Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1875-02-15

The Ctti@en and the E0tiddl I'm are |
vying with each other in abuse of Gen.
Grout, for having taken part IN the at
tempt to move the bank from Irasburgh
to Barton. The public will understand
the animus that controls Earle and
Hatch, and know that ouly frequent
vomiting of filthy bile, spewed over the
sheets Of the Citizen and Palladiam.
will relieve their disordered stomachs of
their hatred for Gen. Grout, 50 VIC say
nothing of that. But in regard to the
bank, it is generally known that some
thing more than year ago, the direct
ors Of the Irasburgh bank decided that
it would be for the interest Of the bank
to have it moved on to the line Of the
railroad. Barton, Barton Landing and
Newport desired the bank, and used
such stock as each could control, in the
interest Of their respective villages. At
the annual meeting of the stockholders,
a very large majority of tue stock was
voted in favor of moving the bank, and
Of making Barton the point of location.
IL required special law Of congress to
move a National bank The law was
passed, and it provided for the removal
to Barton. when three-fOurths Of the
stock should SO vote. At the last annu
al meeting on account of one hundred
shares Of contested stock, the three
fourths vote was not obtained for Bar
ton, though there were almost shares
enough, beside this hundred, to vote /;
removal. The owners Of these sam
shares. many Of them living ill Barton
Glover, on the line Of the Passumpsi
, K. Il. and elsewhere believe that Bartol
5 is better point for bank than Iras
burgh, and they propose, as We under
D staud. at a meeting soon to be held,
t say TO the lTasburgh people. that the
n will sell the stock now owned by then
S at reasonable prices. so that they ca
n not only haze but o1cp the bank in Ira
bnrgh, and as they have large amour
invested in Irasburgh bank that is neeC
d cd to help on the enterprise of propo
h ed new national bank at Barton, al
IS since they failed in their attempt
c move the bank. there remains no 9th
ie alternative for getting their funds f
s. this purpose. but to 90 into liquidation
g and as the friends Of this measure oy
ct and control more than twenty -one hun
1t red and City shares of Irasburgh stoc
a they desire only their right under t
IT law. and to this purpose have signed
e. contract, binding themselves mutual
cd each to the other. to go into hquidatio
or and put the value Of their stock into
It's new national bank at Barton. They
~ not do this to abuse Irasburgh. for
Of citizens will be free to start a new ba
lot under the free national banking act,
be they desire; but they want their eapi
oh in bank that will be more central
IL them. and on the line Of the railro
lpe When the attempt was FIRST made 10 m
ly, the bank. lrasburgh owned about te
the part Of the stock. and at this time on
to less than one-fourth Of it. This is a {
the where the minority rules the majority.
Us Glover and Bartowcomplain that throl
ma the severity Of the law, and the de
re. Of the lrasburgh people to hold the b
'ou- whether the stockholders are willing
at not, that they are the parties aggrie'
or When the citi=ea or Palladium acl
Iuce Gen. Grout Of being the head and T
ihe Of the movement for the change Of
rat bank. they Do not state facts. g
sys- has been OILY one or many that
4 a worked for this end and If there Is
sgth blame to be borne, there are man,