The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1913-10-11
DEPoslToRs MEETING.

Co., and the subsequent direction OF
affairs by the State Bank Examiner
found expression, Wednesday night
in a meeting, when resolutions were
adopted, embodying certain questions
to be asked the State Bank Examiner
on his arrival in town Friday. The
resolutions were signed by A. FBar-
row, Abe Mann, P. S johnson, George
Newman, George Rettig. Judge Golsan
acted as chairman of the meeting,and
E. S. Muse secretary. About 30 per-
sons were present, and there would
probably have been more had they
been appraised of the proposed meet
ing.
The proceedings of the meeting
were as follows:
st. Francisville, La, Oct. 8, 1918.
At a meeting of number of the
depositors of the defunct Feliciana
Band and Trust Co., held at the Court
House, in the town of st. Francisville,
La, ON Wednesday, October 8, 1913,
at 1880 p. m.
Judge Jos. L. Golsan was made tenn.
porary Chairman of the meeting, when
after a general discussion, on motion,
duly seconded, the chair appointed
the undersigned Committee to draft
suitable resolutions to be presented
to VIM. l.. Young, State Examiner Of
State Banks.
The Committee then reported the
following resolutions:
We, your Committee beg leave to
make the following report:
That the following matters be laid
before the State Examiner of State
Banks, VIM. l.. Young, with the re.
quest that he give us an immediate
answer to the following questions:
/. What will be the per cent OF cost
in the liquidation Of the banks at.
fairs?
2. Why can't you give us q local
man that will give his entire atten'
ton to the business of the bank? =
8. With what bank are the funds
taken from this bank now deposited
and are we receiving interest on that
deposit? If so how much? If not
why not?
4. 1t is now reported to us that an
amount now approximating $25, 100000
has been collected. We desire to
know if it is. possible for some ar
rangement to be made by which the
bank can distribute these funds to
the depositors, and il not is that
amount not sufficient when added to
the cash which is In your hands to
enable the bank to begin some sort
of activities itself?
5. BY all means we ask that you
give us a receiver that will be in his
office during Office hours every day in
the week.
6. We ask that a weekly statement
of collections be posted in the Bank
every Monday morning.
z. Local conditions make us fee
that in the selection of an attorney
one should be selected whose usua
charge is in keeping with circum
stances and conditions, such as We
nave been accustomed to, and there
fore ask that in the selection of al
attorney definite fee be arranged
| for, or an attorney be selected from
| our surrounding country, who has
been accustomed to charge fees sucl
as we feel able to pay,
| We have no desire to criticize Col
Cross, or object to him as an excel
lent lawyer, but this being a simpl'
business question, we desire to lool
into the matter of cost of the attol
Iney, as we feel sure that an attorne.
tequally as competent as the distin
Iguished gentleman, could be selecte,
from the district.
| We your Committee, suggest that-i
| be the sense of this meeting that ou
action tonight, is in n0wise intende
as reflection or any dissatisfaction
with Capt. o. B. Steele, in his capac
| ty or intentions to attend to our a
fairs, but we simply feel that it is t
the best interest to all concerne
from the question of economy tina
we select local man, especially a
Capt. Steele cannot give us the tim
that we feel the affairs OF, our ban
demand, as We feel man in author
ty should be in-the bank during bE,
ness hours in order to answer an
and all questions pertaining to tn
, banks affairs.
i Respectfully submitted,
, (Signed:)
Il A. F. BARROW,
ABE MANN,