21301. First National Bank (Tyler, TX)

Article Text

He of the 1890. 9th April, the last for thought paid was the attached order to a voucher. He $5000 made no objection to as the the payment. amount had had nothing to object to, allowed by the parties been settled upon and The agents of the interested company along in court. the line at make the deposits principal in points were instructed to raised by them. the banks of the money deposit in GalvesHe changed the First national bank ton from American the national bank because notified the by stockholders to the in the latter were witness') probaCol. Herndon of his The (the witness restated appointment. that occurred between the conversation Herndon at that time. him and but Col. themselves were present to the No He reiterated one his direct between testimony the Missouri, as litigation pending and the International Kansas and Northern, Texas and all the facts relating and Great and leading up to APPOINTMENT AS RECEIVER HIS his direct testimony the on wit- his Resuming that the total profits was banking ness stated business and from The rents deposits $37,000 last in year. deposits and was Mineola. made and Judge THE THE Application forivership was in the hands of McCord relations did not know sustained what the bank First national he owned Longview. He He heard never heard about stock appointment in the bank. of the receivers until Hern- the was opposed to night the before they appointed. two receivers. himself When vigorously and the division expressed He heard something the naming about of two dethe deposits and that and the First national conversation bank positories, would be made one. He had a about it, but COULD NOT RECALL IT. has been as much as $84,000 at on one deposit There to the credit of moved the receivers to Tyler eight years time. ago. Judge He McCord kept his accounts the bank with was Bon- in debt. to at times & Bouner The Generally bank had discounted enable paper his and home to other pay property. for Bonner They & Bonner were purchase McCord's notes. He first afterwards purchased taken up by McCord. for Mr. Finthere was a demand 4. He on out learned ey's removal as the receiver road on at March the time. no had except experience The change Finley a railway attorney. discussed. If threats receivers were was generally made he knew nothing was matter them. He thought the been reached discussed about as an agreement had TYLER. BEFORL HE GOT TO witness here explained message the case sent of The for damages for a He setGus Taylor wires of the company because he the over the the claim claim for $500, a not correct one, to advisable thought ettle it. he He thought paid Taylor it its on payment his own and advice. Duncan an application opposed for refunding solicitor, the mount. signed Col. Herndon, He as did general not know of prepared the orders. signed on the streets. orders being was not promised a connected place on Gus the road. Taylor He was related road. to one with the litigation said Campbell's of the action with for the his discharge McCord of Col. Herndon was approval. said his action was based have on been affiMcCord that were purported to which lavits to Austin by Col. Herndon, was based. upon Hernhe present investigation denied the allegation. emphatically the kind of man to be Herndon was not occasion. The result was numbled on any action was hasty and hat McCord stated his to Campbell in which he wrote such to a letter Campbell that the between matter the be withdrawn. suggested The agreement was that all differences arising be vitness and Campbell between them in the business the to should referred receivership of becontention he ween court. him and The Campbell ground was be that dispensed the genwith. solicitor He had could exclusive The control claim during of Belo Eddy's & Co. absence. for $120 was suspended with Col. H. menths. He conferred for advertisEddy or ten about it, who told said the it witness was while the laim Col. came Eddy under the International head of advertising, and Great was really the the $12,000 to be paid prorata of opinion and Northern for shaping political the railhe News Iverse legislation to agreed reventing and that this was the amount at its New Orleans vays, ipon by the Texas meeting. traffic association The Interand Great national Northern's was amount rorata month. of When this he stated the matter matper Eddy wanted the to Eddy, as Col. he (Eddy) did not want for to con- be a withdrawted.and.spay.info necessity said it was the and envestigated the special and The witness egarded use to the contest Galveston Its News editorials as a powerful were influential paper. wielded a poteninfluence. vell written, and He its paper did not think the never informed harge Belo excessive. & Co., of He what Col. Eddy but had he aid. H. It might have the been time. proper, He thought not International think of it and at Great traffic Northern association. was a nember not of hear the Col. Eddy say for that givhere did was a heavy did penalty not see any rebates. Hisexceptions He were based that on greement. He did not remember from the hese rebates. or received any money some paid traffic association. He thought by the exas Col. Waldo's drafts were paid ompany. OF Eddy THE was LAW AND THE COURTS, AFRAID want to have any investigation News or not the claim of the Galveston not want bout rebates. Be [the witness] did explanation. investigation after Eddy's receivers. not been paid by the the matter "he $6100 did not intend to settle They the end of the receivership. be to ntil paying no interest. It would disconinterest was a judgment of all if rebates were against