Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-12-31
CONTRADICTION

Ulalon and Planters b nks-SeQuestEatiOD I
OF ssock-Dver two Iaiiilons-Csr sPord. +
ence.
In this patriotic Revolution, in whiea We sre en- |
gaeed every day diacloses some im2orsant event. !
Rhiph tenas to-szur1zs US homogeneous people by
removing some elsmsrts which, heretofore, made !
decord.
The1U Union and Planters banks, have been oceu
pylag = position which subjected them to cepsure
by those who supposed they discovered policy
which looked to the interest Of Northern stock
holders rather than 10 e strictly Southern one.I
| Whether this wers true or not the ownership Of
the Stock wouldsustain 1t in public opinion, be
| cause three fSurths Of the Union bank was owned
mainly in Pennsy lyania, and three fourths Of the
Planters bank was owned il Pennsylvania, New
Yokr and England. These stockholders did elect tn
Directors, or had the power to 90 30, and hencs
this suspicion ABOUT Nori5srS and Foreign sympa
thy do not pretend to assert that any such ten
dency ever existed, bat the above ground for such
an opinion did exist. 1t is now removed, as one O
the incidents Of this Revolution, ss the following
rreepoadenee will show.
Three thousand, five hundred shares of stock il
the Planters Bank, are supposed to be owned b,
subjects Of Great Britain, but what number Of
those were carry on business in New York or not
is yettob 4scertalned because the Law of Nations
brings them within the provisions of the ssgkes
trat,nn and pssses tbs oa-,tr~i " STOCK
. 20 the Confsderass states Whatever, therefore
may cleft Of this English Stock, is al that pre-
vents the two banks Aow from being hOmogenons
southern Institutions, because owned entirely b.
4 citizens of the Coniederaey,
The EDglish element may amount to nothing, a.
we may be ogies IN tear in thirty days.
The braggart, untruthful, staggering fanatics a.
Washington, have fully endorsed the open iHsuE to
he Britiaf Flag. They must stand by this endorse.
ment. or make an apology which should disgrac.
hem. If the former, then our resources are forth
with doubled. snd brilliant and successful ter.
. nination of this Unnatural war is deinitely fixed
The earnings Of these Institutions noH belong t.
,;t,zens at home. It comes in to the items which
IRE beng daily discovered, and which point to
. magnificent destiny fer the Southern COafeaerscy
: DISSOLUTION was necessary. Secession was neces
: ssry. A removal Of diseordant elements is neces
,sry. Then all the clouds that lower upon GU
: house win be in the deep bosom Of the ocean bu
B cied.
rs The late Conhscatioa Act, soon 10 beeome Law
It Washington, embraces all the prcpert,
IN OF out of the Confsdersoy and msy be taken By
Of INV military or civil officer, or any other person
designated for the purpose, and disposed Of wthou
g. Court or record Retaliation our part is barrel
ID nossible, when such mad and lawless proceeding
are to be met. Ra= ot the time arrived therefore
al for all persons to abandon the desire to be lOnge
be connected with such men To abandon the ide
sb that they will ever come here the owners of prs
Of oertv or credit Lasting separation and politiea
| d, So ho
5enee referred to- which shows that the COnfederai
court has dissolved the bonds that bind the Unio
be and Planters Bank to Northern interests,
IL LETTER FROM TIE REoETER-
RECEUER's 0FECE.
NASHVILLE. Tenn Dec. 81, 1861.
er To The Presidents and Directors Ct TIE ChtoH on
DID Planters Banks Of Tennessee:
ma CENT NES: AS the Receiver for the COnfedeFa
-, STATES of America, in Middle Tennessee herew
e enclose you copy Of the Decree OF the t0ntsdefa
he o,vrt with Ehe modification mads upon your M
r tion 10 aupeal with INST Of stockholders 10 sal
so Banks who have been proven to be residents IN %
Sfsfes with which we are Al l5GT and who are Their
ma fore legal alien enemies.
re The proof shows that they own 10 tue Oalo
ind Rant- ore thousand three hundred and-share
-, and the shares to be one hundred dollars eac
'n zbinh If az par amount TO one million three hu
"Au ired and thousand dollars IN the PlsnteI
ssnt eight hundred and fifty shares. BY virtue
=
| ,-ation of the effects and property OF "aLen en-
mics these shares Of stock in the Union and FlaI
h. srs' Banks have been sequestereo ana as tue pr
-; Ter officer to take charge OF all sucn properly
is present this decree OF seguesIrat4en aS
right in the Confederate States to take charge
md control the same according TO the proVislons
OH he act of Congress- ,
On. Gu The Charter of your Banks makes the stock
uS sirnable and transferable only on the books OF
su The decree of the Court is presented as the ii
n the stock and you are hereby requested to II
:, uish me, as Receiver evidence thai the STOCK
y forth in this decree as the property OF alien q
= ! mics y has been transferred 10 the COuleaerl
,I,.tes pursuant to the provisions of your chart
i4 Il is not intended to interfere with the stoeE
- anv citizen Of the Coufederacy nor with lna'
-, any person of anycountry. in friendship "s'S
- | crowded they are not in hostility
ners ar The third section ofthe act you are iuIiy
the qulIe = al responsibility for prop rty thus ira
LII Our only protection sgaIl., n wrongs Of
-. enemies in coufscating and ds-ayI-sz orr brou
"a" " is found in this measure of retallastO-.--
dIev To make thu rOmedy effective, prompt actioa
I be REQUIRED Il is intended 10 wesken the enel
ab and raise fund to indemnify our own citizens
: be losses.
and States to take and hold every species OF prope
pre. and every dollar of it, which belonged to "a
r. VI enemies, !" and that as speedily as praoues
ling Litigation and delay may be construed oy our
gt Hoping that you will find no difficulty in COM
dan ing with the decree of the Court,
remain very truly, yours,
lac s r. CCCRRuL~
,or,e Receiver for .. )
r fer
lave RErLY OF raE PLANTERS BANK.
Ienu PLANTERS BANK OF TENNEssEs
the NashFNie' Aelh 'A.-- ~ - -
soma The Board OF Directors met InIs hg u ~
en- ,'elock Present, o. Ewing President, f B. F.