Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1830-02-08
GEN I1isAL ASSEMBLY.
IN SENATE-FEn. 4.

IAeCuIi'c 10 arm the Militia of The 2ls Brigade, or
any portion thereof 3, Authorizing Jno. Hodges
and Samuel Haynes to erect a tO, brldre across the
wes.ern branch of Elizabeth River.
They have rejected ,ne OIL liking the allowances
OF Officers OF the Codrt of Appeals
HOUSE OF DELEGArES-F.p.s.
Mr. Mason OF Fred offered resolution instruct
ing the Comnittce OF Courts OF Justice to enqur.
INTO the cNpediency OF mAkipg amendment OF TIA.
Jaw OF landlord and icnanl--but 1t was rejected
Inc engrossed bill "au, horlzing d sale of the
iursace lands ia buckingham, read the Sd time
aud alter discussion by Messrs. ISuoey, Miller of
fowLulan, Rob, ttson, kives OF Compoeli, Wilson
ana GHrand VI Ne.sen, was rejected.
Inc bill inoklng au annual APPROPRIATION of $4,000
out oil the Literary Fund, read the ID TINS SID
g"r!cd by Aessrs Miller, " ilson, Minor Bryce, and
Fitzgerald, opposed by Mr. " iil.ans vi Henr,eo
Dut before any question as taken, tue ioasc apau
resolved Itself INTO Committee OF The Who!e, Mr
Miller IN the Cha.i tho bill 10 ro-cGarter CERTAIN
Banks
The question being on The proposition Of Mr..
hlVes " CUmpbeIi ~ reduce thy slary vi the Pre-
silent Of The NTg:na Eauk 10 $4,000 and or the
Brunch Presidenis TO 500 Csch--and The aulyud-
ment offered 20 that b. Mr.. BIZ &C, to empower the
treasurer representing the sIOch u the State to
vote on II, a. an ,ndyidual,
Mr.. Bryce now offered The following, Us subs,i-
tute to his ulne ndinent
la all meeting, tie stockholders. such person or person..
rha appointed from li.ns TO toe by or unde r. La
on' o'ner ha" mo appointment OF direc;o lave vote or
votes equal toone limo oi ali the giva meeting
; e.soiose >"''"'
MIR R'res 81 Campbell, now withdrew bis amend
mGni tor he present.
Mr. Bryce suid, II the proposition of the gentleman
nom Campbell Was wIthdIuwn, he should withdraw
his lie frankly a'owed that OBJ CT was o defeat
that amendment
MI Rires SAID, # that the ruse. ne renewed
bis mutton. The gentleman was sirald TO meet hls
amendment directly tie had avoWed 1t. By the
declare Ion mat he would propose his, ouly IN The
event OF HE Mr. Rives uelng offered Mo. RIves
proceeded 10 coinmcnt upon the great dlspropurton
OF the salaries ui tue PresdenLs TO their duties AMI
to the salaries Of other ocrrs-and the utor futltv
OF the attempt 10 reduce them by any othnr means
than provision OF the cnarter. Tne stockholders
mad long dnsired and sought l, III VAIN. They were
voted down by proxies held by the officers
MIR Bryce replied, and contenGed that the salaries
ought properly 20 be- ic to the stockholders who had
a night TO make them great small rs they pleased
lie explained THE peculiar talent that vas required
for the supefInIendcncy OF these Institutions, end
Expressed tbs bcie that the salaries were not to-
high
Mr. .Niror asked WHY the Commissioner or tho
Treasurer should have less power tins than 9th =
occasions! why should he have css power IN this
matter than in the appointment of Directors? Mr.
Minor SAID ne would never consent 10 give up Tho
sanitary power IN this cass which we rcLaineu III
regard to all other corporations.
Mr. Bryce sad, instead Of dininlshinr the puJyer
OF the Treasurer, his amendmept conferred on hin.
power which he tad mol before. Tbs power was
gwen n III ADDITION 20 bis present power Of appoint
iug he Directory
M .ai,nor replied. 1.-THE power Of the Treasurer
was equivalent was, controlling The appoInt-
ment OF Directors Why not give biIa a same power
mere and make IT unlI0rnl'
br WtItrns of Eeurco, corrected some nissan
prelHnsIon- as To the power of the Treasurer. He
had not 5000 votes as stated, and he had on some
occasions been overrued the appointment OF DI-
rectors Save the appointment OF Directors, ihe
Treasurer by her present charter, had no power
whatsoever. The consequence OF the amendment
OF tkc gentleman from Goochand. Mr.. Bryce0
would be To give the Stac grc power, onn-ihird
o the votes, III questions where 1t had now no vote
or power vote equal TO one-third or the whole
vote, wous generally be controlling 1t could ro'
he desirable 10 retain greater power.
Mr. Minor replied and Mr HHii1ms explained.
Mr. Rires said that The aHendmen was mere
deluson IL did noihIng Itself but merely reserved
the right oflegislatIon hereafter. KS n illustrated
Its form remarks by views aud reference to
the old charter OF the Bank of Virginia.
Mr.. HO'0'c, while hc shond vote Tor the mend
nent of the gen eman from G1uchgnd vet thour nj
shat 1t conferred too much power on the State The
Bank was a JOINT stock company, vet IN all other
joint stock companies for any purpose, the State .e
famed poWerln he appointment "f Directors He
referred 10 the Farmers Bank, and 10 hat OF the u.
states as furnishing Hs analogy for the course here
attempted towards the Banl OF Virginia.
Tie question was then put and Nr. Grycc's amend-
mcnt caJricr- ayes 81, noes 80
The 7ih section being read, whch rnruirps tho
notes Of tn Bank Of Virginia be received IN pay
ments to tho State, Mr.. Goode rDovcd % smcnd as
follows:
If the said bank shall any fail or rch,s. to redeem,
us notes ~ gold or silver coin, shall longer re
cevaDe as Aforesaid On State paymcnis) Aud fe right
also hereby reserved TO the Legislature any time. provide
by law, that tue bulls SAID bank shall not rec
able ~ payments 10 the state
Mr.. GooSe explained the necessity for this amend
ment, and It was adopted nom. con.
MI Goode now moved section 10 the bill in
the following words;
BE it enacted, That nothing in this &c, contained
snail be so construed as to require the depos,tc IN the
Bank OF Virginia of any portion Of the public moneys
bOt that from and after the expiration of the term for
winch IT'S charter was extended NY the act entitled
AN act Tor extending the charter Of the Bank of Vir-
gina, a"d tor other purposes" passed January 2ib,
1871 II may and shall b., lawful for the Treasurer Ia
make deposcs IN sad Bank, not IS the public in
teres may seem TO hun require subject only to tho
control and directions Of the legislature.
MIR Mason ot Fred moved to omrnd tho amend.
ment by adding the following words to the 9TH sec.
ton IN" deposit of The money Of the commonwealth
shall he made m said Bank, AT any timo after sale
Bank shall cease to pay specie for It's notes. "wicf
words he proposed substitute for the new sector