{"newspaper_name": "The New York herald.", "edition": "01", "page": "p3", "byline": ""}
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III fhn
amount Of goods sold in 1885, was greater than in an
year included IN this table but part Of tho goods
any official report giving the value Of the merchant


sold at auction 10 this city in ls4s and 1874. '<e
w sn o sSs Bank Of Gsos omp
holders Of State eight cent bonds issued he Son
1915 both inclusive that the same iii be oa i2oo 70
the 10Th Of March Bank Of rsa on 1r alter
% 90 Gs :sd and that after that nsres viii cease
The Supreme Court Of the ssted States has decided
the Baltimore and ohio ka euny Of Maryland
claim against the railroad d rms mac no
million Of dollars wbic @ recover from the company
to the county The road lot raus uss1 %
w. as required by law ri .he legislature making an an
REPEALED bat the Of the company This law was
It is stated ~ snccd suit which resulted above
tiosed the the citizens Of Carbon county have petit
Chunk. IT. Lehigh County Bank to locate at Mauch
doubt .e % people Of Allentown, Lehigh county will
that .. - possible they find the bank is in hands
servs give very little credit and mske it Of little
~ It winter the citizens Of Allentown end its vici
.,.y pettoned the Legislature of Pennsylvania for
charter FOR institution to be called ths eheh
sank Of Allentown, with capital Of 100000 and com
people Of that section did con forward and take the
stock 80 rapidly anicpated aud up to the s OF June
only Of the $780, 900 had been ibed seve
M nHanciers OF this city being informed of this state Of
thWgs arrangement made once to take the re


a'nng Ss5 600 OF the capital stock When the parties
subscribing to the first Sis 900 informed who the
subscribers to the remaining $S5 600 were they backed
oat oil their subscriptions and stated they would have
hohlng to DO with the other parties with the in
sutution IN any shape or manner. The $4,000 aban.
doned were Immediately made up by the parties SUBJ
scribng the $s5 COO and in doing they obtsined The
Lehigh County Bank thus fell into the hands OF the
agent and principal manager of the Painied Bank of
New Jersey, and five six Others who were stockhod-
srs to the extent OF share each to them eligible
rs directors The subscriptions to the capital stock be-
ing here nhed ur, he next move necessary the
nent OF the capital according 10 law n specie funds


ms was ioand TO be the most difficult of al.


was necessary that all the directors should pronounce
the iunds received specie fuads, and alter all


dnsenents made to obtain animous vote sub


c after purchasing stock for individuals to make them
aecoIs after s the financial Management the parties
interested are celebrated forh the directors
reused to consider PaiDfed Bank notes checks upon
tue rainhed and other banks State stock &C.. specie
iuhas and voted not to receive them such The result
was complete explosion OF the direction an expose Of
ihe wEoe affair; and the appointment OF committee by


e Legislature 10 investigate the and report
cofdngy All these things have opened the eyes Of the
people OF Allentown and of the county generally, and


Efforts being made have the charter repealed The
inhsbtaDs Of that county satisfied they would be
materially injured by the location OF any bank among
them under the management of such naecers those
connected with this institution II the people Of Carbon
county or the citizens of Mauch Chunk this bauk
located thee the people of Allentown will be the last TO
otjectto the removal they cannot have an institution
properly conducted, they better off with none and
being aware Of this they anxious get rid OF the
Lehigh County Bank.