Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-11-28

entirely discarded and straight out and out
charges are being made. When Mr.. Nc
Caffrey was seen he said:
M'cAFFRBY TALKS PLAINLY.
"I have claimed and now think can
| prove that the bank has been insoIvent since
! November 4 Since then have made de-
posits amounting to about 81, 900, at five
/ different times. When went to make nv
deposit on Thursday morning last it was 9:O6
o'clock by my watch, and the bank was not
open. / kicked on the doors, and they were
opened. There was no hesitancy on the part
of the bank officials in, receiving my money.
/ intend pushing the matter, and / don't
think there will be any difficulty in securing
a conviction.
Senator Upperman, who is interested in
the depositors' committee, said his COM
mittee had done nothing yesterday, of any
Importance. Just as soon as Attorney
General kirkpatrick can meet them, a
committee will go to Harrisburg, to have
conference with him. At the meeting In
the Lawrence school, Friday evening, which
will be confined exclusively to depositors,
the committee win make a full report Of
what they have done. Nothing has been
done yet looking toward the appointment
OF receiver TO take the place of Assignee
McKelvey, but Senator Upperman said it
was still the intention to make such move.
The members OF the depositors' committee
denied emphatically, yesterday, the inter-
view with President Young, published yes
terday morning, to the effect that members
of the committee had seen him and talked
with him at Attorney McCook's Office.
RUMoR VERY RIFE.
A great deal of talking was done among
Lawrenceville citizens last night. Stories
of all kinds could be heard on all sides.
Mr.. George Flaccus, one of the Directors of
the now defunct bank, said: 'There is no
need of so much fuss over this matter. There
can nothing come of the cases against Presi-
dent Young and Cashier Hoerr. / cannot
understand Mr.. McCaffrey's motive in
bringing the charges. / saw him in the
bank Yesterday morning talking to Presi-
dent Young. They were on the best of
terms, calling each other "Billy" and
Tommy" and so on. / guess the size of it
is Mr.. McCaffrey wants little free adver-
tising, or little notoriety, and he'll get it.
Mr. Upperman is evidently making himself
prominent for political reasons. He wants
to let people know that he is acquainted
with Attorney General kirkpatrick, and is
anxious to show of. 1 have known Mr..
McKelvey, the assignee, since he was very
poor bov. He is perfectly reliable and cap
able of filling the position to which he has |
been appointed. have all confidence in |
him.
THE STATE HOLDS ALooF.
The following special telegram from Har- |
risburg indicates the probable attitude of |
the State in the matter. Deputy Attorney |
General Sandersou was asked by THE DIS |
PATCH correspondent tonight what prob |
ably would be done by the law department |
of the State If an application were made for |
the protection of the depositors of the Law |
renee Bank against the holding assignee. |
He said he could not see how the matter |
could properly come before the Attorney |
General, as ample means existed without
the intervention by that official, to invoke |
the aid of the State in establishing the |
rights of the depositors. Thus far he said
the department had received no information
that it would be asked 10 interfere in the
interest of the many who had suffered by the
failure of the Lawrence Bank. Attorney
General kirkpatrick is confined to his room
at Easton with rheumatism, and will prob
ably not be fit for work until next week.
THE DEED WAS FILED.
The deed of assignment made by the
Lawrence Bank to William M. McKelvey,
was filed in the Recorders office yesterday,
by J. E. McKelvey, ESQ.,, brother of the
assignee. The assignment was made out
and signed by President Young and Cashier
Hoerr, of the bank, on November 26.
The assignment is of all the property of
the bank, real, personal or otherwise, and is
for the benefit of creditors The assignment
is bv authority Of the holders of more than
two-thirds of the stock. No statement of
assets or liabilities was made.
Yesterdays transactions are considered
very important, as it is said BY many of the
6epositors that If President Young and
Cashier Hoerr are convicted more suits will
follow.
The Messrs. Wainwright secured their
box cf securities from the bank yesterday
morning.
Assignee McKelvev was seen. He said
be took what money there was in the Lawrence
Bank yesterday and deposited it in a safe
place down town. He refused to say where
he had taken it or how much there was of it.
BE left the money that had been placed in
envelopes, as he considered he had no juris-
fiction over it. This is the money that was
deposited on the day the bank closed, and
It will be returned to the owners. Mr..
will probably engage an expert
tomorrow. He has one in view,
1ut he declined to state who it was further
han to say that he lived in the city He
could not say when he will petition for ap-
Draisers. Everything is moving along
smoothly and satisfactorily, he said.
President Young, says that some of the
people who are loudest in their denuncia-
ion of himself and other officers of the bank
ire men who owe the bank. He reiterates
hat indiscretion is the greatest crime that
an be imputed TO the MANAGEMENT