New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-04-13
Seeks to Restrain Williams.

THE plaintiff bank petitions me
court to restrain the defendant Will
Jams from interfering or intermeddling
in any unlawful manner with the prop
erty of the plaintiff or with its oft1cers'
or subjecting them to any penalties or
forfeitures; to enjoin the said Will
Jams from refusing to approve the
plaintiff bank as depositary for the
funds of other national banks; TO en-
Join Secretary McAdoo from assisting
or abetting the said Williams IN the
aforesaid manner; TO enjoin Secretary
McAdoO from assuming or usurplng
the duties and functions of the Treas
urer of the United States; to declare
the aforesaid penalty of $4,000 null and
void; to enjoin Treasurer Burke from
converting the said $4,000 into the
Treasury of the United States, etc.
"Thc bill further alleges that the de-
PENDANTS Williams and McAdoo have
confederated, combined and consplred
30 TO use and abuse and exceed the
powers conferred on them by the laws
of the United States as to impose upon
said plaintiff bank unlawful, excessive
and ruinous penalties. and entirely cut
eff the plaintiff from certain very large
bank deposits heretofore held by 1t,
and greatly to injure said business,
ard that il is the purpose and intent
e said defendants wilfully and ma
liciously to inhict irreparable injury
on the plaintiff bank, in defiance of law
end in violation of their official oaths,
and wrongfully TO subject the p laintif
bank to their uncontrolled and arbi-
trary actions, which are unauthorized
ty law.
4 - ans
has sought TO impose excessive penal
ties, but in contravention 10 the spirit
Of and in excess of authority conferred
on defendant by statutes and in vio
lation Of the Federal reserve act. and
that in violation OF the statutes said
Williams has called on the bank for al
legged special reports, which are wholly
impertinent and irrelevant TO a full
and complete knowledge OF its condl
ton. and which are unnecessary for
that purpose in any reasonable judr-
ent Of the Controller of the Cur
Iency; that he has wrongfully and ma
licously subjected the bank. by con-
Quoting a persistent and unlawful and
unauthorized inquistion, to compliance
with many such calls. at great expense.
ana has imposed upon plaintiffs officers
totally useless work, and in addition
thereto has, in fragrant violation of
law. assessed enormous penalties
against the plaintiff under the guise
Of exercising the authority conferred
On the Controller Of the Currency.
Declares Interest Withheld.
"The bill charges the retention OF
a Mt l-f ha laf mt "
bank, and the intent and purpose of
said defendant Williams further to
withhold such interest as may in fut-
ure become due the plaintiff.
"The bill recites the incidents of an
interview in McAdoo's Office on De
cember 4, 1913, and charges that said
defendant falsely charged the officers
Of the plaintiff bank with having in
spired certain articles which had ap-
peared in The New York Tribune. and
that McAdoo arose from his chair and
advanced menacingly toward Milton +.
Allies, a vice-president of the plaintiff
bank. and. in great anger, shouted,
with a bla SDhemOus oath, Il will order
you out Of my Office and then. turn
ing 10 Charles C. Glover, president of
the plaintiff bank. said TO him. MIR.
Glover. you know what this means to
the Riggs National Bank and that
shortly after this occurrence Williams
and McAdoo. in order 10 satisfy their
personal malice and i'll will, began a
series OF prosecutions against the
bank for the purpose of impairing its
business, thereby prostituting their
high Offices and violating their oaths
IN order TO vent their personal vim
dlctlvcness against its officers.
The bank further AYERS that in May,
1914, McAfoo arbitrarily eliminated
the plaintiff bank from its normal
share Of the District Of Columbia tax
moneNs dennsife ed ,vi.h H. n.hnr -