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


HOUSE. BAs--By Mr. Hodges from com of
ways and means, making ropnations-raislng
tax OF cents the dollar for support, OF govern
mcnt and authorizing the treasurer To borrow GER
tain sum- severy read twice and laid on the table.
The House resumed consideration of the militia
bill, and the discussion was renewed on the amend
meni offered by Mr. Kendall to the amendment Of
Mr. Fisk OF Watcrvilc-messrs Partridge and Rice
supporting, and MIR Fisk of w. opposing It--aycs
IO7, noes % the amendment adopted and
the remaining section proposed by mr. Fisk Of W.
was Withdrawn The amendment amended. was
rejected, when mr. Miner moved 10 amend by reeas-
ing certain cXcmpts from the payment OF an equiva
len, 80 in money-suppor,ed by messrs Brdgman
and Miner, opposed by messrs Partridge, Necdham,
Bard and Kendall and rejected, III TO II. mr..
Waite moved TO strike GU, 90 and insert S2-reiec-
ted. mr. Bard moved 10 amend. so as 20 make the
money paid into the town treasury by eXcmpts, sub
ieci TO the order OF the Quartermaster of the regi
ment-mr Thomas moved TO add "to be disposed of
in the same manner is provided IN the act OF the
disposition of money raised by fncs-acceped and
the amendment adopted. mr. Richardson ofW. mo-
we'd amendment TO exempt members of cavalry
companies which were disbanded by the act of 81,
and are not organizcd--rejected. mr. II. also moved
TO strike out the section, for annual regimenal
views hereafter withdrawn when mr. r. moved To
substitute "once in ten years" for annually. Sup
ported by messrs Richardson Of w. Dillingham;,
Wheeler of Montpelier, opposed by messrs Partridge
and Thomas and adopted Adjourned to half pas,
6 p. M.
Thursday eve. Nov T.
HOUSE. Mr. Fairbanks obtained leave of alb
scence after tomorrow morning.
Consideration of the militia act was resumed
The bill was read I'd time and ordered to be en-
crossed for a 3D. reading. Adj
Friday Nov g.
SENATE Resolution. BY mr. Swift, providing
for the supply of county clerks with the Vermont
reports, passed.
Rerised Statutes.--The Senate went into com of
the whole on the chap. relating the general list
and after much discussion and the adoption of sun
dry amendments, the chap with its amendments
was reported, the amendments concurred in in part
when the chap was further amended and on motion
of mr Marsh again laid upon the table chap. So of
banks, called up by Tracy, who offered the fol-
lowing amendment. Strike out sec. %, and insert
'the stockholders and officers of any bank shall
not at any time, be either directly or indirectly
indebted to such bank to greater amount in the
whole than Is per cent of the capital stock of such
bank actually paid in and no individual stakeholder
or officer OF such bank, SHALL at any one time be in
dcbicd to the same, either directly indirectly to
greater amount than two thousand dollars-nor
shall such stakeholder officer, either directly or
indirectly, receive any loan discount at such bank
unless he shall procure two good and sufficient Sc
cures for the same neither of whom shall be
stock holders or officers of such bank" mr. Towns
ley moved to amend the amendment by erasing Is
and inserting 25 per cent, which lost, when mr.
Cobb moved to 8 and insert 30, negatived
and the motion of mr. Tracy to amend was adopted
and the chapter reported to the Senate, and the
endment concurred in, yeas 10 noes 7. Adj
HOuSE-BW BY mr.. Tyler persons furnished
with rifles and proper rifle accoutrements and doing
service in standing companies be returned equip
ped-ordered to Sd reading, li0 to 81. Adj.
Friday, o'clock =. NJ.
SENATE. Revised Statutes. Chan. so, of
banks, called up by mr. Picrpoint, when mr. Hem
menway had leave TO change his vote, as recorded
in the forenoon and the yeas and nays being demand
ed by mr. Egerton, he said he was not quite ready
TO kill banks, and believing the chapter, with its
present provisions would have that effect he must
vote against its passage. Although he had always
been opposed to the charerng of banks, he was not
now prepared TO annihilate them. He preferred a
gradual reduction. He approved of the main prin-
ciples of the chap but believing no body of men
could be found willing to accept of charter under
its provisions he must record his vote against it,
messrs Converse Cobb, Curtis, Eaton, Perpoint and
others participated in spirited discussion of some
length, (of which notes were TAKEN and may be
published as we have leisure and room) Adj
The House was occupied with the revised statutes
until they adjourned.
Saturday, Nov o.
SENATE.-Rerised Statutes, chap. 40, of the
growing of silk, reported by Mr.. Bowen without a.
mendment read a third time and passed Chap 70,
OF the general list called mp by Mr. Adams, and af-
ter some attempts at modification was rejected IS to
ii Chapter l07, Of salaries and fees was ordered
to be engrossed, read third time and passed
BWs.-Extending the charter of the bank of Rut-
land, reported by mr. Mcmillan, of the com. on
banks, with proposals Of amendment by striking out
all after section first and inserting fifteen more sec
tons the sections proposed TO be stricken out and
the sections to be inserted were read, when mr.
Pierpoint moved amendment 10 one of the sec
tons proposed by the com to be stricken out so 10
restrict the stockholders and directors that no one
of them shall at any time be indebted to the bank
over per cent Of capital opposed by messrs. Egg
erton, Jenness and Cobb, supported by mr.. Pier
point, who said that the directors and stockholders
were willing to accept Of the amendment proposed.
Adj.
Observation-Disclosures mr.. Brown for pro- !
curing from the General Government payment for
military services the northern frontier adopted
from the Senate furnishing VI Reports to county
clerks, passed.
Bank BMs.-Recharering the bank of Caledonia;
mr.. Msttocks moved amendment, that the debts
OF said banks shall exceed the amount of depo-
sites IN specie, together with twice the amount OF
the capital stock paid in ; agreed to- and after one
or two unimporant amendments, the bill was or
dered 10 third reading
The bill Tor dividing the income upon the public |
money Surplus revenue) being under c0nsideraii
an amendment was offered for dividing one half