Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-06-21
q
no 81 -.

These vessels aggregate 1881 TONS
and a crew of 1872 men.
The New Orleans BuRl6t,H of the 18th
saws! Another meeting Of the depOsitOrs
in Jacob Barker's bank of commerce.
was held Saturday evening, at the Ly-
ceum hall. Mr.. Geo. SOule presided,
and. as chairman of the committee ap-
pointed to examine the books of the
bank, and TO confer with Mr.. Barker,
reported that the latter, on last Monday,
emphatically stated that he would not
declare himself q bankrupt, nor assign
Seahh property over to his creditors. After
: being pressed on the subject he promised
to consult his counsel and give s final
answer on the following day. Two days
ELAPSED and no communication was re-
ceived by the committee f~rosssoHsi
Barker. On the third day MI. Sous
again waited on Mr.. B., and this inter-
view was equally unsatisfactory. The
ease was now before the United States
district court, charging Mr.. Barker with
fraudulent bankruptcy. An injunction
had been issued 10 prevent him from
privileging any Of his creditors, IS he
had done in the case Of the Citizens
bank and other parties. Mr.. Soule
further stated that he felt confident that
Mr.. Barker would be forced into bank
ruptcv to-day, lMIonday,) though the
latter bad stated that he was not a bank
rupt that he had a claim against the
1 United States government, dating from
the year 1872, for two million dollars,
with which to pay his creditors. Mr..
Snule further stated that he had at his
office g list OF two hundred and thirty
creditors, representing claims amounting
to two hundred and forty thousand dol
lars, which was open to inspection.
Before the meeting adjourned the sum
of e~ighty-tw0 dollars was collected for
the purpose of paying lawyers fees.
| To-day is the last day allowed Mr..
/ Barker to file his answer TO the petition
of Mr.. SOule before the United States
district court to force him into bank
ruptcy.
In the circuit court of the United
I States st Baltimore, on Tuesday last,
Judge Giles presiding, in the case of
Kennedy vs.. Gibson, arising out of a re-
cent failure of the Merchants National
bank Of Washington, involving the
question of individual liability in the
I clause in the general national banking
law. the court rendered a lengthy opin-
ion 10 the effect that no suit can be main
tanned under said clause until the comp
trolIer Of currency has audited the ac-
counts of the i~nsolvent institution, and
ascsrtaiDed, after due notice to creditors,
amount of liabilities.
An old miner writes to the Charlotte
I IN. O. Times, that the gold mining in
terest Of the western part of that state is
attracting a large share of attention from
northern capitalists. The hotels are
crowded with them, and every train
brings mills, engines and machinery, to
be used in working the mines. Abont
eighteen or twenty stamp mills are up
| and being erected four or five Of which
are now in full operation, and at the
Huey mines they have q ten stamp mill
| which is now producing three hundred
/ dollars in bullion per day. Scientific
miners FROM California, with large expe-
renee in GaiSR hing, have examined
the minihEnrerests Of the state, and
have pronounced them equal to the rich
valleys and mountain gOrges of that IA.
nous land Of gold.
The New York Tribune of a recent
date says: There are more To Lets
to be seen ia business streets than have
been noticed for several years, and prices
of real estate, except for special locs-
lions, favor the buyer. The demand for
property is mainly confined to me
dunn and fancy descriptions cannot be
placed except at a concession. The high
prices paid for building materials have
given way, and quotations tend down
ward.