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and his dinner, Parker save when sets forth he has wine. guests, ball He with octhen Mrs. takes a whisky high is a strongly abstemious man. his casionally meal, Altogether He smokes he after dinner, but never before. He Is No Sluggard. NotwIthstanding the early vigor hour with at which which retire and the steady does not o'clock he he rises works, Judge or Parker midnight. He sleeps and clear-eyed before soundly 11 and at 6:30 is up o'clock again, He averages less seven understand the judge's way of deal smiling, than To his hours common in bed. sense business is necessary capacity and difficult situations, It Ulster County ing with know how he saved In the September, 1891, Savings to important institution. bank, which doors had in deposits conse this $2,500,000, closed its by the treasurer of of embezzlements of sums, which, quence assistant treasurer amounted to $400, and dividends due, supposed surplus with the wiped out the with a deficiency. 000. and left the taken by and This usual action institution was the business the attor- reney The general the to assets wind and up a temporary that in distribute ceiver was appointed. it was impossible the or- to wind It was up way the found without affairs of substantially the of bank the real destroy- estate dinary market value so because the, $1,500,000 institution mortgages, ing of the the bank. had This invested was about one-half many of real estate To throw so caused in which were on the on market farms. would have farms a crash in their trustees values. of the and bank Judge were Among the Gen. Sharpe on his farm Parker, Parker was that there when he got He left his at Judge Kenyon. Accord Judge wrong. a hint quick fields, inwas something to Kingston, made assistant a treashurried and had the night. from vestigation in jail that loss Judge lodged the depositors He tried to To save the leadership. like an urer Parker took strong institution an assignment bank inget' some company to with take some local willing surance the mortgages, No institution found. It as of discount the agent. assignment could would be. have to to as if the the debt; meant looked take foreclosed to mortgages pay values and which little a depositors, be a destruction of who were in state assets of for terror Parker the and began confusion. to way look to about save the for a the Judge honorable and wise depositors. He got him. an institution and old its trustees to assist number of Scheme Was New One. in York New idea of His scheme was was a new to one ask the the equity temstate. porary court citizens to The receiver to substitute act as twenty-five trustees. in urging place the The prominent strong- judge savday and night, to his aid in and worked est men in bank. the county He got presidents business men ing the of banks and other else was thrown cashiers enlisted. until Everything the twenty-five trustees were aside secured. Fortunately the for state the institution superintendent Charles gave of M. Preston, lived at Kingston, official supbanking, Parker's who bold plan was his before Justice at Judge Fursman port.-The in legal the battle Troy. special It term resulted of the trus- in su- a twenty-fi preme decree substituting court the receiver and scal- defor the temporary due to each tees ing down the amount rata share of the depositors assets. positor court to his also pro enjoined than the 25 per cent of their deposits The from drawing out till more further judicial orders were made. tremendous excitement politi- was And now a consequence of local newspaper stirred up in The leading the cal county, to of the Ulster disturbances. embarrass original draw bank and of thus advised injure the some depositors cent as to soon as trustees, out their allowable 25 per as it would probthe bank's door opened, would ever get. ably be all they crowd of depositors ruin. stormed But A frantic The "run" meant Judge the doors which he had when the bank. with a bag opened of money there He was was deterParker York. on obtained in prevent New a panic. flashing eyes he mined treasurer's to desk, with excited Leaping crowd, of the faced the white-faced, money down, he and flinging a on! roll We are ready to waste pay! cried: 'Come you think we would Come on a broken our time on! Do panic ceased. bank?" Judge ParInstantly the The depositors of departed, ker had only eleven per saved saved and out their the day. money. That institution, cent them drew County Savings diffiwhich the Ulster has since worked out of its culties. The general term of the both supreme sustained court and the Parker's court of novel appeals plan rested as sound till the in to state sent were thieving law. Judge The treasurer judge and never prison, assistant where treasurer they both asked died. while Judge Parker was He deAfter a president of the bank. the posiclared to become that condition he would that only the accept salary to, should and tion abolished. on This was agreed He did not than he retire be was until elected the deposits thousand president. of dollars the bank greater were were several they hundred were before its doors and closed. rescue of this savings bank of which The depositors is the achievement It is the most its Parker is prophet. life. stirring Judge incident of his private
