New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-11-30
NEWARK RANK TROUBLES.

The spirit shown by the deposltors OF the
Mechanics National Bank of Newark, III their con
certed action to bring civil suit against the d.
rectors has extended to the stockholders OF the
ruined First National Bank of Newark. representing
$500 OOOrO of stock with equal amount OF assess
ment The First National suspended IN Jane,
1850. There was between 100000 ana S0O0,OO0
OF deposits, and this had entirely disappeared and
was never traced. The bank was organized June
90 1858 with capital stock OF TJOO,O0o. but on
account of the dishonesty of clerk named Doyell
the capital stock was reduced about two years be
fore the suspension to 100000 The directory
was composed of Jabez Cook, Charles y. Lockwood,
William b. Murphy. James NJ Bruen' John Nc
Gregor. Walter Greason GeOrgc Is. Jenklnson and
James J. Dickinson. The cashier was James a;
Hedden, who was indicted, tried, convicted and
sentenced for seven years to the state Prison Five
directors were indicted also: Jabez Cook, John
McGregOr James j. Dickinson, Walter Greason ana
Charles n. Lockwood. There were several counts
in The Indictment Their cases Will come mp next
January when, under a recent ruling OF The courts
that evil intent must be proved and not inferred,
they expect TO get clear. When the condtlOh oil the
bank was ascertaned, Garrett Hobart, of Paterson,
was appointed receiver. lie assessed the stock
holders 100 per cent on their stock which was
paid. The stockholders have now made lhe s re-
ceiver their representative, ana the latter has hed
n bill in the United States Circuit Court at Trenton
1Or the purpose of bringing SUIT against lhe dIec-
tors of the bank. Yesterday papers were also
served against the directors IN suit by the estate
of George NJ. Dawes to recover the value OF stock
held.
Receiver Frelinghuysen, of the Mechanics Ma
tional Bank, has received letter from Isabel +.
McCreadv, stakeholder, asking him TO bring suits
bank lost through their neglect. The receiver has
made answer yet.
Alfred Lister one of the bondsmen of Oscar
Baldwin, having notified to the authorities that he
desired TO withdraw from Baldwin S bond the bond
was renewed Monday III the United states
District Court at Trenton. The remaining bonds
men were made responsible for the whole amount.
an attachment for $40, 800 II has been obtained
from Judge DODOhue of the Supreme Court, III this
city, by Receiver Frelughuysen against the proper
ty IN this city of Henry Il. MaTchbank the LATE cor
responding clerk of the bank, on the afnGaEit OF
Isaac A. Lewis. the expert who has been examining
the oks, in which ii Is charged that Ma 'chbahk
cmbezzled that amount from the bank. The papers
have been served on the GalvanO-Faradic Manutac-
taTing Company. at No. 2SS FOurth-ayc., Of which
MT. Marchbauk was president
A MINISTER WITH a CHECKERED CAREER.
council of the Congregational churches Of
Brooklyn and its vicinity met yesterday IN the
First Congregational Church of New Lots. l.. l., to
examine and install the Rev. Ii. y. wright as
pastor OF the church, in which he has preached for
n year. Eleven churches were represented. Mr..
Wright entered the ministry under the Protestant
Episcopal Bishop of Vermont, afterward became
pastor of Methodist church, and subsequently
served Presbyterian and Congregational churches
In 1876 he became pastor of the CONGREGATIONAL
church in Worthwhile, l.. |. Its members were di-
Vided IN politics, and several years before the
church edifice had been burned. -Four months after
Mt Wrights Pastoratc began the church was again
burned and he told that If be had stirred from
his house on the night of the fire he would ave
been pitched into the flames Mr. Wright and his
wife were afterward arrested for setting fire TO The
church, but were acquIJ ted, and he then brought
large number of suits for Islander and false impris
onment Mr. Wright admitted TO membership
in the Long Island Congregational Association, but
his certificate of membership had aftcrward been
fraudulehty taken from him and revoked III his
absence. These facts were laid betOle the council
and then Mr.. Wright was examined by DR.. Beecher
and other members of the council on his theological
views. Ii was voted to sustain Mr. virgins eX-
animation and to reOTdan him before installing
him pastor. The ordination and installation
services took place last evening.