Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1859-12-23
RANKING IN VERMONT

The Springfield Republican has discovered
some curious characteristics about banking in
Vermont 1t takes the commissioners report
for basis, and goes on as follows:
1.-THE resources of the banks include $685.
$50 Of doubtful debts, and the summing up
of assets, in some instances. presents quite
bill Of items. The bank Of Royalton makes
an item of personal property to the value
S295.80, which the commissioner found TO
consist of 10 yearlings, | COW and calf,
wheelbarrow, sorrol horse, jaokass, boar,
shoats and 10 mules. 1t is shown that
about twenty-five out of forty-eight banks
have entrenched on their capitals several
having deficits of $40, 900 and $4,000 on
capital stocks of 100000 and s. 10000
The bank of Castleton shows a deficit S48, 036
on capital of Sl50,000 the bank Of Roy
alton, S45,l33 on Sl000O0 the Farmers
bank Of Orwell S49.2 on 100000; the
bank Of Burlington Sl3,lsG on Sl50,000 ;
the Farmers and Mechanics of Burlington
Sl5,l7l on Sl50.000 the Merchants of
Burlington 1855 on a like capital; and so
on in amounts of 100000, 49, 600 and Sl0,-
600. The commissioner also notes, in many
cases, the disbursement of dividends not
earned, The Vt. Bank of Montpelier shows
a surplus of S2l ,O42 on capital Of $780,
600, "all doubtful debts being charged to
profit and loss :" the bank of Brattleboro
S25,093 on $4,000; the Bellows Falls
Sl2,077 on 100000, and Others Of smaller
capital with S25OO and $4,000 on hand
gentleman Of this place who is thorough
ly conversant with the Banks in this State,
explains the above paragraph as follows:
The doubtful debts and deficits speci-
fed in the above article include large a.
mount in old Banks not now doing business (;
in others, these items have been accounted
for by the reduction of the capital stock /;
amongst the latter are the Royalton and the
Farmers and Mechanics, which are reduced
fifty thousand dollars each in the former is
the Castlcton Bank, which is superseded by
the Mutual Bank, and several other Banks
whose charters have expired, and are now in
a state Of liquidation, so that the article above
is not a fair representation of the Banks now
doing business. all of which we regard as safe
to the bil-holder, although many of them are
paying a very poor profit to the holders Of
stock.
70 We have received the second Rcgistra-
ton Report of Births. Marriages and Deaths
for the year 1858. and with it a request
that we publish something like the following !:
School District Clerks arc informed that the Blanks
for the Registry and Return az Births. Marriages and
Deaths may be obtained from She Town Clerks, ~
their respective towns, in the month Of January II is
important that these records be accurately made, and
promptly returned 10 the Town CLERK before the
FIRST dag nj March, in each prescribed 10y the
Registration Act of 1856 and 1857.
The attention OF Ministers and Justices of the Peace
is called 10 the requirement Of tcturn Of record "
Marriages 'olemnzed by them during The year.
Town Clerks will receive the Blanks for their several
towns through the Office Of Me Cn NJ heir County
the first day Of January. Ihrv e also receive COPY
# the First and Second Hc-i-inrn Reports, for the
Of their office. and lnpcJ these volumes will be
carefully preserved with Che records OF the Town, for f
uro examination and reference