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Thames Star, Volume IX, Issue 3049, 22 November 1878, Page 4

'The Sheffield Telegraph says that some extraordinary revelations were made last week at a meeting of the shareholders, of the: Chesterfield and North Derbyshire Banking Company, held at the Angel Hotel, Chesterfield, for "the purpose of voluntarily winding up the concern and to appoint a liquidator. Mr Gratton gave an explicit statement of the position of the bank, showing that it had lost the whole of its paid-up capital, and probably more, and the whole of its reserve fund. The late manager of the. bank was indebted to it in the sum of £6000, and the Scarborough Brewery Company, of .which he was managing director, to tbe extent of £26,000. It was further mentioned that the interest on the last-named sum had never been calculated since, the year 1868, it being evident that the bank could not get it. Nevertheless, year by year, the sum owing' by the brewery company had increased.'; Other disclosures of an equally astounding character were made, and after the appointment of a committee of investigation the meeting was adjourned for a fortnight. "