2 NOVEMBER 1861, Page 2
A Joint-Stock bank, the Bank of Deposit, failed in London
on Thursday. It offered five per cent. on deposits, and received 300,0004 chiefly in small sums, for which amount the share- holders are now liable. It is rumoured that heavy sums have been lent to the directors, solicitors, and other officers of the .Company, and that all depositors are legally stockholders. The details will not, however, be public this week, and meanwhile the tendency, whenever a hank breaks, is to make the worst of it.