The enquirer. [volume] (Richmond, Va.) 1804-1815, 1804-07-11
E NQUI R E z.
RICHMOND
WEDNESDAY, JULY. IL, 1904.

a STRETCH OF TIE ARRANGEMENTS WHICH
FAVE BEEN MADE FOR CARRYING THg
| VIRGINIA BANK INTO OPERATION.
.hgreeably to the 1T feeion of the "Ad
| for Incorporating the Bank Of Virginia. books
| tor receiving fubfcriptions were Opened on the
| 18th of May by the Comm lIioncrsat Richmond,
! and at the towns where Branch Banks are to be
eitabliGed. On cofing the books at O'Clock,
on the firft day, it was found that s66s ihares
had been fubtcribed for at Richmond. At the
end fthe ten days 1881 fharesbsd been taken
| by 1902 Stockholders. Having graduated them
according to the 4th fiction of the law, the
Commiflioners difcovered that 1913 Stockhold-
ers only were nominay entitledto flares. and
that 1854 Stockholders were nominally entitled
! TO one flare each the whole amount of theft.
| flares having conhituted the legal number
| (375o) allotted to Richmond. In the Branch
Banks, the demand for flares was not 70 eager,
fewerwere fubicribedforin proportion to the legal
! number, & each Stakeholder became nominally
entitled to higher intereft in the bank. The
| Commiiioners having thus difcovered by the le-
/ gal fcale the greateit number of flares which
could devove upon any Stakeholder, proceed.
ed to determine by lot the fortunate Stockhold-
erS, who fhoud be entitled to this highef num-
ber.-Other operations foou required and at
tlacted their attention. Having no time. no
ground, and perhaps no ikful architects to
ouild houie for their reception, they have leaf
ed one for certain term of years, at the rate of
/ 1000 Dollars per annum. The roof is to be CO.
Vered with late, the vaults are to be dug, and
all the other necefary arrangements to be made
at the expence ofthe proprietor.
i 10 obtain the neceiiary paper, to employ an
adequate Engraver, and to make other indifpen.
hble preparations, DIR. Brockenbroueh fet out
philadelphia on the goth of May. Tnofe only,
WHO have the happinefs of beng perfonally ac-
quaint ed withthis gentleman,are able to eftimate
the Judlcioufnefs of choice, which committed
an office 70 delicate and 70 important, TO fuch
virtuous, jealous, and, let me add, accomplfb-
ed man. With mind fraught with the various
creatures of reading and reflection, with man
ners highly cultivated by travelling and by an
exteniye acquaintance with enlightened fociety,
with heart of unfhaken integrity, and zeal
not to be diverted from its object, DIR. Brocken-
brough was eminently qualified for this arduous
and delicate appointment.-My pen yet fingers
TO remark, that although he has not been ac
cuitomed TO all the details of mercantile buff
nefs; although he has not been trained TO the
necetlary and mechanical duties of accon,nt
books and counting houfes, he combines a pene-
tratlng mind, fully competent to underfand
It's duties, with perseverance, which few oblta
Giles can overpower. His ficcefsful attention TO
the Directs OF his milton will fully demonftrate,
that this imperfect tkech of his character is not
delineated in too lattering colours. / cannot
give more satisfactory account of the princi.
pal OBJECTS, to which he has directed his attenti-
on, than by giving the following extracts from
letters TO his correspondent in Richmond, which
though evidently written in the hate and hurry
or buineis, poIefs an epiftolsry cafe and ele-
gance, that can fcarcely fail to crafty the pub
lie tafte. In letter dated Philadelphia sth Iune.
the Dr. ftates: 81 have agreed with MIR. Wilcox,
VINO reiides 25 miles from this place, for 80 900
meets, which is the quantity advifed by the Ca
ihiers OF the Union and United States Banks. I
nave procured the materials, and the operation
VIII commence the infant can get the mouids
hnlfhed. All the neceIary books and ftationarv
lhave contracted for with the ftationer to the
united States Bank, and he will have them rre-
pared before the paper ard the printing prefs
can be complicated which will require nearly 4
weeks from this time. ] have fiIcceedcd too in
engaging an Engraver of " Gkill and refpeaabi-
hty' to go to Richmond by the laft of the pre-
lent month. The terms are the fame with Har-
ri1on's and the Union Bank that is, ITO dolls.
for each plate; and 100 dolls. for his expences TO
richmond iubiequent letter, dated from
Wllcox's Paper Mill, June 29, will continue
the chain of events: "I have contracted with =
young artift, b. the name of ZONES, and
forwarded the agreement to Col. CARING
ton. He was ftrongly recommended as a
young man of genius and relpe6fability. The
ipeclmens faw of his execution were adapt-
ed to my tate; and as to the time that will
be required to engrave the plate, refer the in
credulouS to their own obfervations.-All the
articles necefiary for the Bank will, hone, he
prepared, by the time when the paper is COM
pleated fuppofe, about the 9Th or 9th of Julv.
l am Informed that it will be necefary to have a
seal Tor the uie OF the Bank indeed, / know
that the certificates ilIued by the Prefdent ofthe
Banks IN Philadelphia are all ftamped. But il
was the opinion of the Commi1ioners, that we
mad no right to decide on the Devices of the
coopPer-Plates and ofcourfe did not choofe TO
ahume the right of fele6iug device for the zeal.
| think proper however, to mention that il will
require one month to cut the feal, and that the
price viii be from 80 to 100 dollars. Should
the Directors be chofeu before leave philadel-
phis, ardihould Retch of the device be (ent ON
20 me, will put IL into the hands of tie beft
ieal-cutter in this city" A letter Of July cd,
announces the accomplishment Of the obieet Of
his journey =" BY urging the workmen, have