Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1867-01-24
FIRST NATIONAL BANK OF CHARLOTTE

FIRST NATIONAL BANK OF CHARLOTTE
We learn from the Democrat that this Banl
has declared q dividend of ten per cent
from its earnings for the past six months
and carried five per cent. to the reserve
fund.
The following extracts are made from
the Report Of the Board of Directors show
ing its operations from the date of organi
zatlon, September 9th, 1866, to January
1st, 1867:
"Opening on the 9th day of September
1865, with capital stock of $4,000, q
short time showed that the amount was not
sufficient to meet the requirements Of the
business portion of the community, Books
were therefore opened, and on December
1st, 1865 the subscription amounted to
s72' 'oooo-mRaking the capital Sl22' 'ooo:x
On the 31st Dec, 1866, after careful ex-
animation of all the assets of the Bank, the
Board declared IL dividend for six months)
of 10 per cent, free of taxes, and carried
| Sc, 618 43 to the Reserve Fund-makin2
that fund at the present day sla'5o6 IS.
While thus showing a profitable invest
ment to the stock holders, we cannot help
thinking that the Bank has been of great
service to the City and its business mem
| To show the large amount of business that
| has passed through our hands, we take the
| following figures from the ledger Cash ac-
,, count, from Sept. 6, 1866, to Dec. %, 1866,
period of 16 months, foots up $780,,
| 600; On deposit during the same time,
1856, 900 specie, and So 264, 400 currency
| and customers and others Exchange on New
York and minor points 81, 500, ,OO0-the
saving on the transportation of which sum
has been over So, 500 to our depositors. -
The Books, which have been carefully ex-
amined by the Board, show good, we'll es-
tablished business, with assets that they are
| reliable in every way and we hope that
the business of the Bank i'll the future las
certainly does) will Justify us in saying
| that you have Il Stock that will pay good
dividends and constantly increase in
value"
Academia sad accident occurred some
time during the past week, on the planta-
tion of Mrs. Haywood, about five miles
from this place a negro man named
Scrap had been hunting with DIR. Gee,
Mrs. Haywood's son-in-law.
After they had returned, and the Doctor
had placed the gun in the house, Scrap
concluded to go again, by himself. He got
the gun without the knowledge of any of
the family and not supposing it loaded
pointed it at a negro boy called Willis,
telling him lie would shoot him. The gun
was loaded and went off, killing Willis in
stantly.- Weldon State.
DEsTrrUT1oN IN RALEIGH.-The Baltimore
Gazette of Tuesday publishes the following
letter from Mr.. p F. Pescud, showing the
deplorable destitution now prevailing in
Raleigh:
RALEIGH, Jan. 10, 1867
1Nessrs HolttGus & Son. Baltimore
=
due you to date, which please acknowledge,
For the past two weeks the severity of the
wheather has been unprecedented. For ten days
the ground has been covered with sleet and snow,
and the suffering among the poor unparalleled
Being chairman of the Relief Committee. to raise
money for the Young Mems Christian Association
I have persO sOnal knowledge of the extremities
to which some OF our poor are reduced, and, our
funds being exhausted, some have been without
food two days, others have had to burn furniture
and beautiful oaks. ems and fruit trees to keep
warm. If yon think it will 60 good, You may au-
thorze any of your newspapers to make our sad
condition known over my name, and appoint re-
ceiver of contributions to be sent for the
Yonng Mems Christian Association, who have at
this time fifty families dependent upon them for
food and fuel.
| spent all day yesterday begging, and raised
only S198 90 Our people are so poor they cannot
respond to calls heretofore.
Truly, Your Obedient servant
p F. PEsCUD.
AN ITEM FOR THE BUREAU-A gentleman
residing ten miles from Newbern, formerly
the owner of a considerable number Of
slaves and other property, and who is not
now $50 we'll off as he used to be, " was
seen yesterday passing the lower part of
Pollok street with basket on his arm con-
tanning a goodly show of ''collards.' He
was hailed by friend and asked where lie
was going with his colltrds The reply
was, '"there is an old negro woman living
in this street who used to belong to me,
and [ want her to have them" You have
not brought the coliar,ls all this distance
for her ?" was the rejoinder. eyes, and [
have plenty more at home, was the reply.
" | reckon she needs them" There is ma
terial for a chapter in this incident
Nembern C0nmerciM.
BEAUTIFUL We have in our possession,
the work of our neighbor, Mr.. Hutton,
card on which, in circle the size of three
cent coin, the Lords Prayer is written
twice, in pencil. The execution is exquis-
itely neat and beautiful, and we look upon
it as wonderful feat of penmanship.
Goldsboro' Ne,rs.
RELIEVED FROM DUTY.~-A detachment
of the Sth regulars left for Hatteras yester-
day, to relieve the colored regiment now on
duty there. .-Ne,Cb. jour. Of Commerce.
Inaugural of the Gov. OF Pennsylvania.
Governor Geary, of Pennsylvania, in his inaug-
ural address delivered on Tuesday, says he regrets
that the general government has taken no steps
to infict penalties upon the rebel leaders, and
terms it censurable forbearance Ii
founded, he says, and shocked at the exhibition Of
cruelty and ngratitude among those who inaugu-
rated and prosecuted cau>eles war against
generous government and having been permitted
to escape tue punishment they deserve, and who
are ouce more clamoring to assume the control of
the destnies of this great nation. how much great
er cause would we have for surprise had slavery
been permitted to increase and multiply.
The violators of the most sol, mn obligations
the perpetrators of the most atroc0us crimes In
the anna,s of time the murder,r rs of our heroic
soldiers in fields of battle and in loaf ONE dun
geons-th y must not. shall not reappear in the
council chambers OF the nation TO aid in its legls-
laton or control its d.stnes unless it shall be on
conditions which Will preserve our institutions
from their balctul purp ses and influence. and Sc
cure republican forms Of government in all their
purity ard vigor i'll every section of this country
Cost OF the Cattle Plague.
The losses by the cattle disease in England are
down in }hp now ySOa ners of that cOuntrV at