Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1837-06-28
WEDNESDAY, JUNE 81, 1887.


On motion of Mr.. Watkins, the II.
agreed to meet at o o'clock.
The bill to stay the proceedings on
executions, trust deeds, and other de.
mands, in cases Of refusal TO receive
bank notes, was taken up, and, after
some opposition from Messrs. Fisher,
Voolfolk, Bolts, and Dorman, was or
dered to be engrossed for third read
ing.
The bill concerning the Surplus Re.
venue of the United States, was taken
up, on its second reading.
Mr.. DoRMAN offered the following
amendment to the bill by way OF SUBJ
stitute
That the Treasurer of the Com.
monwealth shall pay the subscription
of the State which he is directed to
make TO the increased capital of the
North Western Bank of Virginia at
Wheeling, the Bank of the Valley,
and to tho original stock of the Ex-
charge Bank of Virginia at Norfolk,
in tho transfer checks or drafts which
he has or may receive from the Secre.
tary OF the Treasury of the U. States,
on account of the July and October in.
stalnents, which this State may be en-.
titled to receive Of the surplus revenue
directed TO be deposited with this State.
"That the said payments shall be
made to such person or persons as the
stockholders of the bank to which they
are payable shall authorize to receive
the same; whereupon the said person
or persons, thus authorized, shall exc.
cute to the Treasurer proper acknow.
Judgments of such payments, and there
upon he shall execute to the u. States
the obligation of this State to repay
the same, in the manner required by
the law Of Congress in relation there.
to, and enter the said payment to the
credit Of the Treasurer of the United
States, in the manner prescribed by
law"
Mr.. WATKINS suggested that the
better plan would be to lay the bill and
amendment on the table, and ask thai
leave be given to bring in bill for the
object which he desired. Mr.. w. mo.
ed to lay the bill, &C., on the table.
Mr.. MURDAUGH and Mr.. May op
posed the motion, and Mr.. Booker
supported it.
The question on laying on the tabl,
was decided in The negative: Ayes 80
Noes SO.
The question then REQUIRED on Mr.
Dorman's substitute.
Mr.. WITCHER sustained the substi
tute. He did not believe that cthe
the General Government or this Stat
could get specie funds. He though
we ought to receive such drafts as wef
offered, by which the distribution woul
be as equitable as it could be.
The question being put, the substi
tute was adopted, by decisive majo
rity.
The bill as amended, was ordered t.
be engrossed for a third reading.
THE STAY LAW.
On motion Of Mr.. Voolfolk, the II
took up the engrosscd bill to stay the
proceedings on executions, &c.
Mr.. VOOLFOLK moved the following
by way of a ryder:
Provided, however, That all execu
tons may be levied and sales made a,
heretofore, if the security or securitie.
for the money due on said execution
desire the levy or sale, unless the prin.
cpal debtor shall enter into bond, with
good security, payable to the security
or securities aforesaid, conditioned tC
Indemnify him, her, or them, against al
loss that he, she, or they may sustain
by reason of his, her, Or their security
ship for the money due on said execu
ton and it shall be lawful for the
sheriff or other officer 10 take the bont
aforesaid at any time before the sale
under the execution; and upon the ex
ecution Of said bond, he shall returr
the property to the party, as is rcqui