The San Francisco call., 1905-01-10
MORRIS ISSUES
NEW CIRCULAR
Director and Former Cashier
of Central Bank Fires Sec
Ond Gun in His Attack
SCORES VICE PRESIDENT
Charge of Forgery and Fraud
Is Made Against Officer
of Important Institution
VICE PRESIDENT
Oakland Office San Francisco Call

Oakland Office San Francisco Call,
1016 Broadway, Jan. 8.
The second gun in the fight among
the stockholders of the Central Bank
was fire dto-night when S. H. Morris,
the recently retired cashier and g.
director of that institution, issued an
other circular to the stockholders of
the bank. Morris was for while CASH
ier of the bank, and after his retire
ment from that office he remained as a
director. He is still one of the largest
stockholders, if not the largest single
stockholder, in the big financial con-
Germ, but he is fighting the manage
ment
He fired the first gun two weeks ago,
when he issued a circular that stirred
Oakland to it's financial center. The
stockholders of the bank answered his
circular by meeting and removing him
from office as a director. Now Morris
has mailed to every stockholder in the
bank a circular letter that is bitter to
the last degree against w. G.. Palman-
teer, the vice president and general
manager of the bank. The charge Of
forgery that is made against Palman-
teer in this circular has been inves-
tigated by the directors of the bank,
and Thomas Crellin, the president Of
the institution, is the authority for the
statement that it has been thoroughly
inquired into and disapproved. The
majority of the stockholders are with
Palmanteer in this fight, but Morris,
who holds the largest single block Of
stock, still keeps up the fight in his
circulars. The latest circular issued by
Morris is as follows,
OAKLAND. Cal, Jan. s.
To the stockholders of Central Bank: I was
director in the Central Bank for several years,
and at the last annual meeting of the stock
holders / was turned out by the use OF forged
and fraudulent votes. l was naturally very
indignant when I discovered that w. g. Pal
manteer was the perpetrator of these unlaw-
full and dastardly crimes. / now denounce
and charge w. G. Palmanteer with willfui
and deliberate forgery in connection with the
affairs Of the Central Bank.
1 further charge him with manipulating and
using forged and fraudulent proxies at the
annual meeting of stockholders held in March
last and with the further niquity of falsify-
ing the records of the Central Bank. Forgery
is the criminals most potent weapon. The pen
in the hands of a forger Though at times II
may only make an x) is more feared than any
competitors. and it requires eternal vigil
lance to guard ourselves from Its secret and
dangerous attacks.
bank officers reputation for honesty. in
tegrity and business probity should of all In
dividuals be above reproach. When he Jug
giles with the affairs Of the bank and violates
the laws of the State. when he resorts to for
gerry, ballot stuffing, Justification of records,
intrigue and other reprehensble practices that
If known would bring ruin and disaster in
their wake, it is time for the stockholders of
this bank who possess the old-fashioned
standard of business morality to take such
steps as will safeguard the interest of the de-
positors and patrons of this institution. The
retention of a forger at the head of this insti-
tuition after the exposure of his unlawful and
dangerous practices will be a constant re-
proach and menace to the prosperity and safety
of this bank.
What / ask and desire is that the stock
holders of this institution attend in person
the annual meeting to be held January 10, 1905,
and after learning the exact state Of affairs
take such action is necessary to purge the
institution of the criminal element; eliminate
all taint of wrongdoing and erect on the ruins
of forgery. fraud and corruption a standard
of honesty, probity and integrity unsullied
by the taint of crime and uncontaminated by
any act of trickery or deceit.
H s. MORRIS 1105 Jackson st.