The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1916-01-26
GRAND JURY PROBE
OF THgMFaMgRsH
People Have
Been Summoned 70
Pittsburgh.

II .FIz.iHQ FetJ4t sHHe EV Eslt. tHHHfA.H. .ff rE-faHEg.
PITTSBURGH, Jan, as.-changea
may result nom the closing OF the
FIRST National Bank Of. uniontown. e
became known yesterday, following
the report that officials ofithe bank
and uniontoWn business men had
been Enhpoenaed to appearinSF at.a.
burKh nextsTuesdny. Notices also have,
been Sent5t o the members OF the No
iYemher Federal grand jury 70 recon
vene here at the same time.
The bank was closed more than Q
year 4 and since that time Josiah
VsThompson. former president OF the
iinstitutlon. has made efforts to get
5fnanciai%aid, which only recently cul;
minated inEthe selection OF q com:
mittoo to Iquidates his assets toS the
henef1t OF 8unprotected creditors.
Deputy United States Marshal
Thompson Campbell has been In On:
Iontown for two days, serving sub
noenns uoon.those Who:have had deal
ings with Thompson and other Officials
of the bank.
Government officials would not ad;
NIT yesterday that the case you'd De
taken upgnext Tuesday, U ltAWas az
mitted that the November grand Jury,
which was excused in the middle pt
November. with notice tina II mlgnt
be recalled at a later date, a been
notified TO reconvene here next week
A suit fled In the common pleas
court OF Fayette county relative to the
deposit OF taxes by the former Fayette
county! treasurer, it is said, will be n
OF the first matters to be inquired into
by the grand jury.
NEW YORK, Jan. 26.-An agree
ment, whereby the secured and unse-
cured creditorsof Josiah Y. Thomp-
son OF Uniontown, Pa, will cooper
ate to obtain adjustment Of claims in
the recievership proceedings inVoly'
ing more than $~50,000,000 in bitumi-
nous coal lands in Western Pennsyl'
vania and West Virginia, was adopted
at; q meeting OF the creditors commit
tee here yesterday. Alexander G. hob
inson, chairman OF the committee, 49,
sued the following statement after the
meeting:
"The committee feels assured Of
the cooperation Of both the secured
and unsecured creditors and Of b OF
fetal institutions and all others CON
cerned, in view of the far-reach1ng
interests involved. affecting the values
OF all bituminous coal properties IN
the. eastern part of the United States.
The committee decided to adopt q de-
post agreement and to call for the
deposit Of unsecured claims thereun-
der. The secured creditors will also
be negotiated with, with a view Of
procuring their cooperation.
The proceedings involve about 21o'r
900 r Of coal properties. The
meeting was held at the Office OF Sam
uel Untermeyer, counsel to the COM
mittee, which, besides Mr.. Robinson
is composed Of the following: q. 7.
iHitchman, wheeling, ". Va, James
A. Campbell, youngstown, Ohio; a. T..
Hamilton, Pittsburgh; A. +. Cooper,
UniontoWn;, G. s. Harah, uniontoWn,
and A, Plummer Austin, uniontown.
Georges r. serughRm; OF New York, u
secretary OF the committee:
eIonly point on which NJ. Inter;
never would speak was the fepoFt
that 4heyhad undertaken to hnance ithA
'iionidation Sofithe estate Of Mr. Thonp'
son. Hs'9denied It absolutely.
HMy connection with the AFFAIR 1s
as counselso OF the committee ne de-
clared Fl never made such . state
He added that Mr.. Thompson was
not at the meeting. When asked II
he action OF the United States de-
partment Of justice in. calling a grand
iury to investigate the First National
Bank Of Uniontown, OF which MI.
Thompson was president, would have
anyieffect on their plans Of financing,
he declared that he knew nothing Of
the subject. f