17320. Canal Bank (Cleveland, OH)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 25, 1857
Location
Cleveland, Ohio (41.499, -81.695)

Metadata

Model
gpt-5-mini
Short Digest
2b266fa9

Response Measures

None

Description

Articles describe an over-issue / fraud, suspension of redemption of the bank's notes by the Ohio State Treasurer, appointment of a receiver (John M. Armstrong), lawsuits, and eventual winding up. No contemporaneous run is described; events point to suspension and permanent closure with a receiver. Relevant dates: listed among suspended banks to Sept. 25, 1857; Treasury suspension of redemption notices appear Feb 1858; receiver actions and suits reported 1859–1860. Cause of suspension is bank-specific fraud/over-issue.

Events (3)

1. September 25, 1857 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Over-issue of the bank's circulating notes (fraudulent/unauthorized issuance) discovered; state treasurer suspended redemption of its notes when securities were exhausted or over-issue discovered, bringing its bills into discredit.
Newspaper Excerpt
Canal Bank, Cleveland, Ohio. (listed among LIST OF SUSPENDED BANKS TO SEPT. 25TH)
Source
newspapers
2. February 1, 1858* Other
Newspaper Excerpt
the treasurer of the State of Ohio ... he has given notice that the work of redemption would be suspended. We have no particulars with reference to this newly-discovered fraud, but the effect of it will be to bring the notes of all the State stock banks into discredit for the time being. (Feb 1858 reports of suspension of redemption after discovery of over-issue.)
Source
newspapers
3. January 10, 1859 Receivership
Newspaper Excerpt
Since my last report it has been discovered that there is an over issue by this bank ... the Receiver thinks the books of the bank corroborate this statement. Suit has been commenced against the President ... (report referencing Receiver J. M. Armstrong and suits).
Source
newspapers

Newspaper Articles (22)

Article from The Ashland Union, January 28, 1857

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BROKEN BANK PAPER / The Canal Bank Cleveland, which had out a circulation of $105,949 when it failed, bids fair to come out, some. of these days, without holders losing any. thing. The $ 06,168 of bonds, to se cure the circ lation, were sold for $108, 811, of which $43,890 have been applied in the redemption of its issue. The State Treasurer, in his annual report says the Receiver is expected to pay in $28,000 on the 10th of December next; if so, the Treasurer will also pay on that day a dividend of twenty per cent. upon $153,217 44 due to general creditors of the bank, and rely upon assets not yet converted into money for any deficiencies, and to make good the redemption fund. It is claimed that the bank is not liable on $41,378 of the sum mentioned as due general creditors. The amount to be realized from the assets depends upon the result of several suits now before the courts. Under the act to incorporate the State Bank of Ohio and other banking companies twelve independent banks were organized. Onedfailed to redeem its bills and four to opy general creditors. The circulatic of these twelve is $1,139,164; the Folds in the treasury to secure this amount to $1,150, 975, viz: Circulation. Names of Banks. Bonds. $145,370.00 Bank of Geauga $145,866 154,997 City Bank of Cl-veland 125,000 00 47 55,921 Canal B'k of Cleveland 57,178 00 84,300 14,300 or City Bank of Columbus 00, 49,961 City Bank of Cincinnati 50,000 00 5,000 Com. B'k of Cincinnati 1,124 53,680.00 53,673 Dayton Bank 00 90,703 Franklin B'k Zanesville 96,300 00 103,050 703,950 Mahoning County Bank 203,899 14 295,643 Senaea County Bauk 00 50,600 50,600 Sandusky City Bank 174,012 Western Reserve Bank 174,105 64 Total $1,150,975 $1,139,164 Cincinnati Enquirer.


Article from The Davenport Daily Gazette, October 6, 1857

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St. Louis. Sr. LOUIS, Oct. 3d. We have nothing new to notice in the money market. Great stringency and insecurity continue to prevail. The body of our business men, however, stand firm, and no recent failures have been reported. The currency question is involving the community in greater embarrassment than ever. The banks have repudiated nearly all foreign bills, and throughout the city there is a great lack of a circulating medium. Retail traders are refusing all bank bills except those of the State Banks of Ohio and Indiana. Something must be done by our financiers to improve this state of things. The brokers aae holding frequent meetings but as yet, have recommended no means by which to escape the troubles. They only desire to save themselves. Our merchants should go to work and adopt some remedial plan for the whole people. Certainly, we have financial talent enough in our city to extricate us from this difficulty. The disorders of the community consequent upon the money troubles, have already been overcome. We have no longer any panies to contend against. All is quiet. The banks are safe and sound. The only difficulty is, how to start the wheels of currency. Let our competent business men, we have plenty of them, take the matter in hand. It must be done and quickly too. Rates of Exchange are entirely nominal. Prices for money are irregular, the banks discounting a very little at their legal rates, any outside lenders getting almost anything they ask-St. Louis Democrat, 3d. Cincinnati. CINCINNATI, Oct. 3d. This was another gloomy day in financial and business circles, and very little was done during the day. All seem as if waiting for the crisis, and what may be its conseqences in discussed generally. Money cannot be borrowed to any great extent. Exchange on New York is scarce, and in demand at 5 prem., and in one case, we know 9 prem., was paid. The banking houses are discriminating more closely, and the notes of the suspended Ohio Banks were thrown out to-day, also the notes of the Ashland (Ky.) Bank. The Miami Valley, Seneca County, Canal Bank of Cleveland, City Bank of Columbus, Clinton Bank of Columbus, Dayton Bank, Springfield Bank, and Upton Bank Sandusky, and it in clear that if some change does not take place for the better soon, the consequences must be most disastrous.-Commercial.


Article from Vermont Watchman and State Journal, October 9, 1857

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LIST OF SUSPENDED BANKS TO SEPT. 25TH. Meusam River Bank, Sanford, Maine. Canton Bank, South China, Maine. Ellsworth Bank, Maine. Exchange Bank, Bangor, Maine. Sanford Bank, Sanford, Maine. Exter Bank, New Hampshire. Danby Bank, Vermont. South Royalton Bank, Vermont. Bank of the Republic, Providence, R. I. Bank of South County, Wakefield, R. I. Farmers' Bank, Wickford, R. 1. Mount Vernon Bank, Providence, R. I. Tiverton Bank, Fall River, R. I. Warwick Bank, Warwick, R. I. Merchants' Exchange Bank, Bridgeport, Ct. Colchester Bank, Conn. Bank of Orleans, Albion, New York. Hollister Bank, Buffalo, New York. Niagara River Bank, Tonawanda, N. Y. Oliver Lee & Co.'s Bank, Buffalo, N. Y. Ontario County Bank, Phelps, N.Y. Ontario Bank, Utica, N. Y. Reciprocity Bank, Buffalo, N. Y. Sackett's Harbor Bank, Buffalo, N. Y. American Bank, Trenton, N. J. Bank of New Jersey, New Brunswick, N.J. Bergen County Bank, Hackensack, N. J. Bank of Kanawha, Virginia. Trans-Allegany Bank, Virginia. Bank of Commerce, Georgetown, D. C. Canal Bank, Cleveland, Ohio. City Bank, Cincinnati, Ohio, Seneca County Bank, Tiffin, Ohio. Miami Vally Bank, Dayton, Ohio. Clinton Bank, Columbus, Ohio. Columbus City Bank, Columbus, Ohio. Union Bank, Sandusky, Ohio. Agricultural Bank, Brownsville, Tenn. Bank of West Tennessee. Bank of the Capitol, Indianapolis, Ia. Central Bank, Indianapolis, la. Bank of Elgin, Elgin, Illinois. Rock River Bank, Beloit, Wisconsin. Pennsylvania Bank, Philadelphia. Girard Bank, Phiadelphia. Bank of Canandaiagua, Canandaigua. Western Bank, Lockport, N.Y. Commercial Bank, Philadelphia. Six Penny Savings Bank, Rochester, N. Y. Albany Eve. Journal.


Article from M'arthur Democrat, February 4, 1858

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Depreciated Currency. We take the following from the Cleveland Plain Dealer. Most of the currency in circulation in this city is notes on the following suspended banks: Canal Bank, Cleveland. Seneca County Bank, Tiffin. Union Bank, Sandusky. Sandusky City Bank, Sandusky, Dayton Bank, Dayton. Miami Valley Bank, Dayton, Clinton Bank, Columbus. The Canal Bank failed years agothe time allowed for closing up its affairs has expired-the stocks pledged for the redemption of its bills have been sold, and the State has the proceeds, but refuses to redeem its notes in anything but currency. What we say of the Canal will apply to most of the other banks named above. Their bills are being bought up from two to twenty-five per cent. discount in Cincinnati and throughout the West, sent here and exchanged for notes of the specie-paying banks of Ohio, Indiana and Kentucky. It is very profitable business for the brokers and banks engaged in it, and will soon bring to this city nearly all the bills these suspended banks have out, and take from us what few notes we now have of specie-paying banks. If we have a check on one of the Cleveland banks for $2,000, probably $1,800, and possibly the whole of it, will be paid us in suspended banknotes-$1,000 of which is only worth in Cincinnati, and at most other points, $970 in gold, or $980 in notes of Ohio, Indiana or Kentucky specie-paying banks. If we object to being paid such stuff, we are told "it is taken by all the banks in this city, and is bankable funds. Our bank financiers may be. pursuing the right course, but we differ from them. We say, throw out the notes of all non-specie paying banks. The State authorities should at once dispose of, for coin, the securities held for the redemption of the notes of the above named banks, and redeem their notes in coin, which will cause them to be sent in rapidly. It is our impression the auditor of State had no legal right to sell the bonds of the Canal Bank for anything but coin, and that he is under obligations to redeem its notes promptly in coin whenever they are presented for redemption, and after they are redeemed, they would not be put in circulation again. The charter of the Clinton Bank of Columbus has expired, and it is time its bills were taken пр. We think there are no securities pledged for their redemption.


Article from The Ashland Union, February 17, 1858

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Bank of Cleveland. Mr. Stone, Chase's Treasurer of State at Colunbus, has notified the public that after the 1st of next March, the notes of the Capal Bank of Cleveland will not be received by him. After that date then, they will probably be worthless. All persons therefore having notes of the Canal Bank of Cleveland, had better be running them home. 7 he Banks in Canton and Massillon will take the paper at par for a time. The Merchant's Bank at Massillon, the officers inform us, will receive the paper of the Canal Bank to the latest moment that they can forward it to Columbus, in time for redemption. We think it contemptible in Treasurer Store to thus take snap judgement on the people. The time given is entirely too short and if adhered to we fear will cause a loss to the public.- Stark Co. Dem.


Article from The Daily Dispatch, February 19, 1858

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AN OVER ISSUE IN OHIO-The Cincinnati Gazette of the 15th states that the treasurer of the State of Ohio, having discovered an over issue in the circulating notes of the Canal Bank. of Cleveland, he has given notice that the work of redemption would be suspended. It will be necessary for parties who hold the notes to present them before the 12th of March, in accordance with notice hereto fore given. We have no particulars with reference to this newly-discovered fraud, but the effect of it will be to bring the notes of all the State stock banks into discredit for the time being.


Article from Fremont Journal, February 19, 1858

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Over ISSUE OF THE CANAL BANK OF CLEVELAND.-The Treasurer of the State of Ohio having discovered an over issue in the circulating notes of the Canal Bank of Cleveland, he gave notice on Saturday that the work of redemption would be suspended. It will be necessary, we suppose, for parties who hold the notes, to present them before the 12th of March, in accordance with notice heretofore given. We have no particulars, with reference to this nowly discovered fraud, but the effect of it will be to bring the notes of all the State Stock Banks into discredit, for the time being.This over-issue, is we suppose, another feature of the Great Breslin-Gibson frauds, so that the bottom of these villainous transactions has not yet been reached.-Cincinnati Gazette.


Article from Delaware Gazette, February 26, 1858

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THE CANAL BANK OF CLEVELAND.-The Treasurer of S ate has discovered what is supposed to be a new feature in the Breslin stealing, viz : an over-issue of the circulating notes of the Canal Bank of Cleveland.It will be remembered that this is one of the Independent Banks, and that it has been in the course of closing up for some months past-the bills being redeemed by the Treasurer of State who held the stock securities for its issues. That officer has now given notice that the work of redemption is suspended for the present--the securities for that purpose having been exhausted.


Article from Cleveland Morning Leader, December 8, 1858

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SUSPENDED BANKS.-The Columbus Gazette states that the Treasury is paying 75 cents on the dollar on bills of the City Bank of Cincinnati, and that there is no present market value for the bills of the Canal Bank of Cleveland and Seneca County Bank. The Franklin Bank of Zanesville, always one of the safest Banks in the State, has given notice of its intention to surrender its franchise, and is withdrawing its notes from circulation.


Article from Chicago Daily Press and Tribune, January 10, 1859

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# Canal Bank of Cleveland - A Remarkable Financial Trausaction. [From the Oulo Treasurer'a Report.) Since tuy last report it has been discovered that there is an over issue by this bank of some $15,. 500. As there was a surplus in my hands after redeeming what was legally outstanding, I continued to redeem these notes, till the last dollar was exhausted. There remains, still uuredeemed, and for which I have granted certificates, $12.550. When this over issue was discovered, J. M. Artustrong, the Recerver, visited Mr. Breslin, in Canada, to lears, if possible, the instory of this transaction. Mr. Breslin's version of the matter, as I learn trom Mr. Armstrong, is this: A tew months previous to the failure of the bank, a Mr. McMillen, of Akron, who was largely interested in the bank, came into the Treasury, and inquired if he (Breshn) and received $50.000 of Ohio State Stocks on account of the Canal Bank of Cleveland, and on being informed that no such stocks had arrived, manitested considerable surprise, remarking at the same time, that they had lmugut that amount of stocks of Messra. Alwood & Co, and had ordered them tran-ferred and forwarded to this office, as they were in great waut of circulation. He requested Mr. Breslin to have that amount of notes sigued and registered, so as to be ready for delivery immediately on receipt of the bonds. Mr. Bre-lin ordered the Register to prepare the notes. The next day Mr. McHilton calted again, and inquired of the bonds had arrived, and being answered in the negative, requested Mr. Breslin to let him take the amount of notes which had been mmutered and registered, $18,500; that the bonds would certainly arrive that day; that Messrs. Atwood & Co. had probably sent their bonds to the bank at Cleveland, instead of direct to the Treasury, as requested, and that the bank would send them immediately on arrival. Rely-fog on this stateunent, he gave him the circulation, but the bonds never came. The Receiver thinks the books of the bank corroborate this statement. About thus time the Ca-hier, Mr. Severance, credited himself us a depositor to this amount, $18 500. Bad Le charged circulation account, as he should have doue, it would have spowa a decrepancy between bis circulation and stock account. Had he put it in car-culation, without crediting himself, or some one else, his cash account would have bee 1 over that amount. To avoid these difficulties, like a very shrewd bookkeeper, desirous of covering up a very dirty tran-action, be credited the same to Mr. Hewitt, the President. After the failure of the Bauk, Mr. Hewitt claimed this credit among others, as an offset against his bills payable, and it was allowed him by the Receiver, no suspicion of this transaction having existed at the time. Suit has been commenced against the President, to recover back this amount. Sheald it be recov. cred, it will be ample to meet the over issue, aud leave a balance for the general creditors.


Article from The Tiffin Tribune, January 14, 1859

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terest: CANAL BANK of CLEVELAND. has been is ered that there an. Since my last report it by $18,599 Anithere Bank of some hands after I continued redeeming to the last wasilegally surplus these in my outstanding notes, till remains. still unredeem dollar deem There I have granted ed, and 812,869. issue was visited exhausted. cates, for which over discovered, certifiWhen this the if possis M. Armstrong. in Canada, transaction to Receiver, Jearn, Mr. Mr. Brealin of this matter, as I J. ble, Brealin's the history version Armstrong, of the is this to the failure learn months MoMillen, from A Mr. low Bank, A Mr. pres jous in the of Akron, Bank, if he of the wan largely interested and asked Ohio came (Brealin) who into had the received Treasury account of $50,000 the informed Canal of Bank that State Stocks on and on being manifested of Clayeland, stooks had arrived, remarking at considerable no time, that surprise. they of Messrs. had bought Atwood same amount such of stocks their transferred. that & and had ordered office, immediately. Co., forwarded to this want of circulation, as they were in Mr. Brealin to He requested of notes signed and immediate. and amount great for delivery registered, have Breslin that so as to be ready the bonds, Mr. the notes. ly on receipt the Register of MciMillen to prepare led again, ordered next day, Mr bonds had arrived, reinquired if in the take the and The answered the to let him negative, and being numberquested which the bonds amount Mr notes Breslin $18,500. had that that been day; that sent certainly arrive probably Alwood & at Cleveland, ed and would Messrs. registered, the Bank Co. had as request in the honds direct to to the Treasury send them stead of that the Bank would Relying on this on him the bonds never books statement, but ed, immediately and the he gave arrival came. the circulation, of the Receiver thinks this statement. Bank The corroborate the in part Cashier depositor Mr. Sever to About this time. himself as a he charged amount, as he account shown a ance, circulation this credited $18,500. Had should discrepancy account have done, cred between cash it would his scirculation in circulation. have and else, without stock his Had he or some one that iting would have been over like a avoid desirous account Himself, put these difficulties, of covering amount very shrewd To book keeper. transaction, he credited wards a very dirty He after s amount and After as Hewitt, the Mt. Hewitt offset up charged Mr. himself to Bank, himself. President. edited the an claimed same the failure credit of the among others, and it was allow of this his bills payable, no suspicion him by the existed against ed this transaction Receiver, been having comm enced thisamount. against at the time. the President Suithas recover back it will be ample balance Should it over-issue, be recovered, and leave a meet for the the general creditors. SENECA COUNTY BANK. on the This Bank went last. to I protest have redeemed more, by day of March $100,879, being hands, $879, than still in my its circulation left should 82,121 have been outstanding protest There is to the Bank. On W. B. belonging immediately appointed who took Hon. possession Receiver, the Bank of the books and was Soon Thralf after. as Judge papers Thrall Treasury, of and appointed there. Comptroller of the position as Receivupon he resigned his appointed J T. Clay or. I thereupon the vacancy, who at once duties gave of bonds, and assets of any annexe poole to fill No entered upon the the value were post. will be seen by compiled of the Receiver, that on history found. the It Bank, by the carefully stock from its books of April. 1857, the assets the 25th day and divided all the the circula holders met, leaving stocks de among themselves, for by the Al to with the State tion posited be provided was Treasurer. wholly illethough this transaction provided for the general had gal, yet having wrong would have grown issue for, creditors, no there not been an over and un. out circulation of it still unprovided parties concerned in of to the of known. except What the amount but the the is, I am is $28,000. fraud given fraud. are that unable it to say. notice of probabilities The Reciver has the circula 838,887. the bilh holderé to resturn for the same to tion to him, giving saitagainst receipts the stock and williammente back the amount holdors to recover There is no doubt over of the liability them divided. for every dollar of this sue. while these suits are their panding, money the bill But, holders must seems wait to b for very giner's) boun The opinion in good faith, is not only this Bank the take State, up the over-issue of the of Canal Ban to but also the over This issue opinion is undoubt that of Cleveland founded on the rule of of law, his edly is bound by the acts for agen him NO far as he not have State principal frauds has could authority to of act existed, the These agent pos cept also equally true that from issuin It is by the acts the of Treasurer an the law tively forbids notes than there wer more circulating But, having consen b ed the bill. holders stocks to become deposited a kind of and stake the holder Banks,


Article from Ashtabula Weekly Telegraph, January 15, 1859

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Ashtabula, Ohio, Jan, 15, 1859. COLUMBUS CORRESPONDENCE. COLUMBUS, Jan. 11, 1859. MR. REED-This is the second week of the adjourned session of the General Assembly of Ohio. You have doubtless perused the admirable document"from the Executive to the Legislature, and gathered from it some of the necessities & wants of the State. to supply which the Legislature is ostensibly convened. No subject of importance has yet secured attention from either branch, and the "sayings and doings' have been confined to topics of minor consideration. Partial appropriation bills have been passed, to meet the exigencies usual at this season of the year, and to supply the wherewith for the solons to carry on the ship of State. There are various propositions before the House and also the Senate, for changes in the School Law, but from my knowledge of the views of members, I do not anticipate any material change. Tue interests and wants of the different localities are somewhat conflicting, and no one has a clear understanding of what is required to render the system unobjectionable to the masses, Some are for raising the standard o our schools higher; others for tearing down the noble fubric. One neighborhood petitions for power to increase the tax levy; another to discriminate between tax-payers, who have, and those who have not children to educate. So we go-neither interest looking to the perfecting of the system on the basis now established. Another topic which is likely to attract attention here, and in all portions of the State, is the discussion of our interest laws. Last winter the question was gravely discussed upon the proposition to make the rates uniform by repealing the ten per cent law. The report of that ruinous enactment was before the House for some weeks, and elicited general discussion, and was finally lost, on a vote 50 to 50. Already the question has again been before the House upon other propositions, one of which was to make the uniform rate at 7 per cent.The vote upon this was anything but satisfactory, but I have "still confidence that some measure of relief from the ten per cent law will yet pass. The question is now before the Senate. Senator CADWELL is ardently enlisted in favor of repeal. A proposition is before the Senate to raise a committee to revise the tax laws and suggest such amendments as will bring the whole system within the comprehension of ordinary minds. This is a favorable indication. The only matters of local interest to your readers pending before the legislature, are-a bill introduced in the Senate by Mr. Cadwell, to authorize Commissioners in certain cases, to reduce the width of County roads; and by Mr. . LLEN, in the House, to enable the State Board of Agriculture to recognize the township and district societies, organized within this State. The eighth of January was observed here by the more patriotic of our Democratic fellow citizens, and a sumptuous repast prepared at the comAmerican, wher witty sentiments & wine mingled until the small hours of the following Sabbath. The Committee appointed last spring to in vestigate the Breslin defalcations are now in session in this city, and their report to the Legislature may be expected before long. It is rumored that the investigation has resulted in discovering where a material portion of the money was absorbed-and which has been traced to parties little suspected of conniving at the great fraud. Notes of the Canal Bank of Cleveland, are not redeemed at the Treasury, now, for reasons stated in the report of the Treasurer sent you The Receiver of the Seneca County Bank takes the notes of that institution, and gives s receipt which draws interest from its date. Parties in Ashtabula county having notes of the Seneca Co. Bank, would do well to exchange the same for the receipt of the Receiver, re deemable at some future day. We are enjoying a fine spell of weather-th A. Yours, ground frozen and bare.


Article from The Cadiz Democratic Sentinel, January 19, 1859

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The Canal Bank The out of the Bag. "Button, Button, Whose Got the Button!" [NURSERY PLAY. The official report of the Treasurer of State has unveiled the rascally transactions of the late defunct Canal Bank of this City, and shows that over issues obtained by fraudulent representations has caused the depreciation of its bills and the consequent loss to its bill holders. We have long smelt this rat, and are glad although at this late day, to have him smoked out. The people are indebted to the vigilance and perseverence of Mr. Armstrong, the Receiver, for this tit-bit of information. Dr. Ackley, it will be remembered, when this "Independent" Institution shut down upon some $17,000 of his funds, took a crow bar and Sledge Hammer and walked through the iron casement to its vault. But that was found empty as Mahomet's tomb. The money was out and the question then arose "who has got the money?" The question is now answered fully and officially. Here is the extract from the Treasurer's Report relating to thissubject.--Plaindealer. THE CANAL BANK OF CLEVELAND. Since my last report it has been discovered that there is an over-issue by this Bank of some $18,500. As there was a surplus in my hands after redeeming what was legally outstanding, I continued to redeem these notes, till the last dollar was exhausted. There remains, still unredeemed, and for which I have granted certificates, $12,869. When this over-issue was discovered, S. M. Armstrong, the Receiver, visited Mr. Breslin, in Canada, to learn, if possible the history of this transaction. Mr. Breslin's version of the matter, as I learn from Mr. Armstrong is this: A few months previous to the failure of the Rank, a Mr. Mc. Millen, of Akron, who was largely interested in the Bank, came into the Treasury, and inquired if he (Breslin) had received $50,000 of Ohio State Stock's on account of the Canal Bank of Cleveland, and on being informed that no such stocks had arrived, manifested considerable surprise, remarking at the same time. that they had bought that amount of stocks of Messrs. Atwood and Co., and had ordered them transferred, and forwarded to this office, immediately, as they were in great want of circulation. He requested Mr. Breslin to have that amount of notes signed, and registered, 80 as to be ready for delivery immediately on receipt of the bonds. Mr. Breslin ordered the Register to prepare the notes. The next day Mr. Mr. McMillen called again, and inquired if the bonds had arrived, and being answered in the negative, requested Mr. Breslin to let him take the amount of notes which had been numbered and registered $18,500, that the bonds would certainly arrived that day; that Messrs. Atwoed & Co. had probably sent their bonds to the Bank at Cleveland, instead of direct to the Treasury as requested, and that the Bank would send them immediately on arrival. Relying on this statement, he gave him the circulation, but the bonds never came. The Receiver thanks the books of the Bank corroborate this statement. About this time, the cashier, Mr. Severance, credited himself as a depositor to this amount, $18,500. Had he charged circulation account as he should have done, it would have shown a discrepancy between his circulation and stock account. Had he put in circulation, without himself, or some one else, his cash account would have been over that amount. To avoid these difficulties, like a very shrewd book keeper, desirous of covering up a very dirty transaction, he credited the same to Mr. Hewitt, the President. After the failure of the Bank, Mr. Hewitt claimed this credit among others, as an offset against his bills payable, and it was allowed him by the Receiver; no suspicion of this transaction having existed at the time. Suit has been commenced against the President to recover back this amount. Should it be recovered it will be ample to meet the over issue, and leave a balance for the general creditors.


Article from Cleveland Morning Leader, March 12, 1860

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The Legislature-Adjourned Session. Up to March 10th, the present General Assembly had been in session sixty-eight days. In the Senate one hundred and forty-nine bills have been introduced, and in the House two hundred and thirty-two, making a total of three hundred and eighty-one new bills, or over five per day, pitched into the Legislative hopper.The Columbus Gazette, of the 9th, publishes the following as the list of acts passed by the present session of the Legislature : Making partial appropriations for 1860. Authorizing the Commissioners of Delaware county to borrow money. Amending the Code of Civil Procedure. Amending the act relating to the organization of Courts of Justice. Amending the act defining the duties of Sheriffs and Coroners. Amending the act for the assessment and taxation of property. Authorizing a Lessee to surrender his Lease. Amending an act establishing Boards of County Commissioners. Authorizing Trustees of Ravenna township, Portage county, to purchase additional Cemetery Grounds. Making partial appropriations for 1800. Amending section 41 of an act for levying taxes. Supplementary to the act providing for the supervislon of Common Schools. To enable the Canal Bank of Cleveland to close its affairs. Supplementary to the act to give additional security to Land Ttles. Supplementary to theact providing for compensation to owners of private property appropriated to the use of corporations. Authorizing the Commissioners of Hamilton County to make certain records. To repeal section six of the act regulating the Public Works. Making appropriations for 18:0. For the relief of the Creditors and Stockholders of the Marietta and Cincinnati Railroad. To extend the time of paying of school sections in Morrow county. To extend the time of paying school of section in Hocking county. To amend the act authorizing the establishment of Po E Houses. Limiting the fees of County Treasurers. Further to prescribe the duties of Commissioners of Hamilton county. To enable the Receivers of the Bank of Massilon to close its affairs. Amending the Code of Civil Procedure. Amending the act to establish the Superior Court of Cincinnati. To regulate the responsibility of Inn-keepers. Relating to Cities of the first class. Supplementary to the act directing the mede of Crim. inal trials. Such have been the results, thus far, of the present session. An adjourned session, after much vacilation, has been decided on. Do the interests and exigencies of the State demand it? That the public may fairly judge we publish the final proceedings of both branches in the disposition of the vexed question.


Article from Cleveland Morning Leader, November 12, 1860

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ahoga Falls, plaintiff, against Isaac L. Hewitt, Ann L. Hewitt. Eber B. Ward, John G. Fay, S. E. Dewolf, Arthur J. Wenham, Calvin J. Comstock, Henry Newberry, O. E. Cory, William Melhinch, Dewey & Co., Stephen Buhrer, Eber Stark, Bank at Remington, Vermont, The Commercial Mutual Insurance Company of Cleveland, Charles T. Harvey, William J. Gordon, Samuel Ward, Mahlon T. Hewitt, Stephen Clement, John M. Armstrong, as Receiver of the Canal Bank of Cleveland, Bethany College, Ephraim J. Estep, David L. King, surviving Executor of Leicester King, deceased, George W. Girty, and Alenet Reed, defendants.


Article from Cleveland Morning Leader, November 16, 1860

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The Summit County Bank, Cuyahoga Falls, plaintiff, against Isaac L. Hewitt, Ann L. Hewitt, Eber B. Ward, John G. Fay, S. E. Dewolf, Arthur J. Wenham, Calvin J. Comstock, Henry Newberry, O. E. Cory, William Melhinch, Dewey & Co., Stephen Buhrer, Eber Stark, Bank at Remington, Vermont, The Commercial Mutual Insurance Company of Cleveland, Charles T. Harvey, William J. Gordon, Samuel Ward, Mahlon T. Hewitt, Stephen Clement, John M. Armstrong, as Receiver of the Canal Bank of Cleveland, Bethany College, Ephraim J. Estep, David L. King, surviving Executor of Leicester King, deceased, George W. Girty, and Alenet Reed, de- fendants.


Article from Cleveland Morning Leader, November 24, 1860

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The Summit County Bank, Cuy- shoga Fails, plaintiff, against Isaac L. Hewitt, Ann L. Hewitt, Eber B. Ward, John G. Fay, S. E. Dowolt, Arthur J. Wenham, Cal- vin J. Comstock, Henry Newber- ry, O. E. Cory, William Melhinch, Dewey & Co., Stephen Buhrer, Eber Stark, Bank at Remington, Vermont, The Commercial Mutu- tual Insurance Company of Cleve- land, Charles T. Harvey, William J. Gordon, Samuel Ward, Mahion T. Hewitt, Stephen Clement, John M. Armstrong, as Receiver of the Canal Bank of Cleveland, Bethany College, Ephraim J. Estep, David L. King, surviving Executor of Leicester King, deceased, George W. Girty, and Alenet Keed, de- fendants. In Common Pleas, Cuyahoga county, Ohio.- Action for mon- ey, sale of land and relief. # NOTICE—THE SAID DEFEND- ANTS will take notice that on the 6th day of November, 1860, Plaintiff filed its petition in the Court of Common Pleas, for Cuyahoga county, Unio, against said Defendants, the object of prayer of which petition is to recover $88000 with interest on $444 00 irom March 1. 1860, and on $444 0 from September 1, 1860, due from said Isaac L. Hewitt, as interest on three notes given by said Hewitt to Plaintiff, dated September 1, 1807, one for 23,000, payable to Plaintifi livo years after date with interest at six per centum per annum, payuble semi-annually at said Bank, one for $4,500 payable to said Plaintiff five years alter date, with interest at six per centum per annum, payable semi-annually at said Bank, and one for $7,500 00, payable six years after date to said Plaintiff with interest at samo rate, payable semi-annually at said Bank, the said Hewitt having failed to pay the interest which fell due on said notes. March 1, 1860, and September 1, 1860. Said petition also sets forth that to secure the pay- ment of said first mentioned note, the said Isaac 4. Hewitt and Ann L. Hewitt, executed and delivered, on the 19th day of September, 1857, their mortgage deed on the following described premises to wit: all that certain lot and parcel of land lying and being in the City of Cleveland, county of Cuyahoga, and State of Ohio, bounded on the south by West street; on the west by Morwin street, and on the north and east by lot lines, and known as lots number 15, 16, 17 and is, in Hewitt's sub division of lots in the City of Cleveland, which mortgage was duly recorded in Cuyahoga County Records, Vol. 92, pages 612, 613 and 614, together with all the privileges and appurtenan- ces thereunto belonging, together with the rents, issues and profits thereof, and that to secure the pay- ment of the other two notes, said isaac L, and Ann L., executed and delivered on the same day, their other mortgage deed of the following described prop- erty in said City of Cleveland, to wit: bounded north by West street; on the south by lot line; on the west by Merwin street 93 feet, more or less, 10 & 16 feet al- ley, and known as lots 7, 8, 9, 10, 11, 12, 13 and 14, in Hewitt's subdivision of lots in the City of Cleveland, and ali the estate, right, title, interest, claim and demand, both at law and in equity of the said Isaac L. and Ann L., it in and to said premises and every part and parcel thereof, together with all and singu- lar the privileges and appurtenances and appurte- nances to the same belonging or in any wise apper- taining, and the rents, issues and profits thereof, which deed was duly recorded in Cuyahoga County Records, Vol. 92, pages 614, 615. That said property is insuthcient to pay all the incumbrances upon it, and that said Fay, DeWolf, Wenham, Comstock, Newberry, Cory, Melhinch, Dewey & Co., Buhrer, are tenants and occupying the same under leases from said Hewitt, and that Plaintiff is entitled to have such rents applied towards the payment of the principal and interest on its said notes. Said petition further sets forth that the other de- fendants herein named, claim some interest in, or- lien upon said mortgaged premises, but that the in- terests and liens of them ail are subject and inferior to the claims of Plaintiff in the same, and asks that they may set forth their respective claims in this suit. said petition asks for judgment against said Hewitt for the said amount of $580 with interest, as hereinb-forestated; that said premises may be sold to pay said debts; that said tenants may be enjoined from paying over the rents to said Hewitt, which may hereafter acerue under their leases; for the ap- pointment of a Receiver to collect the said rents, subject to the control of the Court; for the adjust- ment of liens and for other proper relief, Said Defendants, not served with process, will ans- wer or demur to said petition by the 5th day of Jan- ury, 1861, or the allegations in said petition will be taken as true and juugment rendered accordingly. KANNEY, BACHUS & NOBLE, Pitff's Att'ys, November 6, 1860. nov7:314


Article from Cleveland Morning Leader, December 1, 1860

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The Summit County Bank, Cuyahoga Falls, plaintiff, against Isaac L. Hewitt, Ann L. Hewitt, Eber B. Ward, John G. Fay, S. E. Dewolf, Arthur J. Wenham, Calvin J. Comstock, Henry Newberry, O. K. Cory, William Melhinch, Dewey & Co., Stephen Buhrer, Eber Stark, Bank at Remington, Vermont, The Commercial Mutual Insurance Company of Cleveland, Charles T. Harvey, William J. Gordon, Samuel Ward, Mahlon T. Hewitt, Stephen Clement, John M. Armstrong, as Receiver of the Canal Bank of Cleveland, Bethany College, Ephraim J. Estep, David L. King, surviving Executor of Leicester King, deceased, George W. Girty, and Alenet Reed, defendants.


Article from Cleveland Morning Leader, December 5, 1860

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ton to secure the payment of a note dated April 1, 1858, for $622 76-100, two years from date with interest at ten cent. The Defendants will appear and make answer on the 15th day of December, 1860, or judgment by default will be rendered on said note, and the premises ordered to be sold to pay the same. Attest: BOLAND D. NOBLE, Clerk Crowell & White, Plaintiff's Attorney. October 12, 1860. The Summit County Bank, Cuyahoga falls, plaintifi, against Isaac L. Hewitt, Ann L. Hewitt, Eber B. Ward, John G. Fay, B. E. Dewolf, Arthur J. Wenham, Calvin J. Comstock, Henry Newberry, O. E. Cory, William Melhinch, Dewey & Co., Stephen Buhrer, Eber Stark, Bank at Remington, Vermont, The Commercial Mutual Insurance Company of Uleveland, Charles T. Harvey, William J. Gordon, Samuel Ward, Mahion T. Hewitt, Stephen Clement, John M. Armstrong, as Receiver of the Canal Bank of Cleveland, Bethany College, Ephraim J. Estep, David L. King, surviving Executor of Leicester King, deceased, George W. Girty, and Alenet Keed, defendants. In Common Pleas, Cuyahoga county, Ohio.- Action for money, sale of land and relief. # NOTICE-THE SAID DEFENDANTS ANTS will take notice that on the 6th day of November, 1860, Plaintiff filed its petition in the Court of Common Pleas, for Cuyahoga county, Ohio, against said Defendants, the object of prayer of which petition is to recover $8800 0 with interest on $444 00 irom March 1. 1860, and on $444 00 from September 1, 1860, due from said Isaac L. Hewitt, as interest on three notes given by said Hewitt to Plaintiff, dated September 1, 1857, one for $3,000, payable to Plaintiff five years after date with interest at six per centum per annum, payable semi-annually at said Bank, one for $4,500 payable to said Plaintiff five years after date, with interest at six per centum per annum, payable semi-annually at said Bank, and one for $7,500 00, payable six years after date to said Plaintiff with interest at same rate, payable semi-annually at said Bank, the said Hewitt having failed to pay the interest which fell due on said notes March 1, 1860, and September 1, 1860. Said petition also sets forth that to secure the payment of said first mentioned note, the said Isaac L. Hewitt and Ann L. Hewitt, executed and delivered, on the 19th day of September, 1857, their mortgage deed on the following described premises to wit: all that certain lot and parcel of land lying and being in the City of Cleveland, county of Cuyahoga, and State of Ohio, bounded on the south by West street; on the west by Morwin street, and on the north and east by lot lines, and known as lots number 15, 16, 17 and 18, in Hewitt's sub division of lots in the City of Cleveland, which mortgage was duly recorded in Cuyahoga County Records, Vol. 92, pages 612, 613 and 614, together with all the privileges and appurtenances thereunto belonging, together with the rents, issues and profits thereof, and that to secure the payment of the other two notes, said Isaac L., and Ann L., executed and delivered on the same day, their other mortgage deed of the following described property in said Uity of Cleveland, to wit: bounded north by West street; on the south by lot line; on the west by Merwin street 93 feet, more or less, to a 16 feet alley, and known as lots 7, 8, 9, 10, 11, 12, 13 and 14, in Hewitt's subdivision of lots in the Uity of Cleveland, and all the estate, right, title, interest, claim and demand, both at law and in equity of the said Isaac L. and Ann L., if in and to said premises and every part and parcel thereof, together with all and singular the privileges and appurtenances and appurtenances to the same belonging or in any wise appertaining, and the rents, issues and profits thereof, which deed was duly recorded in Cuyahoga County Records, Vol. 92, pages 614, 615. That said property is insuficient to pay all the incumbrances upon it, and that said Fay, DeWolf, Wenham, Comstock, Newberry, Cory, Melhinch, Dewey & Co., Buhrer, are tenants and occupying the same under leases from said Hewitt, and that Plaintiff is entitled to have such rents applied towards the payment of the principal and interest on its said notes. Said petition further sets forth that the other defendants herein named, claim some interest in, or lien upon said mortgaged premises, but that the interests and liens of them all are subject and inferior to the claims of Plaintiff in the same, and asks that they may set forth their respective claims in this suit. Said petition asks for judgment against said Hewitt for the said amount of $880 with interest, as hereinbefore stated; that said premises may be sold to pay said debts; that said tenants may be enjoined from paying over the rents to said Hewitt, which may hereafter acerue under their leases; for the appointment of a Receiver to collect the said rents, subject to the control of the Court; for the adjustmen tof liens and for other proper relief, Said Defendants, not served with process, will answer or demur to said petition by the 5th day of January, 1861, or the allegations in said petition will be taken as true and juagment rendered accordingly. KANNEY, BACHUS & NOBLE, Pltff's Att'ys, November 6, 1860. nov7:314


Article from Cleveland Morning Leader, December 12, 1860

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# Legal Notices The Summit County Bank, Cuy- ahoga Falis, plaintin against Isaac L. Hewitt, Ann L. Hewitt, Eber B. Ward, John G. Fay, S. H. Dewolf, Arthur J. Wenham, Cal- vin J. Comstock, Henry Newber- ry, O. E. Cory, William Melhinch, Dewey & Co., Stephen Bahrer, Eber Stark, Bank at Hemington, Vermont, The Commercial Mutu- tual Insurance Company of Uleve- land, Charies T. Harvey, William J. Gordon, Samuel Ward, Mahlon T. Hewitt, Stephen Clement, John M. Armstrong, as Receiver of the Canal Bank of Cleveland, Bethany College, Ephraim J. Estep, David L. King, surviving Executor of Leicester King, deceased, George W. Girty, and Alenet Keed, de- fendants. In Common Pleas, Cuyahoga county, Ohio.- Action for mon- ey, sale of land and relief. # NOTICE - THE SAID DEFEND- ANTS will take notice that on the 6th day of November, 1850, Plaintiff filed its petition in the Court of Common Pleas, for Cuyahoga county, Ohio, against said Defendants, the object of prayer of which petition is to recover $58000 with interest on $44400 from March 1. 1860, and on $444 C from September 1, 1860, due from said Isaac L. Hewitt, as interest on three notes given by said Hewitt to Plaintiff, dated September 1, 1857, one for $3,000, payable to Plaintiff five years after date with interest at six per centum per annum, payable semi-annually at said Bank, one for $4,500 payable to said Plaintiff five years after date, with interest at six per centum per annum, payable semi-annually at said Bank, and one for $7,500 00, payable six years after date to said Plaintiff with interest at same rate, payable semi-annually at said Bank, the said Hewitt having failed to pay the interest which fell due on said notes March 1, 1860, and September 1, 1860. Said petition also sets forth that to secure the pay- ment of said first mentioned note, the said Isaac L. Hewitt and Ann L. Hewitt, executed and delivered, on the 19th day of September, 1857, their mortgage deed on the following described premises to wit: all that certain lot and parcel of land lying and being in the City of Cleveland, county of Cuyahoga, and State of Ohio, bounded on the south by West street; on the west by Merwin street, and on the north and east by lot lines, and known as lots number 15, 16, 17 and is, in Hewitt's sub division of lots in the City ot Uleveland, which mortgage was duly recorded in Cuyahoga County Records, Vol. 92, pages 612, 613 and 614, together with all the privileges and appurtenan- ces thereunto belonging, together with the rents, issues and profits thereof, and that to secure the pay- ment of the other two notes, said Isaac L., and Ann L., executed and delivered on the same day, their other mortgage deed of the following described prop- erty in said City of Cleveland, to wit: bounded north by West street; on the south by lot line; on the west by Merwin street 93 feet, more or less, to a 16 feet al- ley, and known as lots 7, 8, 9, 10, 11, 12, 13 and 14, in Hewitt's subdivision of lots in the City of Cleveland, and all the estate, right, titie, Interest, claim and demand, both at law and in equity of the said Isaac L. and Ann L., if in and to said premises and every part and parcel thereof, together with all and singu- lar the privileges and appurtenances and appurte- nances to the same belonging or in any wise apper- taining, and the rents, issues and profits thereof, which deed was duly recorded in Cuyahoga County Records, Vol. 92, pages 614, 615. That said property is insufficient to pay all the incumbrances upon it, and that said Fay, DeWolf, Wenham, Comstock, Newberry, Cory, Melhinch, Dewey & Co., Buhrer, are tenants and occupying the same under leases from said Hewitt, and that Plaintiff is entitled to have such rents applied towards the payment of the principal and interest on its said notes. Said petition further sets forth that the other de- fendants herein nanied, claim some interest in, or lien upon said mortgaged premises, but that the in- terests and liens of them all are subject and inferior to the claims of Plaintiff in the same, and asks that they may set forth their respective claims in this suit. Said petition asks for judgment against said Hewitt for the said amount of $880 with interest, as hereinbefore stated; that said premises may be sold to pay said debts; that said tenants may be enjoined from paying over the rents to said Hewitt, which may hereafter acerue under their leases; for the ap- pointment of a Receiver to collect the said rents, subject to the control of the Court; for the adjust- men tof liens and for other proper relief, Eaid Defendants, not served with process, will ans- wer or demur to said petition by the 5th day of Jan- ury, Idol, or the allegations in said petition will be taken as true and juagment rendered accordingly. RANNEY, BACHUS & NOBLE, Pltff's Att'ys, November 6, 1860. nov7:314


Article from Cleveland Morning Leader, December 14, 1860

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The Summit County Bank, Cuyahoga Falls, plaintiff, against Isaac L. Hewitt, Ann L. Hewitt, Eber B. Ward, John G. Fay, S. E. Dewolf, Arthur J. Wenham, Calvin J. Comstock, Henry Newberry, O. E. Cory, William Melninch, Dewey & Co., Stephen Buhver, Eber Stark, Bank at Remington, Vermont, The Commercial Mutual insurance Company of Cleveland, Charles T. Harvey, William J. Gordon, Samuel Ward, Mahlon T. Hewitt, Stephen Clement, John M. Armstrong, as Receiver of the Canal Bank of Cleveland, Bethany College, Ephraim J. Estep, David L. King, surviving Executor of Leicester King, deceased, George W. Girty, and Alenet Reed, de- fendants.


Article from Cleveland Morning Leader, February 20, 1863

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March, A. D. 1863. W. B. PERKINS, Administrator de bonis non of estate of Reuben H. Blackmer. Cleveland, Feb. 5, 1863. feb6:428 # IN COMMON PLEAS, CUYAHOGA County, Ohio.-For money and sale of lands. Daniel H. Fitzhugh, Ephraim Cone and Walter Ayrault, deceased, Plaintiffs, vs. Ellery G. Williams, Henry Chamberlin, Henry W. Clark, John E. Cary, Horatio N. Ward, Harriet E. Ward, Reuben Hitchcock, John P. Wheeler, Lathrop W. Davis, James S. Wadsworth, John M. Armstrong, receiver of the Canal Bank of Cleveland, F. M. Isett, William C. Brewster, Charles L. Camp, The City Bank of Cleveland, The Cleveland and Mahoning Railroad Company, Edward Wade, The Quimeipiac Bank, Isaac Adams, Jr., The Merchants and Mechanics' Bank of Wheeling, Henry H. Bowen, Theodore McNamee, Samuel P. Holmes, Horace Foote, James P. Mellen, Henry L. Stone, Defendants. Any of the said defendants who have not been served with process will take notice that on the 9th day of December, 1858, Allen Ayrault, then in full life but now deceased, and of whom plaintiffs are Executors, filed his petition in the above named Court, which petition sets forth in sub- stance,- 1st. That about April 3d, 1854, the defendants, Williams and Chamberlin, for a valuable conside- ration advanced to them by said Allen Ayrault at Geneseo, in the State of New York, delivered to said Ayrault their joint and several note, dated on said 3d day of April, payable 9 months after date, to the order of Norman Chappell at the Metropolitan Bank, New York, for $5,000 00 with interest, which was duly indorsed by said Chap- pell to said Allen Ayrault. That about July 5, 1854, at Geneseo aforesaid, said Ayrault still be- ing holder of said note, at instance of said E. G. Williams and Chamberlin received in substitu- tion for said note, the joint and several note of said Williams & Chamberlin, Henry W. Clark and John E. Carey, bearing date at said Geneseo, July 5, 1854, payable January 3d, 1856, to the order of said Ayraultat the Metropolitan Bank, New York, for $5,000 00 with interest annually, and that by the law of the State of New York, he is entitled to recover at the rate of seven per cent. interest per annum on the same, and there is due on the same $2,500 00 with interest at seven per cent. to be computed as aforesaid, from July 5, 1855, for which plaintiffs ask judgment. 2. That about July 5, 1854, at said Geneseo said E. G. Williams and Chamberlin, for value received, delivered to said Agrault another joint and sev- eral note, executed by said Williams, Chamber- lin, Clark and Carey, payable to the order of said Ayrault July 1, 1856, at said Metropolitan Bank, for $6,000 00 with interest annually, the rate of imterest in the State of New York then and there being seven per centum per annum; that said note is wholly unpaid and there is due to said Ayrault on the same, the sum of $6,000 with an- nual interest thereon from July 5, 1855, at the rate of 7 per cent per annum-for which plaintiffs ask judgment. 3d. That on said 5th day of July, 1854, at said Geneseo, said Williams & Chamberlain, for the purpose, among other things of securing the payment of said notes, delivered to said Allen Ayrault a mortgage deed bearing date July 3, 1854, and executed on that date by said Ellery G. Williams and Caroline M. Williams his wife (who has since deceased) upon the following described premises to wit: one equal, undivided halfin com- mon of the following deseribed tract of land, sit- uate in the township of Newbergh, being number seven in the 12th range of townships in the Con- necticut Western Reserve, in the State of Ohio, and which is also in the county of Cuyohoga and is known as being a part of 100 acre lot No. 333, and is bounded as follows: On the east, north and west by the original lines of said lot, and on the south by the center of the Edwards road (so call- ed), excepting a right of way 20 feet in width on each side of the center of the Cleveland and Pittsburgh Railroad track as now laid, said un- divided ½ containing 33 94-100 acres of land. Also the whole of the following described lots, situat- ed in the city of Cieveland, county and State aforesaid, to wit: Sub lot No. 46 in the Charles Taylor farm, (so called) situated on Detroit street, being 40 feet front by 150 feet deep, and sub-lot No. 13 in block No. 2, of Baldwin & Seymour's sub-division of 10 acre lots 51 and 52 on Hunting- ton street, being 50 feet front by 120 feet deep- which said mortgage was, on the 10th day of Ju- ly, 1854, at 9¾ o'clock A. M., duly delivered for record to the Recorder of said Cuyahoga county and by him duly recorded on the 10th day of Au- gust A. D. 1854, in Cuyahoga county records, vol. 74, pages 426-7-8-all of which premises the plain- tiff's claim the right to sell by virtue of said mort- gage on account of the failure to pay the notes aforesaid to pay the amount due on said notes. Said Ayrault further sets forth in said petition that said defendants, Hitchcock, Wheeler, Davis, Wadsworth, Armstrong, Receiver Jetts, Brew- ster, Camp, The City Bank of Cleveland, The Cleveland & Mahoning Railroad Company, Wade, The Quimeipiac Bank, Isaac Adams, Jr., The Merchants' and Mechanic's Bank of Wheeling, Bowen, McNamee, Holmes and Stone have, or pretend to have, some claim by way of deed or mortgage, by way of judgment lien, upon said premises in said mortage described or upon some part of the same; but he says that all such liens or conveyances, if any there be, are inferior and subordinate to that of said Ayrault. The said Ayrault further sets forth that said defendant, Harriet E. Ward, who is the wife of said Horatio N. Ward, heretofore held a mortgage upon said premises, or a part thereof, to secure the pay- ment of the sum of $4,000 00, which mortgage is yet uncancelled of record, but as the sum to se- cure the payment of which said mortgage was given, fell due on the first day of March, A. D. 1857, he charges that the same has been fully paid. Said Ayrault therefore asks that an account may be taken of the amount due him from said defendants, Clark, Williams, Chamberlain, Carey, -that they may be ordered to pay the same with- in some short period to be fixed by the Court, in that behalf, and that upon their failure so to pay the same, said premises in said mortgage de- scribed, be ordered to be sold as upon judgments at law, and that the proceeds of such sale be applied to the payment of the amount found due to the said Ayrault, and that he may have such other and further relief in the premises as may be just and equitable. The defendants, not served with process, will answer said petition by the 21st day of March, 1863, or the matters alleged in said petition will be taken as true, and judgment rendered as prayed for in said petition. RANNEY, BACKUS & NOBLE, January 27th, 1863. Plff's Att'ys. jan29:430