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Collection Reference Number GLC03545.21
From Archive Folder Collection of letters and documents from the archive of Baltimore attorney Nathaniel Williams 
Title Notes about the Bank of United States vs. Solomon Etting case
Date 27 December 1827
Author Williams, Nathaniel (1782-1864)  
Document Type Legal document
Content Description Notes about the Bank of United States vs. Solomon Etting case
Subjects American Statesmen  Law  Government and Civics  Judiciary  Bank of the US  Banking  
People Williams, Nathaniel (1782-1864)  Etting, Solomon (1764-1847)  
Theme Law; Banking & Economics
Sub-collection The Gilder Lehrman Collection, 1493-1859
Additional Information From the archive of Baltimore attorney Nathaniel Williams. In 1819, William McCulloch, a cashier for the Baltimore branch of the Bank of the United States, in collusion with other officials, stole or misappropriated $3,497,700. In the settlement with the directors of the Bank of the United States, part of the security offered by McCulloch were endorsements by sixteen merchants of Baltimore, who individually bound themselves for $12,500 each. Among these merchants was Etting. Etting refused to pay his bond on the ground that he had endorsed without knowledge of McCulloch's thefts. Roger B. Taney served as Etting's lawyer. The case was decided against him.
Copyright The Gilder Lehrman Institute of American History
Module Settlement, Commerce, Revolution and Reform: 1493-1859