New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-09-26

Report from Committee No T. on CoErosAr1oNs other
than Municipal OF Banking
Nh Loom15 explained the principle Of the article re-
ported.
The Report mas appeared in The 7ri5upe with the
The first section now more Immediately before the
Committee Of the Whole, amended By Mr. Nicou by
I. consent. Is IN these words:
al. Special Laws creating Incorporsiious OF Associa
tons, granting 10 them exclusive privileges shan
be passed But the Legislature NAV pass General Law
by which any persons may become Incorporated be
ute 20 OF the privileges Of Corporations comply
ing i'm the provisions 10 be contained In snch Laws AID
all Corporations and Associations shall BE- subject 10 all
such General Laws the Legislature may from tu!e
Constitution"
Mr. LOOMS wished to declare that these institutions
shall be subject to the power OF the Legislature, and
considered that just that all the members OF Cor
porations shoud be subject to the responsibilities
which private individuals under. He stated the di
ference between Corporations and limited partnerships,
and classed Corporations as hrst, manuactUring-se
cOad. roads bridges canals railroads, ac-third insur
auce-and fourth, benevolent literary and religious;
each class requiring separate and distinct regulations
iIr. PERKINS, asked whether different rates OF fare
could be charged different railroads, under gene
ralactt
Mr. LOOMS said that the question was not involved in
this Report He considered the Free Banks 20 beincopora
tons. They omitted to be so called. By evasion
ot the Constitution because OF the great interests That
invested in them before the question came up TO
be decided by the Judicial tribunals.
Mr.. Srow said that the power 10 create incOrpora.
tons, other than for banking and manufacturing pur-
poses, had not GOused. was IN favor OF,
moved amendment for, passing general laws for
banking and manufacturing purposes but desired not 10
20 farther. There now no great danger OF nonCpo
y in corporations for the purposes OF religion educa
ton charity literature The people do complain.
Mr. Loo,IIs said that the time occupied by the Legis
ature OF separate law for each corporation had be-
| come just subject Of complaint
Mr. MARVIN nsanccd as an objection, the case OF the
! dispute between Troy and Albany about the bridge
Different bridges in different situations would require
special provisions for special cases. corporation Tor
building bridge Buffalo Creek, near the city,
the Hudson at Albany, would require different re-
strictons and conditions from Bridge Company for
/ building a river not navigablc
Mcssrs Strong, Cha,,ield Van Schoonhoven, Simmons,
Murphy Looms and others, occupied the floor part OF
the forenoon also during the afternoon, I'LL between
Last night after the steamboat left the Convention
adopted without opposition section of the I'd Finance
article III these words:
iure, of every which imposes continues revves
tax creates debt charge, makes, continues or
rcvives appropriation OF public trust money.
property releases discharges commues any debt or
demand of The state The question shall be taken by AYES
and Noes which shall be duly entered the Journals,
and ,hree-fs of all the members elected 10 either ionse
shall in u such cascs be necessary To constitute quorum
Mr. HOFFMAN, then remarked that the provisions
made by the Convention would secure the payment OF
the state Debt and be example to other States He
would mex. proceed to iX the personal liability OF Cor
porators and Bankers and provide that Corporations
could only be created by general laws and guard Ma
! nicipal Corporations from too heavy debts.
Mr. WoRDEN had unanimous disposition
shown by the Members to pay every debt and uphold
State faith all hazards-the only difference has been
one time a very few years more or less. Another
great object had been secured as ne bclevedthe com
plcton OF thosc,works OF Internal Improvement which
had descryedy secured for Ncwl the distinction OF
The Empire State"
1t was then agrced-J7 to 3s-to take up Mr. Loomiss
I Report from Committee Il, next
would have copied the petition of Prime Ward,
kiuc Il Co. and others, on Banking with the names,
but Il cannot Be found.
| The EiectiUe FraRchiSe- I10 may Elect ard H0ld
Office
Mr. BRUCE OF Madison, seeing that the Convention
within few days OF closing s proceedings brought
once more before the Convention, this morning. the
portant questions OF Who are Eligible aud Who may
Elect He asked what was OF greater Importance than
to define who the People and what are their Rights
and Privileges Committee was appointed and had
reported early day and their number was the 9TH
We had disposed OF No 3, and Of report No. I've had
jumped forward to No IL why hesitate to dispose OF No
after No H. He not now arguing as TO who ought
and who ought possess the right of suffrage what
he wanted 10 have Ike question discussed and set
ted because no would deny that it WAS the most
important subject not disposed OF He proposed 10 take
up Report No, on the Right to Elect to Office and 10
be Eligible Office, next after the subject under dis
cussor
| Mr. CANsRElgNG was the only Member who spoke
in opposition He wished Banking be hrsi considered.
The majority quietly voted the motion down.
! \ DELEGATE-movcd tina; Mr., Bguces motion be laid
on the table lie. tLooREp. The Ayes were %, w:
A>es-Messrs. Allen, Angel, BerSen, Bowdish, Brown,
Brundage, CanbIelens D. D. Campbell Chaiheld, C!ark
/
Hart, Hoffman, Hunt, a. Huntington, Hyde Jones: KEN
BILE, Herman kinesley. Locmis Mann Mcneil, McSit,-
kns Powers President Riker, Russell ST John Sanford,
Sears. Shaw sheldon smith Stephens Swaekhamer Tan
/ Townsend, TulhIl, White WIiald "NpecS' WOOD
/ Yawger, Youngs.
The Noes So viz
N,ys-Messrs Archer Ayrau +. +. Backus, Baker,
Bascom Braylcn Bruce, Bull, Burr Candec, Crcoker,
Doplcu, Ge6lard, Graham; Aawley Ho'ehkss Z Hunt
Paterson Pennimsn Rhoades. Richmond. salisbury,
Shaver, Shepard. simmons, W H. Spencer, Stanton Stow
Strong, Tsggart, NanSchocnhoven, WateTeuryA Wright
The motion was foored BY majority OF: Is
Mr. JORDAN proposed that 1000 copies OF the amend.
ments already adopted to the Constitution be printed
and copies sent 10 every Editor IN the state ui puohca
A curious proposition was made by Nh CHArFlsLp.
The Convention had employed three doorkeepeTs-the
lao gave these doorkeeperS only 81! cay or s4O.
week and he proposed that they should have 50 day
or SCI per week under the OF Secretaries AS the
law allowed Secretaries So Mr. C. stated as precedent
taa the Convention had elected sergeant al arms and
librarian and as the law had aied TO provide Tor such
officers they had afterwards called these officers Score
! tsries and treated them as such.
Mr. PERKINS asked if the wages ought to be al
lowed TO the three ioorkeepers 10 the three Secrea
res who had sctualy kept and ensrossed the "hoe o.
the records OF this Convention. Two do me wolk.
never see the ID, Nj IL w strong, at the lohNeHuoi'i
Mr. PATTERSON would prefer to give the doorkeepers
over SI but only through the Legislature The Legs
laure had taken credit with the country Tor great econo
my by reducing the wages OF doorkeepsrs snd other
small offices from three dollars 10 the hat OF II, ou'
they had paid these persons the 81 MS before voting
the difference TO them il the annual supply bill Inns
the sort of work thai dssusis honest men with the
hypocrisy which Ga;ters the pcopls wears the Demo
cratic gsrb 70 cheat Democrats wherever Il may De
! possible.l
Mr. SIMMONS said that Mr.. Chatfelas resolution asks
the Convention become parties 10 fraud and obtain
money from the Treasury by false preenccs asks Us
10 call three additional Secretaries although aiey
were appointed by 10 act as doorkeepeFs and have
never seized in any other capacity III order 70 enure
them 10 provision Of double the sum provided by law
! and thus 10 cyade the law Would not this DC bad
example for Us TO the public snd 10 the hsss!a
! turr and Executive Departments .
After nearly s honr mad been wasted IL ,his way NJ
BERGEN rose and moved to lay ON the table Saoorl NJ
Cha,eis proposition, which was agreed 10 - SEiS'
| 30.
| The farther remuneration OF the doorkccpers may De
n question for the next Legislature. They can remedy
! the omissions Of the last.
return of the funds his charge up January last Inc
| 10, ,,ain re,urn Ihcrc TWO Chal.