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Commercial Bank of Columbus, COLUMBUS, Miss. June 20, 1837. "Resolved, That in chedience to the will of this community, as publicly expressed in the Court House of this place, on the 8th inst. this Bank will, for the present, suspend specie payment." [Extract from the minutes.] By order of the Board, 50tf CHAS. H. ABERT, Cash'r.
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Commercial Bank of Columbus, COLUMBUS, Miss. June 20, 1837. "Resolved, That in cbedience to the will of this community, as publicly expressed in the Court House of this place, on the 8th inst. this Bank will, for the present, suspend specie payment." [Extract from the minutes.] Bv order of the Board, CHAS. H. ABERT, Cash'r. 50tf
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THE UNION BANK. - The Appraisers of real estate to be pledged for stock in this county, are now out on a tour of examination. The people of this county are turning their attention to the subject; we are assured that a large number of our planters as well as the citizens of Monroe, Oktibbeha and Noxubee are going into the arrangement. John Davies Esq. one of the commissioners to open books of subscription, may be found at the commissioners' room in the court house, every Tuesday ready to give any information desired. The subscriptions for stock would undoubtedly been very liberal in this section, were it not for the fact, that a large number of our wealthy citizens, have mortgaged their property to local institutions. NEW PAPERS. - We have received the first number of the "Spirit of Kosciusko," published in the flourishing county of Attala, by W. E. Smith Esqr. It is a very neat paper, but the Argus declares it will soon hoist the whig flag. We are not inclined to credit this assertion and leave the Spirit of Kossiusko to speak for itself. We have also received the North Mississippian and the Carrollton Enquirer, both published at Carrollton, the seat of Justice for Carroll county. It is a pleasing indication of the prosperity of our inland counties to see presses springing up, shedding abroad "intelligence, the life of liberty." We beg leave to correct an error into which the capable editor of the Manchester Whig has fallen, in saying that the Commercial Bank of Columbus has increased its circulation seventy-five thousand dollars since the suspension of specie payments. This is not the case; this institution issued last year about five hundred thousand dollars in post notes, payable in Mobile. These notes have been redeemed, with the exception of about fifty thousand dollars. The bank has used all the avails of its cotton in the redemption of these issues, which are at par and are sought for with as much eagerness as Mobile money; thus in fact furnishing an exchange for the community at par, which no other institution in Mississippi, Alabama or Tennessee has yet done, since the suspension of specie payments. Although the Commercial Bank may have increased its circulation at its counter, the sum stated by the Whig, yet its curtailments in another quarter have amounted to nearly half a million. The Aberdeen Lodge are making suitable arrangements for the celebration of the coming Anniversary of St. John. Dr. Estes of this city will deliver the address and Parson Tucker the sermon. The Columbus Band will also be in attendance. We understand that, in addition to the arrangements adopted by the various committees for the celebration of our glorious anniversary, Mr. H. Brotherton, assisted by several ameteurs in the science of ballooning, will in the course of the evening, inflate one of these gigantic air vehicles for an aerial voyage, frieghted with a young chicken, together with appropriate emblems of our glorious Union. The festivities of the day to close with a shower of sky rockets. We refer our readers perticularly to the prospectus of Mr. La Tourette's map of Mississippi, in