Plymouth banner. (Plymouth, Marshall County, Ind.) 1852-1855, 1855-03-01
Marion, and Jonesboro Plank road Com.

rance companies In THIS State. JOINT
resolution asking Congress TO patent to
the State certain lands returned as
swamp lands: To provide for issuing fee
bills and executions against sureties in
appeal bonds in the Supreme Court. To
nd sec. 3 of the act Incorporating
towns &c. To authorize The successors
of administrators or executors 10 sell
lands under orders procured by such adj
ministrators or executors. To fix the
times Of holding Courts of Common Pleas
in Tippecanoe and White.
Feb. 21-Senate met.
ing courts in the llth Judicial Circuit
was reported back and passed.
On motion of Mr.. Cravens, the vote
on the inde finite postponement of the
bill authorizing the completion of
the cells in the State Prison was recon
sidered.
The merits of the bill was then gen
orally discussed.
Mr.. Slater was opposed to the bill be-
cause appropriations had been made
nearly every year for this institution,
and he could not tell what had become
of the money. An appropriation was
made for this same object two years
ago. and now they asked for more.-
What has become of all tins money.
1t was contended in reply that to with
hold appropria tions for this purpose. was
not the way 10 remedy former legisla.
ton on this subject. The cells were in
a very bad condition and humanity alone
demanded that they should be made i'm.
portable. In the present Slate they were
also unsafe for the security of the pris-
oners.
few remarks were made by several
memb ers. and the bill was finally order
ed to be engrossed for third reading
The following bills were introduced
by Mr.. Anthony, an act to cede to
the United States. jurisdilion over lands
la Michigan City for lighthouse and
HaIbor.
On suspension of the rules the bill
was read three times and passed.
Bills ont heir their third Reading. Bill
in relation 10 the assessment Of damages
against Railroad Companies. Passed.
Bill legalizing deeds. mortgages, and
other instruments required TO De recor-
ded. Passed.
Bill legalizing the incorpotien of such
companies as were established under the
Revised Statutes of 1852. Passed.
Bill defining what property of decen-
dents shall be exempted in making out
inventories. Passed.
Bill for :he better security of the funds
arising from the sale of Swamp Lands
Passed.
Messages of the House were taken up,
read, and passed to second reading
On motion of Mr.. Brown. the Senate
Free Bank Bill was taken up.
The following important amendments
were then made to the bill.
Limiting the circulation of all the
banks TO 5000. coo. and of each bank to
$500. coo.
The District system was stricken out.
Requiring one half of the stock OF each
bank to be held by residents of the State.
Requiring $l.l5 Of securities for ev-
cry one dollar Of issue. The bonds TO be
taken a; their market value six months
before deposited.
All real estate securities were stricken
out.
Providing that after the suspension Of
any bank, should its securities be insult.
fcient. when sold, TO redeem all its
issues, the bank Commissioners are EN-.
powered TO collect the balance out of
the private property of the stockholders.
Giving the present banks in operation,
which have always redeemed their issues,
two and half years TO accept or reject
the provisions Of this act.
Providing tina: no bank shall be estab-
lished in any town OF less than 1000 in
ha bitants.
Allowing one..wentieth Of the circula-
ton of The banks going into operation
under this act. TO be issued in bills Of a
less denomination than S. GO.
Requiring at least ten directors TO
each bank
Prohibiting the establishment Of Agen-
cies for the classification of the Free
Bank paper.
The bill was then ordered to engross-
ment.
Feb. 21.-House met,
Mr.. Meredith, from the Committee Of
Ways and Means, reported bill to pro-
vide State revenue for 1855 and 1885,
The bill levies tax of 20 cents on the
100 dollars worth. and poll tav of SO
cents for each year
The following bills were passed; to a.
mend the act relative TO the incorpora
tion of High Schools &c. To amend the
act relative TO Weights and Measures.
House proceeded to the consideration
Of the School bill. in Committee Of the
Whole. Mr.. Buskirk in the chair.
The first section provides for tax oil
80 cts. on the hundred dollars worth oil
property. and 80 Cts. on each poll.
Mr., Hume moved TO strike out 80 and
insert 10, and reduce the poll tax to 2j
cents.
| Mr.. Frazer showed by reference TO the
Superintendent report on this subject
heretofore published. that the tax of &c
cts. was necessary to keep schools open
six months in the year.
The amendment was lost. Ayes "a
Noes AZ.
Mr.. Newcomb moved to strike out 81
and insert 90.
Mr.. Merrifield moved to amend so a,