Indiana American. [volume] (Brookville, Ind.) 1833-1861, 1855-03-09
Total. .oo3s, o0o,l

tasNA sthstta auhttSt shouooua WI
lars in Bank Stock will yield surplus
ofseven hundred and eighty thousand
dollars, whichis to be handed over to
the new bank on her promise to return
It in the years 1858-59.
9th. We have shown by the provi.
sions Of the 85th Section, the State
stands Indebted to the Bondholders for
ten or twelve years for the benefit Of
the Bank. and il the Bank fails the
State is without security against the
entire loss o. tho amount transferred.
9th. We have shown that the con-
stitulion makes the bill holder the FIRST
creditor. while the bill pretends to
give the State the first lien upon the
assets Of the Bank.
10th. We have shown that the 9Th
section oil the charter Of the present
bank prohibited stakeholder from
borrowing the money from the bank to
pay his stock, and that that wholesome
provision IS wholly omitted in this bill.
Having failed to amend the bill 80 as
to protect the interests Of the State,
and in oui humble opinion, to preserve
for the rising generation large fund
that would otherwise be appropriated
to tho cause ofeducation, we feel COM
PEELED to avail ourselves Of our con-
stitutional privilege and place our OBJ
jections tothe bill on the journal Of the
Senate. The high obligations a rep
resentotive owes his constituency de.
mand at least this from his hand.
We solemnly protest againt the pas
sage Of this bill.
Though Tuesday was q busy day.
the reports give no satisfactory ac-
count Of matters. No important bill
was passed.
On Wednesday. the House Free
Bank Bill. after some amendments.
passed the senate, by a vote Of "a to
0. every senator voting but Mr.. NC.
Celery. What its provisions are we do
not know.
The Senate bill to provide for the
public peace and private security was
on its third reading. prohibiting the
organisation Of secret societies to de-
prive any one Of either religious or pc.
litical rights.
Mr.. Hendry moved to recommit. with
the following instructions:
SEc.-Itis hereby made the duty Of
the Governor to appointthl &c good and
respectable citizents Of the State, whose
duty il shall be as often as once in
three months, to visit all Nunneries
and secret religious schools within the
State, and set liberty all persons
therein restrained Of their liberty q.
gainst their will, who are under the age
offourteen years, and all other persons
who may express desire to dissolve
their connection with said Nunnery ol
secret religious organization. Parents
and guardians shall at all times have
free ingress and egress to visit theil
children or wards that may be re-
strained in said Nunneries or schools
Any person orpersons who shall'hinde'
or obstruct the free egress or ingres'
Of said visitors orpcrents or guardians
to visit and freely converse with any
or all Of the inmates Of said Nunneries
or secret schools, and set them al
liberty. as in this act provided. such
person or persons so offending shall
be deemed guilty Of a misdemeanor,
and upon conviction shall be fined In
any sum not less than FIVE hundred
dollars. TO which may be added i'm
prisonment not exceeding six months.
Mr.. Brown moved to lay the in
structions on the table. Carried--ayes
~, anys %.
Mr. Sage moved 10 lay the bill "a