Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1843-04-05
DOCUMENTS.
THE GREAT sD BsfDGE CASE.

THE GREAT BRIDGE CASE.
Extracts ffro4a the Report Of the Baak Of tie
l.si; So Stale Of Georgia.
II Is an astounding fact. that the Branch ut
Macon had, at the tiuie when tho deialcation
WAS discovered, an actual circulation. Of 49,
Ola. thoarh the returns nude 90 cath by fis
President and Cashier. dated Sd April. 1871,
represcnied the amount TO be. only SSo,e09;
SINCE which Si05, GOO has been redeemed, aad
$4,000 is now the amount remaining out.
These bills have been redeemed in coin or
with Exchange on the North. It's equivalent;
in accomplishing which tic Principal Bank
has been essentially aided by The Branch at
Augusta.
IL view Of these circumstances and after
estimating the losses from bad debts and de-
tcrriorafipn in the'valne Of property owned by
the Bank, tho Directors, nj sho recent scn,-
annuai settlement on the gid inst, Resolrea,
Tia. il was unadrissble and inexpecient to
declare q dividend.
In making this communication 10 The Stock
holders, I think IL proper tina; l should state to
them, that the Bank is now engaged III q 70
newed legal controversy with MT, Henry
Ssait., OF South Carolina, arising OUT Of his
alleged Claims With regard 10 the Bridge acrcss
the Savannah River a. Augusta. 1 have no
doubt, from my knowledge ofthe case, tina, the
result will bs favorable 70 the Bank; but from
she magnitude Of the sum. claimed, and the
persevering aud uniiring character Of the in
dividua!, against whom Il has 10 contend. iibe-
boovcs the Bank to bes,ow great attention and
vigilance in asserting and sustaining its Just
and legal rights. In ecHscqaeRec OF a deb, con-
trac,cd with the Branch Of the Bank a, An-
gusia. many years ago. TO secure the payment
Of which the Bridge opposite that City. across
the Savannah River, was Tnorsla9ed, the Bank
was involved in a long, tedious. and sspcn-
sive litigation with the same individual, who
strove 10 relieve the Bridge from the mortgage.
and its liability foe the debt.
The slit, however. was finally decided in
favor Of the Bank, which remained IN undis-
turhed possession Of the Bridge for a series OF
wears. The case was then thought tn be con-
cinsively settled, and should still be 80 con.
side.ed. but since the sale OF the Bridge by the
Brunch at Augusta, 20 Mr. g.. u. Lamar, and
by him to the city Of Augusta, MIR. Shul,z has
revived his claim, and after the lapse Of many
wears, instituted a suit in chaucery in the State
OF South Carolina. against the Bank, the City
OF Augusta, and Dir. Lamur. Tile Bank is,
therefore. constrained 20 be prepared for the
contest, and has employed two able and dis
,;n-uished members Of the Bar to defend and
prc,ecti,s interests. One or these gentlemen
conducted the first suit throughout TO its finui
termination, Is 18th fidelity aud ability unsurT
passed.
Relying npon the justice Of its cause. upon
the pass decision in lis favor, and upon n set.
Element with the same individual OF his claims
for valuable consideration. the Bank confident.
" expects TO DO. in Tie end, triumphantly re.
lievea from a suit so vexaiions. troublesome,
and expensive. SILL, I again observe, that
the case demands from the Bank its decided
and devoted care. -
Signed. w. D. BULLOCK, Prcs't.
true copy from the original.
g I. x. TEFFT, Acting Cash..
To Hilliam b. Bullock, President Of he Bank
Of, tko State of Georgia., Sardnrah.
Sis:--fn Consequence OF i'll health, your
Bank report made 10 the Governor Of Georgia,
dated, Savannah, Ga. Oct. liih. IS42, also q
report 10 the Stockholders. dated. Savannah,
Ga. 26th April. 1872, signed BY yourself as
President. ard I. X. Tcft, Acting Cashier,
and pnblisaed in ihc Georgia Constituencies.
Dec. 9Th. have inst cane 10 my notice. Its
Importance, and my deep connection there.
with, demands my reply |; and could l handle
q goose quill as well as I can the tiller Of an
Angasta boat, or a jack-Plane, how ! would
jock them.
You 6rst say-aln making this comrsan,.
cation 50 the Stockholders. I think il proper
that should state 10 them, thar the Bank is
now engaged IN q renewed legal controversy
with Mr. Henry Shnlis OF South Carolina,
arising out ofbis alleged claim. with rrgnrd TO
the Bridge across the Savannah River "a, Au.
gusin,r &c. Yoa.say alleged elaim.'' Pray,
sir. who built iha, Budget
You say. "You have no donbt from the
knowledge of the case, that the result will be
iavnrabie 10 the Bank" Ifyou do understand
the case, I must confess. that ! did look fol
more sincerity from you! You further say,
"bul from the magnitude az the arnoatit claim
ed. and the perseyrring and uniiriiig chnrun'
Ter Of the ipaividsal, againss whom it has 10
contend, Il, behopscs the Bank In besiow grea,
a~tteaiiois and vigilance in asserting and main.
thinning i,s JUS. and legal rights" The Rank
has 70, only TO contend ugnins. the perscrer