Lexington union. (Lexington, Miss.) 1838-18??, 1841-04-10
PUBLIC MEETING.

THE PROCEEDINGS OF THE HoLME
COUNTY ANTI. BOND. PAYING MEETING. -
La accordance with public notice, large
number of the citizens of this county, con
sistng chiefly of The agricultural interest
convened at the court house in Lexington
on the 9th INST, for the purpose ofexpress-
ing their sense in relation to the liability
OF the State Of Mississippi, to pay the
Bonds sold on account of the Mississippi
Union Bank ; and also, for The purpose Of
organizing an Anti Bond Association, and
providing for vigorous defence Of OUT
viola.el Constitution, and the Jeopardized
rights Of the people. Ga motion Of j. NJ
Cardozo, the meeting was organized, by
calling 5. ID. SbackIeford TO the chair ;
and appointing DR.. w. B. Harvey and
NJ. ID. Haynes Secretaries --whereupon
J. II. Fitzpatrick explained in q clear,
succinct and forcible manner, the objects
tor which the meeting hao been convened.
| On motion of j. NJ. Cardozo, COM
mittee of three, consisting Of John f. Sum
mers, Benz, Griffin md w. w. White
head, was appointed by the chair, TO draft
resolutions expressive of the sense Of the
meeting. After few moments c9nsulta-
ton, the committee reported the following
preamble and resolutions:
Whereas, There is great diversity Of
opinion existing amongst the people OF
Mississippi, in relation to the liability OF
the State, to pay the principle and interest
of tho five millions Of bonds, issued 10 The
name of the State, and sold on account Of
the Mississippi Union Bank and extra
ordinary efforts are now being made by a
portion of our fellow citizens to fix said
liability upon the people in their aggregate
capacity {: Whereas, the imposition Of a
tax sufficient to meet this liability, would
tor years to come, dry up the streams of
prosperity, and paralyze the productive
industry Of our infant state, already borne
down by the heavy hand Of pecuniary
distress And whereas, these bonds were
not only negotiated in the grossest fraud !;
but issued IN conIravention OF The constitu.
ton Of the United States, and 10 open
violation ofthe express will Of the people
OF the State, as setforth in their Consttu~
ton and laws therefore
Resolred, lst, That it is The deliberate
sense OF this meeting, that there is no legal
Or moral liability on the part Of The
state, to pay or cause to be paid, the debt
created by the sale OF the bonds named in
the nducement to these resolutions; there
being no code Of laws or morals known
TO us, which requires or sanctions the
imposition of tax 10 pay debt created
10 the name of the people Of the State
out III fraud Of their dearest rights, and ia
violation OF their constitution and laws.
Resolred, I'd, That these bonds BEING
null and void from the beginning, the peo>
pie of the state, can only be made liabls
for their redemption by the mode pointed
out IN the ninth article Of The seventh sec.
ton OF the Constitution Of this State.
Resolced, Bird, That as citizens Of the
state OF Mississippi, we feel a profound
and undying interest In the preservation
u ITS honor; and will use all proper exer.
IONS 70 preserve its faith invlolate, but
the firm conviction that these !
PONDS do not amount TO a pledge of the +
alth ftLe state, inasmuch as The neonlo 4
AVE never sanctioned their issuance a. .
ale we will zealously oppose the impo> !,
l'Ion Of a tax for their redemption.
The preamble and resolutions bav;nc Q
'een read, J (, M. Cardozo, DR.. w. b
harvey, =. ii. Fitzpatrick and J. +. y
summers ne! we're called on, and addressed !,