Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1837-03-27

E'kssi.Ha a.a,sshSEAI'e


iHUfHfd8B, lIufrh Ir.
4 message va received nom the Senate, stating
tlt teY reed. from their amendment "a the bin Gu
tiled III act 10 change the tue OF tie meeting of the
General Assembly"
Aodttey Lave losI oncd indefinitely TIE bill cnu-
t n "anaetto provide Ton the payment OF all nodrawn
.choul euojAs."
lie en- rossed bib prescribing certain rates of toll
OF the Lexington and Co,Ineton Turnpike, read
Tie tlud me and passed.
tanning CAPITAL.
Tie bll increasing the Banking Capital Of the
C,mmollwcih was tal en up on its thnd reading.
I'm " i'son oi Il moved 10 lay the bll ON the Ia
be undue house should be full.
Hr. Nay opposed the notion, and said he proposed
II Otter ryder 10 tie b.
Nh. WILSON Withdrew the motion TO lay on the II.
bic IN onlr 10 heal the ryder read,
.. ia. then fca tie fol owing ryder, and sustain
I'd r - some rem uas:
And he il FURTHER enacted, That Tie sub criptons
herein baiar" directed to be made on behalf of the
= the stocks Of tie several bnn s. nclulinc pnc
no.cty q the stock oihe Exchange l5an, OF rrinit
hail be pad out Of "a nu, h Of the surplus re-, cnue
which tlds Commonwealth Is 10 receive ON dcposile
nom the United States IN April, July and October
nesl, together w.th much 81 the PORTION thereof
al,raiy leccHej, may be necessary or the purpose
end she residue thereof, remaining unapprapratcd.
hall be loaned 10 the PrasIdont, u rcciots co. al
he Bah of VIZ ma aud Of the Farmers Banh OF
A.f1uti, IN pro,uron to the capital Of each, rs fixed
l. th!s az; If hry shall accept Tie same, 10 be held
" lIr sad tani0s at l . per cent per aunum lrte
fes uaa The Ii day Of March next; and ten 20 be
pad 10 tie c. mn ouwfah ffequucd. by inrtalncnts
not cXcee ing he sum OF S5o0DJ from each BATH
every month until the sum shall be fully pad un-
lass ma"d from the GOscmmcnt Of the United
= e.o' hall render c'riler payment, necessary.
dr. Booker and he should hereafter nGse to a
mrnd tine bill hy the following ryder:
&c u lu1iLcf cH6ctcd, That the Profits derived from
he ale Of the stock authorized to be sold shah be
for he ulc Of the Conmunw talth.
Mr. B. explained tie ground, on which ihi9 ryder
~ founded,
Mr.. Wilson Of b., thcn renewed his uotion 10 lay
on the table; aad The motion was ncgauted
Nr, wilson Of b., then moved T. consideration Of
tn" vote enarossing the bill.
TIL notion was sustained By Messrs. Wilson Of
3, and Mile, and opposed by Me,srs Watkins aud
II her.
Mr.. Voolfolk moved the previous question and
n ayes and noes having beca ordered, on motion OF
u. Booker the House agreed hat the main question:
he rc-coasderallon) should be put by the following
vote ayes "A, noes 81.
Iha motion to reconsider the vote on the cneross-
mont OF the bill was nesatved.
The bill was chen read, and The blanks tilied.
Mr. May moved the adoption q tue ryder pre-
iiotsl, read by bum which having teen read first
aud second TINE,
Mr. Booker moved 10 amend by adding the ryder
prolosrdbY HIM.
This amendment was opposed by Mr.. May, Y was
rejected.
Mr.. Bralcn moved to amend The ryder by adding
70 It the following:
81 4ff7her enacted, THAI the power to appoint a
majority OF the Directors of the Banks before men
tton, reserved to the Legislature by the 'act csab-
lshug general regulations for the Incorporation o
anks, passed die present session shall not be exerci
eel before the 1st day q January, IN the yca
Of l-j6.
THIS motion was opposed By Mr.. Wool:ok, ano
znppcr,ed by Nj. Luchcu, and was negauved
4 To ,, md hall re
cent and insert pre- per cent.
Mr.. huater thoHe ht this ryder an important mea
sure, ani wished ia common with other members Il
have further time 10 consider IT, He, therefore, NOV
81 thai the bill and ryder be laid the table until TO
! morrow.
Mr. RWcs supported the motion, on the grount
that many oil the provisions OF this bill were TO con
form to the general bill before the Senate; aa'
he could not vote for this bill until he knew what th
provisions OF that bill might be. -
Alter some further remarks from Messrs. May
| Nurjaugh and Hun ~
Nh. Wills said if the bill put its pas
sage, lie should be, like the gentleman from Albemarl
obliged 10 vote against it.