Clinton County Bank (Plattsburg, NY)

Episode Information

Episode UID
4600888590504
Episode Type
Run → Suspension → Closure
Bank Type
state
Bank ID
460088859 hash
Start Date
December 17, 1841
Location
Plattsburg, New York (44.699, -73.453)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8f658b4a6aef6177

Response Measures

None

Description

Newspapers use variant spelling 'Plattsburgh' and show receiver H.K. Averill; bank remained in receivership and later listed as insolvent.

Events (4)
1. December 17, 1841 Run
Cause
Local Banks
Cause Details
Agencies at Albany refused to redeem Clinton County Bank bills during a broader local panic affecting multiple banks; one director's remittance arrived too late to prevent the refusal.
Measures
Agency refusal to redeem notes temporarily; directors expected agency to resume in a few days.
Newspaper Excerpt
the refusal of the agency here to redeem the bills of this Bank ... the panic is subsiding
Source
newspapers
2. August 10, 1842 Receivership
Newspaper Excerpt
H. K. Averill, the receiver of the Clinton County Bank, has notified the creditors of said bank to exhibit their respective claims ...
Source
newspapers
3. August 10, 1842 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank moved into receivership/insolvency leading to suspension of normal operations and appointment of a receiver.
Newspaper Excerpt
H. K. Averill, the receiver of the Clinton County Bank, has notified the creditors ...
Source
newspapers
4. June 6, 1845 Other
Newspaper Excerpt
Comptroller will redeem at par the outstanding circulating bills of ... the Clinton County Bank; Receiver Henry K. Averill, Plattsburgh.
Source
newspapers

Newspaper Articles (10)
1. December 17, 1841 New-York Tribune New York, NY
Article from New-York Tribune, December 17, 1841

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CLINTON COUNTY BANK.--The Plattsburgh Republican of Saturday, speaks of the fact of the refusal of the agency here to redeem the bills of this Bank, as nothing unusual, but as the result of a panic, which involved other Banks as well as the Clinton County. And it adds in explanation of the panic' in regard to that Bank: " It so happened that one of the directors with remittances, did not arrive in time to prevent the occurrence. We understand the panic 1$ subsiding We have no doubt but the agency will be resumed in a few days. There can be no loss to the billholders or depositors in any event. The directors have entire confidence in their ability to meet the liabilities, and we are happy to say that the publications referred to, have produced no alarm or excitement in this vicinity. The bank redeems its notes whenever presented."

2. December 20, 1841 Vermont Watchman and State Journal Montpelier, VT
Article from Vermont Watchman and State Journal, December 20, 1841

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Banks wl use notes are not redeemed by the Comptroller : Alleghany County Bank, Washington Bank James Bank, Bank of Buffalo, Commercial Bank, Buff Sr. Lawrence Bank, Commercial B'k, Oswe. Staten Island Bank, Clinton Co. Bank. Bank of Olean, The Clinton Co. Bank at Platteburgh is included among the irredeemables, but the bank is probably good. We find the following in a Plattsburgh paper of the 11th instant. CLINTON COUNTY BANK. It appears by the Albany papers, that during the late panic, the Bills of the Clinton County Bank with others. were refused by their agencies at Albany on Monday. Such an occurrence we believe is not unusual. It SO happened that one of the directors, with remittances, did not arrive in time to prevent the occurrence. We understand the panic is subsiding. We therefore have no doubt but that the agency will he resumed in a few days. There can be no loss 10 the bill holders or depositors in any event. The directors have entire confidence in their ability to meet the liabilities, and we are happy to say that the publications referred to, have produced no alarm or excitement in this vicinity. The Bank redeems its notes whenever presented. The Ogdensburgh Times states that the St. Lawrence bank will resuine within the time rc. quired by law - e. ten days.

3. August 10, 1842 The New York Herald New York, NY
Article from The New York Herald, August 10, 1842

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MONEY MARKET. Tuesday, August 9-6 P. We have no new features to remark at the Stock Board to-day. Sales were as usualsmall. Farmers' Loan, fell 1; Utica and Schenectady, 1; Harlem, improved 1. After the Board a public sale of State Stock was made at auction, with the following results:17} $11,000 Michigan 6 per cts. issued to Pontiac R.R. 16 10,000 Illinois 6 " " J. Delafield, Esq. " 6 10,000 " Po*keepsieWh'ing Co.17} The Illinois bonds at 16, were bought by a broker, un. der the impression that they were available to meet contracts. They are worth 11 per cent. The situation of the Alabama Banks is truly ridiculous, particularly the branch at Mobile. It is notoria us at Mobile, among buainess men, that not an individual in that concern has business capacity sufficient to fill an ordinary clerkship. The affairs of the bank are a perfect riddle, and its assets or liabilities could not be arrived at within a million of dollars. The whole Banking concern of Alabama is one of the most absurd farces that was ever got up. The wonder is not that specie is worth 65 per cent in Mobile, but that the obligations of the banks are worth any. thing. The only circumstance that makes them worth anything whatever, is the blind credulity of the planters which induces them to give their produce, the result of their labors, in exchange for it. The,plea is that they can pay their debts to the banks with it, but they could do the same thing if they sell their cotton for specie and then buy their bills with the specie. For instance, suppose a planter has (10,000 lbs. cotton; if he sells it for specie at 5 cents he gets $500, with which he may buy at 65 per cent $1,428, paper dollars, and pay his note at the bank. To do the same thing and receive paper, he must get 14 cents per lb. for the same cotton. If, however, paper is generally refused at any price, it will fall very low, and he may buy $2,000 with $500 of specie, because the demand will then exist for the bills only from those who owe the banks. The demand for circulation will cease. This simple fact of the refusal of paper and the demand for specie, will fill the State with a sound currency. It is utterly impossible that the present state of things can exist more than a few weeks, or months at the outside, and any political party that is insane enough to countenance those farcical banks will be destroyed in their fall. H. K. Averill, the receiver of the Clinton County Bank, has notified the creditors of said bank to exhibit their respective claims, with the vouchers thereof, at his office in Plattsburgh, en or before the first Monday of March next. A meeting of the stockholders of the Atlantic Insurance Company of Boston, is to be held in that city on the 11th inst. to take into consideration the expediency of closing the concerns of the Company, and the transaction of such other business as may legally come before them. The following is a statement of the State Bank of Illinois and branches, July 4, 1842, and Feb. 7, 1842 :STATEMENT OF THE AGGREGATE CONDITION OF THE STATE

4. August 29, 1843 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, August 29, 1843

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Iem s. Mohawk t. Not much doing in Exchanges. Sterling is9a91; Francs 5.264 5.25. There will be some specie shipped by the next French packet, but probably not large amount. Mexican Dollars are worth 3 premium; Spanish 3 a 6; Five Franc pieces 93;a 932c. It is stated that the Oakland County Bank, Michigan, has been bought up by the Bank of St. Clair. This latter Bank is mainly owned by Jesse Smith, of Ohio, and having already as large a circulation as the law allows, the Oakland County Bank is to be used as a sort of tender to increase the facilities. Smith is very large operator in Banks, produce, &c &c., has his head quarters at Newark, Ohio, and, it is said, carries all his accounts, books, &c. in his head and hat.Rather a loose method, it must be admitted, of keeping the details of an immense business like his. of A considerable proportion of the Bank note circulation Ohio and Michigan consists of Bank of St. Clair paper. J. The Mechanics' Insurance Company of Newark, N. has declared semi-annual dividend of 5 per cent., payable cathelst of October The owner of the New-York State Security Bank, with a view of going to Europe, has, since last January, ceased loaning and issuing notes. On the 1st of July last the CITculation was reduced to $486. The excess of rolls on the Public Works of Ohio for the five weeks ending July 31st over the same period last year amounts to $39,365 78, certainly a most encouraging and remarkable result. The Banks of New-York are in debt to the Philadelphia Banks one million of dollars; and it IS in contemplation to put New-York funds at discount. The following letter from the Receiver of the Clinton County Bank, addressed to Thompson's Bank Note Reporter, will be of interest to the creditors of that Bank: PLATT$BURG, August 10th, 1843. J. THOMPSON, Esq.: Dear Sir: According to my report of the 30th of July, 1842, filed with the Clerk of the Fourth Circuit, the estimated net value of the real and personal estate and debts due to the Clinton County Bank, amounted to the sum of $106, 252. From this amount should be deducted $40,000, the timated value of the Comstock and Melatyre mortgage, the Commissioners of the Canal Fund having & prior lien to the value of the property. Since that report, it is pretty well ascertained that this amount cannot be realized, unless the creditors of the Bank and bill-holders avail themselves of the liberal order of the Vice Chancellor, allowing them to purchase the property and effects by paying only one-third of the purchase money in current funds, and the balance in the bills of the Bank, or claims allowed against it. This, as yet, has not been done to any extent. The debts due the Bank are collected with a great deal of difficulty, and, in order to make a final close of this matter, it is contemplated, this fall or winter, to apply to the Vice Chancellor for an order, authorizing me to dispose of the remaining effects and securities of the Bank, due or not due. at public auction, when the creditors can have an opportunitv. they choose. to purchase rather than have the property sacrificed for nothing. The claims presented and allowed against the Bank, prior to the first Monday in March last, amount to only about $20,000. The large bill-holders, having been previously secured for their interest, did not present their bills to the Receiver, which accounts for the small amount of claims allowed. Thus you will perceive that, if the property of the Bank is not sacrificed by the negligence of the creditors, there will be more than sufficient to pay off all the claims allowed, and leave balance for the benefit of the Safety Fund. 1 am, respectfully, yours, &c. H. K. AVERILL Receiver of the Clinton County Bank. By the official report of the Bank of Silver Creek, the circulation 18 $75,329; deposits, $30,977; due Banks, $1,470; $12, profits, $3,124; loans and discounts, $72,253: specie, 256; Bank notes, $7,815; due from Banks, $24,343. The receipts on the Buffalo and Attica Railroad for the four weeks ending August 20, were $6,310 94, exclusive of mail transportation. The number of passengers was 9,630. Expenses of the Road, $1,305 76. The Road is 32 miles in leagth, and cost $259,366. The personal property of the Company is worth $31,307 The Carthage (Ohio) Convention passed an unanimous resolution that the nominees to the General Assembly be instructed to oppose any increase of the public debt of Ohio, and to use their best exertions to provide for the prompt paymeat of the interest and speedy redemption of the principal of said debt. a The shipments of Coal up to the present period show considerable decrease from last year. Ther are as follows: 1843. 1842. 331,455 307,647 Schuylkill 100,875 104,235 Lehigh 100,000 Lackawana 100,000 25,000 40,000 Susquehanna 50,000 100,000 Overstock April 607,330 687,882 Total The Buffalo Commercial Advertiser says, very pertinently, that the counterfeiters are now engaged in the most extensive frauds which have marked them for many years.Scarcely any of the Banhs which obtained bills under the new law but what have been counterfeited in the new emissions. The country is full of this trash, and dealers must be keen or they will be confoundedly gulled with it. The by. latest detected were 3s and 5s on the Exchange Bank, AlbaPaper white and flimsy. At New-Orleans, on the 19th, there was no material inoff crease in the amount of Bills offeriug, but a further falling in the demand has produced a decline in the rates, particularly for Sterling, which We now quote at S st per cent. premium. Francs, also, have given way a little, the high ratus asked having induced some considerable remit. tauce in specie, which would already have been carried to greater extent but for the fact that holders of Mexican dollars now demand & per cent premium. : Mobile, on the 19th, with an extremely limited quest, and adequate supply, the market for Exchange has rebeen downward. very quiet the decline for two in weeks that past, period with gradual tendency both in Bills and Specie; the little inquiry being which all per 18 cent enced being for New York Bills and New-Ocleans Funds. experiThe Bauk of Mobile resumed checking on the North week before last at 19 per cent. MORE NEW COTTON,-! bale of new Cotton was ceived in Macon on the 19th inst. and sold at 6 cents. re. In Savannah, on the 21st inst., a bale of new Cotton was E. ceived from Macon. It was grown on the plantation of Henderson, lb. Esq. of Houston County, and sold at S cents It was fair. On the 16th inst. bale was received Montgomery, Ala., from Henry Lucas, Esq., which was syid ei S; cents. Another bale of new Cotton was received at New-Orleans on the 19th by the steamer De Soto, Capt. Scott, from the plantation of P. H. Harbone, Point Coupee. The first bale was received on the 6th of and on the 19th had been 260 bales, with sales of 143 28/c the last receipts year August, bales at per 1b. for parcels of good middling to fair. Markets-Carefully reported for The Tribune. MONDAY. August 28. ASHES.-There is a good demand for Pots at 371, bbls. have been made to-day at that rate In Pearls we hear of 100 Holders are very from. bbls. 5311. The market is rather easier for this description. market is firm at the The disposed to press their stocks on the market fac have been but moderate 11 tors not being consequence COTTON.-The operations of very to-day, advance, partly about this firmuess. The stock is estimated bales. We continue our quotations. and FLOUR the AND MEAL.-There is fair demand lots market. having been nearly cleared of the occasiona to-day do not offering sell at low rates, IS more firm. The large receivers or W. but shippers do not give the market den quote for England, at current rates. There are yet some unfilled price Genecee 411, with fair sales; Michigan and Ohio

5. June 11, 1845 The New York Herald New York, NY
Article from The New York Herald, June 11, 1845

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REDEMPTION OF NOTES OF INSOLVENT SAFETY FUND BANKS. COMPTROLLER'S OFFICE, Albany, June 6th, 1845. COMPTROLLER, in obedience to the Third Section THE of the Act, Chapter 114 of the Laws of 1845, hereby gives notice, that he will redeem at par, the outstanding circulating bills of the Commercial Bank of New York, the Bank of Buffalo, the Commercial Bank of Buffalo, the Commercial Bank of Oswego, the Clinton County Bank, the Watervliet Bank, and the Bank of Lyons. The Comptroller is not authorised to pay interest in any case: Those persons, therefore, who have packages of notes which have been protested or the payment demanded of the Reeceiver of the Bank. in order to obtain interest, will find it necessary to collect the demand through the Receiver. Those persons who hold bills of any of the Banks before named, and who have not taken the necessary steps to establish a claim for interest, and are willing to surrender the notes on receiving dollar for dollar, can be paid at this rate, on presenting the bills to the Comptroller. All other claims which have been presented and established againstany of the insolvent Banks will be paid by the receiver, who cannot get an order from the Chancellor on the safety fund, until he has collected the sums due the bank and applied the avails to the payment of its debts. The balance then remaining is a charge on the safety fund, and these balances can be paid as soon as the Receiver disposes of the assets of the Bank and gets a final order from the Chancellor. either in cash or six per cent stock at par, which the Comptroller is authorised to issue under the 'Act t' provide for paying the debts of insolvent Safety Fund Banks,'o passed April 28, 1845. In the case of the Bank of Buffalo, the final order has been made by the Vice-Chancellor of the 8th circuit, and the means for paying the balance of all the claims against the Bank have been paid to the Receiver. The assets of the Bank of Oswego are believed to be sufficient to pay all the debts of that Bank, and none of the circulating notes of the Bank of Oswego have been redeemed by the Comptroller. The names and residences of the Receivers of the several Banks are as follows:Commercial Bank of New York, J. M. Blatchford, New York. Commercial Bank of Buffalo, S. G. Austin, Buffalo. Commercial Bank of Oswego, T. Beekman, Kinderhook. Watervliet Bank, George R. Davis, Troy. Clipton County Bank, Henry K. Averill, Plattsburgh. Bank of Lyons, Theron R. >trong, Palmyra. Bank of Oswego, Charles Stebbins, Cazenovia. Wayne County Bank, Samuel Miller, Rochester. City Bank of Buffalo, G. W. Newell, Albany. The debts of the Lafayette Bank of New York, including circulating notes, have been paid by the Receiver from the assets of the Bank. A. C. FLAGG, jll Stre Comptroller

6. June 12, 1845 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, June 12, 1845

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REDEMPTION OF NOTES Of Insolvent Safety Fund Banks. COMPTROLLER'S OFFICE, Albany, June 6, 1845. HE COMPTROLLER, in obedience to the third Section of the Act Chapter 114 of the Laws of 1845, here. by gives notice, that he will rédeem at par, the outstanding circulating buts of the Commercial Bank of New York. the Bank of Buffalo, the Commercial Bank of Buffalo, the Com. mercial Bank of Oswego, the Clinton County Bunk, the Water. viet Bank, and the Bank of Lyons. The Comptroller is not authorized to pay interest in any case: Those persons, therefore, who have packages of notes which have been protested or the payment demanded of the Receiver of the Bank, in order to obtain interest, will find it necessary to collect the demand through the Receiver.Those persons who hold bills of any of the Banks before named, and who have not taken the necessary steps to establish a claim for interest, and are willing to surrender the notes on receiving dollar for dollar, can be paid at this rate, on presenting the bills to the Comptroller. All other claims which have been presented and established againstany of the insolvent Banks will be paid by the Receiver, who cannot get an order from the Chancellor on the Safety Fund, until be has collected the sums due the bank and applied the avails to the payment of its debts. The balance then remaining is is charge on the Safety Fund, and these balances can be paid as soon as the Receiver disposes of the assets of the Bank and gets a final order from the Chancellor, either in cash or six per cent stock at par, which the Comptroller is authorized to issue under the ** Act to provide for paying the debts of insolvent Safety Fund Banks," passed April 28, 1815, In the case of the Bank of Buffalo, the final order has been made by the Vice-Clancellor of the 8th Circuit, and the means for paying the balance of all the claims against the Bank have been paid to the Receiver. The assets of the Bank of Oswego are believed to be sufficient to pay all the debts of that Bank, and none of the circulating notes of the Bank of o ego have been redeemed by the Camptrolier. The names and residences of the Receivers of the several Banks are as follows: Commercial Bank of New-York, J. M. BLATCHFORD New-York. Commiercial Bank of Buffalo, S. G. AUSTIN, Buffalo. Commercial Bank of Oswego, T. BEEKMAN, Kinderhook. Watervliet Bank, GEORGE R. DAVIS. Troy, Clinton County Bank. HENRY K. AVERILL, Plattsburgh. Bank of Lyona, THERON R. STRONG, Palmyra. Bank of Oswego, CHARLES STEBBINS, Cazenovia. Wayne County Bank, SAMUEL MILLER, Rochester. City Bank of Buffalo, G. W. NEWELL, Albany. The debts of the Lafayette Bank of New-York, including circulating notes, have been paid by the Receiver from the assets of the Bank. A. C. FLAGG, Comptroller. jell St

7. June 12, 1845 The New York Herald New York, NY
Article from The New York Herald, June 12, 1845

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REDEMPTION OF NOTES OF INSOLVENT SAFETY FUND BANKS. COMPTROLLER'S OFFICE, Albany, June 6th, 1845. T HE COMPTROLLER, in obedience to the Third Section of the Act, Chapter 114 of the Laws of 1845, hereby gives notice, that he will redeem at par, the outstanding circulating bills of the Commercial Bank of New York. the Bank of Buffalo, the Commercial Bank of Buffalo, the Commercial Bank of O.wego, the Clinton County Bank, the Watervliet Bank, and the Bank of Lyons. The Comptroller is not authorised to pay interest in any case: Those persons, therefore, who have packages of notes which have been protested or the payment demanded of the Reeceiver the Bank. in ord to obtain interest, will find it necessary to lect the demand through the R ceiver. Those persons who hold bills of any of the Banks before named. and who have not taken the necessary steps to establish a claim for interest, and are willing to surrender the notes on receiving dollar for dollar, can be paid at this rate, on presenting the bills to the Comptroller. All other claims which have been presented and established againstany of the insolvent Banks will be paid by the receiver, who cannot get an order from the Chancellor on the safety fund, until he has collected the sums. due the bank and applied the avails to the payment of its debts. The balance then remaining is a charge on the safety fund, and these balances can be paid as soon as the Receiver disposes of the assets of the Bank and gets a final order from the Chancellor. either in cash or six per cent stock at par, which the Comptroller is authorised to issue under the Act t' provide for paying the debts of insolvent Safety Fund Banks,'o passed April 28, 1845. In the case of the Bank of Buffalo, the final order has been made by the Vice-Chane-llor of the 8th circuit, and the means for paying the balance of all the claims against the Bank have been paid to the Receiver. The assets of the Bank of Oswego are b lieved to be sufficient to pay all the debts of that Bank, and none of the circulating notes of the Bank of Os wego have been redeemed by the Comptroller. The names and residences of the Receivers of the several Banks are as follows:Commercial Bank of New York, J. M. Blatchford, New York. Commercial Bank of Buffalo, S. G. Austin, Buffalo. Commercial Bank of Oswego, T. Beekman, Kinderhook. Watervliet Bank, Georze R. Davis, Troy. Clinton County Bank, Henry K. Averill, Plattsburgh. Bank of Lyous, Theron R. Strong, Palmyra. Bank of Oswego, Charles Stebbins, Cazenovia. Wayne County Bank, Samuel Miller, Rochester. City Bank of Buffalo, G. W. Newell, Albany. The debts of the Lafayette Bank of New York, including circulating notes, have been paid by the Receiver from the assets of the Bank. A. C. FLAGG, jll Stre Comptroller.

8. June 13, 1845 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, June 13, 1845

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REDEMPTION OF NOTES Of Insolvent Safety Fund Banks. COMPTROLLER'S OFFICE, Albany, June 6, 1845 THE COMPTROLLER, in obedience to the third Section of the Act Chapter 114 of the Laws of 1845, here. by gives notice, that he will redeem at par, the outstanding circulating bills of the Commercial Bank of New York, the Bank of Buffalo, the Commercial Bank of Buffalo, the Commercial Bank of Oswego, the Clinton County Bank, the Watervliet Bank, andth Bank of Lyons. The Comptroller is not authorized to pay interest in any case: Those persons, therefore, who have packages of notes which have been protested or the payment demanded of the Receiver of the Bank, in order to obtain interest, will find it necessary to collect the demand through the Receiver.Those persons who hold bills of any of the Banks before named, and who have not taken the necessary steps to estab. lish a claim for interest, and are willing to surrender the notes on receiving dollar for dollar, can be paid at this rate, on presenting the bills to the Comptroller. All other claims which have been presented and established against any of the insolvent Banks will be paid by the Receiver, who cannot get an order from the Chancellor on the Safety Fund, until be has collected the sums due the bank and applied the avails to the payment of its debts. The balance then remaining is a charge on the Safety Fund, and these balances can be paid as soon as the Receiver disposes of the assets of the Bank and gets a final order from the Chancellor, either in cash or six per cent. stock at par, which the Comptroller is authorized to issue under the " Act to provide for paying the debts of insolvent Safety Fund Banks," passed April 28, 1845. In the case of the Bank of Buffalo, the final order has been made by the Vice-Chancellor of the 8th Circuit, and the means for paying the balance of all the claims against the Bank have been paid to the Receiver. The assets of the Bank of Oswego are believed to be sufficient to pay all the debts of that Bank, and none of the circulating notes of the Bank of Oswego have been redeemed by the Camptroller. The names and residences of the Receivers of the several Banks are as follows: Commercial Bank of New-York, J. M. BLATCHFORD New-York. Commercial Bank of Buffalo, S. G. AUSTIN, Buffalo. Commercial Bank of Oswego, T. BEEKMAN, Kinderhook. Watervliet Bank, GEORGE R. DAVIS. Troy. Clinton County Bank, HENRY K. AVERILL, Plattsburgh. Bank of Lyons, THERON R. STRONG, Palmyra. Bank of Oswego, CHARLES STEBBINS, Cazenovia. Wayne County Bank, SAMUEL MILLER, Rochester. City Bank of Buffalo, G. W. NEWELL, Albany. The debts of the Lafayette Bank of New-York, including circulating notes, have been paid by the Receiver from the A. C. FLAGG, Comptroller. assets of the Bank. jell St

9. June 14, 1845 The New York Herald New York, NY
Article from The New York Herald, June 14, 1845

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MUSIC. LADY, who has a thorough knowledge of music, being A taught by the first masters in Europe, and feeling heself fully competent to instruct in thataccomplishment, would wish to devote her time to the instruction of young ladies, on moderate terms. A note addressed to A B. C., at the office of jell 1w*re this paper, shall be punctually attended to. ANTED-By a French young woman, a situation to take W charge of children, or as lady S maid, with a family going to France. She can give the best of references. Address by letter, to M. P. A.. Herald Office. ju10 lw*m FOLLOWING STATEMENT is from one lof the THE most eminent Physicians of New Jersey, and well and favorably known to very many of the citizens of New York. Having seen in the New York papers certain advertisements emanating from P. S. Beekman, I would beg to inform the public that I am acquainted with J. H. Scheuck, and have been so since 1834-that in 1839 he commenced the manufacture of Schenck's Pulmonic Syrup in Flemington. I have seen several persons of this vicinity who have been cured of Pulmonary disease by this Syrup when all other means had failed. I am acquainted with P. S. Beekman, and know that the original Pulmonic Syrup had been established several years before he heard of it, and that Beekman has said that it was Schenck's Pulmonic Syrup that cured him. Beekman has told me that he acted as Agent for Mr. Schenck, and had no interest in the business further than the agency. I know, also, that Mr. Schenck is the originator of the Pulmonic Syrup, and believe that Beekinan knows nothing of its composition, and is using every eadeavor to deceive the public. I am a practising physician, residing near Flemington, Hunterdon county, N.J., and am utterly opposed to all Empericism; but having seen the good effects of the Pulmonic Syrup, and believing that an effort is now being made, by every unpiincipled means, to injure an honest and honorable man, it is from a sense of duty that I make the above statement. GEORGE P. REX. M. D. Office exclusively for the sale of Schenck's Pulmonic Syrup, No. 4 Courtla d street New York. P.S. Beekman, of 491/2 Courtland street, is no longer Agent j14 3t*rh for the sale of Schenck Pulmonic Syrup. REDEMPTION OF NOTES OF INSOLVENT SAFETY FUND BANKS. COMPTROLLER'S OFFICE, Albany, June 6th, 1845. THE COMPTROLLER. in obedience to the Third Section of the Act. Chapter 114 of the Laws of 1345, hereby gives notice, that he will redeem at par, the outstanding circulating bills of the Commercial Bank of New York, the Bank of Buffalo, the Commercial Bank of Buffalo, the Commercial Bank of Oswego, the Clinton County Bank, the Watervliet Bank, and the Bauk of Lyons. The Comptroller is not authorised to pay interest in any case: Those persons, therefore, who have packages of notes which have been protested or the payment demanded of the Reeceiver of the Bank. in order to obtain interest, will find it necessary to collect the demand through the Receiver. Those persons who hold bills of any of the Banks before named. and who have not taken the necessary steps to establish a claim for interest. and are willing to surrender the notes on receiving dollar for dollar, can be paid at this rate, on presenting the bills to the Comptroller. All other claims which have been presented and established againstany of the insolvent Banks will be paid by the receiver, who cannot get an order from the Chancellor on the safety fund, until he has collected the sums due the bank and applied the avails to the payment of its debts. The balance then remaining is a charge on the safety fund, and these balances can be paid as soon as the Receiver disposes of the assets of the Bank and gets a final order from the Chancellor. either in cash or six per cent stock at par, which the Comptroller is authorised to issue under the Act t provide for paying the debts of insolvent Safety Fund Banks,'o passed April 28, 1845. In the case of the Bank of Buffalo, the final order has been made by the Vice-Chancellor of the 8th circuit, and the means for paying the balance of all the claims against the Bank have been paid to the Receiver. The assets of the Bank of Oswego are believed to be sufficient to pay all the debts of that Bank, and none of the circulating notes of the Bank of Oswego have been redeemed by the Comptroller. The names and residences of the Receivers of the several Banks: are as follows:Commercial. Bank of New York, J. M. Blatchford, New York. Commercial Bank of Buffalo, S. G. Austin, Buffalo. Commercial Bank of Oswego, T. Beekman, Kinderhook. Watervliet Bank, George R. Davis, Troy, Clinton County Bank, Henry K. Averill, Plattsburgh. Bank of Lyons, Theron R. Strong, Palmyra. Bank of Oswego, Charles Stebbins, Cazepovia. Wayne County Bank, Samuel Miller, Rochester. City Bank of Buffalo, G. W. Newell, Albany. The debts of the Lafayette Bank of New York, including circulating notes, have been paid by the Receiver from the as sets A. C. FLAGG, of the Bank Comptrolle j11 Stre

10. September 11, 1847 Baltimore Commercial Journal, and Lyford's Price-Current Baltimore, MD
Article from Baltimore Commercial Journal, and Lyford's Price-Current, September 11, 1847

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20's. maud, 50's, let. ignette sailor seated on a bale of goods, with a flag in his left hand; on the left end figure of Liberty. Not countersigned. Bank of Watertown. [W.Ives, Pres., W. H. Angell, Cash.] 3's, a coarse imitation. Bank of Waterville. [J. Candee, Pres., D. B. Goodwin, Cash.] 5's, let. C. registered in red ink by G. Hanford. Bank of Whitehall. W mm. A. Moore, Pres. H. W. Palmer, Cash.] 3's, altered from I's of Hoboken Bank, N. J.; Bank of Whitehall stamp'd in large letters across top. 5's, let. A: the true bills have a steamboat on the bottom of the bill, between the names of the cashier and president, which is omitted in the counterfeit. 5's altered. "Bank of Whitehall," is at the top of the note. 10's, an alteration; Whitehall inserted. Bank of Whitestown. [J. Newton Dexter, Pres., J. S. Thomas, Cash.] l's, engraving is coarse, particularly the female o the right of the pres. Bullston Spa Bank. Ballston Spa. [James W Cook, Pres., Isaac Fowler, Cash.] Black River Bank, Watertown [L Paddock, Pres., G Gilbert, Cash.] 5's, altered from I's vig. a COW and country girl. Brooklyn Bank, Brooklyn. [W. J. Cornell, Pres., Abraham Haley, Cash.] 2's,let. C, dated July 9, 1839, pay Jas. Foster,jr Paper thin; engraying poor. 5's, altered from broken Michigan Bank 10's, altered from I's and 2' hold to light 10's, altered from the broken Monroe Bank, Mi chigan. Brotherton, cash., Adams, pres. Broome County Bank, Binghampton. Strong, President, T. R. Morgan, Cash.] I's, imitation of genuine; vignette, a man, horse boy and girl-on the right a female without a mouth; paper whitish. b's, let. B. Nov. 5, 1833. and some Jan 10. 1832, pay P. Pine, and some to R. Boy paper lighter vig. coarse There is small space between the first line, on which the name is written to whom the bill is payable, and the top of the D in the word 'demand. The D in genuine covers the line. 5's, let. C pay R. Boyd, of various dates, 5's, dated June 2.1832. pay to J. L. Bowne, C. Murdock, cash., V. Whitney, pres. 10's, vig blacksmith and implements Poor 20's, altered from 1's; there are a fe 20's out. ( anal Bank, Albany [John K. Paige, Pres. Theodore Olcott, Cash.] l's, the three signatures are written with bluish ink. while in the genuine two are in black and one the president's 15 of brownish hue. "Liberty" on the left around her head and near her staff are some scra ches intended rays. 3's, let. A. new plate; vignette, goddess of Liberty, &c. Poor paper; filling up and signing bad. 3's, altered from the broken Globe Bank, N.York, signed S. B. Day, cash 3'3, let. A, and some G various dates. well done. 5's, counterfeit E-D. Campbell, register, filling up and signatures very bad. 10's altered from one's goddess of liberty on the left end. Tin Dollars' slightly defective. 20's, altered from Canal Bank of Lockport, [Wm. O. Brown, Pres. C. W Rogers, Cash.] 5's, Sept.1 1841, pay E. Hurd. Engraving coarse 5's, altered fromone's. Catskill Bank Catskill [Thomas B. Cook, Pres. H. Hill, Jr. Cash.] 2's. let. B, dated Nov. 1, 1825, H. Hill, Jr., cash 2's,let. A dated Nov. 1. 1827, (date engraved,) No 2742. Paper of a whitish cast. 2's, let. B. Nov. 1, 1825. H.Hill, Jr. cash., Thos. B. Cooke, pres. New plate, late engraved, thick and yellow paper, engraving is coarse, K in Cutts kill, in upper part of note is below the other letters. 3's,vig. a woman seated, ship in the distance, H. Hill, Thomas B. Cook, president. 5's, let,C, pay E. Powers, June 5, 1830-vignette, Indian shooting a panther-face of Franklin light. 5's, let. C. Nov. 1. 1828, pay C. Hopkins. Vignette, an Indian shooting a panther, very well done II. Hill, cashier, Thomas B. Cook, president. 5's, let.C, pay to C. Hopkins, Nov. 1829. 10's. let A. Nov. 1, 1836-Carder, Durand, Ausin & Edmonds, engravers- close imitation of genuline-eng. rather coarse: the margins are broader. Cayuga County Bank, Auburn. [N. Beardsley Pres., J. N Starin, Cash.] 5's,pay Gershom Brower; G. B. Throop, cash. N. Garson, pres. Vig. an Indian. Eng. coarse & dark. 3's, let. B, engraving coarse, vignette blurred. 10's, letter A. paper thin, die work defective. Signatures written in same ink. Central Bank Cherry Valley. [D. H.Little, Pres., H. J. Olcott, Cash.] l's, old plate, the engraving is coarse and poor. 10's, let. B b, pay to S. Page, May 4, 1832. Champlain Bank, Ellenburgh 2's, altered from Clinton County Bank to 20. Chautauque Co. Bank, Jamestown [Sami. Barrett, Pres., Robert Newland, Cash. 5's, let. C, vig. an Indian with a bow; registered n the back: cashier's name is Robt. Newland on the genuine, and Rot. Newhuat" on counterfeit Filling 5's, let. D. pay C Gilbert, Jan. 1841. up and signatures bad. A poor imitation. 10's. let. B, Jamestown, Dec. 4, 1836, pay S. Hurd E. T. Foot, pres., A. D. Putchin, instead of Patchin. ch. Others, Jan. 14. 1837, pay H Pratt. 10's, let. A, Sept. 19. 1837, pay C. Weed- Arard Joy cash., C. T. Foote, pres. Paper thin. eng. coarse. C. Tappan & Co. eng. Phila. and N. York 10's, let. April 14, 1838, pay James Gray. 20's. altered. Vig. group of cattle. Chemung Canal Bank, Elmira. [Chas. Cook. Pres. John Arnot, Cash.] 5's. let. pay A. Bent. H. Maxwell, cash., J. G. M'Javell,pres. Poorly executed. 10's, dated June 4th, 1844, letter B, No. 3147, John Arnott. cashier, Charles Cook, president. Chester Bank, Chester. [Jas. heeler, Pres. Alex. Wright, Cash.] City Bank, Buffalo, closed. Clinton Co. Bank, Plattsburg, closed. [H.] K Averill, Receiver, Plattsburg.] 5's let. A, pay to J. Mad, Plattsburg, Oct. 1,1839, R. Yates, cash., H. Cady, pres. Vig. coarse. Commercial Bank, Troy. [Stephen W. Dana, Pres., Fred. Leak, Cash.] 3-Bills of all denominations, on this bank, altered from broken Comm. Bank, Millington, Md. Commercial Bank, Albany [J. Townsend, Pres. James Taylor, Cash.] (C-Bills of all denominations. on this bank, altered from broken Comm. Bank, Milington, md. l's, let. A, vig. several vessels under sail-T Tay lor, cash., Paul Grout, pres., April 3d, 1841pale. I's, Townsend, pres. Pale, and poor imitation. 1's, figure each side of the vignette very large, very light, J. Taylor, cash. John Townsend, pres. 3's. engraved by Durant & Co." from the spurious "Commercial of Poultney " which has been altered to "Commercial Bank of Albany." 3's,let. A, dated Nov. 27, 1841, J. Taylor. canh., John Thomson, pres. 3's, light, vig. ship at wharf, a schooner with her sails along side, a steamboat at a distance. On the left hand IS an Indian seated on rock 20's, let. D, Dec. 20, 1837, pay to bearer, Seth Hastings, pres., J. Taylor, cash.-vig. a steamboat and two vessels. Engraved by Durand & Co., N.Y. Commercial Bank, Friendship, Allegany Co. Commercial Bank, Buffalo, closed. [S.G. Austin, of Buffalo. Receiver.] DG-The most of the genuine bills of this bank have been redeemed, and those now in general circulation are mostly spurious. Commercial Bank, Rochester. [Asa, Sprague, Pres., Geo. R. Clark, Cash.] B-Bills of all denominations, on this bank, altered Comm Bank Millington, Md.