The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-01-31
ON TO CHARLESTON.
Chamber OF Commerce Committee
to Oppose tho Finley Bill. ~
FRAUDULENT ACKNOWLEDGEMENT
Should tho Bill Bccomo y Law-It has
Already Passed tho Senate, and 1t Is
In tho House, Whcro Its Passage
VIII DO Opposod-Wholesalo People
Elsown orc Aslecd 20 Send Commits
tees to Charleston.

Yesterday morning Mr.. Horny Baor,
Mr.. John G. Riholda1er, Of the Vance
Shoe Company. and Mr.. Joseph Spot.
del, left on tho Ohio River road for the
ptate capital, where they will do all
posslblo TO defeat tho senate bill No. 4S,
recently introduced by Senator Finley,
Of Tucker county. Which provides that
tho provision in the present state
assignment. law shall DO altered 90 that
tho asuignor can name preferred crodi.
tofs.
The business people Of Wheeling and
alao those in tho iobbing centeru,
Charleston, Parkersburg, Clsrksburg
and Huntington, oppose this bill for the
reason that II opeus tho door for the
old avalanche OF fraudulent assign
ments by morchnnts, that were very
numerous. especially in tho smaller
towns, before the amendment to tho
law, placing every creditor on IN
equality. was passed at tho session OF
1891. The Finley bill haa already
passed the senate. and unless strong in.
tlueneo 10 brought 10 bear, 1t Ia said,
will 60 through the house.
Tho Wheeling chamber Of commerce
had not taken q, step before tho bill
passed tho senate, principally because
It was not generally known exact
~ what would be the consequence OF its
becoming law. As soon 40 it was
known that it would be return to the
pernicious law that was in force prior
to 1891. President Huliihen Quarter
and Secretary Howard Hazlett got to.
gether and decided to send 4 strong
committee OF tho body down to Charles.
ton 10 oppose its passage In the
house Of delegates. The gentlemen
named above were selected and left, as
stated. yesterday morning.
In addition the officers OF the cham
Dor OF commerce teleSraphed the Ohio
county delegation in the legislature ask
ing them to oppose tho bill, and yes.
terday a telegram was received from
Delegate Smith to the effect that the
delegation had decided 10 oppose the
measure. The officers Of tho chamber
also teiegraphed the wholesale grooers'
associations OF Ciarksburg. Charleston.
Huntington aud PMkonburH asking
that strong delegations DO at once sent
to Charleston to lobby against the bill.
1t is thought probable that tho opposi-
ton 70 the measure will DO 80 strong
that tho house will not pass the Finley
bill.
Secretary Hazlest, Of tho chamber OF
commerce, when seen yesterday after
noon, said that tho passage OF the bill
would badly dsnoraliIe business
Throughout tho alate, and that the
vholesalera would u many cases refuse
to continue giving rataileru credit, sim.
ply because past experience has shown
that there would DO numerous cascs OF
fraudulent aaEignmants. in which the
wholesalers would get the worst OF it.
He had it on the authority Of a promi.
neut wholesale merchant that under
the present law, placing all creditors on
an equality, there is not over one assign.
ment where there wore formerly twen-
ty.hve. The bill, he said, 10 very indeti.
nite, and had he not known the pur.
pose OF its author, he would not have
known what it means. The bill, which
amends the present law, ia as follows :
Every gift. conveyance. assignment. tyan.fe
or charge. which Is not upon consideration
deemed valuable In Law, shall BE- void as TO cred.
i,ors whose debts shall have been contracted a;
the time 1t was made; but shall not on that &C.
count merely. be void a, to creditors whose
debts shall have been contracted. or as to the
purchasers who shall have purchased after 1;
was made; and though Il be deersed to be void
Is 70 prior creditor because voluntary. It shall
not for that cause be doomed to be void as TO
subsequent creditors or purchhcrx"
Try half.and-half-Smith's ale and