Bank Of England.
The Times, 1824-12-13T00:00:00

[From the Slar.1 It has beet, erroneously stated, that the Bank of England refuses to replace the stock withdrawn by the forgeries of Mlr. Fauitleroy. The Bank only requires, that as tbe produce of those forgeries was paid into the banking-house of Mestre. Marsh, Stracey, and Co., the Individuals whose stock had been so transferred shall prove the amotint, and receive a dividend upon that proof, under the commission of bankruptey issued against Messrs. 1arshvStracey, and Co. Upon having an assignment of this proof the Bank de- clates its readiness to replace the amount of the sto'k so sold, and pay, the dividends due. Nothing cun be fairer than this on the part of the Bank , but if the wvhole of the forgeries are proved under. the commission, the dividend, we suspect, will be very trivial indeed. The following is the form of the letters addressed to the different parties under whose forged signatures the various sums were pro. cured. We suppress the names of the parties, and the sums in stock, in the present instance, not wishing to give them any unne- cessary publicity:-. "XNew Bank-buildings, Dec. 4 l124. '4Sir,-The Governors and tirectors of the BankofIngland have had under their consideration vour caims on behalfof to have replaced - - Navy 5 per oent.which formerly stood in her narue. They find, upon inquiry, that the stock ir question was sold and travMferred by one of the partners in the late firm of Marsh Stracey, anet Co., and that the produce of the stoWk was paid into the funds of MIessrs. M1arsh, Stracey, and Co. She has, therefore, as the Bank is advised, a right to prove the amount received on her account, and to receive a dividenA upon tbat proof under hlessrs. MIarsh, Stracey, and Co.'s commission; and we are directed by the Governors snd Directors to request, that sueh proof mray be tendered and enforced by petiton, if it should not be admitted by the Com- missioners; after which the Bank will be ready to replace the amount of her stock so sold, upon haYing an assigu:nient of her proof; arid the dividends. on the steek so replaced, ~which accrued subse- sequent to the latest peridd at which they were credited to her by Messrs. Marsh and Co., will also be paid to her. "' We beg to add, that we are ready to afford you informationi and assistance as lo-the evidence by which Iser right to prove will be established. "1 UVe are, Sir, your most obedient servants, "FRESHFIELD and KAYE.'$ New Bank-buildings, Dec. 4. 1824. " Geatlerrien,-The Governors and Directors of the Bank of England have had under their consideration your claim to have re- p aced thesuna of - Navy Five per Cents. which formerly stood in your names jointly with that of _ They find, upon inquiry, that the stock in question vaas sold and transferred, in YOuruasues, at two separate thies, by twvo of the partners in the late lirmof Marsh, Stracey,. and Co., amely, MIr.Stracey and Mr. araham; and that the produce of the stock was paid into the funds of Messrs. Marsh, Stracey, and Co.: yoa have, therefore, as the Bank i6 advised, a right to prove the amount received on your ar- count aud to receive a dividend upon that proof, under Alessrs. MassA Stracey and Co1.'S cMr,mission; and we are direeted by the I tqveAors and Directors to request that euchl proof may be tendered and enforced by petition, if it should not be adinitted by the Coii- missicners; aler which the Bank will be ready to replace tho amount 6f yeonr stockh so lold, uponr having an assignment of your proof; abd the dividends on the stock so replaced, swhich accrued subsequent ts the latest period at whicl they were credited to you by Mtessrs. MAlsrsh, Stracey. and Co., will also be paid to you. "Wle beg to add, that we are readv to afford you information -and assistance as to the evidence by v hich your ight to prove wili be established. We acre, Gentlemen, vour most obedient serrants. "FRESRFIEL) <-id lArE." BAN'K UF ENGLAND.