The Democratic Whig. [volume] (Columbus, Miss.) 1842-1843, 1843-07-27

% asslgnees OF such Bank and banking comnan;as :.
ene case may requre) from interference with nc y
,sc.s Oh such Banks and banking companies until IL
.sauls ol tue courts on the writs of Quo Warrars
snail be obtained Where cornora,ior :; a.la =
Is franchise by the judgment Of court IF Co..,
.ent jurisdiction not only the corporation hnt ol
enects and liabilities thereby become ev,;rrt I =
power exists thereafter to collect its effects ar - M
faaL:e .nesS PROVISION Is made by law before In.
the same. ooHunuahce
as the forfeiture OF an incorporation NAV he wave,
or levved by the legislature in whole or na,t
mar provision shall be made by law that the in.
Rail Road Company shall be revived for the Y
n9uoaton only andin favour only of the State or
oncer or commissioner 10 be appointed nv and 49,.
aoie tothe State to adjust the rights of the ~ rs =
elesed 10 sucn incorporation. By this course of pro.
ceedmg the rights of all will be resnected and ;s1oe
VIII be effected, otherwise it will n6tW;tbo1t oe
OF the Planters Bank and Mississippi Rail
ROAD company the State would lose its interest with
thrae institutions 80 10 '-'eioS' WIN
= rom several interviews which have had with
EinoIlr tne President of the Mississippi Union
Dank on the subject Of suYendernP to the Sta,e tho
bonus amounting to S5OOOOO0 executed for and ON
accoun: OF the individual stockholders of The Union
BANK attered myself that said Bonds would be sI,r
rendered up to the State by consent of said Bank On
the 18th day June last addressed letter 10 Jaoo-
Elliott, ESQ., President of said Bank reouestnc, fI
1etermmaloE OF the subject of surrendering I'D said
bonds. He replied the 10th of June last declinno
10 surrender SAID Bonds to the State until protected
IN so DONG oy the Judgment of court of competent
Jurisdction Under the expectation that these bonds
would be surrendered to the State DELAYED to lsse
the proclamation provided for by the resolution of
the Legislature Of last session on that subject.
:, recommend that law shall be passed prescribing
the me ans by which the State may enforce the sur
render and cancellation by judgment of a court of
competent jurisdiction of said bonds now in the DOS
session of said James Elliott the President of said
mon Bank and providing that the said James Elliott
the DheceorS and ass'gnees of said Bank may be
strained from negotiating or otherwise using said
bonds. The correspondence between myself and Mr.
Elliott Is herewith submitted.
. 1he. commissioners required by the Sd section of
the act accepting certain provisions of the act of Con
gress OF september 4th 1871 to be appointed by the
executive, were appontedsduring the summer of the
past year. They commenced the discharge of the du
es assigned them by the law as early as the health
SITUATION and condition of the region of country in
"hlcn their a6ours were required to performed would
reasonably Justify. The duties of the commissioners
equre great labour and subject them to many pri-
Tations
The last clause ofthe Ord section of the act is con-
trued to require the joint personal inspection by all
ne commissioners of each and every tract ofand by
mem located This and the peculiar situation of the
country IN which the lands required be inspec
ed caused she business of the commissioners to pro-
,ress very slowly.
suggest to you the proprlety of so amending the |
as to make the inspection of any tract of land by
my one OF the commissioners sufficient for its location
y all and also whether it would not be prudent to au
horlze the appointment of additional number of
to assist in the inspection and location
IT the land contemplated by the act 10 be located SO
hat the business may be discharged more expeditions
y than the same can be done under the present law
Should the report of these commissioners be furnished
ne during the present session Gas expect,) copy
hereof will be transmitted to the legislature. |
Under the provisions of the act of Congress entitled
ian act to amend act entitled act to carry into
fleet in the States of Alabama and Mississppithe ex-
sting compacts with those States, with regard 20 the
i've peF.eeat and the school approval
ID June 18th, 1912. appointed three commissioners to
nspect select aud locate for the State the lands
emplated by this act and the act 10 which 1t Is an
amendment.
The act of Congress makes provision for CON-
ensatIcn for the inspection ard location of these lands
No compensation whatever has been received by the
commissioners appointed by me to discharge this duty
recommend that provision should be made by law TO
these commissioners for their services al
eady performed and for ssuch they may hereafter
erform. suggest that they shall receive for their
ervices per day the same compensation allowed by
to the other commissioners and pay the two asss-
ants whose salaries shall not exceed twenty five dol
hrs per month.
7 he act of Congress provides that the lands COM
empated shall be selected under the direction ofthe
iov of this State. Without any authority con-
4
possibility to appoint such commissioners to locate
aid lands believing that the interest of the State
7ouh be advanced therby. adopted as nearly as
ould the plan prescribed by the Legislature IN rea-
ION to the inspection and location of the five hundred
housand acres of land by appointing three commits
oners and by permitting such commissioners to en-
10y two assistants.
II is probably just that the salaries of these
commissioners and the expenses of locating these
nds should be paid by the United States than by this
tate. In justice however as think, this State is
ound at this time to compensate these commissioners
Or their labor.
have called your attention to such subjects only
in nv opinion demand immediate legislation leav
10 to your better judgment, the propriety of acting
pom any other matters public interest at your pres
Mt session.
TN. TUCKER.
Executive Chamber,
City of Jackson, July 10th l943.