CLINTON CANAL BANK. This bank was put into operation by means of specie, principally borrowed in Detroit. FARMERS' BANK OF GENESEE. This bank was put in operation by stock notes, and used the following specie certificates in making statements : One from Farmers' and Mechanics' bank of Detroit, signed by John A. Welles, for $15,000 00 One from Bank of Oakland, signed by Daniel Le 10,000 00 One from Clinton Canal bank, signed by William 10,000 00 One from Farmers' and Mechanics' bank of Detroit, signed by John A. Welles, for 5,000 00 This bank had also in Detroit city bank, a certificate of deposite for 1,500 00 $35,500 00 The specie certificates from John A. Welles, with ten thousand dollars in specie carried from Detroit, by Rufus Brown, jr. and Delos Davis, obtained of the Farmers' and Mechanics' bank, on the check of Rufus Brown, jr. made the basis of the report to the legislature in reply to the interrogatories addressed by them to the banks, and were returned again to the Farmers' and Mechanics' bank, in the course of a few days, by the same hands. A EXCHANGE BANK OF SHIAWASSEE, was put in operation by the following specie certificates, to wit: One from the Farmers' bank of Genesee, for One from do do for One purporting to have been from the New Haven bank, for $3,000, but having been sold, was returned as a forgery. BANK OF KENSINGTON, $12,000 00 12,000 00 Appears to have been put in operation principally by the liberal use of stock notes, and specie checks. BANK OF LAPEER, Was put in operation by a specie certificate from the Farmers' and Mechanics' bank, Detroit, for $15,000 00 WAYNE COUNTY BANK.* One from H. H. Brown, & Co. "to the credit of the Wayne county bank," for. One from H. H. Brown, & Co. "to the credit of the Wayne county bank," for $15,000 00 15,000 00 These certificates were "subject to the order of the cashier thereof," signed by H. H. Brown & Co. and were obtained by the president, J D. Davis, through C. H. McClure, cashier of the Bank of Clinton. SAGINAW CITY BANK. Put in operation by a loan of specie from the Also a loan from the Farmers' and Mechanics' On the withdrawal of the specie, its place was supplied by stock notes of the directors for $10,864 62-100. The bank also holds a certificate signed by Mackie, Oakley and Jamison, for specie deposited in New York, payable on demand, for the sum of $10,000 00 5,000 00 15,000 00 On this certificate $1,761 has been drawn for and paid. FARMERS' AND MECHANICS' BANK OF PONTIAC, Borrowed specie and exhibited it to the commissioners as capital stock, to the amount of JACKSON COUNTY BANK, Held a specie certificate from H. H. Brown & Co., for FARMERS' BANK OF SANDSTONE. $12,000 00 $10,000 00 This bank had a credit on its books of a certificate of specie deposite, but it was withdrawn. The bank and amount are not known. The bank was put in operation by a loan of specie from the Bank of Clinton. BANK OF BREST. This bank had a specie check, Farmers' and Mechanics' bank, Detroit, (accepted,) for An individual specie check, for $1,146 00 2,000 00 *This bank was put into operation by checks for specie drawn on Michigan state bank, by the stockholders, but never presented, acknowledged or paid. Specie to the amount of $7,497, was received in gold, from Lewis Godard, the day previous to examination, and subsequently withdrawn on a discounted note, for BANK OF SALINE. This bank had a specie certificate from the Farmers' and Mechanics' bank, at Detroit, dated Dec. 2d, 1837, in favor of Doctor D. O. Hoyt, signed by John A. Welles, cashier,and endorsed payable to the order of W. Curnutt, cashier, for 7,500 00 $15,000 00 This certificate was left a day or two after the bank went into operation, and the amount of specie taken out; cashier supposed it was taken, in part at least, to Coldwater. BANK OF LENAWEE. Immediately after the organization of this bank, on or about the 30th day of December, 1837, the sum of $30,000, which was paid in on the capital stock of, was refunded and the promissory note of one of the stockholders, Edward Bissell, residing in the state of Ohio, at Toledo, with endorsers, was taken for the said amount of $30,000. BANK OF ALLEGAN. This bank was put in operation by a specie certificate from H. H. Brown to the amount of $20,000, obtained by the president, A. L. Ely, from C. H. McClure, cashier of the Bank of Clinton. BANK OF ST. JOSEPH. This bank had a 'specie certificate from T. C. Sheldon, for BANK OF MARSHALL. This bank had specie certificates as follows, to wit: One from T. C. Sheldon, for One from Michigan state bank, for BANK OF COLDWATER, $19,000 00 $10,000 00 7,500 00 Had specie certificate, the amount and by whom issued not known. BANK OF CLINTON. This bank had a receipt of C. H. McClure, dated July 31, 1838, for $7,500, in gold. This gold was taken to Detroit by the said McClure and delivered to Lewis Godard, who gave his receipt for the same. |