Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-10-13
TO TIE STOCKHOLDERS OF THE
UNION AND PLANTERS BANK OF
MEMPHIS.

Upon my return from Louisville, Fri
day evening, found in the APPEAL and AuG-
saHche OF that date a card from c. W. GOyer
W. A. Williamson, Napoleon BIZ, ". B. Gal
breath, Joseph Bruce, a. VaccRro and \. O
Treddwell, intended as an answer to my adj
dress to you, Of the twenty-sixth OF Septen.
Der.
An issue Of fact appears to exist IN regard
10 the amount OF stock owned by certain par
ties. This is not at all material TO establish
any position assumed by me; nevertheless
/ let Us see how tits: Mr.. Goyer and his as.O-
ciates claim 70 have been the owners, on the
twelfth OF January last, OF $4,000 stock, and
I represent that myself and i've other directors
| owned at that time only $4,000 stock.
/ William \. Williamson owned sG0,COO; C.
/ ". Goyer, sIl so; A. Vaccaro, 5000; W. B.
| Galbreath, $500; NaIoie Hin, $1,000; the
hrm or W. 5 Bruce a Co., 5000, and the firm
Of A. c Treadwell q Bros. sjOO0 Total, slOl-
/ 800. How stands the other side: Messis 4.
wilkins, Church, Rawlings and EDsley owned
$1,000; W William NJ. harrington, $1,000; W. b.
| Greenlaw, 81 &C., Total, slIl,5O0.
You viii observe in the statement of Mes Is.
Goyer and associates. they, Joseph Bruce and
A. c. Tresdwell, are credited with the full
amount owned by their respective firms,
"
by Harrington & Howell. Adopting the rule
which they have laid down, viii increase my
st ock 70 s25,CCO, while II you credit me with
only half Of the 81, 600, Messrs. Treadwen and
Bruce mu % also be reduced 70 their individual
interest In the $780, whatever IL may be. But
l will beIe be met with the assertion that the
ledger did not show the above amount OF
stock in Mr.. Ore nlaw's name (uor did It show
$4,000 in Mr.. II u s namel. This presume is
true; but the fact Is, they were the real own
ers, and the officers OF The bank were well
aware of II. II was pledged as collateral, and
tr ansierrtd with the knowledge and consent
Of all parties. IN addition 10 all this, few
sys alter ME- Covers election the bank pur-
chased from Mr.. Creenlaw over $4,000 OF this
very stock OF account OF his teut, and anoth-
er creditor VI Mr.. Gree niaw also bought over
$50 900 OF this stock, through the cashier Of the
bank. 1 menticI all tnis 10 show that l have
not made a reckless statement Again, these
genut men refer 10 the statement IN my sd
dres, In which allude 10 myself as havin g
"a larger interest IN the bal than most of
you" Re peat the same thing now. Out Of
about ninety share holders, only four have a
larger interest than myself, according 70 the
81 oek-list iuInisht me a short time since BY
the resideut. Hence, there were eishiy-six
who have respectively a smaller interest
than l.
The item OF over-check mentioned was
omitted by me. had the notes before me, aud
referred only to them I did not have mem
orandum OF the over-check at The time, nor
have l now; but presume 1t is correctly stat
ed, ana was paid by ne the day after Mr..
Goyer's election.
can safely rest this controversy here by
referring 10 my former address, as feel have
been fully sustained IN all. that have writ
ten, even by the reply Of MIR. Goyer and Lis
friends.
Icnarged that 8 secret combination had
been formed TO defeat me, and they acknowI-
edge it 10 DE true.
charged that they bad been elected to the
position Of directors by tie votes which 1 cast,
and this they confess.
I charged that my debt existed with their
knowledge and approval, aud this they also
acknowledge.
charged that my paper was protested when
there we're no endorsers to bind CONTRARY TO
the custom OF the bank, and this they have
not disputed.
I have Asserted that the bank, under my ad- |
ministration, was more profitable than il has
been since, which they have not denied.
Neither This nor my former communication |
has been written as an electiOneeriDg docu- |
ment; but as value my character and the |
good opinion ofmy neighbors and acqu.ns-
ances above any honor which office can con-
for.I have made plain staten Mt OF the facts |
of this controversy, and leave the stockhold- |
ers TO decide II have not established every 1
position assumed IN my address.
WILLIAM NJ. HARRINGTON. /
lfw,rpsrra Orfplsar 1874