Supreme Court hears argument on bond interest fund
The Supreme Court heard both sides led by Attorney General Tessell and Treasurer Park on whether interest is part of the bonded debt and if the public property fund should pay it. Justice Blakley and Terrell urged a decision soon while Hall sought permission to argue.
MENTIONED IN THIS ARTICLE
Orville
Pelkut
Treasuer
JM Terie
Cand
Park
Wright
Terrell Vas
Hoth
Turrell
Blakley
Justice Simmons
Hall
Simmons
Mt Alread
Walch
Public Property Fund
Hill S Conde
Georgia
Department of Agriculture
Georggia
Hom
Stevens
Commissioner of Agriculture
Atlanta depot commission to meet soon after New Year
The Atlanta depot commission will convene in early January to outline plans for a new passenger depot. Governor Candler, as ex officio chair, aims to move quickly through railroad assent, plan advertising, bids, and contract awards, with work expected to start mid year while paying out as funds become available.
MENTIONED IN THIS ARTICLE
Atlanta
Cardler
Candler
Nety
Court Hearings Probe State Debt and Taxation Policy
Mr Terrell urged the court to follow U S Supreme Court rulings that interest on bonded debt must be taxed as part of the debt and argued the constitution 1877 would force the state into absurdity by locking up income from railroads and convict labor. He warned against treating the sinking fund as an indefinite mortgage and suggested sale of Western and Atlantic railroad could cover obligations. Justice Bleckley warned that principal debt drives interest and cautioned against legislative encroachment on funds.
MENTIONED IN THIS ARTICLE
General Assembly
Senate
Terrell
United States Supreme Court
Western and Atlantic Railroad
Treasury
Ture
Supreme Court
Northwestern Railroad
Justice Blackley
Bleckley
Blecklay
Bank robber outwits two detectives in dawn river chase
Two city detectives pursued a notorious bank robber known as Tom Smith eight miles from the city along the river. After a tip and a long cold ride in near zero weather, Smith escaped from a mill guard by leaping from a 22 foot drop and vanished, leaving $500 stolen from the Yesville bank in his overcoat pocket.
MENTIONED IN THIS ARTICLE
Douglasville
Fies
Nght
Pauice
Tom Smith
Deus Yesville
Smith
Simpson and White
Whittier Mills
Marietta
Enogh
Simpson
Old Bears Fund Debate Shapes State Constitution Case
The argument centers on using the public property fund to pay debt and interest, with Justice Bleckley noting 1838 transfers and the rule against paying interest alone. He supports applying the fund to principal or to principal and interest, while critics cite a scheme linked to killing off bears. The court recessed to decide. Hood's Sarsaparilla is praised for healthy blood and system support.
MENTIONED IN THIS ARTICLE
Joe Warren
Justice Bleckley
Public Property
Also Mentioned on This Page
Til
Bibb
Howell
Elle Pak
Pleckley
Foxy
Tessell
Terre
Depot Commission
Sitidowa
Josiah H McWhorter
Oglethorpe County
George G Johnson
Jefferson County
Joseph H McWhorter
Oglethorpe Scounty
Theumnby
Candler Alee
T. Williams
Jackson County
Matfie Bingham
Willams
Mrs Bingham
Candier
HB Stevens
Gheorgia
Geurga Commission
Buffalo
Charleston
Yeates
Curleston
Eic
Vaughn
John W Vaughn
Bibb County
Prison Commission
Tob Vaughn
Catoosa County
Catoosa
Superior Court
Kenny
Hood
Mama
Papa
Wwe
Iests
Cublanis Gna Pte Ean
King Hardware CO
Georgia Savings Bank & Trust CO
George M. Brown
Eugene
We Spalding
Joseph EP
Fosto
Man Treas
Payne & Tye
Attorneys
Joseph A. McCord
John Oliver
John A Miller
Hilan A Brown
Eugene C. Spalding
John L. Tye
George M Brown
South Broad St
Col
Alabama St
Seaboard Air Line Railway
Caroiinas
Virginia
Washington
D. C
Kimball House
Union Depot
WM. B. Clements
Atlanta, Ga
Atlanta, Knoxville and Northern Railway Company
Sail Company
Bank of the Manhattan Company
Wall Street
New York
Smth
Hammond & Smith
Prudentia
Atlanta, Knoxville and Northern Railway Coc
Henry K McHarg
Wiliam T. Newman
Circuit Court of the United States
Kelsey
Manhattan Fire Insurance
Temple Court
Felder & Rountries
Pias
C. D. Meador
Jas. L. Key
F. T. Ridge
Muwik-Hobant Co., Cepeuai Se Tat Oe Davies
Foote
Georgia Railroad
Igor
MaGill
Boeniame&romu
Empire Banu
Perers
Oda
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