The sun., 1871-10-10

posing he Lad Cetn ~ lie and drawn his money
edged thioush thc crowd, hoping to ret some fnets
The young nan pifng like porpose in shoai
water. Said the sUN man;
"Wellfn
Not bit of it," was the response. It's rough.
wouldn't stand there another, nve minutes for
Did you get your money!"
didn't get any7hete near theiioor I'll let NE
Whole thing 90 bsf'~e I'll
SUNNI TO suFrocATIov.
But are they paying on at allfn
Of course they are. The banks good enouqhs
The reporter next went to the side door IN Tven-
N.six,h street. The throns which Surrounded ms
most desperate wriggling and pushing he captured
position on the top sep. The door opened and
Did ye Git your money!
All hut the inicre.G"
Och, tie mugtherin' basies an Il . the likes
OF us they would clits ~ our intheristt'
Ny good wo nnH.' Id the man " II YOU draw
your money now. on cant expect interest They've
had no time to make u up
The aood woman, however, would not take tina,
view Of the sumr e.
"lts shame" said she, "a disgracerul robber,
to chatc us poor wimmen Of our little money. We'd
better a kept II oursels, so we mad It's disgracs-
At this point The door opened again and a polit.
policeman admitted the Sun reporter.
MOUNTAIN OF BANK NOTES
Inside Tie bank the scene was rather more cheer.
ing than without. huge pyramid of bank notes
was visible on the toer's desk, and this doubtless
tended to preserve order among the depositorp
But afew wore admitted at time, and these few
demands. All was quiet, and the business proceed.
ed with tho clock-liko regularity usual to ordinary
banking.
THr Presidents STATEMENT
will tel ,cu about my connection with this bank
from the first day and tho history will throw much
hght on tie present 'ltuation.
Atlantic Mail hai tJ00U wanted to deposit I
saw Mr. A. @. Dunn and asaed i'm about tnis bank
$1,000 here. Mr. Dunn was then Vice Iresidenl
some time merward, about eighteen months ago
MT Dunn solicited NE TO become member Of the
Board of Directors. He said, We've got some bad
members, lnd want to get 'em out Shortly ~
terward he called private meeting Of the Board
ana notlh'd me to attend. refused A fortnight
diterwara received another notice to attend at Or
Iio lject To cast votes to see who they eoaId
eject President asSed them why they took sucn
an unusual step. They sad they wanted to get
SPENCER X. Green out II tIey found they could
elect g. Dunn or other good man they want.
ed 10 run MIN. told them # ttev had any charges
10 make against Mr. Green wanted time IL nvestL
gate them. Wo did investi gate them, and lound
we ony iaut ALLEGED ngainst Greeo was the Allan.
was assented TO by Dunn ana the OF ier members OF
the finanee Committee II he was to Olauo all were
to bame. l saw that
THESE SECRET MEETINGS
were held entiiey in the interest Of Dunn who As.
uired to be President of the bank and from that
time | alwaih refused to attend any Of them Ths
election was held January 1, and MIR. Green was rS-
Dunn told ME himself that the bank was perfectly
solvent, that " he was elected President tsrs
consider himself the only trustworthy man 10 the
board
Failing ir his objects. le resigned some two or
tIree months sgo. He taen went 10 Aiotny, and
got the Commissioner TO send Messrs ke,es and
Hennessey On here as examiners to soc nov the
bank stood, Hcanc8sry was more toll O. Dunn'r.
lle said repeatedly that the bank was a. rotten
concern, and had got TO go under"
AN APPEAL TO CATHOLIC PRIEST
Then this Hennessy went to the Rev. Dr. Birch.
CataOlic Church ia Fret avenue aud asked him "
say to his COZ grcra ion that the Third Avenue Blnk
vas rotten ucern, aud advise hrs people TO draw
Reporter-llov long have you been Pre.ldent Of
the Binkf
Mr L,nes-About three months. didn't vant
tue DosIuon, blt Mr. Green resigned, an. 1 thougat
ton reputation wonA let them have H.
Reporter-Are you flliy prepared W meet all tbsss
deposi.ors.
when he had this thing printed IN the sunday pa
! rers. lie showed us band too soon Il yaye ~.
penT o.. Of time to convert our securities eto ready
cash. The law alloNs " thirty days to pl5 depos
tols We don't propose to take advantage vt that
WE SHALL PAY on DEMAND,
AMI thus give the lie direct to the sclndalous report
wnich this disappointed oice seeker has put aaosl
IHe reporter uOH euiered tie ohaUbsr where u.e
stormy debAres Which bad led tO this state VI affairs
idi taken llsco. Two or three OF the Directors
were tnere examining sccounts and computing long
LanS anu ohc OF tne rusters Was also Acre. lie s
rasngr gssdrsoStHE seatis-fAn ~t'h ssasJ- s.s-~
Reportsr-wilh regard to the swamp lands which
| your aceusers sa' you have lent money on IN New
Mr Harrison-lrs an Outrageous lie. tir M.
| Dean Nssone OF the Committee seat oat to look =,
those laGds and g approved tie lOir. Iuere Is not
.a inca OF swamp lind The principal 100 was on
| lands
IN TuE CRY OF ELIZABETH,
| 10 tse BEST PORTIONS Il IT, Tie streets are brood
| tui improvements are being made every day. Ol
| onp iot house worth $4,000 has been Quilt The
! other loans are fl2OlO
Reporler--lt Is stated that Of the $3.50 ecaived
| rom tue bondsmln OF Mr.. Lee, you received Sb,W
| Tor collecting I tnnt truel
| Mr. HMrisUn-Iuat is another ingenious lie. i
| never received cent OF that tG,50J did reoeVe
| 5000 from tue bank Just about that unG had
| gwen service ior ten yegrs and IN" Drectors
| thouEnt deserved something. T0ls very Dunn Ia
TIE man VINO NJ ado the nrrt motion to g,Ne mo thai
| mcney. IL had nothing Waaiever ~ DO Nth Tue
Ihe Directors all verified Mr. Harri-on'- story,
RepoT,,r-Hov a5oatMe
uorsE IS FiFIH AVENUE
Mr. U,trson ,ai.teri YES, llcro was apotbo,
huc bit OF seusa.Ja-'aitl is nan trut ani nui ialse
Tho rauyoNn property was eIehanKed iot .Arss
| housos In flith avenue, between Egbty hnh aud
| L ghty.siyth streets. Taey sle hunt OF DgcnesdeT
stout and value the tlree AZ t225,OOO Well they
| were all ompty ana that people m.h' be Induced ~
rent them, tue Board ordered ne 10 oeeu y one ior
| a time. Ihis same Dunn was present ~ ne meo,,'
| ing. and MI. Holt made that motion obeYcd.
Very the tNo were rented aud moved rom
| tne otbeI-thAt Is empty noS.
Reportrr-Iow much was lost on tne Atlantic
D,reotor-A little short OF $4,000
| ReDorter-Du It really crlpp.e the bank seIl'
| ousyf
! Ilarrson-Crippl ~ why, since then We have
| put up tins DuiilnE, n,t6 j, Niit +" nEit ps.s
| out to depositors IA interest since tacn.
1853 -Juy .......,f. SKA sd leatSA
| iNP-,lau. ,......., ll1fG uS' JAY, HV'"N
| July.,,,,t,. l&r ~ lyi -
1870 au. l.l--l HI lotAl. Slolso'N "
jus ...,...,. lalOShsl
| Does tAat LOOK - II We were gong TO
BREAK ON ATLANTIC MAILS
| Renorter-Then Won thnk you can weateeT this
| storm and cOma odt with h,ne colorsH
| uurson--N eatLer it-Ol course We shall II was
| a wicked thing cruel thing to do. Bat We are
| safe. The hanN has been well manar6d, We are IN
| better condition 20 meet run now than ANY ~iYings
| bank In New York. We have been very liberal
! NItA car de o-tots. whi'h is the reason perhaps
E's E4.,-,hsYa-s ~ 7-!A sn.IoRch nancy. hH W
| have a surplus on hItd, and eau meet ava oUr oohs+
| tons.
| QUARTER up 4 MILLION PAID OFT.
| O'Clock thp bank doors were close 1s usual
but they we're reuunucd at q, ana the nens wore
continued uu'h D. ApoW i2)JOJ0 wtH l~ud out 70
JtpusitOrs uurI inc day. Nep many GA hearing
the true statement ui the case went away and lSn
their mouHy ou deposit
The interest on thls t2bO,OO at SIX per cont "a
$4,000 1tIsI.tu none, wuich is ut' All taken
nom the pocket Ol tue poor depoHitors Dy the men
| WHO uuf this fll,e tory in tircLl tuou fhey nave
hslned to bank ttrY lrten ied 70 D. oak hN Dutuns
inst tuis amount into iti vaults. Tao po~ mon