New-York daily tribune., 1843-07-29

CITY NTELLIGEN Z.
v,ce Ca.scELLoR's Couar.-Beforc Vice

tRlDAfi 'H't ~
v,cr Cu,ycELLoR's Couer.-Before Vice
Chancellor M'Coun.-
ocris I<srir, recsigsr, SC rs Richard VI Blsfeh
ford ,yohn Graham and Leris Curtis, trustees. &c
rs, v Chancellor has been engaged daring the week, IN
hearing arruu.en, on petition from complainant requiring
,lcJ,r,s h. compe!led to surrender to Mr. John j.
p - pss;aent of the Nc.chan.s Bank, (who has been
o,ed nv the Court special receiver IN certain cases
b bopds and mortgages and other securities Vaced III 'T
hands as trustees by the North American 's 'ot1H
T. d from the argument that the compan! was moor
,a IN 1885 under the general banking law, WIN e@P'
.l OF 0Oo eco. Daring the latter part ei % anu " ''
officers bought upon credit, for which they gave
# 6s<;,, on time stocks he amount OF soooo'Vo'' 0,
81 .oo ono ,r, OF indiana eco 0G0 Arkansas, ahd
>soD Ooo ONO Thsy subsequently, agreed with MrSsFs,
Palmer N,ckilop Deut Co.. Of London 10 cash oi'is o.
Exchange and certificates OF deposit drawn upon e ana
sen, forward nearly all stock they had bought on cred'
To NEE, such In the beginning Of 1870 essrs I. NJ u
Co claimed balance about S6i eco to ee due 20 ue'h
bv the bank The Company ,en ssued bonds TO Tue ao"
Of million aa ha OF dollars payable III let' and io'''
secured by bonds aud mortgages which had been paid IN Tor
stock to the amount of S20ooO0o These bonds ana mort
rrs were placed in the hands OF defendants as trustees "
security for the payment OF the bonds lSSied bF 'le eo
pany The whole Of which bonds We're forwarded 20 W. "
Co The price of the stocks crsa. FELL and immense
lass occurred ON the other opcrstious-the bank, between
January and October alone having lost Sibo'iS oic ne
first million bonds sold Europe 30 per cent and
charge Of usu,y uPap portion OF the half million was
handed by the London House Mr. Judon To secure loan
m $50 made TO the bank here BY the United States and
Grard Banks large number Of the bonds ATE now held
bv Messrs. Palmer Niackop Dent y Co, which they de-
clare 10 have been pledged them. The bonds and moga
res in the hands the trustees, Of course are considered Ia"
able The present brought by the receiver on be-
hal. the other creditors being contended that the oce'
were unauthorized by law deal IN stocks or 10 enter INTO
IN, prpcp, arrangements compaucd Of aud that usury had
been exercised whereby the trust is void The positions are
denied The argument will be resumed this forenoon
Police OFrIcE.-STEALINc \ BoAT AND SAILS
,xp SEEN Pres or LEAp.Oifcer Bliss arrested three men
named George Matthews Charles Linton and Charles Mar
stoa o4r,rd with stealing Boat aud Sails IN which was
uir, of Lead He found them Pier Mo-. ~ X, with the
property in their sson-tully comnlited'
Honsls, VrssEi.--t Malay named john Anderson
steward the Ship chmoud which al present hes at Rt~r
No North River, also arrested by Bliss tor stealing
from that vessel linen shirts drawers &c worth So
the property Mr.. John Murphy the Consul at Cork The
CAPTAIN ar the complaint and Anderson acknowledged the
thsit.-Fully committed.
STEALING DAcuERREoryPE PoRrRNrs.-Prlnce John
Davis arrested man named Joseph Collins for stealing I'VE
OF the above articles worth $40 from the premises OF Mr..
John rhuue No. 25li Broadway. He was caught IN the
act-Fuy committed.