New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-08-14

Cir'g notes .24s,7o % Deficiency. see. s-JI'sD ~
Thus will be perceived that of the entire avails OF
the Bank embracing a large amount, invested in rcs
estate, estimated above its value and much greater
sum in the course of litigation and in the hands of at
torneys for collection there remains the of one
hundred and sereH Osond and thirty dollars and serenity
cnfs to be accounted for To this must be added the
S9 300 charged to the Pratt Bank which that insttu
ton does not owe and which is included in the above
amount as due from Banks this makes an actual de-
fcency of assets of sl9s $40 twohirds of the capt
tai Beside this the directors had borrowed accord
ine TO the report money without shadow of security,
the enormous sum of one hundred and RRetyeish thou
sand three hHadred and forty dollars, independent OF
their liabilities as endorsed for hundred and sereHy-
flnr thousand nine hundred and 6ffy dollars.
II will appear, says the Report, that system OF
pecuation had been prscticed by the teller, as con
santy absorbing large portion of the funds belonging
to the bank the use of which enabled him to discount
checks and notes particular tsyortes beside having
an individual Indebtedness of than htrfythrtt
thousand dollars When the special agents desired him
TO explain why he appropriated the funds of the bank
and substituted his own check dated about year in
advance he replied that he frequently array from
home and ia rareliag he did not kaop hone or pheR
dsah migh oyrtdke him and that he took this Precdtioa
that his might haze ample time to see his AFFAIRS
On examination II Is found that large portion OF pa
per discounted is made payable with interest ana
checks were discovered among the cash items TO pay
interest &c. and that too by persons who have been
owing the bank thousands Of dollars for years both for
principal and interest and the time receiving
their semi annual dividends at least thousand dollars
year The individual acting as book keeper for the
last years has, from cause grossly neglected
his business, and consequently the books Of the bank
have been left in mystihed and confused condition
A great portion Of the accounts have been incorrectly
II. trio 10 % m he
debt side of the ledger entries made on the cash book
from 500 to $500 short of the amount received and
bunders and of like kind on almost every page
OF the books.
The following is portion OF the facts elected during
a rich examination of Mr. Crew. the Teller:
oave you money individuals who had notes
hey wanted discounted Tor sens them discounted while 20" ~s
A-ies Ihar, hare sopsfass dhoafed Hefss my',G az
mt orsT q. i-.r.'i q ny 's srsy 70 u, o', ., my 'e'0
Have ys aken MoH' from fas dyaeer e tA' baHe and
discounted paper ard loaned 70 tnairidHahf .
A. ioanof isdirdNah ssrsf~e on eleeS' o'
4oasy tras re MONEY Of ne Canal BaHk
QI three checks here Of Jas Van Arna for 500 payable
he John the 81, Of October ls's ehs
$50 wsat Co. sasS joy l. isss you them
Al DID, They George JOne- ehect, they are
Qwhat amount chefs you Your drawer OF The bans
similar those i taaen or money loaned ont %
/ individuals who dePosI them
owhsi anoua, Of sd checks taken By you that way A.
ch without the kno~ge Of the Board Of Directors, except The
they Al taken the Board Of D.
i rerfors % q
ODD Board Of Drsor- While you the Bani make
"a pcie 70 eIs9e The Affair." Of The BanA previous to declaring
| tle.f sefllannual dvfteudf
They ia Dot They dd make lew eIaansons
the Rans. whHh thirteen doat think they
| have n.sir within two OF three years past
In reference to the circulation, Crew testihes;
Maid Mr. Plumb OF the New iors Bank he morning Of
. allure IN Csnal Bank bs about o so ug-ther. by lie Cash
,t-rn o the 10Th OF Ju the siT2s
N .tout oocs and tck taak ps the M~hani,s
Farmers 81 O the Whole tseu circulation va Ap
slT4fso OF <lsJoo -, - ~,
i4 ,.er-l snd unregistered >fe'l. a.
u,nsS over 10 White and McMsleu basS N
rsi .... .... sis3I3 IA
Monday sfefuooa .---' - 49,
Plumb.
Meshsnics' BAnk -''''-'- -
..s..s..
NJ, accounted tor syst 49,, a.. - tt.s.,.r
a. 80, he l,th bsh Of june vi h was rt eha~d 70 thsn
IN, he l0sh Of july directed - T. dob tbe ea.h-r
p yoa Yesterday 20 number Of the customers OF ie
al ..y 10 them that you woud purchase sH eeHana sssn VIC
Csna Ban. a. YOU al Offset 70 aensno We
sgsa yos yoa succeeded thea you would pay '' y"
ii % them and purchase their claims .as, 'hs
Bsak ne psposs Of osss ssass ~ cs's aus