The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1899-06-13

Y~esterday's SessiOn-Papers Read.
Colonel Holiday still President Of
the Agricultural COllege-Tax on Per.
sonal Property Of NonsR esideDts
MESSENGER RureaI

Messenger Bureau,
Raleigh, n. c., June s.
The following additional members OF
ed today: j. V. Granger, Wilmington;
G.. A. Norwood, Jr., Goldsboro; Il. l..
Watts, c. y. G. Evans, R~eidsville; Job
Cobb, Tarboro; D.. F. Morrow, Ruth
erford; W. T. Old, Elizabeth City.
The association met in the senate
President w. a. Blair, Of Winston.
made the annual address. after which
Secretary John NJ. Miller made the an
nual report. President Jos. G. Brown,
of the Citizens National Bank, Of Raj
eigh, made his report as delegate to the
convention of the national bankers as
ISOLATION at n
PeperS were read as follows: THE
Personnel and Methods of the Bank Of
North Carolina 1S59-67," Hon. Kemp
P. Battle; The Trust Company, What
1t Is and What 1t Does F. II. Fries;
Bank Credits" Caldwell Hardy. of
Norfolk; TO Establish a General De-
pository in the South" j. A. Stone, Of
Mt. Airy; When the South Was the
Richest Section of the Country and
When it Can be SO Again." w. H. S.
Burgwyn; THE Negotiable Instrument
Law of 1885," S. r. Mordecai; The
Country Banker" c. n. G.. Evans, Of
R~eidsville; 1.-The Bankrupt Law" John
w. Hinsdale.
This afternoon at 5 o'clock the asso-
citation went to the home of President
Charles H. Belvin, of the National
Bank of Raleigh, in the suburbs, and
enjoyed a barbecue. This evening there
was a musicale 1t the Yarboro house,
followed by a reception and german by
the Capital Club.
The encampment site : and drill
! ground for the Second regiment, at
Morehead City, is accepted. There are
thirty-five acres, fronting on the wa
ter.
The band of the First regiment de-
cides to locate at Asheville.
Revenue Agent Sewall is here in
! speeding the office Of the collector. He
is the only democratic agent left in.
Colonel A. A. Holiday remains as
| president of the Agricultural and Me-
chanical college until July 9Th, at
least. He has not resigned, but does
not in the least stand in the trustees
| way If they desire to elect a successor.
| The trustees decide not to consolidate
| the departments of agriculture and
horticulture.
| Last night MI. brecklITIuSe was
| dropped as Waterman at the supreme
court and S. w. Walker appointed.
Two convicts from Beaufort county
| arrived at the p~enitentiary today.
! Attorney General Walser gives the
| following opinion to State Treasurer
| Worth:
In reply to our communication OF
the 5th instant, l will say that by ref
| erence to the report of the attorney
! general Of North Carolina for thu
years 1S91-tS9S. at page 90, you will SEE
that I have heretofore held that depos,
it's of nonresident deposItors ara sub
/ ject to ad valorem taxation. Section ;
Of chapter 2 of the public laws Of 1S9!
provides for the collection of an a d
valorem tax on all real ana persona
property in this state. The relation
between the bank and a general depos.
itor is that of debtor and creditor. Tn.
less there are s~tipulations to the con-
trary, such deposits belong to the
banks, become a part OF it's genera
funds, and can be loaned or otherwise
used by it as other moneys"