On the record
The impropriety of this procedure is obvious, it being the duty of the trustee to cancel and not to put forth the notes of an institution whose concerns it had undertaken to wind up.
Source
gutenberg.orgMartin Van Buren: “The impropriety of this procedure is obvious, it being the duty of the trustee to cancel and not to put forth the notes…”
Editor's note · Context
Van Buren critiques the trustee's failure to cancel the bank's outstanding notes as improper.
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