The Ripley advertiser. [volume] (Ripley, Miss.) 1843-1897, 1845-05-17


mahe ,hese swe which, ny Tho isw eflhs con.
ifaci, fheW We "fully auihofs a 10 make. shs
= me', no' w 81 Iec'ions IN The par NJ the yrs.
faif nfhhoifsas, but Wy cotmofants called 90.
sianers. VIM ats eating on tho Substance of,hs
ct'npHhy, snd consequently ~ me 0taie. We
afc informed that . tbancesy proceeding has
b'cn long since instituted 10 ec, possession NJ
ihe cuiife asse's ~ this company. and thsi Z
reasonable hope 10 INDUCED that . hasI decree
VII be had ~ The nes' term ~ The court. The
company has about w negfoss, miWss thirty.
wli,cb have been spirited away, some valusbls
RAJ property; twenty five miles u rail road, and
sou,e other pfopef y,bcsides the sock of ndtvtd.
ual Subscribers. Of tho Two ml,ans Of stock
'finsIcued under the act OF 1890. only about
700 thousand dollars vas ever ufej by tho Rail
Road Company leaving, ~ c,ur,e, 81, 300 COh
which, under the general forfeiture, comes back
10 The state, and leaves the Siae, 90 far ~ THE
si $40 coo IL concerned, Just IN Tho same posi.
ion towards the Planters Bank, that she was
beforc tho transfer. We do no, pow Give An
op'n'on ms 10 how Tar the rights Of the stats
we're lest on The 700 thousand dollars, which
The rail- road used, or IN other words, AZ 10
whether the Planters Bank was ab olyrd frsm
her original agreement TO make good 10 tho
state 'lls amount OF stock; bur no TO the remain.
ny l,3OO GOO dollars there cannot be doubt,
that the Planters Bank is now Just where she
was before the transfer.
The law ofihe last session requiring The Plan.
,ers Bank to be pu, in liquidation. has not been
euf reed. The criminal feature was dsregsr.
ded by TIE grand jury Of lidams county, al the
time of the pass ge OF tie law last winter WAS
a,ear. A quo WIrrdn'o procet ding had been
|lnsti u ed under The "Briscoe Blu" and was in
progress; i, was deemed mos, advisable by the
law officers to proceed under this law 10 final
d, sion TIE case, we are informed, is at issue
and will be heard aud finally decided at the next
ERIN fthe Adams circuit court. lfany are dis
posed 10 find fault with The prosecuting tftcers
OF the State, for what may seem TO be procrasl-
nation in these imp rant matters, we beg them
10 consider tina, these bark commissioners and
assgnees are tatked By much Of the lega! talent
Fl OF the Sia,e, and that they control almost IN.
hunted amounts of money None but those ac'
quainled with such proceedings can tell how
. long score or two of learned counsellors can
delay chancery suit, especially !! they are wen
q feed all the time.
: Speaking Of this Planters Bank, il has been
he fruitful source of more injury TO the State
than all The banks together. To pass over the
c m,sman agement and fraud found alike III all
banks-we charge the Planters Bank managers
y with having been guilty ofgross injustice to tho
d State in regard to her stock, and the manage
;. menl Of the sinking fund. We charge that the
d S ate Treasury was delrauded by them in THE
/ that deprecated Brandon Bank notes were pait
;. out, when they received specie or 'ts eqn'va
a lent. We charge them Win cheating the STATE
20 seminary gu, Of nine'yive thousand dollars o
. lis enduwment-and we charge item WIN
y wickely deirauding every orphan c".d IN W.
State by their gross squaad,riyg Of lie literary
fund. We arraign the grand jHy OF Adams
county a, the bar of pubic opin'on l"r rt'rsial
to take the necessary inei9i nj steps Tor 'nh'es
ing punistmen, on these oGntsrs-aad lastly
zoe charge that there are men in 'h's Sat-
10 vociferous sor paying Stale bends ana o'a'
m Indebtedness, who have purlo,ned through IN
40 Planters Bank the money OF the State, ahu az
n, now living upon il IN ease and sifiuence, wh''f
A, executions are returned agains. them, mo PRO
,e pERTY FOUND"