The daily Evansville journal. (Evansville, Ind.) 1862-1863, 1863-06-03
JUNE 3, 1863.
Bank of the State of Indiana.

|
of its President, Hugh McCulloc6, ESQ
lately appointed Comptroller of the Gu
Sency, and to appoint his successor, th
following very interesting proceeding
In rendering his resignation to tn
Board Mr.. McCulloch's remarks were a
follows:
GENTLEMEN: My acceptance of tn
office of Comptroller of the Currency
under the National General Bankin,
Law has dissolved my official connection
with the Bank of the State of Indiana
and Iappear before you at this time, only
to return to you my sincere thanks fol
the kindness you have ever manifested
to me personally, and the unqualified
support you have given me as President
of the Bank and the presiding officer on
this Board.
am your debtor, gentlemen, to an ex-
Tent tent that have not the ability, 6tly, to
you have covered my official defcien-
cies, and for the hearty and unanimou
cooperation, by which l have been sus-
tanned In the performance Of the difficult
and responsible duties that have been de-
volved upon me since this institution
was organized. Whatever reputation 1
may have with the public, is mainly the
result OF the wisdom and ability which
you have brought to my aid, in giving
direction to the action of this Board, and
which have characterized the manage
ment of the Branches, which YOU re-
spectively represent, and which have
hn &c h e
the soundest and most conservative bank
in the Union.
L can truly say that this formal act of
dlssolving my official connection with
this Bank, and with you its Directors, is
the most painful one l have ever been
called upon to perform; my official re-
latIons with every member of this Board.
nave been so pleasant, so harmonious,
SO eonfiding, that, in dssolving them,
am oppressed with the deepest sorrow.
dare not trust myself to speak par
tlcularly of the past, of the many years
that L have had the happiness of meet
ing, at our quarterly sessions, in this
room, the Directors of the "Old Bank
and the New" of our associates who
have been separated from US by death,
and of the good feeling and mutual re.
spect that have characterized our Off |
clal intercourse. / can only say that all |
these precious memories are treasured |
up IN my heart, and that they Will re-
main engraven there as long as its pull
satlons shall continue.
For myself l claim only to have hon
estly and with uhswerving fidelity, en-
deavored to discharge my duties as
President of this Bank. l believe that
each of you will acknowledge the Justice
2dtbesuc ct thu cHSlPo bg PPolrult9aat In the
by considerations of private interests
In all my official acts, l have regarded
only the interests of the Bank, and of
the people of Indiana. In the dis
charge of the duties to which / have
been recently appointed, l hope ever to
be influenced by the same honesty of
purpose 1 did not seek nor desire the
position which | now occupy. While |
feel grateful for the honor, which the Of
fer of place so important and so res
ponsible has conferred upon me, l go to
Washington without being under person
al or political obligations to any one for
the Office hold, and shall endeavor to
discharge its high duties with fidelity and
Believing that the Bank
ing interests of the country should be
separated as widely as possible from the
politics of the country, shall in my of
fetal capacity, ignore party, and labor
only for the interests of the people.
In accepting the office of Comptroller
of the Currency, make large pecuni-
airy sacrifice, and larger sacrifice of
comfort al d happiness; but in the trying
circumstances in which the Government |
is placed, did not feel at liberty to de- |
cline a position in which l might aid in
the establishment of system of bank
ing, which, if it is success, will contri-
butte largely, to the preservation of the
Union, upon the existence of which the
we'll being of the people of the United
States so entirely depends.
Accept again, gentlemen, the express
sions of my Heartfelt thanks for the
kindness you have ever shown me, and
the friendship with which you have hon
ored me- l am not ungrateful for the
former, and l bope never to be unworthy
of the latter.
Whereupon committe, consisting of
M
W. Rathbone, was appointed to respond on
behalf of the Board in the acceptance
of such resignation.
Mr.. Howe, on behalf of the Commit
tee, submitted the following Preamble
and Resolutions, which being read, were
unanimously adopted:
WHEREAS, Hugh McCnlloch, Esq, has
resigned his position as President of the
Bank of the State of Indiana, Tin order
to accept the position of Comptroller,
under the National Currency Act,) and
having been eminently faithful in the
discharge of the important duties per-
tanning to such Office since the organiza-
ton of the Bank, this Board highly esti-
mating the valuable service he has rem
dered to the Bank, feel it due to him,
that on retiring from the position he has
so honorably filed, he should take with
him an exp preston of appreciation in
which he is held by the Board; therefore
be it
Resolred, That we bear cheerful testi
mony to the integrity of character, and
high personal qualities of Judge McCul-
Iocb, which no less than his business ca
pacity have commended him, through a
long acquaintance and association, to our
confidence and esteem.
Resolred, That we recognize the su
IL L.