The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1901-07-18
The Culver Bank Robbery.

the unexpectent public that the
Culver Bank had closed it's doors.
1t was the starting of one of the
worst money panics this COM
munity ever experienced. Hun
dreds of our people in very ordi-
nary circumstances had saved up
their little mite to build homes in
the near future or put up a re-
spectacle monument to the aged
mothers grave. There was no
respecter of persons. The widow
and the orphan suffered alike and
with broken health and bleeding
hearts they saw all their accumu-
latiOns, perhaps of life time,
pass out the doors of robber specu-
lation, and the strong arm of the
law swing wide the vault doors for
investigation.
Judge Huffman sat upon the
Common Pleas bench and perhaps
for services rendered him, at any
rate for his great friendship fol
Col. Sands, the latter was ap.
pointed receiver for the bank. A
few old coins were found in the
vaults and the books of the bank
were missing. Col. Sands took
possession of all in sight, seizine
what property he could, supposed.
ly for the benefit of the creditors
That has been eight years age
and Receiver Sands has from time
to time filed some unfinished re.
ports of his trust to remind the
attorneys that he was still Receiver
and was willing to report progress
He last week came forward at the
persistence of attorney Vickers fol-
the creditors and made his final
report before Judge Reeves. A
sorry piece of unwonted robbery
is the report. He reported having
collected some $4,000, of which
about $l70O had been paid out as
lawyer fees and incidental" eX-
penses, and $4,000 had been retain.
ed at $50 per month for 8 years,
salary, by the Receiver and SAC
still remained with which to pay
the widows their losses by the
bank closing.
The court seemed astonished and
disgusted with the robbing state
of affairs, but under the law a re-
ceivership is the "right-arm of the
court" and is entitled to treason.
able" compensation for his ser.
vices. The rate of $50 per month
was reasonable compensation for
perhaps the first year of active
work, in which time most collect
ions were made and all the bust
ness should have been settled up in
at least two years, and the balance
turned over to the poor people that
lost it. But no, like the leach,
the parasite, the sponge that he is,
honest Receiver Sands sat in his
big arm chair and drew the $50 a
month for eight years until all the
collections were sapped up in his
own salary, and at last when but
$40 remained in the pot, which
fell short another months salary,
this great intelligencer and boss of
the republican party thought it a
good time to quit, and files his
final report. Judge Reeves, dis
gusted and powerless in the face
of such brazen robbery, ordered
Sands to pay 5000 attorney fees
and expenses out of his own pock-
ct, and the case closed, and $4,000
that might have gone to help few
struggling, broken down creditors,
was stolen from them by an un-
scrupulous Receiver.
What think the people of Hook
ing county of such a man. He is
the boss of the Republican party
in Hooking He poses as the
saint and adviser of good men.
He is editor of the Journal-Ga-
zette, and is astounded at the
alledged drawing of illegal fees by
officers in this county. What
would he and his kind do if they
are trusted with the affairs of this
county. Every candidate ON the
republican ticket has Sands hand
upon his neck, and like barnacle
he will sap the surplus from the
treasury through his healers. A