Singular Developments In Banking.

ALLENTOWN, Pa, Feb, a. lS45
Astounding Bank Schemes-Moses Y. Beach as d
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ALLENTOWN, Pa, teb., IA, lSl5,
Astounding Bank Schsmes-Moses Y. Beach
Financier.
Below send you copy of the deposition OF
Samuel Marx, Esq, of the Committee to
count the money paid in the Lehigh County Bank
by Moses Y. Beach, of New York, as the capital
stock of said Bank. which was to be one hundred
thousand dollars In specie, specie funds required
by the charter.


SAMUEL MARX sworn, and said--On the 18th of Decem
Der last was elected one OF the Directors Of the Lehigh
County Bank got notice by MIR Probs my election as


Director, together with others that elected and
formed board Then election was held for Bank OFF,
GERS. John Wagner was elected President MIR. A
Beach handed in his resignation as Cashier One A. j.
Beach, Called the Doctor elected Cashier bond
then given for the faithful performance of his trust,
in the sum of fifty thousand dollars signed by himself
then passed, fixing discount day. Committee was
appointed to investigate the assets of the Bank. The
committee consisted OF Beach Mr.. Apple gate, said
to be Of New York John Wagner the President, George
Wenner and myself This committee was to report
whether the capital stock paid in the Bank not
Mr. Moses Beach observed then that there one hun
dred and ten thousand dollars in the Bank Five boxes
were then shown to US by Moses Y. Beach. We found
and said there ninety six thousand dollars in the
bundle 1t was then getting late; rgreed that an inves
cation should be made on Thursday following Mr.. NJ
Y Beach then moved that 500 be discounted each D
rector thirty days without interest which carried
and discounted in Lehigh County Bank notes sign
ed John Wagner PRESIDENT A. J. Beach, Cashier.
then agreed that the investigation should be made
Thursday following. A. Beach and A. j. Beach, mean
the Doctor the present Cashier. out to my house
Sunday previous to Tuesday next meeting when
the committee to examine the affairs of the Bank
Mr.. A. Beach requested me to come in town next day.
came in Monday, went to the banking house, saw


Beach, the present CASHIER be said his brother would
come over and he wished to see came In the next
day, which was appointed by the committee Of nvestga-


ton; the committee met in the forenoon The Messrs.
Beach were there | took memorandum of the funds
that were there. majority Of the committee were will


ling report unavoable that the capital stock not
paid in specie specie funds Mr A. Beach had list
made out OF what he had. took this bill from it, which
is a. follows


$3.50 90 in hands of the president Mr. Wagner.


1850 90 " Mr.. w. H. Bumer


500 90 for fixtures in the banking house.


1880 90 Plainfeld Bank notes.


5000 90 Plainfeld Bank notes in two packages.


10000 90 said to be gold in 20 franc pieces.
900 90 silver in is 5boxes-said to be silver.


90 600 90 check think Farmers Bank Of New York
9 QUO 90 do Manhattan Bank
81 600 90 do do.
81 900 90 State Stocks.


$40 90 do.


1882 s6 do.


l3,2l4 81 do.


RI field Rank