The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-09-28
THE CHARITY COLLAPSE.

The President OF the Tenth National
Bank Tells What He Knows About
Advancing Money-The Certificate of
the City That 1t Owes the Bank
$277,93 O5.
Yesterday HERALD reporter called at the Tenth
National Bank in reference to the difficulty between
the banks and the Commissioners of Charities and
Correction. He met Mr. Palmer, the President of
the bank, and received the following informa.
ton -
THE PRESIDENTS STATEMENT.
The Commissioners Of Charities and Correction,
President Palmer stated, applied to the bank for
advances of money for the support Of their depart
ment during the latter part of 1871, and repre-
sented that they had the support Of 1000 prisoners
and paupers on their hands; that they did not
know how to obtain barrel Of flour or pound of
beef unless they could obtain money on credit for
their purchases; that the danger of
closing the hospitals as well as other
charitable institutions was then imminent.
The Commissioners agreed that If the bank would
advance money it should be repaid as soon as ap-
preparations could be procured for the purpose
Advances were accordingly made at the Commits
sioners' urgent solicitation. Upon the assembling
Of the Legislature there was an express provision
made for the repayment to the various banks OF the
money advanced by them for the use of the various
city departments and commissions, in chapters
and 20 of the Laws OF 1872 passed respectively
on January 80 and February 9.
THE COMPTROLLER
Comptroller Green has been frequently applied to
by the commissioners Of Charities and Correction
for the repayment of this advance and he has con.
tnually postponed and delayed its settlement. The
bank applied for mandamus last June, and upon
the return day the counsel for the city declined to
argue the case, and assured the counsel for the
bank that the account of the Charities and Cor
relied upon this assurance which has not yet been
realized. The Bank, consider, Is
for the collection or an honest debt, and has
merited none Of the odium which it has Incurred
either by the contracting or collection of this or
any other OF its accounts.
REPORTER-Can you show me any documents In
PREsIDENT-Certainly here is the certificate Of
Indebtedness Of $277,oS2 o5 Of which you can take
copy.
CERTIFICATE OF INDEBTEDNESS.
DEPARTMENT OF PUBLIC cHs Nuy vo AND Go
This eertiaes that the Mayor, Aldermen and md Com
Hsnh % Bank a %i'S .n to sas
sted for such purpose to the Board Public and
$Eia ' ;sISa $:
payment Of our claim by the Commissioners Of
Charities and Correction made on the 18th February
and sth May. 1872
COPIES OF TWO REQUrsITI0Ns ON FILE AT CONF.
TROLLER'S OFFICE.
DEPARTMENT or PUBLIC CHARITIES AND CORRECTION \
CORNER OF THIRD AVENUE AND ELEVENTH STREET,
At meeting Of the Board q Of Public
Charities and Correction at their office, the above
mentioned day IL resolved That the President this
Board draw his requison the Comptroller of the city
of New York to issue his warrant payable TO the order
Of our President, James Bowen, owen W. Brennan,
sns due Se rs OF s
1871 ISAAC BELL, President
JAMES BOWEN.
o. w. BRENNAN.
ALEX FREAR.
JAS. B. NICHOLSON
S27932 o. interest due October l, ISL Claim, sSsl.
DEPARTMENT OF CHARITIES AND CoRsrcrIoS,l
New YORK, May 8. 1871
The undersigned, Commissioners Of Charities and Cor
recon of the city and county Of New York. do hereby
certify the Of 7gj2 05 due the Tenth Ma
tional Bank the LIST day Of October ISL for ovcrdrats
made by said bank prior 20 that date expended
salaries and of the employees and for materials
and supplies furnished for use q this department.
JAMES BOWEN, commissioners of
o. w. BRENNAN, ! Public Charities
j. b. NICHOLSON and Correction,
Correct-E. NJ. LAWRENCE Cashier
PREsIDENT-You see our statement OF affairs with |
reference to our account with the Commissioners
of Charities and Correction is not very coInpll-
Gated one. The money was badly wanted and we
advanced it, and now we are having TO undergo all
the difficulties imaginable to get 1t back.