The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-03-09

AIBArY, March 4, 1896.

ALBANY, March 9, 1915.
The I@g1tailrs Proesedrgs-Ths .4ni-Rs Igrssfigs
.- tions, &c &c.
Both branches Of the Legislature have discovered
disposition TO cnutr1ct the impurities and privileges
hereoiote granted to incorporate companies OF ell kinds
rejoice 10 see that the evils and abuses arising from
such system are being investigated
In the Senate Mr. Hard called up his resolution pro
vidng that the personal liability, or orisksny clause
should not be incorporated into charters granted
nuiacturing ompanies This resolution which exempt,
holders Of stocks in these companies from any
liability. and which is merely polite plan to authorize
interpretations to rpudiate their debts in an emergency
met with the most determined opposition by majority
OF the learned Senator'S present during the debate The
ex9ediency of exempting branches OF huge monopoly
from all responsibility for'the debts contracted by the
principal and source of these subordinate branches was
attempted TO be established in very learned and logical
address by Senator Hard but his agumen met by
an overwhelming eplicaton by Senator Barlow This
and an important and vital preeeSep, viii BE- permanent
~ established by this Legislature, 70 Wit that num-
Der OF men Joined in copartnership under the misno
NOR oil an Incorporation not personally and lndiy
duay responsible for debts and contracts made by them
collectively, whole that they are thus indiy
dualy responsible.
The House. in committee, was engaged in a debate
upon the bills reduce the fare railroads and to allow
railroads 10 carry ireigh, at tho same rates OF toll
paid by canals Mr. Clarke, Of Niagara discussed this
question at length and indeed nearly o.. the members
ability ani cxperieno present toek part in the de-
bate, Il will be that reduction Of fare on rail-
roads will he the canal interests hundreds
who travel by the canals do so for the simple
that The OF fare vastly lower than that
~ railroads. but II IL held hnt competition is life
business. This is tue, but IL nevertheless
raseous principle IN republic, because there
equaliz in the advantages OF the petto and
because that power which creates the competition does
not make me advGnlags1 equal TO all who enter the
usts.
After very able debate the Committee rose without
The senaio was in Committee during the day upon
the bin to reduce the duties goods sold at auction
out d,d not take any action upon the bill
In the House Mr. Stevenson reported In favor OF the
bill IN relation to the New York Quarantine.
Mr. saeoa reported against taking pay for licenses
law, which was adopted.
Mr.. Develiu reported in favor OF the bill appoia,
Police Justice at Williamsburg. opposite New York
MIR Kinne reported against the bill for establishing
Agricultural College and School, the city Of New
Mr. Watson reported the bill to allow married females
to hold and convey real estate also to authorize May ors
courts 10 have Jurisdiction over appeals and cetorar
Mr.. Wells reported in favoro Of the bill authorize
The MAYOR and Common Council of New York. TO raise
$3.50 600 TO build Aims House and to construct an
iron railing around siuyvesant Square.
The strenuous opposition of certain members Of The
Legislature to the proposition to incorporate the perso
nal liability clause in the charters Of Incorporated
panes may he attributed 20 the lamentable fact that
these members extensive holders of stock in compa
clearly stoca holder properly be siator
should member OF any monopoly be permitted 10 L.
gisate Tor bis own iuercaS II Is certain tha, any pro
lct Btecung The Of this stock holding legislator
VIII meet With his incorporating dsseD whether l.
be good Or evil Thus pefsons III feeling aud disunon
IL engendsr.d ard thus The great prercga,ive 81 log s
ton Is prosliuted Permit 10 remark there is
policy which will the experiment
iai plan Of government but 1t mast always be policy
OF unity
some twelve Senators are absent, and some forty
members Of the lower House fifteen Of them having had
leave Of absence to-day time Of nine days
each
Tho Antirent Committee have been sitting all day
In ants of tha tauo
~ ind the Patroon who may properly be called lit-
giants. There 10 much strong feeling between the
parties as to their relative claims feelings roget TO
say. which calculated to forbid amcable ADJUST
ment Of the dificu y think that the feelings. of
Jointly Of the Legislative Committee prejudicisl to
tho rights OF the enantry. This il merely matter OF
opinion but it my opinion To illustrate, In de-
gree the deep feeling OF the tonants will fec
remarks made to day by MIR Boughtor their counsel,
which said literal exposition Of their sentiments
with regard to the legality a the Tile of the PATRON
Mr. Boughton said III reference 10 the right or justice
OF these foreign grants that the compare the
Eu2lish government TO Satan, took saviour
INFO IN exceeding high mountain, and offered TO give
him all the king OF the world II he would fall
and worship Inn and (ssd the connse the
slider the title derived by the PATRON the British
government no valid than Christs title would have
been TO all the kingdoms OF the world il he had accepted
the DEVILS oner and fell down and worshipped HIM"
Now with these sentiments the part Of the tenantry,
ask II II Is probable, or even possible that they WIN
ever submit TO the exactions of the Tatroon In my
Judgment, decidedly not The tenants present to
day great numbers. This legislative committee will
continue their for weeks longer,
when they will make their Anal reports to the Legsla
ture. say reports because 90 not suppose, for a
moment, that the COMMITTEES viii agree in a report
There will therefore. be minority and majority re-
port They will be highly interesting and important
and shall endeavor to send you copes Of them in ad
vance If their length is not too great.
The weather continues to be mild, and the ice win
During this important crisis in the Oregon ISSUE
Large numbers Of Nsw York Herald. should be sent to
news depot alter they are all disposed Of.
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