New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-15
FORCED TO SHUTTLE DOORS.
frou,ipued from First PngeJ

through an elaborate brass gaze iu'o ein"''
adjoining that of the directors Into TINS ano'he,
~sraow onened from the tellers desk, and
che two tellers divided their attention
souallv between the two lines In the Gen.
ire of the room stood Police Captain Williams
Good order and good humor prevailed, though some
of the depositors were kept slowly moving on ior
three or four hours in their weary march from INC
payement to the tellers desk Assistance ~ as'ras'
line of some three or four yards. 49,
Meanwhile there was constant counsel IN .ho
directors room. The massive hgufe an" ~
kindly face of Amos r. Emo were constantly '' o.:
bic Sometimes he was in consuitaIlou w
son Amos f. Eno or with Henry A. hur'ouV ""u
Apson Phelps Stokes of the board OF directors u
- p.os;asnt lanes A. Trowbndge, who was
80 Co, sbort time ONLY the condition of affairs
a. We'll Street recurring his presence down 'o"h'
rur RANK EXAMINERS FAVORABLE Khfo"i.
rar,,, In the morning Bank Examiner serbia
made an examination of the books. lie eNpresSou
h,nse,f as thoroughly satisfied with the cohoit.on
of affairs and highly comphmented Amos IT, H"o
and the rest of the directors Tor the noDie way
IN which they had stood oy the panA,
Fxomner Serbia made brief statement, OF
,rhich a conv was sent to the Stock Exchange,
where II was read from the rostrum. Copies were
also nosted in the bank windows, and this action
did much 70 reassure timid depositors The state
meut was as follows: 800
-"> NETWORK, May II, 1894
After an Investigation OF the affairs OF tins nas a
satisfied it is perfectly sound snu SpIp
ci'lon' National Bank Examiner
ono.or,, Fo,oar also called at the bank during
The morpng and expressed TO Amos K. Emo ms SYM
.,o.hv, ,vitb him and admiration of his conduct.
Toward . o'clock many of the persons III
line fell ont and betook themselves nome
ward either having become cohNinceu VI
the banks solvency OF seeing that II the uoois
were closed at the usual time they would nave no
chance of reaching the paying tellers desk. Con,
trary to general surmise however, the doors sun
remained open when o'clock arrived Al hoor la'e'
The line did not extend beyond the oooi,
II took over an hour aud half longer TO pay all
those present Attwenty minutes to IT, j. . Chse
aud his assistant the worn-out paying
1ellers. closed their wicket and the doors
were barred Throughout the day, how
ever. the receiving teller had not oeeh
idle. There were many depostors WIN
placed large amounts to their creoi', anu
when a hasty summing up was made 1t was iouno
that the deposits exceeded those OF the day peIore
nv nearly one-half. Messrs. Hitchcock d Daring
of the Fifth Avenue Hotel deposited about gao ooo
Messrs Park 81 Tilford over SlOooo ana her,e'
Brothers large amount. a ne" accoun' was
opened with the bank
Ahout 2 o'clock coupe driven up and
! w. Pjnchot, bearing a large parcel Whlch
IL
IL was understood contained bank pil'S'
entered the cashiers room. This fact soon became
WHISPERED about. and several weary depoSitors iei'
theranks A few large depostors strolied IN during
The afternoon and chatted with one or another OF
The directors One of these said to a TRIBUNE re-
oorter that Arson Phelps Stokes hah stated Una.
Amos X. Emo had early III the morning "oPo'i'''
81 OOO, 900 in the bank.
TALKS WITH THE PRESIDENT AND DIRECroEs'
IT, the meantime rumors wererfc concerning J0hh
q Eno's retirement from the presidency. James A.
Trovbridee. the new president OF the Second Ma
tional Bank SAID to Il TRIBUNE reporter: Inc ue-
felt has been made gold by the directors ana thefe
,spo reason why the bank should not go on sue
cessfully."
"Wlll the directors see the bank through any
trouble that may arise"
Certainly. All are wealthy men, ana nav ing
lifted the bank out of its present diihculty they are
not going 10 abandon 1t and lose what they
have mt in But there is no Likelihood OF any
fnrtber serious trouble. The bank is now thor
oughlv solvent and able TO meet all Its hao'ii7
ties"
"What was the amount of the deficiency caused
nv the operations of cx-lhesident Emo
..That would rather say nothing about. w nat
evar thc amount was the deficiency has been made
good. aud Mr.. Emo is 10 longer an oilclai Oh th'
hank That is all the public are interested Ill
knowing"
Arson Phelps Stokes said in answer to ~
quires;
Ibaye nothing to say regarding John Eno's defaca
tons II would not become me when the n9Ie nihhti u
which hi, ia her, Amos Il. Emo, has come forward II b
into account can only say tnat sIT Sn ana htvonS
tat do moi see that any details necessary There
only man with whom we can nu iha on 1, s6
gohn c. Emo but a. say, his Idthers "oDe Vo'"''
ali our mouths completely
Henry A. Hurbut said
The bank is perfectly solvent ana depositos Wi'i %
maid ali thoir claims There has been pald ou' tOu1l
SonI 500 900 and about much more Is on hand ~ th
bank There another hafnilon 10 our cur cIS III
The %ssrity Of the,e ar only he S sma
satisfied as to the banks s3Ih b p tnav As 70 thu
deiacaiions do not care to speak At eigtn JGia
,nent but in view of the noble conduct OF his tater
think no steps will be taken AGAINST MN Lac oen'rnc!
amounted to about 81 100000 Amos X. Emo and som
.tber stockholders made that good between them An0
r. Emo also deposited 81 ,0000O0 IN the bank TINS morn
sng and expresscd his readiness TO deposit the sam
amount tomorrow and the day after If found necessary
deeply geved at the want OF Iaons Bap is an al
snirable institution. and should DC sorry 10 see
crippled ...,uoo :. ,r.s ,oorrod that Amos X
Emo had handed over to the bank $3,30OOOO IN
secur;tles and that the further sum OF SoOO,ooO
Yeonired had been contributed by the directors.
Amos r. Emo refused to make any statement for
ratification, as did also his Amos F. Emo.
The number of those who Withdrew their de
posts was nearly 500. Several inquiries were nad'
for missing messenger boys Ohe uoPosi'"i Ii
trusted check for $40 TO boy i'll the forenoon
Late last evening neither boy nor money had turne'
up. Another boy disappeared with a certified
check.
Amos r. Emo during the day recorded an lnstru-
ment. witnessed by William Walter Phelps revok
ing the power of attorney given by him to his sol
John c. Emo in 1873. and also revOking all power
of any Kind or date heretofore given to him.
TuE pIJENJY RANK SOIT%D
GUMORs THAT II WAS IN TROUBLE WITHOUT