, 1877-09-26
Tho Receiver Docs Not Believe
tho Assets VIII Pan
Out Enough.
Myers Dee-Hive Tangled Mass Of
Glittering Goneralities-
The Receiver Unable So Far 10 Find
Anything bnt What Is
Worthless.
Fidelity Depositors Rushing in
to Sue the Stockholders.
THE FIDELITY.


Ason Nonday morning. when thc appifcatlon
was made for Receiver for the Fidelity, 10 yes
tcriay morning, tho Time fixed for tho appoint
mcnt. Julqo Moore,s courtroom WAS packed
l"ls VI interested aeto''e,s a"u o'pos"o'N,
anSiou. 10 learn who was 10 he out In charge Of
the assets of tho Institution. 4 dozen names
.,acvI,,t,, -rhn r,,l1 ~ c1,cac, sIncc al, man.
np'>o,a't'4' u" "o4 w s'ns@ ~,.A -. '..l
tloheu were men Oh fcpu1atlon huo capac'tYi
md while there was evidently scmo disapposnt-
ment nt The selection made, arising soEciy out
~ ,,c.so,,,i rrcfcrcnrc. MI tl,e j,wTcra vii nm,
~ e,,'". 49,. s.'u ~. s .",
aoantt!ly 10 t'e'1 lu' 0uste lo"a'" pt'uslnR
about tho harmony and cooperation which aro
,cnt oe tho c.tatc. int
whs. ~. nnror h.;1 .o,.n ~. ,.,+ h. .,,,, In
.,,,,,'n,a, tua,,, ,.,,a. 49, sa,a Wanaar .s...s
supposed, from ~1at WINS ea'a MONDAY aatef-
noon. he need hardly expect any other suggcs'
tiona, hu. II there WIS my new phase OF the
c,tt hc shuntd hc onlv too r,ad 10 hear n. II
,an oo,, .,,'t,~o.to5 th,t .,,,o efvo,, r,,,ht \.
u e" ,tn s"A1 ~ eoo o sn4 ~
'''a"o ~ o'nFen'o VIA. wv "seos"'y ~. ~
t,srr. hut be hclievetl sif. Jewett did not make
t''s s,gEcstaon WIN much eonhdehse.
;. MA s.ewett saau NC haa eeen spoken 70 aoons
u "GR'n ~ q large nuhpef 81 uopositors IL tne
ro"i,. bnt Le would say 70 them u was probably
ton late now " attempt 70 Interrupt Tho prt'-
cce'iiilgs ui tho Court III the appointment ot
kceeiVeri but y tue toposttoss eoala heteattGf
a.'ee among themselves now tn,s Jung Should
he lnanaE"l, amt ask u'e ConrE - return
IL 10 INC hanae o. the managers ot tne tAGR.
iron s'iett an arrangement rs they Mett tnhkcl
II eoutt sim be aoile' Nnetncr a!fthinR u
That KIM |o't!a bc pfactlcaoie stn large
!umhcr Of dspos!tors Tsnalnsl to he determined
W t@nrF @ i1a1!ne t'iS cnoll, y ssoy ms'7u ~ ~
~. ~ c'ufsc' II tney cohia uo t1at,-tnaRs
fatEsinttort arrangement ntnoHE tuemsetVcs,-
Tie t,ohR nlaflaRetnohI Woufu Will tae Rreateet
pleasure do What thy desired:
Ths COURT nsAARKED y: A.. r.,
That h. lad g!sen song g. tnSagl!s @ to tbo bond
ie ala hnt RGo" a .aas " WE'VE "eIo a,uoFfhs
iro;t those " e. had alfcndg etpfeeseu' ne
tAought tN0,ooo would seftaIniy be 2x = lure
l"a ne wanted T.. 70 inako Il large enough.
nc dM Hos wlah 10 oo oppressive,
or VI H'ake INC SUN - 'hrEe as
to u!cytnt surl, pcfson as might bc appointed
rom E1flnE tao proper see"T'ty. II ahy one
thinxs stan.uu TOO 'nien-a a'a eats,ie4i ~, u
o'Ehs not 10 he larger tl'ah *nat-l woe'a hkc
Mr. Jc"ett tiouche that amount "as largo
enough.
The Coust-That Is about half tho value Of
the assvts:
Mr.. Irwctt-That IA t,,y understanding,
Tie Court sull 4 was certainly aotG1c the
nn'n''t ilat would ever BE- u, tlle hantis Ut tho
NetclTer.. Il ,s!c ,'a0c II any rcrson had been
suggested VINO 1I.tt lG would H0E liEG kU u1ICr-
Like to give n bond af 100000, tU would 10
obliged If IL wnuld bc withdrawn. lie did not
enI''nse thai my ono llaA beei mentioned who
""nd n"t lie a9le to give that much security;
nnst It ought TO tu given promptly. l take II
thnt you hayc not appointed any one.
Here his iiuuor paused tnr moment 10 let
sntG'ncnt lie nude, hut no ons said anything.
TGfn he ;. Esnt , On: ..,,,. ., ,,,o o.u.,,,,.u ~,
would have H. aes to tu1ne extent upon tlls own
knowledge. II 50 happened that be knew per
soHally ntarly all those named, and there VIA
nut one wlOIl, he did not believe would make
most excellent Receiver. Comparisons would,
Of cps,r;r, he cut OF placp* and improper. lIo
proposed. however, tn til tho blank In the
order Will, mime that had hcon suggested,
vi all knew that le was man
vi caItArIty, man OF prohity, tnan Of
energy, Il mll of torce Ut .lIaractnr, and tnan
tia. could he toulidea III, he was sptjstlel, hy
lfcvcd that those who Werc acquainted will, him
would k,,t,w tia, no money would pass thru g
i.;s anln Improperly, and ,.one retauo.t for any
r1opr.n.ed t"r its proper purpose. it "i.It t.
that soInu already inferred who It was, but II
ailu't ,llat,cr whether They did or not. "i.et
the blank b. tillti," said TIC Court, "by
yiuulaius 4. runpt..t
[sighsl !le lad been Receiver in some very
c,,InpiIrlr.I cusrs III tho court aud his ttoppr
having taken special palns to Inquire, knew that
hr l.l given perfect and cntire satisfaction to
ait ronternc,i.
Alr. Dexter wanted to muke q single remark.
lie Thought 1t Of great Importance, tn v,ew Ut
the excitement growing out ot tlte tulluru Ut the
hatk, that llIett 8lunll bS ~ nearly ~ possible
entire satisfaction with the appointment. Tho
Court had not seen III u, suleet tha nau,e suR-
g+stcd hy tie complainant (Ai,tjaA Ke,thl hut
IL wishrd 10 say liat hs hxl u,ado Inquiry (lIu
WAS mt presumably ucluAIntci with ur. Turpjb},
and was satisfied that he val n.ost excellent
Inun. Ills selection should give entire xutisfac-
ton. lie thought the attorneys present. should
gre the dcp,sitors to understand that t!,s
struggle they lad had tn who should be liz
c.iycr did not arise be.a.sss they thought
,nlu,lns consequences would folios II their In
lifyullt nominee wis not sncxcssful, but arose
from ac,,,luiut taucesLp with aud personal pFef.
urrues lor the man of thciE cltotce; and now
that tbr Court lluu stepped In between them a,l
r,,osc, U tEan-au excellent gentleman, whuus
Tho .ir4alsitnrs Should put thu Ntll0st cunf'lcucs
in-.Acy all believed that whatevcr ought to "
dane wu,.l.l be done. Al tho nolllnator III Mi
Keith 3e heartily ac1ls,iesceti In tte seievtt"n OIL
Or, Tur,Ill, aud s1 y,sel lila brethren to be sat
i,tcd with il, aud to 40 everything they eou!,
possibly 10 hold up 4is hands.
The Cnurt c1pzcsscd bis obligation to Afs
Dexter for the suggestion, adding that he WI
aatisAeti 10 one wuUIt1 be utsaf,hiated.