New-York daily tribune., 1849-04-26

srgreg.te st.nirr In the name Of Lyman R Lyon all
dated september p $40 with power Of attached %
each Of said scrPs Authorizing the transfer OF me ''
stock and
: under By az OF sad bank TIE fiock n the Le"s
County Bsnk % held snd owned by said Cana nAhk'
ouli not be transferred the book ~ toe Lewis
County Rank without ihs consent % tae hoare oi ~
reciors of the said Lewis County Bank unrl the ssd
indebtedness q the Cana Bank should have been isy
paid aEi
UAe-sa. The sad Csna Bank s,so he'd ST the lime
Of ia failure three notes given by Z l. Lyon dstsd
Apr g. -. Tor s. ~. y eseh, psyabe sx m0uihs
A.eT date with interest coilsisrsy secured ~ w.
certificates q stock In the saii Lesis county hAhS
IN tee name u TIE sad Lyman K Lyon. ior so
shares Of 80 each with power 20 transfer TIE same
s1t the o.her In The Of Theodore Oicotl VINO
VS. the Cashier Of the sai Canal Bsnk ior ten 'nAfs'
being IN 80 go shares Of said stock esch snare oeins
= ~ par,
/ BtTeas Bys complaint f.ed By the Attorney Gen
ers Of the state of S-w York against the Canal sank
frnss- ia corporate ssr,e of ,ss President Directors
al Company of TIE Csns Bank ci Albany Andrew
Waie u the Cry Of Albany was appointed - tne "a
prne Court " tnls stat he receiver 81 me ettste
and e--cts % tie sad Cana Bank by Al ORDER OF sa1
Court msie the 7ih day q July last and entered
'he cfhee of the Clerk OF Ire County % Albany snt
Farfas, 4 dispute hss arisen between tne SAD r.
cfiTer and ihe sid Lewis County Hank the fsii re-
crivsr denying the validity of The claim set ~ ~ Toe
lewis County Bank whereby they seek = present TIE
transfer OF the said - shares 90 STICK unti toe teo'
oi he sad Cana Bank g. the said Levi, County BAuk
shall have been paid and
W'-rras aIso T1e ssid yrnsn r Lyon tcuis' his IN
t.'ius ia-'y "a to- sd three notes given ~ bin,
aim ~ thai iaey given the request % Isso
i1re OI-oit taen ihe Cashier ~ the sad Canal BARK,
srd flr the teEtaf of the sad bark
Nrw tnfrt'0re, 10 order % settle the matters 10 on
ference between the sad receiver and the sail Pres
/ irnt Directors suf Company of ttc Lewis County
Bank and % avoid tr~ delay saf vexstou of
slugat1n regard tScret1. u i he-eby agreed be-
ts5-u IL J t1st tho ssii Lewis County sank vii tsSs
and scceft To- il -8-fsction and eAurs usnnf ~ %
ihs dtt due r0m the sad Canal Bank 20 tee said Lew
"a Cr-riy HsrE transfer 0 the sad three notes -
given by TIE sad l. z. Lyon for >oOl2 - each, and
interest With tho sad scrp'for $50 shares % ihs caP
/ Il sick Of tie said LssiI County Bank Leld IS b
,iers security ior TIE payment " s.i notes, ard vii
psg % the sad receiver. in addition TIE sun 20 stu
And the sal Andrew White. Receiver 80 aforesaid
/ in consideration az the premises and of the sum n
70 OOI paid - MIN By the sai1 Lewis County BsGk.
said sum 1einy inc u1et "a and forming part 81 tao
notes .vca ;hs tsy ~ SAID L. r. Lyon O. sad Antrew
Whtr h.csvar. the rna ilcl41ils OuC-fauril o. said
sei being ysysoe the l0h Jan next snd tls other n
caarE he remaining three ourtas thereof being pays
bic ihr st Day OF Jlue next dos hereby assign and
transfer . the .sit Lewis County faIk sal three
notes % given y said l. T. Lyon a. a9ressif and held
by l- Receiver snd the ssii scrys for 4 shares q
the csta stock OF ie sad Lewis 'clsty bank ret As
col ,ier security io- the payment c Sal ihree notes,
gad o. ts o. held by thc sad H. w.s County Bank.
And the said President. Directors and Company of
toe lewis County Bank cl hereby, Ia consideration a.
the premises release and discharge tae Sad ana Bank
and the said Receiver ard al toe funds property and
n tis hands vested IT, him such Receiver
q which he may he entitled of and from the debt
claimed be due from the ssd Ca1a Bank 10 tha SAID
Lewis C0yniy Bank As Aforesaid aud Of and from all
5eb,s claims and demands. and causes 0t action what
sosvgr.
10 witness whereof the said the Presiiori Directors
and Company Of the evils County Bank have executed
these presents by Lyman Lyon, toe President OF the
said 7nk snd thtir s;t1rncy specially authorized Tor
that purpose In virtue Of power ct attorney executed
under the common seal o the said Bank and hereunt)
annexed; and the said Lyman K. Lyon has hereuntO
l = -.
and affixed HE seal thi. eighth dsy Of November 10 the
year l-i- sld the ssid Andrew Whe. such Rsceiy.
ia. also hereto set his hand aid sea- the day and
year .ssi mentioned
,Si-red) ANDREW WHITE Receiver
l- gned The President Directors sud Company
Of toe Lewis County Bank, by l.. K. LYON, their
Pres.tent and attorney
10 presence Of JSo. Y l. pRUYN
FrfmS Clbrt-Ambrose J.. Jordan, Auorney-Gen
ersl Of the state OF New York, against the President
Directors and Company oi the Cana Bank Of Albany
r. me Supreme Court Of fle S.Gfs " N0c FORK
lne petition Of Andrew White Of the city OF Albany
receiver OF the and effects Of the sO0ve named
Canal Bank an insolvent corporation respectfully
showeih
Tina, your petitioner wss appointed receiver by an
order Of this Court made n this the L. IN day
Of July last and hd the requisite security aud enter
IL upon the disctsrg II his duties the same day
Ina among the debts the ssd Bank nj the time
a. i insolvency was one from the Albany class, En-
sm-l and Porcelain Company IA corporation under the
general Jaw. organized IN the year l-in wiki capital
which amounted with Interest on the fret day Of oc
tO9er instant % the Of sllolT 30 or hrreao nt
including drait on the current rk account II
said Company With said C4nsl Bank amounting. with
iotefest io ne day siofesAli TO ia -- G. th-fet
bout That on most II m. OH the nOtss constituting ue
greater part of the said indebtedness there indvi
ual eniorsers John Reyes Paige snd Theodore cotf
1r ono of them being the principal eud1rsers.
That tn said DI.ss Company have been unsucccssful
10 their business aud sre entirely unable 10 pay the
said indebtedness That their other de1ts amount %
- |.NN aH H..N L..
beiiev', one Of about oo being secured - msnuisc
tured goods OF greater vsiue another n shout 20
Cor soda furnished most ot which IL I'll on hand, aud
which u 10 proposed 70 return 10 the seller IN settle
oi hi. dem snd smother Of about 600 for
pensatiDu due John T. Pepper. o. the ockh0lders
and SCENTS beside various small delis and arrears oi
wser. due - woikmen That II has been proposed by
said company % transfer 90 your petitioner n the
materials and stock hand belonging 20 H. all the
manu- iacturrd goods, machinery and fixtures In aud
about s ThOps 81d worss aud al it- estate and e-cs
reel and personal and al debts snd demands due 20 u
% BEE spgsd toward Satisfaction and payment oi the
s.i inde oiedness, provided your petitioner vii dis
charge the ssld company from the said ndehtsdness
Ncept part thereof secured by Individual en30rse
menfs A. Aforesaid and 81 the same time yOur petition
er' 10 be- furnished with s'stsaciory indemnify against
any claim Of any other creditors oi the said company
on the property g. oe assigned % Lm your petitioner
assumag the payment = the wages in the Ia
bs-ers of - hch cofnuets schedule s O. m furnished
O. iIn before ,he cement is cnrsumfn mated Ihs
the trustees OF said company, ~ yolr petitioner q in
TONS authorizing said arrangement the part q the
sad company. That Samuel stevens Amos Dean, Ben
amin Nat John +. Pepper and George Cook, stock
holders in said company have also sgrcej Ia ease tue
ssd arrangement bee carried out O. pay secure
o. your petitioner ths 81 90 oO ~ svtu eis nt
0f tlrlr individual liability such stocrhI ders inc a
iiuz note drawn by said Pepper dated April 3, l-i-
i1r - COS - endorsed by said Theodore Oicoti sud
claimed have been given for the hene1t OF ald
psny That after iul. examination OF the matter,
your peroa.r /. y opinion tAst j, viii on the whole
le conducive 20 the interests which he represents
% accept the s.id proposition and agree to c0mpro
mise sud settlement O the sad nde ebtsdness with the
pious Aforesaid the terms Al Jrea.d and u tbs
Court shall De- Of the opinion he l6en asks tia, be-
be authorized q do 80. And your pett0uer will ever
pray. ANDREW WHITE, Receiver
PEUyN MAKrIS, Attorneys
Ar srsi.L Iss. Cerlr l-3 Obj. Cy Ahs
Say of oc.9~f lsff -s-lt. la Harsoa- o
justice. lu-rt
Ambrose Jordan, Attorney sneral II the state OF
New.York Gsassi The President Directors snd Com
pany OF tie Canal Bank Albany On reading and hlng
the pettioa OF Arcrsw hite Receiver ~ the said ca
nal Bank % Albany heretofore appointed BY a.s Court
a this sut duly verified this day. and hearing John
Y L. PrUyn. o. counsel 10
Ordertf Ths. the said Receiver be and he Is hereby
authorized % compound and comProuise With the Al
osuy Gsss Easrnel aad Porcelain Company. for tne
d. ID N.~H~m