Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1819-08-03

| tdiner which he held a. assistant copbSelior
ana advocate Tor the bank. MIR. " illiams
| states that he himself was not ihcumbered by
any proceedings with the bank. &C.
| Inc second pamphlet Is published by Mr..
limos a. UIhainS, late Il director in the Office
al Baltimore. and a considerable endorser
,or others who had srscnlated in its stock
| utonsh III uocs not appear that he WAS engay ed
IN ithinSeit Ills controversy Is also with MIR.
| Dohnel-who said that the Affairs OF the office
eAhioiied d - scene OF plunder :" and,
~ ueSer'Diiis NOSE who had participated in IL,
he comrreheDded Mr.. a. y. w.
| TN tins Mr.. W. seat by general Winder
! hole 10 MIR Donnel requiring an explanation,
| "hich Tie latter, acknowledging that his ex-
| Press'ohS Mere hasty. &c. promised TO give
| Atter a subsequent demand for such e< uiana-
| non, MIR. ID. states, that MIR. W. appeared as
drawer ANA endorser, on notes TO the amount
OF - 3d., i25-ihat he was alarmed for his own
| intereSt-knew not how such sums were got
OUT OF 'ne ONCE, or any security therefor to
| the Ddnk except hr. George Williams who as
well as MIR. ~. \. W. was under protestl and
| speaks OF The loss OF character to Baltimore,
and The INJURY To those whose support had
Deen made to depend on expected dividends
from the Dapk, &C. In reply, Mr.. ". trans
] mits a statemeht shelving that the notes on
winch ms name 'rpeared, had regularly be en-
passed by the board-that ~ ,o75 OF the pre-
cedinS was the eLdorser OF stock uo ties for Mr..
george Williams, secured by stock at 5 l25
per share-.that these notes had been placed
unaer the direction of the parent board-and
that he had tor himself on his own account
pm , As ,Ooo-he also corrects some errors in
Mr.. ID $. aggregate.
MIR Donnc' did not reply immediately nor
until again pretty severed, nrged by MIR. WI
hams; aud when he did. he shifted The ground
OF MS accusation, OF added 10 it, that OF over
craving and gave detailed statement
| shelving that Mr.. W was responsible as ,iyn,
rs or eudoIser. for Ii2, SOS, and that on the
iot!' day OF l of the months from Nav. lSl7
10 May, 1919, both inclusive. Mr.. Williams had
neen over, from els a6, the lowest, 10 IL, O36
The highest amVprt overdrawn
MT liliams, III reference TO several of the
periods pointed out, shews that he was entitled
10 certain credits, aud materially invaIidates
The force of Mr.. DonueI's statemert. thonoh
me, me 'ac,s partially appear as he has gives
'hepi, tor the want OF such credits being enter
ed On the books. He sreaks,eiy freeto MIR.
Donnei and refers 10 an intimatioa which he
thought Mr. ID. would have understood. to
stttie Tue dispute, 10 which the latter made
no reply aud MIR. Williams, In conclusion,
Genes any one 10 bring Il charge against him
foi having beer" engaged in any transactions
which can lnpeach his honesty, integrity, or
Intentions sc.
The above. we believe, is as fair an abstract
OF Inc contents of these pamphlets rs il il DOS
sib!e to give in the space we are willing 10 al
10" A. A notice of them belongs to the hist0-
ry Of 0antlng, and we insert il without oGerin,,
amy opinion OF our own.
Pennsylvania banhS A writer in the Aurora,
says ihe provisions nj Il supplement TO AN
ACT emitted, an act regulating banks passed
at The last session ofihe legislature are COM
p'ised ~ the following summary
oeci. L. EnactS, that from and after the first
daH OF august, 1919, amy of the bank ircoruo-
faled by The act Vt 2ISt March, 1914, known
ny 'ha name OF the JoTiy banks; which shalt re-
iust 10 pay ITS notes demand in specie
shhl forfeit It's charter hui stiil shall I've liza
ne Tor lhe payment of its debts in its corpu-
rate capacity, and shall he authorized 10 re-
new the notes or obligations OF those who are
Indebted TO II, aS occasion may require
sect EnaciS, Thai the fart ofn refusal of
bahk 10 pay It's notes is TO he proved before a
Juuse or Inc court at common pleas by one
or more dlslnttrested witnesses after having
gwen ten days notice TO the president or
cashier, IN width case the judge il 10 give no
tIce TO the governor. But refusal TO pag notes
hetd by protessed money ,rcltangcIs ;snot to uoyk
u tov,iiTe.
sect Requires the governor, upon re-
ce''lns notice from Judge, OF The refusal TO
pay, TO issue his proclamation declaring void
the charter OF The bank IN question
Sect. i. States. that The forfeiture of the
charter Is 10 tie deemed 10 have taken effect
from the date OF the proclamation.
oecl. D: Enacis, that II ANY bank tile CHAR
Ter OF winch shall have been forfeited shall
issue any ncieS, the directors conserving there
to shall be liable for their payment i'm their
Individual capacity, and if any new loan or
dividend be made, the directors consentiuy IN
the same Shall be individually liable topay the
"''S""' 'VOi, ~ any person HAVING claim
10 an equal amonnt upon the bark who shall
list sue Tor Tie recovery OF the same
Sect. u Obiiges the president or cashier of
ANY bank under penalty of % dollats. i'm a
case oi refusal topay In specie, any note pre-
senteu Tor payment, TO endorse upou the same
the day aud year when il was presented. and
the sad note from thrRceJOrth sh0U beay an init
rest ~ Sir percent per aHnun.
seer. I. Declares, that the time for winding
mp shall not extend beyond the period of the
A 10 ~ L.. 4,
hrst day OF April, 1925
- i ms law OF Pennsylvania as well as tina Z
OF MARYLAND mentioned below, il the neopIe
are MOI TOO cowardly 10 present the facts TO
TIE proper authorities, and these authorities
are honest enough 10 give the laws effect. will
IeheVe the cIlzens of these states OF MANY
banking establishments, TO The permaneut
@Ood OI ihe present generation, and as "A So |
Tenn warning TO pOSierity.
Ertraet NJ letter from PittsJurg. .JRly7. The
banks IN this country have much 10 answer
tor; most OF them having stopued uayiur soe |
cie they think, believe, thai Won insult them,
u! demanding what they promise 10 nav and |
unfortunately 1t is too true, that individuals !
ae' M 10 forget the moral obligation OF aociet, |
10 De INQUEST and punCinaI. Ii il almost out
OF ihe question 10 procure eastern funds here. |
in some Instances more than twenty uer cent |
Has been offered. Many bank notes ci,criate |
W'icl are considered 70 or % per cent worse |
thah current notes, and for change Ye bavs
notlin. but our city tickets worn oui years
since. u iemPord, o m0reS!
NmgidBd hanks. Extract from an act passed |
az fhU last setsisn of the legislature 10 iaci-
iiiue tie recovery OF debts due from the seve |
idi banks IN this state. aud 10 compel She said
nahk' to pay specie for tNeir notes, or forfeit
their charter"
Bit eHactsd, That upon application made TO
atS count! court III this state, snpporIrI hy
1th!hvii, to he flied in the case, sia,iuy the
ihrt, That bank located in the country, rpGns-
Is l." pay specie for its notes, aud upon the
cOh't bang fally notified that such bank does
refuse TO pay specie for ItsnOics, The said CONT
may, ana hereby is authorized and empowcred
70 order Iis clerk to issue a scye fuchs. in The
hahe OF the state of Maryland, directed 10
Wv. Wv. sh'd Ddhk by It's corporate name and style.