The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-04-30
SAVINGS BANK TROUBLES.

THE RUN ON TIE DRy DOCK ENDED-TEU-
INrEREsTs-A RECEIVER APPOINTED.
All signs OF the run sne Dry Dock Savings Bank,
corner OF the Bowery and Third street, have dissp-
pearsd and tho Office has resumed It's accustomed
quiet the deposits excess or the payments,
and twenty persons called during the day with
their accounts. The sixty day rule stI enforced.
Al the German Savings Bank, corner OF Fourth
avenue and Fourteenth street, there long lines
OF depostors drawing out their money Saturday,
but The crowd was not great The numosr Of
callers amounted to about hundred and dity, and
the drawn out less than 900 against
$500. 600 on Saturday.
At one O'Clock y meeting Of the depositors OF tho
Teutonia Savings Bank held IN Coucordia Hail.
No. 70 avenue A. Tho meeting was we'll attended,
ovcr i've hundred persons being present All carried
their bank books, which served to gain admission
Francis Eurlng elected chairman and henry
Gottieb secretary. Mr.. Euring made long address
iu German, relating the circumstances OF tho
banks troubles. Ho said that the attorney of tho
bank had appeared before Judge Wcstbrook, AZ mud
son, and mado no objection TO the appointment OF a
had lett tho whole matter in tho hands OF the
Judge. Tho object OF this meeting said tho
speaker was to appoins commit.ee oi three 70 wait
upon judge Wcstbrook and confcr with him IN
regard to the selection Of receiver One sh. uld be
appointed. he ended, who understood the German
lang uaee, oil the creditors OF the bank
Germans meeting OF some OF tho larger deposit
had been held on Saturday night, aud they mad
taken the hberty to telegraph to Judge WestbroOk
guessing him TO deiay the appointment OF receivcr
until he should hear from general meeting oil The
depositors. MOTION was maue 10 appoint u commit
toe OF three for the OBJECTS named by the chair.
man, but amendment carried that
u committee Of seven should be chosen.
The FOLLOWING persons were then nominated ana
unanimously elected Charles Boss, J. Dauschcr,
Felix Horn, J. h. Tamscn, Frank SeIles, Joseph
Brul and Charles Jung. The president Of the moe L
ing. Mr.. Francis Eurng, aud the secretary, Mr. Gott
iicb, were uftcrward added to the committee er
oDict0 members The depositors meeting then ad-
journed. Immediately aitcr their adjournment the
Committee OF Seven met appointed the iollowtug
subcommittee visit the Bank superintendent ut Al
bauy aud Judge WestDrook, at Hudson Charl les Boss
chairman, j. Dauscuer ana Felix Horn They IN
structed to ask for the appointment Of receiver who
understands German and who would ne In the itter-
esis OF tue deposiora They were also ructed To
suggest tho following named persons, uny one OF
whom would be u receiver satisfactory 10 the dcpos-
itors -Genvral Unl General Scnwafzwacld,r, Presl-
dent OF the GermanIa Bank, aud Micuael J. Adriun,
President OF the German Exchange Bank. Tho SUB
committee lett Tor AIDnny last night ut SIX O'Clock
RECEIVER ALRkADY APPOINTED
That the abOv. proceedings were somew hat blindy
conducted may be by tne following despactn,
ceived last evening:-
RoNDoUr, \. y, April 20. 1878
Judge Wetbrook. after hearing order show
has appointed James ID. Fsn, President Ut Marine
Bank, receiver OF the feutontA savings Bank.