The San Francisco call., 1908-08-17
BANK VICTIMS ASK
FOR INVESTIGATION
Market Street DepOsitOrs De-
mand That LangdOn Hunt
for Fraud
Members Hold Stormy Meeting
and OamOr for Martel, but
He Does Not Appear

The Market street bank depositors
protective association called upon Dis
trict Attorney Langdon, by resolution
yesterday to probe the affairs of the
Market street bank and TO prosecute
vigorously all persons guilty of mis-
management of the institutions af-
fairs Many Of the depositors were in
an angry mood. They were all waiting
for Martel. president of the wrecked
hank, to appear and explain several OF
the transactions that are on the books
Of the bank. Martel did not appear
Neither did any of the other directors
OF the bank.
The resolution calling upon the dis
trict attorney 10 investigate the affairs
of the bank did not come until just
before adjournment. Henry Sparren-
berg, one Of the depositors, was grant
ed the floor and made a speech in
which he denounced the directors OF
the bank and the district attorney.
Langdon was scored for what the
speaker termed his inactivity. Spar
renberg said:
The receiver states that there is
erookedness on the face of the books
Of the bank; if there is, the men who
are guilty Of these frauds should be
placed where they belong. Why doesn't
Langdon get busy and bring these di-
rectors 10 the front? 1 can tell you.
It's a word Of FIVE letters-graft"
At the conclusion of Sparrenberg
remarks the audience began TO roar
for Langdon TO take action. Chairman
Randolph was on the point of adjourn
ing the meeting when John r. Tyrell
who had defended Receiver Mooser
earlier in the afternoon. presented the
following resolution. which was unani-
mously carried:
whereas. the dishonest and eorrupt prac-
cces OF the officials Of the Market street bank
have caused that institution to be placed in the
hands OF q receiver, and the report of the re
ceiver shows gross mismansgement the part
Of the officials amounting to violations Of the
law, and
Whereas bank failures are source of great
hardship and suffering TO the depOsitors therein.
and II is high time the guilty officers should
be punished. now therefore be ii
Resolved, that the Market street bank deposit
ors protective association in convention assem-
bled, does hereby call upon the Honorable VII
IAN a LaHsGou to lI.'tVesLy P-oOe me az AZ
committed vigorously 10 prosecute the guilty
ones, without favor or INN unity.
There were no protests among the
depositors. Every member of the as
sociation was IN favor of prosecuting
the men who, they claim, stole their
savings There were more than 40o
depositors at the meeting. They all
voted in favor of the resolution.
The members of the committee OF
the association made an appeal to those
not already members TO join at once
The speakers declared that nothing ef-
fective could be done without ma
jority Of the depositors behind the as
sociation. Secretary VI. H. Morri,
scored the courts and bank commits
sioners in his remarks. He claimed
that Il the commissioners had ATTENDED
10 their business properly the failure o.
the bank never would have happened
Allegations that the receiver would
put in a bill of more than 100000 Tol
expenses and salary brought John r
Tyrell 10 the front in defense of Mooser
He explained TO the meeting the neces-
sity of having a receiver and asserted
that the receiver was there TO look
out for the depositors' interests and
not those Of the bank officials. The
question of bringing suit against the
directors was deferred until the full
report of the receiver has been made