, 1870-02-10
Tho National Bank of Commaron
=, nj ~~~-A@Ae0A W.

Tie Beard OF Directors Of thJa bank
In co1eequeuce Of the statements OF the Ttmes
te"tpoFtf Of tht8 city, in fts fssues Of jam.
ny 81 and toe 1st Inst, de1ogasoTy 70 the char.
sctsr and responsibility OF tatd bank, appointed
Atssrs. F. N. Corby, E. A-OtIs, snd John F, E,er.
cart ccumittee to examine It once fully mo
TIC ccEdilon OF the bank, and make report Tna
eonElttee made tbs examination and REPORTED
''that tneJ bad performed that duty BY count
ltg the cesa o. hand Tuesday. Feb5u.ry
!, after the close Of business, and COM
pared the same With the entries On the
nso1s PC e lhe bank, and found them to agree
aoa DC 3s1rees The bills receivable aud diseo1nis
amount entered on the boaks nld fouId 10 aefes
heftwitn. That they carefully examlped All Of
possesSon Of the bank, md believe them to be
good, seitahle paper, Hhlcn will b promptly plld
At Eatart!y, and ihnt no los Whatever nad bsen
iteo The tooka.ot said tlnf, and btl.eTe them to
he cerrectay Kept That, aller examining the a..
Of o:ner bar IL belonging to thIs basf. tneT are
fnily conEILced Of tho perfectly eonud condition
o. o. ne BAN; And thar they navs entire confidence
Of its 1nnds IN the lrarcht.es Of tns Nstiuus!
B aDts held By this ASSOCIATION y
dent 10 rtaues NJ C. B. f. 1e tas sas uoyrfa rfs1I
Henl 63nk Hxhnintr OF this district, TO make an
i!felnSaucn Immediately Into the AFFAIR." and
an exlfaoldlrAry GEE, permit report CT bis ex.
animation to be made 10 the board Of this hsns
3o1 m, P9p!ieanon; To!l9Hinx TIE pIeeeeeet estAo-
70 nppeMed before the pubic In cases Where
harks FAD been assslled. he con1eEted; and Nj,
tn!Eation. lii. Srlakx report, approved b7 Nj.
FarEeD, II III follows:
Tothe President and DIRECTOR ey IL yationaI n.nt
Gf Co7n1nfTce, Chicago.
GG1LkNKN; 10 pursuance Of the resolunon Of
ta1k, AID report ii tne ssms % s, yoa, I hsye hs
DADS thorough eIAnInatto OF 1t& condition and
anatrs, and oeK leaye 10 report Is follows: I nud
par!lf q faEorab>y with that generally held by
b1tkSs AID the accommodations well distributed
loan; and no Eufrtnded or bad paper, and nous
snch has been tharEed or tn pro1t or loss ac-
co9nt- The boots arc well Kept and In excellent
Jocr deposits and CALCULATION IL on hand. The
pTon.a Of the Institution, thus far. hare been very
nattsIlIe, and the tank has betn usnnged win
have gwen special attention to the matte, Of
fraLcaisss Of other banks held by Joor., wntco
ps o. J1a. ana n1a
,, ,ns Sond. reg ~ nm - .eeu1!y Ior thrr ctca
1eoeenedt Jou viii be enabled. through youf rnr-
chsee Of tne ooLds and rtGnt 10 re- tsfue It crr1.
TO an snlcnpt corresponding With youf capital in
accGiaa1ce With The pfoststops OF tue National |
lhe &C. r. s1s ,tS to ade 70 .. s.s
fecords haa been ordered, Ii fuiiJ paid IN
. AetRo OF thete oAnA hare been In voluntary
Iqu'oAaon over year, Jou are1 uodtr this bank |
Treasuref Of the Uniied ststes Of Iegl.terder
nctea 10 tie amount Of their cutdtandtnK ctrcua-
tioD. atd withdraw the bonds lef. ~ security
therefor. 10 thRt shcud Jou 70 eject 5ou eau con-
vert your tntreat In these bonds Into money and
realize on them a anJ une. A few more moaths
VIII place the other two bkutt on the same loot
iEV; II the meantime, these fraucntees Ase sub.
lect Of EAle, the same II any other asse,s When.
ever customer for them olTerA
The Instructions Of the TTcAlQrY Depattment
GiIecs al AMts!ant TreasnIets md designated
Bsnka desStaad Al Depos1tartes, 70 assort and |
IedEen the notes OF the banls whose franchises
you own {EmonK otherh IN voluntary ucu1datlon}, |
N MWfu money Of the utited States, on prescnt1.
t,on thereof fot tost purpose, and that would !
seeM 10 be At least Al amps provision for tho !
redemption OF the calculating notes Of banks IN |
voluntary liquidation Al the legal reserve Of NJ
teen rc1 cent ttor co1n:r5 banks} could possibly
Tbs Mrre amount Of interest you receive |
capitAl provides yun with lsrgt and regular In |
come a. 1oug a. Jou eject to hold the boEds ADD,
70 tbat extent, 10 protection xf11E: tEeI depre.
clts'on: AND with tho knssat1He4 J0ur bank poi. |
seseee, aId Proper management It should cont,n- |
ne to be tucoeaSf1l Institution, femunersuve 10 !
lis ktoc4holttrs and Gn;lued TO the confidence
ARD support Of the bdst1eas comEuuitJ. Yours,
truly {ssgpe1h ALFAkp 5F1kK.
NJ. Alfred sni1k having made the examination |
OF kne ha1oral hsnk OF Commerce Of Cnlc1Eo,
3nS direction, hereby accept and ar1rove hls
renoft Gc,yen soovel N the prem SEE.
he"erfnR the fcrtEo:ne will furnish complete
ftfuta:foo OF The Etrcturta OF Tie 7Jgs II IL ra.
specially submitted to tho PUBLIC.
A. VANCE RxowN, Prcgtdent