The New York herald., 1862-08-01
Jacob Barker in Court.
CONFEDERATE NOTES NOT CURRENCY.
From the New Orleans Bee, July H.
TRINOET NOINEs
Recnrn Hon ndua Poll


Before Hon Judge Bell
The CnsoM Bdsl oy louisiana the Mechanics and
Iradeys Busn the report made in the parers In re.
gard this case uninientional error occurred Ac
corng 10 the evidence about the 5yh Of May the
cashier Of Mechanics and Traders Bank called upon
the cashs Of the Union Bank, and stated they were
short Of circulating notes, and asked to allowed
check upon the Union Bank for such they
might require to pay their depoeitors, which
sented TO be returned when called for Checks the
amount Of $3.50 900 legal currency drawn for paid
IN Confederate notes. There not any express
standing as to what description Of notes should be
turned AZ the time the only circulation the Con
federate notes. other paid by the banks for
deposits which had been made in gold silver or FOR
other debts they receiving the same on deposs anu for
notes due freely at par The understanding. matter
OF course, was that the money should be returned
in currency. Had payment been offered in part
whole IN Confederate rotes, while they remained
the currency, they would have been received by
Union Bank. No such offer made. Un the 18th of
ch,u,cs aud Traders Bank ssnt the Union Bank
say 10 ready TO pay 100000 Of the $3.50 900. Mr.
Penn replied that he would accept the $50 900 In Coufede
but that the UnDn Bank expected bank
for the balance The teller did oier the 500 000
had he the notes with him. Ho testified late
in the DAY and after Reporting the reply Of Mr. Penn "
the sient he expected be back the
Jug with the $50 600, and answer to the balance
The proclamation the 10Th May on the morning Of the
20h appearing, the bank presdsnts had meeting, de
Gliding that they could not longer receive such notes in
dcpost currency. In consequence of which Mr. Penn
informed Mr. Robinson that he could not take any part Of
$3.50 900 in Confederate notes The teller that
Nj. Robinson told him that for this he
send the $50 COO which they had hand be rendered
the Union Bank, any answer about paying
the balance in bank notes. That the whole
was offered in Confederate notes tho 26th
May. To enable the bank 10 do this, il Dor.
rosed spec al depostors the 80, 200. The tes
tim established that the Mechanics and Traders Bank
had aid out 10 their desors, at par all the Dor
rowsd Of TIE Union Bank with trihing exception Its
check paid the 18th Of May. On the 10th the
bank held but s. $50 Of tho Confederate notes received
the previous day from their deposors and for col
ectons. No testimony was oferei showing what pro-
portion OF these IS $50 had been received from the Union
Bank he teller stated that he had not the OK
asceraiung. The teller, who sent with the checks
to draw the money, said II agreed be returned In
ate notes Mr. Freret OF the Union Bank to- ii
he'd differently The counsel for the Union Bank con
tended that clerk sent TO draw money for checks could
not change the contract the obligation OF the parties
aud could only be controlled by board OF directors The
decided that the whole debt Sl3O 600 with IN
the date OF the protest be pail in bank
by the Mechanics aud Traders Bank the Union
Bank. JACOB BARKER, counsel tor plaintiffs.
In addition to tho above suit, we hna the following
summary of suits in the Provost Court =
ltrom the New orleans True Delta, July 20i
n. Ilolz. New York merchant, brought suit against
Lsa mont Blanche 60, to recover proceeds Of goods
amounting TO about hve thousand dollars which they had
sold Tor his account as public auctoDeers Tho unit
OF claim acknowledged TO be correct but the defend
ants showed THAI pursuance or agreement they had
deposited eight hundred AID hy dollars II 20 his
credit IN Of the banks of this city for which they
had forwarded by regular matt certificate OF deposit 10
him which however, was intercepted and the proceeds
ucstsred by the confederate authorities Tis balance
had been held subject u hls order aud they were still
ready ray H. lie judge decided that he could only
tie amount wilch rendered by IAagnont
rsnchc Co from them but that he have recourse
against the bank for the paid the Confederate au
thofts. and N subsequent suit judgme was entered
against the bank for the latter arnolnt.
~. h keegan w. the Bank OF America was q rather
complicated csse but Jud. Bell succeeded IN unraycns
It, The paln,iI, late partner Of the nsolvsnt nrm OF
hccgan Mccann, Instituted suit on behalf OF tho credi
tors Oi the hrn 10 eight thousand do
winch mad beea deposited N the pane OF MeCann's wife
IN tho Bank OF America bat VIII ch had been some time
since Pronounced as tho property of tie msoents by the
SIKH District Court of tbs city and subsequently scues
tered by the Confederate authorities although had
yet been appropriated 70 their Judge Bel ordered
tbs amount 10 b. Iaid n fece 20 ksog the deposit
was made previous a. the blDk suspension OF September
1861 auc felui ed nond ~ ten thousand dollars tie
faithful qulstOn Of the TO the creditors OF kssgan
Il McCnng.
From the New Urleals rcay,rc, July 20
The Of II Nicholson aud .. h. Walker Disposed
o They eiizsns who have always been regarded a.
ghiy resrsctlhs when riding up IN The horse cars 90
ErHy they spoke n The existing order Of things m terms
VI extreme cen.ure ar Nicholson raG tcuar.y spoke n
the iedera bayon.ts here tie sns and agents of on
preston Plumber eonh-cstiun, Invasion denial OF tho
rights Of self govern aud stean oegroes he aesert
oil ~ be the prime upf.ts of the var aud tho denup
catory terms hs emf Esrs fully endorsed by MS
companion Lieutenant Duane. Who was IA the cor
arrested the parties, ard they required by Judgs
Bell 10 pay si0o each g. a. T. syu " ~ months. Mr.