Indiana State sentinel. [volume] (Indianapolis [Ind.]) 1845-1851, 1845-12-23
Che 1n0iana legislature.

HOUSE OF REPRESENTATIVES.
FRIDAY, Dec. 10, lS45.

HOUSE OF REPRESENTATIVES.
FRIDAY, Dec. ~, lc4o
AFTERNOON
Mr. Carr moved TO suspend the order OF business, IN
order take under consideration the bill pending al The
last adjournment.
Int resolution of the Senate on the subject of over
flowed public lands, was read third time aud passed
also
a bill to attach Upton county the eleventh Circuit;
also.
A bill for the relief of Francis I.afoniain: also,
bill regulating the jurisdiction OF Justices o' 'ne
peace in Miami also,
bill of the House relating TO mortgages; regulating
fees of sheriils also
To amend the law regulating the practice in the llh
circuit
The bill to amend the Revised Statutes. in relation TO
the of deeds that shall not he ne
cessary for acknowledgement of the REIMBURSEMENT o
right dover of wife be taken separate aud apart
from her husband, read third time and LOST OH lis
passage by vote uf ayes 46, nays 90.
The bill Of the House, To amend the Revised statutes
in relation TO Owen county read third time and
passed.
Mr. Hall moved to take from the table bill 10 amend
the Revised Statutes that the word assets shall mean
real well personal estate in The settlement OF
estates which prevailed, and the bill read
third time and passed.
The bill for tie relief of Daniel Dayhutf was taken
from the table aud lost the question OF lis passage
The resolution from the Senate, III relation 70 me
election OF State Bank Directors was taken up; when
MIR Cruikslank said, that iuasmuch charges had been
made against the State Bank Directors and committee
engaged III investigations he therefore moved
10 lay the resolution the table, until The committee
reported; which motion prevailed.
The bill of the Senate incorporate the Grand Lodge
OF Oddtellows was read twice aud referred.
The bill of the Senate provide for the improvement
of roads IN certain passed second reading
The bill of the Senate to auhorise the commissioners
Of Jefferson and Hamilton to employ physician passed to
a second reading
The bill Of the Senate to correct a misprint in act
in relation the Of John Cose read thee
times and passed
Several other bills of the Senate read and passed
10 the further action al the House.
The bill of the Senate for the payment OF tolls on the
Wabash Ere canal IN par funds read twice ana
referred 10 the committee canals aud internal improve
ments
The orders of the day having been gone through the
House again proceeded the consideration Of te amend
the committee corporations 10 he pi '"' Tue
incorporation of the LoganspoTt ana hoc"es'ei 'e's'
Road Company.
Mr. Downing Withdrew his amendment
The question being on the amendment OF the commit
corporations,
Mr. Clyner said on the question or Interpretations and
the Liability of khoders, far as banks are concerned
he willing go far as he who goes The iaf'hes ~
making siock holders nd, dually liable; but he considered
there was a marked difference between corporation
authorised printed pieces OF paper as money ana
incoporatons calculated give iaces for the trans
oraiion OF produce lie showed the great advantages
of works of mpro, eneu brought about by nc"rPoron
of companies Radical his county on The SUBJECT
of Banks and interpretations, they would not be "ing
to place a clog interpretations for internal improve
party, when the interests oil tue country were
at stake Other bills would be presented at thus session,
one for Railroad from the falls OF the ONO to Columbus
connecting with the Madison aud indianapolis Railroad
Mr. Nj Donald was surprised the course oi the gen
teman from Elkhart. lie says he has higher ana
holier motive than party, IN opposing tins amendment
So had those who chartered the United States Bank
higher and hoer motive their course on that qn'son
and vet gentlemen who were opposing this amendmen
had spoke long and loud Of the widows and orphans tina
had been ruined and plundered by that institution lie
he nd
cardinal principles of democracy lie then proceeded
gumen at length TO give reasons ia ia'o oil ih
amendment of the committee.
u Cvmor remarked that it would be recollected that b.
drev Distinction interpretations for banks an'
Objects. lie considered such interpretations as ineon
sisen with the spirit aud genius oil our Tree INSTITUTIONS
Being priv ege 4 make money credit and not on al
actual investment Of money lie prce ded, at condeIa
bic length show the evils oil banking but conende
that in like the under consider
calculated to advance the Of the State, aud h
thought il pushing radlcam 100 ia TO destroy oui o"
interests by proposition ike TINS
Mr. opposed the amendment, as calculated TO proven
: the improvement 0i the State.
Nj Weber said that nc like the gentleman ot
Elkhat, radical but he willing to carry his radica
ism little father. He for no halfway measures II
principle lie was ~ favor of having inserted IN The ~
corpora for chuIche, houses and all other OF
d j-cis He favor of all corporations paying the
debts. The gentleman from Ekhait goes Tor individual re-
possibility with regard t. banks, but thinks not neces>;
~ for roads and canas-they he contended were Circulate
r to benefit the country lie had heard the agune
II used in favor If banks-thcy TO benefit the COUNT
and particularly poor of the country II was said tn
corporations would not 90 into operation thus clause
" insertedths might be the case SO long as there was no
Of procuring charters without II; but II dii not make
a provision less necessary.
The question then taken inserting the ndvidu
" liability clause which decided In The neSiuVe-Ay
IS, noes 60.
e. ArEs-Messrs Bowman Buns, Carr, Coon, Endco't, FL
o. Ier Logan Mcdonald, Mickle Mooney, Moore, Osborne
Scott Se wright Secrest Sh,nks Slater Sleeth, Tedfo
ne Turner yandeyeer, Webb, Webher, WHEY, Wilson oil y
Wilson Of N and Wilson of S.-2S
no Ncss-MessIs Baker Blackwell Bumheld Cameron, {;
man, Carter. Chambers, Clements Cymer, Coin, Condu'
N, Cookerlv Cornelius Cox, Davis Dole DJwhns, Edwar
IRE Ellis Ferguson, Ford, Hall Of Gibson, Hall oil warren III
vey IIazergg Henry, ienton, Heron, Hill, Hinchm'
Huff Jackson Jones' Julian, Kerr, Kimbern, LanuS. lie
"u man. Legs, Lemmonds, Lewis, Lowe Mccormick, MGR
!" Mceker Monroe Morrow, Nelson. Nofinger, Osborne OF
es- Parker Pennington Porter, Powers. Riley Rppey Rob-
no son. Rousseau Ruby Smith, Sanhed, Sapp, stewart,
nc ber Thompson Tomlnson Watt Wise and Mr. Speaker
ce Mr. Osborne of Lapore now proposed to amend the b
nd that each stakeholder shall be Individually liable Tor
Al, the amount Of his stock which
be unpaid if the company unable to pay The same, owl
TO its insolvency; aud stockholders shall be compel
pay debts of said company, provided Tor ~
section other stock hodes thereof whose stock may
III main unpaid in whole or part shall be liable u
Ia holdes their proper share of SAID debts. which II
be recovered by bill i'll chancey, or action OF debt or
sumpsit-
MIR Mcdonald moved to amend the amendment, so 4
said stock holders shall each be held responsible all
~, their individual capacity to the amount oil stock
" owned and subscribed failure of said company
a> discharge all dbililies
Mr. Secrest moved to commit bill and amendments
ne a select committee winch motion did not prevail
er. Inc quesuo, W. ''e" 'd"e" oi 'ii INV" ">
- meni, and decided in the negative.
~ The question recurring the amendment offered oy
ioe Osborne, il was decided IN the affirmative.
Ind The BILL amenied, thea ordered TO be eRgros
rb; The House adjourned.
ate SENATE.
SATURDAY, Dec. 20, 1874:
The Senate assembled.
tbo ittpcO no md