Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1851-11-14

| 5peculators. Mr.. ENcrts insisted that rallroad
investments are very far from being gambling
transactions, as had been asserted, but if so.
the people OF Rutland, who had expended
Sl3500O in stock which is now worth $4,000
were decidedly unfortunate. Mr.. Adams op-
posed the proviso, as also Mr.. Howe, and it
was lost. The amendment of the committee
was then adopted and the bill ordered to u 3d
| reading.
The bill constituting the Atlantic and st.
Lawrence Railroad Company corporation
within this State, was taken up. Mr. Fificlf
! favored the amendment of MIR. Stacy. and said
there had been a private understanding that
the Atlantic road should only come u short
distance INTO the northeastern part of the state.
and that agreement should not be yiolatcd.-
Mr.. Grandcy opposed the amendment, and in
reply to the argument of MIR. Fiteld said. that
no parol agreement among lobby members
should control the terms of written charter:
that the same favor should be granted to the
! Atlantic Company, in regard to this extension
OF time, as had been granted 10 the Passulnp-
SIC and the Vermont Cntral, and that this ey-
tension of time is the only question in the case.
not whether the Atlantic Company are to oc-
cupy broader extent of territory; that if tho
trunks Of the two railroads were not built, tho
! amendment would make the charter a nero
! nullty, and insisted that this amendment would
thwart the objects of the Atlantic Company.
The amendment of Mr. Stacy was ad5ptcd.
MIR. Stacy said that he had offered this
amendment in good faith, and would soon con-
vince the House to that effect He then NOV
ed reconsideration Of the vote adopting tho
amendment, as he wished to accommodate him
self and obviatc objections which had been
made, and proposed to offer another as a sub
sttute.
The House then adjourned.
SENATE.
Mr.. Batchelder called up the bill incorpora.
ting the Dorset Railroad and Marble Manu-
featuring company. Mr.. Keith proposed an
amendment, making private property of stock
holders liable for the debts of the company to
the amount Of stock held. Mr.. Keith spoke
IN favor o the amendment Messrs Batchel-
der and Royce opposed, and 1t was rejected,
y to Z; ordered to lie on motion OF Mr.. Good
hue.
Reports Of Committees. By Mr.. Royce, from
the committee on the Judiciary, In favor of tho
bill relating to Registers of Probate; perform
the duties of the Judge in his absence passed.
The Senate passed the bill establishing the
Franklin county law school the bill incorpo-
rating the Wantastiquet Railroad company;
and the bill amending sec. 20 chap. al G.. g.,
relating to banks.
The Chair laid before the Senate a conmu-
nlcatlon from the Governor, with report of
the agent OF International Exchanges referred
to committee under the 4th Joint rule.
Adjourned
HOUSE.
Reports Of Committees. By the committee
on Banks, III favor Of the bill to incorporate
the Waits River Bank, with proposals of
amendment, by making the capital stock $780,
600 instead Of $4,000, and the bank shall
make loans to the state at the rate of l-2 per
cent. per annum. Amendments adopted and
bill ordered to lie OH the table until after ac-
ton on the general banking law. BY the COM
lnlttee on manufactures, in favor of the bill in
addition to act Of Isis, Incorporating the Bald
Mountain Manufacturing Co., with proposals of
amendment, by giving the corporation FIVE
years instead OF one year to complete their or
| TanlZatlon, and said corporation shall be liable
tor debts until the whole of the capital stock
Is paid in; adopted and 3D. reading ordered.
BY the committee on Roads, in favor of Sem
ate bill in addition to an act incorporating the
Woodstock Railroad Cor. Mr.. Kellogg mov-
cd the bill be laid on the table. as h. wished to
! propose some amendments as to like bill that
originated in the House; the motion was
agreed to- BY the Judiciary committee, against
bill to amend sec. 10 of chapter AZ of r. s.,
Ity tha Vul.? Ju io'ulhs refused.
rcf,rrod ttn In oa .sl!Iullufe - 10 who''i was
ofC 8 ,h.. O''i n,I ~ "nen,t 'eG fp o' chap' ~
I;r .L t,,Ss .sn' question: Is oevolVeI inc
bill to incorporate fine Cns,Ieton n,nL aIs,
against the bill TO incornorate tIo Vnrtb6eIJ
bank: both laid ON the tabln.
E,Us referred Rv Mr.. Graves that tbo Soc.
rctary of each railroad corDoration furnish to
each town ,rus st,tamont If ,he an,;ra Inn,
and distance Of such railroad tbro"on sTrh
town. the amount of capj;aI stoc; D,iJ IN which
Shall ho con,JorI a,r PI.' ' "'iII'
and said stock shall he assessed afcr deJu"''
tinr ftom the total vnnn - tho stool. ,ho an,ouv,
Of faxes maid nv non residents. to tho solont
committee on the Graul Iist
Mir. Adams c,Ilrd nm senate biII ro,,,;rr >,
Banks. and moved thar rho sYmo ho roco,m5,i,1
ted TO the conmittce onrooJ 70 ''''-'''
Mr.. Richardson cnIInl mn tho roso,,,,or in
relation - ,L, r '''' :,lI l .''
utcs by the Secretary Of State and the s,ma
,ros ro;oo.oa ",l '''''! Vi @''''' anu 'ne 'a'"'