New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-07-04
New.York Constitutional Convention
FIFTH wEEE-XXyIlIrH DAY.

FIFTH WkEA-AAN 4Il-H DAl-
Facts about the Law Courts Constitutional
Amendments proposed BY the Committee on
Railroad, Manufacturing, and Insurance Cor
porations-pard0nS in Ist5-The Antl-RenterS
-8ascOm and TalImadse on EApatrlatlon and
Perpetual Allegiance-PreSidenI Madison and
George Rex on Naturalization Laws IN War
TImcS-ldjOurnment I'LL TUESDAY.
ALBANY, Thursday, July ?, 1876.
: To tie Editor Of The Tribune:
S1z: Although much precious time WAS lost IN
discussing motions Of adjournment, questions aeoat The
printing. &c. this has been day Of progress anc
usefulness Me.srs. Taylor Of Ticsa, St. John. Candle
and Coneys returns OF the Law Courts rela-
tive tie administration c; gsc:cs-the Ee7or; Of tie
Standing Committee Railroad, Turnpike, Insurance,
and al interpretations e1eep; Municipal and Bank
ing with their proposed change, the C1ns;;uos-,Re
Governors OF Psrtosi &c, and other documents
OF Kindred character, Will go the people, snd aid in
producing beneficial results.
The abstract of returns received frcm judges
and other officers connected with The Courts Of Law,
hibit the following results
In the supreme Court there were 7oi judgments rem
derei 1915 the debt and damages recovered n which
Amounted TO 81 40s2s2, and The costs 10 S232 7a2.
Tns number OF causes tie Supreme Court Calcnders
during ls4s and as an The JarEa7y and May Of
1916, was 5,573-of which o53 were argued The NUN
Der Of issues Of an earlier date than May, ls4i, was
2,o9l.
In Tie Courts ofCommon Pleas from which
received there ga the CalenIer in isiS
OF which 1901 tried, and toe whole amount OF The
verdc.s obtained s36.,65, very small indeet)-Of
these 2s were appeal from Jasiiees Courts in
winch Justices had given verdc;s for the recovery Of
$40 49, which the County Courts reduced TO S6s3-;here
were l39 arising c.rtioars on the Caenders
at same terms 500 OF which the judgment xSyERs
Ed and only affirmed in S32.
To the County Court judges in same year SlO+T
allowed for travel and attendance and S55 at the Courts
OF oyer and TermireT-aso Sll.232 TO Grand Jurors,
SIe220 TO Petty Jurors Ss93S sheriff and Con,tablcs
sl57a to Cricrs. and S4,l.o 70 County Clerks.
The amount Of judgments doeaeted In the Courts Of
Common Pleas and Recorders (,s far a, returns
ceivedJ is Sli9,ls7 the SSi5s5; the number OF
judgments 1903.
The Circuit had 396i civil causes on their Calen
OARS Of which only $50 had been tried which vertc;s
had been rendered for Si3,6.+.
In the Firs; Crcu, return has been made by the C.
CUT JupGE where the fees and pequtcs supposed
be hi.hsst-both the Vice Chaucellors returns from IT,
show m aggregate OF fees S3,ae4.
The fees of the Common Pleas Judges In ~ York City
are stated a. $4,000.
To 1872 Master, in Chancery, fees S3s s33
SO Examiners in Chsnccry do....---.....-Si6,2s7
Surrosae, year. in part, si5,54l 294 aPpli-
cations had been made Surogaes in Of persons
who died without wilS-l26l Guardians were appoint
cd. Sc
Ban bonds and recognzances for Sl65A were forfeited
in ls4S. Oh S6,7Oi OF which Si97 OF damages
covered.
Though partial. yet these returns throw simPses Of
hay 70 he | wi
compare and see what 1, omitted.
The Committee on Interpretations other than Mu-
nicipal tNessrs. LOOMS, Shepard, Bergen Dana
Coneiy II. Bsckus and Warren through their
Chairman reported article for the Constitution
Mr.. LOOMS did not say whether the Committee
coucurred unanimously 10 the report or II II was
oniy agreed 10 by u majority. de said that under
the prescn, laws special privileges had been with
held from some, and granted, IN similar cases, 10
o.hers-that members Of Corporations OF this class
! had personal immunity from loss, which private
! Companies 10 whom Ike privileges were refused,
had no-,hat the Committees proposed article took
away all ground for the charge of lavoritism-that
they had adopted the equitable principle OF making
each corporaior individually responsible IN pro-
norton 10 the stock ne holds in cases OF loss as be
would gain thar ratio from the success OF Inc Com
peuy-,hat " hen the parties obtain corporate pow
! ers thew know whom they combine with, and thus
take their risk. Publications OF names, Liabilities esti-
mates of property &c. ordered 10 be made once
wear The Committee deemed these institutions
very useful, because they carried OR advantaseousy
branches Of business which an individual would not
| have sufficient capital for, In many cases. Ii was
not intended to extend the principle o personal II.
ability beyopd tie amount ot their stock Subscribed
10 the shareholders in Insurance Companies because
they always set forth speclhc iund VINCE ihey
nave pledged 10 meet losses, and their Losses are
no, the result Of fraud or Of mismansgenen, but Of
accidents.
1 NTi.L,J 49, rI
Rochester and Buffalo When viii lie Magnetic Iee-
+ graph bring Albany equally near to New'Yorh'
In lieu OF existing Constitutional provisions, the
Committee advise the Convention to substitute
the following Article
ARTICLE =.
l. Special laws creating !ncofpoFetons or Asso ,
cis,ions granting TO them exclusive privileges sns
not be passed but the Legislature may pass general
laws by which AM persons may become incorporated,
on complying with III. provisions contained 10 such
laws all Corporations snsi De SUBJECT 10 al! sucn
general laws the Legislature may from iue 10 Tune
enact inconsistent with tie provisions oil LIS Coz
sItu:.on
81 Every Corporation for purposes Of gain or benefit
20 the Shareholders ha!l cause tue names
Of all It's stockholders and ocers and the places oil thef
residence estimate Ut the value OF is properly,
estimated and appraised the Legislature shai oy law
direct and the aggregate amount oil all lis ceos ana
liabilities absoule and contingent To be published d.
stated perOGs often in each year, In news
paper published in the vicniy OF It's place OF business
and sucn Corporation shal nol oecone !uueOeG "
Al amount greater i,s capital actually paid IN
together with the undivided prohts thereon Invested
and employed IN business OF such Corporation, or
actually hand 10 good securities tor SUCH pur-
posc this shall not oS construed 10 lriit the nsZsros
OF any Insurance Company.
So Every coEporstor shareowner In any lHcorpo-
:aI!on for benefit 10 toe cofpors;ors or share
boderS-,xcept insurance and except for purposes
specified In the n-xr I-ction-in such Corporation
.na become insoivert sns be liable Tor the unta:Hro
debts and liabilities of such Corporation contracted
vh, he was sucn c0rporator or shate-owner, 70 al
amount IN the same proportion 10 The whole unsa,n-c
Liabilities that els stock or share sna Dear 70 'ae "noT
ocI but ,ucb rsr.onal Liability shall extend 20 any
adebtedness or iaoiy pay NJ OF which shan n4Ve
been deferred more year % eonitac. Win the
creditor or which shall 10. have Deem demanded % so
within o be year after II becomes due
a. Every corporator and snare oHIer IN any C3Tpo-
ramon ior p1ohc railway canal turnpike onoss PLANK
way or Other hnncai.- Of public way or Tor any teie
graphic or other means Of communicating Intelligence
or public use shall be liable Tor ire d=oil and h.o'tes
OF sucn Corporation lie szen. pto,leeo ~ zee 'ss'
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