27ea3c45None
Click image to open full size in new tab
NEW ORLEANS. NEW ORLEANS, Oct. 5.-The Now Orleans National Banking Association, C. Cavoroc, President, in accordance with a resolution of its Board of Directors, held last evening, goos into liquidation, and will be placed in the bands of a Receiver. Owing to assistance extended to the Bank by its President, the house of O. Cavoroo & Son has also suspended.
Click image to open full size in new tab
au unusual stato of things in large failures. There is n somewhat novel feature in the plan, which proposch, after the are figured up, to Issue "negotiable certificates of deposit," pro rala, among the croditors. Mr. Cooke might further strengthon thoso, perhaps, by tacking n Northern Pacific bond to onch 0110 of thom. It line been the purpose to send notice to each individual creditor for an assent to the proposition, but nH some of them may be forgotton in the extended list, thoro is an invitation, ex calhedra, for all croditora to address the firm nt Now York, Philadelphin, or Washington. In view of the fact that it is optional with every individual creditor to proceed against Jay Cooko & Co. in bankruptoy, it is hardly probable that Mr. Cooko's patout bankrupt not will succeed. The only nows of a panicky description is reported from Now Orlonns in the susponsion of the Now Orlonna National Banking Association, which goos into liquidation, and that of the banking firm of Covoroch & Son, which was a consequence of it. The local prospects are that the week will open with ronowed activity. The reports from the country banks are favorable without exception, which will lighten the burdons that any of tho Chicago banks may still fool. There is nothing now to impedo the regular progress of trado, and Chicago is in a better condition to accommodato the country dealors than any rival point of shipment. The effect of this advantage will be to increnso our business steadily.
Click image to open full size in new tab
Financial. The rates for money ranged higher on the street yesterday than they have for several days. Very few checks could be disposed of at a lower rate than six per cent, and even as high as ten was paid. Some banks have an advantage, checks on them being received readily, while the paper of others is passed with difficulty and paid for with hesitation. All the banks of the association are regarded as sound. The resolution of confidence of the Chamber of Commerce last evening must have a good effect. A resolution is published this morning, signed by 188 prominent business men of the city, supporting the banks and prowising to receive their checks as cash. These two facts ought to be sufficient to reassure the community. No apprehensions of any further failures are entertained. The suspension of the New Orleans National Banking Association has had no evil effect, notwithstanding the illadvised article in the Sunday issue of the Picayune. The bank promises to pay every dollar it owes and have a surplus for its stockholders. Not a note has been protested nor a single draft refused. Not more than $8300 of drafts are in the hands of New Orleans parties. From Europe offers of assistance in money have already been re. ceived. The firm of C. Cavaroe still continues business, although suspended. Offers of assistance in money and cotton are received. Its drafts on the country are houored. Currency closed at six per cent, with a tendency toward higher rates.
Click image to open full size in new tab
Monetary--Commercial. MONETARY. OFFICE OF THE DAILY REPUBLICAN, MONDAY EVENING, October 6, 1873. Financial affairs were calmer to-day than could have been expected. The suspension of the New Orleans National Banking Association seemed to have had little or no effect on other banking institutions, although an attempt was made to discriminate between the certified checks of the different banks. This classifying of checks had a mischievous ef fect and excited vague feelings of distrust when none should exist. The entire community is directly or indirectly interested not only 111 check ing any tendency to panicky feeling among email depositors, but in strengthening confideduce in the bauks and preventing any unnecessary pressure upon them. It is only by giving the liberal support that depositors Jan expect reciprocal favors in the resumption of their usual business. Such unjustifiable discriminations caused some uneasiness to-day in certain quarters and incited a run on one of our most solid institutions, to meet which it had ample resources. There appears to be more probability that the New Orleans National Banking Association will quietly go into liquidation under the direction of its present officers In fact. nothing has yet occurred to require the inte position of the Controller of the Currency. The committee to confer with him in relation to the business of the bank Was to have started for Washington this afternoon. We also learn that decidedly encouraging telegrains have been received by Mr. Cavaroc from his European correspondents. urging him to go on and evincing unabated confider ce. Considering his ample 8 rpius, it is not unreasonable to anticipate that his suspension will be only temporary. The banks still conline their business mostly to renewals. On the street the demand for money continued etrong, but resulted in very little move ment. A few transactions were reported in first class paper at 2@2% t cent P month. Rates for other grades continued entirely nomina'. First class mortgage paper ie quoted at 10 P cent P an num, and second grade at 12. NEW ORLEANS CLEARING HOUSE. Balances. Cleanings. 124.710 86 October 4 $1,039,743.34 October 6 1,033 095 81 118,700 87 $243,411 73 $2,072,849 67 Thus far this week 280.882 30 1 391 287 23 Same time last week 4,469 635 7 77 Total last week 777,352 52 Total week before 3,923,147 81 744,744 38 Gold opened and closed entirely nomin); and the only transaction reported was $1400 at 120 in certified checks. The market at New York opened and closed at 110. touching at 110% during the interim. Silver continued entirely nominal, and no sales were reported. Sterling exchange continued nominal, bnt nego tiations were ffected of £6000. embracing £1000 Al clear at 116 £1500 00 at 117% £2000 do at 11712 and £500 and £1000 do at 118. We must still forbear from giving regular quotations. Nothing transpired in france. Domestic exchange was again quite unsettled. Some banks refused to check on New York one drew at 1 1/8 # cent premium, while others supplied the demand at 1. Private sigh continued entirely nominal. The sales comprised $15,000 commercial at 38 P cent premium, 10.000 do ai I, $5000 on Providence at 1 and $5000 New York sixty days' sight at 21/2 P cent discount. Nothing transpired to serve as a basis for the the quotation of any class of securities The market continued 100 unsettled to give even nominal figures.
Click image to open full size in new tab
ELSEWHERE. WASHINGTON. Special Dispatch to The Chicago Tribune. WASHINGTON, D. C., Oct. 10.-A prominent Western Senator who conversed with the President a few days ago, represents the latter to be very decidedly opposed to an extra session of Congress for the purpose of having monoy mattors tinkored with. Gen. Grant believes action by Congress will como about soon enough that an extra sossion would CAUSE ADDITIONAL ALARM among the people of the country, as they would almost cortainly believe the condition of affairs to be very bad,-a great deal worsethan it really is; that no effort would be made by the people to improve matters, and themselves bring about a good healthy state of affairs, because they would be in suspense by the fact that Congress was at work with the object of doing something, but nobody could foresee what that something would be. The President soomed to be dosirons of having something doue that would put the business of the country once more ON A SPECIE BASIS: yet he seemed to believe in the expression made use of by Secretary Boutwell in one of his reports to Congress, namely, that apecio payment will como from natural causes and not through any special legislation by Congress. A COMMITTEE OF THREE GENTLEMEN arrived here to-day from Now Orleans, and suecooded in inducing the Comptroller of the Currency to allow the New Orleana National Bauking Association to conduct the liquidation of their banking concern, which suspended Homo time ago. This will obviato the necessity of the appointment of a Receiver, and, it is bolloved, will iusuro a more prompt and satisfactory settlemont of the indebtodness of the bank. Tho Banking Association has made cortain ropresontations to the authorities here, and if, upon examination, the bank is found to be in the condition represented, its affairs are to be wound up in accordance with Section 42 of the National Currency act. Other National Banks at Now Orleans are said to be in a rather shaky condition, though it is hoped they will all bridge over the present financial atriugency. Estimates of THE EXPENHES OF THE GOVERNMENT for the noxt fines. year have been completed by all of the execu. VO branches except the PostOffice Department, and one or two of the lesser bureaue. None ot them have AH yet been footed up, and will not likely be until within a vory short time before it becomes necessary to close them, in order to have them included in the report of the Secretary of the Treasury
Click image to open full size in new tab
hotel. Shortly after arrival be sent for G. Moore, of this city, who was his private secretary during his Pres:dential term. The Pomeroy Escapad M. F. Conway, who was arrested Saturday last for shooting ex-Senator Pomeroy, had a preliminary hearing at the police court this morning. Pomeroy denies the statement that he will decline to prosecute Conway, and says be entered by the officer who made the arrest, but all who witnessed the shooting had been summoned with the Ex-Senator, who ill also give his testimony. The Kansas Pacific, The Attorney General has decided that one-half of the compensation chargeable the Western Union Compan along the Kausas Pacific Railroad may be retained the Government, and applied to the payment of the bon Is issued by the United States to aid in the construction of the road. A Chance for Deserters. The President has caused an order to be issued from the War Department, giving full pardon to all deser who may return to duty on or before the 1st of January next, and who may serve faithfully during the remainder of their term of enlistment. The Supreme Court The Memory of Judge Chase. The Supreme Court met to-day and immediately adjourned that the Justices might pay their annual visit to the President. A meeting of the bar was then held to take action concerning the death of Chief Justice Chase, over which Reverdy Johnson presided and made fitting address. He felt sure he could assert with perfect truth more able, pure and upright Justices than those which adorned this Court were not to be found in any other country of the world, and as to the late Chief Justice, he was in respects equal to his When the appointment was made, aithough be had an appreciation of his talents and ability as legislator and officer of the Government, and was satisfied Chese was a truly great man, be had doubts concerning his capacity for the distinguished judicial position, but in this. he mistook, for his decisions involving so many delicate and important questions growing out of our sad civil strife, from the very first commended the approval of the profession and of the country He would forbear to even conjecture who was to succeed to the Chief Justiceship. He believed, however, and felt perfectly satisfied from his judgment of the appointing and confirming power, that whoever shall be his successor will be found equal to task. In conclusion, Mr. Johnson some was to be found in the fact that, as father the late Chief Justice was tender, as friend steadfast, as a man he stood to the last, high in the confidence of countrymen, and he died as he lived, Christian. series of resolutions, eulogizing the character of the dece sed and tendering to his fam ly the sincere sympathy of the meeting in their loss, and further, that the Attorney General of the United States be requested to move in the Supreme Court that the resolutions be entered in the minutes, and further mark of respect, that the members of the bar wear the usual badge of mourning thirty days, were agreed to and the meeting adjourned. A General Reckoning. The Comptroller of Currency to day issued circulars, calling upon all national banks for report of their ndition at the close of business Friday, Sept. 12th. The Bank Superintendent of the State of New York has already called for report of the condition of all the State banks in that State for the same day, so that complete statistics of all banks, State and national. in city and State of New York can be com piled from these returns when received. The Comptroller also selected this day in order that may beable to furnish complete statistics of the condition of national banks of the whole country previous to the beginning of the panic. (Death of a Prominent Citizen. Wm. H. Russell, aged 69, died here to day He was Henry Clay's private secretary during his canvass for the presidency Grant Opposed to an Extra Congress Special to the St. Louis epublican. A prominent Western Senator who conversed with the President a few days ago, represents the latter to be very decidedly opposed to an extra session of Congress for the purpose of having money matters tink with. Gen. Grant believes action by Congress will come about soon enough; that would cause additional among the people of the country and they would almost certainly believe the condition of affairs to be very bad. a great deal worse than really is: that no effort would be made by the people to improve matters and themselves bring about a good healthy state of affairs, because they would be held in suspense by the fact that Congress was at work with the object of doing something, but nobody could foresee what that something would be. A Specie Basis. The president seemed to be desirous of getting something done that would put the a business of the country once more on specie basis, yet he seemed to believe in the made use of by Secretary Boutone of his reports to Cop name ly, that specie payment will come from natural causes, and not through any special legislation by congress. The New Orleans National Banking Association. A committee of three from New Orleans induced the Comptroller of the Currency to allow the New Orleans National Banking to conduct the liquida. tion of their banking concern, which suspended some time ago. This will obviate the necessity of the appointment of receiver and it s believed will insure a more prompt and satisfactory settlement of the indebtedness of the bank If upon examination the bank is found to be in the condition affairs to be wound up in with section 42 of the national Other national a banks in New Orleans are said to be in rather shaky condition. Special to the Cincinnati Gazette. The Comptroller of Currency represents the condition of the New York banks as growing better every day. Bank officers confident that before the end of the month they will be able to respond to all the usual requirements of business. The Star says: There is great scarcity of currency yet the country, but Washington city easier in this respect probably, than any other city, owing to the amount put circulation here by the Government business Youthful Homicide. Enquirer Oct. CINCINNATI special from Lexington, Ky. reports that at Payne's depot to day (in Scott only) two boys quarelled about a game of bal
Click image to open full size in new tab
bosolos WASHINGTON. Appointments. W ASHINGTON, October 25.-Dr. M. F. Bonzono has been appointed surveyor general of Louisiana vice Foster, and John Cockrum receiver of the New Orleans national banking association.
Click image to open full size in new tab
NEW ORLEANS REPUBLICAN, TUESDAY, OCTOBER 28, 1873. COURT RECORD. AMUSEMENTS. SPECIAL NOTICES. MONDAY, OCTOBER 27, 1873. Academy of Music. Notice.-Owners of boxes, etc., left at the bank Mr. Frank Hussey and Miss Blanche First District Court. of the New Orleans National Banking Association, Clifton made their first appearance at this for safe keeping, are requested to remove the State vs. Charles and Mary Burgess.theatre last night in their sensational same immediately. JOHN COCKREM, Receiver. pe, etc. Arguments concluded and case drama entitled "Hazard," a play designed E en
Click image to open full size in new tab
NATIONAL BANKING ASSOCIATION. Pursuant to the call of the stockholders of the New Orleans National Banking Association a large number of the depositors and stockholders met over the rooms of the bank last evening. Mr. N. R. Pepin called the meeting to order, and nominated Fergus Fusilier, Esq., for chairman, who was unanimously elected. J. L. Gautier, Esq., was chosen secretary. Mr. Fusilier then explained the objects of the meeting. It was called in consequence of the unfortunate condition of the bank, and the necessity of devising some means for the protection of the interests of the stockholders and creditors. None of the phases of the misfortunes which have overtaken the bank are unfamiliar to those present. Our duty now is to save ourselves and protect the interests of the creditors of the institution It dces not become us to say a word of the winding up of the affairs of the bank-all efforts to secure a fair liquidation have proved unavailing. A receiver has been appointed, and has been put in possession by the Controller of the Currency, Mr. John J. Knox. This taking possession has awakened the attention of all parties interested. It is for them to say whether they will resist such liquidation as has been seen in this city. Past experience has shown what the result would be. The First National Bank has been in liquidation five years, and the end is not yet. The Crescent City Bank for some time, and no dividend paid yet. It is not only that the creditors may lose all that belongs to them in stock, but also be called on for assessments. The object of the meeting was to take such measures as would protect those most interested. The liquidation of the affairs of the bank by its own stockholders and officers would be the most beneficial, as they were the best ac quainted with its affairs. It may be that others think differently. It is our duty to discuss these matters coldly and calmly as business men. It may be proper to introduce here a statement of the affairs of the bank, as shown by the books at the time of closing. Many of these items are in round numbers, it being impossible, in censequence of the unsettled questions of exchange, to give them exactly. The principal features are, however, truthfully set forth. Mr. Fusilier then read the following statement of the condition of the New Orleans National Banking Association:
Click image to open full size in new tab
SPECIAL NOTICES. Notice.-The office of the Receiver of the New Orleans National Banking Association has been removed from the late bank building to No. 3% Carondelet street, up stairs. JOHN COCKBEM Receiver. aol 6t New Orleans, October 31, 1873.
Click image to open full size in new tab
SPECIAL NOTICES. Chamber of Commerce. - Monthly meeting MONDAY, November 3, at 7:30 P. M. no2 It W. M. BURWELL, Secretary. Office Mutual Aid and Benevolent Life Insurance Association of Louisiana, No. 19 Camp street, New Orleans, November 4. .-Members of this association are hereby notified of the death of D. J. Fleury, who died in this city, May 7, 1873, and Richard England, who died in this city, May 10. 1873, and are called upon to come forward without further notice and pay at the office of the association. No. 19 Camp street. $1 25 on each, on or before 4 P. M., December 11. 1873. R. W. YOUNG, Secretary. 2 7t Notice.-The office et the Receiver of the New Orleans National Banking Association has been removed from the late bank building to No. 3% Carondelet street, up stairs. JOHN COCKREM, Receiver. nol 6t New Orleans, October 31, 1873. Southern Bank, New Orleans, July 12, 1873.-Notice is hereby given that the unredeemed notes issued by the old "Southern Bank" must be presented for payment within one year from the first publication of this notice, at the office of the Auditor of this State, who, on receiving satisfactory proot of the publication of this notice for oue year, as aforesaio, will surrender any funds he may hold for the pay ment of the said unredeemed notes. jy13 eowly J. GARR, Cashier. Office of the *ew Orleans Mutual Insurance Association, New Orleans, October 22, 1873.-A general meeting of the stockholders of the New Orleans Mutual Insurance Association will be held at its office, No. 102 Canal street, on THURSDAY, the sixth day of November, 1873, at 6 P. M., for the purpose of taking into consideration the affairs of said association, and adopting such measures as may be deemed advisable in the premises. C. CAVAROC, President. oc23 td G. LANAUX. Secretary.
Click image to open full size in new tab
COURT RECORD. MONDAY, NOVEMBER 10, 1873. United States Circuit Court. Adjourned till to-morrow. The following suit has been commenced: John Cockrem, receiver of New Orleans National Banking Association, VS. Charles Cavaroo & Son and Credit Mobilier of Paris.-Plaintiff sets forth that he is appointed and commissioned under an act of Congress to provide a national currency secured by a pledge of United States bonds, and provide for the circulation and redemption thereof. and of an act in reference to certifying checks by national banks, and charges the defendants with fraud. He prays for the writ of subpena and an injunction restraining the defendants, their agents, etc. from in any manner appropriating to themselves any bills, promissory notes or assets belonging to the New Orleans National Banking Association. and further prays that a receiver be appointed to take possession of the property of the bank, to be applied to the payment of the claims of creditors of the association. The schedule sets forth the notes and bills at $325,054 70 First District Court. ARRAIGNED. Burglary and larcery-Jce Hooker, John Moore, alias Morris. Plea of not guilty. Breaking and entering a dwelling house, etc.-Moses Goodrich, Charles Davis, Andrew Moore. Plea of not guilty. INFORMATIONS FILED. Resisting an officer, etc.-Narcissus Parker. Entering an office, etc.-Laurence Baume. Burglary and larceny-Henry Clay, two cases. Fourth District Court. The following decision has been rendered by Judge Lynch: New Orleans National Bank vs. John S. Wells et. als.-Defendant was paying teller of the bank. and is sued on his bond. December 21, 1872, it is alleged, he failed to account for $369 18, and also the sum of $25,638 82. Plaintiff prays for judgment on the bond and $60,007 excess over the bond. Defendants excepted to the petition on the ground that the bond was not made to the bank, but to the president and directors individually. The court sustained the objection, and plaintiffs took a rule for a new trial. On dismissing the rule the court said, the New Orleans National Bank is a legal entity, entirely different from its president and directors. They may be liable for the appointment of John S. Wells. Their taking a bond was an act for their own protection. The objection of the defendants is not one of mere misnomer. The president and directors may avail themselves of a contract made in their favor by the defendants. He alone to whom a contract is made can enforce it. The promise was not made to the corporation. I am of the opinion the bank was no party to the bond. The bank may sue Mr. Wells under the general law, but not on the bond in controversy. Supreme Court. No quorum and adjourned to to-morrow.
Click image to open full size in new tab
ASHINGTON. Mr. Sloan, of Georgia, Gets His SeatNew Orleans Banking Affairs. Special dispatch to the Dallas Herald.] WASAINGTON, February 28.-The house Election committee reported in favor of Sloan as entitled to the seat now occupied by Rawles, from Georgia. There is a minority report from the Election committee in favor of Rawles. The house is considering private bills. John Cockrell, receiver of the New Orleans National Banking association, is here on business in relation to the bank. He states that the affairs of the bank is in a much worse condition than the First National bank of New Orleans.
Click image to open full size in new tab
BY TELEGRAPH [SPECIAL TO WACO DAILY EXAMINER.] GALVESTON, Feb. 28.-M. F. Murphy, who has been busily engaged for the past two or three months taking the census of this city, has completed his labors for the four wards of the city of Galveston. He finds that it contains 34,350 inhabitants, irrespective of the floating population, which is estimated at 3,500. The census of 1871 showed a population of 12,328, and a floating population of 1,000. An increase of 22,022 standing, and 2,500 floating. Weather clear and pleasant, wind east southeast; thermometer, 70, WASHINGTON, Feb. 28.--HOUSE.There is a minority report from the Election Committee in favor of Rawles. Jolfn Cockrill, Receiver of the New Orleans NationaljBanking Association, is here on business in relation to the bank. He states that the affairs of the bank are in a much worse condition than the First Nutional Bank of New Orleans. WASHINGTON, Feb. 28.-House-The Election Committee report in favor of Sloan, as entitled to the sent now occupied by Rawles, from Georgia. CATSKILL, N. Y. Feb. 28.-The masked mail robber Dennis Brady, was sentenced for twenty years. PHILADELPHA, Feb. 28.-The silk weavers are on a strike they held a meeting this evening X comittee of twenty-one femaley who had visited Shepherd & Bros, BRG requested an advance of $3 per week, who stated that they had refused to comply with their demand of the weavers, and state that they will not return to the looms until the wages asked are acceded them. A Prayer meeting was held in the Baptist Chappel, on Seventh street and Susquehannah Avenue, in the extrema Northern section of the city. At the opening about two hundred ladies were present, Mrs. Dr. French, a well known female, presiding. Prior to the opening exercises, reporters were requess ted to withdraw, and the proceedi ngs conducted secretely; after a long disc ussion decided to commence a crúsade against the liquor dealers at once. LIVERPOOL, Feb. 28.-Noon-Cotton stoadies, Uplands 72d; Orleans 81d. NEW YORK, Feb. 28. Cotton market dull; Uplands 161c.; Orleans 163c. Gold closed at 112}, GALVESTON, Feb, 28.- Cotton in fairedomand; Good Ordinary 131c; Middling 16c. Gold 1112@112.
Click image to open full size in new tab
of Washington, instead of at establishments in New York or Philadelphia, as heretofore. # REVOLUTIONARY PENSIONS Mr. Sprague, of Ohio, has in charge a bill which he will report upon at an early day from the House Committee on Revolutionary Pensions, and of the War of 1812, extending the provisions of the law with regard to pensions of the soldiers of 1812, and their widows. The provision by which a pension is refused, unless the applicant served sixty days, is repealed by the bill, and service of any shorter length of time will entitle him to his relief. It also changes the provisions concerning widows, by admitting such as were married at any time previous to the year 1825. The bill also contains a section restoring to the pension-rolls the names of such survivors of the war of 1812 as were stricken from them on account of participation in the rebellion, and also putting upon the rolls the widows of such soldiers as have died since they were deprived of their pensions. # THE WORKINGMEN Those widely-known workingmen Roderick Random Butler, of Tennessee, and Moses W. Field, of Michigan, have been appointed executive officers for their respective States of the Order of United Workingmen of America, by E. A. Redstone, President of the National Labor Council. [To the Associated Press.] # FRUIT DUTIES WASHINGTON, D. C., Feb. 28.-The Treasury Department states that the whole amount refunded for duties collected on fruits decided to be in the free-list is $71,000, and the whole amount now due and unpaid is $37,000. # A ROTTEN CONCERN John Cockrem, Receiver of the New Orleans National Banking Association, is here, and states, that the bank's affairs are in a worse condition than those of the First National Bank of New Orleans. # CANCELED BONDS Over $200,000 in Northern Pacific Railroad bonds have been surrendered to the Trustees for cancellation, on account of land sales. # CONGRESSIONAL RECORD WASHINGTON, D. C., Feb. 28. SENATE. Not in session. # HOUSE OF REPRESENTATIVES GEORGIA ELECTION CASE. Mr. HYDE, from the Committee on Elections, made a report in the Georgia contested election case, that Rawes, the sitting member, is not entitled to a seat, and that Sloan, his contestant, is. A minority report, taking an adverse position, was made by Mr. SPEER. The reports are to be called up hereafter. PRIVATE BILLS. Committees were called upon for reports of a private character. ORDER OF BUSINESS. The Patent bill having been disposed of, a struggle took place about the order of business, Mr. HAWLEY (Ill.) moving to go into Com-mittee of the Whole in the private calendar, and A. H. ROBERTS moving to go into Committee of the Whole on the President's message, for the purpose of general debate. After much time had been taken up by dilatory motions and calls of the yeas and nays, Mr. Hawley withdrew his motion, that Mr. Roberts' might be put, and immediately the yeas and nays were demanded on the latter. Then followed a motion to adjourn, but, before that was disposed of, Mr. BANNING presented a petition of the Archbishop of Cincinnati, Gov. Noyes, and other leading citizens of Ohio, for the release of Edward Condon, of Cincinnati, the last American Fenian detained in prison in England. The petition was referred. The motion to adjourn was rejected, and then all opposition having been overcome or withdrawn, the House at half-past 3 went into Committee of the Whole, Mr. TODD in the Chair, on the President's message. Mr. BROWN made a speech arraigning the Republican party. Mr. MILLIKEN followed with a speech against the Educational bill. Several members asked, and obtained leave, to have their speeches printed without being delivered, and then at 5 o'clock the House adjourned.
Click image to open full size in new tab
By D. E. Morphy. # SUOCESSION OF LOTON JENNINGS, DECEASED. Second District Court for the Parish of Orieans-No. 36,834. BY D. E. MORPHY-A. E. MORPHY, AUC-tioneer.-Will be sold on TUESDAY, October 13, 1874, at twelve o'clock M., in the Merchants and Auctioneers' Exchange, situated on Royal street, between Customhouse and Canal streets, as per order of the Hon. A. L. Tissot, judge of the Second District Court for the parish of Orleans, all the following personal effects, or property and real estate belonging to the above mentioned succes-sion- 1. A CERTAIN CLAIM against the New Orleans National Banking Association for the sum of $250 06, being the sum had by said deceased on deposit in said bank at the time of its suspension. 2. SIX SHARES of $100 each in the capital stock of the Sun Mutual Insurance Company of this city. 3. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, wave, privileges and appurtenances thereto belonging, situated in the Fourth District of this city, in the square bounded by Carondelet (late Apollo). Philip, Brainard and Jackson streets, and designated by the Nos. 3 and 4; said lots adjom each other, and measure, each, 30 feet front on said Carondelet (late Apollo) street, by 97 feet 7 inches 2 lines in depth, between parallel lines, American measure. The improvements erected on said two lots consist of double two-story frame tenement, covered with slate, with halls two rooms deep in the main building, and roomy back buildings, so far as they occupy the aforesaid 97 feet 7 inches 2 lines, and no farther. 4. A CERTAIN LOT OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging situated in the Fourth District of this city, in the square bounded by Jackson, Josephine, Laurent and Dryades streets, and designated by the No. 1. Said lot measures 21 feet 4-3 of an inch front on Jackson street, by a depth and front on Dryades street of 120 feet 2 2-8 inches, between parallel lines. The improvements thereon consist of a one-story frame building on the corner and front, with back rooms attached, and in the rear a small one-story frame building, consisting of four rooms, all covered with shingles. 5. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging, situated in the Fourth District of this city, in the square bounded by Josephine, Dryades, Jackson and Laurent streets. One of said lots measures 20 feet 11 inches front on Josephine street, by a depth and front on Dryades street of 109 feet 6 inches, between parallel lines, and the other lot is No. 18, and adjoins the above, and measures 31 feet 6 inches 6 lines front on Josephine street, by a depth of 103 feet, between parallel lines. The improvements on said lots consist of a two story frame building, two rooms below and two above, together with a one-story frame building in the rear, occupied as a bakery, with requisite sheds. In the rear of the bakery is a small frame cottage containing four rooms, all covered with slate. Terms-Cash. Acts of sale before A. Hero, Jr., notary public. at the expense of the purchasers. sell 30 oct 13
Click image to open full size in new tab
By D. E. Morphy. # SUCCESSION OF LOTON JENNINGS, DECEASED. Second District Court for the Parish of Orleans No. 36,834, BY D. E. MORPHY-A. E. MORPHY, AUC- tioneer.-Will be sold on TUESDAY, October 13, 1874, at twelve o'clock M., in the Merchants and Auctioneers' Exchange, situated on Royal street, between Customhouse and Canal streets, as per order of the Hon. A. L. Tissot, judge of the Second District Court for the parish of Orleans, all the following personal effects, or property and real estate belonging to the above mentioned succes- sion- 1. A CERTAIN CLAIM against the New Orleans National Banking Association for the sum of $250 06, be ng the sum had by said deceased on deposit in said bank at the time of its suspension. 2. SIX SHARES of $100 each in the capital stock of the Sun Mutual Insurance Company of this city. 3. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging, situated in the Fourth District of this city, in the square bounded by Carondelet (late apollo), Philip, Brainard and Jackson streets, and designated by the Nos. 3 and 4; said lots adjoin each other, and measure, each, 30 feet front on said Carondelet (late Apollo) street. by 97 feet 7 inches 2 lines in depth, between parallel lines, American measure. The improvements erected on said two lots consist of double two-story frame tenement, covered with slate, with halls two rooms deep in the main building, and roomy back buildings, so far as they occupy the aforesaid 97 feet 7 inches 2 lines, and no farther. 4. A CERTAIN LOT OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging situated in the Fourth District of this city, in the square bounded by Jackson, Josephine, Laurent and Dryades streets, and designated by the No. 1. Said lot measures 21 feet 4-8 of an inch front on Jackson street, by a depth and front on Dryades street of 120 feet 2 2-6 inches, between paralled lines. The improvements thereon consist of a one-story frame building on the corner and front, with back rooms attached, and in the rear a small one-story frame building, consisting of four rooms, all covered with shingles. 5. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging, situated in the Fourth District of this city, in the square bounded by Josephine, Dryades, Jackson and Laurent streets. One of said lots measure 20 feet 11 inches front on Josephine street, by a depth and front on Dryades street of 109 feet 6 inches, between parallel lines, and the other lot is No. 18, and adjoins the above. and measures 31 feet 6 inches 6 lines front on Josephine street, by a depth of 103 feet, between paralel lines, The improvements on said lots consist of a two story frame building, two rooms below and two above, together with a one-story frame building in the rear, occupied as a baker, with requisite sheds. In the rear of the bakery is a small frame cottage containing four rooms, all covered with slate. Terms-Cash. Acts of sale before A. Hero, Jr., notary public. at the expense of the purchasers. self 30 ocll 13
Click image to open full size in new tab
# AUCTION SALES. By D. E. Morphy. # SUCCESSION OF LOTON JENNINGS, DECEASED. Second District Court for the Parish of Orleans- No. 36,834 BY D. K. MORPHY-A. B. MORPHY, AUC- tioneer.-Will be sold on TUESDAY, October 13, 1874, at twelve o'clock M., in the Merchants and Auctioneers' Exchange, situated o. Royal street, between Custombocse and Canal streets, as per order of the Hon. A. L. Tissot, judge of the Second District Court for the parish of Orleans, all the following pe sonal effects, or property and real estate belonging to the above mentioned succes-sio- 1. A CERTAIN CLAIM against the New Orleans National Banking Association for the sum of $250 06, be ng the sum had by said deceased on deposit in said bank at the time of its suspension. 2. SIX SHARES of $100 each in the capital stock of the sun Mutual Insurance Company of this city. 3. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, wavs, privileges and appurtenances thereto belonging, situated in the Fourth District of this city, in the square bounded by Carondelet (late apollo), Philip, Brainard and Jackson streets, and desiguated by the Nos. 3 and 4; said lots adjoin each other, and measure, each, 30 feet front on said Carondelet (late Apollo) street by 97 feet 7 inches 2 lines in depth, between parallel lines, American measure. The improvements erected on said two lots consist of double two-story trame tenement, covered with slate, with halle two rooms deep in the main building, and roomy back buildings, 50 far as they occupy the aforesaid 97 feet 7 mches 2 lines. and no farther. 4. A CERTAIN LOT OF GROUND. together with the buildings and improvements thereon, and ai rights, ways, privileges and sppurtenances thereto belonging situated in the Fourth District of this city, in the square bounded by Jackson, Josephine, Laurent and Dryades streets, and des guated by the No. i. Said lot measures 21 feet 4-8 of an inch tront on Jackson street, by a depth and front on Dryades street of 120 feet 2 2-8 inches, between parallel lines. The improvements thereon consist of a one-story frame building on the corner and front, with back rooms attached, and in the rear a small one-story frame building, consisting of four rooms, all covered with shingles. 5. TWO CERTAIN LOTS OF GROUND, together with the buildings and improvements thereon, and all rights, ways, privileges and appurtenances thereto belonging, situated in the Fourth District of this city. in the square bounded by Josephine, Dryades, Jackson and Laurent streets. One of said loto measures 20 teet 11 mches front on Josephine street, by a depth and front on Dryades street of 109 feet 6 inches, between parallel lines, and the other lot is No. 18, and adjoins the above, and measures 31 feet 6 inches 6 men tront on Josephine street, by a depth of 103 feet, Detween paralel lines. The improvements on said lots consist of a two store frame building, two rooms below and two above, together with a one-story frame building in the rear, occupied as a bakery, with requisite sheds. In the rear of the bakery is a small frame cottage coutaicing four rooms, all covered with slate. Terms-cash. Acts of sale before A. Hero, Jr., notary public. at the expense of the purchasers. selt 30 ocll 13
Click image to open full size in new tab
THE COURTS. N. W. Casey, Receiver of the New Orleans National Banking Association, filed in the United States Circuit Court, Saturday, a petition against twenty-seven shareholders of that institution, setting forth their obligation to pay the debts due by that institution. The petitioner alleges amicable demand of payment of the sums due by each shareholder at the time of the suspension of said association, with interest from date, and names the following debtors to the association, each of whom have been served with citations : A Leví $600, Patrick Irwin $600, Saml. Friedlander $810, T. Lafon $3900, George W. Lee $2400. Michel Legeri $600, Alfred Maire $1500, Thos. Laugridge $3000, Wm. Goldenbow $750, Geo. Glidden $2100, Louis Eymas $ 860, N. L. Dickey $1260, J. W. W. Dufour $1350, Joseph,Dreyfus $2700, W. P. Converse, Jr., $1800. Sheldon W. Clark $2250, Geo. Cromwell, Jr., $1350, John Cromwell $2700, H. Abraham $250, Joseph Boyle $1830, R. Brugier $15 0, C. Barbe $6000, J. A. Blaffer $1500, M. J. Brennan $900, P. W. Canton $780, Herman Curtins $600. Citations will also be served against other shareholders of the association.
Click image to open full size in new tab
$308, 805 15 ASSETS: Cash in Bank $69,666 31 Cash in hands of Agents in course of transmission 21,882.44 Loans on Bonds and Mortgages, being first lien on real estate, mostly improved City property, and Sugar plantations, worth at least $290,000, rate of interest 8 per cent per annum 126,949 06 Loans secured by pledges of Stock and Bonds of Corporations, the market value of which is $4.840 00, rate of interest 6,132.21 Bills*receivable for premiums on Fire, Marine and River Risks 8,465.24 United States Bonds-market val. 19,975 00 State, City and other Bonds and Stocks of Corporations of Louisiana-market value 53,128 00 Premiums in course of collection 42,014.85 Accrued interest 25,748.94 Real Estate owned by the Association $74,888 55 Less liabilities threan 18,666 66- 56,216 89 Salvage claims on losses paid 17,350 00 Certificate. of Deposits and of Indebtedness of the New Orleans National Banking Association, (suspended)--$255,983 94 Cash Market value 38,397.58 Judgment Claims 4,858 22 Bills Receivable, Commercial paper 33,066 77 Sundry Debtors 1,825 Total Assets $5,25,476.96