Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1880-11-20
another Phase Of the Coupon son
tYOgersy.
From the Richmond Stale.

Our Court Of Appeals yesterday settled % e
decision of thceo to two another q1es''2a WHICH
bas been RAISED respecting tho rtc;lV.5'iI!y CT
The coupcus for taxes through tho o5atlnceg O.
the City Treasurer Of Aezand;i'. The tootS,
60 wa gather them from tho tex! OF Tia tEo
onipicns, are briefly these: The Legislature
which met in 1871 2, upon the heel oFthe pass
aes cf Ina FudiDg bill, after loGG struggle
su,,ecded 10 passing laW TeDealiog lie bill, CT
rather thas clsuse CT il vh;ch required tie
coupous when overdue 10 Be received By the
StOte authorities for oil taxes aud du:s, end, ct
the ssno time, provided TIA: % o. pIesanta!ion q
thess jnteres;-o?upons o! the Treasury for pas-
msnt if the holder would Bgreo 10 rcc:ivs Two
thirds Of The fsco Ct then ia MONEY. the Auiiser
should so stamp them, and The coupons be ro-
tnrnod 70 The holder a5 having b:a1 paid ID that
| fysent. The intention CT the laT being that the
holder. BY this ACT, rclirqaishsd all claim upon
tha State for The other third. Mr. CassiC5 t.
| Lac. of Alexandra, held some CT these couOcts,
on which two thirds Of their face value h7d been
neid, which ho presented 10 the Treasurer OF
| altx.ud.ia AID demanded that the ether third
| still duo should be Feociv2d by hin ior State
9;,ae. or otherwise s.;,cd. Tits the Treasure!
refused, aud tho matter was brought asiora the
Ccu:t on on application fer Dardsmus. Judge
| Aud5fscn takes tho ground tina! thaGc could DC
no contract waite there VS. tut oEo party
agreeing to it, and shat, lhcTtioEc 60 far as Tho
creditor, tho hodtr OF the coupons, was coz
cerncd tbe Ian passed by the Legislature could
not he enfcrced eg.iost him; that ths residue
Of his debt could net DO taksn irorl him by enc
sided agreement CT tbs kEd. la othec words.
"eof0rcad equity OF "iarcletl: readu;tmea!.
was Is obnoxious to The Law 10 this case as II al
osses 10 which the attcGp: may hn madA to IIl-
psr the obligation CT contracts. Butt doe5 not
s.cn 10 have bo1n necessary 10 press this pcirt
in this particular case, o. il was cot.ed by tho
simple fac! that tho law PISSED By The Lcgi:a.
u.e inya!!daii0g The coDtE:c; cf The State with
lis creditors or repeating tho Icutiag law had
been declared Unconstitutional By tie courts,
aod therefore was Ct 20 CT, c.. That &c, bc5s
| 4 Iulity il vas Erepostertui to suppose cfSdl
10, csu!d lose auy Ct bis rights under l., eVtG ~
lila "reminiscences 90 the lrscUmpilIn tat too
law Vas constitutional ard bia6i1g, SID TO c)a
clusiai OF tho lcaraed judge ~, tia. h:vinS 10
dou5! Of the colg.itutlona riGhtct the pC;loaer
10 SCI eff tho unEaid ba'aoco Il his oouuoLs
which .ho State oWcs lin, ssliEs. The lazgs or
crther demands Of the State sgaps; bin. not
Wi:hs.auGieg the Unconstitutional ard void Cct
OF tho Tth Of Marob, 1872 fcsbiGs," he GussO
hold and is Of cpicic1, therefore, TIA. Sc rue
riust BE- absolute end th4 ms5damaa aw:.t3d.
| Jcago Etspica, ia lis dissenting opinion
holes that TIC soocptauca o. tha ITO t!!:td5 I'll
The 73lao ct Gi3 courors Tss virtual agree
meg. Ct the holder to the con'rac', sad :!;st By
i that &c: BIS bou1d himself 70 surrender ct bis
right TO Is, The otscr third or his cl.im in tic
paylOpt Ct tsx:s Or CUES. and Ia places i: upoa
| IooS hn n "a.
third OF tho boEa sid . rac:ytaro, OF The West
Vir2inia Certificate fer III. remaining third.
The bcl1ac ct tho c2Upcp Gid rot lasa bis cain
fer tao thi;d against tho Safe ty Gcocpilo:s the
Two thirds payment, but olly his right TO feeder
it 10 raymelt Ct claims against tho State.
judge Starie5 Gt:ccled Eueh lmDortsrc1 to TIC
ac!ios c! tie cur: 10 this case, aa be believed it
yauid be sa otstscla in tho way Of EescnI2g ~
c,m pro1iis: or aotloEaent Ct tho debt q1ca'ieo
Si,h ;ho craaiots ii mo prlaop'e Ea7 To obtain
teal 40 compac! YES tiCGisg on LEc creditors BY
which hey shtull asrsc 10 sC!rtrce: raTl3H
OF their diias f}r a !aSt:eb, c1Es!daraucD,
but woa,d sill reserve .ha right 10 clto:cs
CAIN fer he residue CT tho dGbt, and tae72 0IS,
IS i. wand ba no hardship or iDlus,lc5 10 lesVs
ito ccti:i>1er whore lii c;Fa delaa:eta c2Sduct
had ,ll cd him. no vas lcr loav,ns BIN ;hSTe.
| JCd &c SSaTl3r, IL the curse Ct his V.Ty tX-
bsusiiv, cpipi0o, tctk cce,s!cn TO remark
tina:
| misunderstanding eana r;c,Ut dc.e 10 40
coatrsiy, the doc!rice is wall cststi!shcd b: tho
highest autE0fit; ihst there i; 30 pTocceG;2g CT
process ty wtich State GU BE- c?mDcll.d 10 pay
It's debts ha9e?ot OF fer whatever porGosa c)n
irac.ad. Ii il inhGr1u: ID tie u2:u.c Of sj7,
e,eisIy,' says air. uan,itoo, DOT 10 te e1cn
ablo to the S lit Of 81 Individual; his. ty a!op.
ton OF tho Constitution tho Sie.s wo1!d not be
Invested of tho privilege Ct psyi1g t5clr Own
debts 10 thcir o9n Wy, FREQ from any con-
slraint but that which hoss from the ooiEsiion
1T pnna Gaiilh