Publisher's Synopsis
Excerpt from Testimony Taken Before the Senate Committee on Banks and the Senate of the State of New York, Vol. 2: In Reference to Charges Preferred by William J. Best, Receiver, Etc., Edward Mallon and John Mack, Against De Witt C. Ellis, Superintendent of the Banking Department of the State of New York; Also Journal of the Senate
It cost exceeds market value the difference should be entered under the head. Other liabilities, in the report.
As interest credited to depositors is stated among the liabilities, it will. Of course, be just to include in this schedule the interest due. Though unpaid, on investments.
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