Second: Shameful dereliction of duty on the part of the commissioners.
Third: That J. A. J. Creswell was too much engaged in other business, to give any of his valuable time to the bank. That he paid Leipold $500 for attending to his part of the business, and quietly pocketed $2,500.
Fourth: That the colored man Purvis, followed the example of Creswell—paid Leipold $500 to excuse him.
Fifth: That Leipold was the great Republican high priest, who ran the bank according to his own methods.
Sixth: That the remaining funds were fast disappearing into the pockets of the commissioners and their favorites.
Seventh: That the commissioners were appointed on the 4th of July, 1874, and that no report of their management has been made, as was required by law.
Eighth: That more than sixty thousand dollars had disappeared in a single year, for what was called “expense account.”
Ninth: That there was at least a suspicious connection between Leipold, Senator Howe’s man, and lawyer Totten, a son-in-law of the same Senator.
Tenth: That G. W. Stickney succeeded D. L. Eaton, as Actuary of the bank; that some of the very worst frauds on the bank were committed during his administration, and with his knowledge. Not only this, but that he was found to be individually indebted to the bank to the amount of $2,680.