Norwich bulletin., 1913-06-26
DANIELSON
of7icials Of Wirdham County Savings Bank Become MiIitant-AIiege Deu-
 ble Dealing on Part of Bank Com :
 r,,issioners-T threatened to Petition Governor Baldwin for Thsir Removal.


 Alleging that their institution is be- ing made a subject of unfair treat = ment that It's dissolution may be ef fected, officials of the Wtndham County Savings bank are now ready to say for publication things that they have heretofore been willing to mention privately Facing crisis in the bank affairs that has been precipitated by the application of the state bank com missioners for the appointment of a I receiver to wind up the affairs of the institution, the directors are no longer content to let matters drift In the hope that the situation would adjust itself satisfactorily, as they have all the time felt confident would be the case, but have now assumed a militant attitude and are promising to bring out some facts that will prove highly interest ing to the public.
 One Of the directors said Wednes- day: We have been pushed to the limit: now we are going to fghti We have felt from the beginning that the banks difficulties were due to inter- ests that are seeking to smashsthe in : stitution. We are convinced that the banks troubles are due to the activity of these interests We feel that we have been unfairly treated by the bank commissioners and a petition for their removal from office may be presented to- Governor Baldwin. charging that
  regards their treatment of the Wind- ham County Savings bank"
 This director claims violations Of agreement or understandings with the bank officials by the bank commission CTS, naming as specific instance an incident alleged to have occurred at a meeting of the commissioners with the directors in the banking rooms of the institution here toward the latter part of March and only a few days be- fore the expiration of the first six months for which an injunction was placed on the bank restraining 1t from doing business. The claim of the bank officials is that in the presence of eleven persons officially connected with the bank, the commissioners told them at that time that the bank was solvent and that 1t would be allowed to re- open in a few days and plan for the reopening was outlined by the eon1- missioners. A few days later, and as crushing surprise to the bank off, cialS, they set forth the injunction was extended for another period of six months on the ground that the bank ment of its assets furnished by the commissioners In the meantime the bank had transacted no business. be- ing restrained from so doing, 1t is pointed out
 The directors claim a further change of policy on the part of the commits Sioners in connection with the appli- cation for the appointment of a re- ceiver, the claim of the bank officials in this case being that the commits sioners had agreed with counsel for the bank not to make any such appli- cation without first giving notice to the bank of intent to do so, which was not done.
 These developments have stirred the bank officials to fighting spirit. They insist that receiver for the inStitu- tion is not required. but if one must They claim that the bank holds certain bank stocks and other gift edge secur- ities and they do not propose to have this cream of the assets skinned off by rival interests, that have a special object in desiring to secure it, as they feel they might be able to do under recefvershfp unfrierdfy to the bank.
 Over the telephone Bank Connrnis- sioner Norris S. Lippitt in Hartford was asked Wednesday afternoon by a Bulletin reporter if he cared to com ment on the allegations of the local bank officials, the nature of which was made known to Commissioner Lippitt.
 Commissioner Lippitt said: We will tell our story in court at a hearfn g which has been postponed until July r"
 Asked if he cared to affirm or deny cOInTnlSS1On0TS had promised the bank officials that the institution would be allowed to re- Sume business as stated by the bank officials and asked as to promising to notify them if an application for a receiver were made, Commissioner Lfppitt said that the discussion of those particular matters at this time simply involved a question of veracity between the commissioners and the bank officials. and he would talk no more about it.
 Commissioner Lippitt said that he knew that the commissioners had been accused of about everything possible in connection with the Windhan County Savings banks difficulties and the plan to establish a new financial institution in Danieison and added that he cared nothing about any statement that might be issued by the officials of the Savings bank and indicating that the commissioners have not been guilty of any breach of faith or dishenGrabie dealing in the Danieison bank sit- uation.
 Commissioner rAppitt made 1t clear case will be reserved for recital in court.
 Visitins in Provideree.
 Principal and Mrs Robert K. Ben nett Left "Wednesday afternoon for a visit of one week with relatives in Providence.
 Benjamin L. Bailey of wallingfori has been a visitor with friends In
 Dr. L. J. Merlin was one ef the speakers at the St. Johns day meet ing of Che Union gf4 Jehn Baptist councils in Putnam.
 On Canadian Outing.
 Mrs L. J. Lenfeux. left Wednesday afternoon for stay of three months with relatives at Eherbrooke and Raxnouske, Canada@
 M. H Keller returned to Boston Wednesday after a visit with friends in Dazaielscn-
 Henry A. Morris of South Norwalk was visitor with friends in Daniel son Wednesday.
 Frank J. e. Bailey has returned from weeks visit in Boston.
 One party has been organized and another party is projected for an tau- tomobile trip from Danielson to Can ada and return during the second week of August. -
 Miss Helen L. Bailey. member of the teaching force in the public schools at Winthrop. Mass. is spending her vacation at her home in town.
 Miss May S.. Bailey of Boston uni- versity has joined the working force of the Moreland, a summer hotel at Gloucester, Mass.
 The Baptist Sunday school picnic at Roseland park is to be held tomor- row (Friday),
 Gone to Oakland Beach.
 Mrs H. s. Franklin, Misses Mae Franklin, Bertha Franklin. Ruth Franklin, Charles E Franklin and Howard Franklin and their guests Mrs. Ida MeCormae, Miss Hazel K T O