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Michigan

Jackson

On the 13th of October the books of subscription were closed with over $300,000 subscribed, and. $34,000 in specie being reported as actually paid in, being $10,000 more-than the amount required by law. On the 3d of April, 1838, Alpheus Felch and Kintzing Prichette, bank commissioners, made a report to the legislature of the State of Michigan ; of which the following is an extract: "On the 22d day of February last the undersigned, together with their associate, Thomas Fitzgerald, Esq., visited the Jackson County Bank located at Jackson. The president and cashier were absent—the bank was in charge of Charles VanDorn, who had been appointed teller temporal rily. The teller presented to the commissioners a letter from Paul B Ring, the president, addressed to two of the directors, which expressed the hope that the commissioners would not insist on an examination at present, for the reason that in the absence of the writer, satisfactory i formation of the state of the bank would not be afforded them.

Jackson
Section 3


Page 12


 


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