The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-07-14
HINSEY'S POSITION.
Denies that He Handled Pythian
Funds Carelessly.
ISSUED LONG STATEMENT.
Charges Against His Administration
Explained in His Card.
MADE SOME CHARGES HIMSELF.
lie Claims that FetherS Was Actuated
by a Spirit of Revenge.
DEcLINATlON TO SUPPORT THE LATTER
preme Chancellor Is What Hinsey
aims Made Fethers Make the
Charges Of Encouragement.

a.
pefial prince Of the order of Khorsssan.
resigned his position late this Afternoon
He stated that he did So believing 81 best.
SO as 70 relieve the order of any embar-
iassmont from the publicity given to the
attacks made on him in connection with the
endowment rank matters
The officers of the organization In she.
clal session tonight accepted the reslgns-
ton Frank II Clarke Of Detroit became
Imperial prince and he has appointed John
r. Holmes OF st. Louis as imperial basha.
John A. Hlnsey, former president of the
board OF control of the endowment rank
knights of Pythlas, today made this state
ment regarding the report of Supreme
Chancellor Ogden II Fethers and the board
Of control TO the special convention OF
the supreme lodge, Just held In this city:
For the LeIeft of those of my friends
who do not know the situation, I want 10
say that there is a great deal Of animus
on the part of >Fethers ard mis- followers
hnck nj all this proceeding. The cause
for this bitter feeling on his part con
sists CT my refusal 10 support him in 1896
ana again in 1898 for supreme vice chan
cellor. He succeeded IN being elected in
tie 1898 convention, held at indianapolis,
and after the contest was over threatened
to drive me out of the order, again re
fused to support him for supreme chan
ceolr at the supreme lodge ses sion. held
al Tetrolt In 1900 This action of mine
seemingly added to his epmity TO ME be.
Ing supreme chancellor, he was ex -officio a
member Of the board of cor troll. and was
president Of the board reelected at the
Detroit convention, They claim tnat :
voluntarily resigued-that Is not true:
they made It Impossible for me to continue
rs president having long previously con.
tended that the president of the board
ought to devote his entire time to the bust
rtss of the rank and be paid a salary com.
mensurate with the service. Taking al
vantage OF this expression of mine. reso-
luton was offered 10 that affect ana. 20
he consistent, | had 70 vote for 1.-THE
resolution passed and of course ] resigned
because the endowment rank could MOI
pay a salary which | could afford 10 ac
cept These are the exact facts under
which ] resigned and no other When re
signed as president ! also desired to resign
as n member Of the board but my desire
was vigorously opposed by the whole board
and | concluded TO continue as member OF
the board / did not receive copy of the
report TO which | have alluded until II
/ clock on the morning OF the convention
and knew nothing of Its contents II 4
very voluminous document ana contain,
great many subjects. | desire to MAKE
| some statements regarding the items which
! allude To me.
! "As to that portion OF their report re
| ferring TO oyerdrafts amounting 10 $50.
| 600, this Overdraft became necessary be
| cause of the failure of the City Nationa
/ l.a.. IL slA "a ,sN
rank designated 10 compliance with su
| preme lodge law At the time of the fail
| ure Of that bank the rank had about St41,
/ 600 on denosit with II. There vas from
| $1,000 10 $4,000 Of warrants afloat tha
| had been sent out to henehciaries a day Of
| two previous TO the closing of the bank II
| payment OF death claims To prevent pro
| test Of these warrants on the part of the
receiver at the bank, 1t was necessary thai
| we at once provide that amount OF money
! the arrangement was made with the FRS
! National bank of Chicago, they deposltns
| with them collateral.
"At the next meeting OF the board oil
| control. 1t Was determined to treat the $50,
| 000 of collaterals deposited as Casn and de
| duct them from our assets IN preference t
| advertising an Oyerdraft-this action was
/ confirmed by the then board of control
The overdraft was reduced from time &
| time and the collateral redeemed.
1.-The method adopted by the board o
having the secretary Of the board debit al
warrants drawn, while the bank was no
! permitted 10 DEBIT our deposits except ~
| they paid the warrants resulted IN q DIFF
/ ference between the record Of the board o.
/ control and the bank amounting frequentl.
| from $1,000 to $4,000 thus our hook
might show an oyerdraft of from S50O0t
! to $4,000 and the bank books show bal
! ance In our favor
"'rhis report claims that the financial con
| dition at the time certain investments were
] made did not warrant the investments be
I Ing made. because there was an overdraft
/ As TO any other oyerdrafts noted In th'
| hoard other than SI5, 600 above referred TO
/ assume the hoard on the dates of thOsl