The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-02-13
THE MARKET SAVINGS BANK.

Something About AIr. Dennis, tho Late Re.
ceiver-A Modest Clam-MeetinW OF tho
DePositors-The Election To BE Held.
The victimZed depositors OF the Market Savings
Bank held q meeting yesterday afternoon In the
First District Court room. The meeting was adver-
tsed for two O'Clock, but In consequence Of the alb
sence OF several OF the committee 1t not called
to order until half past two. The chairman called
the meeting to order. and the minutes Of the last
meeting were read ana approved.
The CHAIRMAN stated that he had seen some Of the
depositors who were not aware that the bank was
declared an involuntary bankrupt For their benefit
and also for others who might be In blissful lgnor
ance OF the same he now mentioned 1t. he further
informed the depositors that Mr. Dennis-who had
pledged his solemn word that he would charge
nothing Tor his services receiver-had presented
CLAIM FOR 81, 900
for his services as such Tor two days. This claim,
he said. presented before Judge sutherland, and
that he phe chairman. IN the name Of the deposi-
tors had protested. (Applause) Another proof
that Mr.. Dennis was dishonest as well as untruth-
ful was TO be found In the fact that the committee
nad Just lai pare litue operation Of ms. Inis
that he Obtained several loans from the bank,
amounting in the aggregate 10 the sum above men,
toned, and although his name does not appear on
the vouchers ior the same the committee have
proof OF his doings. The money obtained in the
loans was invested in andS and for his part OF the
work MIR. Dennis received handsome bonus. In
concluding his remarks the chairman stated that
under the Bankruptcy laws the depostors were
allowed thirty days TO choose AN assignee or trlls-
tee. and TO go to registrar in bankruptcy with
their bank books to prove the banks indebtedness
to them. Every depositor Will have to vote Tor the
assignee trustee either in person or by proxy II
he cannot come 10 the meeting to vote he will have
to give .'power OF attorney TO some one else to
SO Tor him. meeting tor the purpose OF
ELECTING AN ASSIGNEE
viii be held In about ten days from now. which
VIII be duly advertised. member OF the COM
mittee then made a motion that Mr.. Ilodnett he
requested to Withdraw from the committee. The
member gave as his reasons for making this mo-
ton that Mr.. Hodnett had been, and present,
In familiar intercourse with the officials OF the
bank, and that he bOastlngy declared himself
friend OF Mr. Dennis. and that he further stated
no one could make him believe MI. Dennis guilty
In response to the mover and the meeting in
general Mr.. Hodnets defended himself IN
this wlse:-"Gentlemen, II ! was now or ever had
been friend OF the officers OF the bank might
have been told 10 draw my money as others were.
II / was a friend OF the bank officers would not
nave informed the committee how they c0ull come
into the possession OF
FIFTEEN HORSES BELONGING TO CoNKLIN,
and might now have the 500 which lost on the
bank becoming bankrupt" A voluntary subscrip-
ton was taken up TO defray expenses Of adver-
tlsng, &c. The meeting then adjourned, and will
meet in the early part OF next week to go into an
n