New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-02-16

5th Observation-Disclosures. 100
9th ...................-... 1IV
ASST ,snt Vice Chancellor of the Isl Circuit
AboSes the salaries allowed 10 the porters OF Tue
Supreme Court and The Court Of Chancery.
By Mr. FRAsKLIN, against the petitions for the
alteration OF the quarantine Of merchant vessels In
the city Of New York. Agreed to.
MorIoSs, RESOLUTIONS AND NoTlcEs.-By Mr.
Ely, to inquire into the expediency Of abohshins
the Supreme Court Clerks Offices except at Alba
n.y. Agreed to.
Mr. Lori gave notice Of bill to protect bona
hde purchasers against the operation OF DEGREES IN
bankruptcy in certain cases.
By Mr.. Roor, that two members be added to
the Committee to investigate abuses in the man
agement of the canals, and that Mr.. A. B. DICK
INsoN, be one of the two.
The mstion rejected to II.
bill extending the time for making second
ard final dividend TO the creditors of the CONNER
cia Bank in the city of New-York, was received
from the Assembly; and ION molten of Mr.. SCOTT,
at once had three readings and passed.
Mr.. DICKINSON offered resolution, sailing upon
the Comptroller for report concerning the canal
contracts Of David Hamilton. Laid on the table.
Adjourned.
IN ASSEMBLY.
PETITIONS PRESENTED AND REFERRED.-tor
PoI
and pearl ashes for an alteration of the Common
School law /; for aid to the NcwYork and Erie
Railroad of keepers of sailors boarding houses
in the city of New ork, relative TO the loan OF ten
| thousand dollars to the Sailors Home; of Sherman
Pratt and others, of Cortland, for regulation OF
the present mode of Banking; Of tue same, for an
alteration of the system of Brokers in the State;
of the same, for a new regulation relative to the
| foreclosure of mortgages
This gentleman and his associates ask that the
present system of Banking shall be SO regulated
as that the loans should be made from week to
week tina, the Brokers shall be forced to pay a
license fee, varying from $l,000to $4,000 that
the old Massachusetts law relative TO sale on tore
closure shall be revived, so that so much land
as is sufficient to pay the mortgage shall DO set
apart by two appraisers.
For modification of the laws relative to the
inspection of leather
The Speaker presented petition of Pullen and
Copp relative to abuses on the West otockorloge
Railroad.
BILLS READ THIRD TIME AND FAssED.-De-
claratory o: certain provisions Of the charter OF The
New-York Society Library.
To extend the time for the making second and
final dividend among the creditors the CONNER
cial Bank.
This drew out debate as to the propriety of
inserting a mandatory clause, compelling the re-
ceiver to make dividend of the assets on hand, in
which Mossrs. Thompson, Nichols, W. Hall, Al
len and Hathaway participated The bill passed
The Committee Of the Whole, Mr. E. F. WAR
Rem in the Chair, took up the bill to provide tor
the payment of CONTRACTORS and others on the pub
| lie works.
The first section is as follows:
The sum authorized be borrowed to defray the ex
peses canals By The second subdivision section ve
and preserving The credit OF the State" passed March 90
1872 having been loaned for that object the Coms
OF the fGn are ,aa as not exceeding
hundred twenty thousand dollar ard 10 apply Tue
sam oe payeat OF & aSd a9 m ss
divisions OF the fifth section OF the act before referred TO-
The section passed.
The second section is as follows:
o. The Commissioners of the Canal Fund are authorized
10 The Treasurer in rus for the Common School
Fund.- transferable certificates Of stock in the manner pro-
not exceeding O0Oc0 bearing interest at The rate OF SIX
per cent per annum payable quarterly and the principal
said Certificates are delivered 10 The Treasurer Comp
troler shall his warrant on the treasury 10 favor OIL
and be cerseale or cert6eaes thus issued Shall be held
by the Treafurer investment for the Common echoo
from the capital of Thai fund.- The interests the csrlh-
he bv the Treasurer sha! be paid out OF tha pot
ton of The Income of the United States Depos'te Fnno
which by The sixth and sections of chapter OF the
laws OF leSS was appropriated for FIVE years 10 Geneva
College, the New York Unvesly ana hamM.on ~; ss &c:
each 10 The Two ermer and the latter, until The
farther order Of The Legislature, instead OF The sums appro
| priated in the act before referred 10.
| Mr.. NJ Brown said that if the credit OF the
State was as good as represented to be, tcoud not
be necessary TO abstract these sums from the col
eses, as these institutions depended the faith
of the State given them for their loans, and they
could not go on successfully without them. He
thong ht the State might as well borrow an add,
,iona sum, as to abstract these funds. He offered
an amendment taking the loaa to Hamilton Col
lege from the effect Of the section.
Mr.. McMurray moved also TO except the Uni
| versi;y of New-York.
Mr.. j. c. Brown moved to except Geneva Col
lese.
A long debate ensued, when the Committee rose
and reported, and the House adjourned