Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1830-02-11
FRIDAY, Feb s.

FRIDAY, Feb 5.
Mr. Gilmer submitted he 10 GLOWING resolu-
lions
Whereas resolution has been heretofore
adopted by the General Assembly, requesting
the Executive 10 prepare aud transmit 10 The
Senators and RepIeseutati, es from this State
in Congress, "A statement showing The amount
OF unsaiisfed claims for lands belonging TO the
officers. soldiers and seh,neu Of The Virginia
State line, during The Rrvou ion, aud such
statement has been accordingly prepared and
administrative
Resoiued, unanimously, by the General rs
sembly. That The Senators representing this
State IN the Congress Of the United States, be
instructed aud the representatives, earnest y
requested, TO use their best exertions 10 procure
passage ol Lar" providing lor The SUBTRACTION
oil said cams, III such mode as may be deem
ed most ekuedient and proper.
Resoired, That the Executive he requested
TO procure ani 10 lay before thu next session oI
the General Assembly, all the information
which may be acquired in relation to the unsat-
Isfed claims of the officers aud sol Tiers aud
seamen of the Virginia State Line duiIng the
Revolution, TO military bounty lands within he
State oil krnlhchy aud TO ascertain as far AS
practicable. the present condition Of these
lands, aud the portion thereof which remain
Indicated"
On M. Cime,'s motion, the word " Uaani-
m0usly' WAS attached to the resolution.
The engrossed diIl TO provide for the con-
slruciion OF n ia,npike road from The Kandtda
Turnpike 10 Poiat Pleasant" wa, AIKEN up.
The qnss ion bel, taken on the passage Of
he bull, 1t was osl ayes 4S, noes l25.
The House then proceeded 10 execue the
order of the dav--ani resolved itselt into IA
com niuee OF the Whole. on the Bills re-char.
ter'ng tie Banks of Virginia, aud the Valley
Mr. Miller in he CHAR.
The bill Further To extend the charter of
the Bank OF Virginia, aud for other purposes E"
was taken up-and The Chair proceeded 10
read the hill section by sectioa-No amend
mept was offered 10 the bill, ulll the Sd section
was read as f5llows:
BE Il further enacted That in consideration
ofthe extension the said Charter, there shall
be paid TO the Common Vealth, On each share
Of ihr stock ofihc said Bank, held by other
Stockholders Than the Common wealth.
per cenlnm payable ny semi-annual' reserva
TONS OF - cents, at of - semi-annual divi-
denjs on each share belonging to other stock.
holders than the Commonwealth, CONNIE nc ing
in January, 1924, aud continuing ill The SAID
- per centnm, or the sum Of dollars,
shall br paid
M Bryce proposed in lieu of this section,
thr following d" BE il further enacted, that in
consideration Of the renewal and extension of
the Charter of the Bank as aforesaid, the said
Bank shall, on the first day of Nav, 1888, pay
into tn Treasury of the Comm ,nwealth ON
account ot the Literary Fund, the sum of
- Dollars, 10 be reimbursed TO the Bank
out oi the profits OF their Stock, other than that
NOW held ny the Commonwealth. or by the
Board OF Public Works. or by the Literary
Fund.
The aforesaid sum OF - Dollars is
hereby appropriated 10 the endowment of tue
College or Academy in each Senatorial Dis,
trici the same shall be apportloned equally
between them and APP lied al the times, and
IN the manner which shall be hereafter direct
e by law
Mr. b. ce supported his proposition by en-.
iarging upon the advantages OF completing the
contemplated Literary System of the Stale.
tie SAID that an appropriation had been made
Tor the University, and $4,000 annually TO
primary schools that thus the rich and the
poor we're provided for. But what became of
'he middle class 10 society, in which the great
mass ot he talents was 10 be found THAT il
was eAped,ent, therefore, TO complete our
system, by establishing intermediate Acade.
mics, and College- and thai il was with thi
OBJECT he had made lis proposition.
Mr.. Harvie opposed the amendment upon
the ground, that by the act Constituting the
Fund of Internal Improvement, all the bonus
for chartering or renewing Banks was Hppro.
pirate To that Fund-aud that no had no idea
ct changing its destInation--ihat when the
armrrs Bank was re- chartered an effort had
been made TO give the bonus Of $50 900 TO The
University, the effort had failed
MIR Mason of F also opposed the amend
the ground that this was not the
proper mode of Legislation that il was not
proper TO unite two such different objects in
The same bill-ihat the re -chartermg OF the
Bank was one ohiecI--the appropr iaiion of
the bonus was another-and that some mem.
Der might be induced TO vote against the
bill, because he dIsapproyed OF the destination
which u was TO receive. He commended that
he Two objects ought To be kept seperate-and
whether the charters are TO be renewed. and
hen the House might decide what was to be.
:ome of the money
Mr.. Bryce replied and indicated the course
IF Legislation which he was p,trsuing-con.
ending, that II was more important object,
ven than re-chartering The Bank to appropri.
lie the bonus TO the benefit of the middinp
lass of society, AMI drawing out the Literary
Treasure of the State
MIR kimbrough said, he was opposed to the
because il propose to dispose of
he money, before he House had the money.
lie moved TO amend the Amendment as follows:
'irike out the words, from Mr.. Brvce's n.
nendment, Paw into the Treasury of the
on account of the LITERARY
'"nd TO strike out the latter clause, and |
nbsttnie the words, " The aforesaid sum Of
- dollars. to be submitted to the future
isposal Of the General Assembly"
Mr.. Mason OF F. read the act for recharter.
'g the Farmers Bank-showing tina, the
o,oOo bonus was loaned 10 the UDiyersitv
y the Fund of laie,nal lmpro vement.
ha ,.ct. Il l.