Evening journal., 1897-07-19
ALL FEAR ADDICKS.
Directors of the Dover First
National Worried Over Him.
THEY SMELL A BIG PLOT

THE GAS MANS DISPLAY OF
NERVE AT THE MEETING ON
WEDNESDAY CAUSES STOCK
HOLDERS TO BELIEVE HE
MEANS TO MAKE THINGS LIVE
LY IN THE BANK.
Dover, Del, July Considerable
apprehension exists among the direc-
tors and stockholders of the First Ma
tional Bank of this town over the at
tltude that j. Edward Addicks has as
sumed toward the management of the
bank. 10 Is feared by some of the di-
reotors that Mr. Addicks has a deep
laid plan TO force the management TO
make certain disclosures I'm connection
with the Boggs affair that will precip-
tate shocking scandal These dircc-
tors say that Mr.. AddiCks became
stockhClder of the banks stock in
mysterious way. In fact they were so
surprised when they learned he had
bought fourteen shares from Hume
Jenkins that they hesitatcd before rec
cgnizng his purchase.
IL was the nerve that Addicks dis
played at the meeting Wednesday that
has aroused the fears and suspicious Of
the directors. AZ that meeting several
stockholders, including Manlove
Hayes, felt loath to admit Mr. Addicks
as a stakeholder, even after they
questioned him closely as to how he
got hold of the stock. There was con-
siderable discussion over the Addicks
! purchase, and 1t reached point where
IL became unbearable to the gas man.
Raising himself to his full height his
face blushing red Mr. Addicks ad-
dressed the meeting. saying. Gentle
men. ! insist that you receive my
shares at once My purchase was le-
Ultimate and there Is no reason why It
should be questioned. II my shares are
not recorded at once and | given the
| privilege Of a stakeholder. / will take
the matter TO the courts tomorrow
This speech startled both President
! Richardson and Mr. Hayes who de-
manded to know from Mr.. Addicl1s
whether as a stockholder he proposed
to do anything at the meeting other
than what the meeting was called for.
Mr. Addicks replied that he did not IL
was suspected by both Mr.. Richardson
and Mr. Hayes that the gas man had
some sensational card up his sleeve
which he intended to play at the meet
ing. They did not think Mr. Addicks
was too good to demand q statement
from the management as to the Boggs
defalcation and TO create q stir in the
meeting
After his shares had been recorded
Mr.. Addicks demanded the exercise of
his right as n stakeholder, and asked
to be shown the books OF the bank
These were laid open " him and re
examined them carefully. putting down
several memoranda from them.
Those stockholders who were unable
to comprehend Mr. Addicks' determi-
nation to become a stakeholder Of the
bank We're mystlhed by the nerve he
displayed in demanding immediate ac-
cess TO the books. They began to gel
suspicious and these suspicious hav,
grown into fears until now they be.
lieye that the gas man had some i'm
pOrtant reason for doing so. The di-
rectors of the bank will not talk much
about Mr. Addicks presence among
them. but they have let enough drop tC
give people here a right to believe that
they are greatly worried over him.
Two of the directors yesterday were
heard to say that "That man Addicks
will play hell with this bank before
this thing is over These directors
intimated their belief that Addicks has
instituted an investigation of his own
the purpose of which it is said is to
fore the Board of Directors of the bank
to clear up the scandal in connection
with BOggs' conduct and 10 expose the
men, who, 1t is alleged, were I'm collu.
sion with him. These directors have
also hintod that Addicl1s IS being back
ed in his move by prominent Washing
ton officials and that he expects tC
make it the boomerang that will carry
him into the Senate and make him the
master of Delaware politics.
When seen to-day by your CORE
spOndent President Richardson de
clined to discuss the matter. sayini
that as a stockholder Mr. Addicks haC
a right TO do as he did on Wednesday
IL is believed by many who are
closely connected with the interests o
the bank that in view of Mr. Addicks
presence among the stockholders tina
the directors have decided to make
speedy investigation of the Bogg'
scandal and lay all the facts bare in
order to avaid any complications OF Z
/ ufIfffool nature