Evening star. [volume] (Washington, D.C.) 1854-1972, 1892-08-27

Action Of the Branches in a Number Of
Cttles

u
| Citles.
Judge Breezy in Philadelphia decided Il
accede to the application for q receiver for tn,
funds Of the Order Of the Iron Hall in tina
state. and named District Attorney George 8
Graham rs receiver under both bills. Tn,
judge disclosed the fact on the bench that h
was himself q member Of the order, and sale
that he would not think Of giving q decision
unless the counsel on both sides should signify
their assent There was no objection raised
the fact being known before the application
was brought
Officers of the seventeen local Iron Hall
lodges in Chicago have decided to hold on to
their reserve funds without going through any
legal formalities. The members have reached
the conclusion that the order has collapsed and
that the best plan is to get all they can out Of
1t. Accordingly the reserve funds, which range
from $500 to 81 500, will be distributed among
the paying m embers, and the local officers will
| resign, leaving nobody responsible to the Indi-
! annapolis receiver. As the paving membership
Of the local lodges has dwindled to small num-
Der those dividing The funds will fare well.
Supreme Justice Somerby Of the Iron Hall
returned to his home in Chicago. Several re-
porters were In waiting for him at his front
door and to whom he said: II have Just
arrived home from Baltimore and am tired and
sick. That is oil l will say at present to any
newspaper man in America"
The general interest taken by the public in
the affairs of the Iron Hall was represented to
Mr.. Somerby and he was persuaded to answer a
number Of questions What is your opinion
Of the future of the Iron Hall? Will it survive
the present attacks"
% hat l must decline to discuss" said Mr..
Somerby. SIN fact am not able to give an
opinion, as the events of the past few DAYS have
been so unexpected. The appointment of re-
ceiver for the Iron Hall in this city was a great
surprise to me-"
How is Iron Hall off financially in Your
opinion?"
You can say that to my mind Iron Hall is as
sound as any institution in this country re-
piled Mr.. Somerby.
1.-THE dispatches from indianapolis quoted
you as saying that Secretary Hayes was respon-
sible for the $4,000 of the reserve fund being
invested in the Mutual Bank. and that you kne "
nothing about it,"
Hayes was the one who made the investment
still l knew it had been done. / said nothing
that reflected i'll any way upon J. Henry Hayes
FOR believe him TO be thoroughly honest
man,"
'Do you believe that this Sss 900 is lost?"
Mr.. Somerby reflected a moment before an.
swering, and then he said: ..Yes, am OBJ iged
to admit that think it is
When told that the Mutual Bank appraisers
had finished their work and would report to the
court tomorrow, and that the report was favor
able to the bank and would only show a slight
impairment of capital. Mr.. Somerby said: II
am glad of it. But felt sure Of it all along,
and was convinced that the $40, 900 of Iron
Hall money deposited there was all right
There would have been no need of an assignee
for the bank if it had not been for Superin-
tendent of Banking krumbhaar's int rference s.
What will be your movements in the future?''
MIR. Somerby was asked That ! can't saw.
But will always be ready to do anything Cor
the good OF the order My actions have al
ways been straightforward and honest. and
can only say that am very sorry for the whole
affair. There was no occasion for a receiver for
the Iron Hail. nor was there any occasion for n
receiver for the Mutual Bank. as both institu-
tons were perfectly solid
Mr.. SOmerby here said he was very tired and
wouid talk no more. ard, bidding the reporters
good night. went into his house.
The members Of three branches of the Iron
Hall of Hartford. Conn. have enjoined. the Use
OF the funds of the society and applied for re-
csiver
A receiver was asked for yesterday by the
local branches of the iron Hall in Portland. Me-
There Is movement on foot in Augusta. Me-
to petition for a receiver for the Iron Hall
funds In the entire state, the receiver to make a
pro rata division of the money. amounting to
about $4,000. among the members.