The Semi-weekly leader. (Brookhaven, Miss.) 1905-1941, 1914-07-18
THAT BANK PETITION
WHAT DOES IT MEAN?
It is Strange That Bank Should Try
to Exclude People From Their
Own Business.

1t was awfulIy strange that the
people whose money was entrusted
to the Commercial Bank could not
have a single word in the admins
tration of its affairs. 1t is past
"strange;" it is DOWNRIGHT
OUTRAGEOUS. They say (the bank
ers) it is our business, but yet they
steadfastly contend that we ought
not to have a representative in the
bank. They refuse to get out Of
the way and allow US to manage
our own affairs.
Now, if they have the interest OF
the depositors SO heavily ON their
hearts and desire so earnestly to
reduce expenses. why don't some of
THEM get down and out?
If it is our business. why do they
contend so stubbornly that THEY
ARE THE ONES TO ADMINIS-
TER THE AFFAIRS! Is there not
one outside the bank as we'll quail
fed as they? Surely there is a
reason Is justice at the bank so
blinded that they think it
is right for them to take
our money without security, man
age our affairs without our consent
and pay themselves out of our
money? If they had any conviction
of delinquency about it, THEY GER
TAINLY WOULD BE WILLING,
YES. BE GLAD TO HAVE OUR
MAN IN THE BANK.
AS to signing that petition ask
ing Judge Jones to remove the two
attorneys recently appointed to en-
ter certain suits for the banks,
they put up a pretty good argu-
ment from their side, but there
are two sides to that thing. 1t is
true our money will have to pay
them, but the commission and
Judge Jones think there is a
chance to win in a settlement
we're willing to risk
their judgment. 1t is also
true the bank would still owe the
depositors their account if the suits
are won But when the lawyers
are paid out of it,. there will be
over $4,000 left to be divided
among the depositors. Let them
take their little ten per cent like
we get ours-better lose 81, 900 and
stand a good chance to win $7O, 900.
1t seems now it is GONE
ANYHOW We heard recently Of
a man who offered to sell out to
some officials of the bank for fifty
cents on the dollar. They failed to
find buyer.
If they mean to pay US dollar for
dollar and are so fully persuaded
they will be able to do that, why
don't the stockholders buy all the
collateral held by the bank and pay
the depositors their money? 1t
would be a fine investment for them.
They say times will be better soop.
When those good times come they
could realize much more on the in
vestment. possibly, than they could
any other investment. If we wait
40 years ours will only be 100 per
cent at the best, whereas they
could realize a good dividend. ;,
But, instead of that they want the
people who lost their m oney (some
of them every dollar they had) to
wait, denying ourselves some
things we really need. They want
US to do the suffering while some
of them draw a fat salary. Very
few depositors get 5000 per month.
When we borrow money from the
bank they want security and we
have it to give or else. Now.
when we want security for our
money they say, No, we can't
guarantee you, but we will pay
you in full if you will just wait
and let US run it for you.
Let other depositors weigh care
fully the petition before they sigr
lit. You may sign away your
Lrights. WE WANT THAT
i muITu IC pIHuT AMI THAT