The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1836-03-11

wien MT. watkins offered Il short preamble anC
resolution, which rcclting the Governors refusal
and stating IT TO be against the usage of the Gov
eminent, required the resolutions to be transmitted
by the Speakers Of the two Houses.
protractcd conversation ensucd, in which
Messrs. W atkins, Madison, Voolfolk, FoGtaine
and Wilson, Of the majority, aud Mcssrs. Stanard
Parker, Wltcher, Gilmer Bolts, Powe ell and Brow n
on the part Of the minority, took part, on the pon
whether TIE Governors course was deIor,ur
from usage or not. The minority contonded thai
although the mage was for the executive to trans
mit-yet IN tins case, new feature was added
the Governor being requested 10 request The Sena
tors, &c. They alledged that no prcctdcni could
be shown where former Governor lad been pn;
under tins requlsItion, quoted r'eccucnts showing
the contrary, argued the thtfciorG hr. 1azewelIs
refusal was not against usage Mr.. Nitcher adj
dod th.s no Governor before had been required 10
transmit instructions which be believed unconsti.
tu,ional, and that this was the fist case Of the kline
in which Legislature and Governor had disa-
greed. The majority allcdged precedent, without
going into distinctions.
We presume our false issue neighhor [the Edi.
tor Of the Enquirer, will seize upon tins as one Of
his new issues at the polls in April hut II is likely
the intelligence OF the country will not require
Mr.. Tazcwel 10 have done what his conscience
dlsapproStd." -
o. The Pennsylvania "Bdnk ofhe I'M.
ted Atates."-ln our last, We stated that the Bill
for granting d State Chdufr 10 the Bank OF the
I'm States had passed The Legislature of Penn.
syN nia, was signed by the Governor, and had been
accepted by the SiacAhodets Of tie institution.
We are now enabled to give our readers an abb
srac, Of the provisions OF tie new Charter, for
which We are indebted 10 The Lancaster PDnMJ
Unloun
The Bank is chartered for thirty wears, from
and after the third Of March 1886. Capital S3j,
COCOON. j. None bat citizens oil the L. States
can either BE- Directors Of the Corporation, or vote
Tor Directors, ln person or BY proxy / The Bauh
Is allowed 10 hold more property, OF any etscnp
ton, than absolutely csseatlal 20 enable to con-
duct lis business. The rate OF discount, on loans
to the Commonwealth, Is not 70 exceed Fix per cen
tuu. No notes u icsS denomination tlaa rgS
dollars 10 be ISSUED. The notes IL circulation not
70 exceed tbs capital paid H. The total amount
Of debts OF tie corporation not 10 exceed double
the amour; Of the capital The directors 10 he H.
ati,, then lndicilaai capacities, IL Gaze OF such
excess. Ii the Bank refuse 10 pas its notes, &c.
aud such refusal be subsantialld by legal proof,
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