Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1832-11-07
Mr.. JAMES GowEN.

A new Bank has been Just authorised by the
Tennessee Legislature, entitled - The Union
Bank of the State of Tennessee" which has some
peculiar features ia its charter. The capital stock
IS to be three millions of dollars, PAYABLE in gold
and silver, ten dollars share (of 5000 on sub
scription, and the balance in instalments. The
state subscrioes for half million, with liberty
to increase her stock to million, PAYABLE IN bonds
Of one thousand dollars each. bearing an interest
of foe per cent. These bonds are redeemable
one fourth in fifteen years, one fourth In twenty
,ears, one fourth in twenty-five wears, and one
| fourth in thirty years The profits on the State
stock, over the interest upon the bonds. are to be
appropriated tor the use Of schools. The school
funds of the State are also directed to be sub
| scribed. The rate of intcres, is established, at
SIR per cent for ninety days, sepen per cent for
tsrms Assasss than ninety days, and less than SIX
| tennessee, In west tennessee, and al C0r1fiOTa
a bonus oil one half per cent is To be paid annu.
! ally, and the amount of notes issued is limited
TO twice the amount of stock paid in. Every
director voting for or sanctoning any violation
Of the charter. is made responsible for losses, in
his private property. -BaH. FIN.
Cholera. The following is an extract Of a let
ter dated Point Pleasant. (va) October es-"I
hasten to give you some idea of our situation on
The river as 1t regards the Cholera. People are
all IN confusion and uproar, Hyag in every d.
rect'"n. Every steamboat that passes has some
cases on board One died eight miles above, and
was buried on the island. Another died NJ I.e.
tart Falls. and another at Marietta. The steam.
6oatGaliipolis cane down from Wheeling yester.
day. She landed at the Marietta Bar, in conse-
quence OF the darkness of the night. In the
meantime, another boat came alongside and re.
quested the hands to take their lne and lash them
together Alter having been asked whether there
was any one sick on board, they answered no.
and the boats were fastened together. Shortly
alter, some OF the passengers Of the GaIlipo!is.
In passing the windows of the other boat saw a
corpse, and on making inquiry. were told that
the person had just died, and on examination.
three more were found about to die They i'm.
mediately unfastened the boats, and with the mr.
most difficulty the hands on board the Gall,nol;s
were induced tn raise the steam and TO start
lhey are dy'dg on board the boats every day-
MaJor "agsoner has refused to take any steam.
Doat passengers at his house. A man laid AZ the
'dhui"S mere YESTERDAYS on a boat one hour under
severe attack OF Cholera; and one landed here
VINO Is supposed TO have It. shalt leave here in
day or two. j assure YOU we are in danger ev,
~ hour on the river"
Two cases Of Cholera occurred in Talbot CON,
~, (Md. last week, both of Which proyeJ fa,,j
a. Cincinnati, on the S0th ult. there were 60.
ven deaths.
Inc f'ttsburg Gazette of the Cd says tina, no
new cases OF cholera had appeared
his fatal epidemic still remains amongst ne.
.hough IN m,tlgated character. But few deaths |
nave occurred, and few persons have been ATTACK
ed since our last There have not been oyer s;v
deaths we think in town, and still fewer in Tho
country, that we have heard Of Oar nhvs,c;ans
appear t" have the disease very much under ,heir
control; and. when applied to IN time, c. n ,Iisarm
:. disease OF much of its rigor. We pr,y God
IL may soon disappear from amongst us. .
MaysrNe EAGLE.