Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1821-11-20

sidercd that this bailment was exclusively for
the benefit of the depositor. and was TO be
considered simple deposit. But the great
ana only point on which the Court had he
Stated was the degree of liability of the bank
Tor the doin5s of the Cashier. They cons-
uered that the bank was responsible for anv
acts ofitsofiicers within the line of their duty.
or scope of their authority. Thus, they were
liable Tor general deposits, whether entered in
their books or not, us they are liable for the
correctness OF the entries of their Cashier
Ihey may be also liable for not giving due
notice ON notes left for collection, il they I'M
dertake to give notice on such notes. But, as
the Directors of the Bank had no authority to
open the kegs in which this deposit was con-
tanned. they could not delegate such authority
10 tneir Cashier; he was therefore acting out
vi me Inc OF his duty in opening the kegs
ana, Oh course, the bank was not liable. The
nahN does not warrant the honesty of its Off
GERS it only warrants that they shall be skiful
IN their employment. Judgment for Bank.
Esser Reg.
| PREVENTION OF BANK NoTE FoRGgRIEs.
we are sorry to observe, that all the at
tempts which have been made in England ia
discover Il method of preventing the forgery
or Imitation of Bank Notes, have completely
Jailed. AZ Il recent meeting of the Directors
of the Bark of England, this important q,,es-
ton was agtated by one of the proprietors.
when the Governor distinctly stated, that the
new plan of Bank notes, upon the result of
winch so many sanguine expectations had been
raised, did not bear out the anticipations form
ed oil 1t. The Directors had adopted the
nest recommended plans, and practically
worked them with the greatest anxiety, labor.
and expense they had indeed worked them
I'D an extent far beyond the original idea
formed of the plans themselves but it was
WIN the utmost regret that he had now 10
| say, the result had not borne out the previous
| expectation. The Directors entertaining such
an oplnIon,i IT was impossible they could hold
out 10 pubic confidence with their sanction,
a new plan which they did not think possess
ed the stability attributed to Il. At the same
time the Directors assured the Court, that
they had never ceased, not alone during tie
last one, TWO, or three years, but throughout
the last thirty years, to direct their whole ex-
nefience considerable as it must be supposed
I'd De To the attainment of such plan as that
to which the public attention has been drawn.
AT present, however, though many great i'm
pr"fements had been undoubtedly suggested.
! mere mad not been one to which they could
aiiiX that Character OF permanent stability
winch was so generally sought.-Thcy would
|
could not help rcmarking that it were better
TO let the matter rest in the hands of the Di-
rectorss: he feared that going diffusely into
the subject before The public had led To more
cvii than good. They had gone on with the
late plan until they found the ground break
ing under them: YET they had still kept the
SUBJECT under their constant practical consi-
Iteration, although he could not Aatter the
court with hope ofthe speedy consumma-
ton of their wishes.
ms communication is much to be regretted
as we had ilattered ourselves that the ingc-
nous devices ofour countrymcn, Messrs. Muir
ray, Perkins, and Fairman, aud which it is
understood, were submitted To the Directors
OF The Bank ofEngand, would have answered
all the purposes of an effectual prevention IA
Sainst forgery. We have not heard whether
any successful attempt has been made 10 imi-
tate The new notes in this country. But we are
afraid that the fact, which has been SO uneCui
vocnliy declared by the Governor of the Bank
| OF England, and which, we think ought TO
have been concealed, will greatly we ken the
confidence which the public had placed in
J them, ii IL Goes not also give encouragement 10
Our lorSers OF Bank Notes. MEANWHILE the
hummer OF those criminals seem To increase
III England, IN consequence Of the increase o.
domestic misery, without the frequent execu-
tions, which take place for forgery, appearing
I" nave any effect in the way OF preyention.--
A iter-al we are not without hopes, that some
thing may yet be devised to arrest the pro-
gress OF THIS growing evil than which nothing
Gun be more fatal to the commercial interest
Ola country. hwy Nat. .air.