
consideration will impel the guiltless to seek
and obtain a through scrutiny. 1t will be
seen, from Mr.. WALKERS card, that he and
Mr. JONES have agreed to place the assets of
the bank in the hands of proper receiver,
who will distribute the proceeds to the credi-
tors without preference
The reports that come to us of the amount
of these assets are various. some alleging that
they are consde rable. and others that they
amount TO nothing. This can be determined
alone by future developments. We also learn
that the ownership of the bank will be the
subject of judicial investigation, and Mr..
WALKER asserts that his private property
will he held subject to the judgment of the
court.
MEsPHrs, July IA, 1853.
EDITORS APPEAL: In reference to the card
of Capt. Turner, of yesterday, have to state
that in January last | sold and delivered the
stock, assets, &C.. of the Citizens Bank to
Capt Turner and VIM. A. Jones. | made
and executed the contract in good faith, and
| claim and assert that | have complied with
it. If / have not, the courts of the country
will so declare, as it will be a subject of
judicial investigation. AS to that portion OF
his card about handing over the assets of the
Bank to the proper owners, whilst | disclaim
ownership, have agreed with Mr.. Jones that
the assets be placed in the hands of a receiver
in whom and they and the public have conf
dence. that the debit may be collected and
applied to the payment of the liabilities OF
the Bank, without preference to any creditor.
When this is done, if there shall be
deficiency, either Capt. Turner and Jones or
myself will be bound for it. If the courts
decide that | am bound for it-all the
property | have of every description shall be
appropriated to its payment.
SAMUEL p. WALKER.