The Massachusetts spy, and Worcester County advertiser. [volume] ([Worcester, Mass.]) 1825-1831, 1826-08-23

the bills were not all couuted--ha could No
pay them without counting. nor deliver IN,
specie for them without counting. He Ithe !.
gehD again said, that he should NOT wait 70
lhem 10 DC counted; that there had been finn,
ehough already; that the Cashier had waifef
on Two other persons since the bills were pre.
sen'eo, ana ne should wait no longer. Where.
uPon ne TOOK from his pocket writ. which
~ -" ooupt was made IN Boston, and ordered
:"ein VINO was IN waiting to attach the
specie, which had been drawn ont for az
payment of the bills. The President 80 'ne
| tuiated with him, told him NOT to be hapt,,
mat ne should have the specie as soon az NO.
slole. lie (the agen) replied "my course :.
sHaiSht-my orders are peremptory. and m
iess you VIII come into our arranoemert 7
snaIl make an attachment Immediately ;, IT,
lIesloent requested him to desist few mo.
iDehts, and he would decide upon Il than
went OUT, and returned with one other D;rao.
or when he informed the agent that ~
mount oil bills presented was much laroor 81
mere was any reason to expect: that thera
was at That moment only about cir 900 -,
specie IN the Bank, but that there wac No.
on Tue road from Providence, which wonId =,
rive before the bills, and the specie then ~
D"1A' couid DE counted; that the Banl, I'D
ee0ost In Boston, and would give Iyhst
SPI,s mere was, and check for the balance
anu tnat Inc Bank should not be closed unt;i
s served tie the agent) answered
e 0n"la not "aI-hls orders were peremp.
.o'y-tnat ne co|!d not take check on Bos.
ton, unless the Fall River bspk wonId \ -o''
1t IN the Saffells Bank $4,000. and q ~; pos
not done Immediately he must m.La ms was
tachment.'i an al
The President and the Director rro.oa,
hnding the agent was determined ON r mo
au at'acnmen;, and not wishing TO enter ;nto
d la" controversy, thought best to MAKO ~
deposit required; the President observino
tilat they could not agree to the arranoonor91
lor any specified time-that the Banl, sho,,1S
De at hoerty to withdraw the deposit whene o
er the Directors thought proper. In fh;s mo-.
ner the business was arranged.
II may be proper TO remark, that the t;no
occupied IN counting and sorting the bilI.
Vhe packages containing other than FAN R;r'
er bills) and which the agent said was t;n,o
enough, did not exceed three hours. and ti,are
then remained about $1,000 to be counted and
sorted by the Cashier. "1O
Inc deiay IN waiting on other persons of
which the agent complained. was simnlv a.
act OF changing ten dollar bill for An elderIT
iaoy' and receiving one deposit of S204 tho
Time taken for both, probably did not exceed
nVe minutes, was fully made up by the CASH
iers returning after dinner at least baIf IN
hour before the regular Banking hours. for the
agents accommodation, which he had. c;u;i H."
enough TO acknowledge. O''''''y
1t may further be remarked. thai ,he
mount of deposits in Providence. Al III.
time, was about 100000 larger sum than
would have been suffered to remain there. had
1T not been from the conviction on the mind
OF those concerned in the active Management
OF the Bank, that the arrangement to redeem
the bills by The Merchants Bank at Prov
a ,, , lthe agents of the Suffolk Bank, )
Which is respectfully submitted.
Signed, 3. RODMAN.
BRADFORD DURFEE.
RICHARD BORDEN.
Fall River, (TrOy,) Aug. ID, 1926.