Merchants and Planters Bank Inquiry Reveals Misconduct
A Georgia House committee reports on the failure of Merchants and Planters Bank in Augusta. It accuses directors of evading inspection, misusing charter powers, discounting own notes, and manipulating circulation causing a dramatic collapse after stock and specie schemes failed.
MENTIONED IN THIS ARTICLE
House OF Representatives
Merchants’& Planters’ Bank
Joint Select Committee
Merchants’ and Planters Bank
Augusta
Merchants’ & Planters’ Bank
Merchants & Planters’ Bank
Wis
Rchante’ & Planters’ Bank
Eaid
Henry
State Bank of Augusta
Merchants’ & Manters’ Bank
Edward Phormas
Hale
Wheeler
Tme
Wr. Ansley
Jessup Etites
Heard
Phomus
Barnes
Rugk
Messrs. Wheeler
Thomas
Holcombe
Yidges
Mer. Stuart
New York
Savannah
Thoms
Kenrick
Stuart
Itf
John W. Bridges
Edward Thomas
John C. Holcombe
Joseph Wheeler
Bridges
Thomas and Wheeler
Merchants and Planters Bank facing charter forfeiture
Georgia legislators sentence the Merchants and Planters Bank of Augusta to forfeiture of its charter citing insider deals and depreciation backed by weak collateral. They urge court action and ban state deposits to prevent further public injury amid ongoing Creek country disputes.
MENTIONED IN THIS ARTICLE
Macon
Savannah
Darien
Savannsh
St. Catherine’s Sound
Milligan’s Island
Cap Deverger
Messrs Low, Taylor and Co
Cock’s
Jackson
Deverger
Sunbury
Messrs. J
Holland
White
Georgia
Creeks treaty policy and Indian land sales debate reaches Alabama
A letter to Col. Abert outlines President's stance on Indian reservations and contracts. It favors full title conveyances over leases, demands fair land pricing, and warns against dependent arrangements. Mentions troop movements and Creek treaty obligations amid regional tensions in Alabama.
MENTIONED IN THIS ARTICLE
Tuscaloosa
Col. Abert
Mr. Bright
Alabama
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Georgia Legislature
Campbell
Gden, Ferguson, & Co
Senate
State of
Merchants’ and Planters Bank of
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Jo Era Saunces
Jacb Wood
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Wilson Lumpkin
Huntsville
Ala
Gayle
Francis
Key
Keys
General Assembly
John Gayle
Executive Department
Frankners
Washington City
United States
Fort Mitchell
Joan Gayle
P.S
Jone
Philadelphia Examiner
Virginia
White House
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Congress
United States Bank
W. G. Haun
B. m. Rattlesnake
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Devil
Tragon
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Ch.m
Patsey Wallace
Alexander
Robin Gray
Gov Hamiton
Sir Andrew
Bonaparte
S. B. Wallace
Rasselas
Sumpter
Topgallant
Wm. P. Wilson
Saxe Cobourg
Kasciusho
Hambletonian