01 - London & Philadelphia: Documents concerning the Bank of the United States of America

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In Folder: 09 - Philadelphia

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01 - London & Philadelphia: Documents concerning the Bank of the United States of America

HC5/09/01

Catalogue

Reference Number: HC5/09/01

Description: 1817 12 Mar, London: Articles of agreement between the Bank of the United States (John Sergeant, Attorney), and Barings and Reid Irving & Co for a loan to the bank of £745,500 ($3,195,000); with documents relating to the loan1819 5 Jun: (should be Jul?) London. Articles of agreement between the Bank of the United States (Thomas Cadwalader, Attorney), and Barings and Hope & Co for a loan to the bank of US$3 million for three years. PC Labouchere signs as partner of Hope & Co; with correspondence and other documents relating to the loan1828-32, Philadelphia: Correspondence with the Bank of the United States (Nicholas Biddle, president, W McIlvaine, Cashier)The bank had exceeded the limits of their agreed credit with Barings; Barings’ insistence that the bank should honour its obligations; the intention of the bank to remove its business from Barings, and to seek other connections in Europe; reasons for this intention; extension of credit by Barings to the bank; satisfactory conclusion; the retirement of Alexander Baring, Dec 1830, to make no difference to the relations between Barings and the bank; the bank again seeks to raise the limit of its credit, 20 Oct 1831; successful arrangement of this; establishment of the Union Bank of New Orleans, 16 Mar 18321834 29 Oct: S Jaurdon (Cashier) to BaringsRequesting a report on the character and standing of houses trading with the United StatesDuplicate letter of the same date signed by Cowperthwait (Cashier)1836: Renewal of the Charter of the bank

Date: 1817-1836

TBAL Reference: HC5.09.01

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01 - London & Philadelphia: Documents concerning the Bank of the United States of America

Contract for dollars between Baring Brothers & Co and Reid Irving & Co with the Bank of the United States

Contract with the Bank of United States with their attorney general Cadwalader, Paris

Papers regarding a Loan of £229,500 to the Bank of the United States made 5 July 1819 and repaid on 5 July 1824

Papers regarding loan to Bank of United States 1828-1836