Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-08-18

'' ''"'"- phNtona. rain.
Ihr following resolutions were
'''....,t ii',""siI adopted last night, ar A
'nrr' lhk "f the drpositors OF the Me
'hhh''S savings sank, held ar tba
Auditorium. Hcv. DIR. W T
Johnson. presided:
We. Your committee auuojuta., y.
your meeting. held Friday nicht rujv
ISL. w.. IN the city Auditorium. be-
'nN. l" MAX" The following report:
otherwise the receivers. WIN -Weps
appointed b! the judge OF thecChan.
%w,rN court. Ills Honor. William A.
mon'nt", nav. been unable 10 com
pi"tr report within a brie! period
81 I'm" AZ WAS expected. due To the
constituting Of The order OF the court
!" moan that ali The pass books must
"!t"h ani report made thereon TO
lac court. ana that there are hun
hrriH "i d"p"sitors unwilling to part
with the pass book. which is the evil
deuce ~ TIE liability OF the bank To
them. and that This would mean
months III delay.
W. are OF the opinion that the hank
should be opened and the presidSnt
"i lh- Mechanics savings Bank be
permitted to comply with the rcouire-
m"ni 81 til" thinking division or the
CORPORA tiun Commission in the deiiv-
cry 81 the required securities Of (sS3,-
'n"""b ishi y-ihr-c Thousand Five
Hundred i'"ilars In the meantime
after the bank Is opened the pass
books could IL" turned in from tim q
TO time and balanced. We learn thar
IL" probable Liability on any pass
BOOK can be- secured by bond TO- oe
given IN such an amount as the hon
"rahi- court ma! see III To require.
~ many ~ u1 are In need OF money
I" pay our expenses and many or
sIniHatjnus 1r. held up on account
% the inihiiit! to pay sick and death
claims. ANA many others have money
q" u" deposited for Safc-k.npine and
cannot utiiizr the facilities provided
u, tlr institution with which they
NAV" been doing business for so many
wars. II WAS drcm,d advisable 10 file
"a petition aml u plea with the Judge
OF The honorable" court asking that
the officers aud stock holders OF tho
aforesaid Mechanics Savings BANK ia
prrni,t"I To open for business, along
thu lines Indicated
We further pledge ourselves 10 use
our best Charts &" prevent anything
>A'd Institution. as wc rcaitzs that
sun Il step would tend 70 destroy one
"f til" leading Institutions in the
country which Institution is a ruonu-
m"nt I" ;h- far-sightedness of the
better cias< ~ white people VINO
hay" shown ~ the way 10 practice
he ~. ssk that our course in this
matter IL" approved hN YOU. and that
an i"!,"slturs br urged "a join In
th'> petition for the relief PRAYED %
t"ns NOW rNisting shall cease.
W" further cnlum-ut the steady
devotion ~ tn" 'olnr"t people 20 the
Mechanics savings Bank aud :he
unanimous ~upport and encourage
inrnt accorded II ny all other fhan-
Siai institutions In this Ci;I and state
We again emphasize our apprecls-
tinn 81 "a" hearty expression os good
VIII Aui support accorded To us Sv
prmCtlcAilN al or N. white penpl. Of
ihis community ami assure all. par
ties that N has done more to cement
the friendship previously existing be-
tween the races than any other thing
could have done" .
Respectfully submitted
T. ". THOMPSON,
J. o COOK
j " RINFORD
\ W. HOLMES
MAGGIE l. WALKER
J. THOMAS BEWIN
cFssItt 5n'.