New-York tribune., 1877-06-04
LOCAL MISCELLANY.
wpovcrD DEposIToRs INDIGNANT.
TAKING STEPS AGAINST THE OFFICERS AND
TRUSTEES OF THE TRADES SAVINGS BANK.

TAKING STEPS AGAINST THE OFFICERS AND
TRUSTEES OF THE TRADES SAVINGS BANK
The depositors of the broken Trades
savings Bank are greatly dissatisfied Win the
present management of its 'ansieu "N'.,S'
and are stil very indignant against the
aud officers by whose fault they declare the
institution became bankrupt They are unreserved IN ee
uouncng the manner in which. they put IT, they nave
been sw,n6td They especially neensed WIN DcN"I
A. Hawkins formerly trustee andlogai adviser % ''-
and now counsel Of the receiver, whlo the houoS VI
Alexander NJ Lesley. the fomeT President an"
OF Isaac NJ FrceSe. the former secretary "i0
mentioned by them IN complimentary toruS'
tenresenatye of the dop0sitors said TO TRIBUNE re-
porer; "We are very much in earnest III our de'efH
non TO pursc the officers and trustees of the Oahh
Among thcm is Dexter A. Hawkns' lcsi "F
wiser, trustee, and now counsel Tor 'he IT,
cevor To him we referred on All occasions
nrety adviser who allowed them to invest our money
on second mortgages, and In one case Oh trd mort
gage" After mentioning Alexander NJ Lesley J. NJ
Freese and l. FrccSe, no said why we nave iounu
they advanced $500 on second mortgage IN TWO
instances in Brooklyn. and don't believe % %el'hcr
will bring 5000 when sold Ihcy tooh q lIliu @ , @
oooe ON place in Brach-st The first mortgage J. M.
der foreclosure. AND 10 Is very d0uD'iW Nhei!c VIZ
bng enough TO cover the second mort gag & iS T.; 80 W.
arr told that the receiver has received TH0po III com
promise of two 5000 mortgages, bat we att j
Information hy bin. think sivc enough 10 ifo ecu
]r,ncr D~lt@T HavHus and Isaac Frcesc ran mp
n,iny 10 Scbcncrfaiy 10 ect : r. White President Of
the Gro crs Bank. creditor Of the lIaHes oaN,SS % %
fcr few th0usauG dollars appointed receiver, "i'@uu @
letting anv of the dcpOsor know anr hing aDol III anu
now ere denied nl knowledge c' what IS "cinS "'"'
about our property , .,,,.o - do
Ucury n Hcynaun, counsel for the committee q" Ve-
po,itsrs said: We certainly snail 40 on We .la hd,t
anctkcr formal demand Tor information on Mt Nh' -
that is rcfusnd. as previous demands Lave eeh ic'
we shall appy i0r m8ndauuS to compel MN 10 Ai'o ~,
We shall also get ont order 90 show cause Wiy ne U
fct removed part for that refusal narlN loI '' '
1,opri,ty OF retaining Dexter 4. HaTlns aS ms c'htc
under tic circumstances. and partly for otier iS''4t
am willing give an Information 10 the press. "T u
a case im which e. cy should help but some laaier au
better be- reserved. We have now detec'e5 m OUr 'El
poy 10 clear up certain facts 49,.
uunlcr of the drpn,itOrs met last evening pfiFNfF
In The ofcc ~ No 30 West Iwcnyth uii - "a * Over
their grievances The trustees of the broken bak were
sfroney denounced Most Oi those present werc mn laNm
OF clfg general meeting Of dCpOsltors TO decide nlOh
q petition 10 the supreme C'urt FOR the removal ol
: h. Waite receiver. and his counsel. Dexter a
II .yiins The feeling against aIr. Hawkins
was very bitter. one derOslor sad th''i
Mr. Hawkins had been lobbyist AZ Albany lor so'tiaI
years. Re blamed Mr. HawEms largely Toy ihf leaning
81 the money Of the dcposOTS OF Seccuu dr tIt mo-,
.ag.s Another depositor SAID hc had been ndNlS," o
counsel that Mr Hawkins, Nj. Lesley the president a
other trustees were liable for TIE mlsapproplauoH Oh
lie funds aud De intended To begin suits ln icW dl7
II was understood tha prOOsl1on woio PC hi",'e /"
Tic postors 10 request the District orhey 20 nave
flft 10 81 sfala.f