JFV1 sVO' Of this sun there has been paid ,624,00O

 ' !" Protested ... IA, ,500

 '' [" Not yet matured.62 300
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 Of the amount protested small sum, not exceed ing few hundred dollars will be lost, and of that not yet maured there satisfactory for believ ing all will be promptly met.

 IL is proper remark that in addition the s'rcal estate" mentioned in the foregoing statement, the bank now holds the legal title to estate within the city of Mobile which IS valued at about $S0, ,000.-- This they have purchased at sales, to protect their securities, but the amount appears on the books der the head of'bills receivable" final settlements have not been made with the parties the paper for which the securities taken. In addition to this the bank holds mortgages to another large por ton ef the "bs receivable. "-How fur these will prove available, or how much of this item will ult- inately be collected, your Commissioners have no the of ascertanng with any pI ecision. How ever the amount of S2i4 2S5 l6 the credit of the bank in undivided profits, would to be a full n- dennity for any loss arising from insufficient security By the provisions of bill, entitled "An act to amend the charters of the Bank of Mobile and the Planters and Merchants Bank of Mobile," approved April 26, 184l, it enacted, ''That the Bank of Mobile and the Planters and Merchants Bank of Mobile shall severally own, and have deposited in their vaute, in gold and silver, the first day of July, in each and every year, half of the amount of its immediate liabilities notes issued.' Upon inspection of the books and examination of the officers of the bank, it found that the first of July last, the notes issued were about the is herein stated, while the specie then sowncd and de- posited in their vaults, amounted to $66, ,O00. All of which is respectfully submitted.

 VIM. MAGEE, Commissioners.

 s. W. ALLEN,

 Mobile, Both. October, lS41.