Click image to open full size in new tab
Article Text
doors, gone 10 From the Chillieothe Advertiser, THE BANK OF GRANVILLE EXPLODED. Bank explosions and freuds have now bematter of such every day occurrence, A to keep up in chronieling that events. There are some circumstances, the these connected with the bursting of Granville however, bank, that require more than a curnotice. The first intelligence which of was this sory received in this vicinity, of the failure the was through a letter received from who bank, of the bank. by Mr. J.S. Atwood, cashier keeps a broker's office and shinplaster shop, in this city, and which BANK reads OF GRANVILLE, AS follows: } 31st Jan. 1842. (Circular) Dear Sir:-In consequence of the unceasupon the Institution, (having redeem- the ing about run $130,000 of its issues, within last ed thirty days,) its cash assets being exhaust. the an amount just sufficient :0 pay Direced, except due depositore, the Board of 10 tore, sums in session this day have determined o into liquidation. Your obedient servant, A. J. SMITH, Caebier. J. S. ATWOOD, Esq. } Chillicothe, Ohio. letter, it will be seen, is dated on Mon and This morning last, the 31st of January, bears day tha mark of LURAY, O., a village eight ten miles from Granville, and was the received on which the letter is by or day Mr. Atwood, on the evening dated. of quantities same We are informed that immense this paper have been put in circulation in of this county, from this shaving shop, within last few weeks, and up to the receiving the the of its failure; we scarcely hear of less any news in this vicinity, but who has more or one of the paper of this swindling bank on hand. The notes, too, which were set aftoat, were clears and unsoiled 88 8 young lady's cambric as haudkerchief. just come from the washYet a large portion of these same woman. freeh starched and unsoiled notes, were dated fact 1839, in order to conceal the January, that they were made for the purpose of swindling the people in 1842. Mr. Atwood denies, in his card, which we as an advertisement in another part al of publish this paper, that he has 'ever acted as an the of the bank, or paid one dollar of thro' gent paper, except what came into his hands the regular buniness channels.' It perhaps, have been the special busimay of one'of his clerke, to pay out the newly ness starched notes, and in this way he may satisfy his conecience of his own personal exemption from the act. But he does not inform us how many packages of new notes he brought here, on his return from a visit to the Granville Bank a few weeks since. If he was not the agent of the bank and in its particular con fidence, how happens it that the cashier COGtrived to send him information of the stoppage and of the bank, fore it had taken place, before it was known in the immediate neighborhood. A gentleman who left Newark, which is within six miles of Granville, at elen'clock, on Monday last, heard nothing of f 0 ven the explosion. Another gentleman who left of Circleville at 4 o'clock in the afternoon Tuesday, heard no whisper of the kind, in that Eyet, it appeare that the honest direc, place: and officers of the bank, inetead of being tors there devotions, met on the Sabbath day, in N secret conclave, and despatched intelligence their special friends, of their intention to ! to fuse paying their notes on the following day n although it seems, they intended to pay some wa favorite depositors. That this business attended 10, either on Sunday, or previous 1 that time, IS evident, from the fact that th the nt Mail leaves Laray before daylight in tim is morning, where the letter WBS mailed adroitl in :leave that place on Monday. So e to this business managed. that they would of was risk putting Mr. Alwood's letter in in ilnot Granville Post Office; but it was deepaiche mile Id email village post office, eight or ten th to to dietant. a It is very difficult to imagine he was no design in all these movements on there and divest the mind of the idea that the pro he in to of the shaving shop in this city, matte prietor strong pecuniary interest in the a he not a to the time-of writing this (Thursday intell c. ternoon) Up we have obtained no other exce Ile of the failure of the bank, lette 11gence the medium of Mr. Atwood's Mond at although through the daily Ohio Statesman of exchan in and Tuesday evenings, and other hand. re. papers in that vicinity have come to bts But there is a portion of Mr. Atwood's pu ual card that cannot be 100 severely repr f liehed bated. He tells us, 'the Granville bank has
