The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1867-03-07
lHE NEEEIT CLARION
A Good EIeasure security for tl.e
CaPitalist-Relief for the
EDFnmfev. 81 sasf

A Good NIeasure security for the
CaPitalist-Relief for the i
Planter. q @
1t is MOTTO be supposed that coun
try whose industrial system has been
destroyed, and which has been torn
and tiesolated by all the furies that fol-
low in the footsteps of war, can read
lily command the capital whereby to
build upon q new foundation snd re-
store its prosperity. Money is pro-
verbally cautious. Even If it were
not, it would be strange if it should
readily seek employment in commp-
mites which offer the feeble safeguards
that have existed in the Southern
States since the close of the war.
The Legislature Of Mississippi, at
its last session, was wisely prompted
by this consideration in the passage OF
law (which has been published in
these columns, and to which, in view
of its Importance, we would again di-
rect special attention,) entitled can
act for the encouragement of agricul-
ture."
The first section of the act provides
that all debts hereafter contracted for
advances of money, purchase of sup
plies, farming utensils, working stock,
or other things necessary for the Gull
tivation of farm or plantation, shall
constitute a PRIOR LIEN upon the
products of such farm or plantation,
which are not by law exempt from
sale by virtue of execution; and also
upon the animals, implements, &C., en-
ployed in eultiyating the same, which
shall have been purchased with the
money so advanced. sssxo1
The second section provides that
whenever any owner or lessee of a
plantation shall make any contract
with laborers for its cultivation, for a
share of the crop, and shall make adj
vances Of money, provisions, or
clothing, the said owner or lessee
shall have lien on the said share for
the payment of his advances.
The third section provides that all
contracts under this act shall be filed
in the Office of the Clerk of the Circuit
Court of the county in which the
plantation is situated tE9k7e
The fourth section provides that
proceedings to enforce such lien shall
be by bill in Chancery; and they shall
be commenced within six months after
the debt becomes due.
The fifth section provides that on
the filing of the bill, the Clerk shall is
sue a writ of sequestration command
ing the proper officer to take into his
possession the property liable to seiz-
ure, and hold it until the further Or
der of the Court, or until the defend
ant shall enter into bond to have the
property forthcoming to abide its de-
cree. The bond shall be returned with
the writs, and in case the property
shall not be forthcoming, it shall have
the effect of judgment. If the bond
be not given in twenty days after
levy, the Court shall order the sale
of the property, for cash, or place it
in the hands Of a receiver for just and
equitable disposition. .ja-2 f5 (
Section sixth prohibits the levying
on, ortselling by virtue of an execu-
ton or other process, any crop of cot
ton, corn, &c, while the same is under
cultivation and before it is matured
but does not prevent an attachment
for rent against nonresident or alb
sconding debtor, from being levied on
the said crop.
Section seven provides that it shall
be lawful to convey by way of mort
gage or deed of trust any agricultural
product within fifteen months from
the date Of such mortgage-such
mortgage, however, shall not interfere
with any previous lien created by yir-
tue of this act. F9n d.
Such are the main features Of the
law, It will be seen that it affords
ample security to the capitalist who
may desire profitable investment for
his money. The remedy is prompt,
simple and effective, in case the Dor
rover fails to discharge his obligation.
Capitalists heretofore have been de-
tered from affording to planters the
necessary facilities for making crops,
apprehensive that they would be
seized as soon as gathered, to satisfy
former judgments; but the first Sec
ton of the act creating a PRIOR Lien in
their favor obviates this difficulty.
To the producer, the law cannot fail
to prove beneficial. 1t is nothing but
just that he who furnishes the accom-
requisite for the raising of