Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1854-12-02
roR THE VIRGtSIAN
Tfana- AlleehanY Bank of virginia.


FOR TIE VIRGINIAN.
Trans Allegheny Bank of Virginia.
NessrS Editors From the first establish
ment OF an Independent Bank in an interior viii
lage of South western Virginia, holding State
stocks and issuing bills TO the amount of half
million of dollars or more, the public mind has
been IN an uneasy condition respecting it. Al.
though enquiries were made in the Legislature,
nothing wa. elected but the strange fact that,
the Treasurer of the State had countersigncd
some eight or nine hanlred thousand dollars Of
is bills and We have the Treasurer authority
for it, that that amount of State securities had
been deposited with him. How the concern be-
come possessed Of this enormous capital, nobody
seems 10 know and n0body seems 10 cGre. II has
been publicly said that it was furnished hy sci
den. Wilhcrs; 4 Co, aud that they were, in fact,
the owners of the concern, BE this rs 1t may
there was oNidentlY some mysterious connection
between the two. rs it appears TINT Seldcn,
Nithprs y Co redeemed their shin pnster is
sues with the notes Of the Trans Allegheny Bank
as long rs any body would take them. Many
have supposed that rigid scrutiny into the of.
fairs Of th, litter concern has been avoided bg
the address and influence Of those chiefly cngng-
ed in conducting it. How far public iorbearauce
will 70 ia thu matter remains to lac seen; but
certainly there r IA loud demand upon the Leg.
i,h,ure Ia have thorough sitting of the whole
affair. By way If throwing some light before
the public upon Ibis dark subject, would sim.
ply call attention to the following statement,
furnished by the officer, Of the Bunk, OF i- con
ditiun on the Both of September. l-5l-a most
hopeful exhibit, truly According To its own
showing it had on hand TINT day, with nominal
capital Of Ssl3,ll2 l. cent. the enormous
amount Of $40 Of BANK NOTES, including $40 If
lis own issue = II j. a most interesting state
ment altogether,aud may furnish some clue Ia the
fact recently made public, That the notes were at
IA discount Of 20 pr rent or more.
While on thi, subject, Will say further that
have lately seen hundred dollar note of that
Bank, without the countcr.si gnnturr of the State
Treasurer which alone conld give il any value as
money. When Intercepted concerning this note.
the Cashier replied Ia the enquiry, that il had
been stolen from him Ht the Exchange Hotel, in
Richmond, after being signed by the President
and himself, and before bring taken to the Treas
urcr TO be eountcr>igned. 1t was in the posses
sion of eolored man, who stated that il was
given To him about the fourth Of July last, 10y
white man, unknown To him, as II one dollar note.
1t Is "A curious affair altogether, and one about
which some further Information is desirable, il il
can be furnished.
ROANOKE.
TRANs-AlIEGuANY BANK.
JePerSonriHe, oct. 2ith, ls5i.
To his Exccllency, Jos JOHNSON, Esq. Governor.
Enclosed please find statement of the condi-
of September, ls5l.
Very respectfully,
Your obedi"nt servant,
TIL II. GILLESPIE, Cashier.
Condition Of the Trans 1Heghany Bank of ir-
gina. at JeFerSonriiie, for the quarter ending,
Both September, Is5l:
! Bills and Notes discounted Sl69,5l0 90
Notes of this Bank. 10 90
! Notes of other Banks, i:}O %
/ Checks, 800 90
! Specie and Specie Certificates of
dcposte, 19O,3l9 3S
| Due by other Banks and Bankers. 1850 Is
State Stock deposited. 100000 90
Exchange and Premium 20
! Expense account including Bank
ing house expenses, i,775 20
SSl3,ll2 |.
Capital Stock paid in, 100000 o,
| Circulation 100000 N
! Due to other Banks 2,567 3
Due to Depostors, I9i :!
| Discount and Interest, 1863 81
SSl3il2 l..
WM. Z. FLOYD, President
c. IL. GREENER,
}. w. NJ. WIrrEN,
JOHN. l. DOUGHERTY,
WILLIAM COX.
Appeared before the Undersigned Notary
Public for the county of Tazewell, Thos. H. Gil.
lespie, Cashier of the Trans AHeg hany Bank OF
Virginia, and made oath that the above state.
ment correct to the best of his knowledge.
Given under my hand October 2Ith 1851.