ITEMS OF INTEREST October 30, 1909 ISSUE

ITEMS OF INTEREST

The Supreme Court of the United States last week refused to take cognizance in a case involving responsibility for a note given to pay a debt assumed in connection with a speculation on the stock exchange. The debt was contracted in Tennessee and a note was given with Mississippi real estate as security. The laws of both these states prohibit gambling, and it was contended that under such laws the note could not be collected. The United States Circuit Court of Appeals sustained this view, and the ruling of the Supreme Court upholds the finding of that court.

Governor Blackburn of the Canal Zone says: "The canal will certainly be completed by the latter part of 1913. They have thirty-six thousand men employed and are taking out four million yards of dirt every month. This is an increase of two hundred per cent over last year's record. The engineer corps says the canal will not be completed before 1915. I believe it will be finished two years earlier, because I have watched the work many months."

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