New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-02-06
BANK DEPOSITORS URONGS.
THE MARKET SAVINGS BANK.


INDIGNANT DEPOsIToRs IN COUNCIL-sTATEMENT
OF THE NEW RECEIVER-THE OFFICERS OF
THE BANK DENOUNCED.
The depositors of the Market Savings Bank
held meeting. yesterday, in the First District Court
ROOM at which great ind against
the OF the Institution. M. f. Dowey elected
Chairman and F. W. Worth, the Receiver, made the
following statement:
am here 10 answer any questions you may ask, after
tine general statement VIII make in reference 70 the
condition Of the institution. As 10 what percentage
there be paid, it depends what the securities will
sell for We have in the Park Bank SIS 900 cash. in bonds
and mortgages Sl7OOO in Alabama State bonds $4,000
in Georgia State bonds, $1,000 and in South Carolina
State bonds $4,000 The market value of these cannot
state for IL depends how many Of them happen 10 be
pressing the marketand the Third Avenue Bank has
securities OF similar kind now pressing on Wallst. for
sale so that 1t would he iniudicous 10 press
ours in competition. The Aabamas will probably bring
o. and the South CarOnas in the neighbOrhOOd Of 49,
In reference to the call loans, said he bad
and good, the bad, sorry 10 say, predomi-
lating Which are bad and which good cannot now
tell you. On this statement the probable percentage
paid VIII be As at least without regard 10 the call loans
We hear many things daily connected with the robbery
which has been committed. and sorry 10 say the
frauds before IT, find firm, OF the most respect
able in the city, charged with $4,000 call loans.
which firm dissolved years ago; and how the
annual statement could be made that the bank solid
is difficult 10 understand That charged prior 10 the
dissolution of the firm, and it remains there since as
charge, though they owe no such amount. aud they
showed the other day three transactions which they
had with the bank, all Of which were liquidaed The
liabilities are about $4,000 think VIII be happy to
receive deposor at any time al the bank and TO answer
4 Depositor-What about the fugitive secretaryl
The Charman-I waited on one Of the principal Di-
rect0rs OF the bank and he said the trustees going
TO offer 500 each for the Of COnkn-[laugher-
after they permitted him 10 escape. The detectives,
spurred by the reward Of $500 searched for him
the city, aud teegaphed to Canada and that about
all Until the reward is increased there is no prOba-
bility OF his capture do not think INN the sole cuprit
Applause. Who heard OF the Secretary Of a bank
running the whole institution That's so n we had
him here and could apply some OF the gentle persuas
of Sing Sing such as hanging him by the thumbs p6p
plause he might give us an opportunity OF finding out
A DepcsitOr-That is what we want Tremendous APP
The Chalrman-we have been looking those IN the
call loans. The task is 10 find out the names Of the Of
fcers or trustees who are benefited by such call loans
We ind that many OF the officers had elegant turn
outs" tLaugherJ Conklin'is reported 10 have had II
horses and some or the officers Of the bank have nearly
as large number Probably the call loans have 10
pay for these "turn-Ous." The Committee desired
TO give utterance to these suTises without mentioning
the present Receiver. Mrs. Conkn gave the bank a
deed of trust of her property at Wilton The property
TO the bank and the first Receiver turned 1t very
high figure Mr.. Conklm gave deed Of trust 10 the
strange in business instead OF recording deed
deposited 1t IN the safe, that she could sell the prop
cTy and another person might record the deed ana let
the poor depOsors 20 whistle FOR the property. All the
deeds now recorded ana all the property attached
We considering about proceedings against all the
guilty persons but do not not wish 10 let plans
be known Iu due time the fruits of actions will
shown. Crlee Of "GOOdWI ] advise Nou 10 beware OF
emssares from those representing the petitioners for
bankruptcy.
Resolutions then passed condemning the pro-
ceedngs IN bankruptcy, and pledCng the depositors
ana the authorities in bringing COnklin and his wicked
cOnicdeTates 10 Justice, ana making them discoTge the
proceeds Of their conspiracy, robbery, and Vlainy."
Adjourned 10 "A p. Monday.
Al the Market savings Bank Mr. Worth. the Receiver,
ana MS assistants busily engaged in examining the
DOORS preparatory TO making statement Of the banks
condition The petition OF the depOstOs against throw
t the BANK into bankruptcy is receiving numerous sig
natures ana IL Is expected that by Saturday the
ItQulslte hunDer VI signatures VIII he oDtained.