Spirit of the age. [volume] (Raleigh, N.C.) 1849-1865, 1855-02-21
Legislature Adjourned.

journed sine die on Saturday last, about !
o'clock, A. NJ, after a session Of 81 days
the longest ever held in the State. About
$50 Acts were passed and ratified, and some
so Resolutions, the provisions OF the most
important Of which we give below, except
the Revenue bill, which we will give in full
next week. A large number of bills died on
the table in the House. for want Of a quorum
to transact business-for some ten hours pre-
vious to adjournment no quorum appeared,
consequently all legislation was arrested and
many important measures defeated thereby.
Such n thing never before occurred in North
Carolina, we are told. What is to be done
when men desert the post of public trust
confded to them, to the detriment Of the
public interest and business?
An act to amend the constitution of the
state. Free SuHtagc.
An act to amend the charter of the West
ern plank road company.
An act to lay off and establish, ont of a
portion Of Cumberland, a new county, to be
called Tarnett.
An act TO incorporate the Greenyille, Tenn,
and French Broad railroad comnany. Pro
vides for a railroad from the Paint Rock, on
tho French Broad river. through the counties
of Madison, Buncombe and Henderson, and
to intersect with such South > Carolina road
as the stockholders may designate. The road
is to have the same guage of the North Caro-
lima railroad. The State gives no aid to
the company.
I An act to incorporate a company to con-
, struct a ship canal TO unite the waters Of AL
bemarle, Currituck and Pamlico Sounds with
the Chesapeake Bay. The State is to en-
dorse the bonds to the amount of $250,000.
An act to authorize the Cape Fear and
r Deep River navigation company to issue
bonds. Provides for an endorsement by
the State If the bonds of said company 10
the amount of $500, 600.
An act to amend the act entitled an act to
J Incorporate the atlantic and North Carolina
t railroad company, and the North Carolina
Western railroad company.
, Provides for a railroad from Goldsborough
2 to Beaufort, as follows The capital stock
Of the Atlantic and North Carolina railroad
company may be increased to sixteen nun
dred thousand dollars and whenever it shall
appear 10 the board ofinternal improvements
: that one third Of the capital stock of said
company has been subscribed for, and taken
r hy solvent individuals or cOmpanies,a and that
: ut least three hundred Thousand dollars of
> said stock has been paid into the hands Of
e the treasurer of said company, the said board
shall he authorized and required to subscribe
o in behalf ofthe State for two thirds of the
capital stock Of said company-to be paid
y rs follows the one-fourth part as soon as
5 said company shall work, and
one-fourth part thereofevery six months there
after, until the whole State subscription shall
have been paid-provided, the board o finter-
nal improvements shall be satisfied that an
amount of the private subscription has been
paid in equal proportion to the payment
required of the State. The act then ~Yontains
the usual provisions for the State to issue
: bonds, &C. There are to be twelve directors
Is eight to be appointed annually by the
board of internal improvements, and four by
b the stockholders.
An act to incorporate the Chatham railroad
? company. Provides for a railroad from the
coal fields in Chatham to the City of Raleigh
le capital stock, eight hundred thousand dollars
No aid given 10y the State.
An act concerning the Fayetteville and
!" Centre plank road company. [Capital Stock
8, two hundred thousand dollars, of which thu
70 State is to take twenty thousand,
ne An act to lay off and establish new coun
ty by the name of Wilson. Provides for
w new county out of portions of Edgecombe
nc Nash, Johnston and Wayne counties.
a An net supplemental to the act establishin
an the county Of Wilson.
An net for the completion of the North Caro-
lima Railroad. Provides for a subscription b
m the State of one million of dollars more I
he this road, TO complete the same ; said stock I
I'D be preferred stock that is, the State shall d
entitled to elk per cent. interest on the sam,
W. before any dividends shall be paid out on tn
ng other stock. The sum of fifteen thousan
II. dollars is also appropriated by said act,
nm continue the improvement on Tar River.
An act to incorporate the Wilmington an
Charlotte Railroad Company. Provides fC
hdt Railroad communication between WilmingtC
and Charlotte, bv way of Lumberton, Rocl
inc ingham, marlborough, and Monroe capt.
stock two million of dollars, the company
have corporate existence as soon us five hu
ces Gred thousand dollars shall have been subscI
ase bed and n certain per cent. paid in. The sa
X Road is to be divided into sections of TWEEN
five miles each. the Road to be commenced
its eastern terminus and built regularly, sc
ton by section, to its western terminus
'eet Charlotte. When the first section shall ha
tide been completed, and put into operation, t
company's bonds to be endorsed by the Sta
to the amount of two hundred thousa
dollars, and SO on in proportion, the bonds
the be endorsed as The road is constructed, sect
by section. until t is completed-the said K"
the and all property appeartaining TO It, real a
personal, to be mortgagcd 10 the State as
is finished by sections, to save the State tr'
rob- loss by said endorsement. The same
- provides for continuing said Road from Oh
tho lotte to Rntherfortton, and for this purp'
the capital stock OF the Company is increa.
one million ofdollarS the Treasurer to endo
teal the bonds for the work fron Charlotte
this. Rutherfordton undar the same restriction
nee. liabilities and conditions as prescribed in the
as TO the work iron Wilmington to Chariot
An act to re- charter the Bank of the ST
rect Of North Carolina. Provides for an incre
gra- of capital of five hundred thousand dolla
s. Of charter to expire in 1885.
An act to re-charter the Bank of Cape FL
" Provides for an increase of capital of
had hundred thousand dollars charter to exE
in $780,
An act to incorporate the Bank of Y
III mington. Located in Wilmington. wit
a. capital Of eight hundred thousand dollars
leas- An act to incorporate the Bank of Clal
N us don. Located in Fayetteville, with a c
only tai Of four hundred thousand dollars
An act to incorporate the Western NJ
Carolina railroad company. Provides I
; our railroad from Salisbury west to the Ere
we Broad, at or near Asheville. Capital s.
six millions of dollars, of which the Stat
,..,. to take two-thirds, rs soon as one-third s
'iu0A have been subscribed by individuals,
VWOrC