Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1880-06-18

q few days ago he asked a loan Of s 10. 900 OF
q. II. Newman Of LasthamptOu Mass, and
offered him $50 600 IL stock for security. but
the offer was not accepted The note signed
by Frederick Billings. and OF first hoped TO be
genuine is q forgery. There are rumors OF
special deposits Of bonds having been taken,
but al this time We arr not able 20 verify
them. The amount Of casl which Mr. Waite
has taken with him il believed to be $500.
As reliable an estimat, OF the liabilities as
can be arrived at Is this
Capital stock. $500 600
Circulation 10000
surplus which never existed $1,000
Deposits, 10000
500. 900
The capital stock and surplus ART Of course
wiped out The circulation Is secured by
SlOu, 600 Of bonds deposited IL Washington
These bonds are worth premium Of Say &
per cent, which leaves some Sl4. 900 10 Hp-
ply toward the demands Of the Deposition
There are also some $4,000 or Sls. uOu Of
good notes. and there Is the whole OF Mr.
WaItes property TO apply on the same nc
count. Should no new development arise 1t
De- possible that enough may be realized 70
pay the uepositors without al assessment OF
the stockholders. 1t was Nj Waites Gus
Al44.. uOhtNtIt 10 receive interest btATlDE Qt-
posts for which be simply gave "a receipt
written OF one Of the bank letter-headiugs
probably without entering them OF the books
Of The bank, and it is feared that a trouble
some amount o. such liabilities may IL time
SNOW tlemselyes We speak entirely within
bounds when We say That 1t j. moro than
probable that it viii bs found that 40 forgery
and defalcatou IN New England has over
tqualed tins IL comparative extent and
amount.
NorEs
Our statement il regard TO Coy Heudet'.
course IL unearthiug the villaiuy more than
VudIcate- hin! from the irresponsible charge
mad, against Lin IL the publ. pglut. Lead.
ing bank men III this village ASSN, %. o.!
their belief that Mr. Heudcl Aas acted with
the greatest wisdom and competency a. ia.
matter c. \ Davenport undertook or the
street on Thursday afternoon TO read Mr.
Hendee q lesson OF lis official duties ~ re-
ply to which that gentleman. with Impertur4-
bic GOODNESS emphatcaliy sat down OF tn,
ofhcious attorney to the great delight Of O
crowd OF 100 people or more.
i i- not believed by competent lawyers or
experienced bank men that the suits against
the dircctors. IL behalf OF tho stockholders.
cal be made to hold To max, the director.
responsible they say there mus; have been
guilty knowledge OIL thoir part BY many
people the attachments Of IL, director. prop
ert. and IL, placing Of receiver IL Il C.
Willard store Is looked OF a. q piece Of folly
or personal persecution. The director mus;
be held morally responsible However. for
weakly allowing themselves 10 be blufied and
bulidozed n has been the case.
Nothing ls certainly known Of Mr Waite r
whereabouts One account SAYS ht wa seen
IL Portland last FRIDAY by gentleman who
knew him and talked with him OIL general
sublectA- Another account claiming 10 nav,
some foundation. SAYS he l. IN Cuba III, idea
thai he has committed suicid, or will do SO
is generally given up Intimate friends Of
the family Ray that 80 man wa 50 fully post
ed a. 20 eItraditOu laws with all parts Of To,
world as was Nj Waite.
Eum0rs that Their, had been d settlement IL
the organ cast before Ny Waitr's flight ar
without foundation. il Is understood that tn
suit mus; 60 OIL 20 "a legitimate termination. u
the interest Of the ruined bank CREDITOR
II j. stated TIN. morning that an goods
trU IL this village hhs made al attachment OIL
Mn Waite household furniture 10 cover d
small debt We hope tins IL not the case
Dr. Rockwell returned TO Brattleboru last
evening accompanied 10y Hon J n TYLER
He brings 10 nov developments which are Vet
lAhut puuLt tInkeTlou p detective agency
hA- been put a, work OF the case % try 70
md Mr. Waite. and the directors reward o.
5000 for his arrest II published IL tn, asso-
clatcd pres dispatches TIM morning Gov
Hendee official statement hAs been cumplei-
ed and forwarded t. Washington Its receiu,
10y thu department viii be followed il du,
time by the appointment O. receiver
Ireuor W PArE and III, Taunton Locomo-
tive Works pronounce the paper bearing Their
naluer forgery.
The stock held IL Bellows J Alls amounts t.
S25.u0U. About 5000 Is held IL WestmIu-
steT " est