Litchfield enquirer., 1837-05-18

bury, Pratt of Kilhngworlh, and Dagget. logical survey of the State-Hon. MT. Beebe of the Senate-Messrs. Smith of Lyme Barnard, Miles, PonerOy, Taft, Hayes, Lewis of Chatham, and Clark of Somers.
 Committee on the resolution relating to the distribu tion of the arms of the Stae-Messrs Dixon, Sanford of Prospect, Chapman of Montvile, Wheeler ot Srat ford, Ballou Leavenworth, Tibballs of Durham and Slate
 Petitions and memorials of various kinds received and referred.
 Petition of 1900 inhabitants of Connecticut for an alteration of the Medical Law referred to joint se- lect commttee-one from county on the part or the House.
 mttee-one from county, on the part Of the House, to consider and report all applications for leave to sell real estate-adopted.
 Bill for public act relating to civil actions, which passed the House yesterday, came back from the Se nate with vote of reference to the committee on Ju dietary.
 MT. Woodruff moved that the House reconsider
 MT. Sterling opposed the motion. The bill was a trihing matter in itself, and involved only simple question of expediency. The House wants no infor- maton in relation to the bill, and had passed 1t with great unanimity. If the Senate need any informa- tion they to committee of their own, there Is no propriety in their asking information of the House or of committe of the House.
 Motion for reconsideration and concurrence-a- dopted. A. bly, May session. 1886, to investigate the condition of the several Banks, made a report accompanied with sundry documents, and bill for apubc act regulating banks and banking. After reading, 2OOO copies of the report and 300 copies of the bill ordered to be printed:
 Resolution for the appointment of committee to consider the expediencv of renewing the annual ap- proprations from the Treasury for the education of the Deaf and Dumb-adopted.
 Motion that the House resume the consideration of the Expunging Resolution-ost
 Resolution nstrlrcng the committee on the Judic- ary to inquire into the expedlency Of adopting blank FI,r,oo f,,rn If Xy0 md reO hV or oherwise-adopted
 Report of Trustees of the Missionary Society of Connecticut, read and transmitted to Senate f
 Bill for public act, relating to the warning Of
 Petition of Eli Gilman and others, praying repeal Of the small bill law--laid on the table. Adjourned
 Wednesdav, May 10.
 Prayer by the Rev. Mr. Turnbul
 The Chair announced committees on the part of the House, under the resolution adopted yesterday, the following:
 Medical Law-Messrs. Wees, Gould, Morgan of Waterford, Lyon, Clark of Chaplin, Ensign, Brainard, and Sessions of Union.
 On Executive correspondence Messrs. Woodruff, Andrews, Williams of North Branford, Baldwin of Preston, Hawlev, Clark of Canterbury, Lewis of Chatham, and Chapman of Holland.
 On that part of the Governors Message relating ing to Canaan, Olney. Stiles of North Haven Kimball, Ba. con, Hoadley, Williams of Saybrook, and Clark of Somers.
  Messrs. Stiles of Thompson, Adams, Hatch, Mccall. Barnum Carter, Savage, and Jones of Somers..
 On the subject of an application for the support of indigent Deaf and Dumb-Messrs. Barnard, Russell
 Petitions and memorials presented and referred among others, of S. A. Drake and others for alter man and others for bridge across the Housatonc- to committee on Roads and Bridges. OfR. Hoskins and others that part of Smsbury be ne the he Hortf on1N Haven R oilroaG E0 --0f Norwich and Worcester Railroad Co.,, and Housatonc Rail- road Co. for legislative aid
 Resolution ins:ructing com. on common schools to inquire into the expedlency ot introducing uniform books of finstruction-adopted.
 Report of committee appointed last session. to in- vestgate the condition and management of the New laid the table, and 3OO0 copies ordered to be printed
 The report was of such length as to preclude the possibility of giving an insertion to our report of its contents, which is in great degree rendered unneces essary from the number of copies ordered be prn ted. It commences by stating that t;. Committee assembled on the l7th January, and gave notice to they were vested-that on demanding an examina. tion of the books they were informed that they could only he examined in the Bank and in the presence of the Cashier-hat even then only partial examina- tion allowed-tha from such inspection 1t appear ed that the discounts of the bank were chiefly out of the State, very small number heinz in the State names were altogether withheld from them-that great unwiingness wasevinced by the officers to a ford information upon any subject. The committee, however, early felt that the resources of the Bank were such as not to admit any doubts of its sovency- sion per cent They, however also discovered that the allegations contained in the petitions on which the committee was appointed, were fully maintained and supported. and that the advantages of the Bank chiefly enjoyed out of the State, though intended for the benefit and convenience of the city. The cause for this voataa of the charter that greater bene fit was derived by transactions more remote and the interests of those whom the charter contemplated benefit were therefore lost sight of altogether That Mr. Atwater, the President, used undue influence, e snd ~o fact mere cyphers-hat he exercised that influence for his private benefit and advantage, and the useful ness of the bank therefore necessarily ceased-that the bank had opened a large account with him, and discounted paper for him exceeding Tn four years $l62 O00-paper put in by him was, as matter of course, discounted, without consulting the other directors and often without his ndOrsements, and always for his own personal benefit; and on his examination he ad- mted that he used the paper of the Bank for his private advantage and under no other check than his discretion-wiih the extent of his foreign engage ments he positively refused to acquant the committee, though he allowed he had an account of them and could do SO; and as 1t appeared that they sometimes amounted to 30 10000 dollars His answers gener- ally manifested a great degree of evasion, and were given with rudeness-the testimony of the Cashier was also indefinite and discounts Ebeyond what the laws allowed were charged and were excessive and usurious-l7 l2 per cent. in instance was admitted but the committee supposed that they frequently ran as high as "A per cent In September 1886 the issue ot Bank paper was $l4OUO, its highest ssue-s specie at that period amounted to $14,462-$l0,OOO of specie was at one period ob- tained to make satisfactory statement Of the affairs of the Bank, but immediately returned. The Com Rittee however considered the Bank as perfectly sol vent. These were some ofthe principal exposons Of the report Report of the Directors, Warden, Chaplain and Physician of the State Prison, laid on the table, and 100 copies ordered to be printed.
 Report of Directors of N Haven and Hartford Rail- road Co. read aRd sent to Senate.
 Sundry petitions asking leave to convey real estate, referred to committee on Judiciary came back from