14056. Mechanics and Laborers' Savings Bank of Jersey City (Jersey City, NJ)

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NEW-JERSEY STATE TOPICS. FROM GRANT TO McPHERSON. GENERAL GRANT'S RELATID TO THE STATE-OPINIONS IN THE COURT OF ERRORS-THE DEMOCRATIC FIGHT. "ROM THE REGULAR CORRESPONDENT OF THE TRIBUNE. TRENTON, N. J., July 26.-The only time New-Jersey has given its undivided electoral vote for a Republican candidate was to General Grant, and the associations of the State with him became intimate in time. He found it easy to makefriends with the people, and they were honored with his residence at Long Branch, his selection of & Cabinet officer from New-J ersey and his cheerful acceptance of the invitations which were given him to visit the State Fair, industrial exhibitions and such public gatherings. His mother lived for years at Elizabeth and so his family became rather wellknown. The strength of the Methodist Church in NewJersey and the General's association with that church, and frequent visits to Ocean Grove in the camp-meeting season strengthened the feeling that the State had more than a common claim upon him. His presence at the camp-meeting a year ago, when he attempted to reply to a greeting that was at once enthusiastic and touching. and broke down. overcome by emotion as he did so, was an incident which made a singularly deep impression at the time, and has been frequently recalled with feeling since. At Long Branch he was accorded a freedom from the espionage which is a curse of greatness that was especially pleasant to him and of which he often spoke to his New-Jersey friends. The Court of Errors and Appeals delivered opinions yesterday in the sultry chamber at the State House, where the six lay judges of the court seemed even sleepierand less interested in their perfunetory duties than usual, except Judge Patterson. the poet of the bench, who occasionally writes opinions, although a lay judge, and is always open to congratulation that he resists the temptation to run into rhyme. The court rendered one opinion of especial importance. The Chancellor had decided the suit of W. B. Williams, receiver of the Mechanics and Laborers' Savings Bank of Jersey City, against the directors in favor of the latter, holding that the receiver could not recover the bank's money lost by them. The Court does not verrule the Chancellor, but holds that the directors of a savings bank are responsible for all acts of committees appointed by them, unless they are able to prove that the committee's acts were not sanetioned. The presumption must be against the directors, according to the opinton, and they will be required to disprove their responsibility. The opinion was delivered by the Chief-Justice and unanimously concurred in by the Court. It will have a most important bearing on savings bank management generally, and upon the case of the Newark Savings Bank particularly. This case is now before Vice-Chancellor Bird, in a suit of the receiver. The Court of Errors failed to decide the contempt case against President Daniel Dodd of the same bank, having laid it over until next term, when an elaborate opinion is expected. Meanwhile, the receiver of the Newark bank makes slow progress toward securing the sums due depositors, amounting to 25 per cent. The bank has $4,000,000 interest in Chesapeake and Ohio securities and the receiver, Vice-Chancellor Van Fleet and Samuel Schoch, a capable railroad man, have gone to Virginia to investigate the affairs of the corporation. The case of Janeway & Co. against the Pennsylvania Railroad Company will probably be removed to the United States Court here. It is the suit of the firm for damages caused by the fire at New-Brunswick which destroyed the railroad bridge there last spring and swept away the Janeway factory and other buildings. The fire was caused by a collision between a freight and an oil train. The burning oil flowed into the canal and was carried down to the factory. The firm claims that theSloss of $150,000 and the damage to the business in consequence were due to the earelessness (in a legal sense) of the railroad company by the collision. The-large labor demonstration in Newark to-morrow has engaged the attention of the labor organizations of that vicinity. and some other parts of the State and of New-York. The parade will probably be a long one and there will be a plenic afterward. There seems to be no definite object, beyond demonstrating the strength of the unions, which have had some accessions lately. Labor troubles in New-Jersey have been few in number and not of a serious nature. The arrangements for the encampment of the First Brigade at Sea Girt are making rapid progress, The State inspection of the division shows a total of 3,329 on the muster rolls. The death of P. H. Watson has been seized upon by the advocates of Senator McPherson to demonstrate, with some remarkable and curious enthusiasm, that it would now be impossible to prove the alleged collusion on the part of the Senator. They seem determined to prove that the loss of Mr. Watson's personal statement, in addition to the memorandum, is an advantage to Mr. McPherson of incalculable value. The State House ring seems content to let this logic proceed to its inevitable conclusion. Since the death of Mr. Watson, Abrain S. Hewitt has become a person of much importance and public Lersor aside