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Michigan

Jackson

On reference to the statement of the bank, dated February 19th, 1838, the third day previous to their examination, which is appended to the report marked No. 1, it will appear that in that day the " bank claimed, under the signatures of three of its directors, to be possessed of the sum of $20,000 in specie, independent of the certificate of deposit of $10,000. This statement was copied from the statement book of the bank, and is certified by the teller as a correct copy of the same. So disgusting an exhibition of dishonesty and falsehood is unworthy of a single comment. The condition of this institution at the time of the examination, as drawn from the exhibit made at that time by the teller, would appear to be as follows, viz:
There will appear to be a real deficiency of assets to meet the
liabilities of this bank of......$44,701 00
Such is the character and condition of the Jackson County Bank.

Jackson
Section 3


Page 16


 


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