The Financial Register of the United States Volume 2

The Financial Register of the United States Volume 2

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1838 edition. Excerpt: ...papers. The bank is to be called "The Bank of the United States in New York." This is understood to be only a legal method of introducing the proposed branch of the Pennsylvania Bank of tho United States. The amount of capital mentioned in the certificate, is of course, only suited to accomplish this purpose, and is no indication of the real strength of the institution.--Journal of Commerce, Aug. 13. We find ourselves in error in regard to Mr. Biddle having any interest in the bank about to be established by Messrs. Griswold and Alsop, and also as to the amount of capital, which is 8200,000.--Journal of Commerce Aug. 14. New York Express of August 14. The facts, to be more explicit, arc, that Richard Alsop of Philadelphia, and George Griswold, of this city, have deposited $300,000 in stock, and taken a certificate from tho county clerk, authorising them to hank under the general banking law, taking the name of the United States Bank at New York, --but though the name of tho United States Bank is taken, it is slated to us by one of the gentlemen, that it is a concern of their own, and that no other persons are interested. The name was considered preferable to any other, and therefore wos taken. These gentlemen are well known for their wealth, industry, and experience in business; and we have no doubt will conduct their new concern with skill and advantage to the public, as well as themselves. Thus it appears while companies are forming, two gentlemen have stepped forward and at once commenced operations. Large Sale.--The estate of the New York Insurance Company, No. 34 Wall street, has been sold to George Griswold, Esq., for the sum of $180,000. To refresh the recollection of distant readers, it is proper to say that the estate adjoins...show more

Product details

  • Paperback | 266 pages
  • 189 x 246 x 14mm | 481g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236640667
  • 9781236640666