The Yale expositor., 1907-12-20

Wednesday morning, and Mr.. Glazler
refused point blank to quit the ONCE.
The governor pleaded with the
financier to withdraw as gracefully as
possible for the interests OF both him.
self and the public, but Mr. GlaZier In
sisted that he will remain in ONCE
and fight to the utmost all steps TO
GUST him.
The governor will at once take the
necessary legal steps TO have MT.
Giazier removed, and the state treas
urer will be cited to appear in Ian
| sing and answer the charge against
him of gross neglect of duty" as soon
as he is able physically.
1t is necessary for the governor In
taking steps to remove the treasurer
to move along a well-det1ned path.
The charges must be formally pre-
pared and submitted and then notice
served on Mr.. Glazier, who must be
given an opportunity to meet them.
The governor makes this plain state
ment:
Mr.. Glazier declines to resign and
/ shall at once commence proceedings
for his removal, believing the best in
terests of the state demand such ac-
ton. Having decided to continue in
office, Mr.. Glazier will doubtless avail
himself of every legal method to de-
feat my purpose TO make change. L
am informed, however, that the pro-
cedure in such cases has been well de-
fined in Michigan and have no doubt
of the result.
shall cite Mr.. Glazier to appear
before me and show cause why he
should not be removed and shall set
- kIx,.g let IN
nection with the state funds. Quoting
the very words of the constitution au-
thorizing the executive to remove GER
tain state officers, l believe there
was "gross neglect of duty" by the
state treasurer. The position of those
who advise and sustain Mr.. Glazier
in his refusal to resign is absolutely
untenable, in my opinion.
| shall do what / believe to be my
duty in this matter. had no desire to
present this matter to Mr. Glaziei
while he was physically incapacitateo
and have waited on that account.
, can see no reason why these proceed
5 Ings should be long drawn out. II
! shall certainly be my endeaVor tc
' bring about a change as soon as pos
4 sible. The public will be taken int
5 nv confidence in all the proceeding!
relative to Mr. Glaciers removal.
) have been acquainted with Mr. GlaZie
: for many years, even before he was {
D state officer, and always esteemed hn
< highly. The fact that we were per
), sonally on good terms will not inter
2 fere with my duty now. The state
r interests should be protected and tn
: course l have outlined will be To-
lowed out. -,
e Atty..Gen. Bird will be ready wit
It the papers in the removal proceed
5 ings against state Treasurer Glazie
this week. The charges will then b
u signed by Gov. Warner and date 10
= the hearing set. Until the charge
}; have been submitted to the governo
y they will not be given out for publ
cation, but IL is understood that Tn
e attorney-general's department doe
"a not propose to have the papers ia
5 for lack of attention.
w. ]. Dancer, receiver for IN
p Stockbridge Commercial bank, whic
, closed as a result of the failure {
st Frank p. Glazier, who was a par
y ner. will be able to make report
S. the circuit court this week. 1t
n, said the bank does not have a piec
- of poor paper except that whic
* Glazier placed in 1t, but as Giazler
rs loans and those of his family al
n. about one-fourth of the deposits
the bank, the assets are expected
q. shrink considerably.
Suit for S3,359.04, alleged to be dr
% for installing a heating and pow'
~ plant at a cost of $29 .4S9.54, has bee
d, started against the Glazier Stove o.
of Chelsea. by the Evans-Almorell Ct
of New York. The suit, 1t is believe
d. may be the basis OF request for
OF receiver.
~ Directors of the Glazier Stove c
to held a meeting last week. but d
d. clined to tell what action was take
Il. Glazier is still confined to his hou
at and under orders from his physical
IL talks as little of business as possibl
w. w Wedemeyer, receiver for Il
Chelsea Savings bank. has filed b
n. bonds for half a million dollars. J
takes 100000 out in the Banker
NJ Surety Co. Of Cleveland, 100000
KS the United States Fidelity & Gus
at anty Co., of Baltimore, and $1,000
a. in the Title Guaranty Co., Of Scrs
ton. Pa.
IL. The Republican and Democrat
a committees will try to arrange v
ok untary primary TO take the place