Washington telegraph., 1850-11-20
K T. OR Il
OF the Financial Receiver of the Eank
of the state Of Arkansas.

OF the Financial Receiver of the Eank
of the state Of Arkansas.
His Ercellency John s. ROane, Governor of the
iStnte If Arkunsas:
SIR: In pursuance of an act of the General
Assembly Of the State of Ark sansas, entitled an
Act concerning the printing Of the Governors S
message dad accompanying Documents" approx
ed the 9th January, 1919; "An act further TO
define the duties of Financial Receiuers of the
State Bank and Branches,' approved 23d De-
;ember, 1916; aud the Act placing The State Bank
in quidation; | have the honor, herewith, to sub
mil my report.
Table A, exhibits the "indioidual Indebtedness
of the PRINCIPAL BANK at Little Rock by refer
ence to which, il will be seen, that the total
of the bills and notes now due, with the Interest
calculated OH each to the lst day of October, 1850,
amount to the sum of $402,320 81. have
classed the debts into four classes, deuomiuatrd
Solvent" doubtful" "Insolyeu'," and "Lust"
anL from the best information have been able to
obtain Of the circumstances of the debtors, be-
lieve the following will be found very near If not
entirely, correct: Solvent, s l36,97S 65; doubt
full, 1854 494 90; nsovent ST l5, 80 Ia; and lost
$S5,695 % This classification shows that
very small fraction over one third o. the debts
due the Principal Bank, can be relied as assets
and hat about one half is now entirely lost and
inSoirent.
Table B. exhibits the bills and notes due the
Branch of the Bunk of the State Of Arkaasas at
BA.EsvILLE, on the 10th day Of February, 1S47
when &. ID. Cook, Esq, took charge of said Branch
as Receiver; the amount of collections made at
said bank from the 10th Feb, 1917 to the LIST July
1850, &c. The bills and notes due said branch,
the lst day of October, 1850, with interest on
same, to that time, amount 10 S2c3,o7l 10; of
which, class $9,959 %, as solce@t; $l32,-
c52 90, as doubtful; $7l,29l 25, as iasolreut;
and SS69,76 27, as lost The parties to the notes
classed as "doubtful," are generally good; but
nave deemed it my duty TO class them doubtful,
from the fact that great many OF the notes havs
been in suit for two three years--duriDg wiei,
time the Attorney for the Bank has not been able
to ud dgments any notes OF large amount,
that have been defended. Could collections be
enforced, have no doubt but there debts due
this Branch, from which the Bank could realize
at least SlC0000.
Table C, exhibits the bills and notes due the
Branch BaHk of the State of Arkansas. at A kan.
Post; and The collections made at said branch
since the month of November or December, Ie Al.
The bills aud notes due the lst Oct, 1850,
with interest calculated on each 10 that time,
amount to $ 73,74s 80, of which have classed
SS5,005 %, as solvent; S2l .8l9 60, as doubtful;
S2l ASS SO, insolyen; aud ,46j OF, as lost.
This is independent of the amount remaining due
from NJ. w. Dorriss, Esq, late attorney for said
branch.
by reference W the proper coiuInH IN tdoie -,
vou will perceive that he, Attorney, collected,
from Now, le47, 20 June, iS49, the sum Of SS52,-
5Sl 80. By reference to table E, you will
that on the I'd July, ls49, NJ J. Dorriss as execu-
trix of the estate of NJ W. Dorrss, dec, paid into
bank the sum Of ) 1925, leaving balance due
the bank of $37.346 30, as exhibited in table +.
or this amount, the administrators of the estate
claim tla, $4,000 or $4,000, have been paid
to the bank. The vouchers upon which this offset
is founded are on file in bank, and viii be laid be-
fore the bank committee, for adjustment.
Table d, exhibits the bills aud notes due the
Branch Of the Bank of the State of Arkansas, at
Fayetteville, on the 9th of April, lS49 the amount
collected by J NJ Tebbet!s, Esq, the Attorney Cor
said branch from that time 10 the 18th Sept 1880;
aud the amount of bills and notes due said branch
on the LIST Oct, 1850
Tie bills ans. notes, with the interest, due on the
Ist Oct, 1850. amount to 1921 ,6l9 l9; ol this
amount class $35,243 6s, solvent; So, 2,23o
81 as 5Oubtfui: S6s 762 10, as insolvent; and