Spirit of the times. [volume] (Ironton, Ohio) 1853-1858, 1854-06-27

reasonable tllne.
observations" in the recorded towr
plat Of lronton arc now talked Of b,
certain Of the Repealers.
Allow that the observations" spoksr
OF are ten fold more opIous than the.
possibly can be, yet-pray tell wha
connection these reservations" have
with the repeal OF the charter Of the o
|. & G. Co.? The company without an,
charter could have m ade the same ere
servations," and the repeal Of the char
ter will not, in the least, ,,invalidatc thes,
reservations"
We clip the above from the Registe
Of last week. The question is ed wha
connection these observations. have
with the repeal Of the charter Of The o
|. G. Co. We answer, that they vii
have but very little connection with the
charter after it is repealed d-lheir pre-
sent connection with the charter is,tha
they derive oil their force from the assam
cd powers of the corporation. The O. l.
& c. Co. has done several things, thai
seem to have no apparent connection
with its charter. But says the Register
"thc Company without any charter
could have made the same reserva
tions," that, is undoubtedly true, ,--inI.
viduals, and corporations sometimes
through avarice or lust Of power per.
form acts that are oppressive, illegal,
and void. Again, the learned editor,
decides grave question Of law, and
says "the repeal Of the charter will not
in the least invalidate these reserva.
tons" This certainly is a most sage
legal conclusion. and we suppose the
question is settled; however, we, for the
sake of getting more light on this ques.
tion Of low, will ask the learned Editor
10 inform US, what powers remain to a
corporation, after its charter expires,
either by repeal or otherwise, and in
whom the surviving powers ara vested?
What acts it can perform in its corpor.
ate capacity, after its civil deaIh? as for
example, suppose Rolling Mill to be
built in East lronton, and the Mill Co.
should wish to extend a Ruilroad TO
heir Iron Works, up through Third ST.,
would the o. |. & C.. Co. after its char.
er is dissolved, have the privilege of
lisposing of this reserced right Of vay?
We shall expect the Register to answer
ip square, on these questions, for they
IRE OF practical import, and its silence
We shall conslrue into an acknowledge.
nent that no such rights, can survive;
wen If they exist now.
When the question Of Repeal was be.
ore the Legislature. the Register oppos.
d the measure, because it would abro.
ale the restrictions, and reserva tions.
What its position is now, on the ques.
ion seems to be somewhat doubtful. Be.
ore the next meeting OF the General As.
emily, VIC shall expect to see that pa. !
er denying that it ever opposed Repeal.
1t is stated that Cen. Wm.O O Butler, Of,
~. has been appointed by the Presi.
ent, Governor OF Nebraska, and that
iov. Wright. Of Indiana, has been ap.
ointed Governor of Kansas.
President Pierce seems to possess the
aculty Of getting prominent and distin
uished men into small Offices.
We understand that Gov. Wood is a.
out to. resign hi. Office as Consul at I
'alpairizo.
No appointments Of Judges and Mar.
halls lor these new territories have ysl
cen announced. It is said however,
'at over 800 applications had been
lade far appointments to Office in the
bove territories. .e.s..-5
Celebration Of the FOarfh.