The Washington herald., 1913-12-14
OFFER TO DEPOSITORS
OF DEFUNCT CONCERN
Seven Directors Of Trust Company in
Alexandria Agree to Give $40,
IN Settlement.
MAD DOG VICTIMS TREATED


the twelve directors OF the defunct yir-
ginia Safe Deposit and Trust CORPORA
tion have made an offer of 10000 Al a
compromise in settlement of-aIl claims
pending against them In the suit insti-
tuted by Receiver Howard w. smith.
the 1000 depositors in the concern. In
forming them OF the offer. and directing
them to inform him IL they desired 10
accept IT. The creditors are scattered
throughout the State. A number, how
ever, live here.
1t Is stated by Receiver Smith that IL
the compromise Is accepted the amount
OF money received, supplemented by funds
already in hand, will enable him to make
the creditors further payment of an
proximately or per cent
The opinion prevails that the majority
OF the depositors viii favor accepting the
offer.
In his letter to the depositors Rece,var
Smith says: Some time after the fall
ure OF the Virginia Safe Deposit and
Trust Corporation I was directed by
the court to institute proceedings to en-
force the liability. II any, Of the dIrec-
tors of the trust company growing ont
Of their alleged negligence in the man
agement Of the affairs of the concern.
instituted suit in the Corporation
Court Of this city, which Is now pend
ing. The directors are contesting this
suit vigorously. and the indications are.
II the litigation is pursued, II will not be
finally terminated for several years.
TT is impossible to tell what VIII be
the outcome Of the litigation. or II sue
cessful. what will be the financial re-
sponsibility Of the directors when a
final Judgment Is obtained. In this con-
nection I think 1t proper to state that
the grounds Of this suit are that the
directors were negligent in managing
the affairs Of the trust company. and 1t
Is not maintained that any of them
were guilty of personal dishonesty"
A total of IS per cent already has
been paid the creditors of the concern
since its failure. December .. 1910 c.
Jones Rixey, who was president OF the
concern, escaped trial for the shortage
by being declared Of unsound mind.
Rixey Is now an inmate Of the asylum
at Stanton, Va
Considerable anxiety was felt today
among seven people, most OF them living
in Rosemont. when It was ascertained
that a dog that bit them was suffering
from rabies. according to- information
IcNclNCu Oy Dcpuly OIuCST LIT.
J. J. Garvey. DR.. Carney at once COM
municated this fact to those who had
been bitten The victims Of the dog,
which was a four-month-old pointer. fost
no time in going to the United States
Marine Hospital Washington, where
they are taking the Pasteur treatment.
They were advised to come twice a day
for three days.
Those bitten are Mrs. Victor Emerson,
ST.. this city; C. d. Hubbard and wife
and little daughter. Miss Elizabeth: Ed
NJ Graham. David A Studs, all of
and Leila Parker. colored.
employed as a cook at the residence OF
+. A Hulfish. Rosemont-
DR.. Garvey had the puppy killed and
Is head was dispatched to the Bureau
of Animal Industry, Washington. for
George Young. a Fairfax County
armer. seventy-three years old, dropped
lead shortly after 10 O'Clock this morn
rg in front of the Royal street entrance
70 the city market Heart trouble Is
ascribed as the cause of death Drs. e.
L. German and T. NJ Jones were sum-
noned and pronounced life extinct
Mr.. Young had just stepped from his
wagon, preparatory TO entering the mar
ret. when he was stricken The body
vas taken to Wheatley's undertaking es-
Adjustment and prepared for burial
Besides his wife. Mr.. Young leaves
several children He conducted a farm
It Pohick. Fairfax County. During the
= ar he served In the Confederate army,
,eing a member Of Kemper's battery.
lie was a member of R. E Lee Camp,
Veterans. His funeral will
AXE place at 2 o'clock Tuesday afternoon
rom his home at Pohick-
Police Justice r. Gordon Finney, Of
Alexandria County, announces that after
January ]. all Washington automobilists
ntering Alexandria County VIII have to
ave Virginia licenses. otherwise they will
'e arrested and fined
The following officers have been elected
W Potomac Lodge of Odd Fellows: J. ".
noble grand; c. E Reming-
on. vice grand; II. L. Williamson, re-
ording secretary: W. z. Latham. finan-
ial secretary; l. Morgan Davis, treasurer
for the thirteenth consecutive term).
These officers Will be installed January ,
" W. d. Studds. district deputy grand
master.
William Knowles Cooper, general secre-
MY - eAC
,hristian Association, at $50 o'clock to-
morrow afternoon will address a mems
Meeting In the Westminster building OF
he Second Presbyterian Church.
Among the speakers at the annual ban
uet of R. Z. Lee Camp. Confederate
to be held January 1s at It's
Iome In observance Of Lees Birthday
Ti1 be Senator ]. K Vardsman, OF MIS-
issippi
George Finch, against whom q grand
ury returned several indictments 70
entity, following a raid on his place and
he recovery OF a quantity Of goods al.
eyed to have been stolen, today tur-
ished q bail bond IN the sum Of 300
OF his appearance at the January term
{ the Corporation Court.
Mrs. T. Clifton Howard has resigned
$ president OF the Children's Homa
Rev. Owen W. Triplett. Of Charioetes-
lille, Va, who recently accepted q call
D become pastor of the Second Baptist
Fhurch. win preach at that church to-
borrow.
HINAMANS CHEST HIS Crank"