Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1830-02-09

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y Tor the stockholders, and lie heped it would be 70
e methoered that the State wasthe largest stakeholder
: ne annual expenses of the Bank of Virgin wer,
Sio'ooo: The President at Richmond, received
salary OF 5000, and possessed the priviiegs of our
q SUNG any other vocation. This exceed ed the .xala
? RES OF the Judges of the Court of Appeals, requiret
70 81. 280 dsoys-lt doubled that of the Chancellor:
aud the Judges of the General Court. The Presi
! dent was charged with no official duty, but to preside
at the Board and sign notes. He. had some eype.
; Renee as d Director at one OF the branches, and lue
o1d not hesitate to say that their duties we're more
ouerous than those OF tile President. who merely
signed notes. The salaries of the branch presidents
were nnreasonable-s2o0 would be all ample com
pensation. And as to the President at Richmond
!, lie thought $4,000 would be ample.
Mr.. Minor supported the amendment. The Pre-.
sidenis kept no books-no bonds were required OF
tnein' ana their duties were exceedingly trivial, The
salaries Were too great-The pay of tlie.ofIicers of
The Bank OF VlrgIdii. were 3 or 4 per cent. upon the
dividends. MIR. nj. adverted TO the dispropaftion Of
.he salaries OF the Presidents compared 10 the COM
pensa.ions of State and Fodcfai Officers, and the
light duties they had to perform. He was for payinr
ofacers literally, but not extravagantIy.
MIR. .tason of Fred Thought. I'VE we're going too
far in regulating the salaries OF officers. If i, was
feared that as proxies they would regulate their
own salaries, he reminded The House, that in this
case the officers were forbidden to act as proxies.
authorize the preasurer TO vote for q reduction, but
do not, said Mr.. NJ, represent the stockholders, as
Well as the State. Ell III. replied 10 Nr. Minor on
the point Ut services rendered by Presidents: and
said that other than manual duties were expected.
AuteiiiSeHSe WIS Chpecteu nom flui-ueyOtlOl of
MUD to the interests ofthe nstitution-and a know
ledge of the financial situation of tie world. Gen
tiemen 10 doubt might be got for a moderate salary
TO preside and sign notes, but adequate men, who
came within the description above, could not lie
obtained.
Dir. Rryce moved to substitute the amendment.
by empowering the Treasurer, representing Ihe shares
OF the State, to vote upon the same as aD individual
stockholder.
Mr, Larrie said, it little became him TO saw anv
thinG-knoWn as 1t was, that he was a near relation
and al intimate friend of the President OF The Hans
OF Virginia. lie passed d warm encumipm UPON the
vigilance, services and capacity of' the President. and
repci,ed u supposed intimatior that he had welded the
influence of bis Office, for the extension of the char
ter Nc.-Nr. II. expressed himself III favor ofIhe
amendment offered BY the gentleman from Couch
land (Mr. Brycc)
Mr. .uiaor denied having minated auv tliDe IN
prejudice of the President of Tie Bank Of Virginia
upon whom he past an %euiogiuIi. As 10 tie amend
llent Of Mr.. Bryce, it was q rnockery-as the Trea-
surer voting as IN individual would have but thirty
votes.
Mr.. WooyfoIk addressed the House in explanation
alc vindication OF the remarks MADE by 1ir. Minor,
which he was sorry the gentleman from uenricu
lAr. HarvIeJ had so much misunderstood.
Mr.. Jat'or moved that the committee rise, report
progress and ask leave to sit again, and the motion
was ~carried-Ayes 81, noes ii.
Ihe Char reported Il communication from the I'd
Auditor, transmitting a resolution adopted by tic
Board of Putiic Works, which on motion OF Mr.
Rioes OF C.. was committed TO the Committee OF
Roads.
Reports were received from various committees.
mr. Haasbrough presented a memorial from tie
President and Board of the EappaIanuock co,arany.
which was referred.
Er. Whle of Rockbridge, moved that the House
meet ON MonJay at II O'Clock. ur. Grareiy moved
10 o'oiooh, which was negatived-and IL O'Clock
carried.
Aud the House adjourned.
IN SENATE-FEp. 5.
The Senate have passed the bills, /, Amending
the act for opea,ng a road from Boietourt Court
! 4 l~p-1 20 Ito Ctr-rt .,.-
Executive to arm the Militia OF the 2Ist Brigade, OF
any portion thereof 8, Authorizing Jno. Hodges
and Samuel Haynes to erect a toll bridge across the
western branch Of Elizabeth River.
They have rejected the bill fixing the allowances
of Officers of the Court OF Appeals.
HOUSE OF DELEGATES-FED. C.
MIR. .laSon OF Fred. offered u resolution instruct
ing the COMMITTEE of Courts of Justice to enquire
into The ex pediency Of making an amendment Of tie
law of landlord and lenant-but it was rejected
The engrossed bill authorizing a sale of the
furnace lands IN Buckingham, was read the Sd time,
and after discussion by Messrs. Yancey, Miller oil
Powha,an, Robertson; Ri.es OF Eompbcl, Wilson
and Garland Of Nelson, was rejected.
The bill making an annual appropriation of $1,000
out OF the Literary Fund, was read the 3dtIme, sup.
poried-by Messrs. Miller, Wilson, Minor, Bryce, AM
Fitzgerald, opposed by Mr.. Williams OF Henrico
but before any question was taken, the House agar
resolved itself into Committee Of the Whole, hIr
Miller in the Chair, on the bill TO re-chartcr certain
= Banks.
The question being on the proposition of Mr
q Riyes OF Campbell, to reduce The salary OF the Pre-
sident OF the Virginia Bank TO $1,000, and Of tn
= Branch Presidents to $500 each--and the amend
= ment offered to that by Mr.. Bryce, to empower til
= Treasurer representing the stock OF the State t
vote on it, as an Individual,
Mr. Bryce now offered the following, as o substi
: tute to his amendment:
= In all meetings Of the stockholders, such person or person
as shall be appointed from lime 10 time, by or under any la
. which shall be enacted for the purpose, shall upon every quea
ton, other than the appointment Of directors, nave a vote
d votes, equal to one lhud of all the votes given III the mee,rn
= upon such question. The appointment Of directors 10 renal
as heretofore.
i Mr. RtreS Of Campbell, nov withdrew bis amend
= ment for the present.
o Mr.. Bryce said, If the proposition of the gentleman
from Campbell was withdrawn, he should wIt!dra'
his. He frankly avowed that his object was 20 defea
that amendment.
], Mr.. RtUes said, If that was che case, he renewe,
n his motion. The gentleman was afraid to meet hl
. au1enduppt directly. He had avovyed n no IN,