John McLean

“ No court can sanction the violation of a trust, but will always act on the presumption that it will be faithfully executed. And this is especially the case when the trust is vested in a state, which is not amenable to judicial process. To hold that the state of Arkansas is bound, under the provision in the charter of the bank, to receive its notes in payment for the Seminary lands, would violate the trust, as it would greatly reduce the fund. ”

“ Should the money be invested by the state, and lost, it would be responsible for it. No hazard incurred in the appropriation or use of this money could exonerate the state from faithfully carrying out the object for which the fund was originally constituted. ”