Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-12-18

suspended with view TO the reconsideration of this
question, having been put, decided in the arma-
tve-ayes 65, noes "a.
Mr.. STEPHENSON Of Tyler, then moved to amend the
resolution by striking out "to the 9th Of January,
1871, and inserting lieu thereof the 2S.h of De-
cember, 1S40.'
Mr.. MAY was for Cancellation. lie did not wish to
produce any bad feelings between the two Houses, and
reason why they should not have the time for
which they asked. With respect TO the Bank matter,
he believed that the House competent to take all
proper steps in the matter without the Of
the other House.
Mr. TrssTALL saw no reason for granting the ex.
traordnary recess for which the Senate asked. The
Legislature of Virginia had now been in session for
fortnight and had passed but two bills the Chesterfield
Mining Companys bill, and bill for changing the
time of sitting of one of the Courts of the Common
wealth-work which the Legislature of North Caro-
lima would have effected in Two days. The principal
work that they had to do was, the election of two
United States Senators, and TO pass the revenue and
appropriation bills. If they set to work, there was
nothing to keep them there after the 18th January II
the Senate thought proper to obstruct the public bust
ness it did affect then-let them do the work and
go hone-the people would attend TO the Senate and
when the question brought before them, ne doubt
ed not but that the present scramble would receive its
Quietus for the next six years to como.
Ma, LASGuoRNE would vote for the amendment Of
the gentleman from Tyler.
Mr. GREGORY said that that House could act in the
Bank matter
After some other gentlemen had addressed the
House, the amendment put and carried.
MIR. STEPHENSON of Tyler, was requested to carry
the resolution to the Senate, and request their
renee in said amendment. The Senate agreed to such
amendment.
A motion made by Mr. LAsGHoRsE, that the
House adopt the following resolution:
RESOLVED, That this House with the consent Of the
Senate, will adjourn the Both day of January, lS4l
sine die
After some discussion in which, the one side it
urged that the public business could readily be got
through with by that time-on the other, that they
could not fix any day on which to adjourn inasmuch
the House could break up until all the public bu-
siness was got through WITH the question put with
the following result:
Ay-Mes.rs. askins Flood, Coleman Vaughan Wood
Stephenson of j. Wortng,on, abcrn Booon, Diegs Boyd
E Esds i YsSy Ps 1ia ae aE a".a
Cowa Bevns Williams TAFT Ridley Warren, Prince, Goodson,
Fulton-ao
pcn,er, Wiley Cabel MCue, Stuart Byrd Burwr b. Mitch
ELL ra sn1s e.! Mf5Sh R
w. Bt9adas Irving Cotton kGane sansser Scott Marshall
Smith Of c. ucrrant Butts Taylor Of H. Vance odel Mullen
Lee Rae Gregory Davis, abney Tayloe Of L. r. Ballard
man, Wade, Brown Of Nelson, Smith Of NJ fden M'Pheson
CLsaham May Keen Burner Porter Brown Of r. Burke, Rat
c Elliott Robertson, Snider Dorman, Smith Of r. Shpman
Stephenson Of VS..
r.
Mining Company's bill be taken up, and that the
amendment By the Senate be agreed 10. This amend
ment struck out the rider 10 the BILL and left the char
ter for 80 years, it being found that limiting it to Is
years would have made the contract between the por
ties null and void.
Mr.. CHAPMAN opposed the bill, and moved its in
definite stponement.-Hc understood that it had
been held that parties holding Stock to the amount of
25 these companies were entitled TO vote, and that
although the bills declared the Stock to be personal
ate yet that the property was real estate and the pos
thereof entitled TO vote He did not himself
think that such could be the but it beloved them
to be extremely cautious.
Mr.. McRAE defended the bill, and contended that
the stock granted under the present charter could
be held 10 be Other than personal property.
Mr.. BAYLY should vote for the bill, because he did
not believe that tine property could be held to be real
property. If the shareholders in these undertakings
should be allowed vote he should feel his duty to
oppose acts of incorporation; for if this the case
the present bill might create less than thou
sand voters.
Mr.. MAY argued that the stock held under the acts
of incorporation now granted, could not, he thought
be held by any lawyer to be other than personal pro-
perty.
MIR Cox said he little surprised at the objec-
ton raised by the gentleman from Monroe to the bill
under consideration. After the full discussion it had
undergone when before the House its passage, he
did not expect a motion for its indefinite postpone
ment at this time. As to the general principle
tended for, in regard the right of suffrage claimed
by the stockholders in joint stock companies he (Alr
Co1) agreed with the gentleman entirely. He had al
WAYS contended that stockholders in joint stock
panies had right to vote upon the shares held BY
them, whether the land held by the company
declared TO he real personal estate, by the act of
Incorporation. He had always acted that princ-
pie in his county; and although he not
that any stakeholder in any company where the land
was declared to be personal estate had ever offered
vote, the rule in this county had been, to permit
stakeholder to vote upon his stock, whatever might
be the provisions of the charter under which he held
it, without first requiring him 10 swear that he be-
eved himself entitled to exercise the right of suffrage.
In the correctness of this rule he entirely
red. But this charter not obnoxious TO the
charge raised by the gentleman, if Objectionable
all, that ground, it was certainly less than
the two charters which it intended to snppant.
Mr.. c. then stated various reasons of public and
economical character, why the bill should pass with The
Seuate's amendment, pointing out the advantages 10
flow from the introduction of foreign skill and capital
in the coal and iron operations of the State, and show
ing the encouragement that of this charac-
Ter would present to the early and energetic develop
ment of the mineral resources of Eastern Virginia
After few remarks from other members, Mr.. CHAP
MAN consented to withdraw his amendment, and the
bill with the amendment was agreedto
On motion Of Mr.. DoRMAx, the House adjourned.