Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1853-12-23
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| ~ WckNe tne NJ nchenAic, On
the motion to lay the Senate resolution In relation to the
inquiry into the proceedings the Bank OF the Old Do
minou, the table.
We give it, because explains fully his relations to that
| Institution.
Mr.. McKrSzir said;
Mr. Speaker before the question taken, dssre sub.
init Few remarks though Intended to wait until the mar
ties on the other side heard Finding disposition
to do proceed to say that there obituary
notice IN one OF the newspapers, announcing the death
OF gentleman, tina. although Bank DIRECTOR he died
gentleman and Christian. Mr.. Speaker: had no de.
sire for seat here. here with ncon
to myself, unexpectedly As was elected by majority
OF near three hundred opponent felt bound To
come, and To the best Ut my ability discharge duty to
my constituentsthe people Of the county OF Ale
and the State at large In coming To this city,
under very pleasant circumstances. found here Mr.
Green OF Alexandria buSy employed in annoying the
members OF this House. with reports OF the improper pro-
seedlings of the Bank of the Old Dominion Of which
Director, charging me. member OF this House, with
violating law OF this Common eah, in having received
larger amount Of money Director OF the Bank, than
the Code provided for Sir what the facts Of the case
This gentleman made application for a discount OF
something $1,000 Bank the pledge of his
stock as collateral security In consequence Of its being
period Of the year when merchants going North took
their money for the purpose Of buying goods the Bank
had to redeem considerable OF their notes as all
of the Banks had; added which, the money market was
very stringent North, making still necessary that
ii should keep itself in safe position, they declined the
discount This gentleman called for and had the discount
books for hours, for three days and took
memorandums therefrom, and made known publicly the
private Affairs OF the Directors of the Bank. lie again
called TO look the discount book, whereupop finding
the he making OF it. the Directors requested the
Cashier to inform the gentleman, that book actually
conform TO the Coda book showing all the discounts
made would be prepared aud laid upon the of the
Bank, possible Nhereupon the gentleman gave
notice chat he about proceed to Richmond ask
the Governor under the law that examination should
be made into it, affairs. The Secretary OF the Common
wealth. the request of the President copy Of his
(Greensl affidavit 10 the Bank and requested statement
OF the Affairs Of the Bank the con
cerncd, which promptly furnished. On examination
the Governor reports through the Secretary T. W. Nun
ford Esq, that he satisfied and should order an
examination. We then supposed Mr. Green satisfied
but appears he not lie, previous the meeting Of
the Legislature proceeded Richmond wait the aTri.
val the members make SHOWN his desires and
that the should be examined 10y committee OF
the Legislature. This granted, but satisfied that
the committee and House OF iSlegaes, would prompt
~ promptly tie aesiftd tie brings the matter be-
the Senate when it referred the Bank Com
mee aud the result is befor the House Joint Iesou-
ton waiting the action OF this House.
The first charge made, - 5nlation Of the law in per
hitting me- a director TO become indebted to the Bank
in the sum OF s., IA my own name | borrowed OF |
the Bank, sSOlO in pledge o Stock Of the Rank, and
$1,000 in name, and a satisfaction, euiorser making
the s5OOO which wa, under the construction
party, for S22oi o. for OF produce, another
$500 %, which discounted the Bank for them,
not tOr me, and promptly paid at maturity. And
bought piece of real the Bank the tide still be-
they purchased IT, sold TO- the purpose OF closing
the real estate account Joint. Eor this purchase
gave my note, which discounted, aud the proceeds
applied 10 ihe real estate
Mr.. SFEAEEE, ] AN sorry 10 Ihc gentleman, with whom
never had difficulty in my life that he could not have
factory Without pressing the matter further done
with tLc subject.