Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1883-07-20

past. have done much to aid him. But he
has forfeited claim to credit from you, and
II he stated to Mr.. Turner that lOans had
only been made upon two occasions, both OIL
which were to me, can only say that do
not understand to what he may have intend
cd to refer. Mr.. Haven may possibly have
said to MIR. Wilbur that he had no pass book
at The bank. Whether he did or not, there
has always been such pass book, regularly
showing deposits and checks since December,
1881, is before me as write. This book,
| which Mr.. Wilbur volunteers TO say was
made during half hour or an hour, identih-
cd by the initials of Mr.. Cutler, contains the
handwriting of five different persons who
have been employed in the bank at various
times /; has been balanced repeatedly, month
ly balancing not being customary at Rutland,
has been kept as all our pass books are, de-
posits credited when made and checks charg-
ed when balances struck, and shows actual
facts and nothing else. Why MIR. Wilbur
should seek to accuse me as bank president
of manufacturing pass book to deceive,
can not imagine. The book itself is open to
the inspection of any stakeholder, and mo-
mcnts inspection will be enough to over
throw this malicious invention.
| can only say that cause which requires
such weapons as are here used against me
must be desperate indeed.
A new invention in the way OF gratuious
legal libel has just appeared, being bill in
equity, sworn to by all the Clements, charg-
ing your present Board of Directors with a
secret purpose to issue a quantity OF new
common stock in order to carry the coming
election! They have actually gone SO far us
to obtain an es-pdrte injunction restraining
each individual director from participating In
such scheme! An idea which has never
for a moment been entertained by any one,
which is so impossible to be done that the
suggestion is ridiculous. tits worse than that,
it is outrageous by such methods TO attempts
to blacken the character of men whose names
YOU know so well. But can not refrain
from suggesting that men who eau invent a
scheme like this if only for the purpose of
charging it on Others are hardly safe custo-
dams of your corporate affairs.
conclude by saying that since the former
statement was made, the fact before suspect
ed has been proved, that at the time of the
purchase by the Clements from Haven of the
3170 shares of spurious stock for which they
are seeking to hold the company responsible,
they saw upon the transfer book the transfer
by Mr.. Haven Gas an individual, not as treas
urer), to F. w. Clement, which show for it.
self in its margin that no certificates of pre-
viously issued stock were surrendered, and
that the transfer claimed was mere manu-
facture.
In view of the well known character of
the Clements, fairly exhibited in the methods
they have continually pursued to defamc me
aud break down my business relations, OF
their adversary position to the company,
claiming demand equivalent to full semi.
annual dividend and more, and of the studi-
ously concealed but obvious relations be-
tween this firm of brokers and parties hostile
to the company, shall regard the success of
their raid as the greatest possible misfortune
that could befall our corporation.
JoHN Is. PAGE.