The Semi-weekly leader. (Brookhaven, Miss.) 1905-1941, 1914-06-27

Hon Fl. Cassedy:-He's been
pretty active in suing the bank.
Judge Jones:-WelI, now, on
practically all the other items the
receivers and their attorneys OF
one of the attorneys either is per.
sonally interested as to the return
OF that money to the Bank of
Franklin. | understand it was
done under the direction of the at.
torneys who now represent the re-
ceivers and the receivers were
members of the Board of Directors
then and think
ASSIGNEE COIN DON'T
WANT BRADY IN THIS
THING"
Mr.. Louis ohn:-Pardon me
these bonds were turned back and
didn't know anything about them
and, if you want suit. l will sue
the Bank of Franklin as soon as any
body else: But we don't want Mr..
Brady In this thing. have heard
him talk about the bank before it
failed. Here's Tyler here. What
about him?
Judge Jones:-I thought about
appointing him but he led me
astray in this Arlington case and
he represents some of these people
to whom dividends were paid also.
Mr.. LOUIS Cohn:-WaIl, get
Judge Lyell or Bob Thompson. |
know how Brady is and ask that
as personal favor.
PERSONAL FEELING WOULD
GET MORE MONEY.
Judge Jones:-I understand the
personal feeling in this instance.
If he has any personal feeling and
it goes to the extent you mention
it would make him dig up some
money that would 20 for the bank.
Mr.. Louis Cohn:-I wish you
would consider that before you de-
eide positively on it.
Judge Jones:-Well, | think it
ought to be local man here on the
ground in touch with the people
and the situation. He might wish
to get somebody else and | am sure
he would have no objection to hav-
ing Judge Lyell, Judge Mayes or
Judge Thompson. associated with
him.
Mr. Louis hn:-But one attor-
ney would be less expensive. What
about Tyler?
Judge Jones:-Well, for the
reasons have mentioned he.is dis
qualified as to some of them. |
would be glad to have him serve.
if he would (Mr Tyler here stat
ed that he was disqualified to serve
because of being associated with
some of the men against whom it
was desired that suit be brought).
Speaking to Attorneys Brady and
Cohn when they appeared the Court
stated:
Il would want you gentlemen to
first investigate this report and the
facts and determine whether or not
in your judgment. suit ought to be
filed and, il you should reach the
conclusion that it would be un-
necessary and fruitless to bring it,
| would expect you to come report
and the compensation would be
different Now, about the divi-
dends. the report is they should be
recovered because there were not
any minutes signed on the record
kept by the Board of Directors 1t
just occurs to me otf-hand it is not
a question of whether the minutes
are signed or unsigned. 1t is a
question of whether it appears an
order in fact. and the recovery of
the dividends depends on the insol-
vency of the bank
Hon. T. Brsdy:-Well. | would
not want to bring suit. off-hand.
There's no doubt in my mind but
some of the recommendations may
be sustained. but on the face of
this report. in some of them.
wouldn't want to bring the suit.
And we would have to investigate
the matter and some of the facts.
On the other hand. some of the
other recommendations, it looks to