Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1915-03-30
Praise Elliott, Hudson.

had determined thai no bid payHa
less Weuld be accepted
Praise Elliott, Hudson.
Announcement OF The disposal OF
the assets IN q way 90 permit the pay
ment Of claims in full brought from
all expressions Of gratitude and
praise for Judge John VI. Elliott,
whose attitude and handling Of the
matter is declared to have brought
about the gratifying result. II WAS
pointed cat thai Judge Elliott had
enforced economy in the adminsra-
ton of the banks affairs, and had
practically forced a bid large enough
to pay depOaitOrs in full. That Judge
Elliott has rendered a great service
othc depOsitOrs and the community,
is the conceBSus Of opinion.
Mr.. Triplctt than whom none has
worked harder TO rehabilitale the
banks affairs or effect Il settlement
that would pay depostors in full, is
generous in his communication OF
Judge Elliott and Of Walter G. llud-
son, former cashier of the bank.
"Mr. Hudson is deserving Of great
credit" said Mr.. Triplett, sfor his eli
forts to reopen the Bank of Pine Bluff
or have the assets handled in such
a way that depCsitOrs would be pa't
in full He has spent nearly all OF
his time, and considerable money TO
accOmDiish this. He has certainly
worked hard, and is entitled to praise
for his part in effccting such graf i
flying contamination OF the 'FalSac-
ton"
Mr.. Triplett, who was thoroughly
familiar with the bank and who mas
had years of experience i'm financial
matters, has always believed the bank
could pay 100 cents on the dollar.
He and Mr.. Hudson persisted in this
belief when other fnanciers predicted
that not more than Is per cent would
he realized. Mr.. Triplett believes the
hank should never have been closed,
although he does not justify some or
the loans made. He is convinced,
however. that the bank could have
Daid all creditors, and his o1er OF
Yesterday is evidence that he is cor
rect
Carnahan Compliments Hudson.
r. Carnahan, who submitted an
offer for the assets and who Is 10
make his home here, is outspoken in
his commentator of Messrs. Hudson
and Triplett. He said last night:
ON order to make the assets Of the
Bank of Pine Bluff pay 100 cents on
the dollar, it required the combination
Of Mr.. Triplett and Mr.. Hudson, to-
gether with the firm stand taken in
the matter by Hon. Judge Elliott.
81 have known Mr.. Hudson about a
connie of years and | have never
come in contact with a man Of high
or sense of honor, nor man more
Ioyal Ia his friends Mr.. Hudson is
one man in a thousand. In our tray
els through the pathways of life, we
come in contact with few snch men,
hut when we do some into contact
with a man who is Wiling TO sacrl-
fee al, he has for his gOood name
and the benefit of his friends, II IS
always a pleasure to stand up by
the side of that man. Such men are
very scarce, and when you meet such
men YOU know they are the salt or
the earth
"Mr. Hudson has given almost his
entire time since the closing OF the
Bank of Pine Bluff to bring about
the payment to the banks depositorS
Of 100 cents on the dollar,
CAS- to a new national bank here, /
may say I am no banker, and | DO not
contemplate entering that line. But
if Mr.. Hudson wants a national bank,
in my opinion, he can get anything
he wants"
Mr.. Carnahan stated he would re-
main over another day in Pine Blnff
and also announced that within the
next three or four weeks, as soon az
he can get the arrangements perfect
led he will establish his home in Pine
Bluff.