McDonough County IL Archives History - Books .....1857-1860 - Chapter XVI 1878 ************************************************ Copyright. All rights reserved. http://www.usgwarchives.net/copyright.htm http://www.usgwarchives.net/il/ilfiles.htm ************************************************ File contributed for use in USGenWeb Archives by: Joy Fisher sdgenweb@yahoo.com December 1, 2007, 8:17 pm Book Title: History Of McDonough County CHAPTER XVI. 1857-1860. A called meeting of the Board of Supervisors was held May 11, 1857, and continued in session three days. This was the first meeting ever held by the Board. John Price, of Eldorado, was elected Chairman pro tem., after which Jonathan H. Baker was elected permanent Chairman. Rules were adopted for the government of the Board, and business at once proceeded with. The following named persons responded to their names: John Price, Eldorado; James H. Epperson, New Salem; Samuel H. McCandless, Mound; Alonzo L. Kimber, Prairie City; Joel Pennington, Industry; Isaac P. Monfort, Scotland; Jonathan H. Baker, Spring Creek; D. I. Dungan, Walnut Grove; James H. Dunsworth, Eagle Town; Isaac McCowan, Erin Town; William Heath, Sciota; James Maguire, Macomb; John S. Holliday, Lamoine; Stephen A. White, Tennessee; Ebenezer N. Hicks, Rock Creek; William W. Moss, Blandinsville. George A. Taylor, Sheriff, and Isaac Grantham, Clerk, were also present. For several years previous to this time our county had enjoyed a season of unexampled prosperity. Emigration had poured in, and in less than five years we had more than doubled our population. The speculative fever raged high, and real estate advanced in a marvelous degree. Land which, before the railroad was projected, would not bring the government price, $1.25 per acre, now ranged from $10 to $30, and that, too, without improvements of any kind. Town lots which before went begging at from $25 to $50, readily sold at from $200 to $500. Laborers were in great demand, buildings were erected by the hundred, and all seemed on the high road to wealth. In the year 1856 William H. Randolph & Co. opened a banking and exchange office in Macomb, and in an evil hour took stock to the amount of $20,000 in what afterwards proved to be a wild cat bank of the worst species. The county was flooded with the issues of this bank, though not all being of the series assumed by Messrs. Randolph & Co. The name of this institution was the Nemaha Valley Bank, having a large number of stockholders throughout the county. Its plan of doing business was substantially as follows: Its stock was divided into a certain number of shares and sold to parties desiring them, the purchaser being entitled to a certain amount of the bills of the bank in proportion to the number of shares held. The bills held by each contributing purchaser constituted a series for which he was only to be held responsible, each redeeming the series assigned to himself. Arrangements were entered into by the holders of the different series to redeem the notes of each other when presented for payment, and sending them in for redemption. This arrangement served to strengthen the confidence of the people in their stability. This county was also flooded with the notes of the Platte Valley Bank, another institution of the same wild cat species. When the crash in 1858 came the notes of these banks were at once presented to the different depositories for redemption. Messrs. Randolph & Co., though having out but $20,000, continued to redeem until they had paid out over $25,000, and, then becoming satisfied that they would never be enabled to obtain anything from McCoy, the owner of the Nemaha Valley Bank, they were forced to suspend. Mr. Randolph's loss, we are reliably informed, was not less than $100,000 directly, and as much more indirectly, in consequences of the sacrifices he was compelled to make. The failure of Messrs. Randolph & Co., in connection with the panic throughout the whole country, operated heavily against the interests of this county. Nearly all public and private improvements were suspended; mechanics and laboring men were thrown out of employment; real estate depreciated in value, and mortgages given for securing payment on land were foreclosed, and the sufferings of the people were very general. Notwithstanding all this, they soon rallied, and an era of prosperity began again. The Board of Supervisors, at its first session, placed the license for the sale of intoxicating liquors at $300 per annum. Petition after petition was sent in during the year, and an effort was made by some of the Board to reduce the amount. Like the unfortunate woman with the unjust judge, they continued to plead until the patience of the members gave way and the license was made $50. On account of the large amount of repairs necessary to be made on the poor farm, an order was made at the September term of the Board to sell it, provided it could be sold for not less than $30 per acre. Eighty and one-third acres were afterward sold at this price. A clause in the charter of the city of Macomb, relieving it from taxation for county purposes, has always been a source of great trouble to the Board of Supervisors. The following is the provision of the charter in question: The county of McDonough shall be exempt from the support of any citizen of said city who may become a pauper, but the City Council shall provide for the support and care of all paupers belonging to said city and pass such ordinances and regulations as they shall deem proper for the purpose thereof. The City Council shall also provide for the payment of all costs in the Circuit Court of McDonough county for the conviction of any citizen of said city for any criminal offense, and the prosecuting attorney's fees and jailor's fees, in case the same cannot be collected from the offenders. Or the City Council may provide for the payment to the county of McDonough, annually, of such sums as will be a fair proportion of the expenses of the county for the Circuit Court of said county—the amount to be fixed by the City Council and the County Court of said county, and to be apportioned equitably and justly. In the consideration of the support of paupers and the payment of the expenses and costs aforesaid, all the real estate within said city and all the personal property of the inhabitants of said city shall be exempt from all taxes for county purposes, except for paying the interest and finally the principal of the bonds of McDonough county, issued or hereafter to be issued as subscriptions for railroad stocks: provided, that, upon the final payment of any such bonds, the said city shall be entitled to a pro rata amount of the stock for which they were given with said county, according to the amount paid therefor by said city. In one way or another, at nearly every meeting of the Board, questions would arise with reference to this matter. The Board finally asked the State Legislature to repeal this clause of the city charter, which was accordingly done. By the contract with the Northern Cross railroad, the bonds and coupons given in aid of the said road, were made payable in New York. At the September term, 1859, of the Board of Supervisors, it was ordered that the coupons, due the following January, should be paid as usual. At the December term this order was rescinded, in consequence of a decision having been rendered by the Supreme Court of the State declaring that cities and counties have no right to make bonds issued in aid of railroads payable in the city of New York, (See 22 Ill. R., pp. 147), and that counties and cities, by such decision, are not legally bound on contracts to pay moneys anywhere else than at the city or county treasury. Contracts made to pay such indebtedness elsewhere than at said treasury are void, as the statutes of the State of Illinois do not authorize cities and counties to make a contract payable at any other place than at their treasury. (See 22 Ill. R., pp. 147-156.) In March, 1860, in the Supreme Court, or the United States District Court, suit was commenced by Van Hoffman et al. against the county. At the June term of the Board of Supervisors Hon. James M. Campbell was authorized to employ counsel, and, in the name of the county, to defend this suit. Mr. Campbell employed Messrs. Goudy & Waite, of Chicago, to take charge of the case. Before a trial was had the Supreme Court of the State, in a trial between Johnson vs. Stark County, in a great measure overruled and revised the above decision. On learning this, Messrs. Goudy & Waite advised Mr. Campbell to pay the judgment which would be rendered against the county in the case, and it was accordingly done. We cannot help but disapprove the action of our Board of Supervisors in this case. We think they did wrong in attempting to shirk the payment of a just debt in the manner called for in the contract. It may be offered in extenuation that the directors of the railroad had defrauded the county out of the stock taken by it, but this would first have to be proven before it could be made to appear as a justification. At the December (1860) meeting of the Board, Mr. Hendricks, of Macomb, offered the following resolution, which, on motion, was adopted: Resolved, That the Board of Supervisors of the County of McDonough, Illinois, respectfully recommend to the favorable consideration of the Legislature of this State, at its next session, the passage of a law for the relief of the tax-payers of the State. That the Clerk of this Board be directed to forward copies of this resolution to our members of the Senate and House of Representatives. Everything then was at a low price; mechanics and laboring men were out of employment; gold and silver was at a premium, and great difficulty was experienced in. obtaining enough to pay taxes. In view of this fact, Mr. Hendricks, at the same session, offered the following resolution: WHEREAS, Pending the crisis of affairs in this county, the low prices of products of the farmers, and want of employment for the mechanics and laborers, the citizens and tax-payers labor under great disadvantage in procuring gold and silver to pay their taxes; therefore, Resolved. That the County Treasurer, Township Treasurer, and Town Collector be, and they are hereby, requested to receive in payment of the county revenues, town, school, and road tax the bankable currency of the banks of this State, which are recognized as having fully complied with the laws of Illinois, to the satisfaction of the State Auditor: and that the collectors of towns above alluded to be required to pay over to the county treasury every week the collections each may have made in currency. The resolution was not adopted, but in lieu thereof the following: Resolved, That the several Town Collectors and the County Treasurer be, and they are hereby, requested to receive from and after January 28,1861, in pay for county, school and town taxes, until the fifteenth day of March next, the notes of all solvent banks of the State of Illinois, the stockholders and officers of which have fully complied with the laws of this State; and said Town Collectors are hereby requested to pay over weekly to the County Treasurer all such sums as they may collect as aforesaid. In 1858 there was a great fall of rain, and the rivers and streams of the west, were higher than ever before known, save in 1844. Crooked creek swelled to the proportion of a good sized river. June 3, of this year, William H. Franklin, of Macomb, while returning home from Missouri on horseback, came to this stream near the Horace Head farm, west of town, and hardly knew whether to cross or not, but deciding to make the attempt he urged his horse into the water, hoping to strike on the bridge. Unfortunately he missed it, and went down into the water. His horse turned to go back, but the stone abutment at the end of the bridge rose perpendicular upon either side, making this impossible. He then resolved to sink his horse and swim for life. After swimming a short distance he reached some brush to which he clung for a moment or two, when, observing a huge drift of wood being swept toward him, he let go and struck out for a tree, the branches of which he observed above the water. Having on two coats and a pair of heavy boots he could scarcely swim at all, but managed to reach the point which he was endeavoring to make. Climbing the branches of the tree as far as possible, he still found himself in the water. Thinking he would never be able to reach the shore, he commenced hallooing as loud as possible, when his cries attracted the attention of a young son of Jesse Walker, who came down to the bank and answered his call. Mr. F. told him to go at once for his father, when he was informed he was in town; but the boy started for him. Meeting his father, the boy related the circumstances, when they both returned hurriedly to the stream. Mr. F., seeing the two could do nothing for him, told them to go to town and get six or eight hundred feet of rope and more help. About ten o'clock at night a large crowd from Macomb gathered on the bank and endeavored to cheer the almost drowning man with the assurance that they would soon rescue him. The current of the stream being so swift it was found impossible to reach him with the rope, when B. V. Martin and Orsamus Walker hurried back to town for the purpose of building a boat, while Andy Lewis, Benjamin Naylor and a man named Bromfield, went up the stream about three quarters of a mile, made a raft and floated down. Bromfield fell off the raft and was swept down the stream, but was rescued. The effort to reach the man with the raft proving fruitless, nothing could be done until the arrival of the boat, which arrived at about three o'clock the next morning. Having been in the water for some ten hours, it was with difficulty Mr. F. could get in the boat which was rowed out to meet him. He has no desire to meet with another like experience. The horse, after making several attempts, finally reached the shore some distance down the stream. Additional Comments: Extracted from: HISTORY OF MCDONOUGH COUNTY ILLINOIS, ITS CITIES, TOWNS AND VILLAGES, EARLY REMINISCENCES, PERSONAL INCIDENTS AND ANECDOTES, AND A COMPLETE BUSINESS DIRECTORY OF THE COUNTY. By S. J. CLARKE. SPRINGFIELD, ILL.: D. W. LUSK, STATE PRINTER AND BINDER. 1878. File at: http://files.usgwarchives.net/il/mcdonough/history/1878/historyo/18571860171gms.txt This file has been created by a form at http://www.genrecords.org/ilfiles/ File size: 14.5 Kb