Vermont telegraph. [volume] (Brandon [Vt.]) 1828-1843, 1839-11-06

HousE-Petitions-Of D. N. Dewey
and others of WiIliamstown, Mass, Ito
prevent sale of intoxicating liquors by cit
lzens OF Vt. to citizens of Mass.,) and of
Weathersfeld total abstinence society, re.
TERED to temperance committee
The House resumed consideration of
the resolutions on banks. Mr.. Partridge
withdrew his resolution, against discounts
to directors; and the first resolution of the
minority of the committee on banks was
considered:
/" lst. That 10 all future bank charters,
the stockholders shall be required 10 paw
IN the full amount of their capital stock, in
gold and silver before they GO into opera
ton; and shall not, either directly or indi
rectly, withdraw any portion of the same"
Mr.. Dillingham; opposed the resolution,
when Mr.. Richardson OF Waitsfeld. NOV.
ed TO strike out the words I'm the full
amount Of" and "bctore they go into OPP
eration'
Messrs. Brown and Butler supported
the amendment and opposed the original
observation-disclosures. Miner, Chandler and
Partridge opposed the amendment and
supported the original resolution.
2 o'clock, r. NJ.
SENATE-BHs.- Banks. -Incorpora
ing the bank Of Brandon, reported by the
committee on banks, that the same ought
not to pass; laid upon the table.
HoUsE-The House resumed consid-
Grafton of the resolutions reported by the
minority of the committee on banks, the
question being on the amendment propos-
ed by Mr.. Richardson of Waits6eId, as
stated in the forenoon proceedings: Mr..
Coolidge opposed the amendment and adj
vocated the original resolution, followed
by Messrs. Dillingham; and Sprague on
the other side; when the amendment was
Withdrawn, and Mr.. Porter moved to
amend by striking out the words full
amount +" and insert one half
Mr.. Needham supported the amend
ment-ayes III, noes 80, so the amend
ment of Mr.. Porter was adopted 1t was
further proposed to amend, by adding the
words "or any portion of the capital
stock afterwards paid in;'' adopted, and
the resolution was then adopted, ayes 1872,
noes 10, in the following form:
That in all future bank charters, the
stockholders shall be required to pay in
one half of their capital stock in gold and
silver before they GO into operation and
shall not, either directly or indirectly,
withdraw any portion of the same, or any
portion of the capital stock afterwards
paid ill.,"
The second resolution, requiring bonds
ofthe directors, in an aggregate sum equal
to the capital stock in the bank, was sup
ported by Messrs. FulIam and Miner and
opposed by Messrs. Needham, Brown and
| Dillingham;; ayes go, noes 1873, SO the
resolution was rejected.
FRIDAY, Nov /, 1889.
HOUSEHOLDS Introduced-B Mr..
Shattuck, increasing the salary OF Gov
ernor to $1,000, and reducing salary Of
Superindent of State Prison to $500, re-
ferred to General Committee. By Mr.
Hlgley, for the support OF the gospel
referred to Judiciary COMMITTEE.
The House resumed consideration Of
the last resolution reported by the minor.
lty of the committee on banks, viz:
"That no director or stock no der shall
either directl y or indirectly, be suffered 10
receive any discount at the bank or banks
of which they are severalIy directors OF
stock holders"
Mr.. Closson moved to add the words
! " for greater sum than 10 per cent. O.
his stock actually paid in; and in nc
| case shall such discount exceed $1,000 a
any one time, nor the aggregate OF his
| Indebtedness to such bank at any time
exceed $4,000; nor shall any other per.
son, either as principal or surety be In
debted to such bank for discount to a
greater sum than five thousand dollars"
Mr. Partridge moved to amend the
amendment, by striking out $1,000
and inserting $500.
MIR. p supported the amendment, fol.
lowed by Messrs. Brown and Sprague
against the original resolution and all The
amendments.
Mr. Jackson moved to dismiss the whole
subject.
The question was put: ayes $50, noe:
65, so the resolution was dismissed.
FRIDAY, o'clock, p. NJ
! Rerased Statutes.-Chap. 81, of re
tailers and inn-keepers. reported by the
select CON-, with proposals TO amend, The
object of which was to dispense with thu
law requiring the posting of drunkards
and the erection of signs, sheds and oa
troughs, and to require greater uniformi
| ty and more care in the granting of Ii
censes to retailers and inn-keepers, and tc
authorize the selectmen of the seyera
towns to appellate public houses in which
ardent spirits is not sold. The amend
ment, relating to the granting of licences
was lost and the amendment disposinc
with the posting of tipplers, adopted
when Mr.. Pierpoint move so to amend