The San Francisco call., 1909-07-22
DOUBT ABOUT THE
NOTE FOR $4,000
Asset of Union State Bank May
Prove Not to Have Been
Negotiable
Widow of Won Meyerinck De-
cIares She Will Pay if Hus-
band Was Defaulter

of Attorney Charles L. Patton, sold by
him to the Union state bank and used
by that now defunct Institution as Sc
ence Oranges Metropolis bank and
trust company, developed yesterday in
the investigation being made by the
men working under superintendent of
Banks Alden Anderson into the affairs
of the wrecked Union state and State
savings and commercial bank
An angle of the transaction is that
Frank V Kington, attorney for the
banks and director OF the Union state
at the time the deal was made, was
associated with Patton in the litiga-
tion, for which Mrs Monnier paid the
fee covered by the note. The note,
according TO Patton, covered both his
and Kingdoms fee.
MRS. MONNIER's STATEMENT
Regarding the note, Mrs Monnier,
vEen seen at her residence, 1I39 Col
den Gate avenue, last evening, said: Il
had an agreement with my attorneys
Mr.. Patton and Mr.. Kington-that they
were TO get a certain per cent of the
amount involved in law suits. They
estimated the fee to be about $4,000
There We're several agreements made
regarding that fee and the matter is
not settled yet. 1 can not say that the
fee will be 100000 But / can say that
L did not give my attorneys permission
to sell that note to the bank 1 can
not discuss the business further, be-
cause it is entirely unsettled, and
don't want any notoriety."
superintendent Of Banks Alden An
derson was out of the city yesterday,
but Fletcher A. Cutler, attorney for
him in the affairs connected with the
two crippled banks, of 69l Market
street, stated that the Monnier note
was among the securities given by the
Union state bank to the Metropolis
bank and trust company. and that
while previously he had not heard that
Mrs. Monnier disputed the negotiable
ity of the note, there was considerable
question regarding the paper as a Sc
curity.
While the value Of the $40. 600 note
was a question disturbing the bank
examiners yesterday there was whole
some incident occurring in connection
with the case of Baron William Won
Meyerinck, former paying teller of the
bank, who committed suicide after
having been asked to explain a dis
crepancy of $500 in his accounts Bar
oness Anna Won Meyerinck, accompa-
MED by her son. Herbert Won Meyer
inck, called at the bank shortly after
noon yesterday and asked to see S. p
Young, state bank examiner, in charge
OF the premises.
WIDOW WOULD PAY SHORTAGE
Il do not believe that my husband
Incorporated any funds, said Bar
oness Won Meyerinck. But if it can
be shown that he did l pledge myself to
reimburse the bank for every cent
which he might have taken"
Young acknowledge the promise of
the grief stricken woman. and said
that he would report to her as soon as
the affairs of the bank were intelligi-
bly, Strengthened out.
After the Won Meyerincks had left
Young said that at present no further
investigation was being conducted into
Won Meyerinck's affairs, and that so far
as the examiners were concerned the
question of the shortage was in statu
quo The last report from the exam
iners, however, was that Won Meyerinck
was short $500 in his accounts when
he left the employ of the bank.
Attorney Frank V. Kington was
around the bank office all yesterday
afternoon, but continuously denied
that he had recently been attorney for
the bank. However, it developed yes
terday that the first act of Kington,
after he returned to the city Tuesday,
was to tell superintendent Anderson
that he had been attorney up to last
Saturday and that he wished to put in
claim for salary as a preferred cred
itor.
A prominent attache of Anderson's s
staff, when told that Kington denied
that he was the attorney for the banks,
said: Then he can't very well press
the claim which he has made for salary
up to last Saturday.
4 rNxrr, a rrr,
There was lively debate yesterday
afternoon between Kington and Ira c.
Hays, paying teller of the banks and
brother of W. c. Hays, the master
fnancier of both the twin banks and
the bankers road show that played
roulette down A Mon Chateau way.
"T. A. Bechtel says that Clarence
lGrange controlled this bank" said Hays
positively.
Grange had nothing to do with it,
retorted Kington.
But Bechtel says that he had. and
I'll take his word as soon as 1 will
take yours" answered Hays quickly.
What do you mean by saying that
you Will take his word as quick as you
will take mine?" demanded Kington
with acerbity.
"Bechtel says that Grange had an in
terest In the bank and you say that he
!
BechtePs word is as good as yours. I
know that Grange attended meetings
of the board of directors and / am told
that he advised what should be done
Were you at any of those meetings?'
questioned Kington adroitly.
NO" said Hays.
well I was" asserted the attor-
ney. II know what l am talking about.
Grange is as honest man as there
is in this city. He did not try to dom
| mate this bank. At the directors
meeting at which he was present he
did nothing but consider those ques-
tions in which he, as vice president of
the Western national bank, the bank
which cleared for these banks, was in
| terested. He did not own share of
stock In these banks, nor did he con-
| troll share. The note which is held
by w. S. Miller, representing the mi
nority stock holders. was given to
Grange simply for collection and car
ried with it no power which Grange
might have asserted had he wished. |
can say positively that Grange is not
interested in any way in this bank"
At times during the discussion the
voices of Hays and Kington rose bel
IIigerently, and the context of the dis
cnssion could not well have been missed
by Bechtel, who was standing near dur
ing a part of the dispute. but the