Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1839-11-08

by any bank, shall work an immediate for
fixture of It's charter, proclamation whereof
TO be made by the Governor Supported by
Mr. Partridge: ayes Sc, noes l5i; so the res
ton was rejected.
MIR Partridge introduced another resolu.
| ton thatno director shall receive any dis
count from the bank. Before action there.
on,
The Senate came in, and the joint assem-
bly, made the following appointments:
WINDSOR COUNTY.
James Udall, judge Of probate for the dis.
trict of Hartford.
Robert Pierpoint, Bank Commissioned.
(Pierpoint l24, Peuibonc lS, scat)
John S. Peuibone. Bank Inspector.
(Petlibone 1873, Pierpoint II. 8 scat)
Vim. Weston. Reporter OF decisions Of
Supreme Court.
weston l26, E. d. Barber 10. 3 scatt)
THURSDAY. Oct 81.
REVISED Statutes Chap. ca, of husband
and wife. reported by Mr.. Swift, read a third
time and passed. This chapter makes some
new and valuable provisions for the protec-
ton oflhe wives of dissoute and abscondng
husbandsl
House Petitions d. N. Dewey
and others Of Wiliamstown, Mass TO pre-.
vent sale of intoxicating liquors By citizens
Of VI to citizens Of Massachusetts and Of
Weathers6eid total abstinence society, re-
ierred 10 temperance committee.
The House resumed consideration Of the
resolutions on banks. Mr. Partridge with
drew his resolution agains, discounts TO d.
rectors; and the first resolution OF the mi
nority Of the committee on banks was con-
sidered:
list. That in all future bank charters. the
stockholders shall be required 10 pay in the
full amount Of their capital stock. in gold
and silver before they go into operation; and
shall not, either directly or indirectly. with
draw any portion OF the same"
MIR. Dillingham; opposed The resolution
when MIR Richardson OF Waitsfirld. moved
to strike out the words I'm Ms FIJI amoua
Of ;" and before they go into operation"
Messrs Brown and Butler supported III,
amendment and opposed the original reso
lution-Messrs Miner, Chandler and Par
fridge opposed the amendment and support
ed the original resolution. Adj
2 O'clock, p NJ The House resumed
consideration of the resolutions reported b,
the minority OF the committee on banks, th,
question being on the amendment propose,
by Mr. Richardson of Wails6ed. as stated
in the forenoon proceedings MIR Coolidg,
opposed the amendment and advocated III,
original resolution. followed by Messrs Dill
bingham and Sprague on the other side
when the amendment was Withdrawn. ans
MIR Porter moved 10 amend by striking on
the words full amount" and insert one hall
| Mr. Needham supported the amendments
ayes / IL, noes so, SO the amendment OF Nj
Porter was adopted 1t was further pro
posed to amend, by adding the words 20
any portion Of the capital stock afterwards
paid in" adopted; and the resolution wal
then adopted, ayes 1872 noes 10. in the fol
lowing form:
; THAT in all future bank charters, III,
stockholders shall be required TO pay in on,
half Of their capital stock in gold and sive
before they GO into operation and shall not
either directly or indirectly. withdraw an,
portion Of the same. or any portion Of tn,
capital stock afterwards paid in"
The second resolution, requiring bonds o
the directors. in an aggregate sum equal t,
the capital stock in the bank. was supported
byMessrs Needham, Brown and Dillingham;
ayes 60 noes 1873, so the resolution was re
jected. Adj.
FRIDAY, Nov. l, 1889.
Senate BM-from the House, 10 pa,
Augustine Clark the sum mentioned.
i House.--The House resumed consdera
ton of the last resolution reported by th
minority Of the committee on banks, viz:
i THAT no director or stakeholder shall
either directly, or indirectly be suffered /,
receive any discount at The bank or banks
of which they are severally directors o
stockholders"
| Mr. Closson moved to add the words-"fo
a greater sum than 10 per cent Of his s,ocl
actually paid in; such discount excee.
i $1,000 at any one time, nor the aggregate o
his Indebtedness TO such bank at any tim
exceed $4,000; nor shall any other person
either as principal or surety be indebted t,
such bank for discount TO a greater sun
Than five thousand dollars"
Mr Partridge moved 10 amend the amend
meni, by striking oul $1,000 and inseriin.
$500.
Mr. Z. supported the amendment, follow
ed by Messrs Brown and Spragne, agains
the original resolution aud all the amend
> ment, followed by Messrs Brown an,
Sprague, against the original resolution AM
all the amendments.
Mr. Jackson moved to dismiss the whole sui
ject Mr. Partridge opposed this motion. an
took occasion 10 hint TINT the party wit
J whom he had usually acted seemed eniirel
to have forgotten their pledges TO the peopl
a