Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-03-24
Ltratuta 1r0t0ldture.
n fpSrsp,Y. March | 5
EVENING SESSION.

the rol on the amendment OF Mr. Brown Il r.. render
Ing Stockholders liable ior the detts OF the banks
ding Ia the par value Vt their stuck The amendment
was rejected as follows
.sycs-Messrs Holloway Iiarvie, Co, Of n L.. Jonc,
Of b, Rddck, Harrison Of b., Vaughan, Thomas, Nc
laagh,in tucrrant Clark atkins kincheloc Armstrong
Da,is X. SO, nabney Woodard Cicndenin. Ipllada,
Marshall, Martin OF Marshall DggsRo,d, Scott Meek
Morgan, Harrison OF NJ Lyon, tnsgeiald Iden Mcphe
Sm.sh Of X, co~an Qasn, Warren, walker, Martin Of
T. and Back-42
.NSes--Messrs. southai, fspeahcr) kiapey, Brooke.
Msyse, Ninshcld, MITCHELL Hunter Nenkifk Robinson.
Jones OF H., Moore, rocr, Nonln Samuel ApIerson Gard
well, eroadfs, Irving, Brown of y. e. w semple,
oifanquer, Foster, PAYNE s, Early. french, Robins.
Esskinc Vance, pugh, Thompson, Mullen MeRae, GEg.,
m.y MciIhaney, banks. smith Of NJ i J., caperon Davis
Of Montgomery and Pulaski, unck Tavlor Of n b. Ether
Ms-, VERIFY, Edgng'on liincr keen ormes, Dey Elliott,
wich-Gs
(Mr Bap,is, was here announced from The Senate =
lie stated that the Senate bad passed resolution kr
final adjournment Of the Legislature the 2Sd inst
Mr. Cfuiehfeld moved 10 strike The following
words: 'iho several branches shall I've required TO make
such cnriainent rs may frum time 10 time be- d
reccd by the Prcsideni and Directors IT the mother
banks, corresponding with and the same prdl, rtlois
to their capital stock. as the mother banks may direct
rurtailmenis TO be made in their own loans OF dis
c,nntsn
Tbs motion agreed o-aycs 81 noes 81
Mr.. Caehield then moved To strike out tho follow
ing: ner shall any male Stakeholder lie Permitted 10
vote by pnxy who resides within ten miles Of the
place al voting; shall any pcrsn. as proxy give
more than thirty votes unless the proxy of single
q ne Stakeholder, in which case he NAV give as many
votes as snch St6ckhder could give if personally pre-
sent"
Mr.. Cru.chfield adyocated and Mr. Hollcnan opposed
the moaon. II was sdop,ed-Aycs 81 noes So
Mr.. Taylor Of n. H.. offered amendment directing
that cnr,saens should fall much Ms posblc ON ac
csanmctaiion paper Respected. ~ to A
Mr. Iiaryie offered the following amendment: De il
further enacted That the Treasurer Of the State he d
rc,cd aud required to make sale # much of the stock
hcldhy the State in the several Banks Of this Common
wealth will be necessary u discharge the debt due
by the State 10 the several Banks OF this Common
wealth., and that in making such sale he select for that
purpose stock held by the State in said Banks, in pro
portion the amount held by the STATE each Of .aid
Banks
Mr.. Cuichfcld moved 10 amend the amendment by
adding proviso that the stock he not sd for less sn
par value Mr., liaryic refused accept tho amend
mcnt, know ng well that the stock weud NOT IA, sold
al par.
And on tbs amendment tho ayes aud noes were called
and siood-ayos 50, noes -
The question then REQUIRED ON thc the amcndmcn, as
amended aud II WAS rejected.
Nj: Martin ii Marshall. proposed further To amend
the bill by providing that s. long the Banks remain in
a state suspension, executions upon any judgement.
taken out by them against Their debtors shall be- STAYED
Mr., Daniel opposed II on the ground that the bank
would thcrty he prooluded from collecting thcr debts
and cur,ailins Their discounts measure hich was
constantly advocated by the friends Of resumption as
necessary to effect their ol,tris.
Mr. Tayl5r of L., called the Previous Question and
the amendment was rejected ayes ~ noes 100
Mr.. Taylor Of \. b., onered amendment excmp,ing
until May 1913, the Exchange Bank from the rss,rlc
tons placed on Directors, in relation the amount OF
their loans. SC. Adopted, so 10 A.
Mr.. Scott moved an Amendment p ~ fhc banks 60
days after the resumption It'll, 'J r, aud Phlalcl
pha banks 10 resume instead "a. tr htm 10 rcsum,
Immediately after these hda $ cd A,,nt
G., - % II.
Mr.. llollpman then moved IL strike ou, The following
FROM tue h scrton 3n case f ane .,r suspension
hy said hanks. in Baltimore and Philadelphia. the banks
of Virginia shall moi, len the rer,,d speh suspension
be required 10 continue Specie patmcns and the various
liabilities the banks tor iaa1 ply N specie shall
not attach upon sad banks; Shalt The said banks he
snreci to resume nor to the "na Fl failure 50 to do
ill the first Nov. next.
This amendment advocated hy Mr. Hocman
and opposed by Mr. nania Ii then rejected
AYES II. N1rs 50
Mr. Daniel offered an amendment providing that the
banks might pay their deposits aud discounts IN such
current notes they Were the habit Of receiving Re
icctrd.
Mr.. Dorman then moved the previous question on the
cngTcss;nenl Of the bill. III motion was opposed
hy Mcssrs Ioruan (who called e the ayes and noes
and Thomas (who read an amendment which he wish
cd to off, before the bill cngrss,d) The IIous,
refused to sustain the previous questons.-Aycs 81
nos &c
Mr. Thomas then offered the following amendment.
BE il further enacted that shall ho the duty of the
President and Directors OF the several banks and each
brlncI thereof 10 keep offering book journal. in
which shall be entered weekly fair and full list Of all
notes, drafts, accepances aud bills foreign aud domes
tic, loauej discounted and purchased stating distinctly
the amount Of each and the OF the several draw
crs payers, acccpors and ondoIsrs thereof Which said
Journal shall be kept alwa, opcn to the Inspection Of the
public at the counter OF the said hank branch during
its business hours; failure therui, or a refusal L
exhibit sand Journal to the public inspection, the Pcs
dent and Cashier OF said bank branch shall be subject
oa penalty of 100 each for every failure, TO be recover
ed by information prsen,ment any court of record
having jurisdiction of the same
The question ON this amendment was taken hy ave.
and noes, and resulted in the afma,ive-aycs 49, noe
40.
Mr. jackson moved the previous question on the en-
grossmcnt of the bill which was carried and the bill or
dered to engrosscd.
On motion of Mr. jackson, the House adjourned
O'Clock.
TnuaspAs, March 10Th.
Mr. Mellhaney moved thai the House take up the hll
concerning the Banks ofths Commonwealth" Agree
to. The question upon it's passage.
Mr. Scot, moved the Previous Question.
Mr. Hopkins called Tor the ayes and noes.
The bill was then passed. Is t'l.us,
AYES-Messrs Southall (Spcakcr) Davis Of A., Kin
ncy, Brooke, Mayse Wngied, Mitchell, Hunter, NsNkuk
Jones of B., Moore, Toler, Nowln, Samuel, Apperson
Cardwc Broadus, Brown oil F. G. s w, Scmple, Thomas
Scott Of r., Foster Mclaughlin, Payne Woods, Early
Wood, Byrd, Robins, Gueran,, Erskne, Spence Vance
Pugh Thompson Mullen, McRae, Griggs, Bowden, Moer
Smith Of kanawha allace OF n c., Taylor OF L., Ramey
Mcllhaney, Smith Of M. and J. Morgan Davis Of W. and
Orrick, Taylor Of n b. Eherdsc, Watts, VERIFY Edging
ton Hner Grimes, Wilson nay, Elliott, STROLLER, Dan