Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1860-12-02
'urfacs. The report Of the committee was &C

surface. The report Of the committee was &C
ceptsd.
The committee consisting Of Messrs Skilss
Benton and Porter. reported that they had
consulted humber Of the lsndholders 10 tha,
vicinity, and they were much pleased to learn
that they were all ready and willing to enter
into the enterprise with a determination to
carry it on to a successful completion. They
power to any company when properly organ
lied. The report was accepted
number 0! interesting speeches we're nov
made by several gentlemen present. Mr..
Budlong In the course OF his remarks made .
proposition that such's company might sink .
coal shsh At any time on his premises and oil
that he wanted was pro ortion of the profits
according to the number Of shares taken by
him in said company.
Mr.. Donahue followed In . very neat speech.
On motion Of Mr. Skies it was agreed that an v
per.on could become . member Of the compa-
ny by purchasing . given number Of shares,
the lumber to be decided hereafter.
On motion Of Mr.. Donshue it was agreed that
the par value OF the shares should be $40
On motion Of Mr.. Burnside it was agreed 10
ascertain how many persons would take shares
in the company aud how many shares each
man would take
subscription paper vas then drawn up,
and la Less than twenty minutes over one hun.
drsd shares was subscribed.
On motion of Mr.. Mounts . committee of
three was appointed 10 procure suitable SUBJ
seription books for the company. and also to
draft such bylsws a. the company shall need.
Msssrs. G. W. Bsksr. II. NJ G. Skile.. N. s.
Budlong and Mr.. Donshus were appointed
sUoh committee
On motion the meeting adjourned to con-
vens again next Friday evening at the same
place.
This company stsrts out with every prospect
of success and It now depends wholly Upon
the bssinsas qualifications Of those who have
the control Of its Affairs, whether they succeed
Or fail. We sincerely hope tn. y may succeed.
OUR CHARACTER ABROAD.-The fool
ish attempt made by certain Individuals Of
this city to express their dsspprovsl Of the
the coarse of the DxNoc..r in not coming out
ard personally abusing Messrs Cook 4 Sargent
for delaying their statement. is very gen orally
condemned. The Rockford Ness in speaking
of the failure and the course pursued, says:
"Ths German citizens seem ~ have been
particularly incensed, aud were circulating
petitions asking people to Withdraw their pat
rOna5e from the snewspapers-from the Gazette
and hKNocRAr. for their lukewarmness in not
dsnouncing the swndlers We can testify that
the latter paper hss borne ample testimony
against the delinquent bankers.
The Dubuque Herald, papsr which has
ever expressed decided hostility to everything
squirting towards vild cat. remarks:
Tho GermaLs and others Of the laboring
population in Davenport. are circulating an
agreement pledging the sgners to discontinue
TO patronize aud do ali they can to injure the
Gazette and the DaMoosAr newspapers of that
city, because il is alledged these pspers have
not condemned in sufficiently strong terms,
Cook Sargent. the wildcat Banaers Of tha,
city. who have 90 badly swinllsd and Oh stsd
the workingmsn by their Florence trash and
shutting down upon tie monies deposited by
hon q men. The DEAooRAr he's always been
opposed to the wild~cst stuff bu; the Gazette
has been ito defender, and the people there
should think Of this"
1t is still fresh in the memory of many that
few IL onths since the DsMocRAT was the best
abused papSr in this State And what vas al
this abuse for2 It was because We had the
Welfare Of the city end our citizens ct heart,
and vs therefore boldly opposed the circuls,
ton Of wildcat currency. We venture 20
say that msny Of the individuals whose names
are attached TO that protect regret now that
they did not thsn heed the good advice We
gave them, snd refuse to have anything to do
with the u.redssmsbls trash. They deserve
The praetiea! lesson they have received. and
70 trust it may prove profitable to them heres
After.
We have always held that the system of
vild>eat bsnbing is dangerous one and it
is only question Of time with those who are
foolish enough to engage in it They are as
sure to 60 to the devil. financially, US that the
sun rises and sets. That we are speaking the
naked truth" we think no cane person In
this community will gainsay.
We require no defence from outside journals
TO establish our position on the wildcat bank
ing question. 1t is we'll known in the West
f. e