The Tupelo journal., 1908-08-28
Mississippi
Aews

taxation OF notes held by banks as
collateral security, ACKNOWLEDGEMENT
Fletcher has issued an opinion as fol-
lows: II do not understand that the
owner OF notes, representing indebted7
ness probably collectible, parts with
the ownership of the same when they
have been indorsed to a bank as secur-
ity for a loan from the bank. The
notes so transferred remain as much
the property of the indorser as would
a piece Of real estate upon which the
owner had executed a deed of trust to
the bank for the purpose of security.
Such being the case, / advise that the
notes should be assessed to the persons
to whom they are payable, though they
bave been used as collateral"
A special term of the chancery court
will be held at Jackson, commencing
Aug. 26, at which responsibility for the
81 900, 600 fire that destroyed the plant
OF the jackson Compress and Ware
house company will be determined.
The plant and its contents were burned
in February, 1906, and the litigation
now pending was instituted by the in
surance companies who paid losses on
the property amounting to about $780,
600. The Illinois Central Railway CON-
pany is the principal defendant, and an
effort will be made to show that the
fire was caused by sparks from a loco
motive of that company. Over 400
witnesses have been summoned.
Twenty-Five wrought iron weights,
each about a foot and a half thick, and
weighing fifty pounds each. composing
the striking weight of the massive
clock on the courthouse at Columbus,
crashed through the floor underneath
the clock and fell about one hundred
feet to the first door of the building,
killing DR.. A. G.. Halbert instantly and
injuring several others. DR.. Halbert
was one of the most prominent physi-
clans in Columbus.
That Mississippi will be toured by the
populist candidate for the presidency,
Tom Watson, and other speakers for
that party, is the substance of an an
nouncement just made. Mr.. Watson,
accompanied by Carroll, of New York,
who made the address of notification to
Mr.. Watson, and the famous Coxey,
will open the campaign at Jackson next
month, on a date to be fixed.
The insurance companies have given
ratings on the state prison property, in
GLIDING everything insurable on all the
state farms. Some of the rates, par
ticularly on barns and cages, are very
high, and in case the board OF trustees
has this property insured the amount
the state will have to pay in premiums
will be sufficient to cause the public to
gasp when they see the size Of the bill.
Gov. Noel appointed the following
delegates to the Lakes-to-the-Gulf Deep
Waterway convention at Chicago Oct.
: to 8: F. H. Mcfarland, Aberdeen;
Hon. F. E. West, Holly Springs: A. Y.
Scott, Rosedale: Hon. Lee Mcmillan,
C~arrollton; Gen. O. L. Mckay, Meri-
dian; DR.. A. F. Order, Biloxi; j. d.
Barkdull, Natchez; Patrick Henry,
Vicksburg.
Judge Niles of the federal court has
granted an injunction restraining the
Mississippi railroad commission from
enforcing the order requiring limited
trains on the Louisville & Nashville
railway to make stops at a certain street
in Bay St. Louis.
Elaborate exercises attended the ded-
ication of the new federal building
which has just been completed at BIZ
loxi at a cost of 1926 900.
H. E. Savely. state agent for the
farmers cooperative demonstration
work, which is a branch of the depart
ment of agriculture, held a big meeting
of farmers at Lexington. DR.. S. A.
Knapp of Washington delivered a Sc
ries of lectures. The meeting con-
tinued for a week.
Denied a license to marry Bertha
Haddad, a ~l2-year-old Asyrian girl, j.
Michel, old enough to be the father of
the child, kidnapped her and took a train
out of Meridian for New Orleans. Be-
sides the girl, Michel is accused of TAX
ing $500 from the father Of the child.
President Hightower of the Missis-
sippi branch of the Farmers Union, is
making a general inspection tour of the
state, visiting the local branches.
The present railroad commission ex-
poets to undertake considerable work
of local freight revision during the
autumn months.
The taxable wealth of Washington
county is: Real estate, 1861, Sl5; per-
sonalty, $2,476, 100: railroads, 81, 49,
Sol; total, &c. 0 ,406.
Educators of Mississippi + much
gratified over the announcement that
Edwin Ford, of Columbia, Miss, car
ried off the highest honors in the final
examination at Oxford university, in
which 5000 British students competed.
He is a son of former Attorney-General
Ford of Mississippi.
Acknowledgement Fletcher has given
an opinion to the board OF supervisors