LeCozic, Father Hyacinthe, New Orleans, Louisiana, to Archbishop Napoleon Joseph Perché,, 1879 April 2

After a meeting of the Board of Directors of the Roman Catholic Society, convoked in the name of Father Gilbert Raymond, vice-president, and Father Gustave A. Rouxel, administrator, LeCozic was told to send the last dispatch which is even more depressing than the first two. The creditors in the bankruptcy of the Memphis company are seizing everything they can in order to cover themselves. The judgment was against the diocese New Orleans for $12,000. The situation is critical. Perché has already received the detailed accounts that he requested. They fear that if there is not a prompt remedy the Memphis creditors will be imitated by many others. The business of the banks which was also critical several days ago is beginning to recover. However, they cannot count on them for assistance. Everyone is well. They expect Bishop Francis Xavier Leray today. :: VI-3-a A.L.S. French 2pp. 4to.