Butler citizen. [volume] (Butler, Pa.) 1877-1922, 1884-05-21

aggregatlng over nine hundred dollars
the liabilities of Greer to the bank are
shown by the following:
First National Bank Circuit Cour
of Butler, of the United
VS.. States, Western
John NJ. Greer. District, No 6:
Noy. T. 1879.
Debt S4,99l.62
Interest from Jan. 80. 1879
First National Bank Circuit Cour
of Butler of the United
VS.. States, Western
John Nj. Greer. District No 81
Nov. 7. 1879
Debt 81 900.
Interest from June 2, 1876.
John NJ. Greer for Common Pleas
use of III. B. Cul- Butler Co, No
lum, Receiver, VS. 274, Dec. Term
Thomas Robinson 1879.
Debt $3,266.95.
Interest from July 80, 1879.
Chas. McCandless and Common p
John M. Greer for use Butler county
of IL. b. Cullum, Re- No. 259 Dec
ceiver, VS.. Term, 1879
w. Ii. Colbert.
Debt 81, 423.40.
Interest from Jan. 80, 1879.
First National Bank Circuit Court
of Butler, United States,
VS.. Western Dist,
L. M. Cochran. No. 63, Nov.
Term, 1879.
Debt $2,S68.43.
Interest from March Is, 1879.
Greer was endorser upon the notes
on which the judgments against Rob.
inson, Colbert and Cochian were enter
ed and on the Robinson note Robinson
got the money, Upon the two notes
made for Greer on which the two first
judgments were entered and amount
ing to S5, 99l, SO not one dollar has been
paid. Robinson claims to be entitled
to credit upon his note of So, 226.96
for some political services rendered for
the bank in connection with the Har-
vey & Co. Distilery, although his
modesty has heretofore prevented him
from naming the amount, though press
ed to do so. No credits are on the
note No credits except $4,000 are on
the Colbert note of $4, 1873 40, although
at one time there was 1000 barrels of
of oil up as collateral on it that was
abstracted by some of the bank officers,
and on the Cochran note Greer paid
some 81 500 and the receiver took his
note with that of W. III. III. Riddle and
a mortgage for the balance, and releas-
ed Cochran. This note and mortgage
has not been paid. No other pay
ment has been made upon account of
this large Indebtedness.
Neither Cochran nor Colbert ever
got one dollar from the bank upon the
notes signed by them. The money
went into Greer's pocket They were
induced by Greer to sign the notes for
him, Colbert being in his Office a stu
dent and without property. Greer's
own especial individual Indebtedness
to the bank amounted when it closed to
$l3, 283.45. But it will be asked in
what manner this Indebtedness was in
cured dishonesty. Had he not the
right to borrow the whole capital of
the bank if the bank was foolish
enough to lend it to him
The officers of the bank dealing di-
rectly with Greer when he got these
were not the only persons sums
interested in the bOnk. If so they got
what they deserved, but they we're not
Those in interest may be divided into
two classes. To the first class belong
those who know or can know and
ought to know all about the bank bns-
mess, to-wit the board Of directors,
and to the second class belong those
who don't do the business but invest
their money in the bank, to-wit: Stock
holders other than the directors, and
the depositors. These men and women,
however, had reason to feel easy
about the matter, for was there