The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-11-30

Go the following checks drawn s.ther Church viz
symsson ETs4 Wilson co n aaS co wsh
The checks of Reynolds Brown will be paid
ing house Of Frez Ralston.
pacard, signed by Greenhood h Newhaur, gave
notice that all drafts drawn by their rm, At wsaver-
would be paid at sight at their house, No. II California
street.
found under the proper head We have been unable TO
discover the number Of creditors on whom the firm have
Messrs Sather 4 Church make the following statement
of their affairs which would probably lu suspicion to
their sovency we're not Tor the precedents
set them in this city, particularly by Adams Co, who
showed large and above their liabilities bu
failed eternally nevertheless
Bills receivable, in the hands of j. B. Roberts,
Samuel Merritt and T. H. Selbey ......... &342 900
Checks on other banks, in the hands Of Roberts,
Due for advances 70 Gold Dust Correspondents $1,000
Real estate in San Francisco isco............... $4,000
Total. .s4ea 900
Due Deposltors on book account .slss CO. 90
Assets amount due the depositors and the
certificates OF deposits ACKNOWLEDGEMENTS. 222,OO0
Total. SAGA 900 90
All special deposits in the vault, and will be deli
vered soon possible. Mint certificates for collection
and notes left for collection not included in the above
statement
The protested drafts Of Saher Church were being paid
in New York when the steamer left
The shipments made by each steamer will be applied
in payment OF the drafts drawn at the date Of the ship
OF the bills receivable the bulk of them will be due in
thirty days They are good, and mostly secured by col
ateras. SATIIER CHURCH.
from the San Francisco Chronicle Nov 81
The receipt of the accounts of the financial disresscs
the East caused considerable excitement in this city yes
terday, which augmented by the Information that
drafts forwarded to New York the 9th September by
sather Church, had been protested.
Early in the day quite run was made upon the banks
of Wells, Fargo Co., Talant Wilde Fretz Il Raston,
B. Davidson and PARROT Co., but all demands were
promptly paid the excitement soon ceased and by twelve
O'Clock the miniature panic end.
During the day attachments sued out against the
well known shipping and commission house of Moore
Folger hide dealers 10 the amount of $35 000 1t is
thought, however, that the house will soon be able
sumo, their present difficulties beng only temporary and
occasioned by the failure of Wlletts Co.. OF New York
The house of Moore Foger bears high reputation for
honesty and good business and hoped that they may
come out OF their troubles without serious injury
The Treasury Compromise.
From the San Francisco Chronicle, Nov. 3.
The Attorney General informs the Union that he was
present when the first proposition submitted by Pal
mer and advised the compromise if it could the
State from ultimate loss by Bates Co.
Some miapprehcnsion existing about the position the
$4,000 mentioned by tho Union, in its previous issue,
that paper gives the following further hgures:-
In April, 1866, Treasurer Bates paid to Palmer Cook
Co $se OeO TO meet the interest due State bonds the
succeeding July. They failed pay IT, but after the
Treasurer contracted with Wells, Fargo Co. TO pay the
same interest, Palmer, Cook Co gave Bates draft on
New York for SI6p0O, which handed TO Wells Fargo
& CO. and by hem soHectef This sum Bates failed To
charge himself Wit when paid back by Palmer, Cook
Co. the legislative committee very properly ordered TO
be charged against Bates and makes portion of the
$4S goo for which he rs defaulter.
This $l5 600 Palmer declined pay in the compremise
as he had once paid it, and as il is not included the
compromise, still stands as portion of the Bates defal
We told that the State is s2s5 900 in real
estate 70 cover the following debts viz that due by Pal
mer, Cook Co. SIS 600 less the sl5 900 paid back to
Bates the $l24 900 due by Pacific Express Company and
the $4s 900 due by Bates, making
Palmer, Cook SIS 900
racine Express company ia 600
BATES denct $4,000
Total. $3.50 600
ever, by suit upon the bonds of Bates Palmer Cook
Co., receive $4,000 From the properly she may realize
$500 600 The indictment against Bates In the hands of
the court II cannot be disposed of by ne prosequi
Prom the san Francisco Herald, Nov ST.
Governor Johnson Treasurer English Attorney General
mento bee Of the 18th instant have been engaged during
great portion or the Just passed in cooking u
settlement on behalf OF the state with the above named
parties On saturday last In San Francisco the matter
completed.
The Judgment against Palmer Cook Co for the non
payment Of the July 1855, interest in New York amounts
TO some s75 ooo and that against Bates for money
given Rowe pay the interest Of this year in New York
which he failed do for sl24 600 As security for
the payment Of both these 10 the State the State
officers 10 receive from Palmer Cook Co
real estate valued at s35 oo0 but which is thought
will realize nearly not quite the full amount Of 500 600
cash. board OF appraisers however are yet 10 be
appointed TO place cash value the property and il il
to be taken at their appraemcnt As part Of settle
ment District Attorney Hereford who IS acting in this
matter by the authority Of the Court, is TO enter nos
proscqu in the criminal against Bates and Rowe 10
be set at liberty IN csnse luenoe thereof.
This no prosqui cannot prevent any future grand Jury
ndctng Bates on the criminal charge II they shall see
nt TO do So Although prosecuting officer may any
cana him
To be discharged he Is not therefore exempted from tho
crime In the eye Of the law.