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For secretary's salary 50 00

For janitor's salary 80 00

For fuel 40 00

For Board of Trustees 400 00



Total expenditures $5,420 00 :

Deducted from the income 6,770 00 !

Showing an excess of probable receipts over expenditures, for the ,
purposes above named, of §1,350 00.

In the above estimated receipts, it will be observed that $1,460 is
derived from back interest, and cannot, if realized the ensuing year, ,
be estimated in future vears.

Respectfully submitted,

MICHAEL MALOTT,
JNO. I. MORRISON,
JOHNSON M'COLLOUGH.

Committee.



Doc. No. 13.] [Parti

REPORT



OF THE



IftEASUBEE OF STATE.



sHOWINtj



THE AMOUNT OF LANDS DONATED TO THE STATE
•SITUATED IN EACH COUNTY,



IN ANSWER TO



A RESOLUTION OF THE HOUSE.



INDIANA L J OLIS:

• l . P . C il A P M A X . STATE PRINT E R .

1853.



II E V II T



Office of Treasurer of State, )
Indianapolis, Feb. 2, 1853. )

Hon. 0. B. Torbet,

Speaker of the Souse of Representatives :

Sir : — In compliance with the following resolution of the House,
to-wit :

Resolved, That the Treasurer of State be instructed to furnish this
House for the use of the Committee on Swamp Lands, the amount
of swamp lands donated to the State, situated in each county.

I have the honor to submit the folllowing report :

Acres. Ilund'the.

In the county of Adams 1,930 40

In the county of Allen 13.800 54

In the county of Bartholomew 1,015 00

In the county of Blackford 1,155 00

In the county of Boone ... 4 070 00

In the county of Brown 2,040 00

In the county of Cass 0,134 00

In the county of Clay 7,300 00

In the county of Clinton 1,048 00

In the county of Crawford 200 00

In the county of Daviess 25,117 00

In the county of Decatur 707 80

In the county of DeKalb 6,796 11

In the county of Dubois 5,895 70

In the county of Franklin 320 00

In the county of Fulton 25.700 00



328

Acres. Hund'ths.



In the county of Gibson 46,697

In the county of Greene 23,487

In the county of Howard 5,547

In the county of Huntington 715

In the county of Jackson 23,264

In the county of Jay 2,158

In the county of Jennings 757

In the county of Johnson 160

In the county of Knox 28,710 15

In the county of Kosciusko 30,223 00

In the county of Lagrange 7,949 00

In the county of Lake 111,400 15

In the county of Laport « 83,732

In the county of Lawrence _ 839

In the county of Madison 5,947

In the county of Marshall 45,280

In the county of Martin 5,082 00

In the county of Miami 336

In the county of Monroe 3,400

In the county of Montgomery 160

In the county of Morgan 1,756

In the county of Noble ^'?^

In the county of Orange ^00

In the county of Owen 108

In the county of Parke 1,914

In the county of Perry 298

In the county of Pike 16,092 00

In the county of Porter 55,305

In the county of Posey 7,175

In the county of Pulaski 122,349

In the county of Ripley 1,5-0

In the county of Spencer 9,240

In the county of Sullivan 10,405

In the county of Starke 90,46l

In the county of Steuben 8,144

In the county of St. Joseph 49,669

In the county of Tippecanoe 120

In the county of Vigo q'^qo

In the county of Warrick ol

In the county of Wells 2,436

In the county of White 64,320

In the county of Whitley 4>02o

The above amounts are taken from the best data in my posses-
sion, but some counties that have swamp lands are omitted, they



239



£f ♦i. Dg £ 6en re PS rted t0 the Registers of the Land Offices and not
to the officers of State. The report of these lands b 3 the Red sters
was made to the officers of State, by districts and not by cfuS '

J have the honor to be,

Your obedient servant,

J. P. DRAKE,
Treasurer of State.



B.—22.





• -



Doc. No. 14.] Part I.]

REPORT OF THE GOVERNOR



SHOWING



THE AMOUNT PAID OUT



FOE



ITTORNEYS' FEES



DURING THE LAST FIVE YEARS,



IN ANSWER TO



A RESOLUTION OF THE SENATE.



INDIANAPOLIS:

J . P . CHAPMAN, STATE PRINTER,

1853.



REPORT.



EXECUTIVE DEPARTMENT, )
February 10, 1853. J

Ion. A. P. Willard,

President of the Senate :

Sir: — I am in receipt of a resolution of the Senate, making
aquiry as to the amount that has been paid out for attorneys' fees
.uring the last five years. In answer to which, I submit the follow-
ag:

The Auditor of State, in answer to a resolution on this same sub-
set to the Constitutional Convention, on the 21st day of January,
851, states that the amount paid out for attorneys' fees for five years

•revious thereto, was §\ 960 00

"here has been paid out from the 21st of January, 1851,
to February 1, 1853, for services rendered principally
in the suits of the Vincennes University, Fischili's
heirs, Wabash and Erie Canal suits, and controversies
growing out of the contracts on the Central canal, the

sum of 1.805 00

estimate the liability of the State at present, for ser-
vices rendered in the suits of Patrick McGinley, Vin-
cennes University, Wabash and Erie Canal* State
Printer, &c, not less than 3,000 00

Total $6,765 00

'his makes the ezpensesof the State for seven years past 86,765 00;
veraging not less than §966 43 per year.

I have no hesitation in saying that in the future, judging from
he various suits that have been authorized to be brought, ^rowin"



336



out of various special acts of the Legislature, necessarily connected
with your new school law, Wabash and Erie Canal, collection of
claims due the State, &c, that the State will pay, in the future, not I
less than from fifteen hundred to two thousand dollars per annum for '
professional services. If in addition to this, the General Assembly
should pass a general law authorizing suits to be brought against the !
State, the amount will be largely increased.

Respectfully submitted,

JOSEPH A. WRIGHT.












Doc - No - 15 '] [Part I

REPORT



OF TH



AUDITOR OF STATE,



SHOWING



HE NUMBER OF APPLICATIONS FOR BANKS, AND THE NAMES OF THK
APPLICANTS FOR THE SAME.



IN ANSWER TO



A RESOLUTION OF THE HOUSE.



INDIANAPOLIS:

J- P. CHAPMAN, STATE PRINTER.

1853.



REPORT.



Office of Auditor of State,
Indianapolis, Feb. 2, 1853.

fON. 0. B. TORBET,

Speaker of the House' of Representatives :

Sir : — The following resolution adopted by the House of Repre-
entatives, was received this day, to-wit:

Resolved, That the Auditor of State be requested to report to this
louse the number of applications for banks, and the names of indi-
iduals making such application, at his earliest convenience, and the
mount of capital of each.

In reply to the foregoing resolution, I herewith transmit the fol-
)wing statement, a part of which was heretofore submitted to the
reneral Assembly, under a resolution of the House of Representa-
ives, by my late predecessor, showing the names,"location, capital
nd names of stockholders of the several banks organized in this
State, or for which applications have been filed, under the general
anking law, approved May 28, 1852, to-wit:



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343

Total number of Banks 54

Total amount of capital $13,600,000

Total number of stockholders 167



The following Banks have also increased their capital, in addition
to their former amounts, as follows, viz :

State Stock Bank, Logansport §400,000

Government Stock Bank, Lafayette 300,000

Public Stock Bank, Newport 50,000

Merchant's Bank, Lafayette 450,000

Making the entire banking capital of the 54 Banks

created, the sum of $14,800,000

Respectfully submitted,

JOHN P. DUNN,

Auditor of Stair.



Dot. No. 16.] [Part 1.

REPORT



OF THE



AUDITOR OF STATE



SHOWING



THE AMOUNT OF STOCKS DEPOSITED WITH HIM

TWDER APPLICATIONS TO ESTABLISH BANKS

TINDER THE FREE BANKING LAW.



[K ANSWER TO A ISESOLUTIOX OF THE HOUSE



INDIANAPOLIS:

J. P. CHAPMAN STATE PRINTER

1853.



B.— 23.






B E V R T .



OFFICE OF AUDITOR OF STATE, \
Indianapolis, February 14, 1853. J

Hox. 0. B. Torbet,

Speaker of the House of Representatives :

Sir: — The following resolution of the House of Representatives
•was received this day, viz:

Resolved, That the Auditor of State be requested to communicate
to this House the amount of Stocks actually deposited with him
under applications made to establish banks, under the free banking
law, and what stocks have been received, specifying the amount of
each State and of the United States, so received.

In compliance with the resolution, I herewith submit the subjoined
statement, showing the names, location, amount and description of
stocks of the several banks organized under the general banking
law, approved May 28th, 1852, and which have deposited stocks,
viz :



State Stock Security Bank, at Newport —

Indiana five per cent, stocks $5,000

State Stock Bank of Indiana, at Peru —

Indiana five per cent, stocks 30,000

Indiana two and a half per eent stocks 50,684



Plymouth Bank, at Plymouth —

Indiana five per cent, stocks 50.000



$5,000

90,084
50,000



348

Indiana Stock Bank, at Laporte —

Indiana five per cent, stocks §24.000

Michigan six per cent, stocks 26,156

$50,151

Prairie City Bank, at Terre Haute —

Indiana five per cent, stocks 123,000

Tennessee six per cent, stocks 6,000

129,000

Southern Bank of Indiana, at Terre Haute —



Virginia six per cent, stocks 50,000



50,000



Drover's Bank, at Rome —

Indiana five per cent, stocks.... 50,000

50,000

Bank of Connersville —

Indiana five per cent, stocks 463,500

Indiana two and a half per cent, stocks 390

463,8901

State Stock Bank, at Logansport —



Indiana five per cent, stocks 115,000

;an six per cent, stocks 53,000



Wabash Valley Bank, at Logansport —

Louisiana six per cent, stocks 62,000



Government stock Bank, at Lafayette —

Indiana five per cent, stocks 50,000



Merchant's Bank, at Lafayette —

Indiana five per cent, stocks 5,000

California five per cent, stocks 26,000



168,000!



62,000!



50,00Q



31,000



Gramercy Bank, at Lafayette —

Indiana five per cent, stocks 25,000

Public Stock Bank, at Newport —

Indiana five per cent, stocks 85,500



Bank of North America, Newport —

Indiana five per cent, stocks 25,000



85,500
25,00(,



349

RECEPIT11LATI0N.

Whole number of banks doing business 15

Total amount of capital of these 15 banks $2,950,000

Total amount of stocks deposited, viz :

Indiana five per cent, stocks $1,016,000

Indiana two and a half per cent, stocks, 51,074

Michigan six per cent, stocks 79,156

Louisiana six per cent, stocks 62,000

Virginia six per cent, stocks 50,000

California seven percent, stocks 26,000

Tennessee six percent, stocks 6,000

$1,290,23

No United States* stocks have been deposited. The California
.seven per cent, stocks deposited in trust for the Merchant's Bank of
Lafayette, are held only as collateral security upon an issue of six-
teen thousand dollars to the bank. These stocks will be taken up,
and others deposited instead.

Respectfully submitted.

JOHN P. DUNN,

Auditor of Stale. .



< Poc- N o. 18.] [Part I.

REPORT



OF THE



SELECT COMMITTEE



APPOINTED BY THE HOUSE OF REPRESENTATIVES,



RELATIVE TO



THE BANK OF NORTH AMERICA,



AT NEWPORT.



INDIANAPOLIS:

J- P. CHAPMAN, STATE PRINTER

1853.



REPORT.



r. Speaker :

The select committee appointed on the part of the House, to in-
i ire into the facts relative to the late reported refusal of the Bank
< North America, at Newport, Indiana, to redeem its paper, have
id said resolution under consideration, and beg leave respectfully
I submit the following report :

The committee summoned Gov. Joseph A. Wright, Francis King,
'iomas H. Sharpe, and Mr. Tarkington, who testified on the 1st in-
unt, before the committee, substantially as follows :

Gov. Wright. — I sent §150 a short time since of Newport paper
f my brother-in-law, who presented it at the bank, and received
13 gold. While on the river a few weeks since, I conversed freely
Hh Mr. Sandford, of Cincinnati, in regard to the Free Banks. It
'ssaid there was considerable of the Newport money in circula-
>n; I told him if he had any of it he could send it out to me, and
J:ould forward it by Tarkington. Tarkington is a young man in
j r office, studying law. I was anxious to know whether the bank
ii any bottom, or not, and sent the §150 to ascertain the state of
tngs. Upon being asked where the §1500 said to have been pre-
yed at the Bank of North America came from, the Governor re-
i rked that he did not know, but that he intended to forward all the
{per he could get hold of.

Thos. H. Sharpe.— I am cashier of the Branch Bank at Indian-
"Dhs. I received a package of notes from Cincinnati on the Bank
J North America, to the amount of §1,500, with directions to

ld lfc to a certain individual. Upon being asked who that indi-
J ual was, Mr. Sharpe replied, Gov. Wright. I handed it to him
» nin the last ten days. Gov. W. appeared to be surprised that
notes were sent to him; spoke of a conversation he had on
tn-d a steamboat with Mr. Sandford in relation to the paper of
j Bank of North America. The package was accompanied by a
J'sr; I delivered both to Gov. Wright. Gov. knew from whom
j money came. Mr. Sharpe being interrogated as to who forward-
e the package, declined furnishing any name; said it was not from
a orporation.



368

Francis King. — 1 am the Private Secretary of the Governor.
About ten days since, I heard Gov. Wright say to Mr. Tarkington
he would have to go to Newport. The remark was made in con-
nection with the presentation of a package of bank notes at that
place. Some gentleman called Gov. Wright out (I am not certain
but it was Calvin Fletcher ;) after his return, he told Tarkington "he
would have to go."

Tarkington. — I am 21 years of aget— have no acquaintances- ,
among bankers, or brokers in Cincinnati — am studying law, board-
ing with Gov. Wright. A Aveek ago to-day, I started to Newport, j
on the cars, with three hundred notes, all of the same plate. Gov. J
Wright handed me the $1500, remarking that there was some money ■
to take to Newport; Governor supposed it was from Sandford of |
Cincinnati; told me to take it to Newport, and get the gold; saidj
if the gold should not be paid upon it, I would have to protest from j
three to five bills. I reached Newport next morning — was referred j
to Mr. Malone— asked him if he was cashier: he said he attended;
to the business; I told him 1 had some paper which I wanted re-
deemed, and asked him if be would go to his banking-house; he:
wanted to know who sent me — said his banking days were Tuesdays
and Fridays; remarked that he would be open the next day at ter.
o'clock. I called at the time appointed— he said he would not pajj
me a cent — that he knew my object — that he had the money oi;
"hand. He was in a sitting room, where there was a safe. Dr. Wa \
terman came over, and we closed the demand fifteen minutes befori,
two; presented and demanded payment of each note separately,
had not the protests printed at the time; they were printed in Terrjj
Haute. Dr. Waterman's charges were 75 cents on each bill — $225,
The agreement with Waterman was to pay me about one-third of thj
fees to cover expenses, &c On yesterday, I placed the notes witfl
the protests in the office of the Auditor of State, where they wer;
redeemed with gold. The agent came in while I was depositing th;

notes.

On the 3d instant, Geo. W. Brown testified before the committe
substantially as follows :

Last Wednesday or Thursday I saw three $500 packages of moi>
ey in the Governor's room ; one lot in the hands of Governor Wrigh
another in the hands of Francis King, and another in the hands t
Mr. Tarkington; all were counting money ; I understood from tb
conversation the object was a run upon a bank on the Wabash.

On the 15th instant, J. M. Moore, Cashier of the Madison Branc
Bank, testified as follows :

About the middle of January, I had a conversation with Go>
Wright in regard to the free banks. Among other institutions doin
business under the general law of last session, the Bank of Nort
America, at Newport, was mentioned. The Governor express*
surprise at my supposing any such bank to be located at Newpoi;



36'

I told him I was in the habit of handling the paper of this bank and
could not be mistaken. He then requested me to send him some of
it the first opportunity. I accordingly, a short time afterwards, for-
warded him a hundred and fifty-five dollars in this paper, for which I
received other notes.

On the 17th of January, Mr. Sanford of Cincinnati, called upon
ne in .Madison ; said he had come down the river with Gov. Wright
—expressed a desire to be introduced to him. I went with him to
;he boat and gave him an introduction.

Shortly after this, being in Cincinnati, Mr. Sanford handed me a
gckage containing SI ,500 in notes on the Bank of North America ;
•emarkcd that the package was for Gov. Wright — that the Governor
iad requested him to send the money to him. I forwarded the pack-
age to Thomas IT. Sharpe of Indianapolis, with directions to hand it
o Governor Wright. I had no connection with the matter whatever,
)ut merely forwarded the money in compliance with the request of
Mr. Sanford, who had previously assured me of the Governor's de-
ire to receive it.

From the above testimony, it appears that the run upon the Bank
K North America, was the result of some sort of an arrangement
/etween certain citizens of the State of Ohio and others of the State
f Indiana. What particular object they could have had in view, it
i difficult to conjecture, unless, as is most probable, thev intended,
g throwing temporary discredit upon one of the free banks of this
:>tate, to influence the action of the present Legislature upon the
ystem of free banking. Certain it is, no good whatever, has resulted
rom the course which has been pursued ; on the contrary, no little in-
convenience has been experienced by many citizens of the State. The
pokers of Cincinnati, improving upon the hue and cry raised against
he bank of North America, by their united efforts on the streets and
hrough the public press, appear to have succeeded in casting a tem-
orary reflection upon the value of all Indiana free bank paper, and
o be now reaping a very fair pecuniary harvest in a shave of some-
Mng like five cents on the dollar.

'It is seriously to be regretted that there should be any in our
lidst apparently disposed to use undue influences in order to break
own and cast odium upon a system of banking now in its infancy
i the west, but which is the result of many centuries of financial
'gislation. and is. probably, the best which has ever obtained in the
orld.

It is, nevertheless, the unanimous opinion of the committee that
very bank should be compelled to redeem its paper upon presenta-
on. Sound policy and a due regard to the interests of the people
f the State dictate that a suspension of specie payment should not
uder any circumstances, be countenanced by our laws.
; The committee would respectfully suggest" that some very strin-
?nt provisions are necessary in order to compel foreign bankers
* carry on a legitimate banking business within the State. The
'■e, doubtless, a number of institutions in the State similar to ho



370

which, in the State of New York, are denominated " moveable '
banks. As subjects for taxation and offices for redemption the)!
will prove almost inaccessible to the people. The committee wouk
respectfully recommend that every bank be compelled to have a reg ,
ular banking office — to keep said office open a certain number o
hours each day — and to pay a heavy forfeit, or be subject to be pu I
in a state of liquidation by the Auditor, upon every failure to redeen
its paper.

Your committee ask to be discharged from further consideration oi
the subject.



Doc. No. 19.] [p art L

REPORT



OF THE



O.YQUTTEEOF WAYS AND MEANS



OF THE



HOUSE OF REPRESENTATIVES



RELATIVE TO



HE FRAUDULENT ISSUE AND OVER REDEMPTION OF
TREASURY NOTES.



FEBRUARY 1853.



INDIANAPOLIS:

J. P. CHAPMAN, STATE PR IN TEE

1853.
B.— 24.



REPORT.



Mr. Manville, from the Committee of Ways and Means, made the
•llowing report :

!r. Speaker :

The committee on Ways and Means, having been instructed by
solution of the House to report the probable excess of Treasury
otes redeemed and still outstanding, over the amounts reported to
ive been issued; the amount of State bonds reported to have been
deemed under the State Debt arrangement, and the amount of such
-nceled bonds returned to the Treasury by the Agent of State ; and
so, whether any discrepancies exist between the reports of the
gent of State and the books of the Auditor of State in the amount
' stocks issued in exchange for such bonds, accompanying such
port with a recommendation of such measures as they may deem
;cessary for a thorough investigation of the matters therein refer-
d to, for the protection of the interests of the State, in compliance
ith the said resolution, respectfully

REPORT :

That from the last report of the Auditor of State, it appears that
'the Five per cent. Treasury Notes, there had been redeemed, up to
ie date of that report, exclusive of interest, the sum of... §735,170
r hile the authorized issue amounted to only 722,640

lowing an excess redeemed, of $12,530

f Quarter per cent. Treasury Notes, the amount redeemed



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