The Sumter banner. [volume] (Sumterville, S.C.) 1846-1855, 1850-01-16
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The people of Vtlmfngt ton are Iasa aiing
strenuous e1deayers 20 raise the baianceS Sof
the stock necessary 10 secure the subhctipt
ton Of $500, 600 10 Be paid BY this fstatp.---
I On tho Iss inst,a meeting Of The citizens Of
tho town was held, and ! plan proposed, that
The commissioner of Tho pledge themselves
to make q subscription of 8 100000 to the
Stock of the Road; that they also pledge
themselves 10 petition the Legislature of the
State of North Carolina. (ifto legalisc such
subscription ii be necessary to pass an act
making such subscription valid, and auihoris.
ing the said Commissioners of the town Of
Wilmington to issue Bonds Of the town to
the amount of 100000, payable at such
time, not short OF 10 or more than 20 years,
M the said Commissioners may recommend.
That said subscription shall not be payable
until Jan. lst 1851, and that the company
shall enter into satisfactory covenant with
them 10 pay the interest semi-annuaIly; on
the first days Of January and July Of each
year. 1 a
The Commissioners were consulted Oil the
subject and though thoy would not enter into
positive pledges of any kind, yet the sum
was subscribed.
IHE BANK OF THE STATE--The follow
ing pithy anecdotc is related by the Pendlc.
ton Messenger, and is worthy of especial
note, displaying as it does the modus ope, anli
Of the opponents of this institution:
Some rich things occur in the discussion
OF the Bank, which is now the topic of gen.
eral conversation. We chanced TO hear an
amusing conversation the other day, between
d:3unct member Of the Legislature, and a
hard listed, but sensible old farmer The
Legislator after discoursing to him Of the
wonderfully corrup,ing influences of the
Bank, though lie would clinch the matter by
telling him til II thirty individuals had actual.
" borrowed seven hundred thousand dollars
of the peoples money. yes (said the ma
ker OF laws with elevated brow and dilatcd
pupIs,) the officers and directors of the
Bank have taken possession of this large
amount ;" "lndeed," (grunted the old
farmcr) "but is the debt safe, have they given
good securityT' AYES" was the rep!y.-
"Well, was not the money pu, there to be
loaned; II no body else wants it, and they take
it and use it and pay the interest to the State,
do not sec much harm in that, but if il ia
wrong to have directors who borrow so LARGE
~, whose fault is it! Don't the Legislature
elect these men, and is it right for tho men,
bcrs TO blame the Bank for their o,*n neglect
oil duty but after all, if The money was not
loaned out, and The Bank failed 10 maxi. mo.
ney, would you no, say it ought to be wound
up because 1t was an unprotitab.e concern"
Inc Legislator saw man acruss The square
with whom he had business, and LEFT. The
old farmer, after rolling his tobacco over.
shook his head and said, "No, no, there ;s
something wrong in this, the Bank has been
faithful agent Of the people for thirty.six
years and paid our debts and c:.en US rood
money, | viii GO and have talk with ,.thc
'Sfurc" about this matter, and off he march.
cd.
Extract from a letter fran Charleston.
= have been staying for the las,
week at the "American Hotel" and cannot al.
low the opportunity OF saying few words in
lis praise to pass. find il an excellent ho-
tel. the urbanity of its proprietor Col. HoKE,
and his assistant MFR. KINo have made them
many friends and their ceaseless endeavors
to render their guests comfortable, has al
ready made the American popular house
cheerfuIy commend the establishment to the
patronage Of Sumter people.
u. Mr.. l. A. GopEy, the editor of the
Lady's Book, has sent us his facsimile, in
the shape OF very neat line engraving,
which represents him. as Mrs. PARTING roN
would say 'speakingly.' 1t is to decorate the
forthcoming February number Of the "Book,"
in which, we understand, w. GILMORE
SIMMs' new novel will be commenced.
u Among the arrivals last week in
Charleston, we noticed The names of Mr. Mrs
aid Mss DAvESPoRr--.;he latter, the celebra.
ted actress, undoubtedly the Siddons OF the
present age. In her profession she stands
unrivalled. After the Gui,'ment Of her New
Orleans engagement, we trust she viii favor
the Charlestonians with display OF her pow
crs.
DESERVED CoMrLIMENT.-Thc Board OF
of Aldermen Of the city OF New York have vo.
ted the freedom OF the city in gold box, 20
Captain Cooke, Of English bark Sarah, for
his humane efforts in saving the lives of four
hundred emigrants, on board the Caleb Grim
shaw, destroyed by fire. He made great sac.
rificcs OF interest in that great act OF benevo-
lencc, for which we hope all the merchants
and all that city. will amply repay him when
he arrives here with his ship and passengers
Too much cannot be done for such a person
and such an act.
FEaNKfNC PRIvIIEGE-Thc posmas,er