Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-01-28
Virginia Legislature.
HOU>E OF DELEGATES.

message was received from the Senate. stating thu,
they had passed the blls-requiring il
Chancery TO take an oath OF Oiceto prohibit the passage
oil stock across the Appomat,ox river with amc nicus
which were agreed They have rejected the bill re
ducng into one, Sc the several acts Wills aud
the distribution OF iDtesates estates &c. and post
poned indefinitely the bill making further for
taking Dispositions in certain cases.
On motion OF Mr. N ash, the House Fixed on the 90 n
Instant Tor the election by joint ballot, OF Treasurer
Register OF the Lind Office, and first and second Auditor
Petitions were presented and reierred-By Mr.. Par
rott, oil Daniel Seenrod concerning certain arresrapes
TO teachers in Ohio county-By Mr.. Drumirnond of cI
zens OF Accomack, for modification Of the Oyster law
by Mr.. Waterman, OF citizens Of Rockingham, Tor an
extra brand Of flour.
The following eDgrossed bills were read third lime
anu change the mode of appointing the Score.
tary oil the Comm0nw eah-to an act conce rniny
public ro,ds &c-iuriher provide for the
oil the Northwestern Turnpike Road-,o regulate the toll,
on return wagons and carts the Little River Turnpike
10 change The place OF holding separate election the
county oil Misunderstanding Coal river public high.
way-to reform the proceedings in Chancery.
JAMES RIVER AND KANAwHA IMPROVEMENT.
The engrossed ill., further amend the act charlering
the James River and Kanawha company, re all third
time.
This Bill provides for the extension Of the time for
Keeping the books Of the Company until tn. LIST OF
September next, and that in the amount of
valid subscriptions. each share subscribed for on which
the persons subscribing shall have paid one dollar or
shall be considered valid
The two last sections as ooyys Be il further e.,
acted that when halt of the capital stock OF
the James River and Kanawha Company shall have been
than the Commonwealth, but the whole capital shall not
have been subscribed, then the ai shall be
regarded as subscriber for the residue of the FIVE mil
lions: Aud when hall or of the capital stock
shall have heen subscribed by persons, bodies polite and
corporate, by the name, and IN the by the
h section OF the aforesaid act OF Assembly, with ali the
rights privileges and nnuDlties, and subject all the
conditions and restrictions granted declared by the
said act as they shall have been explained and modified
by HE subsequent acts, amenddory thereto 10y this
act.
BE ii further enacted, That if hereafter, under the
provisions OF the eighth section Of the above reci
ted act The company should enlarge their capital sock
The Commonwealth shalt be al liberty take so much OF
the additional capital wh the sock subscribed for OIL
her behalf under this and the former acts aforesaid will
be equivalent 10 twofi h OF the whole of the com
p"ny, and the Other stockholders shall be liberty TO lake
the re,idue.
Some debate occurred in which Mr.. Mcdowell sun
ported aud Mr. Sims orposed the Bill aud motion Of
the latter The ayes and ordered on s
Mr. Cabell said, that he ready meet discussion
upon the subject OF the BILL should il be desired but "a
members seemed TO be satisfied and anxious for the
question: he would not, unless require trouble the House
WIN explanatory facts aud comments: he wouJ however
ask leave merely TO state in explanation Of his course
lew leading proposition presenting, according TO his
view, the grounds OF the claim for additional
non Oh the part OF the State, to the stock Of the James
River and kanawbs Company.
L. That the deficiency in the subscription to the stock
oil the James River aud Ksnswba Company appearing on,
the face Of the official returns, amounts TO sum less Than
one-fenh part Of the capital required but being the re-
suit OF an unexsmPled pressure upon the and
nonied classes Of society Of future extent and
ueucIenCy as ~
I'VE amount threatens the entire failure Of the charter if
the add tiona subscription the part Of the State propos
ed by the bill, should now be withheld
That the rule OF proportion laid down In The act cree
aing the fund Tor Internal improvement OF 6 and
three lbs, between the TO be subscribed by the
state and the amount TO be subscribed by individuals in
the capitals OF joint stock associations although founded in
wisdom and applicable TO ie greater part Of the surface
OF The STATE hss, nevertheless in prscre, been found 10
require exceptions, aud ought not 10 he vigorously
upon, III oppo-iion 10 the equitable claims OF an
go distinguished Tor magnitude, Tor hazard and for public
spirit. as the undertaking OF tie James River and Ksnaw
hA Company.
g. That the departure from the rule Of apporonmen of
two-bhs and three bhhs-iD the OF the proposed
additional subscription the ncpien capital Of the com
pany considerable in appearance than in reaty
by reason Of the tact that large proportion of the works
TO be transferred by the State in payment for the million
OF stock, is but mperlecy, " at all available to the com
pany Tor the purposes OF the contemplated improve me
A. That The additional subscription proposed by the bill
" bat just indemnity TO the company for the injury ss
famed ~ the character OF s STOCK by the original
OF the State 10 commit itself 10 any participation in the
fesdOary capital, after the failure Of tile aempt to
cute the scheme Of connecting the Eastern and Western
waters upon State account
o. That, although the additional subscription authorized
by the bill together with the previous subscription on the
part OF The State, amounts to half Of the incpien ca
Pisl Of i've millions yet, this additional subscription h.