The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-10-28
treasures Of the local lodges to pay
sick benefits and to defray local ex-

sick benefits and to defray local ex- n
penses. y
Perhaps most Of the 1000 subordinate
lodges In Virginia kept their funds on
deposit with the True Reformerss Bank
II this is found to be correct, the dim Z
culties in the way Of ever getting the r.
order on It's feet will be incomparablyiI
greater than at first supposed.
May Keep Mems,ership.
u this connection the Bureau OF In
surance desires 1t made clear that the
suspension OF the license does not
mean that the order cannot eceive I
regular dues from those who are al
ready members No new members may I
be received, but the old members, II
they so desire, may keep up their pay a
ments. and II death or sickness losses
occur, they will have their share OF
whatever is saved from the apparent
wreck. AZ a matter or fact, the only
possible way In which the order can
Z, hope to continue in business Is through
i 1.-The loyalty OF Its members.
Il Nothing can8as yet be told as to the
4 future. 1T is still hoped. however by
the Bureau OF Insurance that sum-
, Client amount OF the deposits OF the or
der in the bank can be recovered In
/ the settlement to pay Z, on the claims
III against the society. Then. with con-
& seryative mana cement. It may be en-
abled to proceed with Its current rev
s enues. No moneys belonging to the
= order are now being d deposited in the
Reformers' Bank. but arc being
g placed In other institutions.
II sin addition to the fund Of the True
fI,o1f3
/, |fdeposits OF public institutions The
$ Iindivtdual amounts are not large, but
Z the losses will fall heavily. One large
lllscolored church, 1t Is reported. had al
Hts availa Bile cash, something less than
It $1,000, on deposit. 1nnumera BILE cflilrch
l. societies had small sums In tn bank,
lie and probably half ao of the colored
a churches Of the city are to-day Grips
r. Mad because of the receivership. JpW
to imuch they will ever realize is prople-
ne ma tical /. A maximum OF So per cent
re has been estimated. but in most quar-.
sr. tiers this is regarded as too large q
in, figure.
he individual cases of loss are numer-
= Gus savings deposits Of Woodworking
m land thrifty colored men and women "a are
Involved. Many laborers and s5tlolnes,
tics told their employers that their a.
s8 was in the bank which has gone doWr
- into possibly complete ruin. The situ I
- = alton in many colored homes Is, sa sac =
be most pitiful. y, - -
Z. a great deal Of tai was heard yes
terday as to possible prosecutions az.
ii is freely believed that tntormatiol
CHI viii q lodged with Connie nwealt his Az
The; torney Folkes Several pos lbllille
al al are mentioned In this connection
81 y Tn the first place. there are whisper
;cs az to nlisappropriation s md, " nj g IN
ns sis not credited by many OF The fnegroe
bs- aneeted themselves; there are o 9TH
the mn n ers to be explained. One OF tue:
ven 10 Sthe alleged reception Of deposit
usttB after the officials OF the d hank we
.ble notied that the institution vas
as is 4imprisonment in the peni tentiiary
5sto5{t In addition, it is said thu slyo >
uai- statements fsthe bank as as :
for- IN recent months tosthe State Corp
.the: ration Commission, did not 1 !dd''uI
a az the true condition Of affairs Z here :,
~ also penalty Of IMPRISONMENT =.
ally making false reports to the corp u g
,hays i'm [, nmmiS ssh on ~ ii{4 AE