Page images
PDF
EPUB

WEDNESDAY, NOVEMBER 22, 1837.

Mr. M'CAHEN, of Philadelphia county, submitted the following resolutions, which were laid on the table for future consideration:

Resolved, That it is the sense of this convention, that the banks of this commonwealth, having refused to pay their debts according to law, have thus violated the laws of the commonwealth; and that the whole banking system, as it now exists, is injurious to the best interests of this community.

Resolved, That it is the sense of this convention, that the banking system of this commonwealth ought to be entirely reformed; the existing abuses of their privileges corrected, and a remedy supplied for the numerous impositions upon the public, through bank agencies.

No other business appearing to be before the convention,

Mr. DUNLOP, of Franklin, moved that the convention do now adjourn; and, the motion being decided in the affirmative, The convention adjourned.

THURSDAY, NOVEMBER 23, 1837.

The PRESIDENT presented the following communication from the Auditor General, to the convention, accompanied by a statement, showing a list of incorporations not possessing banking privileges, that have paid dividends or revenue, and the amount thereof respectively, to the commonwealth, during the financial year, commencing November 1st, 1336, and ending October 31st, 1837.

AUDITOR GENERAL'S OFFICE,
Harrisburg, November 22, 1837.

SIR-In compliance with a resolution of the convention, adopted on the 13th instant, I have the honor to transmit herewith, a statement of the dividends or revenues, received by the commonwealth, from incorporations not possessing banking privileges, for the year ending on the 31st October last.

I have also the honor to inform you, that statements in relation to the banks are in preparation, as well for the convention as for the legislature, and will be transmitted to each body as soon as they can be completed.

I am not aware that any bank has not made returns, as required by Jaw, during the present year, and, consequently, no steps have been taken to require delinquent banks to make returns.

The Erie Bank did

not make a return in conformity with the directions of the act of assembly, for the year 1836, but forwarded a statement of its affairs on the day of November, of that year,—a copy of which statement was submitted by the Auditor General to the legislature, on the 7th day of Janu ary last.

I am, very respectfully, sir,

Your obedient servant,

NATH. P. HOBART,

Auditor General

Hon. JOHN SERGEANT,

President of the Convention.

Statement, showing a list of incorporations not possessing banking privileges, that have paid a dividend, or revenue, and the amoun thereof, respectively, to the Commonwealth of Pennsylvania, during the financial year, commencing November 1, 1836, and ending October 31, 1837, viz:

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]
[blocks in formation]

NATH. P. HOBART,
Auditor General.

AUDITOR GENERAL'S OFFICE, November 27, 1837.

Which were read and laid on the table.

On motion of Mr. BIDDLE, of Philadelphia, and, agreeably to order,

The Convention adjourned, to meet at the Musical Fund Hall, in the city of Philadelphia, at eleven o'clock A. M., on the twenty-eightli instant.

INDEX

ΤΟ

THE FIFTH VOLUME.

« PreviousContinue »