The Sun.
London, England, 1841-09-09 00:00:00

MARYLEBONE BANK.

An adjourned special general meeting of the Pro-
prietors of the "Borough of Marylebone Bank" was yes-
terday held at the offices in Cavendish-square. The ori-
ginal meeting, it will be remembered, was called for the
purpose of takiag into consideration the then state of the
affairs of the Bank, the resignation of Mr. David Hannay,
the Managing Director, the propriety of dissolving the
Company, and on general business.
The statements and explanations which were elicited
upon that occasion excited very great astonishment, and,
having given rise to a very lengthened discussion, even-
tually led to the appointment of a Committee, armed
with powers to enter into a close and minute investiga-
tion of the affairs and state of the accounts of the Bank,
and to report thereon to the general body of Proprietors
at the adjourned meeting, which was appointed for yes-
terday.

The meeting was fully and very respectably attended,
although a circular had on the previous day been sent
round, stating that inasmuch as the accountant had not
been able, from the complicated manner in which the
accounts of the Bank had been kept, to furnish the Com-
mittee with any authentic or complete statement as to
the condition of its affairs, the meeting would only be
held for the purpose of a further adjournment.
Mr. Lowe, one of the Directors, was selected to act as
Chairman.

After some preliminary conversation,
Mr. VIZARD expressed a desire to know what had
been done since the former meeting by the Committee,
whether in fact the Committee were in a condition to
afford any information to the Proprietors.—(Hear.)
Mr. AnunnAm, the Chairman of the Committee, in
reply, stated, that they had met very constantly, indeed
three or four times a week, since their appointment, and
they had only been delayed in their proceedings by the
inability of Mr. Quitter, the accountant, to place before
them a full statement of the accounts of the concern.
That gentleman had advanced as the chief sources of
such inability three points—first, the great difficulty
there was in making out the accounts ; secondly, as to
the precise position in which he was placed ; and, thirdly,
the character in which he was to be considered as deli-
vering in the statement of the affairs. That gentleman
had expressed an anxiety to see Mr. Roy, the Solicitor,
with a view of ascertaining the position in which he was
to stand in reference to the Directors, and also as to
whether the statement he was to deliver to the Commit-
tee was to be a statement presenting fully the situation
of the Bank, or only a partial statement of the deta
the affairs ; or whether the statement was to be full, and
accompanied by such comments as he might conceive any
particular items to demand from him. Eventually, howe-
ver, it had been determined that he was to furnish the
Committee with a full statement of the poSition of the
affairs of the bank, which he had then stated he should
be in a condition to do in the course of a week from that
time. At -the expiration of that period the Committee
had assembled again, with the full expectation that the
statement would have been forwarded to them. The Com-
mittee, however, had been doomed to disappointment,
for it appeared that the accountant had not been able to
lay before them anything like a complete statement of
the affairs, but that gentleman had said that he had
brought a balance-sheet, which he had prepared for the
previous special meeting. The Committee had there-
upon considered that they had better have the then ba-
lance -sheet than nothing at all. But there had arisen a
difficulty, inasmuch as the document bore the signature
of " Hannay," and its correctness was certifiedby the
t originalteddoe overun
document, o, but
Directors. A consultation had consequently been held
t
with the solicitor, who had decided that that paper could
nhoet be hanl
the t
ha Committee,
a
thereofbecau because t amight!
Accordingly the accountant had promised to supply the
copy on the following day, and that in a given time he
should be prepared with the remaining part of the state-
ment. Nevertheless further time had been afterwards re-
quired,a still extended delay had also been subsequently de-
manded, and it had not been until the 23d of the last month
that the Committee had obtained any information upon
the subject, and then that information had been but very
little, it being stated by Mr. Quitter that the accounts
had been kept in the most perfect way that could possibly
be imagi
vene ,with a view to effect the object the parties
must hatended ; that, in fact, he had never seen any
accounts kept in so admirable a manner with a view to
the commission of a fraud upon the general body of Pro-
prietors....—(Hear, hear.) Notwithstanding this, the ac-
countant had promised to supply the Committee with
the full statement in a few days. But the Committee
had received no account in fact. from that gentleman,
which had placed them in such a position,. as to. dis-
enable that body from laying any statement whatever