13198. Farmers & Citizens National Bank (Brooklyn, NY)

View Charter #1223 on SPMC

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
1223
Charter Number
1223
Start Date
September 7, 1867
Location
Brooklyn, New York (40.660, -73.951)

Metadata

Model
gpt-5-mini
Short Digest
bcd3d15a41203381

Response Measures

None

Receivership Details

Depositor recovery rate
96.0%
Date receivership started
1867-09-06
OCC cause of failure
Losses
Share of assets assessed as good
74.9%
Share of assets assessed as doubtful
7.8%
Share of assets assessed as worthless
17.4%

Description

Comptroller of the Currency ordered a receiver placed for the Farmers & Citizens National Bank (Williamsburg/Brooklyn) in early September 1867 due to a deficiency in required lawful-money reserve. Frederick A. Platt was appointed receiver. Congress subsequently passed (approved March 2, 1868) a joint resolution authorizing the Comptroller to revoke the appointment and restore the bank to its owners under conditions — interpreted here as the bank being restored/reopened. Multiple contemporary newspapers report the suspension and the later joint resolution. No clear independent depositor 'run' preceding the suspension is described; articles mention excitement and depositors crowding the sealed bank but the legal action was taken by the Comptroller for reserve deficiency (government action).

Events (6)
1. June 5, 1865 Chartered
Source
historical_nic
2. September 6, 1867 Receivership
Source
historical_nic
3. September 7, 1867 Suspension
Cause
Government Action
Cause Details
Comptroller of the Currency ordered receiver after government examiner found the bank deficient in required lawful-money reserve (deficit reported about $45,000) and 30-day notice failed to remedy it; Frederick A. Platt appointed receiver.
Newspaper Excerpt
Intense excitement prevailed among the depositors in the Farmers' and Citizens' National Bank, of Brooklyn, yesterday on receipt of the information that the institution had been placed in the hands of a receiver.
Source
newspapers
4. September 8, 1867 Other
Newspaper Excerpt
Mr. Frederick A. Platt, as receiver, acting under orders from the Controller of the Currency. Mr. Platt took possession of the bank on Friday ... the fact of the suspension having taken place did not become generally known until the following day. (New-York Tribune, Sept. 9, 1867).
Source
newspapers
5. February 21, 1868 Other
Newspaper Excerpt
The receiver ... instructed by the Comptroller of the Treasury to pay a dividend to its depositors yesterday ... All were paid promptly fifty-five cents on the dollar, with a promise of more hereafter.
Source
newspapers
6. March 2, 1868 Reopening
Newspaper Excerpt
JOINT RESOLUTION authorizing the Comptroller of the Currency to revoke the appointment of receiver for the Farmers' and Citizens' National Bank of Williamsburg, New York, and to restore said bank to its owners under certain conditions. Approved, March 2, 1868.
Source
newspapers

Newspaper Articles (22)
1. September 8, 1867 The New York Herald New York, NY
Article from The New York Herald, September 8, 1867

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EUROPE The news report by the Atlantic cable is dated yesterday evening. September 7. The Prussian government issued a peace circular in which it 18 stated that the pacific declarations of the Marquis de Moustier, the French Foreign Minister, are "highly satisfactory." General Garibaldi dined with the Prussian Minister in Florence, by special invitation, when on his way to the Peace Congress of the revolutionists in Geneva The Austrian cabinet has been reconstructed. A number of Irish policemen have been dec. orated with English medals for action in the Fenian campaign. The little American schooner John T. Ford drifted to the coast of Ireland after being capsized. Valuable papers have been found on the wreck and se. cured. The Turkish naval authorities on the coast of Candia compelled an American vessel to desist from shipping insurrectionary refugees. Consols closed at 943. for money. in London. Five. twenties were at 73% and firmer in London, and at 77 in Frankfort. The Liverpool cotton market was easier, with middling uplands at 10d. Breadstuffs firm. Provisions and produce without material change. MISCELLANEOUS. Further particulars of the Naugatuck railroad accident disclose the fact that a passenger car was also precipitated from the bridge but without injury to the passengers. or the sixteen inmates of the baggage car which was swept with wonderful rapidity down the stream by the swollen current, eight lost their lives and four bodies have been recovered. A coroner's jury rendered a verdict stating that the bridge was an " insufficient struc. ture." Intense excitement prevailed among the depositors in the Farmers' and Citizens' National Bank, of Brooklyn, yesterday on receipt of the information that the institution bad been placed in the hands of a receiver. Heavy losses are experienced by this blow among the merchants of Williamsburg. The doors of the building were sealed yesterday, and no admittance was given to any of the numerous unfortunate ones who crowded about it demanding some redress. It is stated that the president of the bank kept his knowledge of the notification received from the Treasury Department for nearly a month from the directors. and the collapse was as adden to them as to the stockholders. No statement of the affairs of the bank has yet been put forth by the directors. The Merchants' and Traders' Bank, of Greenpoint, also suspended payment yesterday, as all its deposits were in the hands of the defunct institution. Several of the banks suffered slight losses by this double failure. An inquest was held on the body of John O'Flynn yesterday at Bellevue Hospital, and a verdict was ren. dered that he came to ha death from the effects of a fracture of the skull produced by a blow from the fist of William McKenzie, who has been arrested. General Griffin has assumed command at New Orleans, and in his initial order directs that all existing orders will remain is force. The Montreal riots have ceased and the town is again quiet. One man killed and thirty serious wounds from gunshots and stones are the sum total of casualties on rough estimation. Several of the alleged rineleaders were discharged from custody by the court yesterday. Middleton. an oil merchant, whose stores in Montreal were recently destroyed by fire, is reported to have absconded, leaving behind 3 deficiency of $43,000 on his books. General Sheridan arrived in Cairo yesterday, and started immediately by rail for St. Louis, no time being given for a demonstration in Cairo, beyond firing a salute. The population of San Francisco is now 130,000, an increase of 74,000 in seven years. A defaulting cashier in San Francisco recently ab. seconded for China with $100,000 worth of "misapproprinted" funds. The California election, it is claimed, was carried solely through the apathy of republicans. Some of the strong republican counties showed a heavy falling off in the vote polled, and even went strongly democratic. M. Alphonse Dano, the late French Minister in Mexico, sailed from this port yesterday for France. Frederick Horricks, the late Belgian Charge d'Affaires in Mexico, accompanied him. A Washington correspondent of a Boston paper states that the President's friends have telegraphed to General McClelian to come on to Washington, if he will attach himself to the President's cause. Abraham Myers, the conservative candidate for Mayor of Nashville, was killed by a fall from a staircase yes. serday. It was rumored in Washington yesterday that Secretary Seward had resigned. and that Reverdy Johnson was to be appointed Secretary of State. Secretary McCulloch is about preparing a revised and corrected statement of the public debt, in which he will show that the debt has been reduced nearly $265,000,000 within the last two years. Forty-three deaths from yellow fever occurred in New Orienas vesterday. Boats from that city are placed under quarantine at Vicksburg. The Newburg boat race was again postponed yesterday owing to the roughness of the water; this timel until Monday. The Fenian Congress at Cleveland yeaterday appolated . committee to confer with a committee from the Savage

2. September 9, 1867 The Evansville Journal Evansville, IN
Article from The Evansville Journal, September 9, 1867

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of NEW YORK. daw sdt Bank Suspension-Ar of Internal Revenue Collector-Death or a Celebrated Troiting Horse. NEW YORK, Sept. 8.-The Mechani ics' and Traders Bank of Green point, L. I incorporated under the late law, suspended payment yester day, on account of the collap of the Farmers' and Citizens' National B ok of Williamsburg, of which it was an offshoot. and in which its deposits were made. It is reported that one of the Col lectors of Internal Revenue of this city, was arrested for condivance in whisky frauds. The celebrated old trotter Lady Woodruff died at Copake last Sunday.

3. September 9, 1867 New-York Tribune New York, NY
Article from New-York Tribune, September 9, 1867

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BANK FAILURES. SUSPENSION OF THE FARMERS' AND CITIZENS' NATIONAL BANK OF WILLIAMSBURGH, AND THE MERCHANTS' AND TRADERS' BANK OF GREENPOINT - TROUBLE IN A KINGSTON BANK. A wide-spread excitement was created in Brooklyn, E.D., on Saturday. by the announcement that the Farmers' and Citizens' National Bank of Williams" burg had suspended payment, and that the funds had been placod in the hands of Mr. Frederick A. Platt, as receiver, acting under orders from the Controller of the Currency. The Bank was organized in 1852, under the old State Law; and in 1865 it continued business under the National Bank system, with a capital stock of $300,000, in 15,000 shares at par value of $20. These shares were last quoted at 108. According to'the regulations of the National Treasury, the Farmers' and Citizens' Bank with other National Banks of the same class, was compelled to reserve a fund of legal-tenders in its vaults amounting to at least fifteen per cent of the gross sum of the deposits and circulation. The Farmers' and Citizens' held on deposit about $1,000,000, and was permitted to issue National Bank Currency notes in the sum of about $250,000. It also had about $9,000 old State notes afloat. and 88 these, as fast as gathered in, were converted into the national ourrency notes, they were counted in by the Government as a portion of the bank's circulation. On the 20th of July last, Mr. Callendar, the Government Examiner. visited the bank, and found the amount of funds on hand not suf. ficient to answer the requirements of the law. He gave Mr. Beach, the president, the usual 30 day's notice, and again visited the bank on Monday last. The deficiency (said to be $45,000), had not been made good; and a subsequent representation of these facts to the Controller at Washington elicited an official order-published in Saturday's TRIBUNE-appointing Mr. Platt receiver. Mr. Platt took possession of the bank on Friday, although the fact of the suspension having taken place did not become generally known until the following day. The officers of the bauk include some of the best known, most wealthy, and trustworthy men of the city, by naine as follows: President, Oren M. Beach; Cashier, Henry W. Redfield; Directors, C. M. Beach, John Hicks, Sylvester Tuttle, S. W. Woolley. Watson Sanford, Howell Smith, Anthony Betts, David Sturtevant, W. I. Pooley, Sylvester M. Beard, Geo. Ricard, David Williams, Daniel D. Lear. The business of the bank has heretofore been considered most prosperous. A dividend of five per cent was declared last July, and the statement at that time was as follows:

4. September 9, 1867 Daily Ohio Statesman Columbus, OH
Article from Daily Ohio Statesman, September 9, 1867

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FROM NEW YORK. New Crop Tobacco. NEW YORK, September 7.--A firm in this city has received the first hogshead of to. bacco grown in Hart county, Ky. Book Trade. At a book trade sale in this city, prices realized about 28 per cent. higher than the last sale. The Mortality Report. The deaths for the week were 562, slightly less than last week. Emigration. Two thousand four hundred and fiftytwo emigrants arrived to-day. First National Bank of Kingston. Regarding the losses of the First National Bank of Kingston it is stated that the President, Mr. Hasbranek, was in arrears to the amount of $91,000. It is supposed he lived beyond his income and thus be. came indebted to the bank. He has placed all his property in the hands of the directors. The bank will pay all its indebtedness, and is perfectly solvent. Reverdy Johnson. The latest rumor from Washington is that Reverdy Johnson is to succeed Seward. Suspended Payment. NEW YORK, Sept. 3.-The Mechanics' & Traders' Bank of Greenpoint, Long Island, incorporated under the late law, suspended payment yesterday, on account of the collapse of the Farmers' & Citizens' National Bank of Williamsburg, of which it was an offshoot, and in which its deposits were made. Arrested. It is reported that one of the collectors of internal revenue in this city has been arrested for conniving in the whisky frauds. Death of a Celebrated Trotter. The celebrated old trotter Lady Woodruff, died at Copake last Sunday.

5. September 9, 1867 The Wheeling Daily Register Wheeling, WV
Article from The Wheeling Daily Register, September 9, 1867

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Suspended Payment. NEW YORK, September 8.--The Mechanics' and Trader's bank of Green Point, Long Island, incorporated under the late law, suspended payment yesterday, on account of the collapse of the Farmer's and Citizen's National Bank of Williamsburg, of which it was an offshoot, and in which its deposits were made. It is reported that one of the Collectors of Internal Revenue of this city, was arrested for connivance in whisky frauds. The celebrated old trotter, Lady Woodruff, died at Copake last Sunday.

6. September 11, 1867 New-York Tribune New York, NY
Article from New-York Tribune, September 11, 1867

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Total $8,659,664 52 The Controller of the Currency gives notice to all perRODS who may have claims against the Farmers' and Citizens' National Bank of Brooklyn. N. Y., to present the same and make legal proof thereof to Frederick A. Platt, Receiver of said Bank, at its office in that city. He also gives notice to the holders of the circulating notes of the same institution, that such notes will be paid in lawful money of the United States upon presentation of the same at the United States Treasury.

7. September 12, 1867 Daily Davenport Democrat Davenport, IA
Article from Daily Davenport Democrat, September 12, 1867

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NEW YORK. New Your, Sept. 12.-Developments in regard to the internal revenue frauds in Brooklyn are taking sangible shape, and are so wide in their ramifications, it is said, as even to implicate certain members of the Washington Cabinet, whose identity is at present concealed. Mr. Callicott, it is said, has brought to the knowledge of Washing ton officials some very ugly matters relative to the doings of his prosecutors. Further correspondence relative to the Alabama claims against Great Britain is made public, dated August 27, 1866. Sec'ry Seward sends to minister Adams a summary of claims of citizens of the United States for damages from private ors fitted out from British ports and requests that Lord Stanley be informed that the settiement to re entire ly necessary of these may claims establish has become friendly urgents relations between the United States and Great Britain, The hostile course of the latter country during the rebellion is con trasted with the action of the United States government toward the Fenian invasion of of Canada, in the following words:"Thus we have seen ruinous Briti-h warlike expeditions against the United States practically allowed and tolerated by Her Majesty's government, notwithstanding remonstrance, and we have seen similar use lawful attempts in this country against Britain allowed and defended by direct and unprompted action of the Government of the United States." A Tribune special says: The President will keep quiet now till after the fail elections. No Cabinet changes will take place until after the Pennsylvania, Ohio and New York elections. Is is probable that the Pres dent will suggest to District command ers that the elections at the South all take place on the same day. Times' special says: It has been repeats edly stated that the dispatch of August 13, from Gen. Grant to Gen. Sickles, which was printed Saturday last completed the correspondence This is not the case. There are one or two other other brief dispatches and a letter from Gen. Grant to Gen. Sickles dated August 24th, which being uns derstood by the latter to be private he has not published, although Grant intended his authorization to cover everything. In this letter, Grant commends the wisdom of Sickles' acts. A deputation of officers and Directors of the Citizens' and Farmers' National Bank, of Brooklyn,consisting of O. M. Beach, Press ident, Smith, Sheldon, S. M. Beard, and others are here endeavoring to induce the Cemptroller of Currency to restore the Bank to its managers on the ground that it is a public benefit, and they offer, as Directors, to guarantee indebtedness to the Bank in certain sums amouting to over $300,000 if the request is complied with There is great doubt if the Comptreller has power under law to suspend the proceedings after they are once began, and applications of 3 those parties suspended are pending legal opinion on this point.

8. September 12, 1867 The Charleston Daily News Charleston, SC
Article from The Charleston Daily News, September 12, 1867

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Failure of a National Bank in Brooklyn. The failure of the Farmers' and Citizens' National Bank of Brooklyn, and the appointment of a receiver for the same, is announced. The Brooklyn Union of Saturday says It will be remembered that early in the winter of 1866 the messenger of this bank, while proceeding along Beekman street in New York, was attacked by a man who robped him of a valise cortaining some ten thousand dollars. After the commission of the robbery the thief jumped into a butcher's wagon with his booty, and nothing has yet been seen or heard of him. The bank was established in 1852, and in 1865 continued business under the national bank system. The capital was represented at $300,000; shares, 15,000; par $20. The following are the officers of the bank: President, Oren M. Beach; Cashier, Henry W. Redfield; Directors, O. M. Beach, Anthony Bets, John Hicks, David Sturtevant, Sylvester Tuttle, W. I. Pooley, S. W. Woolsey, Sylvester M. Beard, Watsor Sanford, George Ricard, Howell Smith, David Williams, and Daniel D. Leary. The affairs of the bank, by those who have the most at stake on its solvency, are not considered such as to warrant any fears of ultimate loss. The folowing, as nearly as it could be ascertained, is the financial condition of the bank : Its capital stock is $300,000: its deposits about $1,000,000; circulation, including about $9000 of notes issued under the old organization, $2000 to $5000 the reserve, amounting to 15 per centum of deposits and circulation, as required by law, should have been about $200,000; but it fell short on the 30th of July about $100,000; after the expiration of the thirty days notice to make good the deficit in the reserve, the law not being complied with, the order of the Comptroller was issued this morning. Mr. Frederick A Platt took charge of the affairs of the bank. It is rumored that the officers of the bank believed that they had complied with the law, inasmuch as the alleged deficit was represented by checks, gold certificates aud other available securities. The law provides that "clearing house certificates, representing lawful money, shall be deemed to be lawful money." It is claimed that the whole difficulty between the officers of the bank and the Treasury Department arose from a difference of construction of the statute, and the nature of the reserve required. Among the depositors was the German and Dime Savings Banks, of the Western District. The former had a deposit of $15,000; the amount of the latter could not be ascertained. Whether the depositors lose anything or not, the holders of the notes of the bank need give themselves no trouble, as they are secured by the United States, and will be paid whatever becomes of the bank.

9. September 13, 1867 The Daily Gate City Keokuk, IA
Article from The Daily Gate City, September 13, 1867

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FROM WASHINGTON. / WASHINGTON, Sept. 12. The Intelligencer has an editorial, in which it strongly hints at an uprising of the people in Maine, and of such a character that it is the President's duty to vacate most of the Federal offices in that State and fill them with Democrats and conservatives. NEW YORK, Sept. 12. The Times' Washington special says: It has been repeatedly stated that a dispatch, dated August 13th, from Gen. Grant to Gen. Sickles, which was printed Saturday last, completed the correspondence. This is not the case. There are one or two other brief dispatches, and a letter from Gen. Grant to Gen. Sickles, dated August 24th, which, ber ing understood by the latter to be private, he has not published, although Grant intended his authorization to cover everything. In this letter Grant commends the wisdom of Sickles' acts. A deputation of the officers and directors of the Farmers' and Citizens' National Bank, Brooklyn, consisting of Dr. M. Beach, President, Smyth Sheldon, S. M. Beard, and oth err, are here endeavoring to induce the Comptroller of Currency to restore the bank to its managers, on the ground that it is a public benefit, and they offer, as directors, to guarantee the indebtedness to the bank of certain sums, amounting to over $300,000, it their request is complied with. There is great doubt if the Comptroller has the power, under the law, to suspend proceedings after they are once begun, and the application of these parties is suspended pending a legal opinion on the point. Further correspondence relative to the Al. abama claims against Great Britain is made public. August 27, 1866, Secretary Seward sent to Minister Adams a summary of the claims of the citizens of the United States for damages from the privateers fitted out from British ports, and requests that Lord Stanley may be informed that the settlement of these claims has become urgently necessa. ry, to re establish entirely the friendly rela. tiobs between the United States and Great Britain. The hostile course of the latter country during the rebellion is contrasted with the action of the United States Govern. ment toward the Fenian invasion of Canada in the following words: "Thus we have Been ruinous British warlike expeditions against the United States practically allowed and tolerated by her Majecty's Government, notwithstanding remonstrance, and we have seen similar unlawful atterapta in this country against Great Britsin not allowed, and defended by direct and unprompted action of the Government of the United States." The Tribune's special says that the Presi dent will keep quiet now until after the fall elections. No Cabinet changes will take place until after the Pennsylvania, Ohio and New York elections. It is probable that the President will suggest to the District Commanders that the elections at the South all take place OR the name day.

10. September 13, 1867 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, September 13, 1867

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New York Specials. NEW YORK, Sept. 12.-The Herald's special says: Developments of the Internal Revenue frauds are taking a tangible shape and are so wide in their ramification, it is said, as even to implicate certain members of the Washington Cabinet, whose identity at present is concerned. Proceedings in the Revenue Board over these alleged frauds are said to have been somewhat stormy, some of the members offering to resign on account of them, and Mr. Rollins' presence here au one time was in furtherance of an investigation of the subject. J. C. Allen, keeper of the warehouse on Sedgwick street, whose alleged frauds have been committed, WAS arrested and held in twenty thousand dollars bail, with charge of complicity in the illegitimate removal of 20,000 gallons of Whisky. Mr. Callcot, it is said, has brought to the knowledge of Washington officials some very ugly matters relative to the doings of his prosecutors. J. C. Thompson. keeper of the bonded warehouses, Nos. 24 and 46 Sedgwick street, Brooklyn, was arrested and taken before Commissioner Newton at the U.S. Court, on a charge of being implicated in the removal of 20,000 gallons of whisky which had been placed in his charge. He was held to bail in the sum of twenty thousand dollars. A Times' special says: It has beeu recently stated that the dispatch dated August 13, from General Grant to Gen. Sickles, which was printed Saturday last, completed their correspondence. This is not the case. There are two other brief dispatches and a letter from General Grant to General Sickles, datep Aug. 24th, which being understood by the latter as private, he has not published it. In this letter General Grant comments on the wisdom of General Sickles. A deputation of officers and directors of the Farmers and Citizens' National Bank of Brooklyn, consisting of O.M. Beach, President, Smith Sheldon, S.M. Beard and others are bereendeavoring to induce the Comptroller of Currency to restore the bank to its managers on the ground that it is a public benefit, and they offer, as directors, to guarantee an indebtedness to the bank in certain sums amounting to over $300,000 if their request is complied with. There is great doubt if the Comptroller has powor under the law tosuspend proceedings after they are begun, and the application of these parties is suspended by the pending legal opinion on this point. The Tribune's special says, the President will remain quiet now till after the fall elections. No Cabinet changes will take place till after the Pennsylvania, Ohio and New York elections. Probably the President will suggest to District Commanders that the elections in the South all take place on the same day.

11. September 13, 1867 Daily Ohio Statesman Columbus, OH
Article from Daily Ohio Statesman, September 13, 1867

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FROM NEW YORK. News from the Indian Country New YORK, Sept. -The Herald's Sioux City dispatch says: The Indian Commisreached here at noon to-day, all well. will be held with all of of Indians as far as reservations were on river and at Councils ent The sion Big bands Indian Cheyenne the situated Fort the mouth starts differ- Suily. at of the Nebraska. The Commission once for Omaha, and from thence to Fort Laramie, to visit hostile tribes. The Herald's Leavenworth special says: The Indians fired into a passenger train, six miles west of Fort Harker, to-day. They had placed ties on the track, which were removed by the pilot of the locomotive, when about thirty-five Indians into rose up from a ravine and poured a volley the cars without injuring any one. A band of Cheyennes murdered three men the and one woman at Pilumle Buttes, on a Little Arkansas, a few days since. and boy named Nealon was served the sa me way on last Saturday at Crow Creek, 19 miles west of Fort Harker. The Revenue Frauds. The Herald says: The developements of Internal Revenue frauds in Brooklyn are in taking tangible shape and were so wide their ramifications, it is said, as even to implicate certain members of the Washing- is Cabinet, whose identity at present concealed. ton The proceedings in the Revenue Board over these alleged frauds are said to have been somewhat stormy, some of the members offering to resign on account of them. and Mr. Rollins' presence here at time was in furtherance of an investigation one of the subject. J.C. Allen, keeper of the warehouse on Sedgwick street where the alleged frauds are said to have been committed. was arrested yesterday and held in twenty thousand dollars bail, with a charge of complicity in the illegal removal of 20,000 gallons of whisky. Mr. Callicott, it is said, has brought to the knowledge of the Washington officials some very ugly matters relative to the doings of his prosecutors. J. C. Thompson. keeper of the bonded warehouses Nos. 24 and 26 Sedgwick street, Brooklyn, was arrested and taken before the Commissioner at the United States court on a charge of being implicated in the removal of 20,000 gallons of whisky which had been placed in his charge. He was held to bail in the sum of $20,000. Grant and Sickles. The Times' special says: It has been-repeatedly stated that the dispatch of August 13th, from General Grant to General Sickles, which was printed on Saturday last, completed the correspondence. This is not the case. There were one or two other rief dispatches, and a letter from General Grant to General Sickles, dated August 24th, which being understood by the latter to be private he has not published, although Grant intended his authorization to cover everything. In this letter General Grant commends the wisdom of Sickles' acts. Tue Farmers' and Citizens' Banks. A deputation of officers and directors of the Farmers' and Citizens' National Bank of Brooklyn, consisting of Oren M. Beach, President. Smith Shelden, S. M. Baird and others, are here endeavoring to induce the Comptroller of the Currency to restore the Bank to its managers, on the ground that it is a public benefit, and they offer, as directors, to guarantee the indebtedness of the Bank to certain sums amounting to over $300,000, if the request is complied with. There is great doubt if the Comptroller has power under the law to suspend proceedings after they are once begun, and the application of the parties is suspended, pending legal opinion on this point. The Alabama Claims. Further correspondence relative to the Alabama claims upon Great Britain is made public: August 27. 1866, Secretary Seward sends to Minister Adams a summary of the claims of citizens of the United States for damages from privateers fitted out from British ports, and requests that Lord Stanley may be informed that settlement of these claims have become urgently necessary to the reestablishment entirely of friendly relations between the United States and Great Britain. The hostile course of the latter country during the rebellion is contrasted with the action of the United States Government toward the Fenian invasion of Canada in the following words: "There we haveseen various British warlike expeditions against the United States practically allowed and tolerated by Her Majesty's Government, notwithstanding remonstrance, and we have seen since that unlawful attacks in this country against Great Britain disallowed and defeated by the direct and unprompted action of the United States." The President. The The Tribune's special Presi-

12. September 13, 1867 The Wheeling Daily Register Wheeling, WV
Article from The Wheeling Daily Register, September 13, 1867

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FROM NEW YORK. Indian Affairs. Internal Revenue Frands-Great and Sickles-Bank Affairs-Alabama Claims-Correspendence-The President. NEW YORK, September 12.-The Herald's Sioux City special says: The Indian Commissioner reached here at noon to-day. All well. Councils were held with all of the different bands of Indians as far as Fort Sully. The Indian reservations were selected on Big Cheyenne river, and at the mouth of the Nebraska. The Commissioner starts at once for Omaha, and from thence to Fort Laramie, to visit the hostile tribes. The Herald's Leavenworth special says: The Indians fired into a passen ger train six miles west of Fort Harker ties on the were of about track, to-day. the which locomotive, They had removed when placed by the thirty- pilot five rose a and a poured Indians volley into up from the cars, ravine without injuring any one. A band of Cheyennes murdered three men and one woman at Plumb Bottom, on a few a named same at since, served the and the Little boy Arkansas, way last Malone Saturday days was Cow Creek, nineteen miles west of Fort Hacker. The Herald's special says: Developments of the internal revenue frands in Brooklyn are taking a tangible shape, and are so wide in their ramifications, it is said, as even to implicate certain members at at The Board whose proceedings identity of the Cabinet in present the Revenue is Washington, concerned. over these alleged frauds is said to have been somewhat stormy. Some of the members are offeriug to on Rolresign presence account here of them, time and Mr. was lins at one in furtherance of an investigation of the subject. Allen, keeper of the warehouse on leged was'arrested Sedgwick frauds yesterday street, have by been and whom held committed, the in $20, al000 bail, with a charge of complicity in the removal of 20,000 gallons of whisky r.Callicott, it is said, has brought to the knowledge of the Washington officials some very ugly matters relative to the doings of his prosecutors. J. C. Thompson, keeper of the bonded warehouse Nos. 24 and 26, on Sedgwick street, Brooklyn, was arrested and taken before Commissioner Norton on charge of being implicated in the removal of 20,000 gallons of whisky which had been placed in his charge. He was held to bail in thesum of $20,000. The Times' special says: It has been recently stated that the dispatch dated August 13th, from General Grant to General Sickles, which was printed on Saturday last, completed the correspondence. This is not the case. There are one or two other brief despatches, and a letter from General Grant to General Sickles, dated August 24th, which, being understood by the latter to be private, he has not had it published. In this letter General Grant comments the wisdom of Sickles. A delegation of officers and directors of the Farmers' and Citizens' National Bank of Brookln, consisting of Owen M. Beach, President: Smith Sheldon, S. M. Beard and others, are here endeavoring to induce the comptroller of currency to restore the bank to its managers, on the ground that it is a public benefit, and they offer, as directors, to guarantee for the indebtedness of the sums to over was doubt if the $300,000, with. bank, certain There if their is request amounting complied to after are comptroller suspend proceedings, has power, great under the they law, once begun, and the application of these parties was suspended. pending legal opinion on this point. to the is made Further Alabama and Great correspondence claims between relative the United 27th, sent to lic. Seward States On August Minister Britain 1866, Adams Secretary a sum- pabmary of the from teers, out British United of fitted States the claims for damages from citizens ports, priva- of and requests that Lord Stanley may be informed that the settlement of these claims has been urgently necessary to there-establishment of entirely friendly relations between the United States and Great Britain. We have seen the ruinous British warlike expedition against the United States practically allowed and tolerated by Her Majesty's Government, notwithstanding our remonstrange, and We have seen similar unlawful !attempts in this country against Great Britain disallowed and defeated by the direct and unprompted action of the Government of the United States. The Tribune's special says: The President will keep quiet now till after the fall elections. No cabinet changes will take place till after the Pennsylvania, Ohio and New York elections. Probably the President will suggest to the district commanders that the elections at the South all take place on the same day.

13. September 13, 1867 The New York Herald New York, NY
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MISCELLANEOUS WASHINGTON NEWS. WASHINGTON, Sept. 12, 1867. The President's Proclamation of the 3d Inst. The government printing office is now engaged in printing many thousands of the President's civil supremacy proclamation for distribution among all the officers and employés of the government. Nearly all the heads of the Departments have issued circulars enjoining the observance of its requirements. The following circular will be issued by the Secretary of the Interior to accompany the preclamation:DEPARTMENT OF THE INTERIOR, WASHINGTON, D. C,, Sent. 9, 1867. } SIR-Pursuant to the order of the President of the United States, I transmit herewith 20 official copy of his proclamation bearing date the 3d (nst. You are directed to strictly observe its requirer outs for an earnaport of the constitution of .ne United .ates and a faith- supful execution of the 19 N3 which have been made in pursuance thereof 1 am, sir, very respectfully, your obeding servant, O. H. BROWNING, Secretary. Political Prespects in South Carolina Satisfactory to the Radicals. Mr. W. J. Armstrong, who has been, for the past few weeks making a tour through South Carolina, under the auspices of the radical Congra ssional Executive Com mittes, has returned and reported such a condition of things appertaining the radical prospects in that State as to make the minds of said mittee quite at ease. Economy in the War Department. A circular was issued this morning from the War Department, stating that orders will be sent to recruiting and other disbursing officers to make weekly reports of the amount of public funds in their custody and where such funds are deposited, the reports to be made by mail, and not by telegraph. The use of the telegraph will be reduced, and orders sent by mail, instead of despatches by telegraph, as much as possible. The Late Riot at Farmville, Va. Information from Richmond, Va, to-night, states that Colonel Garrick Maltory, of the Freedmen's Bureau, went to-day to Farmville to investigate the causes of the late riot in that town and report to the General in command. He will return to-day. Instructions to be Observed in Purchasing and Locating Public Land Claims. Commissioner Wilson, of the General Land Office, has in course of preparation a pamphiet circular detailing in a concise and appropriate manner all the instructions to be observed in purchasing or locating claims of public lands. The circular. it is expected, will be ready for publication about the beginning of next week, and has been prepared to meet the great demand for such information, the replying to which now occupies a large portion of the time of the office. The Farmers' and Citizens' National Bank Failure. A number of the directors of the Farmers' and Citizens' National Bank of Brooklyn have had an interview with the Comptroller of the Currency, in order to induce him to revoke his order appointing a receiver, and proposing to take such measures as would guarantee its solvency. The Comptroller did not accede to the wishes of the directors, and the receiver will continue to discharge his duties. The First National Bank of Kingston, N. Y. The First National Bank of Kingston, N. Y., will probably suffer no loss by the failure of its President, as it is said he has turned over property sufficient to cover the amount of its liabilities.

14. February 21, 1868 The New York Herald New York, NY
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BROOKLYN INTELLIGENCE. THE LATE FARMERS AND CITIZENS NATIONAL BANK.The receiver of this institution having been instructed by the Comptroller of the Treasury to pay a dividend to its depositors yesterday, these victims poured into the bank building in a continuous stream from ten A. M. to four P. M. It was composed principally of men doing a small business and the representatives of wido WE and orphans whose dependence was at stake there. All were paid promptly fifty. five cents on the dollar, with a promise of more hereafter. Over $400,000 were paid out during the day, and $250,000 yet remain on hand for distribution. The payment of this dividend will materially affect the business interests of Williamsburg. WASHINGTON'S BIRTHDAY.-To-morrow being Washington's birthday and a legal holiday, business will be generally suspended in the Eastern district. This evening the Washington Association will give a grand ball and basquet at Masonic Temple. OIL WORKS ON FIRE.-About nine o'clock last night a fire broke out in the Diamond Light Oil Works, corner of North Thirteenth and Second streets, E. D., and damage to the amount of $10,000 was sustained; insured. The fire originated in the stillroom, and was of accidental origin. Fred. Stamp. one of the workmen, was slightly burned about the head. THE RECENT TUGBOAT EXPLOSION -Captain Dakin, of the tugboat James A. Wright, who was so seriously in. jured by the explosion of the boiler on Monday, is reported to be in an improving condition. The pilot, Mr. B. Fisher, is still in a precarious condition. The men are still as the Long Island College Hospital.

15. February 21, 1868 New-York Tribune New York, NY
Article from New-York Tribune, February 21, 1868

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the I White the and width, the with and of young met brother his Edward King Ed where the death; the Chapel the especially mentioned. BROOKLYN. The Brooklynites are begin the of cramming in the public schools Barnham's soirée Callisthenie takes place this evening A machine has been invented which, the plains Mr. William Newstreet lectured last night at Republican Headquarters, on great James Cassidy, while slightly intoxicated. walked overboard at the foot of Dock-s Wednesday night, but rescued. Mrs. Hughes fell dead in Hudson-ave. near evening. The body was taken Hudson in residence Only 113 of the 200 and more gas- -lamps in the lighted on Tuesday night. The remainder were scarcely visible. Mr. Henry Mott of Springfield, L.I. received the head Wednesday night, by fall on the at the corner of Middah and Willow-sts. J. The reported death of Mr. Cornelius incorrect Although laboring under illness, his phy sicians are of opinion that he will ultimately recover. The 30th annual ball in aid of the Brooklvn Roman Catholic Orphan is to take place Monday evening, under the spices of the Emerald Be Association. The young colored man, Francis Anthony, who alleged that he by the parents of betrothed visiting there on Sunday evening, died at his home on Wednesday night. pigeon-shooting match took place on Wed nesday at the House, between the Messrs Hartshorn and Bolmer, for $100 side. At the 20th shot both were even. and the stakes were drawn. The depositors of the Farmers' and Citizens National Bank Distric the dollar by Receiver Platt. Out of the in the hands of the Government nearly $400,000 disbursed The pilot of the steam-t tug James A. Wright Mr Benjamin Fisher in improving condition. and it A Silas The recover. captain, he that is probable Dakin, lies precarious condition. Both are at the Long Island College Hospital. The Grand Musical Entertainment held at the First Presbyteria Church on Wednesday under the auspices of Post No. 35, Grand Army of Republic. was complete The proceeds go to the families of sick and distressed soldiers. Washington's birthday is to be generally ob served Eastern District by the suspension of busi grand give Washington and bauquet at Masonic Temple. Grand and at light a national salute is to be fired. An inquest was commenced vesterday by Coroner Smith body of Henry Conklin, of 6th who penter, building Wykoff pelted obliged shelter the house wherein dispute some arose the two men, for on Conners being rested, Conklin found to have sustained injuries. The inquest was adjourned until Monday At the meeting of the Board of Fire Comthe Eastern District, on Wednesda even suspended from duty Jeffries, H. for giving false alarm on the 27th of Jen for and B George Evans, Lukey, George John charged. Wood, making fraudulent returns favor Evans election of officers pelled. The examination of J Slavin. Secretary Engine making false returns the Board, for Wednesday next FLUSHING Sedgwick of this place books large of pastor of the First Reform in Church Dutch amounting the gift of his parish foners. CYPRESS HILLS, L. On Wednesday the on Jamaica. driving along the by shistled harmlessly but the be murderer escaped. UNION COURSE -Coroner Hendrickson held inquest yesterday over the body of Mrs. Alfred an évenWednesday on place. residing Theal, last féll from her chair and almost The jury returned a verdict of death from disease of the heart. been has association HEMPSTEAD for of capital this formed the of Railroad determined upon by the the to MORRISIANIA Edward Hill' 8 residence on Eightl robbed on Wednes day morning of $700 worth of Dr Contliet. Mission The of Church, W between STATEN ISLAND The new Commissioners Messrs Island Drainage of Staten the Meyers. Scott, and Anderson Factoryville continues to meetings be MIDDLETOWN, The Trustees of the to Board of Education of for free condition that the Board pay all the property HUDSON CITY a meeting of the ComCouncil on Wednesday night. the North the County Railroad with refusing of accused Railroad Hoboken in city the outside their that and that property, citizens. the fit with the and side $100 for day JERSEY CITY Two new palace- have railroad of Fort Wayne They Coroner over the body of Mr. Alonzo Diver who was killed in late boiler explosion of the tug James A Wright, but postponed it until the evidence of the who at the Hospital on Staten Island, can be ob tained. NEWARK About a month ago, a man calle at: aboarding house in and board, saying that for the city sitting Into the dinner family room. Having been left by himself, he proceeded upper rooms of the house gathered up jewelry, money and clothing the value of $100, the premises. Yesterday morning a citizen of Newark visited watch factory in the lower portion of the city, where he mistaken by one of the workmen for the thief. and applied for his arrest. but before makin attidavit against the man, left to procure the services of another person, and, in the mean time, the accused entered the station house, he having heard of what was going About o'clock the afternoon. the lady keeping the boarding house and several of her peared to identify the man When the mistake to depart allowed discovered, Mr. E Spahn of this just painting of Gov. Marcus Ward of w-Jersey, which to be presented to that official in behalf of that re Robert the Carr. Republicans boy city siding at No. arrested yesterday accused of money from the He named

16. February 25, 1868 The New York Herald New York, NY
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Mining shares were dull. As the first board Smith Parmelee sold at $2 65; Consolida ed Gregory Gold, S4; La Crosso Gold, 70c.; Quartz Hill, $1 30; Montana, 50c. Corydon, 40c. The text of the joint resolution authorizing the Comp. troiler of the Currency to revoke the appointment of receiver for the Farmers and Citizens' National Bank of Williamsburg, and to restore the bank to its owners, is as follows:Be it resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That the Comptroiler of the Currency be au horized, with the approval of the Secretary of the Treasury, 10 revoke the order appointing a receiver for the Farmers and Citizens' Bauk of Wildamsborg, New York, and restore the said bank and the management

17. March 6, 1868 The New York Herald New York, NY
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Placer mining is on the decline. Vein or quartz mining is progressing favorably. There is a general decline in the bullion product. The population actually engaged in mining has greatly diminished in the past few years, and does not now exceed fifty thousand. Agriculture, manufactures and commerce are assuming the preponderance over the mining interests. The area of land suitable for cultivation is much larger than was originally supposed. Important results are anticipated from the completion of the Pacific Railroad. The miscellaneous minerals of the Pacific slope are elaborately described. Copper mining is in a depressed condition; also quicksilver. The report embraces detailed descriptions of the mineral resources of California, Nevada, Utab, Arizona, Montana, Idaho, Washington Territory and Oregon. Interesting statistics are also given of the history and condition of the mining interest in Europe, Mexico, South America, Australia and Brisish Columbia. Appointment by the President. The President has nominated to the Senate David M. Fleming. to be Assesser of Internal Revenue for the Fourth district of Ohio. Bills Signed by the President. The President has signed the bill extending the time for the completion of the Dubuque and Stoux City Rails road; also the joint resolution authorizing the Comp. troller of the Currency to revoke the appointment of receiver for the Farmers and Citizens' National Bank of Williamsburg, M Y., and to restoro said bank to its owners under certain conditions; and also the will authorizing the Lighthouse Board, when in their- judgment it is deemed necessary, to place a light vessel or other suitable warning of danger over any wreck or temporary obstruction to the entrance of any harher or in the channel or fairway of any bay or sound. Mr. Van Horn's Testimony Before the Impeachment Committee-Mr. Stanton's Refusal to Deliver the War Office to General Thomas. Hon. Burt Van Horn, sworn and examined by the Impeachment Committee:-Q. By Mr. Bingham-State whether you were present at the War Department when Lorenzo Thomas, Adjutant General of the United States, was making a demand for the office property, books and records? A. I was Q. When was it? A. It was Saturday morning last about eleven o'clock. Q. Who were present? A. General Charles H. Van Wyck, of New York; General G. M. Dodge, of Iowa; Hon. Freeman Clark, of New York: Hon. J. K. Moorhead, of Pennsylvania; Hon. Columbus Delano, of Ohio: Hon. W. D. Kelley, of Pennsylvania, and Hon. T. Wt. Ferry, of Michigan, and myself. The Secretary of Was, Mr. Stanton, and his son were also, present. Q Now state what took place. A. General Thomas came in from the President. We S&W him coming and waited in the office of the Secretary of War until he came in. When be came at first he said " Good morning, Mr. Secretary and gentlemen.' We all said "Good morning." He said he did not wish to interfere or take the time of the Secretary while these gentlevasn were present. Secretary Stanton replied that he ha no business on his hands in particular; that if he ba & anything to say to say it. The following conversation then en-General Thomas- am Secretary of War ad interim, and am ordered by the Presi dant of the United States to take charge of the office. Mr. Stanton-"I order you to repair to your room and exercise your functions as Adjutant General of the army." General Thomas-"I am Secretary of War ad interim, and I, shall not obey your order, but I shall obey the orders of the Prestdent. who has ordered me to take 'charge of the War Office." Mr. Stanton-"As Secretary of War I order you to repair to your place as Adjutant General." General Thomas-"I shall not do so." Mr. Stanton"Then you may stand there if you please, but you cannot act as Secretary of War; if you you do so at your peril. General Thomas-"I shall act as Secretary of War." This conversation occurred in the Secretary's office. General Thomas then wen's into General Schriner's room, followed by Mr. Stanten, Mr. Ferry, Mr. Morohead and myself, when the following conversation occurred:Mr. Stanton-"Then you claim to be here as Secretary of War, and refuse to obey my orders?" General Thomas-"I do so. I shall require the mails of the War Department to be delivered to me, and shall transact all the basiness of the War Department." That is the substance of the conversation. There were some other little things said in the meantime, which I have not thought it necessary to repeat,

18. March 11, 1868 The Evansville Journal Evansville, IN
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[PUBLIC RESOLUTION-No. 14.] JOINT RESOLUTION authorizing the Comptroller of the Currency to revoke the appointment of receiver for the Farmers' and Citizens' National Bank of Williamsburg, New York, and to restore said bank to its owners under certain conditions. Be it resolved by the Senate and House of Representatives of the United States of America in Congress Assembled, That the Comptroller of the Currency be authorized, with the approval of of the Secretary of the Treasury, to revoke the order appointing a receiver for the Farmers' and Citizens' Bank of Williamsburg, New York, and restore said bank and the management thereof to the directors for the purpose of enabling the association to continue the business of banking: Provided, That said banking association shall first present to the Comptroller satisfactory assurances that the public interest will be promoted thereby, and shall secure, in such manner as the Comptroller shall direct, the full payment of all the creditors of the association, and shall restore the capital stock to its original amount in case the capital has been impaired by losses. Approved, March 2; 1868.

19. March 12, 1868 The National Republican Washington, DC
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[PUBLIC RESOLUTION-No. 14.] JOINT RESOLUTION authorizing the Comptroller of the Currency to revoke the appointment of receiver for the Farmers and Citizens' National Bank of Williamsburg, New Yerk, and to restore said bank to its owners under certain conditions. Be it resolved by the Senate and House of Rep. resentatives of the United States of America in Congress assembled, That the Comptroller of the Currency be authorized, with the approval of the Secretary of the Treasury, to revoke the order appointing a receiver for the Farmers and Citizens' Bank, of Williamsburg, New York, and restore the said bank and the management thereof to the directors for the purpose of enabling the association to continue the business of banking: Provided, That said banking association shall first present to the Comptroller satis. factory assurances that the public interest will be promoted thereby, and shall secure, in such manner as the Comptroller shall direct, the full payment of all the creditors of the association, and shall restore the capital stock to its original amount in case the capital has been impaired by losses. Approved. March 2. 1868.

20. April 6, 1868 New-York Tribune New York, NY
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# THE COURTS. CIVIL. The following named persons filed petitions in Bankruptcy last week: Wm. L. Hahn, Walter S. Sparks, Fredk. W. Sudonci. Barak Cornell, Thos. K. Borden, Joseph C. Jewell and James H. Nourse, all of this city. The April term of the Courts commences to-day. Judge Blatchford will formally open the U. S. Circuit Court. Judge Nelson is expected on Tuesday. There is not much business before the Court. The U. S. District Court will be occupied with Admiralty causes, and on Saturdays Judge Blatchford will hear motions. In Justice Sutphen's Court, Jamaica, a verdict for the defendant was rendered in the case of Mrs. Ann Conners against Mrs. Ellen Lowrie. Several years ago Mr. Geraty, a former husband of complainant, became indebted to the husband of defendant (since dead) in the sum of $10, the amount of a liquor bill. Mrs. Lowrie was unable to collect the sum due from Mrs. Conners until about a year ago, when the latter, becoming seriously ill, paid the amount of her former husband's indebtedness. Having subsequently recovered her health, she entered suit on the ground that she was insane by reason of severe illness. In the New-Jersey Court of Appeals, a decision was rendered in the case of the Rev. Mr. Baird against his wife for control of their children. In 1860 his wife left him on account of alleged infidelity on his part, taking with her the children, then five in number. About two months subsequently she gave birth to another child. As Mrs. Baird persistently refused to return to her husband, about two years after her absence her husband obtained a decree of divorce, on the ground of unlawful abandonment without sufficient cause. He afterward moved, before Chancellor Zabriskie, for an order giving him the custody of the children. The Chief-Justice, in his decision, gave the mother the custody of the two youngest children and the eldest, and ordered the other three under the care of their father. In the Surrogate's Court the following wills were proved: Daniel Lord, John Reick, Charles Magnis, Jane Martin, Elizabeth Cairns, Dennis O'Brien, John Daly, Dorathy Milne, Michael Clark, Wm. Belcher, Frederick W. Muteret, George Atkinson. Letters of administration granted on the estates of Sarah Waters, James MeGeouch, otherwise McGeon; E. Lobdell, Thomas Neller, Sarah Morgan, Aaron Goldsmith, otherwise Goldschmidt; Niel Madsin, Andrew Nanson, Rachael Newcomb, John E. Johnson, Michael Ranayne, George Kohl, Elizabeth Blanch, James McLean, Alexina Sewell. The following named guardians were appointed: Jacob Strauss, guardian of Charlotte and Samuel Strauss: Henry Wilkins, of Gustavus Fugenhan; Michael Cotter, of John, Elizabeth, and Ellen Billaney. In the Kings County Supreme Court, Special Term, before Judge Gilbert, on Saturday, the ease of Frederick a Platt, receiver, &c., against Patrick Campbell, Sheriff, and others, was heard. Plaintiff is the Receiver of the Farmers' and Citizens' National Bank of Williamsburgh, and brings this action to remove a cloud from the title to the real estate occupied by the bank, consisting of several judgments, one of which was obtained 20 years ago, and another entered in December, 1867. An execution was issued at the time, a levy made, and judgment was taken by default. The case was carried to the Court of Appeals, and the decision in the lower Courts was reversed, and sent back for a new trial. This action is brought to restrain the defendants from proceeding to collect the judgment pending the litigation between the parties. Judge Gilbert took the papers and reserved his decision. The Supreme Court will, during this month, hold but three parts, General Term, one Circuit, and Chambers. The rooms heretofore occupied by the other Circuit and Special Term have been appropriated to other uses, and there is therefore no room. Even with this limited number of Terms a judge will have to be called from some other district to hold the Circuit. Judge Sutherland is assigned to Chambers. Under the new rule the General Term will first dispose of the non-enumerated motions, and as these include five appeals from Erie orders, some appeals on Chicago and Rock Island, some on the Wood leases, and over 140 other appeals, many of which last are of great importance, it is quite probable that this part of the calendar, with the preferred cases, will occupy the larger portion of the terms. The Superior Court, as usual, holds two Trial Terms, to which Judges McCann and Jones are assigned for the month. Judge Garvin will hold the Special Term. All the Judges of the Common Pleas will be engaged in holding General Term, and will alternately preside at Special Term when not so occupied. Judge Curtiss will call the calendar in the Marine Court.

21. April 26, 1868 New Orleans Republican New Orleans, LA
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authorizing the Controller of the Ourrency to revoke the appointment of receiver for the Farmers' and Citizens' National Bank of Wibiamsburg, New York, and to restore said bank to its owners under certain conditions. Be it resolved by the Senate and House of Peprosentatives of the United States of America in Con gress assembled, That the Dentrol ar of the Ourrency be authorized, with the approval of the Secretary of the Treasury. to revoke the order appointing & receiver for the Farmers' and Citizens' Bank of Williamsburg, New York, and restore the said bank and the management thereof to the directors, for the purpose of enab ing the association to continue the business of banking: Provided, That said bank ing association shall first present to the Controller satisfactory assurances that the public interest will be promoted thereby, and shall secure, in such manner as the Controller shall direct, the fail payment of all the creditors of the as-ociation, and shall restore the capital stock to its original amount in case the espital has been impaired by losses. pproved March 2, 1868 & RESOLUTION such rising the Lighthouse Board to place warnings over obsi rustions at the on Issues of harbors, or in the fairway of bas a and novada, and for other purposes. Reselved by the Sunste and House of Representstives of the United States of America in Bongross

22. July 24, 1868 St. Johnsbury Caledonian Saint Johnsbury, VT
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Joint resolution authorizing the comptroller of the currency to revoke the appointment of receiver for Farmers' and Citizens National bank of Williamsburg, New York, and to restore said bank to its owners under certain conditions. Be it resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That the comptroller of the currency be au thorized, with the approval of the secretary of the treasury. to revoke the order appointing a receiver for the Farmers' and Citizens' bank of Williamsburg, New York, and restore the said bank and the management thereof to the directors, for the purpose of enabling the association to continue the business of banking: Provided. That said banking association shall first present to the comptroller satisfactory assurances that the public interest will be promoted thereby, and shall secure, in such manner as the comptroller shall direct, the full payment of all the creditors of the association, and shall restore the capital stock to its original amount in case the capital has been impaired by losses. Approved, March 2, 1868