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t1. i a' s -w r 3:.k "REPUBLICAN AT ALL TIMES, AND UNDER ALL CIRCUMSTANCES." voLUME 1. NEW ORLEANS, LOUISIANA, SUNDAY NOVEMBER 19, 1871. NUBER ý\]) MANA(GED BY COLOR " . l; 1 1 SHED EN E RYS~.-·a .; .;.NI) M4J-I)AY MOR - ,ý 1 1 i.1UONI)ELET STREET x\.LA. c iYT OIN 'H" . -'ýr"E"x O' S' KELS4O, RArtwso. H~t W ---dtr F, p). s.~ INICIIBA (K, oR' ? t:ee7nP ir~w1 ityoN 'ý astir........ 300I ~M uaager.· ... ... ...........1 50 . Gi. IP()SIPLCT US OF Tie ]4au1Siali&!I. lý . p:dedN rcn to eatablsh another T" - .r an nal in New Orleaua, ,l); of the LoruviIRIAM , Snte'e'eity which ham ", ,..,J; ,. ^ .:. borln't inic14 pIeinfiue - t,;, 1,: 1'lie tra:isj,;tioi Matte u t: 1i'r striuglingefforts INti-.t u ill thle Bhody ,' .. wl~u-l, we mneei' to hIe their r"ý it ;a r, ,e~r1"o that mou-t infor A:¶ )+, gulaJrr""., euoouragegtent. n-1,4 du1 1 reproof have Hxetl' 1owt, in ,:reMri'oeflM of the lak of a moeium, ba ic li thtWeee dee'iCienci might ,m nl1'"1. We Ahalietrivo to sake ý.·. ? ,T"O.4eN1A.a A dsjeid rturn in then POLICY. rncr Imootto izdZc('ateR, thi Lou"I N-iX&ha.d 1" Re1~ ? "e1+ dr all ".»J'"n"/ roll cir4.",.rtkmL., , in, es Wt ,,d, ~'brr~aa l b ~ Vie~g nlc~jp e.Ioaxt.ei tho0 peurity 'nen enjony >o b f hre deiii liberty. tiui aineo ,.-;p>elity of itI inin iwtorrt t.h:, lHsw. ,i.n irnp'rniel (ifiribuuuo of b1 :, t and patIon Rg to all, who nerit i' +.ir~me of elln-eying aniuDoexities, of ,'".reting tho memory of the biter + rttf 7irnmotdng harniony and union s. c;g ill dama aind betwee~n el inu .""r. a hhadl advoeast the removal Sutical dizehilitiee , fhate'r kind -- i forhearanneui, where malignity ,: rs-l-'ntnent rteignsd, and meek for .;."...-·sd juitiee shere wrong and ',,non prevaiesd. TLus united in ::r 5io, :end objeseet, we shall eonwerv. K.f , iriti~rc4s, elevate our noble' to an enviable position among *.-lr Mq'etas, by the development . ,uueitale reeaourees, and slecurte ' ':' aetits of the mighty ebangeF, Si iry and condition of the i a-i" .:il the Country. L,"; , win that theirs can be no trne J:L.v *AtiF~Iit %he auprsmlaevc of law·, eL·~ul:ri' a ht~riet alud undiacrimi :"n; Mjflin~i.lrtiofl of justieo. 'fs. s'ipp oll'rt tlce~ doe~truinc f ii;:' of l:l~ uf tnst;eticslalilongr r-~':I. ~' ·)uc~ ii the' tiXI)c·tli U''' M], tnte· or Con~ntrv' andl the-/ - '~i· of eC'erj legitimate obliga-; m)UTCATION. 7ri2::. e;1( rin thne cdrr~l'ing oto ')-.. booI~l emS~cl~tem, send urgeh ~A~ "feL~;~ int didv th. edu~rcation o~f es ''Ui, vit!ilyl cnlnctd\ w~ithl :" £ "'Illcl iclln, rld thle wcei :' I "k: ~~ility of a Republican FINAL ~~'liortu,l mnlyl, independent, O 'eUi'r paper', from an ephem ~' ndLeipom, oisesboe, andi btihhh it upon a bariq, that if wpe~ *I~i 'ehidi1in~d.'~ weC shal at all I LTel~ AND, LITBiOGJA-I 60C Camp"I Strooct, )wEW oULriNS, POETRY. F.ITIILESS NELLY GRAY. Ben Rattle was a soldier bold, And un.ed to war's alarms; But a cannon-ball took off his legs, S So he led down his arms. Now, as they bore hitm off the field, iSaid he, "Let others shoot; For h,.re I leave muy second leg. And the Forty-eocond foot." The aramy surgeons made him limbs; Said he, 'lThey're only pegs, But they're as wooden membel quite As represent my legs." Now Ben, he loved a pretty maid, HIer uine was Nelly Gray; So he went to ply her his devoirs, When he'd 'dertvr'd his IUly. But when he called on Nelly Gray, She miade him quite a scoff, And when she saw his wooden legs, Began to takc tciat off. "Oh Nelly Gray ! oh Nelly Gray ! Is ti;.s your love so warm? This love that loves a scarlet coat Should be more unifnm." Said she, "I loved a .oldier once, For he was blithe and brave; But I will never have a man With both legs in the grave. Before you had these tiaber toes, Your love I did allow, But then, you know, you stand upon Anothr .o,,'i,.j now. Oh fe!se and fickle Folly Gray, I knoa u- y you rtfu',e: Thtugl' I vc. no . i, ,vhr man Ia standingl: in may rsoes. 'I wish I ne'er had seen your face; But now, a long fareweil l For you will ie my death; -alas ! You will not be my Nell!" Now when he went from Nelly Gray, Ilis heart so heavy got. And life was subh a burden grown, It made him take a knot. So, round his melancholy n.ck A rote did he entwine, And for the sxe',nd time in life, Enlisted in the Line. One end he tied around a beam, And then removed his p'egs And. as his h/:s we,r 4., of course, lb soon was ,f Lis li',:js. And there h, hung till he was lead As any nail in town : For thouh,' diitr.ss Lad cutt hmu qI', It could not cut him ,lou,,. 4ot' enth )istriet ('ourlt. S!.i'iorTNT TO MuERCIItts A.'1 BANK nys--Juv-b CoI.uss Diornt. THAT ALTHOUGH A EIRCH('IIANT 8TtIS 1 Pa'MKE T OF HIor C'IIC(K, HF. I H .TII.I. LIAn.E TO THE BANK FIOtI.ULD THE SAME BE P1AID. The court has delivered the fol lowing opinion, which will be found of intytrest to the business commu nity: New Orl~aus Canal and Banking Company' vs. Stewart & Richardson. The pl:intiffs, who are bankers, sue defendlants on a balance of account of deposits. In this account there' is a charge of $3500, amount of a check drawn 12th November, 1869, to the order of and indorsed by Huger & kin. If this chek weret not charged the balance would be in favor of defendants insteuad of being against them. On the 12th November defend ants loancdi this check to Huger & Bein, whose check for a like amount, on the Crescent City Bank, they took in exchangeo. Bfore the pre sentation of defendants' check to the Canal Bank they- were informed that Huger & Bein were in failing circumstances, and they inumediately gave the Canal Bank a written not ee not to pay the check they hadl drawn on it, and the paying teller promised to conform to this inhibition; but afterward, on the 13th, at the usual hour for settling balances between the banks, de fcndants' check was inadLerta7tly pIaid to the Crescent City Bank, :ad marked accordingly. It ap pears that as soon as Huger & 3ein received defendants' check, they indorsed it, in due course of busi n ~se, anI for a valuable considera tion to the Crescent City Bank, who were at all times ignorsnt of the equities between the original parties. Story on Promissorxy Notes, par. 488, siys of cheeks: "Where they are made payable to a particular person only, they are not negotiable; where they are payable to order, they are negotiable by indorsement, and where they are payable to Ibearer, they are negotiable by mere delivery. Is OLeg FRa'g ,tQe have the precise qualities and ef fects of bills of exchange." Kent, vol. 3, p. 75, 4th ed., says of a check : "It is transferable like a bill of exchange ;" mad Story on Promissory Notes. par. 491, says : "It is a well known rule of law that a bill of exchange or a promissory note taken after the day of payment, or, as the common phrase is, when it is overdue, subjects the holder to all the equities attaching to it in the hands of the party from whom he receives it. But this rule does not apply to a check, for it is not treat ed as overdue, although it is taken by the holder some days after its date, and is payable on demand. On the contrary, the holder in such a case takes it subject to no equities, of which he had not at the time notice," etc. It is therefore certain that the defendants could not have success fully resisted an action brought against them by the Crescent City Bank, had the Canal Bank refused payment as intended. On the other hand, we learn from Morse on Banks and Banking, p. 278, that "a check is simply a writ ten order of a depositor to his bank to make a certain payment. It is executory, and as such it is of course revocable at any time before the bank has committed itself to pay it. The bank is the drawer's agent. Its primary duty is to hold or pay his money as he directs. .Primarily it owes no duty to the holder, except under and by the directions from the drawer. * * * Of course so long as the drawer retains the right to countermand payment upon a check, he retains the right to draw oat any funds to his credit on which the bank has no lien. The question in each case alike is merely of hiis right to control the deposit. This right he lp)(sscs5'es until the bank has pail it out., or promised, or be conce b,, undl to pay it out. * * * It. is a matter of no consequence Ihow many chec's are with the Iank outstanding in the hands of his creditors at the time of his counter directions, or demand pay ,mnct of the whole fund to himself. [lhe bank is not and has no right to constitute itself the agent of these parties, however honest may be their claims, or hard their case. It not only owes them no duty, but it has not even any legal power to act in their behalf." These rules do not materially dif fer from those which define the duties of a drawee of a bill of ex change in regard to the drawer, or other agent in regard to his princi pal. These rules are prescribed by the law of mandate. Hence, like any other agent, the drawee of a check is primarily under no obliga tion or liability to third persons. Hence, also, he cannot by an act ,lone after his mandate is revok.d., or done beyond or contrary to it, bind his principal to third parties so as to give them rights which they wou;d not otherwise have against that principal. On the other hand the rights third parties have against the principal cannot be impaired or changed by his own arbitrary act or that of his agent or by the revocation of the mandate. It is only the mandate that the principal may revoke, not his own obligation or liability; as, for in stance, his original abligation to the payes of the check, or his liability to an innocent transferee. The re vocation of the banker, or other agent's authority to pay, neither in crease or diminishes, nor does it extinguish the obligation of the drawer, whatever it may be. Hence, tile only consequence of such a re vocation is, that the drawer or prin cipal, if, indeed, he is lawfully in debted on liable, must, in proper person, make the payment, since he will not allow his agent to do so for him. If then the hability of defendants to the Crescent City Bank was not impaired, changed or extinguished by the revocation of the banker's authority to pay, what is the effect of the payment inadvertently made by the plaintiffs ? Are the plaintiffsr to profit by this? Are they to be put in a better and more advanta-" geoue situation than they would have been in, had their agent been more carefuJ, complied more strictly to instrnetion, and rsfush d to pay Bank? I think not; for while that payment ought not to make their condition worse, it ought not, ac cording to the equitable principles expressly enacted in the Civil Code, work an improvement of their con dition, and enable them to make their agent suffer a loss which they would otherwise have been obliged to incur. As it is unjust that they should be damaged by an act which they forbade, so is it inconsistent that they should reap advantages from an act which they repudiate. The plaintiffs action is an equit able one, and Art. 1960 should be applied in the case. It makes the Christian principles of equity a part of our law ; and declares that "no one ought to enrich himself at the expense of another. Article 2130, referred to by the court during the argument, cannot effect this case, because the plantiffs did not act, in form or intention, according to the terms of that ar ticle. They did not propose to dis-j charge defendants' obligation to the Crescent City Bank, or to acquire an action against the defendants. The payment and cancelment of the check was accidental. It was affect ed in a moment of inattention, such as will sometimes happen to the most careful persons. Besides, the article referred to can hardly ever take effect in regard to commercial paper which passes from one holder to the other, by mere indorsement or delivery, without discharging the parties, but, on the contrary, valid ly "changing the creditor." Judgment for plaintiffs as prayed for, and rejecting defendants' de mand in reconvention. LAWS OF THE STATE OF LOUISIANA. PUBLISHIIED BY AUTHORITY. [No. I06. An Act Relative to the New Orleans and Northeastern Railroad Company, to provide for the extension of the main line of their railroad to the city of New Orleans, for the building of one or more branches to the main line of said railroad, to regulate judicial proceedings in certain cases, and to facilitate and aid the construction and secure the maintenance of said railroad within the State of Lou isian. SECTIOx 1. Be it enacted by the Senate and House of Representa tives of the State of Louisiana in General Assembly convened, That the New Orleans and Northeastern Railroad Company, a corporation organized and existing under and by virtue of its acts of incorpora tion duly enacted by the Legisla tures of the States of Louisiana and Mississippi, is hereby authorized and empowered to locate, construct and build, and thereafter to own, manage, maintain and use, by run ning thereon its engines, cars and trains of cars a railroad, with one or more tracks with suitable turn-onts from the town of Lewisburg, across Lake Pontchartrain, to the city of New Orleans; to locate, construct and build, and thereafter to own, manage and use, by running there on its engines, ears and trains of cars, a railroad, with one or more tracks, and suitable turnouts from the lake shore, in the centre of St. Louis street to the Mhtairie road; thence across, along and upon in tervening streets.and grounds, in tersecting Bienville street at or near Anthony street; thence along Bienville street to Claiborne street; or they shall have the right to s lect an adjoining street or streets to carry out the purposes of this act as far up as Common street or in tervening streets, and on such a rout or course as may be deemed necessary by a majority of the board of directors of said company most proper, expedient or necessary, and best adapted for the public ac commodation; and there is hereby g-anted to saL railroad company tie right to lceate, construct, main -a n, manage and use p'. enger and freight depots, with oflies and apcartmtnts, and for al other par. poses for the tranasetioa of its legit imate business upon any grnoads h-s.. Binvril asibam . Cmsl and Prienr streets, in the city of New Orleans, or between Canal, Rampart, Common and Marias streets, in said city; provided, said company shall not occupy the pri vate property of individuals until said company shall have acquire the title thereto and provided, that in the construction of said railroads through the city of New Orleans, the said company shall not, in any manner, obstruct, or impair the drainage of the streets, along, upon or across which the said part of said railroad is hereby authorized to be located; and that the said company shall at all times, in the construc tion and maintenance of the said part of said railroad, conform with the levels and grades to be estab lished by the City Surveyor of the city of New Orleans, whose duty it shall be to furnish such grades and levels when required by said com pany; and whenever it requires or finds it necessary to cover the chan nel of any drain, the sides thereof shall first be protected with bricks or wood in a good and substantial manner, and such covered channel shall be kept in repair, open and clear for the passage of water by said company; and the said part of said railroad shall be so constructed and maintained as not to unneces sarily impair the usefulness of any street, or impede the traffic thereon. To locate, construct and build, and thereafter to own, manage, main tain and use, by running thereon its engines, cars, and trains of cars, a branch railroad with one or more tracks and suitable turnouts, from the main line of said railroad, in the parish atf St. Tammany to Pont chatoula, in such a course or rout as may be deemed necessary by a majority of the directors of said company, so as to form a connec tion with the New Orleans, Jackson and Great Northern railroad, and also with the New Orleans, Baton Rouge and Vicksburg railroad, and that the said company is hereby authorized to cross, intersect, join and unite its railroads with any other railroad heretofore or here after constructed in the State of Louisiana, at any point upon its main route or branches, and upon the ground of said railroad compa ny, with the necessary turnouts, sidings, switches, and other con veniences, in furtherance of the ob jects of its connections: and every railroad company in the State of Louisiana whose railroad shall here after intersected by the railroads of this company shall unite with it in forming such connections and inter sections, and grant the facilities aforesaid; and if the said railroad company can not agree upon the points and manner of such cressing, intersection, and the division and apportionment of the cost and ex pense of the same between said companies, the same shall be ascer tained and determined by commis sioners appointed by court as here inafter provided in this act in re spect to acquiring title to real es tate. Sec. 2. Be it furtherenacted, etc., That the said New Orleans and Northeastern Railroad Company be and it is hereby authorized to lay out its said railroad and branchee, and to construct the same, not ex ceeding two hundred feet in width, upon any lands belonging to the State of Louisiana and to take, hold and use, for the purpose of neoes ary depots, stations, cuttings, turn outs, and for obtaining materials for the construction of its said railroads, any lands of the State of Louisiana lying along or upon, or adjaeent to the route or eourse of maid railroad that may be neceseary for the eon struaction, mainteaanee and security of said railroads,provided, however, that ony and all damages that may be occasioned or that may arise to any person, corporation or soco tion other than the State of Loui inna, by the taking and using of sch lands and materials for the use of said company, as aforesaid, shall be asesad and paid for by said company as hereinsfter provided in this act To constrnct and maintain its said railroad and branches, or any part ofthe same, and to have the right of way therefor acrss, along or upon any wates, water courses, river, lake, bay, ialt,strsset, hihway,.tmapih or m.atwitehi tbe 8st.bo LTuisia whih the course of said railroad may inter sect, touch or cross, provided the said company shall'presesrve any water course, street, highway, turn pike or canal which its said rail roads may so pass upon, along, in tersect, touch or cross, so as not to impair its usefulness to the public unnecessarily ; or if temporarily impaired in and during the con struction of sail railroad, the said company shall restore the same to its former state, or to such a state that its usefulness and convenience to the public shall not be unneces sarily impaired or injured ; and it is also provided, that said company is authorized and empowered to construct and maintained its said railroads over and across the waters of the State of Louisiana known as Lake Pontchartrain, and other streams and bayous between Lew isburg and Pearl rivers, and Pearl river by bridges. There shall be constructed and maintained by said company two drawbridges, one of which shall be located three miles from the southern shore, and an other three miles from the northern shore of Lake Pontchartrain, which when opened, shall give a clear space for the passage of vessels of not less than one hundred feet in width ; and in the channel of Pearl river the said company shall con struct and maintain a drawbridge which, when open, shall give clear space for the passage of vessels of not less than sixty feet in width; and said company, after the con struction of the said drawbridge or drawbridges, shall at all times pro vide thereafter that said draw bridges shall be opened for the pas sage of and all vessels seeking to pass through the same without un necessary delay. SEC. 3. Be it further enacted, etc., That said company is hereby author ized and empowered to transport, carry and convey persons and pro perty on said railroads or either of them; build and maintain a line of magnetic telegraph, and to operate the same along the lines of said rail roads, and to receive for such trans portation, carrying, conveying and telegraphing, such tolls and charges as shall be established, fixed and regulated by the directors of said railroad company. SEc. 4. Be it further enacted etc., That the capital stock of said New Orleans and Northeastern Railroad Company be and the same is here by increased to six millions of do! lars, divided into sixty thousand shares of one hundred dollars each and at the next general election for directors, the stockholders shall elect nine directors, and the same number at every succeeding elec tion; and that the charter of said company be made perpetual SEc. 5. Be it further enacted, etc., That the said company is hereby authorized and empowered to ob tain by grant, or otherwise, from any incorporated city or yillage within the State of Louisiana, that may be situated upon its railroad, any rights, privileges or franchises that s id incorporated city or vil lage may choose to grant in refer ence to the construction, mainte nance and management of the rail roads of said company, its depots, cars, locomotives, and its business within the limits of such incorpora (ted city or village, and any sueach in corporated city or village heren before named is hereby authorited and empowered to grant to said company any such rights, privileges and franchises when granted to, anl accepted by said company, from any such incorporated city or village, shma:l1 be deemed and taken as rights, privileges sad franchises vested and confirmed in said compa ny, and not liable to be hereafter revoked, changed, ignored or im paired, except with the consent of said ompany" Sec 6. Be it frther enacted, etc., That said company, being hereby authorized to purchase, eseire and hold such real estate as may be necessary and convenient in ocom plishing the objects for which said oumpony is organised, it may, by its agents, surveyors, engineers and rserantes, entr upon all lands a.d tenements through which it spay comlud. to make maeh railkwds, and smrvey, lay oat and constra-tt-s same, and may agree sad contract coRIIUWrD o0 oRITI rMn] RATES OF ADVEIT.IMING. Square 1 ac 3 mo 'Inoi "inm 1 m r One $4 $7 S ' $12 Ir Two 7 9 12 s, i T Three 9 12 L. 35 .0 Four ,15 25 : t T;, Five 90 85 4. t,) M, S ix 24 42 )' 17 10 1 Column.j 45 80 1219 1 250 Transient advertiements, E: 5t per square mnt ineartion; each sui;j.,.,. " insertion, 75 cents. All business aoees of alvcrti=ccents? to be charged twenty cents I ,,r lino Cacd! infertic e. JoB Pu, mrro executed with iL. ,t,.ce and ch. Wedding Cards executed in a~ r-!rce. ith prey in_ fashions. Fueal Notioes printed ou., t!r·-e!s: c tioe and with quickest diasptcih. JOHN B. HOWARD. Law .ousCe, 26 St. Charles Street 2; Prompt attention give, t.o c: .vi business in the several caurtu ,f taL State. A. P. Fields. &Robert ),i:ol Attorneys and Councellors at Law, .N'. 9 Commenrcial Plate, 2nd Fi'b1er. -o I"0'Strict Attention to all Ci'.'. al Criminal busineess in the State and Unit.' I States Court. --- ---- -.... -7- IN\I'R.ILNIE COMPANfIIS-B.: v: - LOUISIANA MUTUAL INSURANCE COMPA NY orrICE, No. 120 coxmow meawr. INSURES FIRE, MARINB AND RIVER RISKS AND PATS LORSTAB IN New Orleans, New York, LicerpoI London, Havre, Paris, or Bremen, at the option of the insured. CHARLES BRIGGS. President. A. CARRIERE, Vioe-President. J. P. Beox, Secretary. .E M P IR .E MUTUAL LIFE INSURANCZ COMPANY OF THE CITY OF EW TORE NO. 139 BROADWAY. Orzmcas G o. W: Smiih. I ice Pres Bi. . IfllM Scribner. Prea., L. H. Welers. Acdynj. Sidney ii Woful. .elcy., &re tt (bpp. ,upi. Age.cs. T. K. Maly. MeaL Zemr., Agents Nev Orleans rNmcue A ,rrozna fTE FIEE|IIN 'i SIATINCG " AND TRUST COMPANY Chartered by the United States Government, March, PRIxCIPAL OFFICE, WEIEOTO;, D. C. D. L. EATON. ....Actary.r BRANCH AT hNEW ORLEANS LA. 114 Caronddelet Street. C, D. STURTEVANT, Cashier. Bank Hours..........L9 A. . to .r Saturday Nights........ to 8 o'eek ThImoan Jt. Ermmr , Edrtisastr; -AND- General Commission Merchant. Agent for the sle of real RaWt etc., OUT Doon sU3s 35WPtr UIAD We OFFICE AND SAJ&E&-BOOM,. 168 POYDRAS STREET, NEW ORLEAN~t LA. Meares. Geo. W. Ryua, & Goa, Steel, Pinatard A e., John O. Beekleler ml statnr t1> CANAL STRREEL Jer Odes JaXleina