The New York herald., 1879-03-12
MANHATTAN SAVINGS BANK.

RESUMPTION OF BUSINESS ro-DAY-AN ORDER
FROM JUDGE LAWRENCE REMOVING THE IN
JUNCTION.
The Manhattan Savings Bank closed October %.
the day after it was robbed and to-day ii will resume
business after enforced suspension Of over four
months. Though closed against public business,
its officers all along through this interval of dleness
had busy time Of it. or as Secretary Avord OF the
bank, expressed it yesterday the "brtses idle time
they ever had. They now in an ineffably serene
mood Of mind, from President Schell down to the
janitor. They lost much valuable time. 1t il true,
and suffered immeasurable worry but they feel 30
solid and set up again that they entirely forget the
dreary memories of their period Of suspension.
At meeting of the Finance Committee of the bank
on Monday the following preamble and resolutions
were adopted:-
Whereas at meeting of this committee held Decem-
ber 20 1878 resolution was adopted requesting the su
General such action as they might be advised to
extend the time OF payment 70 the depositor as TO
proceedings had BY the Attorney General the
by which this was restrained from max
ing such payments 70 depcstors until the question Of
either original duplicate, should be settled and where
United States have BEEN issued IN place Of thosS
stolen from the institution u 10000 Of WHICH du
sS sess the
q state o. New YORK having also s
the city OF New York ali which have
received and in possession OF the institution
and duplicate bond Of the State of Now York having
been issued in place Of , the stolen and which duplicate
shown by statement submitted by the officers of the
don OF the institution Of the 9TH of March inst there
say. Si44, ts6 al; therefore be IL
Resolved That the superintendent of the Banking De-
partnlent tho Attorney Genera of the State rc
quested to take such proceedings be
the said Injunction by which the Institution
strained from paying its depositors and from tho transac
In compliance with this request Mr.. Lamb, State
Superintendent of Banks, had interview with At
balance sheet of the bank. displaying surplus of
$356,000. which convincing evidence enough that
the institution in Position to pay all its depos-
to the Supreme Court and Judge Lawrence granted
order as follows:-
appearing satisfactorily by alton Hon.
H. L. Lamb. Superintendent OF the Bank Department that
possession Of all its registered United States State OF New
ork aud municipal bonds except SsuOU United States
United states and is entitled to those bonds and
that the institution solvent and able to deposit
demand, and that the Injunction safely aud
regular business of the institution resumed IL Is hereby
stipulated that order maybe entered vacatng the in
granted herein and dsconnuing this order and
that the Institution be permitted to It's usness
President Scholl delighted when he saw the
order and his face for considerable time after
wrcathed in smiles. He said he ready to resume
business at any time when the injunction
after the doors open, but there will be
siderable business after long rest yet everything
in such admirable order that he thought they
could discharge more business In Q given time than
almost any bank in the city,
Tho doors will be open from ten A. M. till four