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Burlington, Chittenden County, Vermont
What is this article about?
Mississippi Loco-Foco candidates A. G. Brown for governor, Roger Barton for U.S. Senate, and ex-Parson Hammett for Congress owe substantial debts to the Union Bank, whose bonds they favor repudiating, potentially relieving them of $65,617, $6,260, and $1,000 respectively.
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Domestic News Details
Primary Location
Mississippi
Key Persons
Outcome
a. g. brown liable for $65,617; roger barton for $6,260; ex-parson hammett for $1,000; all potentially relieved by repudiation of union bank bonds.
Event Details
A. G. Brown borrowed $15,000 as principal and is liable as endorser for $50,647 from the Union Bank, whose bonds he now favors repudiating. Roger Barton is liable as endorser for $6,260. Ex-Parson Hammett is liable for $1,000, half as principal and half as endorser. These Loco-Foco candidates support repudiation, which would eliminate their debts.