, 1875-09-04
eood Progress Reported by tho
Gold Bank and Trust
+. 9panys
A Verdict Of Accidental Death in
the Case Of Ralston,
liability Of tho Stockholders of
the Bank Of California.

putnblo authurty, tint thu businuss OF tho ban
will DO closcd up as 1t affects all tho crotlito,
ahd Btockllotdsrs, In tho most adyantageou
war. Timo will ho elveu to debtors who nro ut
able 10 meet their bll1s. but MI effort will b
mado to collect aaaots as soon as circumstance
permit. AZ fast as tho cash should DO available
tho indebtedness of the bnnk vii! DO paid of
Whom tue affasra Of tho bank ata|i hayo bee
cleared up. tho eyn1lcate will takn Into consid
GRAFTON tho advisablonosa of continuing tho OIL
organization Or starting now ono, or Hhstcve
other course it viii be bost TO take.
ANOTHER STORY.
San Francisco, Sept. 3.-Tho flnanca! out
look improves evory day. General business ha
fesumed its usual cAannols Large amounts o
cou have recontly boon thrown on tho lnarke
from tho Troaaurv aud Mint, to which vii
probably be nidod s2u0, ,0U0 tomorrow by trans
Dank and Trust Company. Thfs tenis to make
mobey much easier, aud tho affairs Of tic Bank
Of California afo progressing fayorably.
In an Interview with prominent gentto-
mon Of tho directory this afternoon,
, aEe vors were given that tho bost prospects
existcd for spo.dy reopeuiug. a guarantee
capital 10 tho amount Of eeyoral 1ntjliunH las
bcon already subscribed, aud more IL promised.
Tho creditors o1hbs q disposition to grant rca-
6onacla extension OIL thoir dema,,1s mid stocL-
IL
pIess thoir willingness to cutter into tho pro-
posed arrangements. Further examination into
tile state OF tho assots warrants tho
asuar'ion that their condition Ia better than
1t first supposed. Tho Directors at present
prefer to make public no dotRcled etatonent as
to the aaaata aud liabilities, though information
WaH privately afforded to asaiat III obtaining =
general knowledge Of tho condition of tic Lark,
Whicl! goos FAY to confirm the recent favorable
repor!A. No deauito timo is statcd for reaurnp-
t!ou. but q delay of about two wooks uas ill.,
tended. Ut which time full! statement OF ita
afTairo gill be made public.
Ban FRANCISCO, Sept. 3.-Tho opening Of tho
Mosc1.ants' Exchango Bank aud tue prospect Of
the Immediate resumption Of tho .Dauk Of Cali
fornis catioo the bost possible focltng fu busi-
ncta cncles. and with tho exception of tho Clog
abg Of tho Stock noard. buA,neBa has practically
sctsien duwn to tts usual routine. The timo hns
not yet been liked for the reoponing Of tho bank,
aa much work rematua 10 bo dono In tho e1ami-
nation OF t!lo accounts. 1fr. Na!ston's SUCCESSOR
ts nat yet decided upon. At present D. q. h1ills
is at tho load Of snalrs. The amount OF tho
nnw capital subscribed Ii $4,so0, 900. The bank
affairs will be taken In cllnrge, and tho husneaa
Managed As hstoEo tho fail.ira. until the assete
alo Collected aud al tho duhts aro paid, Tbs OIL
ga.emonts Knd obligations Of tho bank will be
aoxainsed quietly md psudently, 30 ~ 70 restore
tho city Ct sny eutlcipation Of injury iu any ro-
spece. Tho Stockholders ayo expected. tu their
own intetcst and that Of tho city, to elyo tho
vy!a'cats ,.n controlling insoross IN stock, and
Its absets have been rea1ized, tho beneflt acoru-
'ng w'll 10 distributed among the ntocklolders
pro rata.
New YONG, Scot. s,-The Unitod ss.tss Trs.s-
nry transferred TO San Francisco today $3.50 900,
fotn!a being 81, quo, 900.
a dispatch FROM 6an FrancIaco Gays; sd, O.
Mttis, tho President OF tho Dank Of California.
authorizes ihe ssatenent that tls capitalists Of
. LIZ cltv wlll subscribe sutllciant to take tho
e.oeK y " Tue bang and guarantse tho stookhold-
G ots 4 asalnat loss: All claima agaiust tue bank
>''@'D ''1'''A'''
THE STOCK EXCHANGE,
r, eAS fAASciHco Sept. 3.-The San francisco
ssnck E1chauRo bold moatiug today, Two
hundred and fifty thousand dollars wea aub-
aefaned \ to Tho guarantee fund OF tho Bank Of
S:aEiorna. ! subscnptlons Here made bv To-
fro sasn members do H. the aggregate
PROBABLY n reaumo ita sessions until lilo |
l'ank 3nk begins payment aud ia tho moan
,ae U. WILL dlBcourags any business on tho |
atleet. Private Transactions we're mndo,
20 c.litern!s, g.; ophir. %; Crown foint,
-; lost & D., 40 bid; g. 4 e., ID: Yellow
Jacket. IS; Detchor, 81; Mexican, N, rhe hast
u 'eeans prevails among tho tzokors.
1ha Inquest Into tho case Of Iialntou conclndsd
o,uay. The report OF tho chemists showeG M
Of poison in tho stomach, and The iury
oluIl'cd verdict Of accidental death from CON
|eSslon T "a OF vital orKaue and drowning.
Ihe Nallonsl AoId bank aud Trust Comp.nv
spoft good prospects OF carly resumption.
THE SAN YnANc1sco MINT
HtAaan!aornS, y. c., Bept. 3.-1he Director Of
he sliut At san francisco Won't tic following tsl.
f1an tsom ,at clty to t!o soctetary OF tho
goid co!n may DO transferred tron, tho Duiilon
aaa = % tho Treasury, without luterfellp9 with
ue !, prompt payment Ut bullion deposits and pur-
nshss nas 1y tho Mint Which Ia refining on larger
cale' business Ia improving, aud will aonn |
ao7e toruattl On moro solid basIs."
11n1tdGT OF TILE srocxuoLuEna or Tu. paar Or
CALIFORNIA.
= HsSocIATEn ~ 4 e pnfas orylcK, New Yonx, Sent.
noni9.ra ms t.,s adnor o1 he |porld: An "Anxious
1plsin whether tho "cl,srtcr 81 tho MM1ess M.ms ~ ~
'aA!orntA u maksa It's "atookholders Ilahin yor
10 10 aeeH , o. Tho bank" Il yea, whethes thsy
tbe b.pts sst ipds ses 1l.htiss" to tho s1tent
Willing TO contribute snv
III 'n ~ T'haa ts ny power toudng to throw 1noro
na,zon., W. 'ae Sase reply, The extent Of ths
~; ""a.,,n4, mspAty Of the atockholIers IN =
\ 60 not 1eal eontdaat to otfer m sntbo,i,.t
pihaoa: Ia.s Ihe following facts, howevor nss
n1e!e 1. otho5a to Judge TOR thomssiyos i''t' may
forhtda H. nn;. constitution Of California eph..c,
10 Following provisions. to-Nis "TF'~'' a5o"
AIT. l. Hxo. !. Corporations nav .
sas,a sws Gt :ha MT o. ertad br ,n@e1e 30 1aass
azo. n. Tho Iegt&lat tufs sAau aae. NJ .,....u
~ as g.an.se snx eAart:. ~ aa1i,q parross. na
o soa s5 IN = .sa, dp'a uadss ass os
i follows from the foregoing that thu n..,.
sl'totuA LAS no special charter uoxa,,H1s ~ =!
qetas!ons or lntipg its lAb,I siss, as ]
Iae General Incorporation Ct uudsr vh1,h
y esnk ~ originally o;ssmzsd waa thought