' " -., -,' , ' "
... . J. ' ' .""''''" '
' "' ' "" ' " - -s , ...,,. I , " , , ' ....
-. . voxi;:no:. ! j'
,.tinrfM (TIM !- I" Hat,aai
(kMiM' Wrr Sa-akMaaMart4,a4
yitfMtt "" !- I.
. M Bin, f a M ar. MHWI
jyM4 at (MM tlMXMM bbM VMt.uMM
ttpm mWw Krw S UJUr, r j mtf i to
Tt frilV. Piiui.inu
Jt.r"!- 1 -
u k rjird y'et fcthiwi, or prieeir b wtr
beta offered in tkia market i cwwirtinj oft
Bit Uu and OlWt Cltbi . '
LaKingt amJ Cimwiane 1 -
54 J'rcftcb Dombaiinet '
Bombiiftl Cotion CH!mrct
tnlun Drill Brown IVencb Dnllinf
Vrtnh mix'd Do. .
Wk.ar!4 aitteen '
. 4-4jn!i'd f-atabtct (a aunWr article)
H 4-4, 5 4, and 6-4, Domeitic Drown
' heetuijr "
. :. " Do. Bleached
- Hjperior CuUnn Shirllngi
r-8, and 44, Bed Tick ,, -
HA, and 44 Apron check i .
HttMia Klieetinye and Urillinpe !
nSor ami Tkklcnburytia
Vert fine trih linena - , :
rvr.;.:. .ir.r. .
linen Cnbfie Lonf lAn '
finin and Tamb'd Book MmUn
44, and 6-4 FifeM. Leno - ;
Tine Swiae Uuilia
Jaconet and Mull Muiljn
Wbita butdercd Cravata
Italian Do. (a superior artidej
- " 4"iAn-an4 Xioki Crtpri . , .
V.roi Do. Kle. Uvbci
fol'd. tiroa De Nap
Bn'uwe Dreavei .
taun and China ftilka
- M Suawla and llkk - - -
Uhitc and blk. Silk Stocking!
Do. and nii'd 8ici.
lad iQ other article of Dry Goods thai are utu-
wj w demand in tbia comniumtr
A complete aatortment of
Harlwart, PUWi iiip?t ami Sa4tfleii
f Jl Doota, Shoe, and Leg.
4a'0J1,, -WWpa Cntt,
llrUti L'mbrellaa r MulT
-Irfc and Enaniah eTarai
(Tfc'noi Cflj,"an ' EarthenTWarri
. As extent! aaaorU.
ttvent of o. ' ""
to, an aaaorttnent of
All of 'vlnch Ahty offer wry low far tusk, at
vhoktile or retail
iwfvrjf wwj iu.i
fllUE-luaicniier Ja oow riin- (kI on-
m. mg ai uis wart in aauiituij, a mic iwn
ZSprJMtSummerM QQD$l i
wiming almost every article nsualty.to be
fouaj in Store t bought for ccu't, and selected
lj kimstlf, with care, in fbiludclpbia aad New
York. t , v
Thepuhlic are umred they will Cud aufl
wTP, and u uw for cath as any in the place,
if otherwise, on accranmodatinc tc.rnn,. . I of y
invited to call, eumioeand nlire ft '
n. JOHN MUIfPIIY.
AVI NO removed his Me.lical
Estaldisliment to the resilience
of .Mr. Lamb Tuitor, Sen. seven and
a half miles from Mocksville, on the
main mail lsu.linir fivim lli it Inwn In
"nnnville i and having laid in a new supply of
MEDICINES, will attend to ttC calls of
iiemsss heretofore .
neiereija inform his fiienVls and employers,
Rowing to hu tevert and protracted illness, it
been impoisibU for him to call on them,
ettlements. Such will now be immediately
y( nd all those Indebted to him by
Wt. : j . , '
"'iTthemselves of this notif-cation, with tbp
poni< detail, otherwise they will find
;w respective accounts in the hands of olhcers
"collection. . ' 3t72 .
VaualAc lca Estate
nnHR stibscriber offers for sa'e
Jl.' Hint valuable Plantation, with.
four foUetbf; Sa1JibuTrt;in: bot
VsifMmmi u'Juioiiibx. 1C. - George
hich there is a large, heV and
mWiout dweUing-hmise, with all the neces.
Wf-bouses.' TheVe is only about 50 acres
i un3er eultivatitm t two-thirda of tbe
v r- - EOOO UMaml as inv in th rficrlihnr.
fire la . - . " ...
Hfor e th . . .iA
JKlatBr '"",6'"B graui:-rn in me
i";. ' 'wPable and social neighborhood.
l(?d- " J0"N LOCKE, Sen'r.
those indebted in th ,lrV.tir !,
FinK-0' ?,herw. re hereby notified to
e "ii vi m"e ptymen' This no-
W ..i ."PP'y more particularly, ( to all
ha i Vw nTe n tno immediate neigh-
C v,JU,8 ROBERT WYNNE.
Be 30M- iaM -
ftt-ft . iL. ..i J. T f I
public, hl Ihff Ut rettird lh bid. I J ni.. c...' . '
thcf MOM , .ml ibey con!JJnt!y ai ' c J'- 1 . T J
The PtockoTder? of thii Inniiu'lon
wet 10 (bit City, on Monihy ipree
Wjr 49 i Wr(Jrotirnmcrif-4rr:Decem1r,
innrceridecld blmportnl quenlon,
ma uoiuiMrt 11 cxrodit out r n
! 9 reC,'a it oo Interci. nd the
t .... it . - - . - - t ' .
'""" n ocoion win permit j"
hitJnir baen VreiUent
I ," ,'0'', Bd oc Wright, &hj. appeared
at the (epretentatlvea of tho State.
Mr. r . Browne, frotrt the) Uommhteo
appoilited at tbe former tnceiintf tore
port full aud detailed account of tbe tit
uationand afrin of the Inttitution,(ia the
abtenco of the President) mi fie very a
We Keport, ezhi'jjtinip the profin of tbe
butincu at being very tmall, aod drglo
ins prupuciy oi cioting me concern.
Tbit quetion belnr before the meet-
in jj, Mr. Hrvront apoke at length, in fa
or of deridiuff it afTirmatirefv. otsr
lng that with all tfre diligence that could
be used, the time which the Charter had
to run would not be found more lhan
auOkieot to eollocl tbe debit due tho lotti-
tuttpn; ; end i the eipiratlon of the Citr
ter ilike the death of an individual) would
cancel all clairnt and obligation, nothing
touiuoe recovereij alter the I it Jan, 1835.
Crn. Cameron believed there would be
no difference of opinion in the meeting
at to the propriety of winding- up the
conccrna ot the Lank ; but he had reaton
to tuppote that a contiderabte difference
of opinion existed ai to tbe if it mode of ef
fecting the object, lie proposed, there-
lore, that the Keport hicb had been
made to the meeting, with tbe document!
appended, be committed to a telect com
mittee, with directiont to repot eenci al
ly on the tubject, with a auitaWe plan for
accomplishing th purpose. Menrt. Kuf-
fin, Cameron, Urowne, BovUn, Polk and
the three Ucjrerntalivea of the State
compoted tbe committee. . . ..
On-Wednesday 'm"orninr Tluffin.
!.. k.i..ir.riL. :
in ircudii ui mo cuiuiiiiiice, maoe a very
aiiin:orf liirtrt t wtteh p'pcirt'in the
fti..- lvi iit-i; M.; - - "
urau pRo oi 10 wy a "wruiinian, and to
Uryurlit apDcarii the 5uckhoidera con-
mj i r one ra'A I. ..n. k!
rpai'n paa w su ajkHa sa.i
eluded to poslpone the taking of further
meaaurea on ibia aubjca,":.untiJ their an
nual meeting in December next, when
tbay .wiii..-iu -ao ppwittnity cf asrer
laining the sentiments of the LegisUturc
presentatkes orihe Siateraddrewd-
ndiei lojf C-,:Chjirmany statin JThat the
la w ; unJer whicU. ibey acteaTia aJJItlon
to "tTieir appoInTment, directed "them " to
open a communication with the Preaident
and Directors of the several Hanks in thia
State to ascertain whether the said Banks
would agree to a consolidation of their
several corporations in the establishment
of anew Cititk "
On motion of Geo. Cameron, the
communication was referred to a Com
mittee to fee reported on at the next an
The Committee to whom was referred
the Resolution adoped by the meeting of
the Stockholder held in December last,
and alo the lUport of :he Committee
then appointed, made to the present
meeting, have performed the duties as
signed to them, and beg leave to Rrfiort,
Tbet since the Charier of this Bank
will expire-on the first day of January,
1835, it requires but a very small share
of prudence and foresight to satisfy every
ednwth.a.l: : jrtm o jrnjrau rc ought early to
be adopted for collectingThe i dehTj owing"
o the ms'itution. an
to the Institution, and closing its con
crtod-of it feral xia
tei.ee. it is a legal proposition, ol the
truth of which, it is presumed, none can
doubt, that, upon, the expiration of the
Charter, the Corporation altogether ce
cs for all purposes,, and that a, suit commenced,-
or even a judgment obtained,
during the Charter, either by or aga'spst,
ii,jCoiJld.J)otJ)e further prosecuted or en.
fccedYour CwiMiHUeeJweJby ;Cln
say efiQ4ifxiiiic curtailments
pUenJurunt. upon tlie amount W itj as
reduced from time to time, be rigidly re
quired and punctually paid, every thr.ee
months, it would require six years and a
half to reduce tbe same to 8100 which
would be one year and a rialf beyond the
limit of the Charter. And they are further-
of opinion, that even that period is
earlier than it would be found, in prac
tice, the debt coUlrl be collected, because
perfect punctuality is not to be expected.
It is obvious also, that In closing so large
a business as that of tbia Bank, carried on
at so many place, Increased vigilance
and energy will be necessary t So that,
in ;he opinion of rour Cpmrciittfi few
ohhcexlitlngqfr.cert and serf aiiis ciild
t tltchargad, and
ducting the affaira
proGi tt by r aaoA
neti done, munt
lormer. . . , . y
tert.inly dimlnhb.-frMI 'sent Charier, for an. nur.. f H. Z 7?': !" n . -J.. - ,- , T "
trot, proUr, dttot li properly st.kbr. The cleptioee of ten.lBelnil, PbMUT.... ..5 . - - - -i
lJfourJComtQluee:irTuDr 1 ktitXUuiUtoU b0L ftcotaautnLht fcaaboi aireaJ
will, in map inttances, bear ery hard
upon debtors to exact positively, and at
. . m "
il periodt, an instalment of 10 per
cem. and it t believed by torn
np vqromuiee, that many ol the debtor
touia not eompiy wiid me requttitioo.
. .t J . e. t.a .a a a
ot, on tne other band, the Stockholders
canoot be expected to carry on business
wnico wiiioe entirely unprofitable, moch
less one by which, for want of the lesal
contirruasce oi the oorporatioo, e large
a - w
part oi tne uapitai Mock will certainly be
Lat rFkt. I.tx. ft t . . SW
a mi laucr evu mignt Tie reirreateat
- -vuancr uui i i
believed by rour Committee, tbat neither
would the Legislature grant, nor would
the body of Stockholders accept renew
uw m rmnmmw w a n a a a t ... a a a
m wiiuw pur vorammee is wen tat-
Isfied. that there is Rrest excess of
Banking Capital In N. Carolbe. .which
makesjt alike unprofitable to the Stock-
noiaar ana injurious to the Vommunltf ".wrs accoraios; to e Charter.
and from the 'chartered ornniiation nfl' 'om-tbe formerircureatance.-tha xJ
this Bank,- Ii -le in constant ijaogetof
groa mismanagement. '
1 our Committee, under these a'rcum-l
siancea, nwTsr amxioutiy turned tsseir at-F
tention to tbe varioua modetbr which
i. . ....
your butinett may be closed, with the
eamesT aesire to atscover snd rtcoranoind
one, by wMch It can be effected, wfch aa
little lot io tbe owners, and with at moch
lenity to the qebtort, at potttble. Mioy
memoqs nave Dean suggested to their
.vusiuciativu ui woicn none perotptj ,"B "v1""1' eciy mcnijcr
are exempt from serious objections. ifjcmr Committee, great losset have ac-
has, however, in tbe course of tbe consul-
tationtoi your committee, been suggea-
ted by tbe Gentlemen who reDretent thai
state in ibis meeting, and are aerving on
iuii vuiuuiiiicc, mat tne aanger ol loss I
from the expiration of the Charter, is not
k;. f . . . .. . :
much to be apprehended, beciuse ttutv
entertsin no doubt but the General Aa-
Kmblwculdcontinue by law the cor -
pbfate powers, b
mit for' lhe purrJbse of collecilnc deUil"?' "' make an aggregate of debt ' of a I
V If . t :..,k
sure, moio vciiu.incM aujjuvi mi. iu,i
I l , . IJ L - J It - J L
....w- . - i
. . ,k .i.- .k;.k
IO urCTtin lira isv.Boiir.HMiii wmvn
ibe S.Qckholders would otherwise lie of
nmvidinP 7V their own se.untVric:iTie
btber-ineWeV fnsunng ihi tei6o of
all tbi debts before ror it Wexplration
of the Charter ; and ebove allby that
benignity and justice, which should, and
it is believed will alway characterize the
act of the Government towards all cithern,
and which plainly forbid the extinguish
ment of a large amount of debt, - mereiy
for the want of a legal remedy.
At your committee suppose, tbat the
: . ihmlvi anrt thl tnnHn I
of so doing is not material to tbem ; but.
.Um a ....
ceptableo the -community and the pub
Wc.uthorities, would, for that reason.be
likewise most acceptable to tbe Stock-
holder. :-Your committee have received
and considered, with the greatest respect,
the suggestion of the Representatives of
the State ; and after much reflection a ma-
jority of your committee are of opinion,
hat if lhe GeneFal Aslembly would pass
the act contemplated by the State Rejre-
entatives, it would supersede the ne?e.
"r...... u .S..nnLr. .;,h fnr
the collection of the debt, with unusual
rapidity, or for vesting in 1 rustces sucn
debts as might remain uncollected at the
expiration of the Charter.
Your Committee . have perused, lb e
statute of the last session, under which
thote gentlemen derive their appoint
ment, and which contains their to-true
lions. -It is not foutherdr tbatT.the
Legulature have delegated to them any
lufhontf ' to' propose''' w compleveihe
compact under consideration. - Hence
the suggestion, made by those gentlemen
obligatory upon the State, and is, not in
tended to be so viewd by the meeting.
But while those members of the Commit
tee, wh0 are Stockholders, thus under
stand the offer of the State's Represent
tiet,they likewise concur in their opinions
of the reasonableness, prudenctf 4nd jus
tice of such an ect, and thence infer the
probability of its passage. Add while
that event is uncertain they ithink it
would be both unnecessary and injurious
to many interests, if the Stockholders
were to take any other course, before
knowing the pleasure of lbs Legislature,
: ... - -- . : - - '.a . . ; ; i : v
w9 'briow jonder cohilderiti Ofl t tarrra nmfn if si t . . - l . ' 1
to increase. bi! tb th. S.LhnM . rrZ'? ?n,,,ef H Cor- . , : ii .
I ich renewed Charter, the Cnmmlrt
The only valuable pdwen which
I ought to bo continued the Coroorition.
'" which ire necettary to keep
of ? itiuutroct toantwerthe demandt
' crtOHort, ana to enable it to make
I &u J aL . J a ah a..
ina oemiooa upon its oabtors. All
"uw ) powers may be rtiarded
KHt bf two prothiont in the act! the
r" extenton ahould be lor
I l"ited term j the second, thst the Cor-
V a aa a a . m .
poration snail do restrained troro issuing
re-ittuing aoy oi Us own notes Uerliheir power to obviate end svoM them.
llhamakM.S.ta.A.faBVAK Pi I t
""ln preteni vnsner. -
i a. iia.iiiiraTiniB in. rMMM. a a. a a.....
r i .t .? . . .
. iu wuira uu ug-
Df Institution heretofore, aod the
of tbe discredit and depreciation
pHts paper and the heavy losses already
jwr wmraiuca nave oete
"'ortgly Impressed with the belief, tbat
Wott of thdte evils have arisen from the
multitude of the Branches snd of the
PoctJr muciL,ec4argd end to cover
,,IB uirector are under strong
ntation to extend theirkutineit irapru
i r. - .
w saner circumstance
I Rfow many evils. The ereat number of
I Directors, namely ninety eight, prevent! t
91 "ins anc concert oi action,
,nd the adoption and perseverinir execu -
io of :njr iytem bawever - prudent,
,e,iae ,ne,e 'nre anothes conse-
nucnco m0T9 tenou one through
crued th Stockholdert. The Com
,nilIce "tluaa " loans made by the Ui
'"twifor ech other. It cannot oe ex
Pc,ea 10,1 competent men ol business,
tuiiii iw.i,ha...i ...... : . .
. ,",,J,,VU,,7 c "o retponsirxa,
difficult, and disagreeable office of a Di
"ctor, without having some Bank axcora
moouon. - H each one of the Directorv
0 enlilId to and receive even a amall
,nd ,nc6ovcDient amount.' At
so instafment is paid, the Directorr JeblMhcrr'rlepreternanvenn mis - fleeting
a.a Y Z. vii j suiva v w iinwwi v
eooatHutes l.ree Investment, which is
Huiir uiikwutiuiiawic ut ins uu ' tit
tsvr .-I- ",. r I
eoeiy accommeaating other citizens.
-, , - . r..
Besides this, D.rector. are often men i.
rooderste -circumstances, often men In
Ilw h fwtune,nd Jufn
ncid01 ipeculauons. LWibe M:
ure of other debtors, the l(.t ofthe whole
dcbt M,m b,PPe!' tcuse their regu
curtailment demanded from them,
tends first, to lessen their debt, and e
condly, to prevent them from imprudent'
ly contracting debta beyond their ability
to pay, since their inability must be early
detected t Whereas, the debt of a Di
rector may be kept up by an artful man.
'ohr as his meana enable him to mee
,,lhKh " Pr'n"P1
be lost. Your Committee findt that the
deo! of D,"c t0" " J . imc!
smoums to the sum of 325,9le 43, and
lt Vbee" mmr
year. ; that it generally has been S500,
000 of more, and often much more , that
the present diminution ha, amen partly
rom payment., part y from tbe death of
Directory and ttill more from re
cent change. ,n the Directories by the
fernowl of former incumbent.. Butthere
constant tendency towards ncreatin
the most diiriculrof managemcmrod
unless some remedy be given by law,
trrere ts no-f ea ki- ptuvu w j
improvement in it to last. A fact has
come to the knowledge of your Commit
tee during the present investigation,
which impressively proves the dangeclo,
be apprehended from this description of
debt. It it, that tbe larger part of the
losses heretofore sustained by the Bank,
consists oL debts of persons, who were
nirrtne at the I timt bf their failure, or
bad1 beetf Directorsiit'the'Urne-of contsac-v
tjng the debt.
These' ,,dtngers nd-' evils are deemed
by all your Committee to be very great
and tbe more especially as they often be
tray the Directors into breach of good
faith towards their employers, by tempts
log and inducing them to use their official
places solely for their personal advantage
and they likewite tend to bring oppro.
brium upon the Instiiution at large, which
U in tustife due to the defaulting individ-
ul only. From the factt here ditdosed,
and thit course of reasoning, tbe gentle
t ' a C . a T .-.!
erils .Irjrefore4xpVl'1w lr,
I, ki t.i,.
commllteo front the
Slockholderl entirely concur i and, in
I fjirnes tn ih. m,.iArn,. Siimj..
a w w m a vr. aa s sru tu bl. s
Itbey feel theratelvea compiled to atata.
that many of the General Meeting! havt.r '.i
from time taiim. tt,m.,u..
I a. "
reatrsio loani to the Director, and to rt-
oulre curtailments from them. I n fart.
the inconveniences end losses now ex-
a perienced. were not tmexMcted h
I ' w (k w waja
Med . theratelvea to the, uutrruott of
i experience shews, that nottinr thon ol m.
i . . - - .
... . ... . . w -1 . . v
taangt vy taw or me numoer oi ine uirec
tors will tjectualty remedy the evil. Th
whole of your Committee, therefor,
feeling alike the neccettlty of the met-
ture, suppose that the Legislature will,
for the protction of the public interest,
and to turret undue, unfair, and ln(.,.
rjous practices 6r favoritltm emonr th''
uirectors to tbemulves, pats, in their
wiadom.a law tar. that Aarnaeat
1 Vwir CommJtteer 4 ewwIuiuVmr ir-
impreaMi wltH the belief, thif, with
Legislative lupport and aid. In' the Dolnta
i. . " . - . r
l neretn mentioned, end such others as lbs
orudenca of the net" Meeting rrSivtr.
holdm, sntf the intelli(enee of tha Ie. '
gittature, may provide, the atTairs ot the
1 Bank mar be msnsnd fihourh lihnu
tht hope of much profit yet) with out lhe
danger of much further loss t and lhar.
H tne vrews here taken thould accord
mosc oi me uenerat Assembly, tho
Bank could be finally closed, as needM
and safely, to the debtor and creditors.
is by any other immediate means which
your Committee could devise and that.
too, without the danger of tericrusly and
i...i i.it.-.; . . . .
suuircniv aurcung me nature and amount
of the circulating mediu m, or the valu
of . property..Your Committee,- there-
fore, take thelbettvof submittinir to ik.
meeting, whether it be.no: proper to defer
their next- Meetin,- and wah the nleai -
sure of the Legislature upon ;be pointt - 1
- aaai n a aasswSM wnaetaT Ja)jastv raa
And it U further aubmiued, thai.iah.
mean whiler h .be-rrcommended to tho
tka. nmlil aaiaill p ami rf ai S aa aa eiMI . at
cording to their sound discretion, and tho
a'jifify " 6T"tKe "Customers' to iaake""pay "
ments ; and to ' refrain from making fur-
tber,discouoi or .newiIbaris7e"xccp.uoa
paper to be discharged" it thorf periods,: -upon
which punrtQal payments will bo
expected and exacted. -
All which is submitted,
- THOMAS RUFFIN", CA'ntw.
This Report was unanimously concur
red with ; and SCO copies thereof ordered
to be piinted. WM. TOLK-
Chairmm fthe CeV Metiinff&fikiuMerj.
J. Gili, Seiretaryr '
Pigx. One day when Giotto, the
pimteiy was taxing his Sunday .tyalk, .
in his best attire, tvitn a party of .
friends, at Florence, and was in the
midst of a long story, some pigs pas
sed suddenly by j and one of them,
running between the painter's legs,
threw him down. When he gt on
his legs again, , instead of -awearing a
terrible oath at the pig on the LurdY
day,. as. a graver mm might have'dqtiejf
these beasts are stupid, but they seem
to me to havr; some sense-of justice,
for i have earned several thousands
of crowos with their bristles, and yet 1
never gave one of them even aladlefut
of soup in my life. - - - -
-- t r ' .... ..
T.) destroy Buss.-ln the month of
June when the yellow speclled bug
commence their deitreyations on the
zinc fir8 should he made in different
Hy intothemi ana hus Dtf flestroyeoa, i
Cotton. n a communieation from
VV. Elliott, Esq. to the Southern Ag-
riculturaVist, it is statedthat 'th,e
true secret-of fine cotton is, in the se
lection of the seeds" and that the char
acteristic of the seed to be preferred,
is, that it has a tuft of pale yelloer.
The fibre of the cotton from this aeed
is said to be more fine, silky, an'd to'.-
r!5V IV'" "u,""f ' "vv,"
- - ' '
-- - -.V - -'A . I
r - 3r
. ... V i u H