, 1877-12-08

The Only Question Is Whether Horton
or Chase Shall Be Receiver.
u;storr of tho Bank-..Statcmcnt Of III
Assets and Liabilities.
Mr, Greeuebaum Hopes to Preserve His
Private Banking-House from BUN.
RECEIVER WANTED.
rnocEsptNqa IN couhr.

ihe rather pro,t'e'e0 .t'e1ee Of u. President. NJ.
,omewbat lnquirtne turn of mInd. would not hare
,.ustked upon /. - .htpe 10 szcl.e wonder or
,espr4*.. Dnt there .to other people under the
sau be'ldes casual saaitoss. ana reporter vita
sren m ordinarily we'll trained no.e for news. re.
mer ,..s 80 ,h.t Mr., troubi.s had
rev. asIt oaen W.; 80 a'. .n.Io u, ~. nsssa
pot ended w,n oas 'ne o. IN
trouble in tho ',s,nss 1.nk rat tn'" sha ,na, ts.
pre.laeots withdrawal for long a season from that
famous back room did Indeed mean something. II
the essua, vIstor alluded to hai passed along tho
aan IN .ae ~, ~ ,n"s.. pcfo,s ~ oe,osk hr
would have aee INC o 9anx ona h"rt.d
snnx.,s.tons with Mr. John Woodbridge. tho lau.
s xavnn a.nttan,.n hv ,to y, M 1T 4mcor
strauss. an emploTo Ia The hank who has ensrae o.
lie mortgage buslnoas and who written aitnrnty.at.
lsw after h,s nau,a: The trio were ovidontly
the ubiquitous reporter long to ascer.
iu.t 12 o'etock. ho learned, Mr. woodnridee would
appear before Judge Moore. remind him Of an ap.
roo,uent ] fur thai ou, and r.oesed 10 ..s thst l.
hesclseF % hsnr ~ IN v eel,sn H.
Bsnk, as .n",etra H. thn nc fna., fnrms b1
tettain :, x,,a ~, vnvnxp,x. nxn,,
nsRMAH u ~ nsto nto+as.ia ;n.,ttniin Fnrth.r
9en":!toss, u s'o a. VII tbc hank eo
p'e aware that tney nao nnsa n.,,rt'o,, nne
her N esnPne ~ tne ;h, @ bnt wo
quietly ut the matter ate IT, sourse: Notice ct Of
,e move on tnG pasi 'oG he e"' abont III II
besn eommnn'sn.sa ths ncr,n, "e h,d bcen .pcnt
il nntefv'cw. between NJ tsrse1ob,a% S. and the
"yfs II tue 1 r ms hs ba r".,eS
h1m.s!f "ss's On he premnsres ke hau'i. It lid
watchcn and clocks IN she ctty-iisll wh'sh nan.;
ftrie4 nnI ptopor Iess.s. tos 1os III g rt"'ss.
that The hour o. ~ nAn nf1!veu. my anM 'i. It
later fhs thrne 1ncessant .axe" s'otseasn, j"'nra
BY several otn9tf wno : .nin S,o nv
19ee.a'ed Tee PIC @ jase Moor IL
court pmccedinc' In tho catc oE the ocFn'an sAs@
inRs Dank oesan: .oor..,nov
tsatied OF ny reading The ttlo ot tho bili ',a,tns
that wns hfoI11t by twn aeposno,s N tae asnnj
c's.ea , fa! thc arpointment q .eeel.e, q WIND
m tho institution "Hosc4Mans eAnmination ~ o.
the document ahoMed That ttlc afofGsalu Herman
Of facts: am,
The hank wna organized Win eonltal o. o!uu.
5 - m sspsi sn s de"
were rrt,ntnd to be Invested IN United stAtcs.
STATE. CITY nt chteago, or county nohaai anu IN
enitctl rrrnt.tfcs of 1t least double Tue amount
Of tho loan. and. tn case OF Impairment ol
st"s With tSy a,ys TIs
bill wrnt on e ethsn that sne cApHal saoGk ot tho
in.tituton ss.n1. roo. fn'ly oad ~. and that tho
fultawtHs Gcn!,smen cnmpsrS tao n9ata .. nheHe. ,
fehuttttr. Frederick Ls!x. joseph Ltcbeaste'n, y;
O.. tauIde,d. sim1n rlorsl.etn. ltcnry II Hurt,
John Ilctti1'x. EitaH Ntadhsn4uhl. =: Msss aMu
published 20 p'fse, wu ~, y, lan ,, 81 ~ ~ sa
Gs 1o"s 'ei ~ ssa4 ~ 3,or W 10 Uct t@s W
hit: thai they NV Risen ing tMf'J aa3a h1.leu M
hnt weis pe;suasd q tng ~ aS hf lug
new t:ok aht Sonuus rMo w., to ms
duceneat 10 pyt.att teH, to diaw ost the!r .nonsv
scntcd up5n that 4ndets.anilt.n r. onsY: thst m
Saturday they apptsSd tor ~ monS1 Wnen va
ihsm Instead nottEagy ., t;S:' i; ;asea e fas sSpo
lceuTta on ~ neAt upm9ot ,an a!S. ~ ~ s.n
ot.io's Woua M mE he TX ths XVII r.ensb,n
Eas mnde o9 !at aay. tno b.nk ~, fGsTo I eaY
ss,1y s.as naa o ~ ;ooositor. fn T. s dr. "r
s humber of oeposso,rs asnas 2s th.t .as
6ank nas laae .oans o@ dnn%ss.t.d thai
% put u thu capital stock o. tepesa :. INVESTED @
= UNITED etnte.' Soan'3; o. c'9 oman; % ta. H. H.
pfsjaa!ee ot tho St.tott s.a a!het u,pala! dsne..
tistss1ned BY thu Confs; t@as ~ nanS waa anani.
fan!. una sho Ms4eta "oa!a soatnae ~ lt
unless ths 7laeets wefn restrained .tom aoIns 's
further htIsnsss nn! k.Heealser apposhiMsa. Ias
bt'! cs.aed win tho tothe! prayer iof Aeee1Fers
"Tie OF Temporary ia1aastnm s n.s ,. .,,s -.
ar. st!auss. sepseson.lnR snc nans; ssQ INA
officers u that institution consented 70 tho ~
polnslacnt o. tece!scfs ana "ou!o ma&o NJ con-
sess' ..o.,,x,~,o.
NoM1hAFlohs'
1r. Wo3dbrldRa nominated Mfs ham0el u.
Chass, tbs abstract MN.
Mr Mo4os. FeplssratIn9 large nnmtef o. d.
poaltors, moSoa Tho appointments ~ ht Q u.
tlurtou. and pfoeoeic4 10 speak of hls guail1sa-
tl0ns for tho position. entlonlnR Tho fact That hr
Horton had Wuund up ths chicago Fin. .insuFaecs
Company 70 tho aatasIact!on u ~ creditors, w.
edaa aaai4tng In Tho cloa'ng up OF sescFal aim
liar Institutions. -.
Nj. Woodbridge had bur oao objection 10 Ms.
Horton, sad TINT was that ~ h's rsrsnsf. tho Hon.
Tbnnss lloyhs. Was Ftec. t1eafocat o. shta bah6.
Ind. he Thought atocxhotder, 9Th :, FEASIBILITY
Of bccumlag personally llaole: undcr thtss cir.
tu11stAnces. he did not thlnk NJ. Horton would
R,sh tho ptMLtion, ~ 10 tho matter Of Me. llor'
Ions honesty and eonpsseney, tnefe could DO MI
question. ~ everybody Knew him to bo an uHe1.
teptlonable gentlsraan. :.
Ar. MayIudef. rtaresentin4 deposits to tha
ansaunt Of 81, 0oo, lndoEscd Nj. Aortos's nomias'
ton.
Ar. strsuss claimed that tho bank was fully abla
10 pay 100 cents on tho dollar, the Receiver ep.