Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-01-17
HOUSE OF DELEGATES.

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An Act to revise an Ac, authorizing ferry from The
land Of Juhn Brown in the county of Mason across he
OHIO river.
An Act annexing 10 the county of eghany part
of the county of Monroe.
An Ac, fixing the School quotas of Grayson and Car
| roll counties.
An Act changing the time of holding the Circuit Su.
peror Courts OF Ohio county
An Act to authorize two separate elections in the
county OF Nicholas, and in each OF the counties OF
Giles and Monongpa 10 change the place OF one and
the Of the village at the seat Of justice for the
county of Carroll
An Ac, incorporating Kinsae Academy in the county
! OF Nansemond.-And
An Act to ascertain the School Gnoias Of james City
York and Williamsburg
MIR, ANDERSON from the Committee of Schools and
Colleges, reported bill to establish The State Armory
/ School.
The engrossed bill changing the time of holding the
quarterly terms OF the county court OF wayne was read
a third time and passed.
Petitions were presented and referred, viz: By Mr.
BRawSER of sundry citizens OF Prince William, Tor
precinct election Independent lli:-By MIR CRiTz,
of the officers of the 10th Regiment, Tor law esa
blshng The training OF the officers OF said Regiment at
Payne and Watkins store by Mr. LEfTwIcn, eri-
dence in case of memorial of John Blair against the
election of John Carroll:By MIR ANDERSON, OF ci'i,
gems OF 7. Edward, demonstrating against the change OF
the court days of said county.
The following Resolutions adopted:
| By MIR. BILOXI, instructng the Committee OF Courts
of 10 inquire INTO the expedency OF providing by law
Limitation 10 the right of action in favor oil assignees
asains, ass,gnos upon bonds for the payment Of mo
ney.
By Mr.. SrRoTHER, instructing the Committee OF
Courts Of j. TO inquire into the cxpedency Of so amend
ing the act concerning the county and other inferior
courts provide that any three justices thereof may
constitute court ins,ead Of onr) except in such
where a greater number may be by any law directed
MIR SrovALi offered the following resolution, which
on motion of SIR tl"rHrSs, was laid upon the table
Resoced That on and after the first day of February
n,,t the hour of meeting of this House shall be at
clock for the remainder oil the session, unless other
wise directed by the House
Mir CRurcl,rrlp moved substitute for "the bill to
provide for The payment of interest upon the bonds OF
the James River 4 Kanawha Company guaranteed by
The Commonwealth" The substitute provides that, III
addition 10 the interest on the guaranteed bonds due
the LIST JAM lSI3 provision be made for the payment
Of the semi annual annuity to the old James River Com
PAW due Isl January 1913, and OF the interest due the
LIST January, sI3 on the State Stock loaned 10 saic
COMPANY under the act OF March 18th, lSI2; but
thing in the bill shalt be construed to affect impair
the rights and interest of The State, secured under The
mortgage executed by the Company, under the act o
, March, 1872
The bill and substitute were laid OIL the table, ant
ordered TO be printed.
Mr. ANDYKsoS, from the Special Committee appoint,
ed to investigate the concerns of the James River ana
kanawha Company, made report, in part, III whcl
they recommend that the Resolution OF this House
requesting the President OF said Company 10 delay c
presentation to the Treasurer Of the Commonwealth
for his signature Of any other certificate of debt au,lo
rzcd to be issued under the OF 23d March, lS30
until the concerns of SAID Company shall be investi
gated &c be rescnded.
, Mr.. TAYLOR was not satisfied that the Committee
had made sufficient investigation INTO the affairs o
the Company he not willing to rescind resolution
solemnly adopted by this House, which required
thorough examination.
Mr. CRurcnriElD said that, rs far us the guaranteed
bonds were concerned, the committee had made iul
examination.
Mr. TALIArERRo hoped no difficulty would be thrown
the way of the resembling of this
" the committee had reported in favor of resembling
after having made an investigation. He thought The
conducting OF the affairs OF the company rot at all con
neced with the issuing of these bonds-even shou'c
the Treasurer withhold his signature, the obligation Of
the State would be as strong
Mr.. ANDERSON said that the committee, upon ful
examination OF the statutes and the facts connected wit:
the guaranteed bonds had come TO resolution which
! he thought could not be reasonably objected.
Mr.. TAYLOR thought the committee had sufficient
ly examined the guaranteed honds-no harm could BIZ
done by devotng little time TO The further examination
of this subject in order TO The ascer.annen Of the
aud kanawha Company.
MIR. CRurcnFlELD explained The amount tf said bond
and why the resolution Tor delay should be rescinded
Mr.. foLgR sustained the rescinded resolution of the
committee, who eer invests CATION had ascertaned tia
there had been misappicsion Of the funds by the
company.
Mr.. VERIFY sustained the report of the committee
hlr. loLLsMAN thought enough Of the guaranteed
bonds should be retained 10 meet the interest; which The
State has been bound TO pay. lie therefore was op
posed TO eSciGdng entirely the resolution of delay
ar. Anderson thought that these guaranteed bonds
should be issued there would be reputation in ac
He was friend Of the James River il Kauawhu
Company, but he opposed to every violation ofh
pigh,ed faith Of the State
Mr.. RAypoLpn had studied this subject in its behring's
upon the Finance, Of whose Committee he was Chair
man. lie could not hesitate TO vote for the issuing OIL
the guaranteed bonds. Ii rescind this resolution
aud grant increase Of tolls, requested all the tolls
would be received in current money and tie Company
be in condition to repay Tie January interest, and
prepared to meet the future debts. But if we stop the
issue of the bonds, The scrip and post notes would be
receivable in tolls, and the Company would not receive
current funds enough to provide for the interest falling
due which the State would have to meet Instead oil
paying 100000 cash 10 meet the interest the Com
debt, he preferred endorsing their 900 bonds
lie was, however, clearly for The Sntes taking unde
s charge the election Of the officers and the manage
nent Of the affairs of the Company. When the prope
time came, he would go FAR any for guarding The
State against paying than she really ant
| Justly bound for
Mr.. TAYLOR moved 10 Law the resolution on The
table. The vote beiny-ayes 81, nays "a. The Chair
man pro tenn (alr. Watts voted in the negative wher
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of the committee.
Mr.. HotLEMAS offered substitute, that "th
Treasurer Of the Commonwealth be instructed TO with
hold his signature from many Of the bonds OF Thu
James River and Kanawha Company, which wsre II
be guaranteed by The State, may be equal in
to the sun which the Commonwealth may be require
to pay, account of interest due from sal. COMPANY
on the Is, day of January, 1913"
Mr.. HoLLEMAS gave his views in support Of the sub
stitu,e, and charged the James River and Kanawh
Company with having issued paper circulation in tn
shape of scrip, post notes and certificates of debt
This company might have paid the interest if they ha
properly applied the funds, and We ought to retail
SO many of the bonds as will provide for the nteres
paid by the State.
Mr. TALIAFERRo suggested that as the hour was late
and the proposition of MIR. IolIeman required conside
ration, it would be better TO lay The subject
Their day; which was accordingly done.
Mr. LrprwIcn offered resolution requiring the Com
mt,ee of Courts of J. to bring in forthwith bill 10 EN-
power the Speaker of either House to issue
witnesses to appear and give testimony before com
mi,lee of either House, under penalty &c-Apreed ,c