Commonwealth of Massachusetts. In the year of our Lord one thousand eight hundred and eighteen: The committee of both Houses of the legislature, to whom was referred the report of a former committee, made on the twentieth day of May, A.D. 1816, respecting the transactions of the Hallowell and Augusta Banks [sic], have attended to the duties assigned them; and referring to that report, as containing material facts respecting the transactions of those corporations, beg leave to add the following, as intimately connected therewith
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Veröffentlicht: [Boston] s.n [1818]
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Beschreibung:"Report on the Hallowell and Augusts Bank."--p. 3-12. Signed on p. 8: James Bridge, Samuel Cony, E.T. Warren. May 20, 1816. Followed by a list of stockholders and various financial statements. Financial statements signed on p. 12: Thomas Agry, president. John Agry, Wm. H. Page, Wm. Oliver Vaughan, directors. John Merrick, cashier. - Caption title. - Shaw & Shoemaker, 44735. - The charter for the failing Hallowell and Augusta Bank expired in 1812, but was extended by the state of Massachusetts until 1816 so that all remaining business affairs could be settled. After the bank's directors moved to liquidate assets in favor of stockholders (at the expense of noteholders), the legislature launched an investigation, and the affected noteholders filed lawsuits in an attempt to recover their losses
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