Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1841-04-24


!. Pr.ce. Cabot. Handy. Oct. 10 Vain. Handy.
a tot
This rhon was the settled cnntse OF policy OF tho
Bankunti, iis future fate e ,ull be ssccriained -
M one can deny that tia, wls tho true course tor the
Now thus. according to the COMMITTEES. Is
the source u all the disiSer. of the institution
aud they assign ~ reasons the slzc OF the loans
made. and the wuIt of minut"s by the Committed.
which I have already answered. aDd finally II N
declared that the bI-ins,s done BY the Committee.
which / have already answered. and finally a IN ie-
clsred that the business done by the CJrnnntor'
was never Submitted iD tao stiminhtIOl OF the
Bard. Ut IT. regular m,riing.. nor - ~ any where
entered on the minutes. a htsing been repprsd to
that bpiy. too the = IuiOrntu0l % nphFSbiGnn.
" rhs esIlbI-hsi course of business. say ihov.
.scerns To- have heer To- the First Teller To p,y 90
presentation - th- c'Intc', al checks, notes. or due
hills. n1yIns cnlr~ei the .ri-r or tho inIsIahs oi
olc or he CI-hIcrs mi - place u csc n Volrh-
err In hi, drawer fr $, m lch cIsh-whsr-i they
rrlutinci urul just before the r,gullr P]erioiicl
c,un.in. 0fihs cash hg an" sanding Committee on
90 the ,ttt' OF tn Bunk. Ih'S' vouchers were
then la,eu uIi NII entered vs. Bills receivable. IN
a small memorandum book au4er the charge Of one
OF the clcrN-'" Asl gh'n we are lei to I'm Iglne
that these irscgulaa loans having once snt In'p titI,
gllph ofbIl- receivable lay hidden fro.E ever IN.
nan eye.
THIS " ts uld mntcilv VA At his Cpm niitee woIli
have pcr-Ial,d the stnck?plder--lhi. j. what they
meant 10 in>inuiIe without asserting a. Bu ~ "l.
Ut those lucky acc.dcltS wh ch srnciiIn : defeat
the worst defigus. this yeIy committee have mad
vert"ully aud uuc"lCrOu,ly pat inrtu 4 Siltcnrn',
which Mt puly Il ally contra lets the whole o.! their
report, but convict, their Chliunl1. Mr. LIppiurpti
Of the gso-est nrgiig nee ~ connivlnce. A. long
as the IN WISHED 10 prove IN a the oil -rrs
ui ths BUS and the EVch ulgs Committee were
gu,lia. It suited their Purposes - repre- ent these
persons as concealrng thcic proceedings. Bdhrv-
ing acc emphasized this. there were still some DIr"c-
tor,-som STOCKHOLDERS ~prpbIhly or the Y 'adidg
Raj RuId--whn were f. b. pI.i-hci. n ID they
. therefore, iur, short round. aul declare that these
very pulCcJig.s were constantly before The D,rcc-
tns. Ahn. they IusInuaIe. are guilty OF neglect IN
no sNamrnmr aud Stopping them. Tanks q, this
niiuo rage t'r more Vengeance, they tlnI r'veal
whlt completely answers all that they have previ-
pI>ly written. AMI never, certainly, WIS seen nt the
Quarter Session, ~any,wiineys caught m IRE complete
l. on hIs own trap. All lhisis seen IN the 1l,o~Ing
extract from The report:
b, ia. Thirteenth San ling II lie nr the Bunk.
It IS provided that the Committee on the safe nr ih-
Bank, composed % five Tcmbcrs. and elected by
hll.oicNcty three mJItls. should "ai least once du
rug Their time Of service examine anl count tn
discounted notes; AL compare the nmbuni ih,rcpI
NTH he 5tlauce OF the an1un; discounted II ia,
general Iclyur: they shall also cDaUl the cash. aud
ue puntct 1ul imprinted paaas IN possession 9th,
su'r-cNtm the evidences of the public debt
7ri property Of the cIrp, r itIDns, make an Inventory
at the sa'n'. t. b. compared with ihc blnEs ia ar
Ter - 2f'er'1Iu the ayroem 'u' AMI report o. thu
Board Iho cI.uin I2Iear, - have hesn for tn
committee T. cpliIc Their eN1uiIIupn exclusively
'1 tho cash. bill, discounted 81 pcrsD "a ald oiheI
secJriiy, Ia issues, AMI the printed an - iprinted
Bank Ptp'r pn HAL. "a, acroun;. h. we've. oI
INC general STATE of tn Bank. submitted u the d.
r"'ior' 1t every stated meriIug. clIla nj ths lem
nl B lis receivable On the Bank sock an u.her -
F.flF w. tNl..f, T,.fu 4, 1 ps cell III nil r..,,,tl.
lT sale o. branches as thu lu1us male IN the man,
uer he ESQ rlv'rei Il. ali"Fprcig Bill OF TX,
chang ~ uu Ter winch heal Wa, coal n III the al
yunceN on shipments of IN srca,tlIzs. Thus. or
jane 2Sh, 1898 on which day a. examination
was rern-,ci by The Com nireo on the state OF the
g luk, thrre stool 10 the credit nf Bills RrcrIv Ible'
the sum o; sl2lJ6O7i. 81 cents; an nj gorcig.l
BJls or Ev.hrmso' IN, sun JC 72l6I0J d1llar.,
81 cents
Ta.sr IS Iiv Astounding Here il mp ,eIr, b. the
declarlipI .! this Coma tee ilse.t. ia Il At ever,
stated meeting If the DIrocIprs f1s IN my years. all
these ! an. ubw ) e neI - % ret III these a1yan,
rss o. CrJuu -evrr snecies oiiave,Jm .ui WHICH
l. ihC su yet % r"pr'acl we suhn.Uol ~ the Di
re"tprs. Ey-ry 4 ~ dad th-s, Directors see u ! the
table before lhrn !his statement Of Loans and n Ivan
COS. an any Director Sho wished Er the particular,
had only 10 ask for n and the whole "details yould
have been imm 'IiaIcly brIIghi mo the Director,
Rom. Nj merry might every Director examine
~ ACCORDING u me bFt Laws, every lnres months
Now who w'ra these & IN nIltees on the state ni
he BIuk. who's. bI,inrs, it was To conirpI Inc tx.
change Crmui tcg The; we're:
In l-95-Ntrrh + iIpPincOf, NsT. Brown
Truucr al B'ylsri o bb,r7. Ned. Trori.
Bey!ad, Ne-k'rk and Cope
la lS21 January 8 Nswkirk. Iippincott.
b YL'cl. Van cTkcnp and Hickman. April II
NrNk rk. Lppu.ui 3 lA!rl. Lewis AMI Hickman.
luI535; Jan ,ry IL. wdh. Hickman. Alclp.
White anil Newkirl July ). Asp. Uhckm4n.
Waite. NcNkIrN. Cabot, Cope aud Pnc,.
In 1910; January =. VAIN. NrT. b ,nneII, Han.
dy, Cabot. July O.. WaiI, Taylor. Alsip. NeT
aud Brown. Or'05er 10. Ncfr Lewis, Marin.
Byra and Br, WI.
Bar ~ - especially la, u, mllow Mr.. Lippincou
w. hive jasrS.cu by the abjve extract from Inc
r"yp-i OF he co n nIitgc that oI the % Ia of June.
1885. "u which day "a eyIni a'ip1 WIS reported
b. me Com uI'ea ca the safe Of the bank. there
sio,d g. Inc dob t of Bills rcb ,ivable." the sun Of
El3lO5 tIl %. anI Of Foreign bills Of exchange
tie 8 I'm VI S72l6,lO9 4
Here then Wu- every item Ufnll these loan. AMI
cotton purchases before a commit eef whose IN nie,
du,y Il was To examine tnc5n. WAC ~is this com.
mfure' What Directors were they, - lost To- their
duty as no, 10 have cvlmiled these doings and er.
pose them, Who above all was thc chlrnI IN 1r
pf that cImn.ie', the natural lonIer uf that yreat
retJrH,' Alps, iOr human intrmIty. ~ the apprn.
dI uI TIE committees report r. q list O. all The com
IN tee, ipT s-verai yeurs. from which u appears tn at
on the very 2Sh of june this y~igilant committee
uu the state OF lac Bunk, sianls recorded. and AZ
their head Is
joshua Lippincutt,
Lawrence Lewis.
John BDIlcr,
John 4. Brown.
John Council.
Aud upv Whea IlIs Mr.. LtpptucJtt goes befrrc
Oh" si'",hDIiars % Complain of abb =. let him be
asked hv some independent man what he did on
that occasion Sly 10 hun DID you examine ihs'
sinirInenis' Ilypu SAY ~. lhen 30 beif Iyed your
duiN' then Won were ]iairIlcss 10 us. II YES, then
why id yoI 10 stop { csc p o ceilings Nhich nos
nearly Three y u-s afterwards, yOu come o. us to de-
npIncc. You ar' unjust - ne iu either way. and
We fear thai al tn pretended zeal IN pur service
IS bat 20 mass O. cHurcli ypvr own seliIsh pIrpp
s's. Let any s.'.sb IJer say that o. him AM SEQ
wu1f ho Will au-vrr.
D''hI wIT'". M 1riIrf IS. ihl' this movement
is % conspiracy got COP D. the managers of The
S'hn'IhHI Navisnr'u CImp1uy. aided by a few
weak pers'Hs wrr Odd MT sra that they were the
d1T' Of Their selfish us7g.ittcs. that - carry their
Objects, They have by missnr resolutions ]irutIlci
lHa "srNhi .crs u'J t mptr-r wirl cannot fail
greatly o. ruu-r fuo.r Interests. auI that The bank