New-York tribune., 1872-02-14
TNSOLyENT BANKS.
THE srUYyEsANT BANK-STATEMENT OF The
. prCFIyER.

THE srUYyEsANT BANK--STATEMENT OF THE
RECEIVER.
large number Of the deposltors oi 'ho
Stuyvesant Bank assembled In tho cashier RUM VOC
terdav moan 10 hear the report Of Receiver o. H. r.
Archer Considerable dissatisfaction was expresSeu ny
some a. to the validity OF the promises mace py hn'
while others placed implicit confidence in his abty W
ao, tho hank safely through the fog OF legal uncer-
taintv In which 1t Is now enveloped. The bahk mas
been thrown into involuntary bankruptcy py On.
Of its creditors When Mr.i Archer was appoinou
Receiver Mt the solicitation Of many OF 'he uc-
positms. he was compelled by the Attornc. "on %
eral to give bonds for $4,000 AT the u"o P n
onnointment he received assets thought 10 DC wo'"
eo22e e7 He has applied the funds collected % io,oas
the ooIateras land to meet the claims OF 'ne ""uao
turers, and Merchants Bank which loids inc src"'c
mart Of the assets These have been rcduceu py MS pay
ments and $4,000 coateras have been released nv 'o
time the bankruptcy proceedings were peguh he 'n'
tended partly by an advance Ef ms Se a"a
he debt and would have taken vigorous measures % s ~
t. collect the bills s ss Seran to
claims which into his possession. e ep, the fol
does not c Ts the actual amount receipts and
dIbnrsements: Receipts. ssi,o5 lo; disbursements
Arcber also stated that the indebtedness Of the
Bank was $4,000 and that the assets We're a. % hsNSs
Of the Bank attorney. s220ooo worth $40 os anu
colateals In the possession OF the ma, s;vobie
go s1o valued at $4,000 Weed mining stocks $soo
valued at $4,000 New York state bond: sCeH WSr On
Total sSso $50 g. estimated 10 be worth si9a e9t ,oor
Mr. 0rcutt one OF the depositors. offered the folow
Ing s,ss T9rn TN %ee S ssGt made by Mr. Archer today sS
S"pk he deserves the gratitude creditors hs! have entire con-
c2 his ,5 9ff Z, Gns Id settlement ss a Of r. the %
Alter the meeting had ,been formally adlourhea C,
nnints were heard in regard to the cashier OF tho ba
assisting the Recever the capacity OF S9ih nv @ fumds
intrnsied to him. After being assured that he had
nothing to do with funds the crowd gradually dsperseu
THE MARKET SAVINGS BANK.
The Market Savings Bank having been
placed In bankruptcy large number for depost'rS ana
other creditors called at the bank yesterday to prove
their claims each being obliged to pay fee OF % cents
for his affidavit. The Dcpositors Investigating Com
mtee hold sessions daily for the purpose of devising
measures for the protection OF the deposors ana tue
punishment of the guilty officials connected with the
bank The Chairman, M. f. DOwley. states that they
have considerable evidence against the officials but he
prefers not to make the facts known as it would be
premature and would defeat the ends OF justice
Ex.Receiver Dennis, who st visits the bank, when
asked what statement he wished to give in relation to
the charges made against him at the meeting OF depos
tors denied all the allegations declaring that he had not
received any bonus interest," or @ OIeT nnx one that
the bank about to fail He admitted that TWO uiys
before the bank failed he discovered that there was
| something wrong and withdrew his children's ae
counts, which, however, amounted 10 only s2o. l.
is alleged that he caused other depositors, VINO were
| personal friends, TO withdraw their balances;
Mr. Dennis stated that the deeds OF property were sun
In his name This however is denied in other quarters
as they were transferred to the Receiver Worth soon
after he took possession. Mr. Dennis denied tat ne ia
presented bill for $4,000 for services as Receiver in
pying by his that he had not put iii any b al
ali The Receiver that Mr.. Dennis rendered Dill
for s17i6 which included charge for S35 eferees fees
The claim was ordered be paid by Judge Barnard
Who apuointed Mr. Dennis but Receiver Worth has mn
complied with the order believing Bsf Bs Who forced Mr.
just to the deposltors. inc gant at what they term
Dennis TO resign are rTsentng such enormous bill,
MS if had not been for his culpabil,
Wne @ & az so negligence Of other trustees there would
y ana N no occasion for the services OF Receiver. 1t
hayfable that an attempt will be made to ndic sew
era of the officers. Mr. Worth will be elected assignee
in bankruptcy, without doubt.