Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1861-02-14

VI IIIO UUUs IIhI.
W II MINGT0H Enh llfh 1870


Pursuant to caT meeting Of the Merchants, I raiders
and Citizens generally, assembled at the Town Hall on
Saturday night last take into consideration the Bill
for the Relief Of the People, usually known the Stay
Law :" when on motion of Walker Meares, His Honor
John Dawson, the Mayor of the Town, was called to
the Chair, and on motion of J. P. Robinson, Esq,
Walker Meares requested to act as Secretary.
The Chairman upon taking his seat briefly explained
the object of the meeting; when motion of o s..
Baldwin Committee Unsupported to draft Resolu-
tOns. The Committee composed Of Messrs. 0. S.
Baldwin, James Anderson, G. r, French, j. P. Robin
son, w. A. Gwyer.
After brief interval the Committee through the
Chairman, O. S. Baldwin reported the following pre-
amble and esolutions:
WHEREAS The bill the delay Of the collection of debts
in this State, usually known Stay Law" has passed
the Senate in Legislature in session, Therefore,
we, mel chants and dealers and citizens of Wilmington,
without distinction of party or calling, do hereby
Resoue, That In opinion the credit of the State of
entitled to, envabe place in the financial world will be
seriously injured and the State be affected in her material
interests and receive check to her general
perity by the passage of said law.
Res0Ioed That such law will tend to dstrust,
destroy confidence, and materially nure credit at home
and abroad.
ResOEued That in opinion the present exgencies
the times do not demand such law and both debtor and
creditor will be materially injured by such Legsatiy inter-
ference with existing laws of trade.
Resoued That in the opinion of this meeting, such law
would be equally detrimental to the merchant trader
and tend materially to the injury of eUey class Of
ens indeed it is regarded by us SIS more akin to repuda
ton, which North Carolina will never sanction whatever
may be her trials!
ReSoEued finally That entertaining these views we ear.
nesty members the House Commons to
of this BILL and do sincerely that good
and honest impulses of the Representatives of the
people in the House of Commons, will prompt them to de-
feat bill aught with such evils and glarngy opposed
(hough not technically to the obligations of
On motion of W. T. j. Vann ESQ.,, the resolutions
were adopted without dissenting voice.
The meeting was then entertained with remarks from
Messrs French. Gwyer and Baldwin, showing the true
tendency of the "Stay Law and the injury that must
be inflicted upon our community by its passage
| On motion of Mr.. 0. S. Baldwin, committee was
appointed to proceed to Raleigh and lay before our Re
representatives. the proceedings of this meeting The
Chair announced the following gentlemen to compose
said committee, viz: Messrs J. B. Blossom, T. G.
Worth, e. r. French, R. s. Cowan, NJ. London, O. P.
Meares.
On motion, the Chairman added to the committee.
On motion, of w. T. J. Vann, Esq, the Secretary
was requested to enclose copy OF the proceedings of
this meeting to each of our Representatives in the House
of Commons with the request that they lend their best
endeavors to defeat the DILL.
On motion of j. L. Hathaway, Esq, the Secretary
was requested to hand each of editors a COPY of
these proceedings with the request that they publish
them.
The meeting then adjourned.
JOHN DAWSON, Chairman.
WALKER MEAREs, Secretary.