Morning journal and courier., 1880-06-19
Rev. pr. G. L.. Walker Smokes Out a
 Dishonest Rank Official.

Rev. Dr. Crs Is Walker Smokes Out a
 Dishonest Bank Official.
 Apropos of the forgeries of Mir. Waite, president of the Brattleboro bank, the Spring field Republican says: The first efforts on a large scale put forth for rescuing property in vested there were made in 1878. They re- suited in the retirement of MT. Wilhston from the presidency, taking all his money with him, and the credit for this achieve ment is wholly due to the Rev. Dr. George Leon Walker, formerly of the Center church, New Haven, Center of Brattleboro, and now of Hartford, Ct MT. Waite attended Dr. Walkers church regularly, but, not liking his successor, has not of late been so much of church-goer. Dr. Walker received the first intimation that something was rotten in Denmark from Frederick Billings, of Wood stock. President Williston is Walkers father-in-law and the doctor realized that to lose his investment in the bank and have any stain thrown upon his financial honor would, at his time of life, kill the old gentleman. He therefore, as he has since said, gave up pastorate where he was getting a larger salary and went to Brattleboro for the express purpose of getting MT. Williston out of the concern. After accomplishing the mission he was
 
 fled himself with what he could gather as to the possible shakiness of the bank, and taken ample legal advice, Dr. Walker, about December 1, 1878, went to Waite, demand ed that he should pay up the balance which he owed the bank on partnership account with MT. Williston, relieve Williston of certain other liabilities and take all the stock which he owned in the bank at par. Unless he agreed to do this Dr Walker told him plainly that he should go to Washington, call on Controller of the Currency Knox with letters, which he had already secured, from Frederick Billings Carl Schurz and others, and demand an in- vestigation of the bank. MT. Waite secured some delay and then reported that he could find no purchaser of the stock Dr. Walker continued to insist on his ultimatum, but so closely did Waite conceal any fear or any purpose in the matter that only two days before the annual meeting of the bank, early in January, the doctor reported to friends that he did not think Waite would accede to his terms. By this time he had increased his requirements, and insisted that Waite should also take off their hands some stock in the bank which was owned by Prof. Mather and President Seelye, of Amherst College, and other friends of his, who had long before been induced to invest on the representations of Samuel Will hston, in whose business sagacity they i'm plicitly trusted. On the night before the election Waite agreed to the terms The next day, though some of the stockholders had done their best to get out the anti Waite element in the bank and put in some new off cers, the number of shares represented being therefore remarkably large, it turned out that Waite had secured proxies enough to carry the day, and as MT. Williston retired he was himself then put in full nominal as he had been in practical control of the institution. As it now turns out Dr. Walkers prompt and wise action saved his fatherin-law some SC, 900 or $12, GOO, which he could not have afforded to lose, and left him to go down to the grave with an unsuIlied name.