Tae statements of the Solicitor of the Oriental Bank at the meeting of sare. holders, of which we reprint a part elves where, regarding the additional liability of shareholders in chartered banks for the note circulation, brought about a correspondence in the Standard. he City Editor of. our contemporary suid that much -attention lind boon excited by, the statement of the Solicitor regarding the Act of 1879, and remarked that "most people who use the notes of limited banks will be glad that the Patliamontary dranghisman blundered after this fashion; but shareholders: do hot relish this addition. to-their list: of unpleasant contingencies and should the Oriental Bank succeed in obtaining an Act releasing it from this liability, other institutions will, no doubt, sock to profit by the example. thus set, It is to be hoped, therefore, that tle prine ciple upon which the Oriental Baul is framing ils Bill will not, be permitted to pass into law without ample: die cussion."" This drew forth a letter from the Solicitor, who said it was obvious that some misapprehension had arisen from the words nyed.by him, "The Act of 1879," ho points out," provides,
Text read from the printed page and cleaned; old type leaves the occasional error.