The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1869-09-09
Speech of a Canadian Lady.

lV VLE55 @- 20 84a4 $50
How She Excorlated sWindling Bank Directors.
At a meeting of the Commercial
Bank of New Brunswick, which was
held on the Sd instant, young lady
named Ladds, of Halifax, astonished
the other stockholders present by a
stirring speech. 1t appears that she
was stakeholder to the extent of
$4,000. She spoke with the utmost
accuracy and composu1e, though with
much animation. She said:
B Mr.. PRESIDENT, LADIES AND
GENTLEMEN From asense of JUS
tice to my widowed mother, whom
you have left without a home, l have
been compelled to seek redress else
where with view to discover how
the bank was managed and why it
failed. For years past l could not
ascertain the true position Of the bank,
which the statement of the directors
represented as quite fourishing.
Now that L have been robbed of my
property, it seems to me to be very
modest request TO ask, "Who took
it?'' The amount which | had at
stake having been f2,250, | think
my question quite a mild one.
Mr.. Sanction, the cashier, address
ed a letter to the stockholders, ma
king many charges against the man
agement. You have taken no notice
of it. Now, as you are all strangers
to me, the cashiers statement is just
as much tonne as yours is-not that
i can have any sympathy for any
person connected with this disgrace
full transaction, but In common sem
timent with my native city of Hail.
fax, l have more sympathy with the
cashier than [ have for the directors.
We do not thiuk it right that one
man should be prosecuted and others
quite as bad allowed to go free. I
was in ST. John last autumn, and
before leaving for Halifax called at
the bank. Mr.. Sanction treated me
with every respect. [ then wished
to learn something more, and | call
ed on Mr.. Seely and explained my
difficult position in relation to the
bank 81 do not see Why" said that
distinguished individual, 81 do not
see why you cannot work for your
living" / have now a word in return
for you Mr.. Seely. AS my father
was neither a business man nor a
professional man, and my brother a
post captain in Her Majesty's navy,
I do not see why either an English
gentleman's daughter should work
for her living, or why a man like you
should live on the fragments of her
property 1t is we'll for you, sir,
that two Of as noble officers as ever
England had are in their graves, or
you would have been taught greater
courtesy ere this. I have now, with
all respect, TO state that [ am advised
by the very highest legal authorities
that by your charter you are no long
er directors, but trustees, to wind up
the affairs Of the bank, and as such
{ will hold you responsible. I did
not vote for you as directors at the
last meeting because l could not do
SO consclentiously. I will look to
the law Of my country for protection.
in the spirit Of my, departed brother,
and with the God Of the fatherless
and stranger as my protector lam
not afraid to stand here alone, a
stranger without a solitary friend, TO
contest my rights with such man
as you, and, before sitting down, I
beg to move that Mr.. Sanctions
letter be read and considered at this
meeting, and | trust that the stock
holders, out Of common politeness,
will sustain my, request, a
Miss Ladds's speach, delivered
without the slightest hesitation, was
listened to with marked attention.
James Gerow, Esq, seconded the
motion that Mr.. Sanctions letter be
read. 1t was put to the meeting and
carried unanimously, the motion
causing a considerable stampede from
the room, including in the number
of those who withdrew, some of the
directors.