George W. Robinson reports that John F. Boynton believed that the Kirtland Bank "was instituted by the will of God" and he was told it would not fail.
"Letter to John Corrill and the Church in Missouri, 4 September 1837," The Joseph Smith Papers website, accessed February 22, 2024
Elder Boynton again arose & still attributed his difficulties to the failure of the Bank, stating that he had understood the Bank was instituted by the will of God, and he had been told that it never should fail let men do what they would Prest. Smith then arose and stated that if this had been declared, no one had authority from him for so doing, For he had allways said unless the institution was conducted on richeous [righteous] principals it would not stand, A Vote was then taken to know if the congregation was sattisfied with Boyntons confession Voted in the negative Conf— Adjourened for one hour——