The Pennsylvania packet, or, The general advertiser — Lancaster, Pa.;Philadelphia, Pa., 1780-06-27 00:00:00, page 2

The Plan of the Bank :of Pennsylvania, established
for Supplying the army of the United States, with pro
visions for two mouths.
A number of Gentlemen are to give their bonds to the
Dire Hors of the Bank, in such funis as each thill think
pr per; binding himftlf for the payment thereof, if it
thill become necessary in order to fulfil the engagements,
and difehargethe notes or contrasts of the Bank.
Th^fe fecuriies sh II be extended to the sum of Three
Hundred Thousand Pounds, Pcnnfylvania Currency in
Specie, at the rate of seven (hillings and fix pence for a
Spanish Dollar.
Two Directors shall be chosen by the sureties, to con
dud rhe bufintfs of the Bank, with such Assistants or
Clerks, as noon experience may be found necessary. The
DueCd ors shall provide a proper place for their countirig
houfe, books notes, ftatianary, &c. They are to keep
full and fair accounts of all their tranfadions ; crediting
every perlons account for money received from him ; and
charging each prop r account for the monies paid. They
are authorized to borrow Money on the Credit of the
Bunk, for fix months or any shorter period ; and to grant
(perid notes bearing interna at the rate of fix per cent,
per annum,o the lenders for the sums borrowed. They
are-t&Vepa fair arid regultfcafh account, which muff
be fettled ev§ry nighty and one or both must count the
balance ^nd fe^tnat it is in their chest. They must
keep an exaft r'gillr of all the notes they issue, Co as to
afeertain every n~ht the deinabds'to come agafhft them
the next day. They are to receive from Cotogrefs, 'fuch
furns as they may from time to time, allot for the reim
berfement of thebamk. Bukw^n this feovree and Turns
eccatiouaT, borrowed on inhereft as aforefoid, do not af
ford a fuffiient foffiy ; the Directors ar^ author ifed to
demand and re nva from ev°^y fubferjb f of A General
Loan to the Bank, such part of his subscription as
may be n^e^.ry to make cxaff payment : Granting to
each of the tydyferib-rs'a pore,., bearing intoreft as a
fore Tar;, for The sum received from him
All Sanies borrowed arid' received from' &nftcfs, by
the Diteffor,; fnad be applied to the foie purposes of pur
ci afin previfo QS and,rum i%,(he use ofjbe Continental
army; of tra /ebr.Uag fam. to c'a^p.tpbe delivered to the*
or !er of his Excel eocy. sh? Commander in Chiefor of the
B>rl ofW r and of dfthrgipg their notes and the ex
p tire of co dufliag thr bufinfs, And no part of the said
monies, or of the notes to be issued by the said Dredors,
shall, by;them, or any perfonading for.qr on,behalfpf
the Birk be applied sh any other ofe or uses, purpefe or
purposes whitfoever Neither shall they borrow more
money, <r fie more nob's., hap ihallb^ /ound absolutely
DrC'ffary for the aforefrid Jurpofes.
The Sureties for the Bipk, thill chufe a 'Faster, who
ihall'have the entire management of the purch'afes ; and
on whose order the pirefbrs'are to pay, in money or
notes, such fams, from time to time, as.be may d/#w for.
Trefe draughts will reqwirean immediate supply ; and
therefore it is necessary, tQatthe fubteribersto the Gene
ral Lian, pay ten per cent, on their fubferipti-ns, within
eight days after the date , thereof,;. This will create a
fund to b'gin with. It mull be the constant aim both of
the Dre-Hers in paying, and of ihe Faftor in hi.s.con
tracts, to pass as many notes in payment as possible, until
Ccn„refs can reimburse thepßapk, And when th§t shall
happen, the notes that shall be ost, shall be called io, and
paid off; the entire accounts fall be made-up andTettjed
with Cefcrefs ; and the boi# of the Suretires shall be de
livered up or cancelled. , . ~, n
The Directors fhdl execute in (Irumens of writing,
binding their whole eilates/qg the faithful performance of
their duties ;.which inflrh.perits, and the bonds of the
Sureties, flip'll be recorded in tife .Recorders office, for the
county of Philadelphia, and fh^l be depofite 1 in the h^ndi
ef|he Board.of inferior* iitfeinafter m^uonW. :
Ma. DUNLAP,
IN Free States every goo,l Unzen considers the public
inrereft as?is owe. VZidle the times admit of tran
quility and eaf-. 'he minigement of public affairs is left
whety ro the MigifUnd. A jeabufly of power, natu
ral in all democratical cvermnentr, confines his authori
ty? within narrow limits The c'onfeqnence i% that a de
gree of remdfnefs is often found in them oil occasions,
when gre iter than the ordinary exertions would be l.wda
b'e ; but whm the greatest are not in:%eafab!y nectffa
ry T.e inconv^it nee, however, is abundantly cornpen
fated by fupmir advantages. Let critical emergencies
rife ; and die spirit ot a republic rises along with them.
Idi to p'vcy the calls of government; and govern
.me^t he mod inviting encouragmeat to the aimsand
e ,- so? , diviluils. The powerful energy is diffused
t: # ; Unpeople, and the most vigorous and decilive
r. - t^., • e the refuit of the pervading and animating in
' c 1: very member of the body politic is routed into
aft °% nil enterprizes are formed and carried into fuc
;?:.. xi utiim; *hic% at any other period, would appear
a d "C: A pr ive the ofßprng of inconfijerate timerity.
he cojife of this war, which we have been obliged
- maintain agiinft the pride, the insolence, and the ty
ranny of Great-Brifain, these observations have been ve
rified l>y exptre.ee. Forgiving and unfufpicious, we
havefufrred oir resentments to cool, and our spirit of
enterprize to languish, whenever the objeds of our re
fmtment have been removed, and our apprehenfims of
danger have begun to subside. But when danger has r>
turned, anfa free people have been summoned to exer
tion ; the spirit of a free people has been far from de
ferting us.
Many late inflinces in Pennsylvania evince tl.at this
laudable and generous difpefit'on governs the conduct ci
her citizens. Our political differences evanifh. We drop
them with cherfulocf, when we are called to assist in
the decision of a question, which must be previously de
termined in our favour, in order to enjoy an opportunity
of difeuffing them,
It will be agreeable to your patriotic readers to be in.
formed r s the Flan of the B^n< eftabifhed in this State,
in order to raise supplies for the Continental troops—tho.fe
troops, who, regulated by the command, and Simulated
by the example of one of the brightest ornaments of hu
manity, bare drferved so well the gratitude and- the af
fiilare of every one that feels himfelf inters fled in the
cause of .he United States, of freedom, and of mankind!
The Board cflnfpe&ois shall confifi of five persons, to
baclofen by the sureties. This Board shall held the
bonds of the Sureties fafely in their pcHeffion. until the
bufiuefs be finifhed and fettled ; or in case of default, until
foils flii'l be brought and iecovery had thereupon.
The Board of Infpeaors, or any three of them, £all
have free access at all feaiouable hours, to the books and
papers of the Bank, and of the Factor, or persons em
ployed under him or them. They may enquire into the
manor of managing the business ; may give their advise
and opinion whenever they please; and if they think it
neceffa y or proper, may call a general meeting of the
Sureties, in order to lay the proceedings before them, to
aik their advice, or to propose new regulations, a change
of officers, or any other matter or thing they shall jud;e
fit.
The Factor is authorized to hire a convenient store for
his business, and to employ such Agents, Clerks and As
sistants as, by exp rience, may be found peceffary. He
-shall proceed, with all pcffible dispatch, to purchase, on
the mofl r^afouable terms, slur, beef arid pork of found
good quality ; and in such quantities of each article as
may be regulated by the Boardof War, until he procure
in the whole three millions of rations, or as much there
of as he can, and three hundred bogfheads of rum. He
shall. as expeditiously as possible, fend the articles above
mentioned, in fufficierit quantity to make a load, to
Trenton, tothe care and direction of
who fhdl receive and forward the fame to camp, and
there deliver tnem'to th'e order of theCummaoder'in Chief,
or of the B ard of War . •The Factor (applying them
with money or notes to pay the charges anting on such
receipt or tranfpottattou.
The rafter is aotuorized to drew on the Direaprs for
fpe ie,Penofylvania State Money' or Continental Money,
as occafi n may require : He and they always taking care
to underft nd their ability to honor such draughts.
He shall provide his store with rum sugar, coffee, fait
and other goods at thecheapeft wholei'ale prices,to be fold
at the fame prices to tuofe who supply him with provisi
ons ; that so he may gain a preference of what comes to
rairk't It may be use al in his reaped to make it known
throughout the country, that he is enabled to make such
payments as above def.ribed.,
The Fa£l'or shall give security to the Board of Xnfpec
torsfa the fun of ten thousand pounds, Feonfylvania
curr ncy in specie, ter the faithful ditch ,ge of his duty.
He shall keep fair accounts of all his tranfattons, and
copies of all his letters ; and shall fettle with the Direc
tors as often as they or the Board of lafpedors shall
think fit..
The Diredors, Fa&or, * and all persons employed
under them shall be paid reasonable compensations for
the j r time and trouble But as this affociition is founded
in the present public necessities, with intention to relieve
them, as far as its object extends; none of the sureties,
fubferbrs to tee general loa., Infptftors, the gentlemen
that shall receive the goods at Trenton, and forward
them thence, or other gentlemen that may give occasion
al assistance, mean tod rive the lead pecuniary advan
tage to th^mfelves or families from this exertion. .Yet, as
it is hoped and expelled that the United States will draw
the most essential benefits from it, it is just that Congress
should pledge the faith bf the United States, to reimburse
the whole cell land charges pt this tranfadion in reafoa
able im , togve such assistance in the execution is may be
in their power, and such security as the Board of In(pec
torkmay flipulute with them, (whic^ the said Board are
authorized to do) for the indemnification, of the fareties
of the bank, and t % fubferibers to the general loan.
* Neither the bifeflors nor Fa^or now chofea by the
subscribers, are to cteve any compensation made them for
their services
<The lafpeßors of Bank are,
Robert Morris, J. M. Nefbitt, Blair M'Cl,naghan,
Samuel Miles, Cadwallader Morris,
Directors.' John Nixon, George Clymer.
Fador. Tench Francis.
The execution of the plan is in great forwardness.
WHERBAS in th^ present fruition of public af
'' fairs in the United States, tlie greatest rind.moft vi
gorous exertions are required, fur the fuccefsful manage
ment of the just and oeceffary war, in which they are en
gaged with Great-Britiin : We the Subscribers, deeply
impressed w^6 the fentiments^hat on such an occasion should
govern us, in the profecurtonofa war, on the;event of,
which, our own freedom and .that of our posterity; add
the freedom and -independence of the United States are all
involved, hereby severally pledge: our property and cre-d
dit for the teveral fnms fpecifcd and mentioned after our.
names, in order to support theicrrdit of a Ban^to be esta
blished for furmflußg a supply of prov Tons for the armies
of the United Spates : And, we do hereby Severally pro-.
mife agd engage t rwcute to the Direßors of tnefaid
Bank, bonds of the f rm hereunto annexed.
Witness our hands this 17th day of June; in the year
of our L.rd 1780.
Pennsylvania Currency, payable
. if in Gold or Silver.
Joseph Reed, - - £ 2 oo
Robert Morris, , r - 10 ooq .
Blair M'Ctenachan, - - ,io,oqq
I James Wilson, ' jid ; , 5003
George Clymer•-. - - 5000
William Bingham, fe -^ 5000
J. M. Nefbitt and.co.;. - 5000
Richard Peters,,• ^ 5000
Samuel Merediths - - - s@oa
James Meafe, ^ -5000
Thomas Barclay, - , r 5000
Samuel Morris juti. : <- w 5000
John Cox, .4 . - 5000
Robert L. Hooper, Jun.< , 5000
• ; Hugh Shiell, ~ V - 500®
Benjamin G. Eyre, -400 a
William Coats, ~. . 4000
. Emanuel Eyie, • - ^ 5000
John Dunlap, — 4000
James Buddenc -.- 4000
Cadwallader Mauris, - - 2500
Robert Blub, - . 2,000
Pennsylvania Currency, payable
in Geld or Silver.
Owen Buddle, - - - £ aeoo
John GiLfon, - - 2000
Michael Hillegas, - - 4000
Charles Pettit, - - 2000
John Mitchelil, - zcoq
Matthew irwin, - - foep
Thomas Irwin, - - 50C0
John Philip De Haas, - 5980
Philip Moore, - - 5000
Robert Knox, - - 2000
Jefeph Bullock, - - 2000
John Nixon, - - 5000
Francis Gurney, - - 2000
George Campbell, - - 2000
Willi m Lewis, - - 2000
John.Meafe, - - - 1 4000
John Wharton, '- -'2OOO
Benjamin Rufli, - 2000
T. Lawrence, - - 2000
Joseph Blewer, - - 2000
John Pringle, - 3000
Bunner, Murray, and Comp. 6coo
Joseph Carson, - - 4^o
Matthew Clarkfon, - .2000
William Hall, - - 2000
John Patton, - - - zouo
Thomas Leiper, - - 4000
Robert Bridges, ; - - 5000
B. Fuller, - - ,- 2000#
B. Randolph, - - 2060!
Abraham Bickley, - .- z oco
George Meade, and c 6. - 2000
John Benezet, - ' -5000'
John Donnaldfon - 2000
Henry Hill, - r '.,5000
John Morgan,.'- 59°P
John Steinmetz, U - 2000 -
Samuel Miles, - - 3000
Samuel Mifftur;— —-•- 5003
. Thomas Mifflin, X - 5000
Andrew Hodge, - - 20.c0
Thomas Willing, - - 5000
*Simu I Fowel, - , - 5000
Charles Thomson,; - • , 3000
Henry Keppel„ .1 - 2000
. Francis C. Haffei,clever, - 2000
Isaac Melcher, - . -200 Q
Isaac Moses, - ^ 3000
John Schaffer, - - 2000
Alexande Tod, - - 2000
John rur,viance, - - 2000
Keanand Nichola, - 4 0a
John Wilcocks, - - 2000
;S muel loplh - - 2g06
Jonathan P nrofe, -.- 2000,
Nathaniel Falconer, -'..,2000
James Caldwell, - - 2000
Samuel Caldwell, - iooo
Samuel Penrofe, ~ - 10:0
William Turnbull, - - io®c>
Jbbn S.ee,. r , xeoa'
B njam'n Davis^ Jun/l. - - i&<)o
Sharp Delany, # - idoo
Samuel Morris;'',- 1 3060
Aidrew Doz, ' - ; - ioos.
Gerardus Clarkfon, \ - . 2000'
Peter Whitefid6,'' • 'xco>
Andrew Robeson; , - iooq ;
Abraham Sjoe,naker. ^;, 2 0b *
Tench Fraricifrssoo
.vr^r^r IX^RQ.S - ~. £300,0c0
+&+»+4^4<>^M€O9^^rf g
Port of Philadelphia,; Fennfylwania, ff.
T O A LL whom it may concern,
NOT ICE is hereby given, Tha^Cou tof Adras
-1 * ralty will be held at the Siate-Houfe, in the city of ,
Philadelphia, on the tenth day of Juy next, at ten
o'clock in; the forenoon .of the fame day, for the trial of ,
the orig or yeflel called the Three Sifters, burthen about -
300 ton,,. Thomas Reathaw fate matter, taken, as sea
on her iMe intended voyage from Cite leftowi to New.
Y-tk, feat into this port, and libelled against aspize by
S ephen Decatur, @i.tam, &c,) 'ro the end and intent
thatthe owne^ or owners'an pifon concerned there
in< mey app^r and ffie.w c ute, ifany #hgy 4y% why the
Tihe tyg should nut be condemned accordion to the pray
er of the Libel, &G; tyorder of the Judge, , GC
June 2s. ANDREW ROBEoON, Reg.
—— — : — —— =— t— ^ —rrrTrt-r.
Three Hundred Dollars Reward.
BROKE open the Skinners Shop of the fubfciib^r,
living at tie upper end of F^ont street, next doog
to Mr. Jacob V nfciver, in the Northern L'berttee, fa
the nighs, and ftble between thirty .'aridrortyDl^RskiNs,
the fleins is not quite fihifh+d^ tliey took also a pairing
knife and pumice ftane, nifh an intent to, finilh them,
as is imagined. "Whoever apprehends the thief or thiefs,
so that the owner may have his tkiris again, and the
thief or thiefs be brought.to justice, shall have the a
bove reward, and reasonable charges paid by
June 24. GEORGE MILTENBERGEF.
Five HHLEyOES Reward,,
or the Exchange.
RAN AWAY from the fum.cm.cr, living ip frill
Town tewnfhip, Bucks county; laltTh^rfd^y as.
tt/noon rhe 226 inst. (June) a Negroe map naned NED,
of a yellowish complexion, about 19 or 20 years of age,
by trade a tanner ; he had on and took with him a tow
linen shirt ano trawlers, a pair of shoes without buckles ,
and is supposed to have taken a Gold Watch, made in
London, No. 157. Whoever takes up laid Negrpe, and
secures him in any gaol, so that his mailer may get him
again, shall have the above reward, and reasonable char
ges, paid by
WILLIAM ARMSTRONG, Tenner.
June 24. ±^