Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-05-18


fling written assents with the variou
State officers controlled bonds in the aggre
gate to the amount of s., 1880 By com
psrison of the amounts enumerated, it ap
pears that the
CREDITORS HOLDING S2,741, 600
acceded to the go and proposition, and the
creditors holding S2,79l, 900 acceded to the
so and proposition of 1879. 1t is part Of
the history of the country that many of ouI
most distinguished citizens labored with pen
and speech to persuade the people to ratify
the proposition at the ballot-box, and none
more actively than Governor Porter himself;
and, in view of his accurate knowledge of
what the law required and inform alton and
| knowledge of the action of the bondholders
| in 1879, and personal communication with
| them as chairman of the Citizens Commit
tee upon the subject then under discussion,
| the undersigned feel CONSTRAINED to believe
that Governor Porter's activity would not
have been exerted as it was had the assent
| which he knew TO be essential been
| WITHHELD BY THE BoNDHoLDERs OF TEN
| NEssEE.
| In view of these facts the undersigned
| cannot concur in the opinion that the requi-
| site number of creditors did assent to the
! proposition of 1879. The undersigned have
not felt at liberty to reject documents pur-
porting to come from creditors, because the
the proposition which other creditors for
themselves have made. Any doubts could
easily have been removed by application to
the parties from whom the proposition pur-
ported to come. But the bondholders seemed
to have deemed it unimportant to inquire
of those most directly concerned.
While the acts of past officials and
private citizens in this affair the undersigned
at this time consider TO be irrelevant to
any public measure which il is the business
OF this assembly to consider, yet the under
signed have endeavored TO ascertain the facts
in regard thereto. But satisfactory as is the
conclusion to which they have come, they
are unable to concur in the report that every
opportunity for throwing light on the ques-
ton has been enjoyed by them.
JOHN N. DRIVER,
OF the House Committee.
NJ. d. SMALLMAN
OF the Senate Committee.
The undersigned would further state that
Ex-senator Gaines, in answer TO the request
of the committee, did appear twice. but each
time few minutes after the time the meet
ing of the committee was called and when
it had adjourned, and as to other parties
named, We suppose their failure to appear
is because they were not willing to take
voluntary part in it.
OF the House Committee
NJ. d. sMALLMAN,
or the Senate Committee.
ADJurANT-GESERAL's OFFICE, |
NASHVILLE, May %, 1879. |
To the Hon. Thomas E. Haynes, Franklin, Tenn: |
My DEAR SIR-By direction of his excel |
lency, Governor Albert S. Marks, have |
made out a statement of the names of the |
accepting creditors of the State, and 1 here |
with inclose the same to you. The amounts |
in the statement does not include the interest,
which is twenty-four per cent. The bonds |
owned by F. S. w. Fitzpatrick, Colonel Jones
says, is $4,000. Yours truly,
W. w. ESTELL.
STATEMENT OF THE NAMES
of accepting creditors, with amounts SO far
as stated: Charles NJ. Fry, Roger A. Pryor,
John II. Inman, Inman, Swan & Co., Ex-
Governor Norton, ]. d. Macaulay, T. d.
Lappen, E. R. Duncan, b L. Horton & Co.,
Jacob D. Green, Hall. Garten G. Co., L. D.
Alexander & Co., Amos Young, Levy &
Borg, ]. B. Alexander, F. 9. Calhoun, VIII.
Hayes, Henry Blood, Stephen Crowell, presi-
dent of the Phoenix Insurance Company; C.
g. Baldwin, A. Iselin & Co., Pesrle & Co.,
Helen q. O'Donnel per Charles Mackall, and
Short Thayer.