Lexington union. (Lexington, Miss.) 1838-18??, 1841-10-23
DEMOPHILE.
JUDGE SHATTUCK AND THE
McEWEN, KING, g. co. BANK,

JUDGE SHATTUCK AND THE
McEWEN, KING, g. co. BANK.
1t will be remembered by many who
heard Judge Shat!uck Intercepted as to
his liability for the shin plasters of the
McEwen, King, & Co. Bank of Holly
Sprngs-whch now rank on a par with
those of the Brandon, Grenada, and the
other swindIlng institutions with which
our State abound-that he treated such
questions so cavallerIy as to impress their
belief that be was no more liable for the
circulation of that institution, than for the
issues OF the deiunct bank of the United
States, which he had never seen. Indeed
when Mr.. Tucker pressed the charge
home upon him, and asserted that she
(Shattuckl ras liable for this worthless
trash" the Judge promptly and indignant
~ replied by requesting Mr.. Tucker "not
10 repeat The charge be was not
liable and that all the connection he ever
had with that institution was to sign pa
per calculated to give confidence and char.
dcter to the Institution. But as to his liza.
bIIlty for lis issues, he hooted at the very
idea, and asserted most positively, that he
was "nethcr morally nor legally oound
tor their redemption" WHAT must the
reader think Of an individual Offering for
the highest Office in the gift of the people
OF our State, who could make such an as
sertton when he knew, in his soul, that
facts did exist which could prove the fall.
sty OF his statement These facts are
now in ourl possession, and weproceed
to lay them before the public.
A company consisting Of sixty six indi.
v'duals, residing in the northern part Of
this State, determined on forming REAL
ESTATE BANK, at Holly Springs. This
they accomplished on the nineteenth of
August, 1887, by adixing their hands and
seals to the following articles of associa-
ton, to,wit:
1--WE whose names. are hereun,o sub |
scrlbed do hereby covenant and agree to
associate ourselves, under the name and |
sly Ie of M'Ewen, King, g. Co. for Banking
purposes; and strictly to observe, conform
10 and be governed by the first and thir,
teen succeeding articles OF the conslitu-
ton, or articles OF association hereunto
annexed; and to apply to the Legislature
tor an act to incorporate this Company
the act to embrace the annexed articles of
association, as a Charter We further
covenant and agree that should an act OF
Incorporation be obtained, embracing :
hese articles, and not materially affecting
he interest OF the Company by the than~ |
yes that may be introduced, we will adopt =
laid charter and be governed by il in lieu E
IT the articles particularly specified a.
DoVe.
In testimony whereof we have hereun-
o set our hands and affixed our seals this
9th day Of August, 1887"
Here follow the names of the ndivuals
f which the Company consisted, together
With the Constitution, or articles OF agree.
nent,% and among the list stands No. al, Z,
he name of DAVID o. SHATTUCK, a.,
a bold reliel!!
The McEwen. King, g. Co. Bank went I
ITO operation under the provisions of the
greenent above stated, and continued to "
CT under them to the end Of its existence, =
3 the Legislature refused to incorporate =
lch an institution. Once under way, u
icy soon flooded the country with post !"
oteS, payable at their Banking House, at
,me distant day. The character of the ~
ZEN who we're known to be stockholders u
this bank, induced many of the unsus- 'o
Getting portion of the community to take
,tes Of The McEwen, King, 4 Co. con VI
,rD in lieu Of their property or labor. p
ay day at length arrived, when it was
that the McEwen, King, & OF
o. Bank was unable TO do any thing for W
, note holders--that it was unfortunate
its operations; in word, that it was o. .,
perlect Brandon or Snag- Bank case. I'd
nus were thousands OF honest, unsusPec- III
y cilizons cheated out of their sweat
ught earnings by this unhalowed scheme, !: ::
en- whom the community had once view Us
as worthy members Of society. Suits ID,
we been instituted against many OF the :
embers of,his Banking Company resid>