Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1816-09-11

IL
cred 10 show that he was Interested in the
vent of the suit, plaintif demanded & In
lsted that Mr.. Thaw do give testimony in
ms case he not being interestcdm tins Bank |
otherwise than as heinz employed therein. |
The agentfor the Bank insisted, that. no
otner than the best evidence can in the case
be admitted, and said " MIR. Wilcox is the
best evidence" s. Wilcox was then call
ed forward by the alderman, and his tssti-
mo ny demanded
Whereupon s. Wilcox, cashier of the
Mechanics Bank Of the city and county of
Philadelphia was sworn.
Inc Bank note in question was shewn,
and his name thereon pointed out to him !:
ne was then asked is this your signature : -
ne replied " II is my wriring.n The name
OF L. Parker written on the same bill beng
shown to him, he was then asked" Do YOU
know that signature ?" he replied, " | do ;
j believe it is his" He was asked who he
meant by "his' and replied {" MIR. Par
ker'sn
Question by the agent OF the bank. What
was understood at the time this note was
issued, with regard to its redemption in
specie
dnstCer. To resume The payment in
specie, when the banks in general resumed
specie payments
Question to witness by the Alderman
Was this understanding made known
TO the person to whom this note was given ?
.dns1oer. do not know to whom that
note ,'',ts;v was given II was made known to the
Question. In what manner was it made
known
.ias'oer. In the newspapers as un-
dersto0d.
James Castairs, teller of the Bank, being
three times called did not answer.
question to the witness by the Plaintiff
AT the time application was made to- the
state Legislature for the institution of the
: Meehanick's Bank, was it understood thar
the Bank was not to make payment of their
notes only when it best suited their conve-
niency !; or was it understood that they
should redeem their notes only by irving
OTTER notes for them
10 tbis question, tue Agent for che Bank
objected tut the objection not being sup
ported ny any argument it was 0ver-ruled.
'fhs'Hsr to question by witness. can
no, answer that question butby referring
AZ t'it lidft4S
qaeSiton. What panera ? .qasver the
papers making the application.
. Question, by plaintiff, respecting the con
struction OF the 9Th Section of the Bank
Law
derman.
fhe Agent for the bank, then observed.
that there was no evidence of Mr.. Parker
Delng the President 0f the Bank--Nu evil
dence that the note was issued by the cor
poFatlon--Nor does it appear, that the Pre-
sident and Cashier were elected according
TO law
Leaving TO this young agent of the bank.
all the merit of fl st publicly suggesting the
possibility of the Bank ST .ckholders and
oil the Bank Directors heing cspable of the
6sseneSs and folly Of deceiyinz the public
by conntenancias a prete ded President
md Cashier ot the bank, and of cpnse-
quent necessity in the present case of CIV
ih5 proof that they are not guilty of such
Da'eness. Leaving, also, to the Bank Di-
Lectore all the advantages to be derived
IRON 'le clubbing appeals that have been.
et may be devised by themselves. OF their
counsel, Tor theDurpose of delay and per- |
eeisi some oi the very many mischievms
consequences QiSuch measures, and al the
same time pefceiying also that some advag- |
tage3 may be derived from the errors whicl |
have been or nay be nerlnitted in bankjuo
system Especially It applied in the Direct
or OF the great rational bank about to b,. !
brought into operation respecting which !
see the occasion to say, have entire
confidence. approaching to the most OK |
terded nearing OF e full faith - Because
conhde I'D the wisdom OF Congress. in the |
integrity of Republican Administration
hrmly and generally supported by a re-
puOiica1. people. AUD because. perceive
the vast advantages 70 be deriye3 from the /
and OF great mind possessed of great
means, and unstained reputation.
And apo'Gsislng to myself rather than
to tic public. Tor having DELAYED even Tor |
a moment, e. arrest those men who, had |
disObeye,l the . the commando orst the |
Coumonwealth' to appear and give testi. |
moUy before one Of the Alderman being
ann more especially from rhe consideration
OF their dependant situation, AMI the tIndu.
influence too probably practsed upiip them
and more especially from the consideroiion
that the citizens might have felt some in
convenience frOm such a measure: and
that under the present circumstances If
was not absoluteyhecessary to he done: as
Considering the signature of the Bark
Note 10 question by the President ard
Cashier OF The Mechanics Bank Of the CT
ty and county Of PhiadeIphia, as being
FULLY proven-And considering, that by
the imperious command Of tie law. il has
become my indispensable duty 10 give
judgement in this case--And lido hereby |
accordingly give Judgment for the Plain