The Semi-weekly leader. (Brookhaven, Miss.) 1905-1941, 1914-03-11

ing salary OF Charles j.
Moore, auditor. to date
s425) 2.O55.OO
Cash on deposit Book
haven Bank and Trust
Company, secured by
bonds SO. .922. 10
Sfss, 1877 6s
Less cash on hand and in
banks at close of hank SO. $50 46.
Total collected by assignees
to date $l01, GIT. %
Mr.. Cohn stated that the inter-
est and rents earned since the clos
ing of the bank had paid the run
ming expenses and showed a bal
ance to the good of 81, ,487.55.
This does not include. however, the
premium on bond given by the
assignees nor attorneys fees.
Asked about the size of the attor-
|ney's fees, Mr.. Cohn stated that
a. expected to conclude an arrange
ment whereby the attorneys would
not expect any such amount as has
been allowed in some similar
cases. but would receive approxi-
mately the same fee as the as
signees, which is $500 per month
each
Both of the assignees expressed
themselves as willing to answer
any questions and to exhibit the
books of the bank to any interested
inquirer.
However, even before the above
declaration was made, inquiries
were poured into Mr.. Cohn so
thick and fast by parties from
different portions of the house that
he was stopped many times 10 his
talk and really never finished on
account of the clamor Of the null
titude. Some of the questions
Mr. Cohn deemed as irrelevant.
and refused to answer at all, stat
ing that he was willing to answer
all legitimate questions
F. s Swain was the chief inter :
rogator Of Mr. Cohn and had a
long list of inquiries already writ
ten out to ask the receivers about
the banks affairs. present and past.
He. like Mr.. Cohn, failed to COM
plete his task on account of the
uproar toward the last of the meet
ing.
Mr.. Cohn. became so agitated at
one of the questions asked that he
expostulated 1T is a damned lie I"
afterward apologiziDg for it on ac-
count Of the large number Of ladies
present.
Mr.. j. M. Wood, manager and a
IstockhoIder of the Merchants Gro
Gerry Co., likewise flushed under
queries put to Mr.. Cohn pertaining
to the alleged withdrawal of funds
before the bank closed for a firm in
which members of the bank are
also interested and said THAT re-
port is a lie and is like some other
tales Frank Swain has been telling
around here.'' But everybody took
his little dose and made allowance
for the irritations Of the moment.
Mr.. Cohn also took advantage Of
the occasion to score The Leader as
'preJudiced. sensational. unreliable
and unfair to the bank and its re-
lceivers., Paul "a Hobbs. one of
lthe editors and publisher Of the
| paper responded in terms beHtting
| the character Of the paper be rep
resented and its record pertaining
to the statements made in its col
umns. which we're taken from the
Banks report and filed as public
Erecord with the Chancery Clerk.
Be made no apology for q conscien-
tious discharge Of public duty.
There were some thirty or more
negroes present They occupied
| the galleries by request Of the
chairman and were intense listen.
ers.
1t was learned from Mr. Cohn
that there are about $500 depositors
ID the Bank.
Mr. Cohn vigorously opposed the
publication Of the Banks aft airs a
requested in resolution passed
asking Tor q monthly audit Of the
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Qontinued "a Epurth Page.