Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-05-18

hehton Insurance Co.,.............., ~
- T. .uf1,lel'''s's =. 100
PLAINTIFFS further alicre that the SAID de-
Isndant bank after lis Incorporation and VI.
h sa,,naa ~ ainfssnid Conducted a general
to.Wt; gu the lgth DAY ~ July. A u 1851.
when y suspended puHlucss and closed is
g Sgsls ey order q the conptrollsr n
that said defendant bank was 20 ordered
70 suspend bnAlhess aud close It's doors by
FOR the rtsson tSi f.,siip S9 H., ~ Aforesaid
hnud the amount " niOliey required by Tue
laws o. the United statta Of America 10
,,a1 NC u 20 clrrs on banking husiness
under said order until thereafter to.,siti
" lhc .hih dpl ~ September A % 1851
n.y. NJ W. lsffnlant bahk was permitted ny
sAld comptroller " currency TO open Tia
doors and resume business, that Tho order
~ we said comptroller VI currency author.
~, ns me resumption OF business was made
Yn NE f!ith OF the representations " a..
fcndant A u. Smith, then cashier aud a
director o. the said defendant bank, 10 the
h nnI' hn1 IA anesten9, that tho dcfcAdapt
tue sum Of slOO.uOO. which ann toaethef
VIII the amount u tncn had On haul was
ssains.yuI, sndsr the laws Of the United
snme bnkluesa, but that the SAID rcnr.sel,,
ialionS Of said 4. u. smith were whollv
ialse anu fraudulent
fiiintius further hllege that hprstofore
lo'wlti TN The ruth day Of Septcunh,'r A
" lNl. shlh 'iefendant bank opened III
u ,i,i nNl mttcndedly aud ustenHhiy r..
suspension Of rs bu,ipc,s As afofs.ai1 ihe
urtrndani hanks available assets, lr those
el Np value practically, Npussied. aud ain
reilly qr NJ inat,ly secured by ryai estnie.
flninlinH further represent they are M.
nnt I'm ws,sol h9d gglleye That defend,
IN Auspend,ng business and closing ID ,lDofs
~ etof,rsll. ana ~ practically doing 10
u ,,usl saec ] osleuslply vsnmcd husl.
hess, ana 10 being unable 10 do hAnkipr
lnslhess, much lres u pronIaMr hnsincss,
aud us,lessly gxlcndnr In assets Tor the
ps1 Ial Ssreal ot ihg said rass, smith
right 10 further attempt 10 do bnsiness ~
retain ihs losrcssinn " is assets and
'h T,a gpinol my management q - affairs,
Sion Of business 10y the defendant bank ~
aforesaid. tie lack Nf available funis aimee
ita pretended resumption u businrss, No
orally and the husmess uonlmuutiy narilr,,.
larry " the dcfcgiiant bank have rendered
y WHOLLY lnlpraelleahle for said bank 10 do
banking business carry nnt the purposes
Tor which II was Incorporated. or neiform
nny % tue functions Whatsoever OF a ma.
general national banking buslncs. and 4" M
Z lacal agent " thr United Sialca of Amer.
lea. and j. not now performing any Of the
caly e ~ r hsueea s1eh; nnI s pracIl'
ileiutin further alleges that heretofore
levitt On the - day % January A ID
lso1. the aiocklolderG uf tho defendant
bank, at n regular meeting thereof, eieeirl
Tile directors nfcrrAAid; that thsrsnftor ia
wiz 90 the 49, day ~ January, A ID iNln
shS .aid a, z l.neksit y NJ ragc
Nice'pfesldent aud cashier. rrspeotiveis
% seli bank that thr said A. h. Siniil
was clected cashier AMI director az afnr,,
nnih, centrnry 20 the Wishes aud arninsi
the protest OF many o. these ninintl nj
ahl many other rtockholdcrs ~ saiI bans
nhu uotwlthatandinH thr wasting uf TIM ~
hrtt aud The kuanruslOn Of me huslnQs,
~ said bank were largely attributed to In
i1ienunag.mrnt and violation Of his fau
eiarl relniluns TO tho Stockholders. 81 snll
=. - smith. during thu term be lad AL
fVndf served as cashier.
llalntins further tllrgc that fhrmii,h IN,
failure aud neglect "a said oliircrs 10 ar
range therefore, no annual meeting o. IN,
storkhplders uf ths Defendant hank was he'll
IN The month of lanuarN A. 10. islC, rs ~
uuircd ny law. or AZ ANY time thereafter
that no notice ~ snch annual moennr wa
rfet given 10 th,sc plnlutliIs. and that thcr,
M BERN no nnutui uirellhc ~ tlir siuek
thulderA % aid hank slnce that held Ia thu
atlnth or january A. u. lNE. uul that ihi
NNfoiiunnt N. NJ. lucs. dlirrlnh that Their.
" ~ slqrhnolirfs htciine held.
finlnllNs fWfihV uNpat that a. Nj Page
tirfJireslhcul uinl dlfietur ~ af,lrrsllil
eta M feci. 4lufr Ms rilll tlrrtlou AZ autl
slre'pfesidenf mad dir,slnr. in Innuarf, A
p i&l2, although he had no Legal anthnfll,
~ fktuf " No o.are 70 70 %, dictated