Press enter after choosing selection

Farmers' & Mechanics' Bank: James L. Lyell, Vs. The Farmers'...

Farmers' & Mechanics' Bank: James L. Lyell, Vs. The Farmers'... image
Parent Issue
Day
11
Month
August
Year
1845
Copyright
Public Domain
OCR Text

The Chuncellor gave hig opinión in this case on yesterday morningf al the opening of the Coirt. He reviewed briofly 6everal of the points raippd by the Counsel for the Bank, but based his decisión mainly upon the establishment of the Chicago agency, whioh he held lo be snch an abuse of its corporate powers. as woiked a forfeiture of its charter. A perpetual injunclion was ordored to be entered pursuant to the prayer of Complainant's Bill: bot no molion of reference for the appointment of a Receiver, hos, as vet been made. Webeüeve that the decisión comes very nnexpected to most of our communily, and it is understood thal au nppeal wtll be promptly taken to the Supreme Coiut by the Defendnnt3. Wc regret thal the $150,000, of nddiïional capital, iniended for this inBtitution,will, in coneequence of this decisión, be for eome time delatad, if not finally denied to our city. - Det. JYews. The Free Press of Thursday says: "Rrokerp,ve understand, are paying 62i ets. for Farmers' Mechante' money. Their circulalion is supposed to be aboul . 70,000."055 The number of Electors of Pres dent last year was 275. Florida will add three more in 1848, and should Texas be admitted it will be entitled to four electors Iowa to three, and Wisconsin to three making in all 288 Electors. Of these the Free States will have 167, and the Slave States, 121. Necessary to a choice 145. Majority of the Free States, 46 Last year the Wbigs carried 7 Free States, having 94 Electors, and 5 Slave Slates, having 47 Eleclors.

Article

Subjects
Signal of Liberty
Old News