Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1839-11-12

may NE OIL m cltAufcry against nentof III JAZZ,
to compel the discovery OF property, money or any
thing IN aoiios-and empowering the court of chan
Gerry to prevent the transfer Of such property &c.-
Supported by mcssrs Brown and Ncedham and car
iicd. Mr. Brown also moved 10 strike out TIC pro-
vision that decree OF the court shall effect con
Seyance, release acquit,ance, the case may be
whether the party against whom the decree IS made
obeys the same or not. Supported by Mr. Brown,
opposed by Mr. Dillingham; and carried.
Mr. Partridge opposed the passage of the bill and
mcssrs Coolidge, Chandler and Dillingham; spoke ia
iaso. oi the bill, passed. Adj.
Thursday, Nov, 7, 1899
SENATE.--Mr Swift, Of the com 10 whom was
referred the resolutions from the state OF Indiana,
relating 10 slavery made written report, which was
read. and the accompanying resolution passed.
(Fbc report and resolution will be published in fu
ture paper)
Reused SfstU,es.-Chap i07, of salaries and fees,
twice read and referred to a select OF two, for
examination-Commitiec mcssrs Adams and Jen-
ness chap 49, of the general list called up by Mr..
Cobb, considered in com of the whole, and again
laid upon the table Mr. Mcmillan moved the recon-
sideraon of the vote of yesterday passing the chap
relating 10 jas and Jail limits The vote
considered when Mr. Mcmillan moved the reconsid-
Grafton OF the vote on the amendment, extending the
limits OF the Jail yard to embrace the territory of the
county On this question Mr. Robinson demanded
the yeas and nays, and II was decided in the mega
tive by the casting vote OF the President after cx-
planaory remarks, giving his views of the difficult
ties into which he thought the amendment calcula-
ted TO involve debtors and their bonds, especially in
cases when debtors lived upon the outer limits ofhe
counties the chap. was again read the Sd time and
passed chap. SO, Of Banks, taken up, when Mr..
Pierpoint advocated the principle that the capital
shod all be paid in before the transaction OF business.
The question was upon the striking out of Both sec
ton, which requires the paying in, in silver and gold
OF the entire amount of capital, of reducing the
amount Of stock to the amount of capital actually
natd in n1a,,a
came from the com. on banks, and was advocated
by Mr. Curtis, of that com. who thought the public
would be safe, with one half the amount of capital
paid in. MIR Pierpon replied TO Mr. c. and insist
ed upon thorough reform, and ample, undoubtsd
security TO the public. Mr. Tracy opposed the prop
oson to erase, when Mr. Cobb moved that the bill
he laid OF the table, and 500 copies ordered to be
printed. At the suggestion of Mr. Perpoint, Mr. c.
withdrew his motion, and addressed the Senate in
some general remarks upon the subject of Banks.
The debate was continued for some time by messrs.
Pierpolnt, Tracy and Converse in opposition to the
proposition to erase, and by messrs Curtis, Cobb,
Edgerton and Robinson in favor and before the
question was taken, the Senate, Adj
HOUSE.-Repo1 Of CommiHee,. BY com. on
Banks, bill rechartcrng bank Of Caledonia, (securi,y
on bond and mortgage required on 60 days suspen-
sion OF specie payment injunction to be issued, and
receiver of assets to be appointed to collect avas
thereof and apply the same 10 redemption bills, the
bonds or mortgages to be holden to make good any
deficiency; debts of the bank never to exceed double
the amount of capital stock -one halfthe capital
TO be paid in gold and silver before going into opera
ton, and not to be withdrawn; fraudulent transac-
lions punishable by imprisonment fractional bills
to be issued future legislatures to have control
yer the charter The bill was read cd time when
Mr. Partridge arose, as he said to enter his protest
against charerng or re-chartering any bank at the
present session laid on the table until tomorrow
morning, &c to 60-by same com, bill chartering
the Freehold bank at Felchvie laid on the table and
300 copies ordered be printed also bill chartering
Rutland CO. bank at Poultney, laid the table till
tomorrow morning
The House resumed consideration of the militia
bill, the first question being upon amendment offer
ed by MIR Fisk, providing, first. that person shall
be required to 90 beyond the limits of his own town
to do military duty Except to regimenal reviews
and I'd that inhabitants of towns containing less than
25 persons liable to do military duty, on being enrol
ed and equipped, shall be exempt from doing duty
in time of peace.
Mr. Kendall moved an amendment to the amend
ment, providing that where inhabitants of two town.
are joined In one company the persons in each town
may meet by themselves within their own town, for
ordinary company training, messrs Kendall, Part
ridge and Brown supported the amendment to amend
ment, opposed by messrs Fisk of W., Walker of
Whiting. Fisk OF Eden and Ames. Mr. Bard sup-
gesied modification by requiring a request of a
majority OF the members of any one town-and also
excepting meetings of the company for election of
ohcers-whch were accepted. Adj.
o'clock, p. NJ.
SENATE.-ln consequence of the temporary alb
sence of the President. from illness, mr. Converse
was called To the chair, 10y vote of the Senate
BW.-Relatng TO the Rutland Rail Road Bank
reported by Mr. Mcmillan that the same ought to
pass. Rejected upon third reading
The motion pending at the adjournment, TO erase
from the bill relating to Banks, the provision reaur-
ing all tho capital in gold and silver 10 be paid in
before the issuing of bills, was resumed when Mr.
Iownsley made the inquiry whether any Senator
expected or desired the whole of the capital stock
paid in, in gold and silver TO remain sailed down
IN the vaults Of the bank Mr. Cobb said some de-
bate had been had upon the question, bun for himself
he could not dance the entire locofoco that tune
Mr. Tracy explained and said he advocated the prin-
ciple that banks should not have factirous capital
purPoriing to have Sl50,0Oo when they had but
100000. MIR Harvey made some inquiries whether !
bills OF specie paying banks might not be received
as capital stock, with equal safety gold and sill |
yer Mr. Pierpoint replied that all the section pro- |
posed to be stricken out, required was that banks
should not be chartered with capital OF sI5O,0OO
when only capital Of $4,000 was all that was
needed or desired He was for plain common sense |
legislation giving what asked needed for the
public accommodation, and 10 more and calling I
taai by ITS right name. As TO keeping specie on |
hand, that question was settled by the law requiring