, 1870-11-07

fEpGftEss OF THE GRAND 1SQCkSr.
The G1a.d Jury returned lnto court forty-thrte
and then RdluuIned Over until
"Wednesday. Tue statistics Of crime involved In
the tue btits are u f.sowb: Violation VI Internal
revenue l1Hs, u couuleffeItiag, 10: vlIation of
rrsl O.1te Law, " cutting n4tl ba4s, enltezzaag
!cttcls, et<, " 11tKesy. 3: huJiug atmy clotuluX,
! !; trau1 IN. tht UA.ktupt lag. l.
NEW sCtyS-CAS5ASKaKuGs NOTE NAKKK3-
Carol Gsstcs, aAs!saee III bsAArutscy OF the
Mercantile ANNUAL ftts 1nsuIutcE C1Mpsay, :.
Bent.,l,n F: Cna,s aud DAVID T. Walker
3u1n- '. Jncup uelbark.
*stle =. G-u' &c II anacln.
Same '. T11m4s ECAztuI
>Anle :. Frederick kuuht
SaMe :. Juhn Z. LawtrGce.
Tit uis.ye SUITS are introductory TO some hum
dttd Ut Il ilar e1e-, ~ be prosecuted on beaAlf
ut the en- dtturs Of the late Aercauue Mutual Fire
fusutaEc+ cump4ny. OF Chicago, pAlkrupt The
Lb1r.t tO r. A4zc uI'u tie p1enlut1 noss tssaeu
10 tn ctmpau3 ~ LIZ M mbers~ Each ug these
nutts. TO- Value rtceise, Promises, tor tsa p4yvr,
to p.J to the Company, ar it5 Treasurer, i0f tue
rttnr being, sum specified, IN SUCH purtlops AMI
At such Z Of uNce rs the directors Vt the cum
trqu,le. Tbs charter proyiaes that default 10 any
one patmeht 70 f-lul u upon s1cl notes render
the lote due fof tue 1uli sum named On Its face.
Al the utCtmber Term, lsd9. nine or ten cases,
.!rfral Ut parties coutt Sing ih+ir Outs 10 pay.
Eye'E cnuc.iya lt objection at law was Raised IN
t1ose casst. aid upon ali essential points the
jut!xmeat Of the Cuust WIZ In favor OF the as
il vas, among other th.nRs. objected that the
mites sxe not pf,uIisAutJ notes. because they an.
unttr1atn a. u the p2yce, aud a. " the time Of
payment, ant, ssen III !etauon 70 the tast of paJ-
Mlent at all It MS held by the Court {DFu4l.
n.unts} that It IS !n4matefA whether The n0tes are
sechllcalty promissory uotes OF not: the question
III whether the declaration il sun1ce1E It xyesr!ng
that tie D cct"Fs cid rsqutte portion to be paid
At the tune 18ci, and the n1ne{ w4s not paid, Va
that the whote became due There Is certainty
1ha, ,s.t psynehtt IL to be made to the company,
AID the an,'.''onal words orty icstgnase an oucet
who might receive the m0nrJ- As to
| tue tine OF PaAnent, that became certain
t5 the call II lhe Directors, a. In no:e payable
N q. u.aAd, the time for It's payment becomes
| nxed ~ drmant. Then the.cha1ter stepa Ia and
| makes The tue utte payable upon default II
| any payment properly ASSESSED.
1t Was also objected LhAt the pteadiugs dill no1
show any loss sus.4tned or expense incurred b
the company. to which these uuees we-e lsAole u
| cLntrthute It WHa held tat II Is sufficient Il
! aver staS the DtrrcSofs made legal as,ssi 1enL
tut declaration was heIi 10 be good, au,i upul
the ttia1 OF causes, the Court gave 0niy one q1.,
tun tu the jury L. be considered, that Relating
| the circumstances surrounding tac making Vi tn
| sss* 4slt ell wh!rh w-a II It unpaid ~ the mem
bel Of the Gu. EanY Row beinX euet1- II that ~
5tssn4eAt waa pr ptlls ma 4. 10 meet losses all
tu a. tray expen' e., then each maker Ut the cut
IL hanle urou bis contract, and Tits, TOO. altnoug
tEe .s4s-mcnt was not calculated to the d0lia II
4nlre. t.' mcrt the existing Necessity, hut include
= n asos.abe harpiu tor s,atl debts, expenses .
ctIh ctIUn Huu o'her Incidental eAptu=es- IN
! LafeIS II the lltes wee b3uud by the a4ses
| uni, at !! II WAS incumbent Oh them TO Utet
Il. eAch Vi those rase> Judgment was rendered IL
rikIhittf.
! H. tie Gctztytsr Deutsl 'fulcanita cutT0Tc,s
Sst1y {; n4s Il has been osfo,., declares the pa
IortS upop himself the burden Of attorneys fe
| nLd costr. refusing IN .,ay del!ar, he cxpeal
two and suffers txecntton.l