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Lot #155
George Clymer

As president of the Philadelphia Bank, Clymer writes to "the Speaker of the House of Representatives"

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Estimate: $1200+
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Description

As president of the Philadelphia Bank, Clymer writes to "the Speaker of the House of Representatives"

Signer of the Declaration of Independence from Pennsylvania (1739-1813) who served as the first president of the Philadelphia Bank. ALS signed “Geo Clymer Presid't,” one page both sides, 8 x 9.75, February 8, 1810. Letter to "the Speaker of the House of Representatives," written as president of the Philadelphia Bank, relative to the election of Robert McMullin as a director of the bank. In part: "This bank having the notification of the election for the state, on the part of the house of representatives, of three directors, for the ensuing year; a doubt of the eligibility of one of them has been entertained. The board of directors, concluding to judge upon a matter, involving the rights of a branch of the legislature, and following a former example, have instructed me to state the case, to the electing body, with a submission on it…The third—section of the act of incorporation, of the Philadelphia bank, provides that no other but a stockholder in it, shall be a director: now Mr. Robert McMullin, the gentleman referred to, tho holding stock, it is but on trust, for another, and the question is, whether standing in this predicament, he is a stockholder, in the contemplation of law, to the purpose of being a director." In fine condition, with splitting (and a small piece of old clear tape) along the hinge.

Auction Info

  • Auction Title: December Auction: Featuring Animation
  • Dates: #514 - Ended December 06, 2017





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