The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1904-05-26
NEARLY MILLION SHORT.
Receiver Makes Preliminary Report
on Condition Of Suspended |. c.
Plant Sons Bank.

n. b. COrDln, leCel'tt vi Ine - "
Plants Son bank, a. Macon, Ca, act
ing under direction Of Judge Specr:
completed at midnight Thursday night
a preliminary report.
Receiver Corbin states that Nj.
Plant has been confined to his resi-
6encc for some weeks by illness anG
on account of mis- condition it has
been impra cticable to obtain from him
directly the details of the large busi-
ness which be 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 I. C. Plants Son and
from such records as are kept By his
cashier and secretary.
lie also states that a large part OF
the business conducted by Mr.. Plant
was transacted in his private office:
of which there are no records upon
the books CT l. C. Plants Son and the
data of which is kept in All informal
way by Mr.. Plants secretary and will
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 sS44,051. .OS OF
the liabilities over nominal assets.
The report of Receiver Corbin shows
total liabilities of s2,243,22s.72. To-
tai assets foot up 399,177.64.
A great list could be made of peo-
pie who put their money in the l.. c.
Plants Sons bank, because CT the
faith they had in that name.
Hon. r. ]. 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 life time; Mrs. DR.. Gibson, OF
Vineville, had there several thousand
dollars, the money which came from
a life insurance policy; Mrs. E. L.
Gernaey had $4,000; Mrs. S. B. Price
had $4,000; DR.. Marshall, OF Rey-
nolds, had s56,00O deposited; Barlow
stubbs is out over $4,000; Sidney
Stubbs is out about s50,000.
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. 1t has been growing more
and more intense.
At the start ugly expressions were
the extent Of 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
othe. bank people began crystallizing
and Thursday morning a 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 few days before
it closed doors and stated to the cash
Ter that he had been informed that
the bank 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 a lady who
was seeking a bank in which to place
some money that she handed in her all