Vermont telegraph. [volume] (Brandon [Vt.]) 1828-1843, 1840-10-28
Thursday. Oct. %. 4. II.

co =, Hero. and Mr. Raymond Of Bridge
water. obtained leave OF absence after to-
morrow morning.
Mr. Wadsworth was appointed on the
salsc. committee on the militia bill, IN
Mace of Mr. Adams, who has leave OF alb
sence.
ReDorts. By land tax committee against
nefi,ian for a tax on Lexington, for want I
af no,ice and the House concurred. By /
committee of ways and means, not neces-
sarv TO leaisIate upon The proposition TO /
NV The State debt out of the school fund /,
against The bill distributing the income OF
the school fund TO the several towns, made
The order for tomorrow morning. BY
select committee, bill annexing part OF
Monroe. to Walden, ordered to I'd read
ing. By commiltee ofclaims, against the
| petition of Azariah Webb, aud the peti-
iioner had leave to withdraw.
| Resolution. Bv Mr. Warner of n. di-
recting The committee of ways and means
to ascertain the amount Of the interest of
the school fund.- and the proportion which
each town would receive on a division OF
THE interest; adopted. Authorizing a loan
of $40, GOO from the school fund to the
s University of Verinont-laid on the table.
Balls intaoduced. By Mr. Swift, in ad-
!. dition to chapter of revised statutes, re-
! ferred to committee of WAYS and means
! BY. Mr. Baxter of Burlington, taxing Chit
tenden county, referred TO members ofthat
county.
Bills ppropriating $4,000 for ge-
ologica! survey of the State, ordered to a
third reading, ayes 126, noes 95. Senate
bills, taxing steamboat stock &c. passed.
: Senate bill TO prevent damage by lumber
{ on Connecticut river, ordered to a third
i Ireading, Billamending 7th section. 87th
lchapter of revised statutes, ordered to Sd
: reading.
: Petitions OLA. Scott, to committee
on roads and canals.
: The bill 20 fix boundary line between
: Windham and Bennington counties, was
E considered; laid on the table.
i Mr.. Swift called up the bill relating to
], banks, and explained lis provisions, and
f moved an additional section, authorizing
! the bank commissioner to examine the
: bonds of the directors, and require add
: tional security ifnecessary-a Mi
h
II so as provide that no individual compa-
: ny. or corporation, Tin lien of the words
# stockholders, directors, or other officers,
g shall be indebted directly or Indirectly to
o the bank in any amount exceeding per
: cent, ofthe capital stock paid in. On a
o division of the question, the House refns-
Y ed to strike out The words stock holder,
J ldirector, or other officer and so the whole
amendment failed. Mr. Chandler of w
moved to amend the 10th section for a di.
i vision of any surplus collected from the
t bonds OF the directors, among the directors
J instead Of among the ockholders-adopt
G ed Mr. Adams of South Hero moved te
r. strike out all the Goth section exemptins
ee such banks from the payment of one thirt
r, of one per cent. of its profits semi-annual
r, ~ to- the State, as keep their bills at pa
in Boston, N. York or Troy-under con
t, sidefatlon when the House adjourned
N Thursday Oct. %. p. M.
n, DEMONSTRATIONS referred. Of 6
at w. Foster, to committee on roads and ca
b. mails.
lie Resolutions. From the Senate. for aG
l. Journment of both Houses Tuesday next
laid on the table, 95 10 40.
lie Mr.. Paul of Middletown obtained leay
of absence after. Saturday morning: an
OF Mr.. Lewis of Wells after 10 morrow morn
S, ing.
lie Bills introduced By Mr.. Sabin, to ex
u tend the right of trial by jury, 10 fugitive
IN from service 10 other States, and providin
3 that all writs to arrest such fugi:ives sha
be returnable TO the county court, and thu
removal or attempt at removal from tb
n Site offugitives before trial, or in defiane
v OF a decision ofthe court. shall be consider
m ed as kidnapping; referred TO the judicar
IS committee. By Mr.. Billings, to paw c.
t phas Bailey $685., referred to cominitte
on military affairs. By Mr.. Warren. i
OF addition to the militia acts, referred to III
e, committee on military affairs. Bv NJ,
r Lance, relating to the militia, referred /,
e, select committee on militia
p Inc House resumed consideration o
the bill relating to banks, the ouestio,
L beng upon the amendment 10 the 25th sec
p ion, proposed by Mr. Adams of South He
S 70; supported by Mr.. Sanborn, onpose,
4 oy Mr.. Warner of N. and negative, ave
IS 81, noes loo. Mr. Coolidge offered \,
L amendment to the 18th section, progidins
: mat no individual, company or corporation
other than stockholders or officers. sbal
!, be indebted to the bank ia an amonnt GREAT
= 81 Than ! 5 per cent. of The capital stock
y exclusive of deposits-Mr Rice of Som
efset, moved to strike out Is and inser
IO-agreedto, Ia to los; and he amend
e ment OF Mr. Coolidge, as this amended. wa,
g adopted. Mr. Downer offered an amend,
Q ment to the 18th section, rendered neces
safy oy the above, which was adonted