Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1843-09-19

for the purpose of furnishing them with the
means OF preventing the exposure of the said
operation by which they had 50 obtained the
said sum Of four hundred thousand dollars.
And your orators fui thcr state. that the
said Nicholas Biddlc and John Andrews hav-
ing 30 caused the said post notes 10 he burned.
they ordered and directed said Teller. in hi
statement of his cash account. to credit him
self with four hundred thousand dollars Of
bank notes n having been burned, and to re-
duce his line of .sundIics'' by an equal
amount. so that the line OF sundrie, which
had s.ood on the Doth February. 1896. at one
million four hundred and fihy-six thousand
five hundred and eleven dollars and forty-nine
cents. was. on the II day of March. lS3G. one
million forty-ninc thousand nine hundred and
five dollars and fortv-tvo cents; that being
the result Of the said subtraction. with Il small
variance caused BY the fluctuating character
OF the account.
And your orators further state. that the
said BiJdlc and Andrews well knew that by
so doing according tho course of book keep
ing in the said Bank the Parent Bank noe
account would be dcbitcd Immediately. IA II
in fact was.) with four hundred thousand do
lars Parent Bank notes n having been burnt.
And vonr orators further state. that the
books Of thc Bank contain an account of Pa
rent post notes. where any issue of post notes
which had been actually redeemed and burnt
or DESTROYED. should be dcbted; bat ~ the
said account i small compared with the Pa
rent bank note account. it did not furnish
equal facilities for these transactions as did
the said Parent bank note account. although
the large denominations in which post notes
usually were made afforded greater facilities
OF procuring the pr, per subject for the said
bnrnng before the committee. than ordinary
bank notes. which being of much smaller de-
nominations. would have required greater =
Dor and much time To be created TO the cXtcni
Of four hundred thousand dollar.
And YOUR orators further declare. that II
was commonly thought and anti, ipat "a ut this
time. that a very large amount of the notes o.
the old Bank would remain in circulation. or
were DESTROYED and would never be returned
10 the Bank, in consequence Of which the said
account furnished the best means of conceal
mcnt. n it was thought that the mc would
never be balanced.
And your orator, further declare. that b.
mcan- o. the premises the said Nicholas Biddlc
and John Andrews did most cllcctualN CON
ceal their said obtaining and appropriating = {
thc said four hundred thousand dollars. and
The same remained 30 entirely concealed from
the other officers of the said corporit n. and
from all others. but the said Nicholas Bdilr
and .Iohn Andrews, until the month OF juno.
1899, VIII, thc same WIS brought TO light ia
the manner following. TO wit:-Thc said Pa
rent Bank note account i made creditor for
all notes which were issued by tlc Bank. and
Is dcbitcd with all notes returned TO the Bank
and cancelled or DESTROYED and after the cx-
piraton of the said charter of the old Bank.
the notes were returned so fast that. IN the
month of June. 1890. there were Is diam
four hundred thousand dollars thereof ou'-
Standing 50 that the false entry above stated.
made the debit side of the said account cX-
coed the credit SIDE. or. in other words. made
IT, appear that more notes had been a. s'roycd
than had ever been issued. which. ~ 70 Wa>
impossible In thc nature of things. Id 10 in
quiricS. which resulted IN the detection OF the
transaction above described and set forth.
And Your orators further charge. Tat Hpo1
the discovery OF the above stated errors and
mi,-cntricS. the subject was referred TO ON
mttcc Of the Directors of the Bank. charter
ed BIZ the aforesaid act of assembly,. which
Committee directed the Parent post note nc
count TO be credited with four hundred thcu-
sand dollar. and thc account entitled losses.
chargcahlr 10 the contingent fund. 90 be d =
hitcd with the same. thereby transferring tlii-
los, 20 that account.
And Your orators further declare Nat de-.
though in 50 i;,r right. that il relieved hc Pa
rent Banl, note account from laid fake entry.
v,t a, thi, account OF loses, chargcable To- Dr.
contingent fund. was. IN fact, the profit au
In .r, cunt of ill y mil a.. ,l,,-.rt,.r 49,