, 1877-10-16


yr'tcrs1ay 10 trcnl the weary path hf routine
which jcatls unly to reports. Or, tsthtr. prlnFcs
to lead to rcports. Dr. T"rpIn's wrrk Is s1s-
tua1ly cnIr'l III this con'ectt II, hut he Is now
waliiig for tlrsc appraisers 10 get t'lrn. their
traniplnV nnl estimating, when the results of
their examination will be embodied in hls in
vcntorv md tho whole thing PLACED before
ts Court. TN ]. ts ts'nfs aboa t'at a,nsa: Mc
lone: ,.JndKc, ois makes no promise.
when ie t..'k posteaston, and no other official
Of the banks condition will be
'Ihc knl old Jutige was glad evcn 70 tears
Yesterday to learn that tl,e nan who prom.
issa s a't s Tesk to 1gy OFT r.. aa = not e r
sers assoun. .'' Il A hn.slL ii' iie sa''is came Il
and turned over that 5000: There was
a uleaaural,lc tone Of aadness IN the Judgc'a
that the fate Of the man who proruieeti to pay
over $4,000 waA still shfnuded in apparently
itnpcnesrab!c. m.stcry. The reporter kindly
offered to undertake to solve thc mystcrY sur
would anty furnish some ciaw " TO his tnden-
tity-his name, for instance. Hut The way tho
Judge wfnkc'l one eye and smiled all over hts
fare, AMI awaT up into the profuston oi hatr
was "up to snuff" The reporter didn't get the
name.
NH. WARD AGAIN ENCOURAGED
tho reporters yesterday to bcl!esc hs .epoft wi1l
nooll Mr. Myers visited the EXTINCT live aud hal
a long consultation with Mr.. Horton, the Re-
cciyer's attorney. Later Oh, he lad another
long Interview With Mr.. Ward. bctwcct, drinks,
lin a. wiling to talk Is he ever was, anu tully
as rambling In whnt he said. The rusult Of i
latf.hour's flow Of eloquence was to impress
Tns Th,nrNs man with tho fast that Mr.
lt.ty, "a kr fe-A
to pay the slcposlsors Ut In property,
letting them retain It for yeara and years, until
It appreciates IN value aud balances their claims
ngasnst the bank. The late financial manager
dh mt satisfactorily explain, however, what the
acrosItofs wcrc to DO Ia the meantime to pay
taxes.
The interview was productive Of IN admission
on Mr. Myers part which WAS quite nstonfshing.
tho only man connected ,sttl, The bank that Ind
anything TO say about its management In tuct,
lle has lccn Tkjpulatly regarded as The bank and
tho Bo4rl oi Dlrcctors hns bccu looked
upon s . body which h,x exl'te.i only y,, on
takrs the ground that thc Directors were somc~
body. Just about TIM time uf the explosion, he
says. a prominent fawfer showed him thing
twS To- f. e 1 i ts ne the E l.ca caf h..
eia Manager, had no right e convey any Ut the
bank'spropcrty without authority 10 to do from
thu Hoard VI Directors. ~ had never thought
q that BEFORE" said ~. Myers to the reporter.
II l,al gone on making tlcse cunveyanees IN
good part, never thinking for moment that It
w;Bn't legal, but now believe II want legal.
1t luoks to n,c like good point. Oi coursc It's
tLing that will have to
CONF ur IN TIE COURTS,
but II the point is sustained II Will bc tho mems
u saying gutNl ,lcal Of property. And ri
tell YOU. boys" katd lie, 't',e reason the Re-
ccIvcr hasn't made Ills report yet is tccausc he's
waiting to see how these lcga1 questions are de-
The reporter molcst1y suggested that such a
claim. based on sucll "potnt ~ the enc MIR.
Myers md the .. L. lad raised, would be resisted
with great vtyor by those to whom lie had Madc
Certainly" 10 replied, III will be fought
very vigorously. hut, mind yoil, lt's none of
mybusues.. I'm out now. Got nothing TO do
wth the baIk, J., on,y 9uegest y9a tnos, , to the
plead the bal'y act for ,myeclf. No, cir; sim.
| plr advise with tho Receiver, and make suR.
gcstlons, and, II the point ts god one, + VIII
save lot Of property; For !nstanee' there's
ton for sl;,,0U. Will. now firmly believe /
hatl nu right to make 1t wtha,,t authority from
the DIRECTORS which didn't have. and tho State
Savings would have to take It's stand along With
/ the gcncrM cretlttues. Scuf y
| BONE sgCtRr HISTORY.
At tho tfn,G the Merchants, Farmers, d
| Mechanics stop;'cd, the w0rtt fcature about
| thu bank, and that which excited the greatest
4ql}EIbf III kuAL Il Huh
iu,pusssblc to understand xllat laA BECOME o'
| the money wlliel, had hcen paid Id by the de-
poattors. No report hasIng betii ret made by
the Receiver, 1t Ia ilnpoAatblc to stAtc what con
cluston hc fas arrived at, hut some Information
which THE TMiBusr las c1lne III possession ol
throws sttto light upen the subject, and, to
degree, cxo1lcratcs Mr. Mycrs tr"m the charges
which were vety naturally made agutnst him
| after thc cSplosi"n q bis tnat'tut!1n. Wic'
portct1 to have capital Of tU},0A}. Somtually
this VIVA t'atl III. Actually, 1t never was. Til
money may have brun put VI, In ursler to tccla
uleally co,nply with the conditions Of tic char
Ter, but 1t wns uruwn ont again NJ fsot
Us It was put In. Wcstfatl's subscription
| was t1,0tU. Tint amuunt, II Il believed lle gnt
hack, like the others, abnut as so,n ~ thc hat'e
was III running ordrr.. LIE hctnn,e President as't
practically manaEcF. Myers bcinE caah!rr. ssESc1
alter the concern was moved to Chicago, ant
Willie Myers WIS apparently tho ina1lagtr, West
talf, who owned tho majority Of thy stock, dit
about as hc pleased withthe bank md tho bank
a3U.00o. which le took from The bank, ia thu
prupcrty south Of tho city, wlirh suit s nov
atont to be brought 10 recover. This probest,
belongs 10 the bunk. It was bought wlth til
axs !as .ssr sE St pas go So1t a"a ss s"
to alI That property. During part Of sepsc.,l
Der and pretty ncur|y all u Ostober, 1b1'. sr
s!ycr. was ahsent, aud Wcstfall sctuatnc'
time he borrowed lthcrally from It fur tho pur
ptsc, It IL believed, OF floating spcculattons i
which he was engaged. When Mr, Myers re
turnc1, he fund that
| wEsrFALL OVID THE pANK
about $5U,uD. llu WIS dissatisfied with thl
s.utr Ut affairs, sud told Wvstfall he was read
to sell out to him wllatcrer lut~rest he had {
tho eonectn. Westfall said TIC didn't carc abou
dotng tl.at, at1 them as last T.. resoII go,
Tliu prucltcal result was tIlat Mycrs got West
falls stuck. aud Westfall got back ftou. til
bank thc nutcs whiel, he l,ail gtven It, repre-
sentiug money loaned. That $4,000. with II
lerest, would now amount to about $l03 OK
This was pretty severn blow 10 the bank, c.
rrcially at such a ttlRc ns that, but apparcntl
Mr. Myers could see nu other way out at ii
hole aud trusted, perhaps, that times woul
grow better, that soti,e spccufationa nlfs'!
sw"i SsfeSy aa at III nsye Sa
did reeuperatc, however, ana i,as prarsicall
been failure eiuco that lranafer. Now. II thi
Information Is correct, tho deposltoEs skoul
Wcktfall bought for the bank, amounting t
*ih),usU, ani ulso the tl0o, ,oD which he owe
for nluney borrowed. 1t Il believed that II til
| 11r.. ,{trrH hNr{r xHfk $hnsx M1ntt,