Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1836-03-24
ELECTION OF MAJOR-GENERAL..
BANKING CAPITAL.

Mi. W atkins, from the select committee on the
subject ol increasing tho Banking Capital of the
State, reported the bill upon that subject, with
substitute.
The Clerk commenced reading tho substitute
when MIR. Gregory observed, that l,e supposed
the substitute was III coniormit, with the inslrnc-
tons given the committee by the House and il was
unnecessary, therefore, To read the bill He
thoaeh tho sense Of the House meht be as
VOL tested now, as after the reading oil the bill.
lie therefore moved the indefinite postponcmonl
of the bill and substitute
NJ the request Of Mr. Stanald, Nj. tr,pot,
Withdrew his motion 10 postpone indefinitely.
MI Ntantrd then opposed the 6lIl upon It's gen.
cral merits, al considerable IcnrtL
Mr.. Mallory renewed the motion for indefinite
poeponcmcn,
After some further remarks from Mrsssrs. Wat
hns, Cunningham, and Murdaneh, the ayes and
noes having been ordered by Mr.. Bolts, the qucs
ton was put, and decided in the negative by the
following vote AYES 10, noes b5.
Nj Gregory mevrd 10 amend the bill by siri-
King out the 23l section containing provision, for
additional capital the Bank OF Virginia aud
Farmers Bank of acknowledgement
MI Brown of Pct. moved To an,cud the bill b,
three additional sections. providing tor lhr rslab
lishmcnt Of Bank al Petersburg, viii, capital
of 500, O00 dollars. Mr.. b. observed, that If this
amendment were adopted he should move To
strike out the Sl5O,00O allotted 10 The town otpc-
tcrshulG, 10 be disposed Of othcrwise.-RrJcetcd,
ayes -, noes 10.
Nh Cunningham moved to amend the hi,l. by
adding pro>iso, TINT the branches al Noiolk
should not be withdrawn until the stock al the bank
to be established al that place should have been
subscribed for, and the Bank actually las
commenced operations.
THIS motion was opposed by Mr.t, Watkins
aud Murdaugh, and supported by MeNn>. Carter
and Cnnnla ham and WIS adoptrd-ascs Il,
noes 30.
Nj. Murlnneh said ii was supposed llp.t mis-
take bad occurred ia counting the division tine
amendment Offered by the gentleman from Peters
burg: and he therefore moved 10 Reconsider the
vote that motion; which was agreed To and
the question on Nj. Browns amendment being
again put was decided in the Affirmative r,
40, noes ~.
Nj. Daniel declared hi, intention Of moving to
amend the bill, 50 as to provide Tor an independent
Bank at LNnchblrg. He desired to address the
House in support OF that notion aud enter into
some details of the claims Of L,pchburg for nd
dllonal Banking capital but ii Was no" too
late, he moved adlournm eht-uhioh WIS IL
greed to. Whcreupon,
The House adjourned.
~ tnncSTdY, NUfh 10.
\ message was received from the Senate stat
ing that thcy had passed the bs--to amend an act
incorporating the Richmond Manufacturing Com
pany TO incorporate the Portsmouth aud Chc,-
apeahc Steamboat Companv--to incorporate the
Trustees OF the Lynohburg Female Acadcmv--to
incorporate the Goochand Mining Companv-to
incorporate the Trustees OF the Martinsville A.
cademy &c.
On motion of Mr.. NooLroLK, il WI.
Rcsofced by the General assembly, That tho
Commissioning ofRcvoluiionary CLAIMS be direct.
ed proceed to investigate all claims tina, ma, b,
presented To him, and report as required lv law
to the Governor and that the Governor be re-
quested 10 proceed To decide upon the same accor-
ding 10 the law ofthc land.
INCREASE OF BANKING CAPITAL.
On motion of Mr.. WooIroLk, the bill To in
crease the Banking capital of the State taken
up.
MIR. W LEY thought thdt the time had arrived Ia
settle the question whether the State is to have adj
ditional banks or not-he therefore moved the in
definite poStponemrnt.
Mr.'W ATKINS said as the question VA, about To
be tested whether this bill should progress or not
he was DESTROYS that full House should be had
He hcr fore moved tina the bell be RING A.
greed to-
| Mr.. DANIEL then we'd to amend the bill by in
serting alter the 2lst section, two additional sec
tons providing for an independent bank at lynch.