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BEFORE JUDGE ROGERS.

Martin Hocker and John Hocker vs. Christopher M. Hocker. This action of ejectment was brought to recover one undivided half of a farm in Germantown, of twenty acres. Christopher Mason was the owner of the premises in dispute, and died on the 21st of February, 1831. On the day of his death, Dr. Betton told him of his situation, and recommended him to make his will, if he desired to do so before his death. He sent to Mr. Billmyer, a neighbor, who came and took down his instructions in pencil. The memorandum was signed by two witnesses. Efforts were made to get a scrivener, and Mr. Thomas Mitchell arrived in the evening. Mr. Mason told him to be quick, there was no time to be lost. Mr. Mitchell began to write the will, but as soon as he got the caption finished, Mr. Mason grew worse, and died in a few minutes. Soon after his death, the pencil memorandum was disputed as a last will and the case was tried before Judge King. The Jury gave a verdict for the will. The case was removed to the Supreme Court, and the judgment was confirmed. This was in 1832.

In 1834, the present suit was brought. Several witnesses were examined on both sides. On behalf of plaintiffs, it was proved that Mason got intoxicated often, and imagined that people were going to kill him; that he was subject to insane fits. On behalf of defendant, it was proved by the pencil will that the estate was left to him; and many witnesses among whom were Dr. Betton, Mr. Billmyer, Mr. Wunder, Mr. Fritz, and others, proved that he was compos mentis, etc. The Judge charged the jury that the paper was a good and valid will if the deceased was of sound mind when he gave the instructions. The jury retired on Saturday, at 11 o'clock, but could not agree. On Sunday afternoon some of the jury took sick, and Judge Rogers gave an order to discharge them.

For the plaintiffs -Garrick Mallery and Samuel Chew, Esquires.

For the defence-Josiah Randall and William L. Hirst, Esqrs.

Bank of the United States,

Monday, Jan. 4, 1841.

At a stated meeting of the stockholders of the Bank of the United States, Samuel Breck was called to the chair, and Joseph Gratz appointed Secretary.

The President of the Bank then submitted and read to the meeting, the report of the dividend committee, and also submitted a detailed statement of the affairs of the Bank in a printed form.

"On motion resolved that the said report submitted by the President be accepted:

Which was carried.

Mr. Lentz offered the following:

Resolved, That hereafter no allowance or presents shall be made by the directors to any officer or other person employed by this institution.

When the following was offered by Mr. Kennedy as a substitute:

Resolved, That the present policy of the Directors of this Bank in contracting its business and retrenching its expenses, meets the approbation of the stockholders, and its continuance is recommended.

Which was unanimously carried.

The following was offered by Mr. Joshua Lippincott: Resolved, That a committee of six be appointed to examine into the details of the reports submitted to the stockholders this day.

Resolved, That the meeting appoint the committee: Whereupon the following stockholders were nominated and appointed:

Joshua Lippincott,

Moses Kempton,

Thomas P. Cope,

Charles Massey,

Richard Willing,

David Kirkpatrick.

Resolved, That the committee be authorized to fill any vacancies which may occur therein.

Resolved, That the meeting now adjourn, to meet at this place on the first Monday in April, at 10 o'clock. SAMUEL BRECK, Chairman.

Jos. Gratz, Secretary,

The Committee appointed on the 31st ultimo, to inquire whether any, and if any, what dividend for the last six months should be declared out of the profits of the Bank of the United States, report—

That from the statement herewith submitted, marked (A) it will appear that the amount of profits arising from discounts, exchange, interest, and other sources, during the last six months, is one million two hundred thousand four hundred and twenty nine dollars and eighty nine cents.

The current expenses of the bank for its offi-
cers and agencies for the same period
amounting to

Being deducted will leave

To this amount must be added balance re

maining to credit of profit and loss as re-
ported by the last Dividend Committee,
amounting to

Making together
From which is to be deducted the sum of

Being for interest on Loans in Europe and
on bond to the United States, loss on for-
eign Exchange, expenses on loans, and
cost of specie and specie funds,
Leaving the sum of

From which is also to be deducted the semi-
annual appropriation for the extinguish.
ment of the bonus,

1,200,429 89

138,859 97 1,061,569 92

2,404,056 49 3,165,626 41 1,308,564 89

2,157,061 52

100,000 00

Leaving the aggregate net profits of the Bank, 2,057,061 52
The Committee further Report-

That the statement herewith submitted marked (B) exhibits the last return of suspended debt and real estate with an estimate of the probable loss thereon, and an account of The statement (C) presents the interest due on the same.

a comparative view of these several subjects, and the state-
ment (D) presents the state of the contingent fund to meet
the losses of the bank. From these several statements it will
appear that the amount of the contingent
fund is

From which deduct the losses chargeable to

the same,

standing on the books of the bank includ-
ing the losses at Philadelphia and those
transferred from the office of the late bank.
Leaving to credit of contingent fund,

And that the estimated probable loss on the
suspended debt and real estate is

To which must be added the losses at offices
and agencies, not transferred to the books
at Philadelphia,

From which may be deducted the interest on
that part of the suspended debt, estimated
good,

Leaving an estimated probable loss of

6,505,281 88

5,790,630 57

714,651 31

4,930,640 57

727,855 99 5,658,496 56

512,125 87 5,146,370 69

On submitting this statement the Committee offered the following resolution:

(Signed)

Resolved, That it is inexpedient at this time to declare a
dividend on the capital stock of this Bank.
Bank of the United States, Jan. 2, 1841.
M. NEWKIRK,
LEWIS WALN,
JAMES MARTIN,
ROBERT TAYLOR,
RICHARD PRICE,

Active.

Bank United States

Agency, Boston

New York.

Washington..
Georgia....
New Orleans
Natchez...

BANK OF THE UNITED STATES, December 21st, 1840.

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on other of Exchange.
security.

1,327,320 47 1,800,054 83

Total.

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...

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729,295 70

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257,066 77

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Assets Continued.

Amount brought forward

NOTES OF STATE BANKS, on hand at Bank United States.

Agency, New York......

New Orleans

Other Offices and Agencies.

SPECIE on hand at... Bank United States....

Agency, New York.....

New Orleans

Other Offices and Agencies....

Resulting Balance, being items of account outstanding between the Bank, the Offices, and the Agencies....

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Liabilities of the Bank of the United States, December 21st, 1840.

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Paid on account

1,889,324 25

(The funds for this balance have been advanced, but the vouchers are not yet received.)

633,643 83

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Coal direct to New York.-During the recent season upwards of 69,000 tons of coal were carried from our landing direct to New York in boats, and next year the quantity will probably be increased to 80 or 100,000 tons. But three years ago, the experimental trip of carrying coal to New York direct, was made by our enterprising fellow-citizen, Mr. John M. Crosland, and like many other persons, who can see a little ahead of their neighbors, he was pronounced by some as crazy for embarking in this, as was then supposed, perilous undertaking. Our boatmen have profited considerably by his enterprise.-Miners' Jour.

74,603,142 46

Important Indian Treaty in Indiana.-The Fort Wayne Times states that at the late Indian payment at the forks of the Wabash, the Indians made a proposition to sell their lands; and that Gen. Milroy (although not officially authorized by the Government.) took the responsibility," while they were in the humor," of treating with them for about 500,000 acres, being the whole of the Miami lands in Indiana. The price agreed to be paid is about $1 10 cts. per acre, and the Indians to move west in 5 years. The lands are worth $10 per acre, hard as the times arc, and there is little doubt the General Government will confirm the treaty.

Tide Water Canal.

At a preliminary meeting of citizens of Philadelphia held December 23, in the room of "The Board of Trade," at the Exchange, GIDEON SCULL was called to the chair, and John M. Kennedy appointed Secretary.

The chairman stated the object of the meeting to be to take measures for ascertaining whether the great bulk of the trade flowing through the Tide Water Canal to Havre de Grace, could not be secured to Philadelphia, by the co-operation of our citizens with the Chesapeake and Delaware Canal Company, in procuring steam tow boats to tow the boats and merchandise to and from Philadelphia and Havre de Grace.

After a full consultation as to how far the meeting ought at that time to proceed, and a manifestation of unanimity of sentiment, that it ought to confine itself to gathering full information for future consideration on the following points

-viz :

1st. How much money can be obtained to procure tow

boats.

2d. How far will the Chesapeake and Delaware Canal act to secure with certainty the trade.

3d. What boats can be procured, their character cost. etc., and what description of boats is necessary.

Whereupon the following resolutions were adopted: 1st. That a committee of seven, with authority to increase their number, be appointed, to obtain subscriptions. and contributions to a fund, for providing means to tow boats with merchandise to and from Philadelphia and Havre de Grace; and that the said committee be directed, as soon as practicable, to convene those subscribing and contributing to said fund in general meeting, for considering and determining the best plan of pursuing such towage, when Messrs. Gideon Scull, David S. Brown, William Reynolds, Allen R. Reeves, Henry Budd, William V Anderson, J. S. Newbold, Isaac S. Waterman, Newberry Smith, Jr., J. W. Kelly, William B. Hart, Daniel Haddock, Solomon Alter, and John M. Kennedy were appointed said committee.

as cheap a cost as is incurred between Havre de Grace and

Baltimore, is alone necessary. To do this, two things are required; first, that the administration of the Chesapeake and Delaware Canal Co. shall so regulate their tariff of tolls as to harmonize with the expense of transportation to Balof our citizens shall insure the means of towage, without timore from Havre de Grace; second, that the public spirit revenue being a primary object, Of the first we feel auCompany will do all on their part in a most liberal spirit.— thorized to say, from communications already had, that the As respects the second, it is alone dependent on the extent of public spirit, which may be manifested by our citizens engaged in the various pursuits of trade, directly and indirectof Boats to and from the Canals. This will secure the trade, ly, in furnishing the fund requisite to establish the Towage even if the Union Canal shall not be widened: a matter so when the trade is about to assume a fixed character with involved in doubt as to render it unsafe to depend on now Baltimore, if not at once diverted from Havre de Grace to

our city.

held Dec. 23d, at the Exchange, to ascertain whether the The subscribers were appointed at a preliminary meeting, labor of learning what public sentiment is. It is distinctly necessary fund can be raised. They have undertaken the understood, that the disposition of the fund and determination of the system to be fixed as to Towage, &c. shall be

left for the decision of those subscribing or contributing.

The subject so intimately affects every branch of our city trade-all description of real estate and revenue investments -as to warrant the expectation, that all those varied interests may be looked to for aid; and as the project, to be fully successful, involves so small an exdenditure compared with the great permanent trading interests of our city and citizens, and will, when thus generally divided, require so little inthe hope that all will take interest in, and aid the measure dividual assistance. The subscribers confidently entertain by a liberal subscription of shares.

It is a matter of much importance to assure our friends in 2d. That a committee of three be appointed to confer with the country as early as practicable, that a Towage to our the Chesapeake and Delaware Canal Company on the sub-city may be relied on, in order that on the first opening of ject of their co-operation in establishing sufficiently low tolls, canal navigation, the descending trade may attach to our aiding in maintaining steam tow boats, etc., when Messrs. fellow-citizens to early examine the merits of this matter, that city. The subscribers, therefore, respectfully urge on their Samuel C. Morton, James M. Bolton, and Archibald Wright, the committee may obtain the advantage of promptness in were appointed said committee.

3. That a committee of three be appointed to ascertain performing their part, to the end that it may at the earliest what steamboats suitable for towing boats to and from Havre time be known whether the public spirit of our citizens, will de Grace and Philadelphia can be procured; their character, or will not exert itself to preserve the valuable trade of our cost, etc., and report the same, with any other facts pertinent city, jeoparded by this new route to the sea board. in their judgment to the subject, when Messrs. Joseph Hand, N. B. Thompson, and James Barrett were appointed said, committee.

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Gideon Scull,
David S. Brown,
William Reynolds,
Isaac S. Waterman,
Henry Budd,
James S. Newbold,
William B. Hart,
Robert Allen,

Philadelphia, Dec. 24, 1840.

Allen R. Reeves,
John M. Kennedy,
Daniel Haddock,
Newberry Smith, Jr.,
John W. Kelly,
Solomon Alter,
Wm. V. Anderson,
Robert Howell.

Salt. The Clearfield (Pa.) Banner states that salt water has been discovered in that county, and urges capitalists to engage in the manufacture. It is said that the manufactured article could be floated to market very cheaply on the Susquehanna, in the proper seasons.

The character of the trade, by the Tide Water Canal, as evinced this year, renders it certain, that unless measures are forthwith taken to furnish cheap a transportation for the boats from Havre de Grace to Phildelphia, and back, the greater portion of middle and western Pennsylvania business, as connected with the'sale of produce, and purchase of merchandise generally, will inevitably attach itself to Baltimore; and, as a necessary consequence, a speedy, large, efficient, and cheap communication between Baltimore and The UNITED STATES COMMERCIAL AND Pittsburg, and through Pittsburg to the whole Western STATISTICAL REGISTER, is published every Wednescountry will follow; the effects of which, as respects the day, at No. 79 Dock street. The price to subscribers is varied and general interests of Philadelphia, as now existing Five Dollars per annum, payable on the 1st of January of in the possession of the Trade of the Great West and Penn- each year. No subscription received for less than a year.sylvania, need only be stated to be properly appreciated by Subscribers out of the principal cities to pay in advance. the trading community of all pursuits.

To obviate the loss of this great and all-important trade of our city, it is ascertained that to furnish the means of towage and transportation of boats with produce and merchandise to and from Havre de Grace and Philadelphia, at

PRINTED BY WILLIAM F. GEDDES,
No. 112 CHESNUT STREET,
Where Subscriptions will be received.

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