Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1845-10-08

s WIZ Y EJsET n ~ q g5E47f2 = ,E3T74
Number 10.
for bankers, not the people, and recre-
ant 10 their pledges before the election,
they were found fit and willing instru-
ments in the hands Of the leaders to
carry out their views as will be seen by
the votes given below:
HOUSE OF REPRESENTATIVES,
Monday, February 10, ls45. =
Mr. Roudebush (dem. moved to a.
mend the bank bill by adding the fol-
lowing proviso 10 the 4th section, viz:
Provided that if any loss of capital
stock, or other funds or properly of any
Ihapl& &deing business under the. anthori-
Et IL thiss act shall be. caused BY the
mismanagement Of the officers Of such
bank, or either OF them, the person by
whose mismanagement or abuse OF
power such loss occurred, shall be LA.
Bile in his or their individual capacity to
such bank, and the individual credit.
ors thereof, for damages sustained from
any such mismanagement or abuse; and
in case Of insolvency Of any such bank,
the directors and officers causing in>
solvency shall be held individually
liable to the other stockholders and
creditors Of such bank for all injury
done and loss sustained by such mis-.
management. @
Upon which motion Mr.. Roudebush
demanded the yeas and nays, which
were ordered, and resulted as follows
yeas 80. nays 81:
Yeas-Messrs Anderson, Ankeny,
Archbold. Bell, Brown of Highland.
Brown ofPerry, Caldwell. Cronise, Dodd,
Ewing, Filson, Fin. Foust, Guiberson,
Hetrick, Higgins. Hostetter, Kingsbu-
ry. Miller. Myers, Mcfarland, McMa-
ken, O'Bannan, Reemelin, Roudebush,
Spear, Swartz, and Williams-30.
Nays-Messrs. Barnes, Barnet, Bean,
Bennett, Brown OF Wayne, Chandler,
Coombes, Cowen, Cutler, Dobbins,
Downing, Drake, GunckeI, Harris, Har-
vey, Henkle. Huntington. Johns, John
son. Kaler, Klrkum, Kimball, Lennon,
McCIoud, Mckinney, Noble, Oldfeld,
PAINE, Randall, Ridgway, Shaw. Skin
ner, Summers, Tallman, Vanmetre,
Woolsey, and Speaker-37
i So the motion was lost.
Here, as in the Senate, we find the
principles of the two parties tested by
/ their votes. Every member who vot.
ed to hold the directors and officers o.
banks liable for the debts of the bank
when it failed by its own mismanage'
ment, was democrat, and every mem
ber who voted to uphold bank scoun-
crelsm and swindling was coon.
At page 527 of the same journal, we
again find the individual liability ques-
zion tested:
Mr.. kingsbury moved further to a.
mend said bill by adding the following
as an additional section.
SEc.-.The stockholders of each ane
every bank doing bushes under this
act, shall be held liable, in their per son
al and individual capacity for all the
debts and liabilities, In proportion tt
the amount ofstock by them severally
held and owned.
! Upon which motion
Mr.. Kingsbury demanded the yeas
and nays, which were ordered and re-
sulted-yeas 20, nays SO, as follows:
Yeas-Messrs. Anderson. Ankeny
Archbold, Bell. Britton, Brown of Ham
ilton, Brown Of Perry, Caldwell, Cronise
Ewing, Filson, Finn, Foust. Guberson
Hetrick, Higgins, Hostet:er. Kingsbury
Miller, Myers. Mcfarland, McMaken
O'Banhan, Reemelin. Roudebush, Spear,
Swartz, and Williams-29.
Nays-Messrs. Barnes, Barnet, Bean
Bennett, Brown OF Wayne. Chandler
Coombs, Cowen, Cutler. Dobbins. Down
ing, Drake, Gunckol, Harris. Harvey
Henkle, Huntington, johnson. Kaller
Kirkum, KimbaIl, Lennon, Morris
McCloud, McElderry, Mckinney, No
) bio, Oldield. PAINE. Randall. Ridg
way, Skinner, Summers. Tallman
Vanmetre, Woolsey and Speaker-36.
i. So the motion was lost.
/, On this question, as on the other
), which we have given, whiggery, tru
to its instinct in favor of bankers vote
J, not to holding them liable, while ever
|, member who answered yea to the prop
v osition, was a democrat.
: Atpage 500, the following proceed
!, ings will be seen:
Mr.. Gurberson moved further to q
mend the bill, by adding the followin
, as an additional, section, to wit:
|: SEc.-Provided, however, that where
as it is believed, and well understoo'
: that very large majority Of the pee
Fl pie Of this State are in favor OF, an
: hold to, the doctrine of equal right
equal privileges and equal responsible
!. in all the business transactions ofmel
j.l =. l. L.as - Al. :