Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1854-12-14


| asked him wba, he wished to dispose Of.
INV farm" said he. Knowing he had liv-
ed, may say. like gentleman, country
gentleman, riding always in good style,
dressing snd educating bis family well, en-
,er,sining literally, besides having family
of grandchildren on his hands TO support, al
though knew he was good farmer, and
an industrious man. and The hands of his
help-meet were swift to the dIstsff, still !
Thought .hs, with his farm Of bu, two hun
dred acres he must have go. behind, and put
him a question to learn if he meant TO
give il subiec, 10 sny membranes. "ln-
cumbrsnces," said he, "oh 90, sir, the good
farm has KEEP, herself clear /; not an acre OF
her soil" exclaimed the old man exullIng-
Iy, "is covered by any mans parchment
The farm has supported me snd my vile
for nearly half century, we have raised
our ten children on it, and il has been a
shelter and home to our grandchildren when
their parents were stricken down or overla-
ken by misfortune ! have i, now clear l."
leave to my children, with abou, S2,OOO, It's
surplus earnings, ou, al in'eresl'
THIS inciden. occurred early in my farm
ing life. 1t made strong impression on
my mind said after ibis II will trust to
my farm, | see i. will a. least supper! and
feed me and mine, will even lend j! the
last dollar can spare" Yes, We may trust
he land The banks and the rsIlr Dads, the
stock aud the scrip, may or may not paw US
back, but this nursing mother will iulhIl all
her promises, honor all drafts. You may
draw Oh her a, six months for your osi crop,
at nine months for your corn crop, and al
twelve months for your wheat, and If from
any great CALAMITY, ss the drought or the
food, she cannot always fully pay up on the
day, she will make handsome installment,
ask liIle lime, and then pay up to the last
fatlhlng, and if you have been generous to
her, may be she will make YOU handsome
presen, besides.
There is another strong argument in Ia
vor of an investment in real estate.
The value Of fund depends upon its
Iperpe,ui,y continuance Of its existence
A man seeks TO earn whs. will support and
serve him and his pos.erly. He would de-
sire to have the estate or property descend,
as we'll as his name. to his lineage, to his
children, grandchildren, and grea, grand
children, for generations. This is The object
of his toll What then is The safest fund IN
which to invest in this country? What l.
The only fund that the experience OF the last
| iftv wears has shown, ~iih very few tXcep-
,ions, would not he quite unsafe pro-
vision for heirs !? Suppose the mos, pru-
dent man in The country. tiltv wears ago,
had assumed trust 10 him aud his heirs OF
fifly thousand d"lIar>, To be kept invested
~ stocks cf any Description, for fifty years.
,he trustee and his heirs. al The expiration
Of the trust, to account for the iund. Can
any one doubt that the chances are ninety
nlne in hundred that this fund would have
been lost. and the trustee and his family
ruined: Or, if like proposition WAS 1" be
made TO a responsible trustee now, with .
handsome commission for the risk, a pfu.
dent man would probably decline lhe trust
and avoid the responsibility. Yet many are
time to manage This desc, ption Of property
for themselves, and they may, with good
luck, be equal 10 The task. But the qnes-
lion still occurs: Wha, is the probable
duration Of such fund in families? What
is The safety of the fund itself invested IN the
current stock Of the county, and next, what
is The safety Of so available, tangible trans
mutable fund in the hands Of heirs? There
are no statistics ,hs, am sware Of, chow
ing the probable continuance Of estates in
land in families, snd estates in personal pro-
perry, such as stocks. Bn, The remark of
a gentleman connected with large bank
ing institution shows practically bow II
works He observed that be had noticed
thai an heir was no sooner left stock in the
bank than The frs, thing he generally did
was to sell and transfer it, and j! was often
the frs. notice they bad Of The decease Of
the former holder.
Real eslale-land in prefercnce-or Q
fund secured by real estate, is unquesliona-
blv no, only the hghes. security, but in the
hands of the heirs j, is The only one likely
to serve single generation. Hence the
wisdom of the common law, ,ha, neither
permits The guardian 10 sell the lands OF
his ward, or even The court, in its discretion,
TO grant .he authority for their sale, bu,
only upon good and sufficient grounds
shown, as q necessity for raising fund for
the education and support of the ward.-
Even Lord Chancellor can only touch SO
sacred fund for this or similar reasons
And the common law is wise on this sub
Ijeci as mos, others. Ii is The experience
and observation of mankind that such fund
is the safest, and hence The provision of the
law.
Those who acquire personal property
then, acquire only wha. will las. about q
generation, longer or shorter; i, perishes
" passes sway, and is gone. There is un.
doubedly more permanancy in real estate
!, is not go easily transferred /, it is not So
secretly transferred The law has lis eere.