New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-12-28

+. tts E4ifgf. - TIE lfeH'<
G,srtrAsx.-Ycu publisbe5 10 your paPer q fsT dsy'
since stst.nsni from ths Newark Daily Advertiser In
rs.s 70 Tie rsfl.s Of New jersey rsquiuon By Gov
-faor Young Tn- fec Of sch rsqai'aoo beng msde'
tfrors reprosch upon the psrtc, implicated, unless
attainment OF the fscis o The ca3e be ac a'ws0 90 ap
pe,r The stasm8nt issrlej Co. smsna -, doubtless j.
from ~ Receivers ofths P.inied 5ank lesdins a. New
sk who have been enabled by lhss srcra ara innuenee
20 obtain Al ind .tmsnt sntfsy untn9so sHd unhsd o.
uai tic rsgusi,on was Issued ~ tho avs etta sas'
such indictment could Or y be found upon he evidences or
,be-.ls.st Of property o. tbs Rs-k hy he oce's and
rs mis- appropriation wfh irfs-i to dsf's.t How Tar
su-h soni and latent s shows, may % dstein-
Cd bys review OIL she cllculrstaucsf.
Ia February ias that Legislature Pr--rtsteJ end an-
rstc.biy rspessi h- Charter ~ hs Psin6eld Bsas an
ustu,icn considered by DO, ofesrs, sad 81 tho's e..
cusinied with aGs, 5sing ~ hat tne sound ara
solvent Its notes soi abus, were ProUsty redeemed
IN specie. % the moment OF Ia repeal boh in Sew York
and o. he Back and ho belief Of s % ssr' such re-
dsm2lon would have continued 60 his asy but oris 'id
den destruction. Entirely unexpected By ne ofcei' win
out the east notice preparation O. oss 30 ai,if ne
Le.satars auuihilaiea no Bank; intctns ssVee ess
upon its stocttolleis is p holders, .nl 'hc
In which placed The perfect soVsucy OF the btns
At that ine. oh wn by the eilr1 - ne IT. u pa,
daen,sl Tents d Panisid % have y. shalf' acea
In h- hands s officers f1r s-tfement This they offered
% do without loss 20 bthoi-s, and The subscribers
offered give security thar ouch should Do tue result
Its SONS O. me previous ihst The cashier member Ct
this FRA, Il charged with emtffk cneut 10 suppose -
t-lfh iaows rs entr0 sh.rriisy lf would ooueulirey
prove ths th firm almost SO entira Owoers snd stock
hofer8 While the Bans still ccrporae ln'i. uil'n
snd expecting Iesin su b, 1nd ther property therein
Protected hy ne crrortl laws sh3oueiy gliity OF
ssppo.ed no b, removed 10 Rew York snd there sppr0-
praiei 10 redemption Of he norea, viii niHt 70 &c
fraud the Bank To cars lne idet qH iafhef suppose
the crime % have been -clay committed 70
no loss fraud injury thar time or sfcrwsid The
Bank 10 the moment ell reprll redeemed sl its A1bi
ties 40 complain oross tom 30 crealtors none om 70
Lessiatar8 brought 4uin u1cl iu Affairs snd sn over
~helning los upon t'e community. The injury ani
~ the scr Of rrers t1. ty lctoftte Legsatrfe 5b
| isg-sr. o. che con 1. 'l.' n q tao crime.
Don the icre-I is charter, tie firm placed In the
hands % tho Receivers large nmount Of property %
secufe y ihsr Indebtedness no Bank sud received
isS. ~ R-.i.e,, Ss ss.i rsBre.ss ~ o. ,e
Bans proiv.ei fac'e sstsed and IN peoi Of such
70 " J. he4ei SOM yer P.,ses,lon o. sVne'n. 20
perry redeem % per tho o.s-anoing liabilities n tue
| Bank Jhs sat1.rcucn continued nufr nino mouths
sfeIwafd, iu October or Move Der ioIoNins, Wien
suit instituted il consequence Of the uIsi0n o tHrif
agreement dominated tncir s1isisctoh, and TED % tl
discovery or DE st- crime shove rsorrcd iu. which
had been 90 long tu- compounded cr overlooked The
Receive then stated iasif Intention, As proved by an
dayita egiant, 90 commence f9cn GU lca proceed
logs a7airst ihe OF ~ h8 Bsnk - you'd led % an
abfnd lnmsnt Of fle su. although theg a1Enow edged
that - oncsrs lrt blame. and had actcd With
any wroug intenlo1s The nd ctm-nt referred 20, ia.
bren Ohaue iu 2cCordauc8 Win tns ntsDori ana the
who tsn.ectionl carried forward 10 tho profound
defence Benjamin Williamson, the Public Prosecutor
lho1sh not scrg 90 oar Counsel 10 It.tsd) declined
rs prosecution This appointment was sought for, and
obtainsd ~ one nearly in,ere3ed Z. Bradley
son-in-sw Of ons Of the Receivers, was the weiPid
volunteer for This service.
The ha,ty action rho Leyslsnfo and the sudden vo-
lent prejudice and hostility u zee Receiver could
" have bssu lusfi.o By the evident disposition
tie par OF lie officers Of the Bank dsff-ud in'are
the public So ~ from this having been th- The
circumstances snow ihsl efoIts snd Intention. 10 have
directly contrary ard oppcssd 10 the scrhcr VI IT,
property aud the tedious dsay Of - Escrvers Even 20
the morning n The Iepea the notes Of the Bank
faithfully redeemed by this nnm Ia Ns~-fors. Over
wholmei ks others, with Is sudden destfncf they
then offered, did its officers 10 gse security srd close
is ais without lcs7 hts VA Ieius a. A offer
made BY ths fn the I'd October LASS whcl The rcroi
limited by The Chancellor Tor the prosecution OF claims
asAnst tho Bank had EXPIRED fer TIE immediate rscrnp
ton Of al .t Ashfifs 90 par, 900 To- services Of
he R-cegsrJ This Wa also refused I has since been
lumsfct elt TIE Receivers desire - 100 Tor their
vices How tie fact of slcn repeated id-sgors pro-
tie community oul oss and 10 The shts o.
the bhodsrs VI the Bauf be sffzsd "a
% defad remains r proof by these Receivers keen
Ia the discern ~ their own iltsr-ss - b1d ecu.
cernirg thee OF is creditors.
In conclusion, these hasty and il.dysd sfora e. the
RrcsveTs % involve and ent.nge Tho Affairs Of the Bauk
IN frucss leesstou, tedious aud unnecessary
lhl City beside Two o the Receivers BEING lawyer. thew
81 10 derive heavy ices from is c0ntuaancs their
repeated travelling errelrs End various -00urns n this
std adjoining Cities 81 n which cisbursem-nfs h.
made from The property " the Bank all these do not
tho wishes and pectatols Of The community who desire
speedy and economical M usimrnt of u. Affairs The
substance of the Bank win b. sufficiently wasted under
these burdens and inter- deduction o tr ices aud commits
.0us of The Receivers without irrbcr uunacrssar aud Ia
jud.cioas pese-utionl az law. y. I. BEACH 4 SONS.