The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1854-12-09

in rendering a deposit Of 5000, 600 Of cor.
porate FAR STOCKS, Just double the amount
required by the law. There is an old say
ing that. Enough 10 ms good a. \ feast,
and II may be repeated Of this moonshne
deposit We entertain a high opinion Of
Mr.. Raymond personally and officially, and
we presume tina. he acted with proper mos
tives and in accordance with wha. he deem
ed his duty. But the improperly OF his
adjudging the question at all. under the
circumstances. must be apparent to every
impartial observer Ths, he was imposed
on we entertain no doubt. but fortunatcly
his decision is no, binding on the State
All honor is due to Governor Pease for his
straight forward and independent course in
the matter"
Here is an cxtrac, from the Huntsville
Presbyterian
owe will not express here any decisive
opinion as to the value Of the stocks Of the
above named company. the Sussex New
Jersey Iron Company, because we are
no, sufficiently posted up on the point but
we will say, that in looking over tho Bos-
ton prices current Of Stocks" in the Amer
ICfH hhuWNN HHts W pCts INpt, wv
find no such company named or referred
to, which is little singular, TO say the
least"
The Huntsville Item thus hits of Messrs.
Walker aud King
Why did they no, plank up the dimes
Every one knows how easy il is to get any
humbug stock up to par where an object
is to be gained Most of the free banks
are gotten up by fictitious stock, bought
aud sold for the express, purpose of eyns
ding the law, and we have no hesitation in
saving TIM, this Jersey stock is of the
same cslibrc. Unless the company sells
out to men OF capital. we have no idea that
the road will be built under the present ar
raneemen. The Jeremy Diddler modu,
operandi will gull no person. The stock
mas be accepted bu, there the matter
will end, unless more fortultous circum.
) stances happen, than are now in sight
The Nacogdoches Chronicle has an able
article on the subject, from which we make
An extract
The State OF TeNas would have been
wholly innocent OF any intention to defraud
the holders Of the Mechanics Bank OF
Memphis notes, had she accepted e20s..
600 of iis stock as security for the build
in, of 6Gv milo. of tho Pacific Railroad
bnt her innocence of AN intention to do
wrong. would have been poor excuse to
offer the law of Tennessee, which makes
her liable for the promises to pay, which
the directory may throw upon the market,
They. win only two thousand dollars al
stake. may flood .no country with notes
all of which innocent Texas mus, pay
while the scamps behind the scene. have
their oyster suppers and champagne upon
the profits,
The Civilian and the Galveston News
r,i,h, furnish additional extracts; but we
forboar. 1t i. sullicien, that the mos. in,
ilueutial and talented portion Of the press
Of the State ha. denounced the iinsnciers
If 4" world. vida cal.brity las ono If them
a..I,l,.no.,l, ,o,,,.d a,d .,.
"'' ''e" s'""''t 'N''"'''
,, - AL n.,a :.
down en- hessfs walker anu hl"g' ana
brings up the visions Of their late associates,
rovkles and Jaudon. Tho Shreveport,
c,a, Nectar, has ma co,edo,ce !, tho
"'""e'''e' ""'
The racine hhli'osn mas eohapseo'
Gov. fcasc ha'iag oficiaHy nouhen WIKI
or n Co, that the ?ro'ieted securities
were Insufficient.
h.