The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-01-05

UNITED STATES CIRCUIT CoURT-Hon. GEORGE
s. BRIAN presiding Judge.-The hearing Of the
of McCaEA and others us. The Bank Of
Charleston and others.
L.W. spratt, Esq, delivered his argument
which consumed the whole morning. He spoke
of the nature of banking institutions and their pc
cuiar liabilities, and quoted several cases that
bore upon the point in question. He proved that
stockholders, and as such, were liable for the
funds OF the bank and the creditors bill holders
were legally entitled to demand payment from
them. 1t was necessary, under these circumstan-
ces, that the Court should take the case in hand
and appoint parties who, as trustees, would pro-
perly dispose Of the fund on hand. twas notori-
ous that the bank was insolyent for the bills were
worth but twenty cents on the dollar when sold on
the street, and the stockholders did not consider
themselves responsible for the payment of their
bills.
Formerly the bank paid mon ey whom demanded;
and performed all Of it's legal functions; but it had
neys entrusted to it. It had practically violated tho
trust assumed, and there was little doubt that the
against it. he thought that tic officers were able
and just, but they had no authority to back them,
and he again demanded that the Court should take
position and take their orders from the Court
Much of the time was occupied in citing similar
cases and giving the authority for the decisions:
The further hearing OF the case Will be resumed
tomorrow.
TIE sogrHEES PoENs OF TIE WAR, collected and ar
Murphy Co., Publishers.
The Editor in the preface says: esBesides a
memorial volume, to preserve these songs, express
sive Of the hopes and triumphs and sorrows Of a
lost cause have another desgn-to mid by its salo
the education Of the daughters of our desolate
land TO ft a certain number for teachers, that
they may take to their homes and spread amongst
the Southern States the knowledge Of those accom-
plishments which else may be denied them."
It was our privilege and pleasure, during the
frh ha nSyofo
A true sister CT arity,-although she belong
ed to no religious Order. She was Chief Afatron at
one Of the divisions Of the Wndcr Hospital, near
Richmond, and here she had q fine field for the
exercise of her large hearted benevoleaco. "
It is quite in keeping with her character that as
fast as one task is finished .sho should enter upon
q new one. Her work, going about and doing good
now has brought her before the publicns the spon-
sos Of volume Of Southern War Poetry !; and we
hope our friends and readers will buy the book for
the sake Of the object its Editor has in view. This
much we say before having examined the table Of
contents even on looking over which we find many
ofour familiar acquantanees and some also, stran-
A.SWagener, Paul q. Hayne, Mrs. Farley VIM. D.
Porter, Mrs. C. A. Ball !. he Lonely Grave-For-
get, Never! and The Jacket Of Grey], Miss Marie
Iacoste, Henry TiInrod, W. Gilmore Sinnms M
NJ, DR.. Ford, and others. @4Hg .5t
The Southern Poems of the War will be ploas-
ing memorial Of the late unfortunate struggle and
should find its way to every household.
Mr.. G. F. Vogler, Of tho New Depot and Circu-
for sale. M @
Report u.
OF COAL WEIGHED AT THE PUBLIC SCALES, CALHOUN
STREET, FOB THE MONTH OF NovE>c=--:, Lees.
YIN; Johnson. ..tons....l4
r-. Report i.s s4