The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-09-06
MEETING or THE NEW ORLEANS
CLEARINGHOUSE ASSOCIATION.

! A. 1nocsin: o: this Association this ,rornin.:
the following conlini.ie. re.'or: received and
unanlmcusi. adopted, .os. ..og will. Ill. ..sc.u.
tions anncXed:
| Tie comnlttcc appointed ~ the last me-. TIM.
OF tle .!oarn. -llous. 70 examine, ia. affair. ~
I the sitizcns Bank, now suspended, be, .ca,c I"
! respectfully report rs follows:
: That they hay, examined I'll. stasomen: pre-.
stntui to tnc,n Ot til" portioIlp, real estate and
! Other assets " til. banking department - sad
/, bank, and that they lind them vi value iargel.
. in excess of the cash llabtIe. o. said bank but
they are :ot OF character lmneiGt.. araiia-
bic 10 pay OF said cash liabilities. TIL. .omuI.t.
tee do not hesitate I" -, that within t.. coming
twCly. months SlC-. assets will bc available Tor
that rnrpcs and u .! urob..blt! in much
. less Snc.
The committee tooi into consideration In.
. matter Of calling upon the associated banks ~
the Gearing House Ior loan to -. made to the
Citlz, IL Bank for the purpose Uf covering the
amount due depostors and distant domestic
the opinion that at the present moI.cnt such
cours, Is not deemed advisable.
The Committee cannot but regret Una. .ii wa.
not asked fol IN time - have avoided susItn,lui,
ar the bank i. undoubtedly solvent.
The Committee ha,, further to report tina, The
bank is taking checks on her deposits III payment
IF all dues t. !c'!. tl1 ianhia, and mortgage
rartments.
to tn, President Of tic Citizens Bank tic pro
lri"ty OF Issuing 70 her deposition. certified
.ht rs certificates If deposit iy which Ler DE-
posii. could H., maI4 available for namt date
u r,Saltlcs. Shout th. " required ny dcpos4.
Tors.
The cash liabilities. - III. Tank are -. 500 900
Assets N round n5ur's -.............. 800 900
OF this 81 $4,000 thc.. is at least . 800, ocoa
available, Ill tue next twelve months.
Al ~ -hicA IL Especially submitted.
l.. IRWIN,
:. II. kLSNLDY.
Z. kOHN
GEO. JONAS
Nh. s. PIKE.
Attest l. N. MAYNARD,
secretary \. o. Clearing House Association
Sc, t.mbcr q, 1874.
i..Sorcd. That tic Clearing House deem il adj
.l-abi, to declare to the puDilc their belief and
entire conviction Ill the sclvcncy and safety OF
al the banking institutions connected with this
Clearing House.
R.Sotrcd That We d,rrecatc and deeply regret
t" find any disposition on the part of the puollc
70 exhibit any want Of confidence in the safety Of
their deposits any OF the banks of this as~ocia
ton and 70 draw deposits from one bank to b.
placed i'll another. Such want Of confidence can
ol lead te serious injury g our whoc com
nunty.
HcSotrtd That VIC pledge ourselves as men,
bers Of this Clearing House to do all in our power
to countcract any such disposition or feeling and
ability.
E,Seir,d That these resolutions he published
IL the papers Of this city.
Passed unanimously, sept. 5, 1874
J. \. MAYNAED
Secretary New Orlcan Clearing House.
In consequence Of The action Of the Southern
Bank il demanding tncy only in pay ment vi 4
Obligations due said institution, ana with the
view of protecting the interests Of this commu-
ni'y. be il
Res2trcd, That from and after this date lilo
checks upon an, institution, not member Of this
Association, viii not be received by the banks .
composing the Clearing House issoclation.
Attest. L. n. MAYNARD
Secretary \. q. &. IL. AssOcIa tIun. !.
Unanimously passed sept. >, lS7i. I.
ASSESSMENTS Nos. 40, Ill l.. and Us. See .
specia notice .oiun,n. Deaths Of l. &. McLcarn \
c. Schneidcrsr. Peter Wercke and T. {. y. Bar.
bier. payable at the Office os th, Mutual Aid and \
l;enoS olcnt Life Insurance Association o. Lou. T
.s!ana. NJ. - Camp stre... 81 il
LIZ II 10 borne in mind.
Lea II l., borne il mind.
That Ill the next singh, number lottery,
That III the next ,ingl. number lottery.
10 ht drawn September II,
To bc drawn September II,
Their, ar ten thousand numbers.
There are ten thousand numbers
Two hundred and sixty prizes,
Amounting to SO, %.
FLOUR, BACON, En-. The attention .. .hc
rade Is directed to tho advertisement Of Messrs.
Keep & Raymond, Il and ~ ro.dr,s street, Who
nave for sale large lot Of the celebrated
Plants" hour, for which they are agents. They
nave also full supply Of bacon. su2aG-cUred
Jams, refined lard neal, mess pork, tic.
We notice that those Old tins and hi .ht r..
pect ,oie merchants, Messrs. A. I. Bennett 4
o., have gotten to b. snusly and conIe ntlv
INed IN their spacious new quarters, OF IcIJu-
Ntouas and IL Peters streets, whtre they are
cad! 10 eceive then friends AM ill II ORDERS
nth tAc utmost dispatch.
A Brooklyn girl. VII, has been reading
omcbody's statement" went into dry
GODS store the o,h.r IA, md asked fer 4 I'd