Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1819-10-29

Florida. We may mud Il eXpe !irni iO oc-
cupy Ic>aS.-At all events we NAV
close The door; and stop all diplomatic
intercourse with Ills Juggling, eyaslse Z,
contemp,ible soyernmeul.l
CITY BANK OF BALTIMORE.
HE stockholders OF Tins Institution
convened al Baltimore OH The 1Nlh INST.
and have published an expose of lis situa-
lion, Which * loo remarkable la be PASS
ed over IN silence. The present Board
| OF Directors, who seem To have acted
with great Judgment AND integrity, made
al report ot The transactions of The former
board. They explicitly state, that when
The present Cashier came into oHice, the
affairs OF The bank were in a perfect
STATE at chaos most of The accounts,
particularly some of the largest, rot
posted up, and almost every one Of them
incorrectly and improperly kept, on pur
| poSe, no doubt, the Letter To conceal the
frauds which had been committed, as TO
enable them To perpetrate future, and If
| possible, more ertenSiuS. ones ;" that emo
bank book AT all Was kept :" 4" the checks
OF SCHe torO'ite {cw whose names will he
| developed in the course of this imvestiga-
ton, and who will appear In be large
| over-drawers and large debtors, wc,e a
carte bta"che for any sum, mOney or no mo
| neg. @The report thus goes on:
" From tue statement now to be laid before
you, you will be able to judge how your affairs
nave been heretofore managed how your pre-
perry has been piHRdered and e,Hbez=ird the
manner IN which the, last sad piLfnce Of the a.
gsd and infirHl tie ,cidOic and the orphan has
heen snatched from them by those s,rorn cash
| ieTS and clerks, who were occasionally appoint
| ed to superinieud your affairs. There are a
| hoSt 81 other piunderers, who are well known,
1 N Al "A.
30 are How, even now, living in their palaces
| rloting in Injuries. amidst The misery distress
and deSotation they hare produced. Last, though
NOT least ia iniamy, Is ----- and -,
whose Darefaced eifiontery and consunmate
| impudence are only equaed by the uiLltnv
| dad tWrpitude IF their conduct: they not only
| refuse all secnrityor satisfaction. buteXnlt in
| their nfamy, and throw the gauntlet of def
| ance at those whom they have robbed to the
last cent they have been the Instruments, in
! tie hands Of others, by which all this fraud
has beer committed on the City Bank"
II appears, that the whole debt due by the
| Bank is SLIP $40 or
OF which sum there is due
| to the stockholders S32 O30
| Leaving 3IO3IO Oh
| due to other banks and individuals Gucludine
! lis notes i'll ciiciation.)
10 meet this snm, il has Of good
receirabie bus 57i O65, 81
Other bills, doubtful, for $3.50
SO, estimated to he worth 10000,
Other receivable bills, thought to he itSOI-
cent by the directors, which the stoc K holders
estimate as nothing.
The oUer-drdtCiRgs. amount
| ing TO 1926 O55 IS (fOr great
| part of which real estate is
mOrtgaged) and which the
STOCKHOLDERS set down at oS ,O25 So
| Besides debts due from other
| banks, and other funds GS Isl 60
Cash OH hand (oHty) 1901 81
|
| Whole available funds 100 $40 OS
| Deduct whole debt due by
| Bank 3IO.3IO on
There wiIlremain IN the Bank a
capil.i of i2O 900
Which is equal to ) u per share
! In the list OF over-drawers the two first are
| these
Matt +. Maker : real proper 1856 49,
James Sterett " mOrtgaged. los Ne
The committee Of the sioc kbOidcrs adj
wise TO leave the Bank under fhe care oil
Tie present directors, umlil The amnua
meeting in May nexi-by which time
they might know whether ii was best iC
wiud mp the Bank, or continue it's opera
lions, with an amended charter, ADAPTED
TO its present diminished capital. - The
stockholders agreed tO this resolution. as
also TO one for pPiti0Hing the next Gene
raj Assembly 10 release The bank iron
all future payments 10 the stale, of TN,
iaX called tbP School Fund.
What irigIIlful picture have we here
of the abuses oil banking p