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10g salary of Charles J. Moore, auditor, to date $425) 2,055.00 Cash on deposit Brookhaven Bank and TrustCompany, secured by bonds 39,922.10 $138,137 68 Less cash on hand and in banks at close of hank 36,460.46 Total collected by assignees to date L $101,677.22 Mr. Cohn stated that the interest and rents earned since the closthe bank runing of and had showed paid the balning expenses a ance to the good of $1,487.55. This does not include, however, the on the nor assignees premium bond attorney's given by fees. Asked about the size of the attorney's fees, Mr. Cohn stated that in expected to conclude an arrangement whereby the attorneys would not expect any such amount as has been allowed in some similar cases. but would receive approximately the same fee as the assignees, which is $200 per month each Both of the assignees expressed themselves as willing to answer any questions and to exhibit the books of the bank to any interested inquirer. However, even before the above declaration was made, inquiries were poured into Mr. Cohn so thick and fast by parties from different portions of the house that he was stopped many times in his talk and really never finished on of the account clamor of the multitude. Some of the questions Mr Cohn deemed as irrelevant, and refused to answer at all, statthat he was answer all legitimate ing questions." 'willing to F. S Swalm was the chief interrogator of Mr Cohn and had a long list of inquiries already written out to ask the receivers about the bank's affairs, present and past. He, like Mr. Cohn, failed to complete his task on account of the uproar toward the last of the meeting. Mr. Cohn, became so agitated at one of the questions asked that he expostulated "It is a damned lie," afterward apologizing for it on account of the large number of ladies present. Mr. M. Wood, manager and a stockholder of the Merchants Grocery Co., likewise flushed under queries put to Mr. Cohn pertaining to the alleged withdrawal of funds before the bank closed for a firm in which members of the bank are also reis a lie some port interested and and is like said "That other tales Frank Swalm has been telling around here." But everybody took his little dose and made allowance for the irritations of the moment. Mr. Cohn also took advantage of the occasion to score The Leader as "prejudiced, sensational, unreliable and unfair to the bank and its receivers." Paul M Hobbs, one of the editors and publisher of the paper responded in terms befitting the character of the paper he represented and its record pertaining to the statements made in its columns, which were taken from the Bank's report and filed as a public record with the Chancery Clerk. Be made no apology for a conscientious discharge of public duty. l'here were some thirty or more negroes present They occupied the galleries by request of the chairman and were intense listeners. It was learned from Mr. Cohn that there are about 2500 depositors in the Bank. Mr. Cohn vigorously opposed the publication of the Bank's affairs as requested in a resolution passed asking for a monthly audit of the Continued on Fourth Page,
