Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1830-02-09

as they may deem advisable together with the diyi-
dends and interest which accrue thereon taking the
ce thcaes for such Investments in the name uf -
aud - commissioners Tor the stockholders OF the
Bank OF Va; and such capitals shalt depo tied for
sale Keeping with - who shall give duplicate rreeips
therc1i, one 20 be delivered 10 and the other to
-. And tie abeve named commits ,oners shall an.
,Galy report their proceedings and thu OF the
Fund committed 10 heir charge, to tie Genorai As,en-
~.
1.-The fund set apart and appropriated shall not he
considered ~ rni"g any part II ordinary iuuds
- somc-s Of the said Bhk, Whereby lis capacity 10
tend liz bn'incss, m-y he 'ihrrsincreasedo diminish
81, tu shah be held sacred az a separa.a interest
UNI the expiration OF the Chirtsr. at Which ti,re il
,h,l tie Jsposed OF Tor the joint benefit OF the Stock
holders OF he said Bshk in such manner az they, in
general meeting assembled, hail detG rmine."
Mr.. GARLAND support d Iii. propo .i,ion at some |
iength-contendrg tina, il the duty Of the Bank
to make good its capital, snL that the los. ought to he
borne oy the s'ockhoier' Tor whose benefit th, fund
was TO be re.erved-Nr Harvie opposed the ptopo-
'i'on-conteuding that what with the bonus OF one
per to BE paid 10 the State aud one per cent for
making good its capital thus yielding no more than
per cent. per annum, the stock would fall very much
IN its value.
Mr.. Williams Of Hrnrico. was in favor Of the Bank
making good it, capital, by setting apart portion OF
lis dividend, hut he for leaving the Bank to do il,
Of ia own accord, and not OF appointing Bank within
Bank; set OF commissioners all responsible to
thu Bank for their operations and who to he autho
sed 70 buy stock at iher peasure-and thus to have
stock jphbers.
Mr.. GARLAND asked, was it no, inst az we'll to ap-
point commissioners, who TO he stockholders as
to le've 1t 10 the President and officers of the Bank 10
become stockjpbbPrs.
TIE question then taken on adopting the amend.
msn, and lost without division.
Mr. GooDE offered the following amendment: "Nor
shall il be lawful for any officer or other person. TO
deal in other bills OF exchange for the benefi, OF the
Bank, or with the funds If the Bank who shall not have
been authorised 60 tn DOLBY the of majority the
f'ari Of Drec'or$; (Gnd each and every person thus o-
thor sed, is hre6y reqiredto report each purchase on
other negotiation to the Board IF Directors, at their
',erf meeting after such purchase or other tegocaion
shall hare been eGected"j
20 he Amendments; but before the question was taken
on motion # Mr. Scott the Committee rose, and the
House adourned.
| YESTERDAY, Commune alton wa. received from
the Senate, stating that they had dg'eed 10 the Reso
lu on relative 10 The claim o he officers soldiers and
seamen of the Virginia State Line during the R.volu.
,ion-and also that they hal postponed ndefmiiely the
hill "Releaeing certain surees of John Presto, late
Treasurer Of The Commonwealth from the further one.
| ration of judgment e .Iereh against them"
A resolution from the Committee for Courts of jus.
ice, rejecting the p.'iton from Madison couny, for
the removal OF the oil court house, &C. was agreed 10
! by the Housc-Also = resolution from the Militia Gem.
Iniitee, declaring in xpedi,nt arm the volunteer
companies Il present or TO change the mode of inh"in
nifty to lie Commonwealth for the loss of arms-qIso
resolutions from the COMMITTEE # Propo.iiioos &;
for changing the place of holding a separate poll in
WASHINGTON county; for establishing the town of
Greenvll, in Bociourt county, and appointing Trus-
ltl-
zens OF Lynchburg, fer making certain municipal
changes in that bwn.-All which were agreed Co.
Mr.. !ILLER called mp the bill making al approrri.
alton TO Hampden Sydney Colleg.-vyien the RYDER
submitted on Saturday by Mr.. Williams OF Harrison
read az follows
"And he it further enacted, that the sum Of
dollars, hs and they are hereby appropriated from the
said fund, permanent 10 endow Randolph Academy
in the county of Harrison; and dollars 10 all
other incorporated academies, west Of the Allegheny
! Mountains"
~, .,.J, 81
to withdraw hi Ryder-and assigned his reas or.
for hi. wish'ba by being united with the appropris
ton for Hampton sydney would have the appe arance
OF log rolling, which he wished to avoI-that the hin
which hal been so lOug matured, ought not 10 he clog
ged hv distinct propnson-hat the object Of Mr. Wi.
iia'ns might he attained hy presenting il in dinct r.
soluon AMI distinct bill-hut he, (hlr wiI.on) couIl
not Give any other pledge, that he would support an
appropriation for the West. than that he w,s attached
! TO the IMPROVEMENT OF EducaIen--and thlt he woulI
Give The most respectful considr zion TO any prono j.
ton which might b" brought forward A fuller sketch
Of Mr. Wusou'' remarks in our next
Mr. SCorT said that he would vot. for tire rvd.r
but without any snch intention of og-roling that
VII lie lhe Literary Fund was in existence. he was A.
willing vote an appropriation 10 the West as 4,
HampAsn Sv'nsv-for which he bad no rarticuIsr re
g'rl ht l. was his intention FIR the bill AT al
'ventsh,.' for his part. lie was willing {, throw
he two great Fund- OF the Commonwealth into the
| common Frrasnry-Thcv only bones of eon,en-
tion-ha assisted 10 bring about one Convention
aHh I, thew remained they would bring about another
/
speci for the gentleman from Cumberland; hut could
MT consent To accep, his proposion. How was he 10
know although MIR. WILLOW might cote for the Western
'ppropriaon, that alter the Hampden Sydney bill pass
ed, Other members would pursue the same co,irse?-
lhe appropriation he sought, waa OF it'ef u mrrori
ous ohiec', and he willing ri.k it, without re-.
garting the su.picons which such a course mig h.
cel was, moreover. too late in the Sc sion TO
ug'nata new business.
MI MILLER rose % suggest new Ryder-which
hc read by way OF argument. as follows That the
N yha he a,,I
propri'ted annually, from the income Of the Literary
Funi to the endowment Of College, or seminary of
eanpC. IN be located atsome place in tha State West
W he APeghauv Mountains. which PIE. shall be fix.
ed unon by Commissioners TO be appointed by law"
Mr.. FINKs said, he lived in the middle county; and
on saturday last. he smelt this bait az il passed from
the South To the West, bnt he not poor Trout
az 10 he CAUGHT by il. lest the bearded hook migb,
catch him by the hroat-He, therefo fore moved tho
ihe suggestion OF a friend, he Withdrew t-When MI
Boisseau renewed IL.
The question taken, and carried-Ayes 9s
Noes g.. 80
Mr. ScoTT submitted he following Resolution. which
he wished 10 lay the table " Resolved That
Committee b" appoiuted TO enquire in'o the exppdien.
cvof aboihing the Literary Fund, AMI Fund for In.
tefnAl Improvement"
After some discu.s ion the question was taken upon
laying the talls, and lo.i-And the question the
came on, upon motion of Mr. Watts its Indefinite
pos'ponement, ard cARRIED-Ayes I72, Noes TO-
Ihe Hous" then went into Committee of the WhfI, |
on The Banl Bi!s--Wh'n The question Of Bills of Ex.
change came mp The pronNsition Of Mr.. GooIe pro.
Nuts tie Bank, any officer of The Bank, or any
other person for the benefit OF the Bank from purcha
ing bill OF exchange, drawn on any ctzsu of the