« AnteriorContinuar »
That all just and bona fide land warrants which have been issued by the State of North Carolina, or any warrants issued by the Register or Commissioners of Tennessee, shall be subject to entry on any vacant and unappropriated land south and west of the congressional reservation line-agreeable to the act of 1835 and '36.
On motion of Mr. Brown the said resolution and amendment were referred to the committee on public lands.
Then the Senate adjourned.
WEDNESDAY MORNING, Nov. 27, 1839. The following message from his Excellency James K. Polk, Governor of the State of Tennessee, was announced by Luke Lea, Esq. Secretary of State, and read at the Clerk's table, to wit:
Nashville, Nov. 27, 1839. Fellow Citizens of the Senate
and of the House of Representatives: In pursuance of the 9th section of the Act of of December 5, 1837, entitled "An act to confer Banking privileges on the Stockholders of the Louisville, Cincinnati and Charleston Rail Road Company, on certain terms and conditions," I lay before the General Assembly a statement of “the affairs” of the South Western Rail Road Bank of Charleston, South Carolina, and its Branches, including a statement of the condition of the Branch thereof located at Knoxville, in this Statewhich statements have been transmitted to me by the President of the Principal Bank.
JAMES K. POLK.
SOUTH WESTERN Rail Road Bank,
Charleston, S. C. Nov. 12, 1839. ) Sir: In conformity with the 9th section of the Charter of incorporation of this Bank, you are herewith respectfully furnished with the affairs of this Bank and its Branch as they stood on the morning of the first day of October, to be laid before the Legislature of your State.
There are three statements. The separate statement of the Principal Bank, the statement of the Branch, and the consolidated statement of both.
Respectfully, your ob't servant,
JAMES LEGARE, Pres't. His Excellency, Gov. Polk, Tenn.
STATE OF THE SOUTH WESTERN RAIL ROAD BANK, CHARLESTON, S. C.
ENDING 30th SEPTEMBER, 1839.
684,575 00 Due to individual Depositors,
66,762 11 Due to other Banks,
ASSETS OF THE SOUTH WESTERN RAIL ROAD BANK,
do do, on other places,
Due from other banks,
Gold and Silver,
Charleston, S.C., Oct. 1, 1839.
Statement of the South Western Rail Road Bank, and of the Branch
at Knoxville, Tenn.-Ending 30th Oct. 1839.
Capital of Principal Bank,
1,335.882 84 do Branches,
1,435,882 84 Notes issued by Principal Bank,
684,575 do do Branch,
779,575 Due to other Banks by Principal Bank, 212,090 99 Due to Principal Bank by Branch,
241,436 55 Due to Comptroller General of S. Carolina by Principal Bank,
2,183 20 Louisville, Cincinnati and Charleston Rail
Road Company, Dividend No. 1, by P.
127 30 Louisville, Cincinnati and Charleston Rail
Road Company, Dividend Number 1, by
261 Bank Dividend No, 1, Branch,
425 Due individual depositors by the Principal
813 30 Bank,
66,762 11 Due individual depositors by Branch, 13,925 27
80,687 38 Bank Commissioners by Principal Bank(See Statement No. 1,)
Notes discounted by Principal Bank, 1,005,091 40 do do Branch,
1,258,575 13 Exchange do Principal Bank,
140,853 49 do do Branch,
150,053 40 Suspended Debt by Branch,
62 Due from other banks to Principal Bank, 201,031 91 Due from Agents to do do 31,045 95 Due from Bank U. States, Philadelphia, to Branch,
252,206 25 Due from Bank Commissioners to Principal Bank, (see statement No. 1,)
11,814 30 Due from Bank Commissioners to Branch, 62 501
11,876 80 STOCKS, Viz: Ocmulgee Bank Stock to Prin. Bank,
100,000 State five per cent. Stock do
200,000 City five per cent.
13,475 Capital of Branch at Knoxville, Tenn,
413,475 Real Estate by Principal Bank,
25,000 Permanent Expense,
28,412 63 CASH ON HAND, Viz: Notes of the Principal Bank,
265,445 Notes of the Branch,
32,290 Notes of other banks,
34,474 Gold and Silver,
CHARLESTON, S.C., Oct. 1st, 1839. Liabilities of the South Western Rail Road Bank and Branch for notes in circulation and to individual Depositors, with cash and securities immediately convertible into cash, to meet the same, independent of other Bank assets.
The whole amount of notes issued by the Principal Bank and the Branch, have been $779,575, of which there are on hand $297,735, leaving in circulation $481,840, to which add amount due individual Depositors, $80,687 38, making the liabilities of the Bank on these accounts, $562,527 38. To meet which, there is exclusive of other assets of the Bank, Gold and Silver, $204,924 44, Notes of other Banks, $34,474, of State and City 5 per cent. stocks, $213,475, Exchange on New York and Philadelphia matured and maturing within 60 days $127,053 29, besides funds in the hands of Bank Agents $31,045 95, in all amounting to the sum of $610,972 68, leaving an excess of $48,