The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1833-11-13

the corporation TO tax the pews in the
Church for the purpose Of repairing and
insuring the Honse, but for no other. and
| Mr.. Potter submitted resolution de-
elaring all assignments hereafter made
for the benefit of creditors void, unless
all the creditors share alike by the terms
of the deed. He said bis object in pre-
seniing the resolution was, merely to
bring the subject before the House, that
IA Committee might be appointed to re-
port thereon, by bill. 1t was one Of
great Importance and deserved the atten-
on Of the Legislature. Formerly, when
he Legislature received and granted pc
Isitions for the benefit Of the Act Of 1856,
I was fatal objection to petition, if
khe petitioner had preferred or favored
any his creditors. The creditors
hared the insolvent's property equally;
hat was as it should be. Now, the
Whole ofthe property goes to few favor
les, and those creditors who, above all
others, ought to get their pay, obtain no.
thing. Great injustice and inequality was
created by our present practice, and it
ought to de reformed by legislative en-
aotment. The subject was referred to
Messrs. Hazard, Tillinghast and Titus.
Mr.. IYllInghast reported two bills Ito
prevent citizens Of other States from
taking oysters from the Rivers, Ponds
and Bays within our jurisdiction-impos'
ng apenalty of three hundred dollars
for every offence, which were passed,
Mr.. Potter moved to refer to commit
tee, the aw relative to Pedlers, to report
at the next session such alterations and
amendments as may be necessary to pre-
vent its being violated, and to protect
the citizens Of this State against impo-
si,ion. II was referred to Messrs. Pratt,
Cross, Cranston, Waterman and Halle.
The Committee to whom wns referred
a Bill declaring certain articles Of machi-
merry, to be real essate. and liable to be
taxed as such. reported the bill without
amendment, which after short discus
sion, was, on motion of Mr.. Pratt. con-
tinued to the next session Of the Assem-
bly,.
Petition, VIM. Blodget, ct. al. for
charter, was granted.
rt'----. in. addition to and amend
mcnt of an Act Incorporating the Boston
and Providence Rail road Corporation.
wos, on motion of Mr.. fraIt, continued
to the next session of the Assembly un-
der oder Of notice.
The, Commissioner Of the Farmers
and Mechanics Bank made the follow
ing report, which wrs received and COM
munlcatea to the Senate, viz
The Commissioners Of the Farmers
and Mechanics Bank respectfully re-
port, That since the last session they
have paid thirty-two thousand dollars Of
the debts of snid Bank; that they have
arranged the settlement of about fifteen
thousand more of,he debts of said Bank,
and have appropriated the funds for the
same, although the papers have not yet
been exchanged, leavingunpaid and un-
adjusted at this time, exclusive Of inte-
rest, the sum of twepty-fonr thousand.
nine hundred and fifteen dollars and for
ty-three cents. The Commissioners ex-
pected to realize This amount in time to
have applied it to the debts and satisfied
all the demapds on tho Bank before the
present session; but to enable them to
do this, they relied on receiving divi-
dends from assignees, whose operations
we're beyond the control oftho Commits
sioners. In this expectation they have
been disappointed. They hope, however,
its final settlement will not long be de
ferred The Commissioners called a
meeting of the Stockholders of said
Bank, OF the 18th day of October inst,
which was fully attended. when the
Commissioners submitted to them full
statement Of the condition of said Bank,
md informed them of the course and
progress of the bus mess to that time /;
and the Commissioners had the satisfac-