The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-02-13
ATLANTA. Ga. February 8, 1879

ATLANTA, GA, February 8, 1872.
There is some excitement In business cir.
cles here in reference to the seizure and clo-
| sing Of the Georgia National Bank y by the
State authorities. 1t seems that when Bull
lock ran away he had deposited in this bank
So, 953.59, and that his personal account
and that of his special friends, H.'J. Kinbal
& Co., had been ouerdra,a1 to the amount of
$SS,057.9S. ,.a -
The Board of Directors Of the bank ORDER
| ed the cashier to consider the three accounts
as one, ply the bank the amount due,
and report to tho fugitive that the
bank had sSi,S95.Gl subject to his or
der. This was done, but Bullock wrote
at once that his private account, and that
Of II. J. Kimbal & Co. had no connec-
ton whatever with the funds belonging to
the State, and that The bank authorities knew
this, and could not hold otherwise without
rendering themselves liable to the charge of
conspiring with him Bullocl0 to defraud the
State. These facts coming to the knowledge
of Governor Smith lie demanded the States
money; and, upon the refusal of the bank
authorities to surrender it, he had an attach
ment sued out and the bank put in charge of
an officer. ..
The cashier was out in card yesterday In
sisting that Bullock's account, II. J. kimbaI
& Co.'S, and the one he kept for the State were
all the same, and that the bank had acted le-
ultimately; but the papers this morning pub
lish Bulocks letter in full, and the cashiers
theory seems to be exploded. .rs .-..
Last night an effort was made to "frceZe
out " the officer in charge of the bank Gap
tain G. w. Anderson by turning off the
steam from the room but although it was
very cold the officer stuck to his post.
The bond war" between CleWs & Co., Of
New York, and Treasurer Angler, wakes
hotter every day. Angler charges that Clews
& Co. knew that ut least one hundred thou
sand dollars worth of the Georgia bonds
they held were fraudulently issued by Bull
lock.
Clcws e Co. have just published very
strong letter, in which they charge that An
gier is only striving to depreciate the bonds
in order that he and GO his ring" may buy
them up and then induce the Legislature to
pay them in full. DR.. Angler Is northern
man and Radical, but the people seem to
have the utmost confidence in his personal
integrity, and to feel grateful to him for his
exposure of Bullock's frauds.
The committee of the Legislature are said
to be making rapid progress, and to have OH
tanned the most conclusive proof OF stupend-
Gus frauds on the State by "Bullock and
his thieves 1t is said that they ordered to-
day one hundred bIGnk warrants, and that
every lively tines" may be expected.
The leading men OF Georgia indignantly
deny that the action Of the recent Legislature
requiring bondholders to register and prove
the gcnuineness OF their bonds means any
thing squirting towards reputation. They
say that this action is intended TO ascertain
what the Indebtedness of the State really is
in order that provision may be made to pay
every dollar that is legally due by the state.
OF course it is not proposed TO pay .ft0udu-
lent debts that can be proved to be such.
NIAToR