The Semi-weekly leader. (Brookhaven, Miss.) 1905-1941, 1914-06-27
What Was Said Wednesday Afternoon at Court Ouse-dge Says With
Expenditure Of $500 or $500 Commissioners Have Un-
covered More Than 100000 Which Recovered
Money Well Expended.

III EApenueu.
made out like | thought so at the
time, but tried to get the Court
to see the other view. And with
reference to these payments Of
these people who deposited money
in the bank on the day the bank
failed; it was presented to the
Court on the statement that the
director had refused to take this
money as that of the depositors and
the receivers asked for instructions
to pay it back. 1t appeared to the
Court and to me that that was
right and the people were paid.
Whether there would be any chance
of winning such suit, it would
have to be filed in the Justice of
the Peace's Court and then, if not
satisfied with the Justices decision
1t would have to be carried to the
Circuit Court. Well, there are
some other objections there in the
report, for instance with reference
to the Bank Of Meadville, in order
TO get the facts before the Court
in that case as to who was response
BILE or who should be sued, it is
necessary to 90 out there. Those
things occurred about eight years
ago and they would have to go
back that far.
BANK OF FRANKLIN SUIT.
If they sued the Bank of Frank.
lin. possibly they would have to 60
out there though | haven't looked
into the matter. That was our
purpose in taking up the report of
tntse commissioners. We didn't
know and haven't known through
out~the investigation at the Bank
as to what the commission would
We never made it our
business to inquire and, if we
had, don't Suppose Mr.. Wild
berger would have told US. !.
OF course, these assignees, if the
court thought the Bank Of Franklin
ought to be sued, would sue.
They would want to be backed by
the decision of the Court because a
suit against a bank for 500, 900
would be rather serious thing.
INVESTIGATION OF BOOKS
So far as the investigation of the
books of the bank is concerned, as
they state now and always. they
don't object to an examination of
the books, but they claimed and
still claim that the allowance IN
this matter would be illegal and
that the order of the Court would
not protect them in the payment of
the allowance and | suggest that
in order to protect all parties con-
cerned that some one who was re-
sponsible for it would give a bond
to the assignees to save them harm
less against the wrongful payment
Of these sums of money; to save
these assignees harmless in the
event they were not protected by
the order of the Court OF course.
if we were to wind up the estate to
morrow or this year, we would all
probably get out of it because of
the Courts idea with reference to
the legailties of the matter: but as
| understand it. some of these
days. we will have to come before
some other Judge and that Judge
could come in behind an order of
this Court and disallow an expendi-
ture of this Court.
SUITS TO RECOVER.
About the suits to recover. =
Judge Jones said, 81 do not think
it IS question as to whether the
attorneys of the receivers would
or would not do their duty. i
think their personal connections
W lth these matters are such as to-
make it improper for them to ham
die these matters and at least, to
make it more desirable for more
disinterested persons to handle
them because of the results that.
might be reached. We have Oot tn