Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1853-03-29
SATURDAY. MARCH &c, 1858.
HOITSE OF DELEGA TES.

The following bills read third tine and passed.
70 incorporate the Coal Field and Manassas Railroad Com.
pany.
Authorising subscription OF hundred thousand dollars
by The STATE the stock OF the Rvanna Navigation Com
pany-aycs II, noes 81.
Providing for the matchmaking piankng certain parts
OF the Claksburg and Buchanan furnpike and
incorporating yellow Springs Turnpike Company lh
capital stock Of three thousand doll -, 2O
bill ncreasn the capital stock of the Richmond uGi
Dsnve Railroad Company three hundred and fifty thousand
dollars with thceilhs subscription Of that amount by the
Stale for the purpnss constructing branch from point
North oil Ranser river in Halifax county 10 point
Pig river in the county of Psyvania, reIccedayes
81 A. On motion, the rules were suspended and the
bill laid upon the table.
The bill TO Incorporate The Rapid Ann Navigation Com
panv reected-ayrs H. noes 3i-and The rules being
suspended for The purpose OF reconsdcrng the vote the h
laid the table.
The bill creating Commissioners the Sinking Fund and
providing for the payment OF the semannua interest on and
rcdemptinn the public debt, up, Ind passed
~hou, discussion Tie principal provisions oil this bill
as follows:
There shall be and hereby appropriated annually from
the public Treasury, commencing with the one thousand
eight hundred and fifty three out OF The acrrung cvenncr
Of The Commonwealth, the sum ." ei"r hundred aud thiity
eight thousand and twenty tiGh dollar. and SKY rgi
gents that being per centun eleven million
nine hundred and thousand eight hnadrcd nnd
thirty eight dollars and thirty cents the asccnalncd debt o
the Commonwealth the first day of January one thou
sand eight hundred and hrrwo. The sum set apart
Ihall be called The Sinking Fund.- and shall be applied To
the payment Of the interest The State debt and nr arin
cipa Of such part may be rrdrenabc II no part OF SAID
debt be eLesmahc, then hc residue of the Sinking Funi
Alter ne pa yment crest -i.i hc Invested in The
bond. or certificates III The CONFERENCE.-The ha United
States OF al the Saics ni lie Union, and applied
to the payment said dsbr shall tecomc fete"naabc
Whenever after the said first day of January eighteen
hundred and ity.t~o debit shall be Contracted by The
Common wealth. there shall be set apart III like manner
nualy lhirtyuu years, sum exceeding by one per
cent the aggregate Of the annual interest agreed
be raid thereon of ito cOntraciion: which
shall be part of the Sinking Fund and shall be applied the
manner hcrenbcfnre directed
For The purpose Of managing preserving and applying
tho fun
accounts register and secretary al the commonwealth for
the time being hereby constituted corporate body,
under the style Of The Commissioners Of tho Sinking
Fund ~
Mr. MAkTz offered resolution that the Clerk OF tho House
nj Delegates and ttc Cl al the Senate shall NOT In future
cnlS the mileage pay If members OF either
House Assembly Garss they satisfied that tho members
are present ri Government time the ceriii
applied Tor present al the close Of the
sua.
Mr. MAaTz stated that he offered This resolution because
he learned had gone home Ia remain tho balance
Of the session. and had left ord with their fiend draw
Illri, go l!.ui while away
4 motion made To lay the resolution the table :
the House adjourned.