, 1881-11-30
He Wrote Several Checks Which tho
Bankers Failed 10 See Fit
10 Honor.
Consultation Between the Directors
and Stockholders Of the Boston
Pacific Bank.
President Bcnyon Exoncrate,1 from All
Blame In tic Matter By Bank.
Examlncr Nccdham.
Danford, the Kansas Fiuauoier, Still a
Prisoner In the Hands Of Angry
Creditors,


Prisoner tn The Hands Of Angry /
n,,1,.o., |
a"''"
=. ---
T,,o 1,,s,lcut.te. ot t.rnuls Mcdowell. |
yn<,,ot nt,putrh tu The CHICAGO Irtbune.
.vn, .uv,rt,. III Nay. .st-Tbe resignation OF !
=. II n. Mt1,owull nv Secretary of tue Stntu Ill.,
,.,a, ~ ftur. ..,inttst,c. Inst Frl,,ay nccasoncd
s,o a,,rrr:s,, anI considerable comment, cspe-
,,,,,,,,, a,n,m., ,hnsr ram;llur with his recent
,,rnr,,.l ,,,,.r,,lon, md vnve rise to thu sus-
,,it,u, tint he Inn, l,rcn r,tty Of sottlt sort ot
:. frfo,. ,.I ,vtr IN t,r,uuctton with the funds
of lin iumrt,. THO resignation was not voluntary
,,nuu N. nurt. hit II docs not up
rrur ,hnt In tomuured with tho runus
~ ,bu 1x,or,. rho burcnu ts allowed
m a an,ro,rIn lion OF s:,0JD per unnun. Or this
o,n",nt si .Nurs, II, In act auart for the Sccre-
,nrr's .nInry, a,,,t Ain ench fnr the cxpc,lyrs of
~. +,,.. commissioners IN ntteutlInx meetings,
tti. this leluv ,t,,. only compensation they re-
1,tv,' rh,s ,uv,.a In, a ftD lur tic Incidental
,.x,,r,,.t.. of tho b,ard-pcri,aps half nj
whrh IL urccssurIty cou.utncl for post-
ny, Mcthwe,1 secured hs pnsltIon
,vhrn the b,or, was urru,zcd, III EcptpuI,nr,
1s.9 f,r haa. ,tnt,l w,,hIu the inst six
,unr,ha, yIv,n sntsructou IN bis position. st,ot.
nr,sr yc,tlnr INN ntIiuc Mctluwo,l sturtpI tho
t.rrn1"u H"i. which hus proved u htwyy ivnd
,,rnu him. demanding MI bis time nlld
n,,s,r,,,nv au bts sn1nry 10 keep It atlout.
a. f.r mnrths prn. being hard p1shc.!
-, nj. cr.1Itors. In ,rran tu morrow
r.irbt ontf lift having when obliged to hy bt,r-
r,,stns III ntl,e.s, mid scclred intns By. giving
checks when hc hlH IN funds W the hlnk 4,
Inject tnef. 1ncse tIus"1os % w ,.,t.,,aSa ~ Mh"1
s1 ~. VIA iset nrt, nrrt, pnI,l. uttt
there rp Il tu riIer of officials aud enploy6s sIf
the Slate prpafttnr1t, two lnenlcss of hts
board, and politicians an.l businessmen acre
md tl:.whers, who hMve uecn!nfnouaftn
Mcdowell With what they sIpp'lse'! ~
ne merely svnpor"ry ans, so ior trsnc,i wnisn iiney
speedily ruined MS credit. an1 IN tltny ose:.-
s!osIc4 rat'lp'aths 10 lno COMMISSIONER WY.
a,u,wrll fruit, optalu.nx i,,rther ls',:s uf this
,ntnyo thtss.lxM she ~ i Iis hs!ta y a. W crtr
sp IS sceer se an ls t"r M m nskns s u tic
Leere. ns Mo!ines @ nu
K!ssia,' ni CnenKe',,y, hore rss"ntI Hs. Io Sd
isr.. "a' s a nai ios neaihs wholly neSieeted lis
s ',,t sa.aaars %f ss 'ss son os'' Tasy se
tvrl,,lxIy lon.andc4 nss rcsfg'atio,', whlei! WIS
presented b: t.,.,l. M spsein! meeting could 10
- --.
slctln- for Facts in the Boston Pacific
s..<,,, o,.s,.n ssa,,M Mater; ts,.:.. r.,.u
sPFe'a' o''pase" 20 O. '"e e"'eaao .'1"ne'
nosr"s, Sov ,to rss Paas ,s eans h reaGiss ,s M
r' " .,'a n rs,n stocxnn,dcrs mat for cons,l,n
tton. President Henyon anu Thend0re =. Weeks
WE'RE 10th prfsent. MD there were Rharp and
t,an ~, t,,,ci,,nx ~ ncnynna ,o,,rxc. lie met MI
4e'c t'l'u.s TUE, y. ':,s " ..sys'..,..o,s ~ ,.is
the hosf'le views WIN cSpianat'ons VI n,s
course. which made Il fNturuhlt Impression
,,pon sot,c at leest Ut to directors. AIr. Weeks
.rnrt+a.r, hmsr,r M bnfur ub1e to INV of tho
81, ~ ~. no.a IN t,,a m MI ,,ro,
ln' ah'us'nt oi hls inaeotcuhes8 :" she malA ~ pro
vldpd lime ehDMl,l bo given hin. tltS nsscta
he rcYurtled ns su1taIcnt to cover uIl his
1iobtjlt1rs If ho was mt Obliged 10 .ttspose ur
.mo'is' ~ ""o IVY ~ no.. .,.,at ttnt -, n
mnrkct valnc NJ weeks Securities NJ lug aase
OF the hanks aaspehs'of' "as ss.eu"n. s1't atlo
tnere "as oerroWca upon .nshl s",osoooo' nnans
Exnm1ner Ncttlhhm went belero tno mee''ns
md exQncrate1 tho Directors IRAN RESPONSE
b'l!sy fer the condition vt tho banR. saying thas
tho funds sxere used by Hen5on III sach
way Tint tho Wrong-dolnR coulo hot
Iny4 haeu 1SenYGred l1fQrU tho UG-