Williams, Nathaniel (1782-1864) [Notes about the Bank of United States vs. Solomon Etting case]
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Gilder Lehrman Collection #: GLC03545.21 Author/Creator: Williams, Nathaniel (1782-1864) Place Written: s.l. Type: Document Date: 27 December 1827 Pagination: 2 p. : docket ; 24.5 x 39.5 cm. Order a Copy
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.
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