The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1843-02-03
Correspondence Of the. Free Trnder.

SPaiNoFELn, Jan. p, lsI3.
AIesss, H,se and Osmal--Thc past week has
been rather monotonous, and devoid Of much mat
ter of excitement; though, on Tuesday, an affair
occurred out Of the legislature, that caused little
stir. mercantile firm in this city, some time
last fall, obtained q judgments against the State
Bank for IS, 600 or $1,000 for the non-payment
by the bank Of her bills nell by this firm The
execution had bcca held back until the now APP
praisemcB, or two-thirls law went into operation
The plaintiffs in the execution then delivered tito
the sheriff, who went into the bank during bank
ing hours, and levied it upon the specie to the
amount OF the execution, and carried it OIL This
caused quite u flare up, and the inquiry was made
how i, was that circuit court execution could be
levied first on money, before cxhausting the real
estate Of ,he bank; but, onlooking at the new APP
praisement law, it WAS iouad ;het is fast section
provides that the creditor may elect what property
no will levy on, except the homestead, the gene
raj term property embracing both real and person
al estate This caused the advocates of this law
va WA S'o " SsANlu NAit utIuIllly OF INC
works of their own hands. The opponents of
the law saw this defect when it was under the
consideration of the legislature, but they "kep,
dark hoping it would relieve the law Of wha,
were to them some otits odious features. But, as
tie defect has been discovered, it will probably be
remcdlcd by supplemental law, making it ne.
cessary to levy real estate rst and sell that be-
fore selling personal properIy,-As to the specie
of the bank, provision has already been made for,
this forenoon, a bill was introduced aud passed
both houses, prohibiting Ievying executions upon
the specie of the bank hereafter. There is cues
ton of law for the courts to settle, whether the
specie of the bank could hc taken after she had
acccded to the terms Of the act putting her into H.
quotation.
N. II. PvnPlG, Esq, Is appointed commission.
er OH the part Of the state under the new bank
law. His nomination has been confirmed by the
senate and he has entcrcdupon the duties of his of
flee. The appointment gives general satisfaction.
HencelorIh the State Bank may be considered as
dead especially as to all power Of innicting new
and repeated evils upon The community.
No act has yet passed to dispose of the Shaw
neetown banlS--but one has been introduced.
This bank has placed herself upon her dignity
yet am much mistaken il this democratic lcgis
aturc does not bring her to terms An ac, to
close up her affairs must be passed, and, if the c-
gislature should adjourn without doing it, the re-
personalities will DO holden responsible to that
great tribunal, the people, from which there is no
appeal Public sentiment and the public good
alike require chat an end be put to the existence
of these institutions, that have so long dcfraudcd.
while they have ceased TO benefit the people. BY
this act in relation to the State Bank, 1000 900
and more Of our state debt hus been discharged
Had nothing else been accomplished this session,
the Legislature would not have convened in vain
The bill for disposing Of all the lands aud other
property Of the state obtained under the internal
system, which passed tho house