Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1842-02-08


l. :. BANK MErrNe-Dr, rLormENrs At HAND.
The annual meeting OF the stockholders Of the
Untec States Bank. TOR the choice Of directors,
&c. &c, was held at Philadelphia Monday,
Jan. 20. \ correspondent Of the New York Jour
nal OF Commerce, writes from that place fol-
lows:
The meeting vas one Of the most stormy
that has ever been held 900 the institution. 4 most
vouminous report made by the officers Of the
bank. aiiordng minute history Of the condition Of
tse institution. II names every individual debtor.
the amount and character st the debt IL occupies
or three quires Of paper. and what j. more
aud better. 10 was ordered 10 De pnblisl ed 10
shall al least the bottom Of this sink OF nquiiy
and corruption.
'' violent debate on 4 series Of resolutions Of
iered by Mr.. os,ah Randall. occupied consdera-
BILE portion ct the time of the meeting. These re-
solutions sllcsc that the TWO assignments were a.
legal aud shon.d BE- rescuded. qn1shed. abolished.
or some sucb term. Mr. RaMie took dec ded
stand against them, bat Mr.. Randall proved tho
more scces>u debater. had the better cause, for
the meeting adj opted his resolut o.. 80 the assign
ments, except the one fret made &c secure the post
notes. rcscinded, preceded the action Of to-day
confirmed by meeting ordered 20 be held for the
purpose on tie Sd Mobday ia February next Il Il
sholld, the Bank wl aEain be in sfaia quo ante
befium.
Mr.. B.ddle neither showed himself dead nor
dashed for his ticket ia the field. and at the
present writing IL ls unknown winch has succeeded
IA election.
IL was stated during the meeting. that the pre-
sent expenses of the institution, gnces, officers.
aud all, Mas about SJo.tOo!
The Indianapolis journal on the 3Oih ult. in anii-
cipa'ion we presume 81 happy New Year. and for
yetful at else bat peace and p enty. and with
imagination iorgetiul at the past breaks forth IN the
following gratifying STRAIN, particularly 50, 10 our
bond hp derS
We are grltded 90 remark from the universal
tenor OF our exchange papers that the public conh
dence the integrity and solvency OF Indiana, re-
mains un,hakcn. Upon tins subject the east west.
north and south speak bat one language. IL ~ as
1t should be. gratifying IN the extreme 70 Us to wit
ness such testimonials
Who after reading the above paragraph could be-
lieve that our State bonds bad been sold in New
York for hccaty cents the dollar, and that they
were daily declining
The Jou-nll when pcnning The foregoing must
have been ibor.ug under unpa rdonable degree %
thoughtieS~ness. suffering eNcrncaiHg pam from
the wounds Iul.cicd by IA il;a gals at Chapmans
Rooster. We hope. however, 10y tins time that the
journal has far recovered 20 inform ~ readers
oisency Of Indianl. Whether they have all conf
dcncc ~ her ability aad sovcncy. not only To pay
the sent -annlal interest the bonds. but. uit
IA ttely. the principal. II their confidence remains
mistaken. hoW comes u. they are very DESTROYS Ia
sell them loss taaa ltceafy cents the dollar
And when was IL that the universal tenor Of your
exchange papers from the fgs', west, north aud
south, spoke tones Of confidence in TIE integrity
aud sovency of Indiana. and that she fully able
and des rous To meet all her labiliiesl We tro,h
th-t thc Journal men under the fatal delusion
of days that past. whom the system was falsely
called glorious, when they penned the above
F ous paragra ph.-.Nttc .IibanV Democrat.