The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-11-13
THIRD AVENUE SAVINGS BANK.

ANOTHER MEETING OF THE DEPosIToRs-A NEW
COMMITTEE APPoINTED-THE RRCKIvERsHIP.
largely attended meeting OF the depostors OF tho
Third Avenue Savings Bank held last night in
Glass Hall, East Thirty fourth street. There must
have been 800 persons present of both Mr. Ed
ward Mallon in the chair and Mr. f. G. j. Maynard
acted secretary.
The chairman went into lengthy statement to show
to the meeting those motives which had operated to
produce lack of confidence in the committee OF ten
which had formerly been appointed by the depostors
In the midst Of this depositor got up with
q document in his hand He had been TO see Mr. Peter
Cooper 70 request that he would accept the receveshp
of the bank. Mr.. Cooper expressed himself entirely
willing to the depositors but could find time
necessary to the arduous duties OF such an office He
however, recommended Colonel c. E. L. Holmes as
gentleman entirely qualified, and, no doubt, one who
would be willing to Here the speaker was inter-
ruped by calls for the committees report but upon
notion allowed have his say out from the plat
form.
Upon rcsumng his explanation, the chairman wanted
TO this committees record Straight before the
depositors He branded as false certain statements
that had been made by Mr.. Fitch, particularly that
wherein this lawyer said he depositor in the
bank; and also 1t was lie that Mallon wanted to be
named receiver, when, in fact he considered himself
unfit for such undertaking. In addition he could
not find the necessary bonds The speaker proceeded
"expose what he considered the ntrigues OF Fitch
blind the eyes of the deposors and keep the pres
ent receiver, Mr. Carman, in his Office OF trust to ac
complish which he sought induce some Of the com
mittee to
SIGN A CERTAIN PAPER
the contents of which they did not understand The
chairman went on TO saw that the committee had
thought well to retain Counsellor A. Sullivan to act
legal adviser for the depositors and that nsru
xvrttfu Dart a fnr 70
from the body of the depostors TO the committed
should be signed forthwith enable the latter
TO take all necessary steps TO prosecute civlly or
crminally any suits at law or against whom
might be necessary 10 proceed. The following are the
names OF the new committee OF thirteen Edward
Malon, Eugene Ward, Jacob Rigcr John Carney
George Smith, Thomas Rooney, Patrick McTeigne
julius Borren, Charles Phillips, Thomas Coleman Pat.
rick AcCue, John Day, William Carreberry and Henry
After good deal Of debate the action OF the commit
tee was approved and they were, by motion, cmpow-
cred 10 act for the depostors. Two persons, named
respectively Riper and Ward, spoke disparagingy of
the action taken several occasions concerning the
bank by Messrs. Josephs and Fitch
The following resolutions, which we're introduced by
the committee, were approved of and adopted
Whereas on 14th day Of October 1875 meeting of
Gcrnania Hall and committee OF ten appointed; aud
whereas new committee q thirteen has been appointed
Resolved That such old committee Of ten and all others
present committee appointed IN writing; and whereas
on the 4h day Of October 1872 meeting q the deposi;ors
Fitch appointed the receiver Of
bank he volunteered do II cost and whereas
good Is desired appoint other counsel be II
Resolved That the services Of Mr. Fitch be dispensed
with and that the thanks the meeting be rendered Mr.
Fitch, with copy Of these resolutions
The new committee were empowered 10 retain their
present form OF organization and 10 retain counsel
above stated II was stated that Mr.. Sullivan would
start for Kingston last night where the motion pend
ing or the setting aside of the present receiver and
the appointment OF ancser will be brought court
for argument
When the motion appointing the new committee to
act as attorneys Tor the dcpositors passed good
deal Of exctemes- prevailed. and much feeling
exh0ited for and against the recently named repre-
sentatives The people locked about the platform and
scene OF excitement and confusion followed. Many
let the hail without sgn.nsP 70 power OF attorney,
which had been adopted short while before: but
upon the whole the majority OF those present affixed
their signatures TO the document, after which the
meeting adjourned