Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-06-03


rogaion OF the rights and liberties OF the citizen and
could not be claimed at law aud i,s exercise at
oes, anu under any circumstances must be incon-
inoj,ous aud create serious oil The business
c the bank should be rather strictly Than A.
No, n..ss" "' u'sw WIN IT, ny implicated any thing
which the undersigned feel ia the hber.hty and
nny OF 'her colleagues, so TO conduct the h~pecon
"s 10 cause the least possible nconv the
OF the Bank could authorize an acuu,ese,~,r. in
Claim oil right wholly to obs'ruc and brins to s,op m.
ordinary proceedings OF the Bank in r,. "a s.p 49,,
charter. f"' ''e
TWAS claim to take the hooks out oftle If
the directors into the possession of the compu,,,c ~ M
tain them as long as they pleased 10 carry ,em v,h
soever they pleased "a right afterwards u.oe as,
serted snd attempted to be enforcedD to put ibcm
Whatever use the committee, in their dis
erection, might think proper The undersigned ay,i, ,
peat mat derogates in degree The Objectionable
character OF tbs claim, to urge that The books of the Raj
,hss taken om the possession the directors rnnLi
nave oeen put to no unworthy by tho COMMUNE,
70 h ", Saei, an idea could only suggest itself
80, repu"ie'ea. IL Is sufficient objection that they
would have been put out OF the custody of tbos,
oe 10 he stockholders for their safe keeping The mos,
improper use to which the books or any he, nrona,
al Individual or corpo aiion can be mt is -
mem away from their ghiiu owner and Ia ~ to pu,r,;n
may ,nihk can better take care OF nv nei,hhor ma,
ery man he does himself but may not tlereior. u =,
from MN, and administer it, even for his own cool. r,
ICES may take IL, without warrant oil law i'm o,sr -, 80
nAe' from 5 unlawful USE matter to be used 90
py consequence, Tor his crIniuslon IT, 49,, - W
20 e stockholders of the Bank are by them en,,u
nv ~ me directors They do TO, belong 10 The sInns IF
representatives. nor TO any COMMITTEES of ,io, Hn ~
s" 70 inspect them no more involves a right 10 tr1.
"'e", IMAM right he money In m.
'to's involves right 10 take sion of II I, - 80.
0, frequent occurrence in State Banks that comn,;,,se
the 70 a men, and aiming other things, count
ie specie ia their vaults Should such ror,n,o. ii -
tue right OF going into the vaults alone and conn,n ,n
without The presence OF the of ia. Bank
me'r authorized agents, il would be thoupht v.,v
nhwarsntable claim; aud no personal cnn6J.nco ry,
IN me honor and probiiy of The committee woul ,.,Jsr
such a Claim a, all the less UNIV arrantabls ~
put the attempt to fortfy the right of taking
~ ue nooSs by urging ha in its exercise il world not
nner;o "ueu, wno,y iaiis in The apprehension
aoe,gsneu because they deem that the use which wa,
aso"euiy 10 be made OF them was the greatest no.s;a
sSuse IL was intended TO employ them Tor the purpo,e
Oh general Search not only ascertain in the mos, CO.
;, '1'' whether the charter OF the Bank had been
Vos'eu hut also what corrupiions abuses and M ,ra;
of in"";r, en pace 10 Its msnagement and this by way
" INJURY among other things, mheiher criminal nro
euuon, IN legal form, should be instituted (see resnI
h;i i, COMMITTEE oil Investigation Of 7th OF Maya in
nsG prosecution the directors called 10 bnoL
"v gu nave been the party inp licaicJ.
go ne undersigned believe, that, in land Of ri,
moe'y and iav II can need but ie argument 10 s,,,.
hat claim, on the part of committee or ei,J,sr Ill.,
OF congress acting in virtue OF the
p,,i VI INQUIRY 10 demand, as matter Of right, the
ueo ana 10 take possession of the books and na,s,s
belonging 10 an individual or corporation in orJar -,
search therein for matter which TO found criminal
poeeuute against said individual corporations is claim
~ once OF Tie most unfounded pernicious character
"ey confidently believe that court of Justice in nh.
c,hed States any other free country has ever c.;n
~ SUI" power as right, or attempted, in point of fact
70 execute It, They have never heard of nnv s,,,n,
""d hg "es ,h' power TO any court other tribunal
nu .ney would deem the assumption of suc, mower
by either House of Congress as an inciJn ~ a. poer'
M powers oil Tie House. and, resting on the Ter ayl;o
dangerous. 80 "'h"eS' uesree
,oo ne committee having Withdrawn frcnn she occupa
aJons ~ me banking house, Tor the stated
resolution requiring the President and Djrectors
OF Inc Ba'k 10 submit certain of the boots oT d. p,
Aweran o, me sommies at their the North
oh h~ Committee OF the Directors leclined co,,nin
M winch appear in their resolutions adopted Msv
81; ~. tDoeunen' NO. O) The undersigned regarded
sH di as SRsa tS s g. I
nee in itsaiI RI
ana Directors are reqHred submi, certain of ,;r rot
70 'he inspection oil Tie committee the North American,
- W The term required. nothing is to be under
$1,000 out request with which the Directors of the E
were at liberty TO decline compliance the. go ~
consmn, ~ b. asclhe' snd THAR doing argues no
onenP' q ne House. But the majority Of the commit.
zee eviaenY regarded IN way obligatory the de-
t M 10y ,ne production, at their hoie OF certain
oil Tue book OF the Bank Such demand Tho s,Is;
Ders deemed to be unauthorized II valid in referenr
10 me DOCKS named in the requision was OF course
'u as 10 all The books OF the Bank and all lis br,,h.
which, by parity OF right, the committee mivI r. 80
quired TO be brought TO their lodgings aud there d,,s;
and used at their pleasure. The q1.sion ,yh
posing them brought TO the comuittee's room Al s III
American HoleD they should there be submitted j.;
son oy me directors or inspected parte by the Cam
hhtiee OF Investigation, distinctly raised r.,
considering that the committee ceased 10 hold tbeir -
ing al Tue banking house. precisely because The Directors
insisted on their submitting the books for nspecon il, mr.
% the Undersigned that, Whether exereis.
e OF not Tie right OF an pdrsg iuspe c,ion ~,
Gu 70 ~ 'eserVeo and That the inspection was required 10
"1 ~ "e private room oil the committee TO enable The
committee, II they deemed e. pediant to ,rt an ~ - w
se'Yauoh Al The objections therefore rhicl, liz, 70 A.,
Pu,te inspection III the banking house. hold with ennaI
iolce 70 an &C PGrte inspection Of it, -
IN auction 10 his the fequisilion OF the books r., b
c"ieu away from the banking house appesreJ 10 the
ue'siS"eu or other reasons, OF an iusdussha
Ter IL was 10 lake them away IRON the place vLer Tho
Important interests OF the bank require t,e,n E 81 80
10 De used Ii was TO expose them 10 the ,i.Ls r s
por'duon through The streets, aud detention in ,y.,s
rooms, not constructed for the safe presefvation Of
Die papers While IL is the constant practice of in;,
ala 10 dePosite for safe keeping valuable books I'D
pers IN the vaults Of the Bank the Bank vas ,so;. .,
remove It's own goods aud papers, contsipue lie avIs
PeculhNy transactions to the amount oil seyeraI -
"eus OF mIuIons OF dollars annually, 10 the comr,e,
room IN Tue North American Hotel a public hous- oI -,
resort in PhIadelpbis. The UNDERSIGNED o,nosaS 80
Tequslop from the belief that Was totally be.ond 49,,
auofiy OF me House; and they should have dee,a 20
gTe"eu compliance with il by the Bank which -,,t
nave uesoVed on The committee the and responsibility
OF 'ePosite so delica.e and valuable y"
ny 'he Z3d section OF the charter, whenever s-;re n,
Gus against 'e Bank IS sued the Citcu Conr, -,
Pennsylvania, II shall he "Iawful for the co,r, 49,;
mining into The truth Of the alleged vloIsjon Of H.,
r 70 require the production OF such of the booEs =, 49,
Bank as II may deem necessary 10 the aeca,ain 80 =,
the coDrovefied Iacts." This ia the onv 80 =; -,
me contract between the Governme MT aud The
authorizes Tcquisiiion Of The books and bis
mony giabed by IN" TO OF tho high judicial
o. lne country, on an examination Into am alleged yioln
nS challer' 10 require the production Of thr hooLs
"nch may deein necessary TO the Of
uoVeIted facts, sufficiently disptOyes by .yc son o
grant Of any similar additional power of to en-, Ii
70 any o'ier tribunal That the House OF Keorosentaivss
independent Of the charter, has right bv one n AZ 800
70 require the production Of any or all of e books