A.' ft. - ' ,, ' " .. 1 . J f . ..
:,.. . "
, - . " ' ' -.- . ' ' '
,ffff' ' Q ' ft ' ' :
, .... " " ' ' "
".'-.'.'- '"'
, . ' ; " .v
ar"r T-r ----. .. .w-,rt ;
JOH W. CUUM. f nLlkJlia.
Hew SerieiVoL III No AO
j . . runi.wiir.i WKKKLV, .
t ' JOHN W. CAMERON,
- 10 ITU ft au yRuyitlKToR.
rJ' TtUM" OK UUCHPTIUK , , .
0llra,tB ailraars: .
aaawl..a '' M laaa IwrW Ua a '. ' hm
L!",, .HItMrl aatll U arrrM.ia fait lfc.
rciyi OP If UtTIMSOl
r """" """" " . .'
rf lM "lhS
. i i i i ; ','
4A
ilipli tti Fairy Dry 6X BaJ. np BsoU
- . lint, ui lfiiy Ui fUtUiif.
mDIM DEES Oi)01i ! TRtMUIXOS.
tu,4. las. " " -
W. It Rt,
Hopkins, Hull & Co. .
f ....... a tft
II 1 LTI TI VH
"V.l. H. II VUill.
Attorney at Lmv
rAiarrzviLLE. n. c.
Juurr, 18JI.
l-lj.
8 Lnw Copartnersliip?!
tu, ii., - -7lrf!t
J!0. MANSl"'-
J. A. SI'EARS,
ATTORNEY AT-LAAV".
lUmi, Tr, IWrMtt C ., V,
INMt. JL.
w- J
23U
' DTOTBLACIt,
OFFICE FROST BOOUUi UVER
Ir. . J. IH'''
I STKUMAN
ATTORNEY AT LAW.
niTTallOROl'li.
M.lyH, t6-
- jflMSLOW
'"Attorncr at Ijhw.
Or, A- s-A -A f"'
.vi-rrrt ll.l.i:. .H, -
ri
f.Vrnar;, 18"..
R. H. S ANDFOKD,
AITOHEl VXD COLXSELLOa
-
ii .
Sept.
A. iu. UduiycfM
iciortcr wi CMtion Merchant,
GILJ-ESPIE S-niBET,
Fayettefllle, N. 0.
6-T
Charles Banks,
" W n 0 LtS A t E AN D. U B T Alt. UA -
' I'ayotU'TiHe, N. 0.
. S. II. TH'JMib.
pUXYAMVSTAPMvnUYGOODSj
.. .. Sr. 5:..ur. -u .--..
r c.iwn Yri,. Kery,
Dlnkt, to., c.
" J. S. BANK&
''conissioi -axd Tonwvnwxe
MERCHANT
- DAVID McDUFFIE,
" WAYITTEVIIXE, V. C
. . vi. in narama ia till and
Jaty 18, l-
182-ly
' COOK & JOHNSON r
IMPORTERS tS9 DEALERS IN
Kngliah, Germanr .nd Ameriea Hard
f . wnrw and Cutlery. r
f, Ijiii Sign I'rr tjir
EMnOVMENTfOK LQOQ WUA'li
wati:i, mmroiATELY, ;
Asrciits '
la amy (nnutiy ol Ui l'uit-d UmWito tnpt '
mUuI llio Ut ImmIi r x-M ti hjri(.iiu, mti
IM '-I'll A IS or I AC H E U HOM'KIt!) ; r, A 0
xtiiJ V ! tii) tMr Nii-im-i iiU Ihcl.lnjU tnm
C'milit l.i lb ui of il J.fim.h hy In
Kt H, A. LU,' A. M. l. H." C.M.uinii.u JnO
l.ro tcUi. tN.fr. M ltWKII'TlU.N l lill E IN
.MLHLIJi m & JMOIUM.CO J. la Uii ik
ara pirariilvJ lh mit ruliliuia anl Iinp.inj anaura
vf tit BiliW, fumi'liiug a eoNm'Cii'il tWrn uf Uia ummI
Ikrlllini Kvficl Wi...r uf tl HuiVI. A aoi!
an,7 " aiHilf.l, ua riMtipl f mail
Brifsa. " A drou!r, will eoumta ad Tarmn l AM
ill rorwaitlnl t.jr ..I IrrwuiK V. UllltVS, flj.
M Suuih Tl.li 1 !. t I'liiU'Wi.l.ia.
N. It. rrua walliK i tlitir aMrn I will
nail, (ul p Ml, a full u ii ti cUluaoa f aiy
tMM.k, wl wila Imtiac4i-ai lu uprraW Ut will ra
lilalkrm (u Mike fraia W iOI)Hcr wutiih. TIj
Mat eouiHaa twr IUU SV nwd t'...ulr lkki, mui
hla i Kill b fiMUfl aawa, f laa lt ailing nuWrlji
(lull bHik in Aateia. A'Mraaa abar.
81,18, 18X1. ' U4i
!-
' l'AL'LK
IfT0rLU Infi.na ai fri. M anJ ilwmra
1 1 lhl la km raoMWil lp-i IikuM tUml
taakalUmaaa L N'Htl Mmt I'arnip fltrwt
.! h.lf ! iMtaara Ilia Mik-tand LiMj I'uinl,
brra b late wa tarrui ua lua liwil aifl Mio tm -1
mi in a all la Im axil tua m-l Imcr ta-W
fhoM vl.liuii lln-if rtbaitrJ ua la H
l taut kl(M, an J aa rraavoaUa twaat.
II. lHi U'W
Dissolution.
Taa r of liri rMlrw V
Ilctler b
aa HlvHilrrd lij- aialVil cihari.l.
All la.ai liKltata Iff ara a-artmlljr tja4 t"
ra l a l '. payuw-U nlii. (ai br bul c ; al
!. aiu( cliai.ta mfiutt, aa .l btii.f llt fur-
OREESTKCEA HKXTKB.
Aufat 2Wa IS. H.
"ROBERT D. GREEN.
Watch. Maker, Jeweller, &t,
rAixiTmuc, s. r.
U- i. G, W f l"" w aiawata tli la
. pablie I tba aia jtna( aa hWrally -.u.a.
4 ainai ba fcl rr. 4 tain b
lM.aLt la IuWrol of i 8 r, aa4 will torttaa'
lha ti.ia. ill all iU tariuua br.iKbra at Uw ohl
UnJ,aniff bla eatira aapartBartBr
N. B All U-a kft atlk ! nfmir ii
kkra apart Mi pfaataaa af Iba ar., aj .a
wirniwin aal K Ifcaaa M a nun
oainct N"- """i ",
raalad far laa ftm. . , .
ii. .ad f..r aala . lha Taril awl
rfemeaar. L'UH'K8 aaJ utbrt l.a.rp.r. thai
Ua r br.a flit4 tt pH! lr..n.a,
whirl ka fill " t S urk prwa, b4 !
taut ff ! J.
A'l .! Aua la 4 7 U " '
J raai4 fcy ' K. D GI!KK.
fl B
I
IT. RKU, or RVFTT l VI t.v lartaot j fi
l-alif.il aad Sutwml OrvKaat tiiavk, itii I
.. ... . ......... . 1 ... ..r .... -
v.. . ui.i .hj itit,! .aaaa aT i" ;
.- ... , J ,
Waa. A. Whri- at" ","r Hrl-
k.... bna ua tl lb llr f kt patrtlw 1.1
kia lam-v t I rrjttUKV - i'."" " I
an I l.Uk ta ut ju t. aa it aould b agaibt cwrer-
of a ball kd all ", t
Hy, A. Ilvhrlw" lUtr fry prlacw a imm ts'l
I ka dint.r.jaufc'ij wiei aaiai. !--
l iiyura in Uf k-a.r lyiig it mJ b coUn-
""iki.d, anld ar ai pllrd (ia 9 priat rrM) at tb
i taewry, 2i itrwlaiy, V.ark. .
h.itJ IV ailr and t tl lolled blv. by
lmiri.i an-' r'J 01 lHalrra.
mr- Th. .ii.i Ua U.r oa and a-ldr
a at.H:l .W itfii.a t ar nlv "I rcl. l i, v
1 wlLMAM A HUill.U.11.
i'.H HMiaJa, tMI.
for '! bvjS J- HI!ilALE, f'ajU.iUMN C.
' Af.,,1 I . XiIrZl
'rCn ill d "for ia le.
On SalurUy. tb iSia .1 (Kl brr. i!. auWriU-r
will Mil 4oi'a. rrt of L.nd, lynj In Ir.ad. ennaty, r.
lliaa-laM and alat a.il.-a ! lb lim-r.
Tcrma kvj ani kui ua "f '
: Sept- " r :
- oiin-iiti:
A NEW CUArll. -CAKKIAGE,'--
r,m. MoTioukv I'o., S. C.
'PUB 0'Hrian;d ia nt pwparwt toman'factaiaal
1 L,. W ." . (,.. in alt kitisia of OA tt-
KlAUKS and VtMlClKS f 'Very, dwripti. n, the
tn.i-1 i.rr "Od ' ' b,', "rt''!9 l'"!b
be uBtra 68 Wn c''(Tirf t.m. - "7J..; " ;
ilia li.Biaodexieaiperi'i'Vi hu,b " "
and H..uib in trUu branches i.l tlie trndr, aud otng
llkml-o a pr.iof.CHl nufbanic at Ibn hu-inrw, enable
him to wu wok riitru.li-d lo liia . ear with i.t.ra
aatialacli.iu to all bi patrooa. ""7S
Hrpairinx aud lilack-uolbing of ery deacriptiun,
at Iba nbortent uutil,.nd all Work vrultd
'"lai- Wanted ImmadUtcly, laro (f-l Bty baildera,
a Ii vruea, nikr aid a g"ud W..ck.-niitli. lo nbom.eua
ftmt raplnyaBt 6i Ht tiharal a6iU off
glT.' "
J. K. mTcmss.
1lif.
Aa. 11.
(:.H!ll.li;i: 1IM;1'
AIT SI. T Alt F wnald wP'-jA-
V lully lnf"r Mi pnbtio that h KtUk Jk
haa aalalilihvd liim lf t '' BlHr r"r h pnnw
of earrjineonUie CABBlOE MAKINW BUSlNKiW.
liming carried on tb buaioem at the North, he flnU
tara bimlf " a for etyle and neatnew of finish. lan
durability" be ea vie with tb beat of Canin Mk
are'. -Thoa wiliin; ne bnjrRi'i wil) pleaa eadl and
rxamlne hia work fr tliemwlvi'. A Vork warrant
ed for twelve montlia. Ri pairinloneat the ahorteat
nolle and on rcM)ble tarnia.
fair Bluff, N. C., Juu 1, 1858. - 12S-ly
THE NKW VOLUMES OF JiLACKWOOU
. "- i and
XHE FttU It REVIEWS,
coMMVar a rotiowB :
Tba KOatll BRITISH, May, 185U
EDIXBUHGH.X J'ji "
. iCA(t., ' J"' "
ii WESTMINISTER. ' "
7ind BLACKWOOD,
. r-Juty " -BLACK
WOOD -or any op
. uL. Hvhteriptn pnrn
OSR RBVIKW-or' any TvVO REV1KW3, $6. Ike
FOUR REVIEWS, W. BLJyCISWCXm and th. FotlT
of IS BKVTK
fcACKVOW and
fravvuira tin
' y T ; :u.i .l...ia w..;4.Mrt.rt in
ad-
I Pnf i w n it ii nr.... -
aeeloetha four Rii end Blackwood to a
vaoeoatha four riH"a v
rt (K5c. I. U.e VniUd 8b,f. 0".v 80 cento . .year.
Namely : 1 4 cnta a year on each Review, and It at.
y'o-Bu-k-er-t V .
aan
Auoraaa, . " l. w e..!. K T
M Gold Street, aoraev of rultoa,
rnpli'i rigjiti ftoty is mrul 'atgxl krrjj :
ayettevlile.ri C Saturday October 11, 185T
Fa
a i
Tall Trn.lCa lSriO.
' B, F. PEARCE '
18 SOW OrEMNO, l.rg. anJ Uaalrabla flock of
FALL AlkD M 1 YTEIt CiOOOtl, -
Oaaiailnit la Bart ef
Black ami Colral B.lka, 1 ' -
Kiiclih and I'nmck llermva,
11 nn ami Hg'i lrUnr,fvMt beautiful palKTM,
lllack aa-l utj Alpacaa,
Kilgla, aal liiatrtinga, . '
' (,'ullaia and I'mlcralaaara,
Cactaa and balcti.n tikirti, ,
' J.cim. I, Malaruok, balaa and Dol l M Hallo!,
Fn-iwb, KHftliata and Awarioaa fnuta,
Clotlia and Caaaimcrra, ,
Hilill.tt", Jraaa and T alalia, '
Flatda, Ul"J "d Kawya,
Caraiiua ana Warlboro' Hti ipM, - .
IDi-acbail ai.d Urava hliirtiua and SLaaflag),
. Wl.iu and Cubirad Fiaanela,
Di ill il ea and Ticking, ' V'
Iriali L'aena, (fnd aworlmalit, ''
I.li,.a TaMaCI.h, T..li(! bb4 NupVloa, t
j .Bli.ala,' t'liaika and Jl.mUl.aa, . -
ttlra tUaiitjr . Had Waokit, '. -
Jiibbuaa, U-it, (lU'ti i), navtjAr ,
( ,i. r . r ,y . ... V) . aW-
llnta, C.pa, Donnta, IWtuU, aibaaa aa-J Vaabronai ; a
gm-al aaaartUHHit af
. Itradi'taindat lutlilns.
and my .imtj m m Nuil(i5 LIE,
aliiik Hill b aold at a rmll autaut f CASK, ar
on t to ui.-ii .I ea'ta.ara. rilbrat MHliLK
HAI.K or HKTUU. All ar rrapretiail. iimt4 .
l aft a caJI bwfura purckaaiaa lkr. .
B. If. I'EARCl.
Hay 8t., Fay IUtI.1, rV t. 1, loitt 3'J-tf
GROCERIES.
1aa aia-rrriii.f r t k f t-'aaaillf Gre).
Crri, t'mn'iiiif r l:u ;
li & f Cottra, aaadrlr i,
60 lllil. Mnir.
6 il.Hkrrl S- t,
r j ' " a.
2,J " 1,
IV " Hrrrlne,
A ' Htraan a 8; rap,
'A6 bow lkaa.
lj ' Mma Candlla,
IS'." A toiaaMina CBllr,
W.at India I'ranrif.a. aaukftcd, j
hir. t''lii, ami Ta,
K-.p. I'utir, aad Wl.iU Ia4.
Will krt-p cuiUiot'T a land liaeva, bard, Butler,
Ar .Ac.
Tb )' named arielm,' aol all atbrra awaally
k.rpi in a Or.rry 8tr, whl ba krpt euatontiy ua
band, and a dd cl"p for ck or oa tii to p-wapt
paifi ruriur. E. t. MOUiiK.
M.r fvrnnly otraj iJ I J Hall A Sacltt.
Prt. 12, i.. nv
Blanlrts Kersnjs, Krntackj Jc-ans.
Ket'ii Str.ix-, and a, lure bd nfSiinr,
lrwltky P f. MOORE.
rKi:u lJt.
liU.a. 4SI K. Mtrled. .: -
aadmauirirllA'U-N tUR, ..
far aal by ' ' "t f: JltMlRE.
v; Ovcrbv,
Saddle ard Harcess Maker,
fLJt Bpeeiiul-'y f ra lb pablia aod
"i.k-5 ttr 4d ciwn af U.mIa A V
of . iua a. .uh tunw w j ommm
-mi .i.i.-. ........ ... - - - '
.L. . I .1 .a. A II
i;, '"
ia-to & lraih, atirre fc will b
Itapt f t' furni-n Hi'ta ?it any ariici ry y aeea
ia bt im af nuiucaa.
hind .tli-oH.n p.ij U rrpail'.tif
i Aun 1 1. ifrfi.
1S7 If.
0. JlOl'.SIO.N
'OI LU rvturu hi tiiok t th p. 'ayyi
tal'tic fur tb liiirral patrouaa riT-l
b ha rvcid, and bpr. by (.m.rluuh-11 T i
ly In boimm, lor a eiittst;i(iun Bl I'.r am.
Ht h t niml l.iin.w no bi own rvpnnjHi.
ily, on U. fci alh id uf l'cim-o atnet, l;o duora b
U t i Cap leo.r 1't.ilik apil (lira ilw rl atinie kw
.Id vt'iud. vb're ii aml l b e'ad l ail hi old
dinla Hr'rta-ra tu ki. pinbarJ a j; t iitl
wr1 of 8aWlr', Uridle?,' Wlij a, and rtj ttBj ia
bi. linr uf kfinni
K II. lie wiiiatkcnd l rapairiBfof 8d !'., Har
efv, Ar. , nd bai rbarju. aliall b aawdtinta.
rt..(i-iul- r 4. Jr'X'-t ., 13J-6UI
.'arulmiaq cy.
T J i7
Lima iur d
0'.
THClisiUAV. th 30IH of.Orlolr x,
i mlrrilr will ott.-r at public au.-ii.-ti !,u
plaiiUlioA, ..ntiii? 4" acn ol LauJ. IJitg on
tl. E.t i-l-if ihet-ap rear nrr. 13 milra brlow
turrit, till. Tlir l a f.Kd dw'lli.n aontainiiiK 8
r...io. Intrther wib rlnuiy out h n oa Mi
'riiii-, all in good repiir ; io a well of gned wa
ter. Thrra I land 'enough cl-ared and undrr fouoe
l. nro lu. a ttVMitio.-VU iif e.rn Thervhi aawama
Ci4ituining (ia acre eily drained j , also, oris !ik o(
larprniin b.uM. The sluoii..Mtneiiiy neaiiny,
aod a bargwill i'eaa ' b had. .
TUs ci-nlilii will be mad eaayiand kaowa oa the
d .y ( !. :- - -i-.,.-::.. " . A . MMi. :
ScpKmbcr is, ikju, .- ITWI-IM,,,
SCVrORT YOUR 0 IK.V PAPEk
THE EXAMINER,
- fnbllshrd at Columbia, 8. C.
THIr? Journal b mu red upi.n U aecond volamn,
and wilii iti esat iiuis will eonuue'uca tb. publicatioa
..fan '
ORIUMAL. I'll I7.K TALE.
of great liluiary meiit aud tliriilidg interest- ,TbU
wili b foliiiw.nl l y
A K K I E B OF Oil 10 ISA t IT.nll-lv
written xpie)ly.for-th eoliinma of Th Eminr,
Th Boirir r all from tlie pens of e'OliTHKN
H KITtKS, and will Initiate a nrw ra in Swutiem
peiiodiiai literature. W tbiak. fronj ' a:rnirBant
nnw In progreaa, that in all tumr itux of th' Ex
aminer, lu column will he fumished,wiUi ORIGINAL
TALES and KOUVELETTES, rqunl to any publisihed
In litrraryjnuruala, either Nortk ar Bouth.
W bat priutel a ln' ir elitin, and will be nabld
to aupply new uucritra from th eomnieusiment ol
tlieae atnrie', ii'oTdara ar cnt in early. '-
Tb xuiinr i prlnlrd'on a Urge double sheet of
right pagra, coutnm:ng FORTY COLUMNS of reading
niatU-r, wUV Very few advertisement.'.
Aa a UTERARY JOCRSAL, it haa already uken
a high atind, and with proper encouragement will ou
rank among the he-t in ihr eounU-y
A a POLITlCAt JOURNAL; it will ever advocate
the Right, lnterwds, and lotilutiona of th Souili.
Uealde the features, it will weekly furnish a full
summary of arwa. It will be th aim ef tbe Editorto
make Tb Kwmioerlust-MK a pnper a will cause it
to be a weloom visitor in every Southern, family.
T"The term of th JExaminaT, ar
TllllEE DOLLAKf FEB AS 117. W.
payabU in all eW hi adranc. With FIVE THOTJi
tASU rabMribara at thU priofc w will insure to tbe
8othern reading pnlilie
UK itiT ririi or iti cLAaal
ever isaud at tb 8outh. Forward your sobaeriptiona
for the aw volame
Club f tea will be fhih4 with th paper for
lwoty-8' dollar. Addrea
W. B. JO JSSTO.f.
Columbia, Jaly 1, 180.
XturMn itraia of JHoia'i fas tn lall
. i - ' Fran Ui Konk C'aroll oa flusdard
i Iriabiiby DrrATrT or K. C,
Til &liton if tk Standard
Sit : It liat bon ucud to m by
tlif AUiH-iify liovrul vf tb tut ibat it would
tw'aiil U dive publi.ilieJ for the infuruialiua vf
our litem jjemjialljr, autl uf our MieriBa tp9-ci-i.v,
tUi lalo dtHiUiun of the Hupreiitu Court in
th l. ), ' Tlie 8tuUi to tie ni-e of the Fublie
TrvMinr w. William I). I'utwajr," a copy of
b 1 oocloae to juu iib rwjueat thai uu
pulil .Ii it. 1 hupa other paper is the Mute will
jjivc it an iuatrtiori, aud that the blierifUwill
amk kojwu to the ulioitora of the Suie, til
aiunLr caaet that mJ Ul within their koo'w-
:
Very repoetful!y,
; ; D. W. COURTS,
. . ruhlio Treaaurerof N. C
2fc
,.V,.lIaul. Trtawurrrmt
t.ttf to fi m of th t vUie treasurer w.
4'.. .
T"' President
Piil.irj vf !) Coiuiuufcuil l.;iik raVWlV
uiMjgWn," (act of ah. 4,) (uet conferring
npoa u th uttual power, pnvil .jrea, arid iiuuiu
iu of a Uauk, with a capital rtock of 'iVtO,
UU0 provide, lath 12th aectiufi, "that the
PmicUnt or Caahivr of th aaid Hank ahall au
ajally pay iotolha Treaaaryof the tuut tweoty
Are vent on oach har of aaid capital flock,
which way hav beta tubacribed fur and paid in ;
aud th brat pajmi'ut of tb aaid tax a ball be
mud twelv uiuoth after th auid Bank ihall
hae eoMiuienced oprratiuti " The Ilevbied
Cude, in. Chapter W, aevtiun 20, in, pox a tax
of throe eenla upon every dullar ruvre tln.u fix
dullara ef net dividend or profit npou money vest
ed " ir) ftocka of any kind, or in share of any
iienrpi rated or trading compsnv, whether in or
eat of the Kute aod herein ahail be included
all bonk dividend, bondi and certificate uf debt
of any other Mute or country, or of any public
eurporatioo created by tht or any other ute."
'J he queation presented by the pleadings in thia
caee ia, whether the legislature bad the power,
after lha reeervatioo of twenty-five eeaU on each
dure uf the actual capital flock of the liank, to
imnaie aa aJJitiuoal ux on th dividend receiv
ed ly tlie individual Btotlboldera.
i he couuael Iur the defendant cootenda tbat
il bud wot, aud bi arumrnt ia, that the (.Tjnt
ty the lvislalure ot the Rank charter creatud
a couiraot belweeo the jMste aod tbe corporation ;
that by a fair construction, one term ut that con
tract waa that tbe Rank should pay into tbe 1'ub
iio Treasury twenty five ccou on each (hare of
it actual capital atock, in Oubaideretkm of which
-uitidJicr of tanher ux fhouli en r be inipoaed
op. it, or upou me amjooos at ptxaa wi ssj,
ot tbe individual men. ben who conirJ it; and
that the coirtUe of tbe I n tied oulo pro
hibit the Fute from pacing any Uw to iu.pa.ir
the obligation of the euotracl, or of auy eaacuual
pait of it.
We admit tbt tl.e prant by the Legiabiturc of
a charter to a htki curraration, croauefa con
tract b. tweefl IheSuieanJ tbe curporauou. whiih
brnius it aodW the i-rvtaxliuo of tb ctuHituKo
Of roe t'aitcd Stiu. ThU ouosvrrative pnoui
pic hi been repeatedly rectajraitcvl by tbia 'Jourt,
in drciaioOK, of which it ia bevearary to refer
(u'y to tbe ia.-c o.' M.i't rs. hilitamt, 11 I red
Rep. 1.54, and lb1! isinit ra. Mattkrvt, 3 Jones.
The same prutectiuo w'uit b extended to the whole
CHitract H.urt be cxte tided to every eawntii.1 part
of it, and if it be psrt of it, aud if it be a term
uf the contrail that the St.ite siuil not iuipoe
any other tu up .n the dividctids orpvhu ot the
-tovkboldir llm'i Uwt which U Clprclv men
tioned iu the charter, then we fredy admit that
the clause of. th K.'rei.ue act to which we have
referred ia iorative is it ppi;eaiiua to the
hnt lt'Di of f t'K-k in tbe (' uin.ernal Iwuikuf Wil
miiit iu The UctitD, then, ccaaes to" be one
4 cutistiijiiUoiial wer, aud becouiee oi.e of con
struction merely. The quegtioa which bus been
tJ.U presented, ha, ,in late Vears. been o often
the subject ol iiiscu.--ion and Jwiaiim iii the 8u
pume C'ottrt of the t"niud ix'ca, ted in the
C'ourt of the acveral Stales, thai it would I
armiiurnt. We ha!l conGne ouraelve to a bricl j
enunciulion ot tue principles open wuica our
judgment iu the present cao ia'lountied. .
it ia now a w.'il settled rule ot conMruction,
that "the jiraiit of privileges aud exemptions to
a corporation are strictly coiirtruod against the
corporation, and in favor of the publto. ; Xotb-
Siijf psfisc but what ia fronted lu' clear and ex-1
tilrvit ;tffta.';;- au aouner toe ngui of wxatioR.
nor auy othur powor of foVcrvijfnty which the
community have an interest iu prcsvTv'ng ainU
n.inished, - will bt hdd to Lc Surrendered, unless
the intention to eurrender i uiatiifoted in word
too plain to be uitstakeu." Ohio Life tsvrart
TrMft t'omjmtijm prtU,HiJLitC.Z'.ii.)
Ren. 435 IiiUitft ft. Tht 'rvtiUr-cc Jluiti,
,4 ht'r Rrp. 601 fiaret River Htutie it.
The U'ren Bri.lye, ir4' Rrp. 54a. It
an n oot be denied that the taking power i one of
the highest and moat important attribute of aov
erei!niy. It ia essential to the esublhsient.
and the continued existence of iorernuieni
Without it all p;li(ieaI i.istllutio!ia would be dia
Hofved thfaoctal fabric would be broken up,
and civilixation would relupse iiito barbttiiajti.
Zo jtovrnuit can, then, 'divest- itrilf nltogeth-
cr of a power which is eKemuI to aa existence,
-it cannot romuiit rnliticul suiti.le; but it is
conceded that it may, by contract for an adetjuate
coosiderstioh, bind itself, for a loiiin r or shorter
period, not to exercise ita taxing powc at all, or
nnt lie voi id a certuio extent, tapon certain tyrsoiia
or ihinpi. This is, however, often a dangerous,
restiiction upon its power, because the necoasi
ties of the government can not always be fore
seen. In the changes aud ciiaucr of time and
things, those ndux hive charge of tho administra
tion niny have need of all tba possible resource
of tlie country to save it from great disaster, if
not from ruin. These considerations force upon
the mind the propriety nay, the absolute ne
cessity, of the rule that every graut from the Leg
islature by which the integrity of the power to
raise revcuue is impaired, must be constrned
strictly in favor of the public, and against the
craotce. Let us apply this rule to the case" be-
rforo us. . Tho Legislature baa granted a charter
to the l?a.ok inquestio in which there is a
stipnlaiioo foV cortaiii ui to be paid by tbe of
ficers 6f the bank,'4pWeacb and every share of
iu actual capita stock, into be freiaury oTWe
State. There is no erpres piovisioa that no
other of higher tax shall ever be exacted ; but it
is contended that there is an implied one to that
effOit ' Why should there bef It is certainly
not so. in case very analoirous to this. A citi-
sen Ukes a Riant from the Sute for a tract of
land aod pay the stimulated price, lit e m
,ii kaaari ipi ta ilrrjr.
media toly to pay Ui of twelve cent on every
Ii ond red dollar alu of it by the e-enoral revs
iu Uw of the Htate That U pretiacly th aauie
a if a tax lo that amount were, rewrved in th
print. The 8tale carimA vinlate it eoutiact con
loiued In th pi ant, any u.ore than it can violate
it contract involved in the grant of a tank char
tor; and yet, who ever doubted tint the Ju
latur nmy, from tiint to time, invre.iM the tax
upon th landf The aauie biay Le aaid of any
taxable persona! ehallel which th fute mavacll
loan individual. hy rhould money veteJJn
eorporation be more favored f It would be
difficult to aaaign a good reoaoo for th pnfir-
ante.
Hut, if it be admitted that tbe capital rlocV of
th bank I by it charter exetnpunJ from addi
tional taxation, it by no mean follow that the
dividend or profit of the iudividual atockhold
era ahull be exempt. Hunk atock, or (lock otrd
ed by individual is bank, Lt a difTvmut thing
front the capital uk of tho bank. Ily tbe Crat
i meant. H the individual intercut in the divi-
n Capital Bt OH00 Dll. Jiy 109 Blat
. r ....... ,,,...,
I k i,,.:. .. ,i . rr. rT. uti.i
Iwi.J U ta -apimfiooof th tliaatan '4'hi; ej.
itai atotk of the bauk i the whole undividtd
fund paid in by tbe atockhotder, the kvd rL'bt
to which i vexit-d ia the corporation, to be used
and managed ia tml lor the benefit of th meiu-
Der. lio luiuit nf irrmrt tt. ii,t Atutt,
9 Yay. lUp 4'.H). "A Ux on the !irt it very
different fruta one on the latter, and the proper-
ty ia lurted and the ux pud in lien different
manner The Ux on the dmdendW buk atock
vanpoferMirac, with the amount dc:.r,d bj
the bank, and received by the fb.-k holders
Tl m Am las Im I' ' , . .1 I
Ux ia paid bv the owner of the stuck to tli
tiesher !
n ... Ii
iff in (he counties of their rcaidencc. Ihe tux
oa the capital tock is paid, irrcpoctiveof profiui,
by the ofheer of the bank directly into the pub
lic treasury. How a provision iu a ban charter
for a tag upon one enly of two such different
subjeeU of Uxaliim, can be construed into au
implied exemption from the other, it is difficult
to conceive. It is a mere reawnsblc eoncluxion
that the Legvlatur intended to reserve for fu
tore euicrj;i-npie the power Uj raise revenue from
that sat.ject of taxation about which it was aileut
And
I thi conclusion is strenutheLed bv the re-iin
Bretioa i lhaf the rcrveJ sutject if one upon j
wnicn tue taxauoo caunot pres very Lenv.lj
It is to fall on profits; it diminishca-alatlsfy
prow lighter, aud isswithdmwa allocuber when
II. mmM $i:t i. ....( . Ii . - n .. n tin ..7.t..if 1
ubjuet. of uxation. Land and alave mil .son-
tribute lo the .uf.port of the public burden. I
whether their owner si"h over empty eranari.4,
or rejoice over barua filled to werSowu.g. Our
coticiu'ion, that the exemption of the capital
4 eawvv aa ... i.-mv XJ-jart'"' mrx.t than
that which is specitied in iu itar!e, dew.- Bot-f
exoucrai me amuettu ti me sioctuoiuei trom j anu enueavor trt eerc.se our i.ur snare oi
such taxes as tbe Lcialatare msr, from time lo ! ii.liuence in eft irta to cheek sectional s'rife
time, think profwr to iiupjae, is exproaaly dHiid-; and V clothe with power thos pervir that
ed in the case fiota Teaoeaeee, to which we Lave I appear to be worthy of it, I fear thr.se eoia
reterred. Wc have shown that It is directly pljlllt.nU WiU cease. But whether thev do
witbia the rule of couslructwu extracted from j ur not. ou, ,i,,,r j, a ,.;4in om. . j, not
c mci jon.ee l.ney . n,uK.n to tLe ease ol the j
lteini: thu supported ty ream... and cuninu-'d I
jrrwted by
by authority, we Mate it with Cotih.k-iice as the
law' of this and all aiiuilar cie. 'J be dcuiurrct ;
must be over-ruled, aod tb tivfciida;.! ordered
to put in au aaawer,
- WILL. II. CATTLE.
.FILLMORE IN -MW YORK. I
The f riends of Fillmore in the great State j
of. New York are.ac!ive, zealous and con-j
fi !ent, and ate rfcienniued to give the elec- j
torni vote ol that State to its iuUle son:"'
Everywhere throughout it limits the .tire
burns bnginlv and e iia e not a d.mht ol J
the re.-ult. e extract the lijllow ing cheer- i
nig oaitie-cry irom tne lust numuer 01 tue
Altuiny Satesmau !
To our frirtitls we tiv' cotifiJentlv.
PREfS FORWARD, ANil THE YIU
TOKY Wil L BE ULKS! The game o!
brag which 'the'-Biack Republiean b ive
plavtng, ctnnot l carriid into the
)u
An actual survey of the field
I d.scloses a state ol
lil.'L'n-c eHCOUrain-r
things, iu tlie hrucst
to the supiKirte
s of!
Mr. I ' iilmore. - ui towns where tue liiao. '
Ui'iiutilieatis have asMTtcd, and apparcntiv
believed. 'thai there would not U- luex'-eeu i
a dozen FiHuxire vote, it has been -aseer-'j
Uiutd that. Mr. ! Fillmoies vote mil U j
greater -t-hau that o eiilii r 01 tm- utter
candidates. In bcalilies here otn ti !-nd
had supposed themselves vck ihej bve
been' gi call v surprised and encouraged at
the result of an actual canvas of the vol
ims. At this liine last fall the Amt-rieans
eiilii r or tfii" utter
h , I f.ir U-sa rncourhccnifiit for cartvini
the Slate ihan thev now have, and yet they
triumphed. Tho Republicans were as eon"-i
fiderrt then as they are now. Tht y Mowed
and bragged as "they do now. They said
the -American -vote- woujd oot reach 100,
000 in the State. Tlie v ancrted,"as""ltie
now assert, that they would curry the State
by an immense majority."..- Thi had then,
us now. lire tended accounts' of - mlr. candid
ates being repudiated, Councils going dow
and the oart v dving out generally
It tiirui'i
sv.1 out in h all brutr and bluster and so
-- t -j w : cr. ,
it will be again.
.Agaiu'we say to our friends, press for
ward and the day h ours."
, Mass Meetinos. We noFice in our exchan
ges that a bire Fillmore and Ponebson mass
meeting bus been announced to come off in the
town ot Yadkinville on the"'10th and 11 ih Oc
tober, l'be committee says ainorvg her distiiv
guished speakers iuyited and expected to be in
attendaiKe, are Ex Govs Graham and MoreJiead,
lion E U ReudeW II Uuion, H W Miller,
Keneth Ravner, George lavis, Nut Hoyden, J
A Gilmer, D F Caldwell, Sion II Rogers, aod
tbe Argut and Flog men ofthis State. R&own
u)r; of Tennessee: Flouruoy, of YirgiuU;
Sam Iloustou, of Texas Ji KUt Clemmlns, of I
Alabama. .
We understand tbat a fimilar meeting has al
so been appointed for the town of-Daifbury,. to
be held on Saturdsy ff Superior Court, the i?tb
insfc OrethoriTUim.
-A paper giving au aecuul ot Toulouse, says:
It is a. large town, contaiuing' 00,000 iuhabi
tsnta. Luill ehiirrlu of brickt,"
'early as bad as the Dutch description of
ah. a . - . . t Kitt k..nat awttff i
UUtCll WWn, VUICQ ConU.UU wu.
i.owtnnat.iiaau.aiiwitataou-
. a -. it .l ...., t,sfat lA
th street.
. ..
' -
TMJIS: TWO MtUfJJrf Al'TA'fJ.
Whole No. li?
' , From the Baltimore Patriot.
'"SPECCII OF GOV. GRAHAM. 1
Mr. Preoiilcpt : I am takeo by gurprlie
by ihe cull just mnJe upon me. At vrry
Ureal inconvenience to mytfflfl have? made
an effort to be prenent on lliii occasion, nnd
when, after my arrival, I had bei honored
by a place at J our aide. I ha'l atiiuuj it
would Le my duly merely lo endeavor to
usaiht you io the prewrvation uf order here,
rather ihnn to take any pit in the iliscu
tioiu of this ansemhly. 1 state th! by way -of
apolojry for not being better able to grat
ily the expectation of those gentlemen who
have been plenaed to call for tue upon .
occaaaion.
1 have fo.-tgynsa my delight and .my
gratifLation ntyicwinirsuch au aaacmbbig
iiiikk.
tl.a"
before me. It bin been aaid ih (
ihe liii? nartv of the coutitrv wna lrad I .
., F 1 T ' , " J i
If these b the retnaih. what mut it havo
If tlree be if a rvmiim. what reninornt Iva
wlfifgtei tlC pOUf". b h 11 T A;
be brought aL'aiu into a cOiifhlmij of lUn
action and us.-t'u!rief ? . Sir, it i a party
J a disintcrcslid niul patriotic party ; una
j which, whein clothed with pjwer ha ever
j exei ciut'd Us hj wer with juatxe, nuxlera
J lion, enlurgnd patriotism and a respect to
(all the ink-rest of the country and when
without power in defeat a j well aa victory,
j it has a!waN. U.eD a r.spectabn pariy. It .
j , er .h'tmn that duValrie devotion To
;ij .;, i . i i r...-j .i -i.
' II '"V I 11 I l UCII UCIvlCUt W UlUI
,"',"t! 14 reapjectable in lit own eyes, in
'bo eyes of the country, aud in lha eyes of
thoM who opposed it.
This tributa has been paid to it by its old
adversaries in latter times. Within the last
year or two th Whig party has been in a
state of inactinn ; it has not coma forward
and contended f.r the offices of the coun
try, and being in that retirement, il mem
bers have heard their old t Jversaries com
pliment tlinn to a decree 'ot which they
tnnv wall be proud. .Now. the old Whiflr.
U,n,r.c,:,c ratimr.ti.in irnuitsv
a u -
rcUfc as aljV oiher tinJ - jj,
as res-
pec
politician in
tlie ci-utilrv.
(Laughter.! And it ii rather
a matter uf surprUo, ben we read tlie jra
tettes oi '.ift d:i atid the speeches . of our
opponents in regard to our old
l'aJf'r. ionner times our great cap-
i tain ever escaped being elecied to tlie of
fice ol i resident ol the Lulled felaies. -
Laughter. And their tributes do as but
iut'.ce. But now when we come forward
saxsaasi I'art in the alfalfa of liw et'uotry,
bccofue M ,arge & u lLft peupe of
e L K"U?
, ua -rfiiijse itle o:i ItLiaT
party, ta remain longer ia a state ofmaction.
e itif'.y lie by lor a lew months, or for a
year ir two, and take no p.rt in the Con
ijressior.al or tstate elections ; but v.hcn a
i;reat Presideutial eleetioti ii comif!?; 'on,
and we are nil cuiled upon to eiect a ruler
to I einthfd wifh the power of a great na
tion fur four years, it Joes not become so
large a jKirticn of the people of the United
States to !. ihacftve, and tQ s;.ai) J by as
mere spectators. ...
lt is with that view that the people of this
country, those
. . i. . .1 . i . . . i I.
who ave stoou on ana oeea
denied a j irtii-ipation in the goveriiinent
the pnver having passed into other hand
th.it porti. n of them, who have MooI a-
I.K'f l r tiie laif two or three Years, and
two or three ears.
h.ive taken no share irV th public, affrira,
have now co;r,e forward, and t!irouh their
representatives have loexprcss tojji'e conn
irv what thev er-i.jt,..'t-r to lie tLe dJt v of the
Whijis tf t!.e t'olon in the present crisis.
It is that that -lias brought us together here..
Il is for ihe purine of determining what it
neeotnes rlicyre
f party of the L mon
S. W'lf.-tlUT It j.h.)Uld take
I io-do in tin en?
nop.irt in the coming contest or whether
we should actively piirticii'.ne in it : and if
.e p.vtuj'jTeiii ,i. into wii nales our
ot.N 'mii ot i-.n', .. w 'I'i'JI 'I'lirtaawd
.Mr. i resrtieiit, fv von to-cl;tv. we have nj
candidate i t our owii in ti e iield. and it
it
now too. iale f.r u.. the t lection is loo near
. . i . . ? . .
tl nami, to iirin;' torwarj a stnctiv tug
party eandidaie.-
But there are
unv iu
I the field ttjiiae from
'.'whom we can
select
j one for our support.
1 shall not attempt to discuss their merits,
I Perlups it would W premature for me t
I do so ; perhaps it w ould be inappropriate,
as" ourconunittee bh revolirtions has nut
m.ideTTSTeTrTTo rtitsXtinTeiiTion, fc-r 1110
lossy anyiiiin, m rrgant - to me cnoico
which this Convention should make, But
I know or Vvhat p'urpose 1 and those with '
me teiiirie, here; We were sent here to
endeavor t prevail upon our friends, from'
he.lauada frontier to ttie oilier sine o; tiie
iio titsnide, to 'nominate ami uuite upon
lAwiliaW r inmore, oi iew ioi k; -v
1 F Dunns? thp Inst sentence the feelinsrscf .
. i.v- . I.-.. . .-t . ' t
- - . ..
io vast audience hud been gradually
'wrought-up to th'e hiehe?t pitoh,.,aid as tho
name of Millard Fillmore fell ypon their
ears their emotions could no logger be sup
pressed cheer'nirer cheer, burst forth, s.hout
after shout weut.up. and in a moment, ac
tuated by one cotnnton 'impulse, the mem
bers of the Convention spou lancously rcso
to their teel, and the whole vast assemblage'
gave vent to their feelings in related aud
long continued applause, almost causing tho
massive walls of the building to shake to
their foundations. Ever and anon the tem
pest of enthusiasm would subside for a mo
ment, only to be renewed with angraented"
erergy ; and the ladies in the galleries par
licipatirg ia the Denenil welcome with
W men lue nouiiiiaiiuii uiinriitu,iiui
their hankerciiUds in token of approbation.
1 be whole formed a scene of indescribable
sublimity, which those who had the good
fortune to witness will never forget prov-
. J.l. M;1I.J tMlmnk n.hr.it.
H IT HUWLm'll .UUltWU t llilsiviy if v.m..ii-
r ;,, , f,f l.i. eouutrvmeo. xoi
5 im . 4 :
- ' . r "
'
1 4