Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-04-29
NEW YORK.
Further of the Atlantic National
Bank.
IL is Expelled from the Clearing
House.

1t is Expelled from the Clearing
House.
NEW YORK, April 2S.-Charles T.
Strong has been appointed receiver Of the
Atlantic National Bank. Fainter the
defaulting cashier, was taken before
q. S. Commissioner Osborne to-day, but
not having counsel and not making appli-
cation for release on bail, was returned to
Ludlow St. jail. "No further infor-
nation" is the answer given to ali
inquiries at the Atlantic National Bank,
where Mr.. Strong is endeavOring
to disentangle the confused accounts.
The greater number of depositors who
called at the bank this morning appeared
to have lost but small amounts, and none
Of those painful scenes occurred, so often
seen where large savings banks have sus-
pended Fainter, the defaulting cashier is
is married and respectfully connected. His
friends say bis speculations were prompted
by desire to serve the bank, and that he
erred through ambition with no dishonest
intent. At the meeting of the clearing
hvUse this afternoon, the bank was expelled.
Views of DepOsitOrs.
Among the prominent sufferers by the
u
rows, a wealthy merchant of Albion, n. Y e,
who had hundred thousand of the stock.
A large number of depositors of the bank
held meeting this afternoon, j. A. Fuller
presiding, and resolution was adopted for
the appointment of committee of five, to
cooperate with the receiver of the bank,
and report to the depositors all Obtainable
information concerning the affairs of the
institution. a number of speeches were
made, in which much indignation was man
ifested against the defaulting cashier, Fam
ter. Several criticisms also passed on 9TH
er officers of the bank, to whose lack of
vigilance the accomplishment of the frauds
were attributed. Opinions were expressed
that Fainter still retained a large amount
of the money obtained by him; also that
the frauds had not extended through years
as he asserted, but we're matters of the last
few days or weeks. The meeting adjourn
ed subject TO the call of the chairman.
Bringing the Habeas Corpus into
Disrepute.
Charles G. Hampton, the alleged Pitts
burg bond rObber, was brought up this
morning in the Court Of Oyer and Termin-
er before Judge Brady on writ of habess
corpus. The district attorney consented
that the prs ner be discharged, which be-
ing done, the sherif's officers re-arrested
him on the requisition from the Governor,
and he left the courtroom bound for Pitts
burg.
On leaving the court, Hampton was
placed in coach, accompanied by two of
fcers to be driven 10 Col. Whittley's Office.
This coach had no sooner departed, than
another arrived, and the occupants learning
that Hampton had been driven of, gave
chase, but at latest reports had not over
hauled him. 1t is supposed the occupants
Of the last coach had another hab5ss corpus
to keep Hampton in thscity.
LATER.-The attempt 10 serve a second
writ of habeas corpus failed, and Hampton
was taken 10 Philadelphia this afternoon.
Young StOckweII Still in the Ring
There is talk on the street of move
ment TO twist those who have gone extens
lively short on Pacific Mail. Gould, Stock
well and Hatch are said to have most Ofthe
stock, and will not allow the street to cover
its shorts at present prices.
4 Atlantic Cable.
The Managers of the Atlantic cable are
dissatisfied with the Hog Island approach
and contemplate bringing the cable t.
Brooklyn by another way.
A GviI-ServiceH.
Dorman 3. Eaton has decided to accep
the vacancy on the Civil Service Board, va
cant made by the resignation of Geo. w
| Curtis.
A General Abuse that Needs Correct
ing.
A special COMMITTEES of the Board of Al
dermen to-day reported the fees, emolu
ments, and salaries of the city chamberlain
and county treasury excessive and an out
rage on the people; that the interest on the
city's money should be added to the princi-
pal, and that the corporation counsel be in.
structed to recover and secure such interest
| To The city, ~. r