The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1914-03-04
First National Bank Depositors,
Restless Over Alleged Delay,
Appeal to the Comptroller
Mass Meeting is Held and
a Committee Named to
Take Up the Matter of
a Quicker Liquidation.

some TWO nUnQToo GSPOS1tOrE or Jl1e
First National bank assembled at the
city hall IN response to q published
call yesterday, and the most intense
interest was manifested by all present
An appeal will be made direct to the
comptroller for the early liquidation
OF the business. The crowd soon oc-
cupied all the available seats in the
room, and over1owed into the part OF
the room set aside as g. council cham
Der. Ladies were plentiful in the as
semblage, and colored people who were
interested to varying amounts in the
opening or the payments OF the bank
in question, were on hand. Speech
making was indulged in by numerous
ones in the audience, and it was evil
dent that the crowd was gathered for
one thing-that was to get their money
rom the institution in the best pos
sible way and in the quickest way
possible. T. Pascoe was elected chair-
man OF the meeting, and Chas. J. Levey
secretary. The discussion took on a
wide and varying range. some of the
speakers touching upon matters not
quite relevant to the main object Of
the meeting.
Before the meeting sdjourned, a
committee Of ten was named to rec
for a committee of five who were to
handle the question direct with the
comptroller OF the currency IL possible
The committee of ten who acted as a
nominating" committee were as fol-
lows: Messrs. H. r. Namely, r. w.
Marsh, A. V. Clubbs, George Clutter
James Hansen, H. H. Boyer, j. E.
White. w. 8. RosaSco. Robert Gray and
Bend Hilton. s~--
COMMITTEES IS NAMED.
This COMMITTEES held conference
of ten minutes in a room used by the
board OF bond trustees and reported
the following names Of men who were
to handle the question with the comp
trOller of the currency ff necessary:
Messrs. H F. Namely, Chris Thiesen.
Robert Gray, H. H. Boyer and George
W. Johnston. In explaining the powers
OF this committee, John S. Beard, who
enlightened the gathering upon the
legal aspect Of the matter, said that
the committee OF five had full power
to carry the question to the comptroller
OF the currency and demand a speedy
dividend. Upon getting something
tangible In the way of a reply, 1t
was the understanding that the de-
posStors would he apprised of the fact,
and that they would be- summoned to-
gether to learn OF it The commit |
tee may report at any time it seems
convenient. but the way they will sub |
init their findings will be later agreed |
upon The city hall was offered to |
them, either day or night, sich an Of |
fer being made by the mayor who |
was also an interested spectator at the |
meeting and who seemed to take keen |
in the proceedings.
THE MEETING ORGANIZES.
The meeting WaS called tc order at |
4 o'clock by MIR. Namely, who was in |
in getting the depositors TO- |
gether. He announced the purpose Of |
the gathering and Mr. Pascoe was soon |
chosen to preside. Mr.. Levey was Sc |
lected as secretary of the meeting |
without opposition, and then the ora
tory started. Mr.. Namely, leading the /
remarked that thus far /
had been held by the stock
holders, but this was a gathering OF |
depositors who were to devise means
to get their money from the defunct
Institution if possible. He first pro-
posed a committee OF four to handle |
the question even II they had to go
to Washington to get at the truth of
the matter and have It placed prope. ly
before the comptroller. In this stand
he was supported for the time being,
burt after several other suggestions
were made, it was resolved to name
a. committee to undertake a solution
CONTINUED on PAGE SeVen)