The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1853-08-13
The Atlanta Bank No,es

, II will be remembered that George Smith
sometime since commenced suit aglins, Thomp
son. Publisher OF I thompson Bank Note Repor
ter Of New York, for libilous matter published
in his Reporter agains! the Atlanta Bank. This
suit is still before the proper courts in New
York aud Georgia, and wi! probably be KEEP;
there for some time yet to come. Mean time
Mr. Thompson continues to dennuncc the At
lauta money as a bastard, bogus shiupas cr.
In the las, numbcr Of his Reporter he repeat.
his charges against Geo. Smith and his money
anI furnishes letters and names by way o! G.
roloralion Of item. These charges ale in sub
stance as follows:
I've charge that the Atlanta B.uh Of
Georgia has no legal existence
In proof el las position he quotes; 1t. the
!l.h section Of the charter Of ,hc Atlanta G.ui'
which provides TIA, the Bank .l,', i.soeo1 tll,
or notes, or checks, n"id one Hundred H,aslvZ
of the crpitrl stock hare been actar'g paid ig.
in ye.ic." 9l--!het the notes Of the g,lk
were Issued and put Into circulation ly Geosa
Smith, the owner and director of the Bank. aud
10y bis agents at Peoria and other places in April
3l-On ,ae 1T Of June there was no orgau.E,
ton Of the Btak-no capital paid m--uur any
officer of lie Bank within the boundary 81 jurls
dtten Of the State Of Geor ga"
Tie bill therefore having been issncl before the
100000 inspccic had been deposited, in com.
pliance with tie charer, he contends, that the
charter was fur fci,ei and that the A Atlanta Bank
consequently has no charter, and, therefore, no
leg1l existence.
II Ibis j, correct and we have m douhtitis.
this money is prohibited by our jankiug law
and any person rry ns it out or receiving it, l.,
liable to $50 fine, and imprisonment not over
one year. Ills mex charge is:
"iI--Thst Smith Che owner, H'ryirson the
,re-i lent, AVID Vlea,me the cashier, me, ut
the ofice of Ness,s. Strachan 4 Scott in this
city in April last and then nui here procured
and sgnei anil cut. ready for circulation nnl
virtually circulated, Cef're any or-m1 .ttor ,n
Georgia by sending To Chicago ami Milwaukee
800 600 OF the circulating notes Ui ,he Allan
ia Bank"
THIS he declares to be a palHalle violation Of
TIE Cuafltr tl llt OG.h--AN lUCA'pSdtlG luillN-e-
men; Of the Laws, and an Insult to the sovereign
state Of Georgia And he cllls upon tie Gov.
ernor Of that state TO institute the Proper PRO.
ceeling- to exPuase the blot fgom her ias,itu
tons And he thea winds Up this charge thus:
1--WE do respectfully hv the above change.
before the Grand Jury Of Dckalh County. Gecr.
ca. and We beg to name as wiiGcssc. by WHOM,
these charges can lie rroved-J Il. Valentine
anil : c Hssin>ou, now uf A'llE'a.'
III our charges are proven Smith NJ least and
perhaps others of the directors of the Atlanta
Bank, mu-t face the awhu'lics Of the State, the
laws which they have So grossly vr'lI'cl"
"lli--Wc charge further HAT he Atlanta
notes now il circulation at the West are the idcn
teal notes which were signed and cut at the
ufii,e e Sirachcn d SrD't ~ this city, in AyuI
LAT. They never cane ficm the Atlanta B,nb
they never came from GeOrgia--they never
were in Gerrgia--ihcy are therefore nohn.
more or less than bastard bogus shinrlnstcJ.
Every person receiving or passing them Is
! liable to he prosecuted. and every Bunk. lusur.
auce company, Railrcud OF PlanS Road that shall
take OF pay out these notes, forfeits is charter
cd rights