Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-04-17

ing sonds Al "a 50 esnu per pound sssslsnx. A 1
me period OF that report, tho sum of 326 GOO dsl
"a" OF this loan had been taken up. Of which
me sank ives then the holders Of az2 900 dollars.
eno on That day with the assent OF the Boardl a,
somed The balance unpaid OF the contract Union
tue iS,b day OF August 1888 the Bank eu.r,n,.ed
a contract made by Mr. Nicholas B dd'e In NJ. in.
sSasl eapsety, for the purchase ofs 500 bonds Of
IN , Ssa,e o. MISSISSIPPI Of $4,000 each, amounting
~ the whole to $4,000. 900. The signature OF M
iromasDunisp, then second assi t,nt Cssiie- ~ =
e"Aeo 10 the guarantee, on behalf OF the Rank un-
on me verbal authority ofthe President Upon the
1n o. January, 1883. ths Bank guaranteed to the
state OF Michigan the punctusl ftI6Imep, Of an.
ooigations Of tho Morris Canal and Bankny Com.
loo the purchase of bonds OF that State to the
extent OF 81, 45,6s7 So FOR ZOO 900 taken a, mar
ano including interest on the il stain, MS payable
Se,h - S,ee months up to Januay, 1913. On the
SS.n OF Apul, 1889, the Bank guaranteed contract
entered into by MrThomas Dunlap in his Individual
csPaelty Tor the purchase OF one million of doIl.r.
OF the Illinois and Michigan Canal Stock In re,,,d
70 tnese transactions, the Committee can FIND no au
"ori'y on the minutes of the Board, and have been
referred TO none, by the President upon WHOM, H.,
called for information ''ey
Inc Committee submit herewith (Appeniix M
q statement ofthc Profit and Loss Account of m.
contingent Fund and IN abstract of IN. Ios.r.
ehargeable thereto. In this last accom-, r.
shage under date OF June -, Is4I, Of 400 600 dol
,as 10 Parent Bank notes account 70 w bich rs, NJ,
1een explained TO the satisfaction OF the Comm;,,es
n 'uSe aIso DC mentioned. that among the n nan.
futures OF the Bank, there is entered. AT yariou.
yates commencing May S, 1886, sums amoun,;ns
. az an ooisoio dollars, Is eeats, as paid on the
Receipts OF MIR. N. Biddle," of "Mt1 n, R;dS;s
ana :. Cowperthwai,e," and ''Cashier's Voucber,1
as he COMMITTEE were unable TO obtain satsf,e,o
~ information upon the subject Of these exn,nss.
Ito" the Books or officers Of the Bank. applc,,;on
was made by letter to MIN Bdde and Mr.
Oowperthwate, from whom no rcply has he. N re-
ceived. f"' mas oeeh re-
ne Committee have now performed m. ,,.L
s,gned them by the stockholders. They have on.
ueaVored TO select from the mass Of material, sh.
Hi.ed 10 their examination only such as seemed
Suclent 10 illustrate the general course of The al
INN, oil the Bank. To have gone mora into
ue.a,' would have required more time than was al
'oneu 10 the COMMITTEE and to have accomnani.d
eaeh particular with full explanations wonId ~ |
e1tehded their report beyond all reason,bI. I;m,s
hey have given the simple facts without cop,m.n,
OUT enough has been presented, il is believed ~
enable each siockholder to form a judgment, oS ,h.
manner IN which the interests committed nv him 70
ms trustees and agents, the directors and of;c.
nave been managed. To satisfy mere idl, cnrios,,
'ne committee had no inclination and would h.s
g'auIy omitted many Of the facts and expan.t;on,
.hey nave given, could such a couIse hay. been 70,
conci:e1 to Their sense Of duty, to those bv whom
they were appointed. '
JOSHUA LIPPINCOTT.
MOSES KEMPSON,
CHARLES MASSEY, Jr.
EDWARD COLES,
JAMES BACON.
JAMES S NEwBOLD. !
Bank oil the United States, PHILADELPHIA. Anr;l 4
IsiO. Attest, GEORGE SHARSwooD, Sse'v'