Lewistown gazette. [volume] (Lewistown, Pa.) 1843-1944, 1850-04-26
PENNSYLVANIA Legislature.

The app0rtlonment OIL Hotceu laSt week
as having passed the House, was amended
in the Senate in the most Objectionable
manner, and with the aid of Best's vote
passed a second reading and was ordered
to be prepared for third, but the locofocos
of the House not having fulfilled their part
of the bargain by passing the Montour
county bill, the Speaker suddenly flew the
track on Saturday last and refused to vote,
by which this new gerrymander was effect
ually killed, for the time being at least
The locofoco letter writers who had been
soft-soaping him for a week or two, have
again let loose their wrath and now de-
nounce him as " reckless in his course y
" disgraced in character" and " lost TO all
decency and honesty, see Democrat OF
yesterday.
The appropriation bill was read third
time in the House on Monday afternoon
and passed on Tuesday. 1t contains an
appropriation of S250,O0O TO the North
Branch Canal, but under restrictions that
may render it imperative.
In the Senate, on motion of Mr.. Cum
ningham, the bin to incorporate the Evan
geIical Lutheran Congregation Of the bo-
rough of Lewistown and vicinity, was taken
up, amended, and passed a second and final
reading.
The bill providing for the election OF
prosecuting attorneys has passed both
houses, and is now in the hands of the
Governor.
New apportionment bills have been re-
ported in both houses, but it is impossible
to tell what shape they will assume when
they come up for consideration.
The Montour county bill has at last
passed the house, with amendments re-
stricting the new county to part of Colum-
bia, and leaving the matter to vote Of the
people.
The Legislature has passed General
Banking Act, regulating the Banks of the
State that shall hereafter be chartered and
re-chartered. By this law the liability
principle is extended TO all issues of Banks
all foreign notes, or the notes of other
States under the denomination of ten dol
lars, are excluded from circulation in this
Commonwealth-the Directors are made
personally liable for the deposites and
other debts, in case of the fraudulent in
solvency of banks-cashiers are required
TO give bond to the amount of one-fiith of
the capital, when ii is 100000 and un-
der in one-eighth when 1t Is between
100000 and $780, 900 and in one-tenth,
where it is over 100000 and not exceed
ing 81 100000. The extent of the term
for which each bank shall be chartered, is
fifteen years. Banks can be chartered for
less period, but none for greater, IN the
aggregate. The bill also contains a pro-
vision requiring the country banks, east OF
the mountains, TO keep their bills at par in
Philadelphia, and those west of the noun
tains at par in the city of Pittsburgh. 1t
has been signed by the Governor.
We have looked over the above act, and
find some provisions that may be an inn
provement on the old charters, but in the
main nothing that will make notcholders
safer than they were before. By this law
single section of a dozen lines will sui-
flee to create new Bank, and considering
that but little scrupIc exists among our
bank-hating =" democratic" legislators TO
smuggle monopolics" into existence, we
should not be surprised to see a Wild Cat,
Fox Tail, or Crow Scalp Bank chartered
in some stronghold Of locofocoism by at
taching such section to an important bill
under the head of " other purposes"