The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1841-10-02

The Senate resumed the consideration !.
Of the bill to be entitled, "An act 10 .
transfer the stock now held by the State j,
in the Planters bank and invest the same !,
in stock of the Mississippi rail road com. I,
pany," which was read the third time on !
yesterday.
The President named Mr.. Augustus to
take the chair.
Mr.. Boyd offered the following a.
mendment to said bill, by way of ryder,
to wit:
Section And be 1t further enacted.
That the powers, rights and privileges
conferred by this act, and by the acts en-
titled, Gan act to incorporate the Missis-
sipPi rail road company" approved Feb.
&c, 1886, and amendatory or supplement
tary thereto, shall continue and be in
force until the year 1880, after which
time the rail road shall become and be the
property of the State.
Said ryder was read the first time,
Mr.. Tucker offered the following
amendment to said ryder, to wit:
Amend ryder by striking out "eightyn
and insert sseventy-one.
Which was not adopted.
Said ryder was then read a second time,
and adopted.
On motion OF NJ Boqd,
Mr. Tucker offered the following
amendment 10 said bill oy wa of ny,
| der.
Amend by ryder as follows.
Section Be it further enacted, That
so soon as the said Mississippi rail road
company shall dispose of or sell the scrip
mentioned in this act, said company shall
loan to the Tombigbee rail road compa-
ny such sum of money as said Tombig-
bee rail road company may require, not
exceeding five hundred thousand dollars,
at an interest not exceeding six per cent.
per annum, payable at the end of each
and every year. And that such loan shall
be for such term or number of years as
said Tomblgbee rail road company may
require.
Thus requiring the Mississippi rail
road company to lend the Tombigbee
rail road company, half million dol
; lars, at six per cent, as long as the
Tombigbee rail road company might
desire to keep it. Truly liberal in,
, deed.
Said ryder was read the first time.
Mr.. Grayson moved the rejection o.
said ryder.
And the question being taken there.
on,
1t was decided in the affirmative.
The ayes and nays being demanded by
= three Senators,
e Those who voted in the affirmative
t were, Messrs. Bell, Boyd, Brown, Dease
g Cranberry, Grayson, Hadley Haley
Ives, Montgomery, Maury, Smith of KEN
> per, Smith OF Lawrence, Treyweek an
Wall-16.
g. Those who voted in the negative we're
1t Messrs.Augustus, Green, Kyle, Matthew:
r. Ragsdale, Ray burn, Tucker, Walker, an
Walton-9.
Mr.. Tucker offered the foIowin
n amendment TO said bill by way of ~
.e der.
a. Amend by ryder as follows:
Section And be it further enacted
That this act, whereby the credit of tn
'r State is pledged for the payment and re
u demptlon OF the loan contemplated b
lie this act, be referred to the next Legisl;
IT. ture of State, in pursuance of the mint
y section of the seventh article of the col
II. stitution, and that this act be publishe
: under the direction of the Governor
no this State, in at least three newspapers
this State, for three months previol
lat to the next regular election, and tn
oy this act, together with the yeas ar
nay thereon, be entered on the iourna
"u of the Senate and House of Represent
'n- tives.
las Said ryder was read the first time.
mn Mr.. Cranberry moved the rejection
=. said ryder.
'0n And the question being taken Their
hot on,
1t was decided in the affirmative.
APP The ayes and nays being demanded
IS a three Senators,
has Those who voted in the affirmati
E we're, Mr.. President, Messrs. Bell, Boy
Brown, Dease, Cranberry, Graysc
the Hadley, Haley, Ives, Montgomery, Nj
c ry, Smith of Kemper, Smith of La
SUI renee, Treyweek, Wall, and Walker
ing II.
per Those who voted in the negative we
he. Messrs. Augustus Green. KYLE, NJ
: lhews, Ragsdale, Rayburn. Fucker, a
WaIton-3.
SORT Here was an amendment offered VIII
IN the Constitution of the State renders
'ne tireIy nugatory because that instrum
OFT agreeably to the amendment itself, NAL
noS' the requirement suggested in the anne
si'0 ment.