The Ohio Democrat and Dover advertiser. [volume] (Canal Dover, Ohio) 1839-1840, 1840-03-13
OHIO LEGISL TURE.
Continued from last week:

W.T.. opalulnB eald, ne WOuld 60 win Dis
friend from Licking, (Mr. Flood for Bank Re
form-shouder TO shoulder, and he considered
that the cutting off such institutions as this,
which had sprung up without the sanction of
Law and attained mushroom glowth, was ono
Of the means Of accomplishing that end. He
did not know whether the Bank Of Gapoiis
had been guilty of fraud and he did not care.
since il had gone into existence without any
right to do so, and in violation of Law. Mr.. =
then went into an argument 10 show the charter
of the institution was forfeited by non.user, and
that all grants under that had become void -
consequently they were now existing in fraud.
Mr.. Buchanan (Mr. West in the chair, read
and commented npon that section Of the Bank
charter which provided tina, the provisions there
Of should not be void for non.user &c., until
May 1920 1t WAS eviden' that when that time ar
rived, and the corporators had not avalled them
selves of their privileges under the act, il be-
came void-a dead letter upon the statute book,
and could not be again revived without legisla-
tive action. There were crimes which, when
committed BY individuals consigned them at
once to the peniteniiary, but when the offender
happened 10 be corporation, or company of
shayers and spectators, who had dug up from
the musty records of your statute hooks, an oh
solele and extinct charter, with which,,o cloak
their knayery, it was quite another affair there
were even members found upon this floor, rea>
dy to justify them. II counterfeiter issues
money on his own hook, why. we incarcerate
him in the pententary. Let US have no pars
iiali.y in tins matter let us see if members are
in favor Of fes trade in this business of scrv-
ing the great and the small offenders alike. He
was ready to record his vote to repeal the char
ter Of every bank in the state which had violat-
cd lis charter, and did not care ifthe ruin which
some so feelingly deprecated should come u9on
Us. He did not believe that this just course
would produce any such result. The banks
had brought us into our present difficulties-t is
they who are responsible for the disresses
which we feel, and not those who would call
them 10 an acconnt for their misdeeds. He said
The was ready to the work by repeating the char
ter OF the Life Insurance and Trust Company,
the most powerful offender in the state. If a
poor wretch in your streets, steals D or 50 dol
lars, he is forthwith dragged before your tribu-
mails and sent without mercy to the pententiary.
HIS doctrine was to make an example Of the
greater offenders 90 that the lesser once would
be intimidatsd. He was weary ofhaving such
mlschlevous distinctions set up by members, and
would ask The gentleman from Licking if he
could, consistently with the principles he pro-
feSS"d, become the appologist of such palpablt
violations Of Law. He read and briefly COM
mented upon the report Of the Bank Commits
sioners respecting the Bank Of Gallipols.
After briefdscussion. in which Mr.. Flood
Mr.. Waddls, Spalding, Leonard. BARLEY, Cor
win, and Jenkins, particlpated-.,he bill was O.
dered to be engrossed, yeas 81, nays 20.
Mr.. Flood then moved to take up the bill Il
rOpea! the charter of the Bank Of Chlllicothe
which prevailed, 81 TO 25.
Mr.. West msvsd to ?ostponethe same indsfi
nitely.
After an animated discussi"n between Messr
BARLEY and Flood, the motion Of Mr.. West wa
lost-yeaG "a, nays 80.
The question being on the final passage {
the bill, the came was lost, AZ 10 Is.