The morning call., 1894-06-02

in addition to that, the reason why 1 brought
you mere to-day was to tell you That so lar as l
am concerned, i have but one object III view.
and thar Is 10 remind you gentlemen who are The
fesiduary legaleeS of whatever is left in that
D1hk, that II belongs TO YOU, and that you shall
nave 1t. as far as can bring about that result.
with common honesty and with business
acunen. That promise you, and say Will
40 no act, nor have done any act, which Is mol
~ Tue line OF good Tor you, individually and col
:, The duty imposed upon the court in the solu.
tlon OF these questions Is exceedingly dlmcult,
aSu Is exceedingly trying; ana the court ltseli
nas Deen abused in public meetings by indiVld-
uals, and upon The street, in the most unseemly
way. The courts of this country have little
enough respect paid them, God knows; but ID
matters OF this KIND. where il must be evident
10 you that am acting for the good OF all, 1t is
certainly unkind. 10 say the least. that any re-
Judge.
Now. then, that being positively understood
ana agreed upon by all, that you gentlemen are
ueposltOrs. L am sorry for you all. l know
mat some OF you are suffering. and II l could
financially AFFORD IL would give every one OI
you who came 10 me financial assistance; but
am as poor as you are, and poorer than many
oI you. 80 Tar as that Is concerned want you
10 understand that you have not that standing
I'D cour that you can come into court and de-
fhanu M or meet me upon The street or at my
nome and demand of me that do this thing or
that Thug, Tor cannot do it for you.
NOW there Is another reason why l have
pfought YOU here, ana that is to say that no
modification OF this INJUNCTION and no modlfica-
lion OF the order appointing rec liver will be
mace tDlS side OF the Supreme Court for, mind
you, these very questions which ave raised here
are now IN the supreme Court upon writ OF
prohibition and may be d, cided next week
these very points have been in the supreme
Court. and say that no modification VIII be
made unless tie court can give It's moral assent
10 the very calm, deliberate, cool proposition of
MT Hlghton. lie has stated exactly The rela-
lions which Ia n.ritf ahn q nd ~
II they are brought about, Will receive the con-
curreDce OF the court, ana l shall be glad when
The time comes that can get rid OF this appar-
emily elndrsS litigation, fUT, taking all The other
duleS 1 have performed siuce l became a
Judge, L never had a duty that affected me
mentally aud physically so much as this matter
has.
And, l say, that II the depositors or the ma
jority Of them, or the majority OF those in
amount who can be reached, or who have been
reached. can agree upon number of names of
men OF known prObIty, OF business, and of
affairs; II lhey can agree upon ten OF twenty or
nifty or one hundred from which new directory
OF seven shall be chosen, and the old board Of
directors meet ana resign ana elect those gen
tlemen III their 8 cad. shall be perfectly salts
fed.
That is the only thing the only possible re-.
suit that could ever have been achieved Ia this
case, for, tell you, unless there is new board
OF directors chosen, the personnel OF which
shall be satisfactory 10 the depOsltorS in this
case, that no Injunction OF this court, this side
set aside or be modified IN this case. Now for
that reason continuance Will be granted.
Yesterday Ii suit was commenced at The in
stance OF Il stakeholder ana creditor in which
are charges similar 10 those in this case. An
other case was commenced yesterday and in
that receiver was appointed, In the person OF
the same receiver who Is there now, with bOuOS
fixed at $4,000. Another suit was commenced
by a StOcknolder and a creditor which Is some
what different In its nature which treats this
bank as Il trust which has ben abandoned by
1 = q il a. lad t4nu In ha
exercise of Its jurisdiction TO nil the place of the
trustees. aud an order 10 show cause has been
Issued, returnable next Friday, why receiver
should not be appointed.
Now for all those reasons ! explained my
situation clearly aud fully aud | hope satisfac-
torlly, but whether one way or other this mat
ter will go over until Friday next, at which time
the other ma tiers VIII come up, and anything
else that my be discussed in legal way by
whoever may have legal standing In court
VIII be listened 10 with The greatest attention.
At the conclusion of Judge Hebbard's
remarks the loluacious Hutton again en-
deavored to make himself heard, while ii
was noticed that Shortridge, too, was
striving to "catch the Speakers eye," but
to no avail, as Judge Hebbard refused TO
hear another word on the subject until
Friday next.
Mr.. Delmas then moved TO the front. q
would like to ask your Honor" he said
whether the receiver appointed by yoI in
tuo Sulb Hi6u lnok Hl5nI hao Ru1iAAiOu III al Y
bonds"
Certainly, sir" replied the Judge.
"HOw much, may l ask ?''
Fifty thousand dollars"
HAS he also given a bond to cover pos
sible damage to the depositors from thf
very fact of his appointment as receiver q
"He has"
what bOnd?"
'Ten thousand dollars"
THAT is very small bond, SIR" sug-
gested Delmas.
Judge HeObard replied that he was per-
fectly willing TO increase the bond if il
were shown that such step were admis-
sible. In fixing only $4,000 the court had
taken into consideration that the receiver
just appointed was the same person as the
receiver already in possession. However,
he would hear a motion TO increase the
bond on Friday next, lot before. In the
meantime no harm cnuld be done by let.
ting things stand as they were.
With this the proceedings broke up,
The weary deDositors wandered out INTO
the fresh air. Judge Hebbard sought relief
in the sanctity of his chambers, while
Sh0rtridge congratulated himself upon his
acumen in getting SO skillfully out OF a
tight place.
The depositors of the Peoples Home
Savings Bank will have another meeIing
at Foresters' Hall this evening. The
committee of seven claims that by Friday
next they will have signatures represent
ing majority of the deposits in the bank
with which TO 90 into cnurt