New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-02-13

Checks-banks and bankers z.1f dis
The only sale of stocks to-day Louisiana
State Bank at ISL and inquiry for Bank of
We published in last of the bills brought
Legislature by Senator Withers We give below draft of
second bill of the We have
regarding what notifications required general
ing law. does require than thirty
necessary amendments does require much debating
published last week what deemed the exgency of the
required amendments being few articles
q bill introduced by Mr.. Semmes.
The telegraph advised days that steamship
Black Warrior from New York had board $4,000 coin
leading to tho superstition that this this city We
stated days that the Citizens Bank had
the State Bank sl000o which is all that shipped
port There nearly 10000 in doubloons and silver
Havana The douboons amounting $3.50
at New York by tho Arago and other espment
10 Havana We think that this will to be about the
state Of the when tho Warrior arrives The CAhawba
bring hundreds of thousands sufficient perhaps to balance
of the disappointment Of the large by Warrior as we
learn the Bank of Louisiana out s4oOo There
shipped from here last week Mobile gold so it
appears that city has to supply the Southwest with
the snews of commerce.
Within the past few days there have been important
sales and transfers Of real estate made through Paey
Tho four stock brick twenty by eighty
known thirty and Carondelet street
sold for forty thousand dollars equal to cash. When
General Paey and L. Mauden occupied the square
this property was situated as cotton warehouse the entire
within buildings thereon could have been purchased
for less than fifty feet front by half depth
sold for Parey have property occupied by
the Commercial Water Workssay fifty feet front by
hundred and twenty feet deep s2OOo any
inform US for how much the late Pierre Gallon sold this
commencing somewhere about the line of this
building and running round Graver street. forming
corner where the carriage house is located, IL '
The property Of the Water Works would good
location for the Bank Louisiana though
BILE President yeoes the idea Of removing the Bank notw
standing his interest would be highly thereby
as he is Of the largest property holders District
and removal would rebound to his personal interest In
own view old associations have great influence very
dent that more comnlodious building combining all the des
rable consenehces and space banking not
erected the space ground mourning an
double what he banking house grounds
would command Of do that large
buildings are necessary for the of the Bank but
informed by those who well posted that there
convenient and extensive building for banking purposes
confsderaey although it erected thirty years ago
We could hardly entertain the thought the
demolished 1tis OF the buildings institutions which
connect the present financial generation with last We
almost look conseerated for the duration
In order obviate all difference of opinion regarding
nioval suggest that Bank be Immediately organized
be located Caondelet street There is ample
additional Bank with two and half to three millions of capt
ii tai Carondelet street is good location being right
midst Of the most active part of the city We should suppose
the entire stock would be taken in five days This
the desires Of uptown merchants We believe the present pro
pey recently sold by the Water Works Company,
readily obtained for the erection of banking house. This
would be far preferable than be agang question
Il of removal OF the Bank OF Louisiana.
Il ~ AN ACT
To amend Act entitled AN Act establish general sys
Of Free Banking in the State of louisiana approved
March 8, 1855
Sec1 Be by The House of Representa-
ses Of thu Senate Of Iousana in General Assembly
rency required make of the condition Banks
4 they shall ALSO at the same time publish
1st of the market value of
eeyabe y he Auditor for the circulating which
3D. :. statement Of the rate at which said securities
further enacted That the market value so
reported by the Board of Currency shall be taken by the Audi
value by the Board of Currency shall
placed upon said securities by Auditor himself
Sec Be further enacted etc. That the thirteenth section
of the Article be amended and
read as follows viz that the Auditor shall collect regu
periods the interest that shall upon bonds and
stocks deposited with him security for the circulating
and shall the same demand, to the parties from
whom they received long price of the
bonds and stocks does not fall below the which they
been estimated and resolved In the eprecia
to the Aaditor authorized retain the interest
such further deposit shall be made will fully good
deficiency And II shall further be the duty Auditor
The deposited require the banker or Banking
Company either additional deposit of bonds equal the def
cheney Of security by such fall in the
the deposited securities the by par
ties depoing Of much of the circulation received from the
of any banker Banking Company comply with de-
within after shall be made all the privileges
acquired under this act forfeited
take the proper steps 10 cause the affairs OF The
deanng banker of Banking Company to be quidated
But the banker or Banking Company right
appeal decision of the Auditor within days the
District Court Of the place where the Banking Company
determine the issues preference to all other
in chambers; and the decision of the District Court
such time as may by the District Court in order
speedily disposed OF by the supreme Court the
vded further that during the tendency OF the appeal all
ceedngs the banker Banking Companies SUCH shall be