Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1837-07-04

T,s1hs Al Ba.gvs. We ooPsd Inio yes'cisiy.
Cosnsr. ps-s.ph ffom tho Bangor Wig. tee
yectisT tie Peoples BARI. of tia, city. Tia auc
p.psf Of Pnd.y ooaisins logger viels IN the s,sc
.ssJcci. ~h'eh -e copy en,ire.--B Best. Coar.
r., Pcppif, Bast. The course psrs1ed BY tbs.
Iasutsiion fa fcw day. pact has created u'ueh en-
esefnen, 10 the CITY and % far We have bern a.
bic 10 sscersn the fac,. bAs bcen s,nsuls
deed. n not TO say unjas,ihsbic. We sro awste Of
the d'aiculi, ~hcn snaay storios N citculaiiou
u re,iIo- Al the truth bot having tie statements
of responsible individuals sughupty, Ne lay be-
fst, the psblic The folowiag statement. Sbieh We
believe msy be relied correct.
I'll. P-p,le's Bank .. the ony Bank IN tbs. city
.i,,eh reaecms rs bills snh specie. Before Tues.
dsy II has invafaly done II, though NJ, Wihon,
msnrfes'ing pciulenoe ss derogaiory 10 itself a.
dsploasing 10 those ~ho had occssly. to ptcscn,
I.oie. GH payment. The sPrsfent uE~.N,ngucss
ofthc Bank TO meet ns engagements excited the
reseotncu, Of number II individuals. aud pfpdo-
oed se,S,minsIon oa thsu pan. 10 hsuass the
Bark whsaesrt ia Their pow 90 to du. 90 Toes
dsy last 80 before stated by ne. Mr.. ID. NJ. How
ard presented At tine counter 81 the hank $500 Tor
tedempiiou. The specie vas counted out, when y
-As inu.st .siely sci4cd dy depniy shonu, GA re
quItcncnt II the Bsnk, as the properly Of - Head
E.q ~ho va. ondotset ca piece Of dishono'cd
paper lying on tho Bank, oC he ucppaymss OF
Of ~hieh he had NOT beCp uouhSd IN due season.
NJ iipxsis gss esisd against this proceeding ana
lla...tsteD obtained writ OF rcpievin, but not
until the money had been paid over 10 the FTesl
dent Of the Bank, Hon. William u. Williamson.
Shose rcceip, for tho same We have seen. No"
The Bank has no other ground fJr tins .u.onstrous
IL. q glsssu al
money might possibIy belong To Mr. Head. MI
Howard sili be entitled TO damages, IT ever he can
obtain Judgment 10 our encountered couri'.
On the day following, Wednesday. officers were a
gam stationed IN the Bank. but no run, wan inc
exception OF 50 note, vas made, tai yesteioS,
motuiug, Capt. kHby, Of buc .sanu, tfo'n boston
having brought with him $500 vi The People
Bank notes, presented them Tor payment, whea
presto change they disappeared IN the thinking
Of an eye leaving tho captain ihundeFstfuek "iti
sstonshmen'. One of the sherifi's deputies bn'
,sd violent hands upon the money, and IL was con
yeyed nj cnce to tho strong box Of the bank, as hi
property Of Henry Il. Head Esq. Capt kiiby ha'
DO acquaintance with Mr. Head, 10 business will
him and never saw him but once IN his life, no
I'D Mr. Head know Capt. KiIby, aud the Bank la
no more rig to seize the money, than It woul
have to seize the poe kct book OF any other elzer
md appropriate It's contents to its own use, "a Il.
sn?po.liou tina, the money in i, miga belong t
Mr.. Head.
The indignation OF the pahIs was aroused to
high pitch, by this conduct. aud several citizen
holding bills, presented them for payment,
mong these was Mr.. Howard. above spoken oi,wh
a. had obtained O.. An attempt was also made
take forcibc posse..ioo Of this bill, but Mr.. Hoa
ard being prepared To defend himself the objc'
we not effected. Several others also demands
specie who were refused. In the mean lime
large crowd had assembled in ffont Of the Ban
anxious 10 witness the proceedings within doors b
ed tho BankiB9-room TO ovcrfowing. THIS
laru.ed the officers Of the Bank The Cashier vi
directed TO pay no more specie durag the day; u
crowd was ordered out, and the doors locked. :
we have Temporary suspension OF specie pay me
On the part oftke Peoples Bsnk.
Oar feelings prompt US to the ut,eranee OF u
indignation so generally felt in the community, b
We forbcar IN hope that some pailiaiing ei- CUT
stances may reach the public ear. Az prese
tho popular feeling Is altogether against the Ba
and just reg ard for their own characters, deman
ofthe Directors an explanations apology fort
biuh-handed measures they have seen fl To take
n the dsmsnd 10 not complied with, we shall n
hesitate TO gnaie their proceedings by The e
prsssve terps yhlcb may be so easily and JUS
applied 10 thsm.
Since the sbave was put IN type, we are happy
learn that the Bank has delivered up the money
Capt. Kiiby, having been satisfied that II belong
to him. Id