It was near the close of the Civil War. Sherman had made his celebrated march from Atlanta, through Georgia to the sea, and was continuing his march across South Carolina - had reached Columbia, and that city had been burnt either by his order, or by the Confederate troops who are said to have set fire to some cotton in the streets. Be that as it may, the city was destroyed, and Sherman continued on his triumphant march towards North Carolina, coming as far as Winnsboro in the direction of Charlotte, when this little event never chronicled in print, had its inception.
The Bank of the state of North Carolina before the war was one of the largest in the South, having a capital of four million dollars - equal to any fifteen banks now in the state. It was located at Raleigh, but had branches in Charlotte, New Bern, Tarboro, and several other places in the state.
As the war progressed, the eastern portion of the state was soon invaded by federal troops, and the branches of the Bank located in that section had to pack up and remove to the interior, some of them coming to Raleigh and others to Charlotte. At last however all the specie the bank owned, amounting to about two hundred fifty thousand dollars, was sent to [the] branch Bank at Charlotte, as it was thought it would be safer here and less liable to capture than at any other point where a branch of the bank was located.
For some time no apprehension was felt in regard to its safety, but when Sherman's troops got to Winnsboro and Stoneman's raiders were getting uncomfortably close to us, some doubt was felt about the safety of the specie in the vault of the branch at Charlotte.
Gen. Joseph E. Johnston had been here and had his headquarters at the Bank, but soon left, going east to attempt to intercept Sherman's forces, and some of his troops had passed through going in the same direction.
As this move left Charlotte uncovered and without protection, some of us who were the most interested in saving that specie had a conference and after mature deliberation decided that the money would be safer in the woods somewhere than in the bank's vault.
The next thing to consider was how to do it. Teams of any sort were hard to obtain, as they had been taken for the use of the army, and the Rail Roads did not run in a direction that we thought safe. the weight of the specie was between three and four thousand pounds, which would require a good team to haul over such roads as we then had leading out from Charlotte. We were fortunate however in finding the man for the occasion.
A. A. Kennedy was his name. He lived about one mile north of Biddle Institute, had been a wagoner all his life, and always had good teams. Fortunately too, he owned ten thousand dollars worth of stock in the Bank, and this fact relieved us of any embarassment in applying to him for his aid. It was soon granted and it took us but a short time to arrange the program for our flight.
The specie was all in strongboxes and kegs, ready for shipment.
To be continued in the next blog post.
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