Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1873-11-25

tions Of the bank. The S223, 200 pro
ceeds of the bonds sold should have
been deposited in the city treasury, bu
it seems it was placed in the Nationa
Trust company in the secretary's OWL
name. There is now S5l4, 600 in bonds
and money in this condition, but it is
believed to be secured to the city as the
stockholders Of this bank are indi.
vidually liable.
A Cotton Case Decided.
WASHINGTON, November 24.-In
the case of the United States against
| LOpier and others, the supreme court to-
day decided that party who advanced
funds to firm in New Orleans, to be
used by their agent in the purchase OF
cotton prior to the capture of the city In
1862, all the parties being then in New
Orleans, and the city was cap
tured by the federal forces
before the cotton was purchased
with the funds 80 advanced. The agent
having gone into the interior prior to
the capture, his agency to purchase cot
ton was terminated by the hostile pO-
sition Of his proposals toward cotton
owners, and consequently upon
capture, and that a purchase OF
cotton afterward, was an ef-
fectual aid to the enemy. 1t was for
hidden by the sOundest principles OF
public law, and the purchaser therefore
obtained no title to the cotton, and had
no claim against the government for its
capture.
The Secretary of n Young Mems Chris.
tian Association A rested for Forgery.
COLUMBUS, OHIO, November 24-The
sensation of the day is the arrest of VIM.
Regg, q well-knOwn young lawyer,
charged with forgery. Begg is secretary
of the young mems christian assOcia-
ton, and has been regarded as an up
right and sincere member of the Second
Presbyterian church. He, on several
! occasions, as an attorney at law, has
collected notes and bills, and appropriate
ed the money to his own use. On Sat
urday he forged his mothers name to a
check on the Citizens savings bank for
one hundred and sixty dollars, and
drew the money. He was arrested, but
no money was found in his possession, ,and
the bank officers, out of consideration
for his mother, who is widow, in very
moderate circumstances, will not prose
cute the case. Begg was again arrested
for appropriating one hundred dollars
collected by him for a client. 1t now
appears that he has purchased goods at
various stores, giving checks for larger
amounts than the goods came to, on
banks where he had no money, and re-
ceiving the balance in money. Begg is
now in Jail.
Loss of the AnRIO-Americsn Cable
steamer.
TORONTO, November 2S.-The follow
ing particulars have been received re-
garding the loss of the AnglO-American
cable steamer Robert Lowe, from
surviving officers. After the eOnnec-
tiOns of Lamoncha ard Placentea Town
by cable, the steamer left the latter port
on the nineteenth bound for st Joseph
at four o'clock in the morning, on the
twentieth, the weather thickened and
wind high when the ship struck heavily
near st. Sholto, and in a very few min
utes filled and settled down so fast that
it was impossible to get the life-bOats
adoat. Three other boats, con-
tanning twenty-three people, sue
ceeded in getting clear of the wreck,
and remained by it until. daylight.
Captain Yidmarsh was on the bridge at
the time Of the disaster, perfectly cool,
and took in the whole disaster at a
glance. He ordered the boats to be
cleared away, and perished by sticking
to his post till the last. Five minutes
after striking the ships poop was under
water. Mckenden, of Hearts Content,
and Day, the second steward, were
drowned in the cabin, and the others
were swept off the deck by the heavy
sea, which in a Few hours reduced the
steamer to atoms. Friday five bodies
were picked up and buried. Eighteen
were lost in all