The San Francisco call., 1896-04-01
Attorney John Flournoy Withers
the Peoples Home Bank
Directors.
NO LONGER BANK COUNSEL
He Declares the Board Never Votes
for the interests of the Insti.
tuition.

John Flournoy has been retired from
the position of attorney for the Peoples
Home Savings Bank. the unfortunate in
stitution that has paid but two dividends
In nearly three years, while ring In con-
troll has grown rich out of the manage
ment.
Mr.. Flournoy is only too glad to be
done with the ring.
II quit the employ of the bank" he
wrote yesterday in his letter of resignation,
without single regret and with the hope
that whatever calamity may hereafter be-
fall me and the 10,000 people whose prop
erty is now under your control no fate will
be SO unkind as to ever again bring any of
US in intimate contact with you or with
men of your temper aud character"
The depositors without an exception
were anxious for Flournoy to continue as
attorney of the bank. He himself did not
wish to retain the position, as he could not
agree with the directors, who, in fact, re-
jected his advice in cases to benefit their
friends against the interests of depositors.
The directors met yesterday and adopted
resolution dispensing with Mr.. Flour
noy's services. J. Dalziell Bro wn, secre-
tary of the Safe Deposit and Trust Com
panv, which is trustee for 260O depositors,
appeared with Attorney Bartnett and pro-
tested against the action; and besides
there was petition from 1900 depositors,
repre- senting in all over 81, 900 900, against
the removal of the reputable attorney.
Immediately after the meeting Mr..
Flournoy was notified of the change, and
he replied in this interesting fashion, with
hard filings at the board:
March 81. 1896.
Board Of Directors of the Peoples Home Sauings
Bdnk-GENTLEMEN: I acknowledge receipt of
your comm unication Informing me that you
have passed resolution dispensing with my
services. desire to thank George F. Davidson
and 1. j. Truman for their considerate action
toward me, and do not wish anything in this
letter to be in any way construed as refiec-
tlon upon them. In my judgment they are
the only present directors who have informed
themselves of the condition of the affairs OF
the bank and who have any adequate concep-
ton of the duties of trustees OF bank in liqui-
dation.
Your resolution above referred to is as fol-
lows:
''As the litigation here of the Peoples Home
Savings Bank is now in such condition that
a salaried attorney is not necessary, and the
payment of regularly salary to any attorney
would be an unnecessary burden upon the
creditors OF said bank and as the cases pend.
ing outside this City are in the hands of local
attorneys that represent said bank, be it there
fore
Resotued, That from aud after this date this
board win dispense with the services of John
Flournoy, Esq, its attorney, and that no regu
lar attorney shall be employed by this board
and Mr.. Flournoy is hereby directed to deliver
to the secretary of the bank all boors and pa
pers belonging to the bank now in his pos
session."
Lam exceedingly amused at your recently
developed anxiety to remove unnecessary
burdens from the creditors of the bank"
trust, however, that very few Of the depositors
will be found so simple as TO be deceived BY
such expressions OF high regard for their wei
fare, and that still fewer will be SO soothed by