Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-01-11

Hence II VIII Ue seen, tnlt INC lnlolIlutlon HoAFu 'i
was not withheld by reason of any unwilIlngness TO
furnish it, but from the many difficulties in arriving atil'
Very respectfully,
Your most %ubedient,
JAMES RAWLINGS,
President of F. g.. of Va.
To the Hon. LIsS BaHKs,
Speaker Of the H.. D. of Va.
The Speaker presented the following communication
from the President of the Bank IF Virginia: which, on
motion Of Mr.. Smith, of /. of W., WAS ordered to be
printed, and referred 10 the Committee on Banks:
BASK OF VIRGINIA, Jan. 9th, 1888.
To Tie Speaker Of the House Of Delegates:
SiI-ln answer TO the resolution of the House OF DE.
leeales, adopted on the 9th inst. 80 requesting the Presi-
dent of The Farmers Bank Of Virginia aud the President
of The Bank of Virginia, 10 furnish the information call
ed for by the Resolution Of the 18th June last, 1t made
out, if not, to assign the reasons why"-l have the honor
to state that the President and Directors of this Bank,
from the great respect they felt for the Representatives
Of the People, Immediately on the receipt OF the Ics'lu'
ton of the 10th June, gave directions 10 The CLERKS em'
ployed in the Bank 10 proceed in preparing the iniorma'
lion called for, and whatever time could be spared from
the necessary daily occupations, was devoted 10 mat 3D.
ject, and some progress was made therein; but from le
oInprehensiventss and mlnuteness OF detail as 10 TIE
number Of accounts, the offices, trades md occupations
Of the ndiyiduals-thci residences, specifying the coun-
lies, cities, towns or bOroughs, NC, II was llnpracllcaoe
To accomplish the work within any reasonable Tune
The work was Of q very complicated description, ana re-
ouired that the debt due by every individual and hrIn
should frs, he made out. and that then those debts should
be classified according 10 the occupation and residence
of each. The number Of those individuals anu iifins
was upwards Of seven hundred, residing in various parts
of this Stale, and in other distant States. will further
remark, as some evidence Of The caily labor in this Gank,
that the current accounts OF the several individual deal
es and firms are about two thousand, and the accounts
in the general ledger, including these of other Banks
and our branches, many oil which are very long, exceed
one hundred and seventy.
The House Of Delegates will thus see there can he
but little time TO reply 10 such n requIsltlon as 'Nat
of the 10Th Of June, or TO any other eXlFancous Du'
sincss, and will, confidently believe, deem these rea.
sons, for having omitted 10 furnish the required iniurma-
ton, satisfactory.
The Directors have no motive In misuse the money of
the Bank. The average amount ct their own aCconlTno.
dalion is very moderate and their services are rendered
without com ensalion from a sense oil duty to 1 the commu
nifty. With Them INTELLECTUALLY, there would be no oblec.
liun TO the exposure of every account IN the institution;
but neither the letter nor The spirit Of the charter under
which they act, nor the settled policy oil banking, rtcoH'
nizes such a principle.
Whenever there shall he good cause for suspicion Of
favoritism or corruption in any specified case, they will
be ready and the first to have II fully investigated and
exposed.
beg leave to add, that standing in the attitude the
bank does in consequence Of The suspension ut specie
payments, | should deem it no less lndIscreei now 10 OIL
fer The slightest ~indignity to IA branch of the Legislature
of Which we are asking indulgence, llian 1t would be un.
becoming at all times.
With great respect, | am, Sir,
Your mos, ohrdient,
JOHN BlOCKENBROUGH.
General State of the Eank Of Vrginia, including The
Loans and Discounts s7,l3l,s 1903 II
Stocks 4@iS5l Oh
Real Estate 3i1!2I VI
Due from other Banks GD2 45I AZ
Specie 572, 7GO Is
Advances under a contract with the James
River and Kunlwia Company 232.c3l UO
Balances in accounts between the Banks
and its Offices 95y59l II