New-York daily tribune., 1857-10-17
on the sfd.vi,s preliminary to sgai acton. Those
Ss1.rs are snbstar.ialy:

fscts are su uoefan.Ially . 1900
ON Friday Of last week bench varrsnt was lssuea
rom the Disrc. Court for the arrest ofJes Cosher
Of tie firm OF O'CoBrer Bro. o., Dshhe'' or
brokers' WOOD street, on an affidavit nisoe " vun.
Scott; row President of the Bank pro I.m', cuNs'ss
him with obtaining $lsj 900 from the MercnsoCs 9ue
Nsrufacturers Bsnk with the intent 70 deiraad ror
some reason es yet pained, the execution OF .e
warrant wss delayed al Wednesday, wnen nf'
OCorper was aTested taken before Judge haupVon,
and nsd n the sum of 1900 600 for his appearance 10
the District Court on Saturday next, for so examins
tior C. Ihmser ESQ.,, became security In that amount
for Mr.. o Conner, srd be wss discharged.
He was Immediately arrested by Officer Mooo, on
warrant issued by Alderman Johns, on the a iavt Of
Tobn S.ott. chsrSipg hin with conspiriny with VIII
son Rskerey an officer of the bank, IN unavtuly
conspripg ard corfederstrg together ior tn purpose
II f,audulently obtaining money from 'ee merendht'
and Msnufscturers Bank. and by rnesns OF sad coz
spirscy obtaining $4,000 of the proper moneys
thereof. with intent to dersud said bank. OConner
gave bail for hearing. Of the amount OF bail re-
1uired We are blissfuly ignorant, the Alderman not
being communicative on so momentous SUBJECT.
Ii was not by any facility offered our reporter ths'
the nature Of the last affidavit was ascertslned. GA
learning that second arrest was to be made ne VISIT
ed the Alderman office, and IN reply to question as
70 whether there was charge made agahsl AT.
OCouner there received the highly satisfactory reply
" Not that know OF" short time elapsed when the
officer entered with Mr.. OConner, and the Alderman
suiderly became aware OF the facf tnat sn am lasn
had been made before him, and seemed TO be preryta'
carriage rolled up at the door, few subdued woras
were said, recOCRzance" taken. and the pms
orer was discharged from the custody OF the oflcer
We shall await the developments IN this case win
some curiosity. We are anxious 10 know oy waat
process confidence be established IN an lnst'tu-
nor created for the otensible purpose OF accomno-
dating business men, by which any one msn: or any
two men, can oveTdraw TO the amount oil s5lO,oOO-
said funds being chaitsby applied no doubt, 70 ine
interesting purpose of shaving and dscounhng at two
or three e cent month"; and the purchase ot the Is
sue Of discredited and broken banks at 81 or more
cent discount IN process of time we shsl Al 9e en-
b2hiened upon this Interesting point. u. Z. Hanll-
ton. esq., s employed for the plaintiff and Roberts N
Mellon for the defendant.
One of the firm requests US 10 state inst Iney arc
fully able to pay the institution any amount which on
settlement of their accounts with the bank, nlsy De
found due it-that ample security can at any tune be
given 70 DO so ard adds that such securities nave
already been placed in the hands of dlsHeresed apd
responsible parties TO an amount nearly equa 10 tne
alleged claim. He states that there has been no con-
sprscy to defraud that institution, as will be shown
when the come up for investigation, IL tney are
pressed TO such an issue.
Weregret 70 announce the suspension OF the Georgia
Railroad and Banking Company yesterday. The im-
mediate cause OF the suspension, we understand was
the failure of their deposit bank IN Charleston ZION
which specie had been ordered. We will only add,
that whatever may be the present Inconvenience TO
many no b-hoder or depositor should suffer the loss
of cent on the Issues Of this bank The Company
Dy rs last statement mas surplus OF more tnan na
million and securities of the best kind easily coo-
vertitle in ordinary times TO twice the amount OF their
present circulation. With these means, aud an aver
age gross income of about 50 900 day, with proud
and wealthy set of stockholders the bll-holder has
nothing to fear but present inconvenience. We make
these remarks solely TO caution the ulwary against
sacrifice. The bills are intrinsically as good now
they before the suspension OF the bank was an
noUnced.
GROUND BRoKES oS THE FIRST RAILROAD IL
MISSEsoTA.-We understand that the Minnesota and
Pacific Railroad Company have made arrangements
by which they will give employment to large nun
Der of leborers during this Fall and so long as the
weather will permit. This will be good news to
large class who will be thrown out of employment by
ihe stoppsge of city improvements. The Tunes Gays
the first ground was broken the lst instant, aud
number of men engaged at work between this city and
ST. Anthopy-that portion of the road being the first
that will be completed. Six miles Of the road are
stsked out for the operations OF the workmsn.
fSt Paul Pioneer.