Letter – The Proprietors of the Exchange Bank at Newcastle – 29 Jul 1803

									29th July 1803.

The Proprietors of the Exchange Bank at <N.C.> & of the Bank of Berwick having determined to decline entirely the business of Banking beg leave to assure the Public whose forbearance they have taken the liberty respectively [sic] to request, that they are about to lay their Accounts before Gentlm. of the first respectability, who, they are satisfied will soon be enabled to give a correct and satisfactory statement of their affairs to the Creditors at large. Independently of the various securities Bills &c. belonging to their Banks at N.C. & B the respective Partners have very ample property, equal to more than the liquidation of the Debts of the two establishments, of which the circulation in promissory Notes to bearer will be found much less than has been generally represented. – Persons therefore holding the Notes of the said Banks are requested upon no account to part with them for less than their full Value. - <Mess. S.B.& B & Mess. S.B.B.E.> anxious to prevent loss to the Holders of their Notes & other Bank Debts from the suspension of their paymts. engage to allow legal Interest, on all such Notes & Debts from the 1st. July Instant to the time of giving Notice for their Discharge. -