Asylum Heights - PDF free download eBook
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- Published: 14.01.2019
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ASYLUM HEIGHTS On October 29, 1929 the Great Depression struck and it was a financial catastrophe. The banks cash reserves were depleting. They turned to the Federal Reserve Bank for assistance,...read more
Details of Asylum Heights
- Original Title
- Asylum Heights
- Edition Format
- Kindle Edition
- Number of Pages
- 262 pages
- Book Language
- Ebook Format
- PDF, EPUB
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Some brief overview of this book
ASYLUM HEIGHTS On October 29, 1929 the Great Depression struck and it was a financial catastrophe. The banks cash reserves were depleting. They turned to the Federal Reserve Bank for assistance, but found only a cold, icy wall.
My grandparents, Papa and Mama Hailes, and their son Glen, owned and lived upon a small farm in Southeastern Mississippi. Their current loan was outs ASYLUM HEIGHTS On October 29, 1929 the Great Depression struck and it was a financial catastrophe. The banks cash reserves were depleting.
They turned to the Federal Reserve Bank for assistance, but found only a cold, icy wall. My grandparents, Papa and Mama Hailes, and their son Glen, owned and lived upon a small farm in Southeastern Mississippi. Their current loan was outstanding and they received a notice to come in for a review of their note.
He saw the President, Mr. Gerald Thornton, and was shocked. His face had an ashen gray, sallow color, many lines at his eyes and mouth and learned that he had been at the bank until late at night, seeing his customers. Papa presented him with a plan regarding how he could repay the loan.
After studying it, Mr. Thornton agreed to give the note careful consideration overnight, as the hour was late. Papa stayed at the Chickasawhay river located a very short distance south of town. He placed a bed roll on his saddle and slept on the river bottom.
The following morning he noticed something that would profoundly affect his family and change their lives forever. He witnessed two squirrels chasing each other at dizzying heights on a tree that had a very large vine clinging to the trunk. It divided out into fruit-bearing branches of grapes.
He had 160 acres of just such trees, and realized the implications of this discovery. He yelled out with joy. He quickly dressed on the river's edge for the trip back to the bank and was the first to arrive at the steps.
As the time for the bank approached to open, a bank employee arrived with a black wreath and a written notice, and hung them to the door. A small band of customers had assembled. They crowded around and read the note.
It announced that Mr. Thornton had died in the night, most likely of a heart attack and that the bank would be closed until a new president could be elected. An awful, anguished, overpowering feeling engulfed Papa as he stood there. It was as if an adversary had struck him with all the force that he possessed in the pit of Papa's abdomen.
Suddenly, a gulf of salty tears emitted onto his unshaven cheeks. He stood there for several minutes trying to collect himself, and then slowly replaced his hat upon his head. He then grasped the reins of his horse, Big Red, and spurred him out onto the dusty road toward home with the heavy load of disappointment that he bore with a ponderous, somber, and fearful heart.
Soon a new president had been elected by the Board of Directors, and the bank would again reopen for business. It was reported that he had come from Southwest Louisiana and that his name was Mr. Jordan Peltier. Papa was quite pleased because he knew that these people were Arcadian French who enjoyed great food and wines.
Paradoxically, Papa felt a rush of exhilaration with a surge of energy for all of the frenetic activities that were happening all around them, with hope for the success of their infant endeavor. Uncle Glen, whose whole general attitude improved as a result. As soon as Mr. Peltier arrived in Quitman, they went to the bank to reveal their plan for a vineyard and invited him to come to their home one Sunday for an old fashioned southern dinner.
During that visit Papa and Glen conducted him on a tour of the well manicured forest. Jordan was very impressed with what they were planning to accomplish, agreed to a partnership in their endeavor, and advised that he had connections in New Orleans who would be ideal for the project. Salvatore Palermo, a Sicilian who had ties to the Italian Mafia, organized and functioning in the northeastern United States with a syndicate in the South, was one of them.
Peltier arranged for a meeting between Sal and Glen, and from there, a lifelong business and personal relationship ensued between the two of them.
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