The North-Carolina standard., 1844-12-11

ii " Be IL jarther enacted, That to secure the ere.
Editors of the Company in addition to the property
of said corporation each Stockholders shall be liable
\ 10 the creditors thereof in such sum as IS equal to
the Stock, subscribed or ownsdby him, and each
creditor may have action of debt against all or
any of the Stockholders"
4 Messrs. Lindsay, Francis, and Boyden opposed
the amendment and the latter gentleman offered
] the following amendment othe amendment of Mr..
Biggs:
"And that the individuals composing said Com
pany shall, when they make their return as direc-
ted in the section Of their charter of incorpora-
/ ton to the County Court, make in said return an
exhibit of alltheir private means and Liabilities
and said returns shall be open to the inspection of
all persons whatsoever"
The hour of 12 having arrived, the Senate ad-
I iourned to the Hall ofthe House of Commons, and
the debate was cut off, After their retnrn to their
own Hail. on motion, they adjourned until to-mor-
row ten o'clock.
HOUSE OF COMMONS.
Received from the Senate Message, Informing
that they had passed the cngrossed bill to cede to
the United States certain tract of land lying on
the Island Of Portsmouth, Carterct county, for the
purpose of erecting Marine Hospital thereon,
and asking the concurrence of the House. The
said Bill was then read the first time and passed,
and on motion. the same was. by unanimous con-
sent, read the second and third times, passed, and
ordered to be cngrosscd.
! The Speaker laid before the House a. memorial
OF Francis E. Rives, of Virginia, praying for
charter by which he may be permitted to charge
on the Rail Road between Weldon and Marga-
rettsvile, the same per mile as is allowed to be
charged on the Portsmouth and Roanoke Rail
Road
Mr. Cherry moved that said memorial be re-
ferrcd TO the Committee on Internal Improve
mcnis
between Messrs. Shepard, of Wake, Moore, of
Halifax, Hauehton, of Chatham, and Mills, of
Rutherford. Mr.. Haughton opposed the refer
ence. He was understood to contend that this was
an appeal from the Supreme Court; that there was
want of respect to the Legislature in the Memoir
al that the petitioner had no title to the property
claimed and that it arraigncd the Supreme
Court.
To these arguments Mr. Shepard replied that
the petitioner had title, because no property
empl from execution unless tally excepted by
staute; and further, if it is exempted, what he ask
ed, became ofthe mortgage held by the State upon
the I:.aleigh and Castor Road2 1t was utterly
worthless. Suppose, said he, ferryman gives
bond in the sum Of $1,000 to keep up ferry, and
A. has an execution against the ferryman-can-
not A. levy upon and sell the ferry-boat? And
who, then, is indictable2 Why, certainly not A.
the plaintiff, but the ferryman. He supposed an
other case. A. has an execution against the over
seer of Road, issues his casa and imprisons the
ovcrsccr-who is indictable for not keeping up the
road2 CcIta'nly the oversccr, ana not the plain.
tiff. MIR. Hauehton had talked of frrpudiation. III
there was indeed any reputation, said Mr.. S. it
was on the part of the Company and the State,
which encouraged il in withholding the debts it
owed an honest man. As to the argument that
the Supreme Court was arraigned, he said This
was memorial 10 the Legislature, and that the
Legislature was distinct branch of the govern
ment; and to Mr.. Haughtons argument that this
was an appeal from the Supreme Court, he replied
that he had thought there must be previous udg.
ment before an appeal, and the gentleman had
just id there had as yet been no decision.
Mr. Haughton remarked that Mr.. S. and his 20.
1itica friends were notorious for their horror of
corporations and yet n democratic Legislature in |
1886 had invested 100000 IN the Wilmington
Road.
= Mr. Shepard thanked the gentleman for this
new, original and witty remark. 1t was one he
often heard from the Federalsis-especialIy those
OF them who could not sHsain themselves in argu-
mcnt But what, he asked was the truth in re-
gard to this investments Why, the Governor
himself admits in his Message that this democratic
nvestmC is safe, but admonishes The Legislature
to look to the Federal stock of 1888 and Ia4o,
which was below par and entirely unsafe.
After some further sparring between Messre
Mills and Shepard, Mr.. Moore took the floor He
contcndcd that the cars of a Rail Road might be
sold, but Rail Road could not be purchased at a
Sherih's sale. To this Mr.. Shepard replied that
the gentleman from Halifax admitted that the cars
could be executed, but in the next breath contend
ed that the Road could not, for The reason that the
public were interested in It. Were not the public
equally interested in the cars7 How could their
Convenience be promoted by Road without cars2
You may then, said MIR. S. execute the cars, Stop
The mail, prevent travelling, blow up the engine.
but you must not touch the iron rail- hope, con-
tinued Mr.. S., ifthe Supreme Court decide Rail
Road not liable to execution for its debts, they
will at least give better reasons and mole whole
some logic to the country for so doing than the
gentleman from Halifax has done
The Chair announced the arrival of the hour
at which the two Houses had determined to count
and list the votes cast for Governor at the last
August election; and the Senate was informed of
he readiness of the Commons TO receive that BODY
in the Commons Hall.
The two Houses then assembled in General !
Convention, Hon. B. S. Gather, Speaker of the :
Senate, presiding. The Clerks ofthetwo Houses.
in presence of the joint select COMMITTEES, as Tel
ers, proceeded TO examine the several returns of
he Sherifs, and to declare the number of votes {,
given in the several counties of the State which
having been done, the Speaker announced the re
suit as follows 1A
/" Gentlemen of the Senate !
and Of the House of Commons: $
"Ihe returns of votes given at the late election
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