The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1843-01-12
IN SENATE.
"Wednesday. January 1

Wednesday, January4
Mr, Rogers presented 4 bill, authors.
ing the Literary Board to issue one mil.
lion Of dollars, and to make loans, which
was laid on The table aud ordered 10 be
printed.
Mr.. Elliot moved 10 reconsider the
vote by which the bill and amendment to
repeal the act establishing 4 new county
by the name of Caiawba was rejected.
Mr.. Joyner moved 10 lay The motion
on the table. ayes ID, noes 2S. A debate
of much length ensued, in which the ar
gnments pro and con Of Yesterday were
sgain brought forward. i
Mr.. Thomas demanded the ayes and
NOES upon the question of reconsidera
lion. and by ayes %, noes a, the Senate
refused 10 reconsider. - .~~... .~~.~
The Bill for the assessment OF IReal
Estate was amended BY extending its ope.
ration to 10 years. Z Passed its final read
ing,-ayes p, noes 10. ..
HOUSE OF COMMONS.
The question pending Yesterday, was
on The resolution of Mr.. Jones, of
Orange, relative TO accepting the surren-
der OF he charter of the Bank of the State.
, MIR. Jones asked leave. to ofief modi-
fcaiion OF his resolution; which he did as
follows: ~a.* So.
Whereas the stockholders of the Bank
of the StEte have rendered a resignation
ot their charter to this Legislature, there
fore. i. .=%.- - -
|. Resolved. That this Legislature do,
aid they hereby accept the same and
from and after the adjournment OF this
General Assembly, all the powers, priyi-
liges and rights conferred by the said
charter, shall cease and be determined,
except Tor the purpose of gradually wind
ing up the said corporation as NAV be pro-
vided by law, during the. presen; or any
future session Of this General Assembly. |
2. Resolved, That we will not send
any agents 10, Bank meetings with or
withou! instructions, to notigate terms of
any sort with Bank stockholdars-we
neither desire their aid. nor will we sub
NIT 10 the control OF Bank corporations,
about the measures to be adopted upon a
surrender Of their charter. |
3. Resolved, Tha, the Speakers of the
Senaie AMI House of Commons, do forth
with communicate to the stockholders of
The hank OF the State the following ans.
ver to taeir Offer, to surrender their char
er heretofore granted to said corporation:
THAT the Bank of the State is willing
o surrender their charter to this Ganeral
Assembly, the said offer will be accepted
~ the legislature
4. Resolved, si'hat joint select com.
aittee Of three on The part Of each House,
'e appointed, with instructions to prepare
nd lay before this General Assembly, at
he earliest das il is practicable, the best
nd safest system for managing the funds
i the Bank of the State, and to put them
nto the hanls,of competent agents, 10 be
tosen by The Legislature, and particularly
ow, AMI in whal way this surrender may
e best used as means TO relieve the peo-
lie instead of expressing them, andsto
o this in such way as will enable the
ebtors to renew AMI pay OF their debts
y insialments, with convenience TO them,
nd safety to the owners of the fund
nd especially TO guard The interest of the
tate as a stakeholder, and protect the
lblic against imjury-which said COM
llttes has leave /, sit during the session
T The Assembly, and TO report by bill or
tlefwise. /.
MIR. 6arfinger moved the following as
substitute: a j.. s...-.s... ..<.7 ....
Whereas, the Individual stockholders