Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-05-26
PnEsIpnNr LucKNrrs ANswER

The answer Of President 4. p. Luck
EFT Is quite youminous, and contains
considerable matter embraced IN the
answer filed by the bank. He rerOunts
the visit to New York with Cashier
smith; gives history Of their endcavOrs
10 raise money and enters an explicit
dcninl that IN all the negotiations for
the purpose of raising money there was
the slightest foundation for the ayerments
set forth in the hill filed by Poriwood
ct nj, charging him n.uckct0 with fraud
The bill recites the stiingency IN The
money mnrh,i. following September,
1891, when the bank was authorized to
resume business, and gives that as a
reason for the failure to resume Re
Of said bank. existing Oh the said 10Th
day Of September. 1891, was caused in
part by the siringrncy of money affairs.
that at the tiulc said bank suspended.
the president Of said bank Il. W. Tay-
lor, was debtor TO said bank,
with Others, upon notes TO the
extent of some $4,000. or pos
sibly greater sun, not exceeding $780,
900 The former vlce-prcsid mt Of said
bank. Il. II. Chase. was indebted to
suid bank for monies and upon over
drafts advanced to him and others upon
his notes, for the sum Of about Sl25000
TO Sl50,OOO. aud that since the resmnp-
tlNh VI bhhlIFhN Nv Nhiu uduks uOin
these parties have refused TO pay the
bunk their Indebtedness, with the excep-
tlcn of Il small amount paid by Il. w.
Taylor He alleges that both these eN-
officers have since the resumption of bust
ness. obstrutted the collection by said
hank Of their Indebtedness. The bill snys
thai the bank could not have transacted
business but for tile aid of Page as vice
president, who has. since his incum-
bency In that position, borrowed for
said bank over S200,OOO. and that In no
Instance has the counsel or advice OF
l'nge resulted In n loss 10 the bank of
single dollar. and that during the most
trying times in the history of the bank
Pngc was the only officer of the nstitu-
ton VINO Kept money on deposit there
Respondent shows that as far az he
Is concerned. he has never been guilty
Of any act, intentional or wilful, TO the
injury of the bank; but that he has en-
deavorcd consricntlously to perform his
duties for the very best interests of
the bank. He denies any conspiracy with
Page or any one else for any nurposc
whatever; says the bank Is not con
Quoted al an enormous or useless expense.
and AYERS that the expense of cashier
and bnOkkeeper Is not exOrbitnnt or I'M
reasonable The history Of the Swnsey
transactions, now n matter of record. is
given. aud the bill concludes with the
following paragraph;
'Ilespohlent believes that said aver
lueuts in said supplemental bill. which Is
signed by j. w. Wruy as counsel for o.
NJ. Brown, was inspired by the follow
ing circumstances: He represents u, W.
Taylor y, Il. Chase and O. NJ Brtton
in the suits brought by the defendant
bnik on said paper as aforesaid. and he
has filed the said plea for said defend
ants, denying the validity Of said paper.
One of these cases, involving $2S,O0O,
has been tried before the Hon 5. L.
Greene, without the intervention " u
Jury, prior 10 the filing Of the orieinul
hill in this ease; and the said $. II.
Greene had taken the case under advise
mont and was considering the evidence
when said supplemental bill was filed. and
respondent believes that the said aver
ments IN said supplemental bill We're in
sprcd by desire TO do something that
would aid tn cdcfcnce in said suits as
aforesaid