Exchange Bank (Columbia, SC)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
November 26, 1869
Location
Columbia, South Carolina (34.001, -81.035)
Bank Type
state

Metadata

Notes

OCR shows a typographic year '1860' in notices; court order date is Nov 26, 1869.

Events (1)

1. November 26, 1869 Receivership
Newspaper Excerpt
Pursuant to the above order ... appointing the undersigned Receiver of the Exchange Bank of Columbia ... C. H. BALDWIN, Receiver. Columbia, S. C., Nov. 26, 1869.
Source
newspapers

Newspaper Articles (10)

Article from New-York Tribune, December 11, 1869

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TATE OF SOUTH CAROLINA-Richland County

THE STATE exc relations THE ATTORNEY GENERAL vs. THE PRESIDENT AND DIRECTORS OF THE EX. BANK OF COLUMBIA- - Order for Publication of Notice to Settle Accounts On motion of D. H. Chamberlain. Attorney-General it is ordered: That C. H. Baldwin, the Receiver of the above-named Bank, do forthwith give notice of his appointment as Receiver of said Bank, and that be require in said notice that all claims against said Bank, and all debts due the same, be settled within sixty days from the date of said notice. Said notice to be published daily for six successive weeks in The Charleston Republican, and one newspaper in Balthmore and one in New-York. L. BOOZER. Judge Fifth Circuit. At Chambers. Columbia, S. C., November 26, 1869. State of South Carolina, Richland County.-I D. B. Miller, Clerk of the Court of Common Pleas for said county. do certify that the preceding page contains a true copy of the order for publication" in the case of The State e relatione the Attorney-General US The Prestdent and Directors of the Exchange Bank of Columbia. 8. C." In testimony whereof I have hereunto set my band and afixed my seal of D. B. MILLER, C. C. P. [L. 8.] office, at Columbia, this 20th day of November A. D. 1869. Persuant to the above order of the Hon. L. Beezer, Judge of the Fifth Circuit, S. C., appointing the undersigned Receiver of the Exchange Bank of Columbia, notice is hereby given to all persons having claims against the said Bank that they must be presented and preven within Bixty days of the date of the said order, at his office. in Columbia 8. C. C. H. BALDWIN Receiver. Columbia, S. C., Nov. 26, 1860,


Article from New-York Tribune, December 15, 1869

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TATE OF SOUTH CAROLINA-Richlan County

THE STATE ex relations THE ATTORNEY GENERAL vs. THE PRESIDENT AND DIRECTORS OF THE EX. BANK OF COLUMBIA--Order for Publication of Notice to Settle Accounts. On motion of D. H. Chamberlain, Attorney-General. it is ordered: That C. H. Baldwin, the Receiver of the above-named Bank, do forthwith give notice of his appointment as Receiver of said Bank, and that be require in said notice that all claims against said Bank, and all debts due the same, be settled within sixty days from the date of said notice. Said notice to be published daily for six successive weeks to The Charleston Republican, and one newspaper in Baltimore. and one in New-York. L. BOOZER Judge Fifth Circuit At Chambers. Columbia, S. C., November 26, 1869. State of South Carolina. Richland County.-1, D. B. Miller, Clerk of the Court of Common Pleas for said county. do certify that the preceding page contains a true copy of the "order for publication" in the case of The State esc relations the Attorney-General vs. ThePresident and Directors of the Exchange Bank of Columbia. S. C." In testimony whereof I bave herennto set my hand and affixed my real of [L.S.] office, at Columbia, this 20th day of November A. D. 186. D. B. MILLER, C. CP. Pursuant to the above order of the Hon. L. Boozer, Judge of the Fifth Circuit, S. C., appointing the undersigned Receiver of the Exchange Bank of Columbia, notice is hereby given to all persons having claims against the said Bank that they must be presented and proven within sixty days of the date of the said order, at his office. in Columbia S. C. C. H. BALDWIN, Receiver. Columbia, 8. C., Nov. 26, 1860.


Article from The Daily Phoenix, January 13, 1871

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Company, amounting to $2,098,312.40, and those of the North-eastern Railroad Company, amounting to $92,000, are past due, the former having matured in 1868, the latter in 1869. None of them have as yet been paid, but no demand has been yet made on the State for payment, and the Comptroller presumes "that the companies by whom they were issued have made, or are about to make, satisfactory arrangements relative thereto."

DEBIT AND CREDIT. -Statement No. 12 credits an additional indebtedness of the State of $2,642,103.48, which, when added to the railroad debt of $8,787,608.20, makes the total debt of the State $11,429,711.68. So it will be perceived that from Mr. Neagle's own report the debt of the State is over $11,000,000. The advocates of reform were, therefore, not far from wrong in their estimates of the State debt during the late canvass.

BANKS AND CAPITAL. - Statement No. 14 comprises abstracts of the returns of Banks of the State, filed in this office, under the provisions of the enabling Acts of March, 1869. In accordance therewith, the following named Banks have, during the last fiscal year, resumed business, with the amount of capital placed opposite their names, respectively, viz: Bank of Charleston, $850,000; People's Bank of South Carolina, $250,080; Planters' and Mechanics' Bank, $100,000. The Bank of Newberry and the South-western Railroad Bank are redeeming their bills, but have not resumed business. The following named are in the hands of receivers, &c., appointed under the provisions of the above named Act, or orders of the Courts prior to the passage thereof: Bank of Camden; Bank of Chester; Commercial Bank of Columbia; Exchange Bank of Columbia; Bank of Hamburg; Bank of Georgetown; Merchants' Bank of South Carolina, Cheraw; Planters' Bank of Fairfield; State Bank of Charleston, and Bank of South Carolina.

RAILROADS. -The abstracts of the various railroad reports contain some very valuable statistical information, from which we make a few brief extracts. The net earnings of the various roads are set down as follows: Spartanburg and Union Railroad, $14,502.03; Greenville and Columbia, none; North-eastern, $96,207.94; South Carolina, $258,728.55. Out of this $58,194 have been paid in dividends, leaving a surplus of $200,534.55. The total number of persons killed on all the roads are reported as nine; injured, nine.

THE PENITENTIARY. -The report of the Superintendent and Directors of the Penitentiary ask for an appropriation of $30,000 for the erection of a permanent brick building for work shops. There are now in confinement 317 persons, of whom 310 are males, and 7 females. It would seem that the inmates are kept well employed, as appears from the following exhibit of the work done by them during the past year:

In carpenter shop has been manufactured 85 wheel-barrows, 160-cell benches, 180 spittoons, 3 derrick frames, 1,272 hammer handles, 430 axe and pick helves, 13 mess tables, 36 quarry buckets, performed work in erecting machine shop extension, erecting the new sheds for the protection of stone-workers, built aqueduct wood work in mill-race, fitted up store-room and hospital, repaired boats, wagons, fences and buildings, to an aggregate amount of at least $3,000. In blacksmith shop has been made 878 balcony bearers, a vast number of stone-cutters, and other tools used in the various departments, to an aggregate amount of not less than $5,000. The weaving shop has produced 8,208 yards of cloth of various kinds and qualities, to a value of $3,616.60, which has been made up into garments in the tailor shop. During the year 281 persons have been received; of whom 205 have been pardoned, 23 discharged, 24 died, and 6 escaped.

LUNATIC ASYLUM. - The expenses of this institution, as appears by the report of the Treasurer, amount to $58,507. Its assets are $43,471, and liabilities $14,978.

The South having exhibited of late signs of revival, and a somewhat independent expression and exercise of opinion consequent thereupon, the Radicals deem it necessary to again put on the legislative screws. With this view a special message is being prepared for Gen. Grant by some legal romancer, exhibiting the usual desperate state of affairs, so constantly encountered in the columns of the Washington Chronicle and New York Tribune. This is to be followed by the appointment of a com-


Article from The Daily Phoenix, December 4, 1873

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UNITED STATES CIRCUIT COURT, CoLUMBIA, Wednesday, December 3, 1873. -The Court met at 10 A. M., Judge Brvan presiding. J. H. Baldwin US. Caroline A. Lamar, administratrix of C. A. L. Lamar, and Caroline A. Lamar, administratrix, etc., vs. J. H. Baldwin, declaration in assumpsit. Chamberlain & Seabrook, plaintiff's attorneys; Magrath & Lowndes, defendant's attorneys. Verdict for plaintiff, subject to agreement of connsel filed in the cases. I These cases have been in court since 1859. I E.c parte John P. Southern, James P. Carroll, in re J. and T. Green, of Mississippi, 03. C. H. Baldwin, Receiver of Exchange Bank of Columbia, J. P. Carroll, L. D. Childs, el al. Oa hearing the above, an order was iseued, allowing the petitioners, Southern and Carroll, to prove and file their bills before the Clerk, on or before the first day of January. In the case of Norris rs. Lynah, an order was passed, by consent of connsel, contirming sale and report of roferee, and discharging the executors. A number of cases have been continued until the April term, in Charleston. The court then adjourned until tomorrow, at 10 A. M.


Article from The Daily Phoenix, April 15, 1874

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THE UNITED STATES CIRCUIT COURT

This court convened at 10 o'clock A. M., Monday, Judges H. L. Bond and Geo. S. Bryan present. W. Roland Murphy, for carrying on the business of a retail liquor dealer without paying the special tax, pleaded guilty, and was fined by the court $200 and sentenced to three months' imprisonment. The law docket was called, and the following cases set for trial Tuesday: Carrie B. Caldwell, executrix of Adolphns Caldwell, against the South-western Railroad Bank; Albert R. Homesley againt E. B. Stoddard and Caleb Froneberger; L J. Moses against the South Carolina Steam Packet Company; David Valentine & Co. against E. W. Moise; the Bank of Commerce, Richmond, Va., against H. J. Anthony, Thomas R. Price and Wm. Smith, County Commissioners of Pickens County, S. C.; E. L. Casey against Kindred Q. Whitmore. The following equity cases were set for trial during the term: The United States against Frank Murray and Stepben D. Heard; Henry Heyward against John B. Bissell and others; Harry Ferry against Wm. Godfrey, receiver of Merchants' Bank of South Carolina at Cheraw, and others; Charles Kerrison, assignee, egainst A. T. Stewart & Co., and others; the Greenville and Columbia Railroad Company against Hiram H. Kimpton; W. L. Bradley against the South Carolina Phosphate and Phosphatic River Mining Company and others; J. and T. Green against C. H. Baldwin, receiver of the Exchange Bank of Columbia, S. C. The cases of James T. Welsman and others against H. H. Kimpton, and of the Greenville and Columbia Railroad Company against H. H. Kimpton and others, were referred to J. E. Hagood, special master, to take the testimony and report to the court. It was ordered in the case of James Welsman against H. H. Kimpton and others that the complainants have leave to file their replication. The petition of T. Sealy, for homestead, was dismissed.


Article from The Daily Phoenix, April 18, 1874

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UNITED STATES COURT, CHARLESTON, April 16.-This court convened at the usual hour, Judge Hugh L. Bond presiding. A. L. Sanders and Charles S. Bull were appointed Commissioners of United States Circuit and District Courts. Thomas J. LaMotte was removed from the office of Commissioner of the Circuit. The case of Charles P. Williams, of Connecticut, against Wm. L. Dawson and others, was referred to J. E. Hagood, special master. In the caso of J. & T. Green against C. H. Baldwin, Receiver of the Exchange Bank of Columbia, and others, the bill was dismissed as to Arthur P. Hayne, deceased, one of the defendants in the case. Wm. B. DeSaussure was admitted to practice law in the United States Circuit Courts. Jesse K. Stone, Wm. McKinney, G. R. Thomasson, D. H. McKinney, W. W. Sims and James A. Barnwell received their final discharge in bankruptcy. The report of Registrar Clawson, in the matter of A. C. Sutton, of York, was contirmed.


Article from The Daily Phoenix, May 16, 1875

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THE UNITED STATES CIRCUIT COURT

CHARLESTON, MAY 14.-Chief Justice Waite and Judge Hugh L. Bond, presiding. In the case of John P. Soathern, Geo. W. Williams and James P. Lowe, assignees of the Blue Ridge Railroad Company, vs. Solomon L. Hoge, Comptroller-General, and others, the court held that the judgment in the State Courts concluded the rights of the complainants in the cause, and the court ordered that the bill be dismissed with costs, and that the injunction heretofore granted be dissolved. In the case of the Richmond and Danville Railroad Company vs. J. P. F. Camps, County Treasurer of Spartanburg, a verdict was rendered for the plaintiffs for the property sued for, with $300 damages. In the matter of George W. Cunningham, in bankruptcy, it was ordered that the appeal of George W. Williams & Co. in the above cause be dismissed for want of prosecution. In the cases of Harvey Terry us. the Bank of Chester, and the same us. the Bank of Fairfield, it was ordered that the plaintiff have leave to amend his bill in these causes, and that the defendants have leave to answer. In the case of J. and T. Greene us. Cyrus H. Baldwin, receiver of the Exchange Bank of Columbia, and others, after hearing the report of John F. Ficken, Special Master in this cause, it was ordered that the same be confirmed, and that the complainants have execution against the defendants in the following sums, with costs: $8,000 against James P. Carroll, in addition to the $10,000 heretofore adjudged against him; $10,000 against L. D. Childs; $2,000 against Cyrus H. Baldwin; $9,000 against Catharine McAfie; $20,000 against Wm. Wallace, executor of Andrew F. Wallace, deceased; $10,000 against William Martin, executor of Edward J. Arthur, and $42,000 against Elizabeth L. Herndon, administratrix of Zachariah P. Herndon. And it was further ordered, that the plaintiffs have leave to move for such further order in the case as they may be advised.


Article from The Daily Phoenix, May 16, 1875

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THE UNITED STATES CIRCUIT COURT, CHARLESTON, MAY 14.-Chief Justice Waite and Judge Hugh L. Bond, presiding. In the case of John P. Soathern, Geo. W. Williams and James P. Lowe, assignees of the Blue Ridge Railroad Company, vs. Solomon L. Hoge, Comptroller-General, and others, the court held that the judgment in the State Courts concluded the rights of the complainants in the cause, and the court ordered that the bill be dismissed with costs, and that the injunction heretofore granted be dissolved. In the case of the Richmond and Danville Railroad Company vs. J. P. F. Camps, County Treasurer of Spartanburg, a verdict was rendered for the plaintiffs for the property sued for, with $300 damages. In the matter of George W. Cunningham, in bankruptcy, it was ordered that the appeal of George W. Williams & Co. in the above cause be dismissed for want of prosecution. In the cases of Harvey Terry vs. the Bank of Chester, and the same vs. the Bank of Fairfield, it was ordered that the plaintiff have leave to amend his bill in these causes, and that the defendants have leave to answer. In the case of J. and T. Greene vs. Cyrus H. Baldwin, receiver of the Exchange Bank of Columbia, and others, after hearing the report of John F. Ficken, Special Master in this cause, it was ordered that the same be confirmed. and that the complainants have execution against the defendants in the following sums, with costs: $8,000 against James P. Carroll, in addition to the $10,000 heretofore adjudged against him; $10,000 against L. D. Childs: $2,000 against Cyrus] Baldwin; $9,000 against Catharine McAfie; $20,000 against Wm. Wallace, executor of Andrew F. Wallace, deceased; $10,000 against William Martin, executor of Edward J. Arthur, and $42,000 against Elizabeth L. Herndon, administratrix of Zachariah P. Herndon. And it was further ordered, that the plaintiffs have leave to move for such further order in the case as they may be advised.


Article from The Daily Phoenix, July 10, 1875

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In the United States Court, Charleston, July 8, Judge Bryan presiding, in the case of J. & T. Green against Cyrus H. Baldwin, receiver of the Exchange Bank of Columbia, J. P. Carroll, L. D. Childs and others, an appeal was granted. The application of N. Fehrenbach, for final discharge in bankruptcy, was referred.


Article from The Daily Phoenix, July 10, 1875

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In the United States Court, Charleston, July 8, Judge Bryan presiding, in the case of J. &T. Green against Cyrus H. Baldwin, receiver of the Exchange Bank of Columbia, J. P. Carroll, L. D. Childs and others, an appeal was granted. The application of N. Fehrenbach, for final discharge in bankruptcy, was referred.