The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-07

session signSa bg ihs Governor, md coun.
tersiehet b he State Treasurer, dated the
tenth day of September, 1850, amounting
ii ell, g Eve millions Of dollars.
Bet resOIved, That the. Cover
nor of the State, in the presence Of the Au-
ditor ofPublic Accounts and The Stale Irea-
snrer shall, on delivery Of said bonds, eiiec-
tually deiace and cancel The same, together
with the coupons thereunto annexed, and
deposits them in the Office Of the Secretary
Of State Cot safe keeping.
And Be Il further resOlUed, That the
Governor be, and Is hereby, instructed and
required not to sign any more bonds as re-
CURED By the charter Of the Mississippi Uni
on Bank, which were read the FIRST time.
The bill introduced by Mr.. Senator Wal-
ton 10 repeal the law authorizing the banks
to issue post notes, and making the further
issue Of them, a forfeiture Of their charters,
passed bg an unanimous cote. One Sena-
tor, alone, having voted in opposition to. It,
but afterwards, under the rule Of the Senate.
changed his Vote.
Several bills of a local nature, were, IN
the course of the day, introduced
WEDNESDAY.
Mr.. Kerr presented memorial from DR..
Stephen Duncan, late agent of the Agricul-
tural Bank, excepting to part of the Spe-
cial Commissioners Report Of his examine
ton of that institution; which was spread
upon the journals. Mr.. Kerr made motion
to have the memorial printed, but it did not
prevail; ayes. IL; noes IA.
A bill to remove the seat Of justice OF
Yazoo county, from Benton to Yazoo city
passed.
The special message of the Governor in
regard to the Agricultural Bank, and the
conduct Of Mr.. Gaines, U. s. District Attor-
ney, was called up by Mr.. Miller, and, on
motion of Mr.. Tucker, referred to select
committee, raised on the part OF the annual
message, on the same subject.
The resolutions Of Mr.. Kyle, in relation
to the DISPOSITION to be made of the State
bonds. were read the second time; and, on
motion of Mr.. Wall, laid upon the table.
Much other business of an exclusively
local nature, occupied the consideration OF
the Senate throughout the day.
THURSDAY,
Mr.. Bampbell, from the select committee,
appointed to confer with MessFs. Howard
and Hutchinson, proposed publishers of a
revision of the laws of the State, reported
bill favorable to the purchase of fifteen hum
dred copies of The same.
Mr.. KYLE called up his resolution, in re-
gard to canceIling the State bonds, now IN
the possession of the Union Bank, and moved
their reference to committee OF the whole
house for tomorrow. Mr.. Kyle remarked,
that he was informed that the monstrous
ida was entertained by some, that the d.
rectoru ofthe Union Bank had the poDer
to do as they please with the bonds of the
State, without any reference to the provl-
sions ofthe charter under which they profess
to act: and, to nip in the bud this outrage
Gus proposition, he thought that immediate
action should be had on the subject.
The motion did not prevail, but said re-
solution, on motionn f Mr.. Tucker, were re-
ferred 10 the joint committee on the Union
bank. sa
A bill, to be entitled "An act introduced
by Mr.. Alsbury) to reform the banking sys-
tenn in this State, and suppress unanthor-
lied banking was read the second time.
A bill. 10 be entitled, Gan act introduced
BY Mr.. Walton) to prevent unauthorized
banking,'' was read the third time, and pass
cd. Ayes, 81; noes, 8.
Those who voted in the affirmative, are,
Mr.. President, (Augustus,) Messrs. Bell,
Campbell, Coffee, Green, Granburry, Gille-
land, Hughes, Hill, Ives, KERN, Lefore,
Love, Marshall, Miller, Mathews, Thomas,
Watts and Walton.
In the negative-Messrs. Cox, Kerr, and
Phillips.
The rest fthe day was consumed in con-
sidering the orders of the day.