Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1845-08-30

lars from the banks--who have passed II
a, par among the COMMUNICATIVE have
purchased large amounts Of property with
I,-who dress in purple and line linen,
and fare sumptuously every day"-who
are now calling upon the people Of Mis-
sissippi to REPEAL la'c that IS compelling
them to disgOrge a portion Of their iH-got
lien gains! We have yet too high an OPT
MON Of the standard Of morals in Mis-
sissippi to believe that such principle
can ever obtain aVermAnent Foothold.
Although not disposed to question the
honesty or morality Of any man'in favor
of the Original Bris.oe Bill" yet we
think it would be we'll enough to regard
such a one with az eye Of suspicion -
The reputation Of our State Debts ha,
sunk US 70 depth of degradation never
before reached by any civilized commu
nifty. But there is still a lower deep"
Are the people o! Mississippi anxious to
reach it! If they are, let them enact the
Original Briscoe Bill'' into law, and
their desires will be fully accomplished :.
But we are no. yet prepared to believe
that the people Of Mississippi ever will
sanction the reputation Of private con-
tracts. We think that they are getting
sick Of State Repuda,ion,--as leas. wea'
ry Of the merited odium i. has brought
upon them; and, were it no, for a
few dshones. demagogues, whose balelul
influence is passing away like the miss
Of morning, that justice and truth would
shortly be our political polar stars, and
that our gallant ship Of state would be
once more safely anchored in the impreg-
nable haven Of honesty.
The original bill and amendments, here
follow:
An act to prescribe the mode OF proceed.
ing agalns, incorporated banks, for
violation OF their corporate franchise 8,
and against persons pretending to ex
ercise corporate privileges, under acts
Of incorporation, and for other purposes,
Section l. Be it enacted by the Legisla.
ture of the State of Mississippi, That it
shall be the duty Of each and every dis
trct attorney in this State, whenever he
shall have reason to believe, or whenever
the atfidavlt oil one or more credltable per-
son or persons shall be presented 10 him,
stating that he or they have good reason
to believe, and do verify believe that any
incorporated bank, located within his dis
trct has been guilty Of violation Of any
OF the provisions OF its charter or has
done or omitted TO do any act or acts,
the doing or omission Of which would in
law work a forfeiture Of its charter, or
is commanded or prohibited by its
charter, or any statute Of the state in re-
alion to banks, forthwith TO file bill in
The clerks office Of the circuit court oil
the county in which such bank shall be To-
Gated an Information in the nature of a
quo ,oaryanto against such bank, upon the
filing OF which information, it shall be.
and is hereby made the duty Of the clerk
Of such court to issue the proper process
against such bank, rcturnable to the term
Of the circuit court aforesaid, next sue.
ceeding the day on which such informa.
tion shall be filed.
Sec. g. That it shall be tho duty OF
each and every district attorney in this
state, whenever he shall have reason to
believe, or whenever the affidavit OF one
or more credilable person or persons shall
DO presented to him, stating that ne or
they have good reason to believe and do
verify believe, that any corporation, per-
son or persons are exercising, using and
enjoying within the district Of such dis
trict attorney, without legal warrant and
Authority, the franchise OF being bank
ing corporation, forthwith to file in the
clerks Office Of the circuit court of the coun,
lily in which such franchise shall DO exer
csed, used and enjoyed, an information in
The nature Of quo Udrrdnto, agains: the
corporation, person or persons aforesaid,
upon the filing Of which information it
shall be, and is hereby made the duty Of
the clerk Of said court, to issue the proper
process against such corporation, person
or persons, returnable TO the term of the
circuit court aforesaid next succeeding the
day on which such information shall be-
filed. ...--
Sec. 3. That when process shall be is.
sued against any bank upon information
filed under the provisions Of this act, the
same shall be served by the sheriff or
other proper officer, who shall execute the
same by delivering copy thereof to the
president, cashier. or secretary of such
bank, or If there be no such president,
cashier, or secretary, or if the sheriff or
other officer is unable to find them, then
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