The Montgomery advertiser., 1901-10-27
CAPTAIN DENT AND MIR. YOUNG Officers of Eufaula Bank
 In Montgomery. EXAMINER IS AT WORK
Loss of Gov. Oates to be In-
 vestigated by Grand Jnry.
District Attorney Reese Decides That No Bonds Will Be Required. Creditors Express Their Un-
 limited Confidence.

Capt S. H. Dent and Mir. B. B. Young, President and Cashier. respectively. of the defunot Eufaula National Bank, reached Montgomery at 7:25 o'clock last night from their homes in Eufaula- They were accompanied by Hon. Warren s. Reese, United States District Attorney, and 1t was expected when they arrived here that they would be required to give bonds for their appearance before the United States Court in connection with the recent failure of the bank. The mat ter was satisfactorily adjusted. however. no warrant was issued, and Captain Dent and Mir. Young will return to Eufaula this morning.
 G. F. DeSaussure of Atlanta, Ga, Is engaged in making an investigation into the affairs of the Eufaula bank, and 1t is understood that Mir. Reese was called to Eufaula yesterday morning. At any rate. Mir. Reese went to Eufaula. 1t is said that after conference with MT. DeSaus- sure, the District Attorney thought 1t would be advisable for Captain Dent and MT. Young to make bond for their app pearance before the United States Court, and in order to do this 1t became neces- sary for them to come to Montgomery for proceedings before United States Commissioner. Mir. Reese consulted with matter and they voluntarily suggested the trip to Montgomery
 It was expected that Captain Dent and Mir. Young would waive examination be- fore, the Commissioner and that their bonds woulds be fixed. Consequently Mir. G. H. Dent, a brother of Captain Dent, and F. W. Jennings. wealthy young business man of Eufaula, came to Mont gomery with the party for the purpose of arranging the bonds. Mir. G. H. Dent and Mir, Jennings were large depositors in the Eufaula bank. Captain Dent was also accompanied by his son, Mir. D. H. Dent of Eufa,iIa
 Arriving in Montgomery, the party went directly to the office of Mir. Reese in the Federal building, where the gentlemen remained a short while. MT. Reese, it is said, explained to Captain Dent and MT. Young that 1t was necessary for him to consult with certain persons relative to the matter, and he made an appointment to meet the Eufaula party again at 9:3O o'clock. Then the gentlemen from Eu- faula went out to supper.
 It was learned that after leaving the bank officials, the district attorney secured a carriage and was driven to the residence of former Governor Oates on Ripley Street. It will be remembered that Governor Oates is said to have had $50000 In bonds in the Eufaula bank. MT. Reese had a long conference with Governor Oates. during which, it is said. Mr. Reese told Governor Oates that the bank failure involved a question as to whether the loss of the bonds came within the scope of the national banking laws. It was learned from reliable source that MT. Reese said that under the circumstances he preferred that if an affidavit was to be made against the bank officials that 1t be made by Governor Oates. This Governor Oates, it is said, positively declined to do.
 While MT. Reese was at the Oates residence, MT. Hugh Dent, son of Cap tain s. H. Dent. who lives in Montgom- cry, called to see Governor Oates. and when MT Reese left MT. Dent had a consultation with Governor Oates. The result of this conference could not be as- certained.
 Mir. Reese kept his appointment with the bank officials and their friends, Mir. Jennings and Mir. G. H. Dent, at 9:30 o'clock. It is said that MT. Reese inform ed the officials of the bank that no af- fidavIt would be made and that they would not be required to make bond. He said further. so 1t was learned from good authority, that, as representative of the government, he was willing to let the matter rest pending the completion of the examination of Mr. DeSauSsure until the Federal Grand JurS meets in Mont gomery November 9th. This ended the Interview at the federal building.
 Captain S. H. Dent and his son. MT. E. H. Dent went to the suburban home of Mir. Hugh Dent at CloVerdale. where they spent the night. Messrs Young, G. H. Dent and Jennings spent the night at Flemings Hotel.
 MT. Young was seen in his room at the hotel by a representative of The Advertiser. He admitted in the main the foregoing statements and said that he Captain Dent and their friends would return to Eufaula this morning. Mir. Young said that he did not care to dis cuss the affairs of the bank further than to say that he believed that If judiciously managed the creditors would be paid dol lar for dollar He said that Governor Oates was one of the large creditors and he feared the publicity that had been given his reported loss might have a tendency to injure the interest of the bank.
 Mir. G. H. Dent and MT. Jenning were in the room with Mir. Young. MT. Jen-
 
 the largest creditors of the bank, and that he had the utmost confidence in its officials. He said that Mir. G. H. Dent and himself had come to Montgomery prepared to make any bond for Captain Dent and Mir Young that might be re- auired MT. G. H. Dent corroborated this statement and said that the difficulty grew out of a claim which Governor oates had against the bank. He said that Governor Oates contended that his bonds amounting to something over $40,- D0O had been placed in the bank for safe kee ping and not as deposit, whereas the bank claimed that the bonds were placed there on deposit and would have to be treated the same as other deposits in the settlement of the affairs of the bank.
 Governor Oates has steadfastly declined to make any statement for publication. He was in Eufaula Friday, and 1t Is un- derstood that he absolutely denies that the bonds were placed on deposit in the bank.
 Continuing his statement. Mir. G. H.