The North-Carolina standard., 1849-01-10
SENITE

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i EEDEEsDAT, January s, is49, !.
4 Mn Patterson, from the epmmittee on lntefnal I'm
pFoyement, reported the to cleaEout Lumber river
Mr. Joyner, from the Joint Select COMMITTEES on
Swamp LANDS, made report on the petition Of Ma.
jor John Clarke, adversely, and asked to Be disehag
ed. The report was concuffed in. and sent to the
| House. : : -S- -S- SO
Mr. Daniel presented bill to .amend the act fors
;. reassessment Of the lands of the State. Referred
Third reading an! passage OF bilfs-to amends an
act to incorporate the town Monroe; to- extend The
time for registering Grants, &c.; incorporate Da'
lvidson Minpg and Smelling Company Resolution
for the relief of Young Patterson in favor Of Martin
County Court Clerk bill in relation to Road IN
Aslre County incorporate the town of Salisbury.
The bill supplementary to- the act to lay off and
testablish County named FeHsythe, was taken up
and read the second time. z+.-.s
Mr.. Gilmer moved to strike out all after the enact-
ing clause, and insert substitute which he offered
but. before it was read tEft
TIE Senate took up, in committee of the whole,
Mr.. Patterson in the Chair, the special fde-being
the ball to incorporate the North Carolina Railroad
fCompany. - s - - - - - z &
GThis bill, which was presented by Mr. Shepard,
provides for repairing and putting in good condition
the Raleigh and CASTOR Road-for continuing said
Raoa from Raleigh to Charlotte-fora lateral branch
from Raleigh to some point on the w ilmington Road
tfoE branch from FayetteV TO strike some p0int
on the Road to ChaflottefoF lateral branch, to be
authorized hereafter from some point the Whining
ton Road, to Newbefn or Beaifor for branch
from some point on the CASTOR Road toA oAW eldefs
The biH also provides, IN its ffth section, that when
Eve hundred thousand dollars shall have been subs
Fsc1bed, the old Stockholders and bond gRers Of
1.-THE Raleigh and Caster Road, or through theif inu=
ence, all suits against them their bonds shall be
dismissed, and they shall be released forever from
paying the same. In every instance the State is to-
take half the Stock. and thus become joint
the works with individuals and in order to raise the
money, The Treasurer authorized 10 put the bonds
of the State in market, alta rate not exceeding six
ne nd he
end of thirty years. 80 =, =. s-7'Sr
After the bill had been read, and number OF. .an-
important; amendments adopted, Mr.. Bower moved
to strike out the fifth section. -,
Mr.. Shepard then rose and addressed the Senate,
In opposition to Mr. Bowers motion and in favor OF
the bill generally. We regret that cannot make
room for Mr. SheParfs very able and eloquent Speech
in to-day's paper. 1t shall appear in our next.
The motion of Mr. Bower was then put to the
Senate, and rejected.
On motion of Mr.. Halsey, the committee rose, re-
ported progress through its Chairman, Mr.. Patter-
son; and then the Senate adjourned. -
HOUSE OF COMMONS.
Mr. Nichols, from the select committee to whom /
referred bill to amend passed at the last
session of the General Assembly, entitled act to
provide for the apprehension of runaway slaves in
the Great Dismal Swamp, and for other purposes,
and to extend the provisions thereof. reported the
same back to the House with certain amendments; ;
which were adopted, and the bill as amended passed
its second reading.
On motion of Mr.. I. S. D.. Mcdowell, ordered F
that message be sent to the Senate to ballot forth
with for three Trustees of the University. --,:-t
On motion of Mr.. Coleman, leave of absence was
granted to Mr.. Atkin, one Of the members from
Bunconbe, for the residue of the session.
The House then proceeded ballot for three Trus-
ices of the University, Messrs. T. ]. Person and
Mcintosh being appointed committee to -suPerin-
end the election. II
On motion of Mr.. T. H. Williams, the House took
lp for consideration the bill heretofore reported from
he committee of Finance, to provide for re-assess-
nent of the lands of New Hanover, Brunswick,
8laden, Johnston and Sampson; which bill re-
ported as substitute for bill introduced by Mr..
T. H. Williams and referred to said committee. >.
Mr. Nj ltliams advocated the passage of the bin.
account of the great depreciation in the value of the
IurPenhne land IN his sections owing to the almost
ntire destruction ofthe Pine Trees; that lands which
fere valued two years ago at four and five dollars,
Fere not worth one now; that this depreciation has
ccurred since the last assessment of the ahds and
compel taxes to be paid the valuation Of a
ne lands assessed when the owners were In re- II
eipt OF plentiful crops, would be unjust in the ex-
eme. @@&-S-zAsz- a
Mr.. T. r. Caldwell opposed the bill on the ground
nat 1t would be partial Legislation, the lands in other
ortlons OF the State had also deprecated in value
nce the last assessment, and mentioned especially
le Gold lands of the West. He showed that the ,
nds in the Eastern portions of the State were at
le last assessment put down in the Treasurers re-
ort at half the value of those in the West e.
MessEs Stevenson, Dobbin, Satterthwaite, Stany.
nd Blow, followed in favor of the bill.
Mr.. Smith thought it best to reassess the lands S
roughout the State. d.
The bill amended, motion of Messrs. Ste Il
enson, Cherry, and Wadsworth, by adding the
'uneS of Greene. Berthe, and Craven, to those en-
aced in the first section. tb,
The question then recurring the passage of the
H. its third reading, passed in the affirmative
sas sc, nays 81. Thereupon, on motion of Mr.. T. in
:. W Williams, the title Of the bill amended by b.
ding the words "and other countless" and the bill
as ordered TO be engrossed. Ifo
In obedience to the order of day, the House then
oceeded to the consideration of the bill heretofore Of
troduced by Mr. Dobbn to establish the Bank of ac
ayette1iile. EC
On motion of Mr.. d. F. Caldwell, the bill was
1ended by striking out the words "three hundred il
ousand dollars" wherever they occurred in the S.
u, and inserting instead thereof eight hundred
ousand dollars" MIR. C.. wished to make the cap nj
i of the Bank sufficiently large enable it to es in
ollsh brabches at Greensborough, Salisbury, and
adesborough. He said that at reensborough such tn
institution was greatly needed. Mr.. Dobbin was in
of the amendment and the merits of an
bill Mr.. H. G. Jones followed also in favor of tic
, amendment. The amendment was adopted. = ac
Mr. Dobbin remarked that since the adoption of the1nJ
lendheht of Mr.. Caldwell, Others were necessary :;
moved to strike odt "two hundred " In the STU ef
cron, and insert two thousand" and by addiHr sh
ew section, to witt Section II. The bill thus amend. mi
passed Its second readngyeas 81, nays 81. - tst,
melton was then made by Mr.. H. CsJones that4 .s&
bill beTput upon its third reading; which was fh
ne, two thirds~of the House. cencurring. e, [se
Mr. Mehane moved to amend the bill by striking In
the words :" or their equivalent" Mr.. M. op- tic
seq the Dill without this amendment, because wi
not propose to make gold and silver the exclusive
Messrs; Steele, H. G: Jones, and Dobbin opposed Re-
amendment VIZ