Bank of Central New York (Utica, NY)

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P Bank Failure

UTICA. April 11. The Daily Observer of this city announces that the Bank of Central New York has gone into liquidation, and that Hon. Joseph Beac diet has been appointed Receiver, and bas w tered upon his dutica The circulation of the bank is understood to be amply secured.

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BANK CLOSED

UTICA, April 11. The Daily Observer of this day announces that the Bank of Central New York has gone in liquidation, and the Hon. Joseph Benedict has been appointed Receiver, and has entered upon his duties. The circulation of the Bank is understood to be amply secured.

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The Bank of Central New York. UTICA, N.Y., April 11-The Daily Observer of this day announces that the Bank of Central New York has gone into liquidation, and that Hon Joseph Benedict has been appointed Receiver, and'entered upon his duties. The circulation of the Bank issaid. to beamply socured.

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Bank of Central New York, UTICA, N. Y. Aprilf11.-The Bank of Central New York has gone into liquidation. James Benedict is appointed Receiver. The circulation, it is under stood, will be amply secured. Steamer Salled.

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The Bank of Central New-York

Utica, N.Y., Wednesday, April 11, 1860. The Daily Observer, of this day, amnounces that the Bank of Central New-York has gone into-liquidation, and that the Hon. Joseph Benedict has been appointed Receiver, and entered upon his duties. The circulation of the Bank is said to be amply secured.

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The Bank of Central New York. Utica, April 11, 1860. O. B. Matteson a few days since declined to resume the presidency of the Bank of Central New York. The bank to-day, by an order of the Supreme Court, passed into the hands of Joseph Benedict, Esq., as receiver.

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Total $303,852,054 $291,085,154 Three hundred and five banks reported, including the Bank of Corning and Onondaga County Bank (which two did not report), supposed to be winding up. H.J. Messenger's Bank, Marathon, Cortland Co., bas gone into operation since 31st of March; and since making its report for 31st March, the Bank of Central New-York, Utica. has been placed in the hands of a receiver, Joseph Benedict, esq., Utica.

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The advices from the Burlington and Quincy Road fully justify the recent advance in that stock. The amount of freight delivered in Chicago during the first week of May was 14,334,480 15, against 22,752,848 15 in the whole month of May last year. The floating debt which was incurred in making advances to the Peoria and Oquawka Road will be paid off by August, and the Company have renewed their contract with the Galena Company for the use of the thirty miles of that road used by the Quincy Company in running into Chicago, for five years after the expiration of the present contract. A private letter from Galesbury states that there is an immense amount of corn on the line of this road ready come out as soon as the cars can be had to move it. The freight earnings of the Marieta and Cincinnati Railroad for the month of April were $18,080, against $16,000 for April, 1859, being an increase of about $2,000. The passenger earnings also show a small increase. The earnings of the Little Miami and Columbus and Xenia Railroad for the month of April were, in round numbers, $74,000-a decrease of about $6,000 from the earnings of the corresponding month last year. The earnings of this road were considerably affected by the freshet in the early part of the month. There was no mail from Bogata by the steamer North Star, and consequently nothing further in relation to the Panama Railroad charter. The business of the Clearing-House to-day was $30,385,061. The Manhatan Fire Insurance Company has declared a semiannual dividend of $5 P share, payable on the 1st of June. The Northern Railroad of New-Hampshire, a dividend of $2 V share, payable June. Eugene Thomson, stock auctioneer and broker, has removed to the new premises No. 41 Pine street. His semi-monthly circular of stock and bonds, current and not current at the Broker's Board, published to-day, may be obtained at the new office. The Moses Taylor, from New-Orleans, brings $25,000 in doubloons. A petition has been presented to the Court, on the part of George W. Stanton, for himself and as executor, praying for the removal of J. Benedict, esq., from the position of Receiver of the Bank of Central New-York, of Utica, which has gone into liquidation. The ground of removal urged, is that the affairs of the Bank should be thoroughly investigated, and the relations of Mr. Benedict with the late President and Cashier are such as to render him an unfit person to act as Receiver. Argument in this case is to be heard on the 18th inst. The supply of Money continues very abundant at previous rates, notwithstanding the contraction of loans by the Banks. Private letters from England speak discouragingly of the prospects of the next harvest. The Board of Brokers held to-day their annual election for officers, resulting in the choice of the following ticket, which is substantially a reélection: President, Wm. H. Neilson; First Vice-President, M. A. Wheel-

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Domestic News Items

MURDER IN A COURT ROOM-The Austin (Texas) Intelligencer of the 25th ult. states that John Taney, who was then Using tried on an indictment charging him with having killed John Edwards, and was in the court room, about to be taken to jail until after dinner, was suddenly attacked by a crowd of armed men, who fired about twenty five abots at him, killing him on the spot, and then made their escape. The Sheriff shot one of the "lynchers" and arrested two more, who were lodged in jail. BANK OF CENTRAL New York.-The Utics Daily Tele. graph says that Geo. W. Stanton has petitioned Judge Morgan to remove Joseph Benedict, Esq, from the posttion of Receiver of the Bank of Central New York. Mr. Benedict, It is known, is the law partner of Hon. 0. B. Matteson, the late President of the Bank, and the petition urges that he is unfitted, therefore, to give the affairs of the institution the thorough investigation requisite. The case has been postponed sall the 18th inst. THE NEW LAW RELATING TO Walls-The people of the State of New York, represented in Senate and Assembly, do enact as follown:Section 1. No person having a husband, wife, child or parent, shall, by his or her last will or testament, devise or bequeath to any benevolent, charitable, literary, sciensific, religious or missionary society, association or corpeation, in trust or otherwise, more than one hair part of bis or her estate, after the payment of his or her debts, (achd such devise or bequest shall be valid to the extent of om9 half and no more.) Section 2. All laws and parts of laws inconsistent with this act are hereby repealed. Passed April 13, 1860. STATUTE OF LIMITATIONS.-The criminal law was 80 altered last winter that absence from the State (if the of. fender is wh bin the United States) is no longer deducted from the three years within which an indictment (except for murder) me st be found. TORNADO IN PENVSYLVANIA.-A terrible tornado passed over a portion of Backs county, Pa, on the 7th inst, accorepanied by thunder, lightning, hail and rain. Dwelling houses, barns, stables, barracks and shops were razed to the ground, bridgen were blown away, fences seattered over fields, and whole orchards of trees torn up by the roots.

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Cortland County. The material changes since the March report are as follows:

The Bank of Central New-York Utica, has been placed in the hands of a Receiver, and the Bank of Corning and the Onondaga County Bank are closing up their affairs, consequently no report were received from them.

The Rockland County Bank, Nyack (association) and J. W. Rumsey & Co.'s Bank, Tarrytown (individual), are preparing to go into operation.

The June report exhibits a slight increase in capital and a corresponding expansion in loans. In other items there is but little change to note and nothing worthy of special attention.

RESOURCES. March 21 June 30.