The Montgomery advertiser., 1901-11-16
OATES BONDS INVOLVED
John Quina Represents New
 York National Bank.
It Is Said SEC, o,ooo of Bonds Claimed by Governor Oates are in the New York Bank and Suit
 will Follow.


 Ycrk city, reached Eufaula yesterday me rning, there were new developments in the recent failure of the Eufaula National Bank. MT. Quina is the personal repfe- sentative of Tracy, Platt, Boardman & PIatt, a well-known law firm of New York, which firm is counsel for the Vest ,rn National Bank of that city The Western National Bank was the New York correspondent of the Eufaula Ma tioral Bank and it is said that the Vest ern National Bank lost s72,0OO by the fail- ure of the Eufaula National Bank.
 Moreover. it is said that s2o.o0o of bonds claimed by former Governor Wiiam c. Oates are secure in the vaults of the Western National Bank and that there will be a suit for the possession of these bonds with Governor Oates as the plain tiff and the Western National Bank the defendants.
 MT. Quina reached Montgomery Thurs day night. He came directly to Mont gomery from New York city. He is a tall, clean-shaven, lawyer-like young man of the metropolis. He represents a firm of which Gen. Benjamin F. Tracy and Senator Thomas c. Platt are the senior members
 Representing such an influential law firm, MT. Quina is naturally astute. He came to Montgomery quietly. He had a friend here Julius Sternfeld. and he ask cd Mir. Stzrnfeld to keep his mov mants from the newspapers. Mir Sternfei i', who was a classmate of MT. Quina at the Harvard Law School. promised MT. Quina that he would do so. MT. Sternfeld kept his promise. He would not even divulge the name of his friend when he was ap- preached upon the subject
 The young New York lawyer stayed ThuredaY night at the nsw Mabson Ho- tr'. By tele graphic appointment, Mir Sternfeld net him and walked about the city with him Thursday evening". Mir. Sternfeld remained with his classmate MT. Quina, until late hour Thursday night. Thg talk of college days. Per flaps they talked of the Eufaula National Plank. MT. Sternfeld would not say
 Early yesterday morning. Mir. Quina arose. paid his hotel bill and left at s.2J o'clock for Eufaula. It was learned that he will return to Montgomery this even ing providing he completes the business which called him to Eufaula. Mir. Quina will probably spend Sunday in Montgom- cry with his friend, MT. Sternfeld.
 While Mir Quina has not revealed tha pourpcse of his witt to Alabama to any one, it is said that at the time of the fai ure of the Fufaula National Bank that bank was due the Western National Bank of New York $72O0O. It was also learned that the Eufaula National Bank had negotiated $20 coo worth of Alabama bonds with the Western National Bank of New York City. These bonds are claimed by former Governor William c. Oates.
 The Western National Bank will claim that the bonds are negotiable property and that if they were placed In the hands of the officers of the Eufaula National Bank the officers of that bank had a riynf tn ioto iu a{I that the Western National Bank will also claim that if there was negligence on the part of any one the party at fault must suffer the loss. This is the busi- ness that brings John Quina, representa- tive of Tracy, Platt, Boardman and Platt to Montgomery.
 Governor Oates will contend that the bonds were not deposited with the Eu- faula National Bank; that they were merely put in a safety deposit box in the bank and that they were negotiated with out his authority.
 MT. Quina will probably remain in Montgomery several days. He may re- main here several weeks, in fact He has not yet met Governor Oates. He will probably make his acquaintance Monday.
 In the meantime MT. Quina is in Eu- faula making inquiry into the affairs of the Eufaula National Bank.
 It was learned yesterday that George r. DeSaussure, who was at first placed in charge of the Eufaula National Bank by the Comptroller of the Currency, will come to Montgomery today. J. K. Mc- Donald of Birmingham, Is at present acting as receiver of the bank.
 MT DeSaussure is in Eufaula. When he comes to Montgomery today it Is un- derstood that he will be called before the Federal grand jury to give testimony concerning the result of his examination into the books and accounts of the Eu- faula National Bank.
 The Eufaula National Bank it will be remembered. announced a suspension of business about six weeks ago The an- nouncement caused great surprise as the banking house was regerded as one of the most substantial financial institutions in the State. Still further surprise was caused when it became known that former Governor Oates had nearly $50 OO1 worth of bords in the bank and that they could not be found. Governor Oates has discussed the matter reiuct- tantly with his friends. but has stead fastly declined to be interviewed on the subject He admits, however. that he had bonds in the bank to the amount of about S45.000.
 Captain s. H. Dent. president of the Eufaula Bank is one of the best known men in Alabama. He was a member of the recent Constitutional Convention and is highly esteemed all over the State. The cashier of the bank E. B. Young is equally we'll known He has long been regarded as one of the most sub stantial citizens of Eufaula and is anI officer on the staff of Governor Jelks.
 Mealey's Case Again.
 Des Moines, Ta, Nov. l5.-Philip c.