Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1839-03-14

Arrs. Mcssrs Holloway, McCliniick, Haskin,,
Waite Chapman, Watkins, Ed,nunds Of Halifax
! Taylor OF Halifax. Armstrong, Smith Of /. Of w.
Shadwick, Richmond. Farley. Anderson, Bank,
Taylor of NJ * NJ, Langhorne, Woolfolk, McPhe, :
son. Cloud, Mccoy, Gay, Smith Of Rockingham :.
Thomas. smith Of Russell, Culberison, Bare
Conn, Clarke. Prince--3o.
Nors.-Messrs G,lmer, Speaker ,Bsyley Of Ac-.
eomack, Chopper. Southall, Wood, CahslI, Siuar,.
kinney. Cobbs. Mitchell Frya,t. Snodgrass. Shsnks
Peyton. Tar. Merritt Kyle, Flood, Toler. Foa,
Corbio, Wilcox. Cardwcll, Cox, Carson, Broadus.
Wilson Vaughan. Lorimer, Bah. Edmonds off.
T,dball, Payne. Deskins, Hale Of Franklin, Wade.
Shcrrafd. Barton, Smith OF g., Hail ot Graysou,
Da'ngeiheid, Turner Odell. Park, White, Seymour.
Bolts Martin, Tyler. Washington, Reynolds, Smith
OF kanawha, Tayloe, Conway. Beard, RanIey. Tay.
ior OF Londoun. Organ, Smith Of NJ. d J, Dorch.
ioodc, Raymond, Clayton, Dunlap. Barnett. o.
terell, Hodges. Whitehead, Cunningham. Watts,
ierby, Alexander. Mcconnell, May, Tuus,ail. Har-
ris. Carroll, Vcnaslc. Stands. Robertson, I.eybarn
Dorman, Davis Urquart, Crn,chfeld, Fnxhugb.
Crockett OF T., Stephenson, Goodson, Walker, Jack.
son aud Crockett. of Wythc-92.
Mr.. Shcirard offered the following amendment
which was adopted
Bc II further enacted. That il shall be lawful for
the Bank Of the Valley in Virginia, IL SAID Bank
shall accept the provisions OF the act entitled "an
act To increase The banking capital OF the Common
wealth." passed March 25th. 1887, to increase IL.
capital stock by the addition OF the OF one hun
drcd and fifty thourand dollars thereto, over and a.
bove the eicascd capital Of said bank authorized by
tho act aforesaid, which said increase hereby author
lied, shall be raised by the President mud Directors
oil said bank IN the manner they shalt deed hes, for
the interests OF said corporation, that at least ou
hundred dollars shall be eIsed for each share q
stock Prorided That said Bank shall be Required
TO establish tho additional barnches authorized by
the herein before feticd act entitled aa act increas
ing the banking capital of tho Conmonw ealth."
Mr.. Watts Offered mn amendments. which, after
some opposition ZION, Mr.. Venablc, was modified
at the suggestion Of Mr.. May, and adopted fol.
lows
OF Virginia shall accept the provisions of this aci o.
IN case Of its refusal, IL the Farrneis' Bank OF VIZ
GIN" shall accept The terms Of said act and shall es
iabl'sh the Branch herein authorized TO br estab.
lshedht Portsmouth with capital of ono hundred
and scvnIy five thousand dollars on OF before the
day OF July next, the said Bank so establishing thr
Branch ~ Portsmouth, shah not BIO required TO fur,
nish the remaining ono hundred and sevnty. fve
thousand dollars OF capital until the firsi.day Of Jt
Iy, 1910"
Mr.. Peyton movad to amend by aiding the follow.
ing section:
BE II further enacted. That IL the Bank Of Virgin.
Ia shall accept the provisions Of tho nc, entitled Van
act increasing the banking capital OF the Common
wealth." passed March 25ih, 1887, IL shall be tlin
duty Of the said bank TO increase tho capital of Tho
branch AT buchanan the sum Of one hundred and
fifty thousand dollars.
After opposition by Mr.. Cruich6elJ and support
by Mr.. Pcyton, the amendment was ncgarivcd.
Mr. Jackson renewed the amendment offered anil
Withdrawn by him in the morning. which was. sl,es
some debate, negalivcd-ayes So noes CO
On motion Of Mr., Smith Of l. Of w. the House
adjourned.