Herald of the times. [volume] (Newport, R.I.) 1849-1856, 1854-03-09
9rueral 1sstmblp.
TauRspAY Morning, Feb. 2S.


and Ireland, held 10 1919, upon the sub.
ject of the African slave tra lie, was
Communicated u The Senate by His
excellency the Governor. Read and
ordered to be communicated to the
House OF Representatives
The Committee on Corporations, 10
whom was referred the act to limit the
powers OF institutions for savings, re-
commended u concurrence with amend
ments. The report Of the COMMITTEES
was adopted, aud the act concurred in
accordingly.
The act As amended, is as follows
AN ACT to regulate the powers OF In
stitutions of Savings.
Ii is enacted by The General assembly
as Joiors:
Seculon /. All Savings banks or In
slitutons for Savings in this State shall
hereafter invest their receipts in such
public stocks ofany STATE or OF the Uni
ted States or OF bank stocks oil banks
within ihis State, or in notes or bonds oil
any town or city, or in railroad bonds or
other public stocks, as they may deem
safe and secure or in the notes, bonds
or drafts OF individuals, with two other
responsible indorsers, suretiss or guar
antors. or in individual notes, bonds or
drafts, secured by the public notes,
bonds or stocks aforesaid, or in bond
or mortgage Of real estate Provided,
however, that no such institution shall
have>an amount exceeding one third of
its receipts invested IN individual notes,
bonds or drafts, unless secured by such
public notes, bonds or stocks aforesaid,
or by mortgage on real estate but this
section shall not be so construed as TO
forbid any such institution from placing
and holding Oh deposit in any bank
such reasonable amount Of their receipts
as - customary and they may deem
proper, pIyabie on demand, whether
drawing interest or not.
See. 2. Any Savings Bank or Insti-
tu,ion for Savings now having one-lhrd
of It's receipts Invested in manner not
provided for III the precedi"g sec-
Ton, Is hereby allowed delay for SIX
months from the passage OF this act,
within witch to conform 10 the provi.
sions OF this act.
Sec. 3. All acts and parts Of acts in
consistent herewith are hereby repeaiei.
Houss. Mr.. Shcarm N IN owed that
when the General Assembly adjourns
this day a, twelve o'clock, will adjourn
to meet according To law.
Mr.. Burroughs moved that the reso.
luton lie Oh the table. Carried-ayes
80, noes 10.
Mr. Shearman moved that when The
General Assembly adjourns this day, II
will ad iourh TO meet according to law.
Mr.. Burroughs moved that the reso-
luton lie OH the table. Carried ayes
81, noes 81, us follows
AYES--Messrs. L. Angel, II. }.
-Angell, Arnold, Baker Bd!lon. Barnes,
T.. Brown, J. f.. Brown, Burroughs,
Chacc, Coe, Eddy, Fenner, Gavirt,
Harris, Hazard, Hoxle Ken on Kulghr,
Lyon, Mathews'n, Mowry, Owen, Per
~. Potter, ,Purnton, Remington. Sayles,
Sleere, Talt, Thayer, Tilus, True,
Tucker, J. IL. Weeden, W. : Weed
en-, w. Whipple--37.
NOES S-Messrs. Anthony, Btteman,
Bos worth, Bullock, Bush, }. II. Clarke,
Davis, Dixon, Durlee, Greene, Holden,
Howard, Hunter, Johnson, McGregor,
Manchester, Shearman, Shippee, Spen'
cer-9l.
Mr. Potter called up for consideration
the act from the Senate revising and
annulIing the judgment of the Supreme
Cour, rendered in 1914 against Thomas
Wilson Dorr, for treason.
Mr.. John ii. Wecden moved the fol-
lowing preamble as ali amendment TO
the act.
Whereas, the General Assembly of
this State hath from time 10 time exer-
cised the powers conferred upon 1t by
the charter oi King Charles the Second,
ITO alter, revise, annul, or pardon under
their common seal or otherwise, such
fines, rnulcts, Imprisonmcnts, sentences,
judgments and condemnarons as shall
be thought fit -
And, whereas, the same powers were
continued to the Assembly under the
existing constitution oil tins State by
the terms thereof, which provided 'that
the General Assembly shaIl continue to
exercise the powers they have hereto
fore exercised, unless prohibited by this
constitution )" and by the provision that
"the supreme court established by this
constitution shall have the same juris
dicton as the supreme judicial court"
heretofore existing:
And, whereas, an alIedged political
offence, for which judgment hath
been rendered in favor OF the State may
in certain cases furnish proper occa-
sion for the exercise Of such high pow
ers -
And, whereas, upon the trial Of Thorn
as Wilson Dorr, Tor the alledged criTe
Of treason, there was an improper and
illegal return Of jurors in this, that one
hundred and seven jurors IRON one po. .
litIcal party were desipnedly selected by