Arkansas intelligencer., 1844-09-28
GOV. YELL TR!UMpHANTsAs EVER.

Gov. Yell changed the venue from divers Spring,
aud addressed his feow-citizens in this town,
in one Of The most able, mastery and conclusive
speeches, thht probably, was ever delivered in this
county. He bore downeyery adversary who had
the daring to throw himself before his lightning
like course. Like Richard Coemr de Lion where
with'hs heavy battle axe he moved down the mus
sleman BY ranks as they camo within the reach
of his puissant arm. did the Governor deal stall.
worth blows among the affrighled coons, who
WINGED at every blow.
Our friend Mr.. Turner. seeing the dire havock,
made by the Governor among his friends, and be-
ing valiant of heart, made effort to lead ..for.
orn hope to the rescue. AIass poor Jesse such
a coon skinning, we never witnessed since the
canvass commenced, as we did on this ever mem.
orable occasion. ... -a
Afier dwelling upon the Bank, Tariff, Distri.
button, &C., he adverted to the last issue pending
oetweenlMr. Walker ana himself During this part
OF bis speech, considerable explanation passed be-
tween Col. Drenncn aud the Governor
Although Col. Drennon may satisfy the public
that there is no discrepancy in his letters 10 Mr..
Walker and Gov. Yell, and that s'the transfer of
the stock to Mr.. Fletcher was not consumated'' the
Governor still triumphed over, and most complete
y vindicated himself in his issue with Mr.. Wal.
ker, and he proved conclusvely to the minds of
his hea rers that Mr.. W fire months fter the agi.
tatlon OF the matter, brought this up on the eve of
the election. with the hopes that by this means to
defeat his oppone"t. whom he could not bv fair
and honorable MEANS
After Mr.. Turner had concluded his remarks
urging that he yet considered Gov. Yell a stock.
holder in the Real Estate Bank; because he had
failed to perfect his transfer of stock Judge Pas.
chaI remarked, that owing to his feeble state of
health, he should not be able to remain VIII Ie Mr..
Turner discussed general politics; he there
lore, desired to be heard few minutes on the
subject which had caused the shedding of
world Of ink, and had now ssumed legal form.
Mr.. Turner gave way. and Judge PaschaI proceed
ed. tie said, that he thought, gentleman disa.
greed with Gov. Yell, from misapprchcnsion of
terms. They had produced certificates stating that
Gov. Yell had not L" consumated" or perfected"
his transfer of stock; and, therefore, it was urg
ed that he was styled stockholder. Judge P. dis.
agreed with those gentleman who had given these
certificates. Gov. Ye's deed Of transfer of his
Bank stock to Elliott II. Fletcher, was perfected or
finished tho moment that it was duy acknowiedp
ed and delivered to the Bank. Every act on his
part was completed. But the voluntary transfer
OF Bank stock, or renunciation of corporate pri-
vlleges by surrender of franchise, was one
thing, and the being discharged from the liza bilites
OF the corporations. another. Had Elliott
ncrenfed the stock and substituted othor lands in
Lieu OF lelis, by proper mortgage, YeH's land
would have been released, and he would have been
discharged from all liabilities as a borrower. n
well as all liabilities of the corporators But it is
admitted that Gov. Y ell was mover liable "a n bor-
rover, and also, tha; he has by deed, transferred
MS STOCK. He, therefore, has no further priyi
leges as stockhoIder of the Bank, but his lands
are liable for The defeasances only of the corpo.
rators, should they fail to redeem their State bonds.
mortgage is but collateral security; and sure
Iy the morgagee, may transfer the bond or note
which is the basis of the mortgage, and thereby de-
pr've himself tho privilege ofcoocting it without
at the same time transferring the bond. In Gov.
folps case, the stock conferred upon him privi
lege by his deed of transfer, he renounced his
claims TO that privilege and. could no more
control it, than could the holder of note after he
had assigned it away. The assertion of Gov.
Yell. is, that he had transferred his stock to Flecb
er, and had certificate of that fact His oppo.
nent denies the fact and undertakes to prove, no,
| there is no such transfer, but that Fletcher ha<
not substituted other bonds. Such manner Of
treating simple issue of fact, is well worthy the
acumen of sharp lawyer, who has whe,ted his
weapons of warfare for ten years in tho ,echni
caIities of a Circuit Court practice. Judge Pas
chal in con clusion thanked Mr.. Turner and III
audience for their kind indulgence.
Readers, after perusing the circulars of the ar.
ray of Bank and Ex- Bank officers, the question
that naturally recurs to miuds is, who are the
witnesses by whom Davy Walker attempts to fast
en- this charge upon Gov. Yell! The answer is,
the officers of this 'egaIized swindling Shop"
Mr.. Walkers circular is published by the ga
zettc," paper purchased from its former proprie
tor. by those connected with the Real Estate
Bank, paid for by tie assumption of five thousanc