The Dawson news. (Dawson, Ga.) 1889-current, 1904-05-25
NEARLY MILLION SHORT.
Receiver Makes Preliminary Report
on Condition of Suspended !. G.
Plant Sons Bank.

N. B. Corbin, receiver Of the l. c,
Plants Son bank, at Macon, Ca, act
ing under direction of Judge Speer,
completed at midnight Thursday night
preliminary report.
Receiver Corbin states that Mr..
Plant has been confined to his resi-
dence for some weeks by illness and
on account of his condition it has
been impracticable to obtain from him
directly the details of the large bust
ness which he has been conducting
for several years. On this account Mr..
Corbin reports that he mas been com
PEELED so far to rely upon such in
formation as can be obtained from
the books of |. c. Plants Son and
from such records as are kept by his
cashier and secretary.
He also states that large part OF
| the business conducted by Mr. Plant
was transacted in his private office.
Of which there are no records upon
the books of |. C. Plants Son and the
data of which is kept in an informal
way by Mr.. Plants secretary and VIII
require a detailed examination in con
nection with the books of the bank be-
fore a clear explanation can be had of
the apparent excess of $844,051. 08 OF
the liabilities over nominal assets.
The report of Receiver Corbin shows
total liabilities of $2,243,22S.72. To-
tai assets foot up $1.399,17764.
A great list could be made OF peo-
pie who put their money in the /. e.
Plants Sons bank, because of the
faith they had in that name
Hon. T. J. CARING. one of the safest
and most cautious business men of the
city, had $4,000 there: Miss Essie Nc
MILAN. bookkeeper at The Macon Tel
egraph. had there $4,000; the savings
of a life time; Mrs. DR.. Gibson, OF
Vineville. had there several thousand
dollars, the money which came from
life insurance policy; Mrs z. l..
Gernsey had $4,000; Mrs. S. B. Price
had $4,000; Dr. Marshall, of Rey-
nolds, had $4,000 deposited Barlow
Stubs is out over 100000; Sidney
Stubs is out about $4,000.
The list could be enlarged until the
end would be far away from the start
and the figures at the bottom would
be greatly in excess of the first line. 1t
might be thought by people away from
Macon that there was little or no feel
ing among the people. But that i'm
preston, wherever it obtains, would
be erroneous. The feeling is bitter
it is intense. It has been growing more
and more intense.
AT the start ugly expressions were
the extentpf the talk, but, of course
this was Idle, and to it no one gave
heed. but as time went by the feeling
adverse TO President Plant and the
other bank people began crystallizing
and Thursday morning half dozen
Of the leading citizens Of Macon, each
a man Of standing and character,
signed a call for a mass meeting to
be held at 10 O'Clock Friday morn,
ing.
One of the moving spirits in the
convention, Hon T. J. CARING, went
to the bank only a few days before
it closed doors and stated to the cash
Ter that he had been informed that
tho hank was Shaky
The cashier denied most emphatical.
ly the story, and upon that denial Mr.
CARING not only deposited something
like $4,000, but it was upon the show
ing Of his bank book to lady who
was seeking bank in which to place
some money that she handed in her all
and now finds herself pennless.