Richmond daily times. [volume] (Richmond [Va.]) 1850-1853, 1851-07-08
STATE CONVENTION.

MONDAY, July 7, 1851.
The Convention met pursuant to adjournment. No
clergyman present. The journal OF Saturdays proceed
ings was read and approved.
Propositions were presented by Mr.. CARLILE and Mr.
GooDE, which they designed-as they stated-offerng
for the consideration OF the Committee OF the Whole
at the proper time.
LEGISLATIVE REPORT.
On motion, the Convention resolved itself into Com
mittee of the Whole on the Legislative Report When
the COMMITTEE rose on Saturday, the question was upon
striking out the End section Of Mr. WIsEs proposition
amended, and inserting the amendment of Mr.
FAULKNER, which reads thus
"Taxation shall be equal and uniform throughout the
State, and species OF property shall be taxed
higher than another species OF property which
shall be levied. All property in the State shall be taxed
in proportion to its value to be ascertaneo directed
by law except slaves under - years of age and such
other property as ma oriy of the members elected to
in each House OF the General Assembly may think
proper to exempt from taxation"
This proposition discussed the greater portion OF
the day by Mr.. Chiffon, Mr.. WISE, Mr. JACOBS Mr..
FAULKNER, Mr. Boris and Mr. JASPER.
The committee, division being demanded, agreed
to strike out the second section of the amendment OF
Mr.. WISE, ayes As, 49, but refused to insert the
amendment OF Mr.. Faulkner.
Mr.. FERGUSON moved then to insert in the blank
create by striking out OF Mr. WsE's second section,
the following:
l. Taxation on each subject thereof shall be uniform
throughout the Commonwealth
O. Lands and lots shall be taxed according to their
value Slaves shall be taxed per capita; but such tax
shall not exceed tour times the amount imposed upon
each 500 worth OF land Provided that slaves under
II and over 6Oyears of age shall be exempt from taxa
ton.
The motion to insert was negatved.
Mr.. Boris then proposed for insertion the following
amendment:
"There shall be uniform system of ad ualorem
taxation upon every description and species of property
in the Commonwealth, real, personal, and mixed, ex.
cept such as may be specially exempted by a vote OF
each branch of he Legislature.
SIT shall not be lawful for the Legislature create
public debt, without at the same time, during the
session, providing for the payment OF the BY
increasing the of per cenage OF taxation in such
manner and to such extent may be sufficient TO meet
the payment of the interest and principal as hey each
respectively become due.
"No will aplroprialng sum OF money exceeding
- dollars shall become law except by a yo!e OF
majority of all the members of each branch of the
Legislature"
The resolution for insertion was disagreed to, ayes
81, noes 49.
Mr.. WISE then submitted the following to fill the
bank:-A capitaon shall be laid upon all free males
81 years Of age, equal to the tax laid upon $500
worth of land.
Pending the consideration of this amendment, and
while Mr.. Wise occupied the floor, on motion the
committee rose, and then on motion, the Convention
adjourned.
MEMPHIS AND CHARLESTON RAmRoAD.-We are
gratied TO ean that guarantees to the amount of two
hundred thousand dollars OF he city subscription the
Stock Of the Memphis and Charleston Railroad have