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Letter to Editor January 13, 1804

Alexandria Daily Advertiser

Alexandria, Virginia

What is this article about?

A stockholder proposes re-electing the current Bank Directors via proxy, highlighting the institution's flourishing under their leadership, which increased stockholder property by 50%, accommodated traders, restrained enterprises, and elevated the town's status from decline.

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OCR Quality

98% Excellent

Full Text

Mr. Snowden,

Since the present Directors of the Bank have been in office, the institution has flourished in so great a degree, as to enhance the property of the Stockholders fifty per cent. The regular traders have been accommodated with all the discount they could desire, the men of enterprize have been kept within bounds, and the Town has arisen to consequence from the most reduced state. I beg leave therefore through the medium of your paper to propose the old Directors, from a confidence that the institution cannot be amended by a change.

PROXY.

January 13.

What sub-type of article is it?

Persuasive Informative

What themes does it cover?

Economic Policy Commerce Trade

What keywords are associated?

Bank Directors Stockholders Property Economic Flourishing Proxy Proposal Traders Discount Town Development

What entities or persons were involved?

Proxy. Mr. Snowden

Letter to Editor Details

Author

Proxy.

Recipient

Mr. Snowden

Main Argument

the current bank directors should be re-elected as the institution has prospered under them, increasing stockholder value by 50% and benefiting traders and the town, and a change would not improve it.

Notable Details

Enhanced Property Of Stockholders Fifty Per Cent Regular Traders Accommodated With Discount Men Of Enterprize Kept Within Bounds Town Arisen To Consequence From Reduced State

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