Ypsilanti sentinel. [volume] (Ypsilanti, Washtenaw Co., Mich.) 1843-1900, 1846-01-14

ercised In others simpli6caon of the proceedings
obtain judicial forfeiture would secure their speedy
determination
My own clear conviction of the lnexpedency OF al /
lowing charters for whatever purpose grained. to
tinue force for years after the obi ect of the object OF
the association is abandoned by those who obtain them
or forfeiture has been incurred, induce to press
this matter upon your serious attention. We have al
ready often Witnessed the resusctati on OF corpo
rations which had long ceased do business and yet
have been evived greatly to the public detrment. Up
subject has public opinion been more progressive
than upon that OF corporate powers anc privileges
Every instance OF the peverson OF these powers every
failure such corporation meet Its pecuniary abi-
ties and every instance in which powers thus granted
have nfrnged upon individual rights has taught'us les
of caution. The sad experience of the last twenty
years has surprised the most ardent advocates OF such
institutions, and given the American people knowedg
upon the subject which has wrought wonderful change
| in public sentiment. He would little deserve the name
of patriot, who having the public interest committed
10 his charge should fail profit by the light thus shed
upon his PATH The various safeguards once deemed
ample the people from loss. have proved to be
totally insufficient for that purpose. Check after check
has been tried, and still limitations and rest ricons
are found necessary. 1t is then obviously important
TO leave upon the book. obsolete grant of
special privileges, which may be assumed by individ
uas pleasure to the manifest danger of the commu
nifty.
The experience of Michigan has been such in refer
ence to banking interpretations render 1t doubtful
at least, whether the public good be subserved by
attempt under the fostering protection of Legislative
enactmens TO create paper substitute Tor gold and
silver currency, the banking business the prvle,
ges of special charter. The ruinous evils produced
by Inflated and changeabe currency undenable.
OF the sixyseven banks and banking associations IN
operation since State ganiZafion, with but sim
gle exception, have continued in constant opera
ton and with untarnsheG credit. Most OF them have
become bankrupt their have passed TO the hands
OF receivers, their chartered rights have become for
feed and their paper 10 vast amount has proved val
ueless in the hands OF our citizens. These circum
stances. still fresh in memory, afford little induce.
ment again to embark in the hazardous experiment.
They should at least admonish to peculiar caution
in listening TO any application having for its object the
granting of such privileges.
In connection with this subject, would also call
your attention the fact that under the present law
any individual creditors stakeholder, may file bill
inc hancery against corporation for violation OF It's
charter with view to obtain decree of forfeure.-
These proceedings by individuals usually instituted
for the purpose of obtaining satisfaction for pri-
claim, and may be discontinued the pleasure
, the complainant. l would respectfully suggest that
such proceedings, having for their object decree o
forfeiture should be commenced the suit of the Atty
General only; least, when commenced by q pri.
individual, that notice should be given that off
icer, and disconnuance should be had without h
e appreciation,
Of the Penitentidry.
During the past year thrty-seven convicts hav,
\
Il been dschargcd four, escaped and one deceased
The whole number of prisoners at present is on
hundred and nineteen. There has been drawn, from
the sury during the year, for the support of con
vlcts, and for the salaries of the officers, the
thirteen thousand one hundred and thrty-three dol
: lars and twenty-one cents. There have also bee
expended for the same purpose, sums receive
from contractors and others for the convict labor
repeatedly the agent amounting to six thousand min
hundred and twenty-five dollars and seventy cents
Total expenditures, twenty thousand and fifty -fv
e dollars and ninety cents. The receipts from thi
~ source have been as follows, viz:-Received froI
contractors and others for convict labor six thou
sand nine hundred and twenty-five dollars and sey
e enty cents value of labor of prisoners on the wal
and buildings, estimated by the agent. four thou
sand four hundred and twenty-five dollars and thirty
e seven CENTS making the whole of receipts eleve
e thousand three hundred and forty Eight dollars
seven cents. The excess of expenditure incom
Is thus shown to be eight thousand seven hundre
= and seven dollars and eighty four-cents III
h, prison wall has been completed within the past ye
and the basement story of the centre building of II
y main prison has been erected according to the pla
ir heretofore adopted. 1t is expected that this bull
IS ing will be nearly completed during the present ye
and that little further expenditure the prison bull
If ings will be required for several years.
X Ofhe Militia
E. The annual reports of the Adiutant General al
quarter master General, herewith transmitted.
is The total number of men enrolled in the Militia
re Michigan, including, officers, privates and musician
ct Is sixty thousand nine hundred and five The quot
OF arms apporoned to the State for the past We;
by the past year, by the Federal Government
ing In value to seven thous and nine hundred and
r ty dollars, has been received. The apportionmen
rt OF former years from the source to the amou
D. OF thirty thousand dollars in value have been dstr
nix uted according to law, among the volunteer comp
X MES of the State. Some further provisions for {
w safe keeping and preservation of the furnish
be by the United States and for the return of those
eady dis trlbuted, may be found necessary.
=, The enactments in providing for the orga
az ization and discipline of the Militia, are believed
vi be so. The provision which requires of the rank a
en- en- file of the Militia the duties of general muster
nc trainings, while imposing heavy tax is believed
lead to the acquisition of little no military skill.
Many of the States have already abolished the sy
Oh TEN.
The principle objects to be obtained by legislati
Us on this subject appears to to be first, to secu
Is. the enrolment of every person NTH State liable
ad do military duty; secondly, to impose the least pc
slbly duty In time of peace the persons enrolle
~ thirdly, to provide system by which they may
10, armed and equipped and called out for discipline
W service in of necessity: and fourthy, to
y. age by liberal and judcious provisions of law, the
ganlzation and discipline of volunteer companies.
ed by system embracing these simple Objects it is
Is eved an efficient organization may be establish
or one which shall be in strict accordance with
an peaceful habits, and at the same time securing