The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1869-02-24

81 ~, P"'9aSI VI |nc oaVanhah
"nu oh'rieseoh ieallroad Dill, ana It's
ProlhP1 approval by the Goyernoryls
nv" 0ohnoeheiy anticipated by the
,rioioS oi that important measure.
Gono oi '!e opJections urged by the
o1,'rhof IN inc case OF the Grcen-
v,lic ana H0lnmpl4 haliroad Dill ap-
Piy 70 'hiS Dill. indeed, Its Leading
loaIuieS .,t are sald TO nave originated
WIN INC governor himself. Inc tol-
Io"ihS ~ 10 the oPihlon OF Attorney
Tno''i 20, 0ialiperlalh III regard 70 the
''ii
OFFICE OF THE ArroRNEY.GEN.
CoLuMB.A, s. c., Feb, 6, 1850,
!, r,. -,
H. d. EthoH, CHAIRMAN COMMITTEE
on RaHroadS, House Of Representa-
lives:
H.. =,
., ,i,,lh;, hnN o.h haVe Tue nonof TO
anas ~ opinicn' 20 1a'ie9 lor ny
H. loEe @ " 49, ''Ss'oti c'.t u .nG ou instant
~ ~ looo 'ho o'ate authorized the
nc w. ono.ai nt 20 ohuofse the
10 Chsrlostom WV ,ny "'e upon I'nus u ul
w." Wv, a ~a',oo os.on s''u oNSannali oNS'.L'!' mali
lo"y Do..p"ay W az ""'"ohV not eS-
Gm''H M, ,,,;.S H. s""u ,:1 uol'ois per iulie'
:, W. W." s.'''o'. VI .n. "I' p'oV,"GS IS
"". 10 Soo" % "'} s"o', oonuS S,'"il
% .I,'n ~ ""o. SI"' DO "lo'os",u' 'heS
@ s.nn,. '.,E om1 me' "PoL' 'oau 9eo ana
,Lo c,n,, 81 lc,,,L US.n,;, ,mr % "i'
ns va,,oa v,;,,' sn;l ~ o.'"" Sn"'. % t.'- c
'hn n novn,on. ~ ~ .n;I lI ho,, ~ "'o.;"s 'of
oat o"t f", icr"on ",' VI '"'o oo"'S' VIII" 'n'er-
I Tha w., r j.,
nGsd v;,,, ,ha l>onav ~ II ~, w.. oo'n-
;,snad III ,l'n 'Io oo'''p"iy
ondorsod ,heroo1n m WV ''''e' - '"' '0'''e
Srh,nnnan,I. IT,,
o,Lon l'oII S,"., v"o .o"'r""y 'sS''o
TOD Grs, n,or,'o ~ w " Ia"1 ''..," t:. !, 'Neo".
,In. H. .aro,,j ~; u'', "''''' was
""n sm. 'I.y'" w ,,' ''o'. y" '"e io'o ana
aa:, - ,,r,i PIoc, a.,
;ss,n5 n,L,r ha,:1, - wv ,J'"p'ny
~ ano',,J U1',n wom, "''u u Se."'eu ,ne'n py
,h;r1 ran 'O' So '1e'' ~ 'o''''y '"e
f., Tnh.. " ,oo4 -, ,u ;,
,rdor ,ln Grs; ."I I, J0tIu''o,l'e's t1
,ho;r mnr,oaro anl eJI N.Y." u; 'une.'oseu
r, wos ,nsn,o .aI III ~. 'i'" ,i'o,. p''pe',y.
fire rn ,laoI y n.n' UG"0"U,ur'S ,. % uhue'
nnn,,I, - ;Sn,t, o"@ w, ""' s'oSc
and CLorlnY,n, p,Iraol C,. ~" "''''"''
T l. :. ass,,aIo,, ,,,' ,I', ''u ,i' ,o'''l'any'
f,roc,o.rrn roro ra,,,I no p'1I'"ss' I1I -,
,bot ~, nro,,nr s;,'," ".,N l,s"'' "'''
Ir ,t;. on,a. ''.' =, WY '''''uI' -,
,,l ,,rr,lL,,o ~
l,stor R,;lrood r,n,n,,,,. 'n ,nlI. ',',t =, S""'
49,, c H., ~, ,n'l''y '1'N '''' prop
Ro;lro,a Cnmmonv frna r."n,.n @ iJ"r"'l'"'' ,;a,l ~
;ncnmhrannns oo,, H. ''o" "u as'' VI
nr nr,anmo - rS ~ e, Wv '."'".o'y nei, !,
,u,;ns ;,s r,,,ram,no M S oF ,,o ~ ,o"I s'I"'o II
oTha ca,n'.i n''' IVY " C;,, l"o 'U''''' d, :,
roDd Cay'n""m In la" "n" a;n o""''oSt". N"''. an,
Legislature For norm;,s;om 1l ';;nuu ;s.o @ tno
honds for ,hn o,,nn,a,;mn " " ,I' IVY
and for ,Lo nos, ,,or,.n,o", ~, Nv ~" o,",' ro"''
Of ns s,otu,orv I;cn om ,ho ~ r,,d t"o Ply, ,h
he same sh,lI wori, i" hnr"ano sa 'o"u, 80 'na' M
,nl IT,, ~ GO, 40 = seo'
The question submitted 70 ma f,r co,
sderation IS: Can tho S,ntr loaaI,,
eject such DOStDOnnmcnt Of IL lion
without the assent Of the narucs hold;no
the bonds Guaranteed bv th4 S,o,n3
The statutory lie, wh;ch tho e,o,o
holds is its idcmujtv oooinst tho T,bil;tv =
incurred. The contract Of i1cmn;tv
is the bond made between ,hc e,t,tc-,ho
surety and the debtor-tbc cornoro,,on .
and It is clear that those who aro cnm
petent to make n contract orc comnetrnt
by mu,ua] consent. 70 oltor ~ varr tho
terms of if
Conccdipo the em;ioble doctr;ne
which allows the creditor to Ia snhrona.
ted to, and to avail himsclf of al ,Lo
securities held bv the snretv (Doarno q
vs.. Earl Of \Yincbelsc, Iao6;no Cosns
in Equity, 81; Wright VS. Marlev ~
Wesev, 2l) the doctrine o,ns NO E,r,ho,
than to en,,tlo tho crol;tcr ~ ,ho hnna
fit Of the securities whose snrctv ho
holds tt 10 an oou;,v ,,ro,,,; ~. ~
parties, not right derived from con.
tract.
R,t tho oo,t,oo, e.. ;,,>,>:,
con,r,ct hot monn ~ ,sa, y d
.''N .'''~'J "ho Iiic