Lexington union. (Lexington, Miss.) 1838-18??, 1841-06-12

edge o! the healing art, died IN that city
or the 10th, uIt. Here the school Of
E'culapius lost one Of its brightest arna-
ments.
or The following extract from the
report of The committee Of stockholders of
the United States Bank, appointed in
January last, to examine into and report
the condition of that inslitu' n, exhibits
course of corruption and favorigcsm
alike destructive of the good morals and
general veal Of the country. Ths de
Istructiye course is not confined to the
boosted dispenser Of a sound currency and
cheap exchanges. 1t is general charac-
teristic Of the backing system, as is man.
fest from every page Of its history. And
vet efforts most extraordinary are now
being made, by great political party in
| this boosted land Of equality, to unite the
future destiny Of our free institutions with
this monslrous system, fraueht with so
much danger to their peTmanency aud
stability.
These loans were generally ir large a.
mounts. In The List OF Debtors on billie
Receivablen of the frs, of January 1887,
.twenty-one Individuals, firms and compa-
MES, stand charged, each with an a lounl
of hundred thousand dollars and upwards.
.Oae firm Of this city received accomno-
.dations Of this kind between Aug. 1888,
and November 1887, to the eXlen, OF G4,.
I2l3,S7S 30, more than haIfof which was
obtained in 1886. the officers Of the
Bank themselves received in this way,
loans 10 a large amount. In March, 1886
when the Bank went into operation under
ts new charter, Mr.. Samuel Jaudon, then
elected its principal Cashier, was in debt
to 1t, lOO,50 dollars. When he resigned
he situation Of Cashier, and was appoints
ed Foreign Agent, he was in debt 40S,3S9
dollars, % cents, and on the first If March
ISL, he sull stood charged with an in
debteduess Of 1850 dollars. MIR. John
Andrews, first Assistant Cashier, was 10.
debted to the Bank in March 1885, l04,,
1000 dollars. By subsequent Loans and
advances made during the next three years
he received in all, the sum Of 426 $50 DOL.
lars, 81 cents, Mr Joseph Coperihwate
then second Assistant Cashier, wasin debt
to the Bank in March, 1885, $4,000
dollars; when he was appointed Cashier,
in September, 1888, 326,3S3 dollars, 80
cents; when he resigned aud was elected
a Director, by the Board, in June, 1910,
u $50 dollars, and he stands charged,
March 3, 1871, GA the books with the sum
Of 55,0sl dollars, 81 cents. 1t appears
on the books of the Bank, that these three
gentlemen, were engaged ia making in,
vestments on their Joint account, 10 the
Stock and loan Of the Camden and Wood.
bury Rail Road Company, Philadelphia,
Wilmington aud BALTIMORE Rail Road
Co., Dauphin and Ly2oming Coal Lands,
and Grand Gulf Rail Road and Banking
Co.
ne NdIloub SGttltlHShNS tlieCtSu Win
The officers and other debtors for these ir.
regula loans, must not be suffered to pass
without notice. These settlements were
without the knowledge or appreciation Of
the board, at least so far as appears from
their minutes. The large loan to firm
ia this city, before adyerted to, was settled
by the receipt in payment of various
stocks and real estate, except PAT 1854 dol
lars, 30 cents, 10 cash. Another large
amount Of loans 10 a single individual of
l0l4,917 dollars, so cents, was settled in
like manrer. There was taken in settle
ment of debt, from Messrs. Beven Il
Humphreys, (Mr. Joseph Cabot, one of
that firm being at the time Director Of
the Bank) one thousand one huht ed and
fifty shares of United States Bank Stock,
in 1898, WON the ID of August, two
hundred and fifty shares, at 1913 dollars,
the Bank selling on the same day at 100
dollars, less brokerage; on the 22d Of Au-
gust, five hundred shares, and on the 23d
of August, four hundred shares at l25 dol.
lars the market price on those two days
being 1913 dollars % cents, the Bank sell
ling The day after at 1873, less brokerage.