The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1856-02-21
HOUSE OF DELEGATES.
TUESDAY.
Night Session.

Night Session.
On motion of Mr.. NEWTON, the House took up
the engrossed bill ito annex portion of the coun
ty of Marion to the county of Taylor and it be-
ing read third time was passed.
The following bills were read third time and
passed:
bill to annex so much of the county of Ale.
ghany as embraces the property known as the
Mountain House, to the county of Craig.
A bill to re-enact and amend the lst section oi
an act entitled IAN act to authorise the Circuit
Court to direct the sale of church property and
A bill to authorise Jesse Brooks to erect a dam
across the Black Water river.
THE BANKS.
The House resumed the consideration of the bill
re-chartering the Bank of Virginia-the question
pending being upon the amendment of Dir. RUTH
ERFOoRD, requiring weekly statements by the
Bank, to be exposed for public inspection.
Mr.. DICKINSON of Richmond, moved to amend
by fixing Tuesday instead of Monday, as the day
for the preparation of the statement-rejected.
Mr. LEE moved to amend so as to require the
branches also to make such weekly statements
agreed to; and the amendment as amended was
adopted
Mr.. PRESTON moved further to amend the bill by
adding the following to the lst section.
"Prorided, That the stockholders shall at their
next annual meeting after the passage of this act,
agree and bind themselves to invest at least two
per centum per month of the entire capital of the
Bank either in bonds Of the State of Virginia, or
those of the United States, and deposite the same
with the Treasurer
Upon the receipt of such bonds in sums not less
than ten thousand dollars the Treasurer shall is
sue to the President of the Bank some one au-
thorised by him to receive them, an equal amount
of Bank notes, of denomination not less than s.,
upon the face of which shall be printed the words
secured by pledge of public securities When
the entire amount of the capital of the Bank shall
be invested, then the Banks shall be subject to
all the provisions and stpulations of the general
law authorising and regulating the business of
banking"
Mr. Preston addressed the house for some time
in the development of his views in support of his
amendment. He was replied to by Mr. EDMUNDS,
in opposition to the amendment. and in opposition
to the system of banking upon State stocks.
The question upon Mr.. PRESToNs amendment
was decided in the negative without division so
the amendment was rejected.
Mr.. KEMPER moved further to amend the bill by
the following provision
'The Banks shall not issue or pay any note for
circulation except the denomination of ten dollars,
of some multiple of ten provided this restric-
ton shall not take effect until the 1st of May 1855
Mr. KEMPER addressed the House in support of
this amendment, contending that fixing the smallest
note at $40, would do much towards purifying the
currency and increasing the liability of the banks.
The question upon Mr.. KEMPER's amendment
was decided in the negative-ayes Al, noes TO- So
it was rejected
Mr.. KIRBY moved to amend the bill by inserting
the following clause:
every Stockholder in the Bauk shall be liable,
rateably out of his private estate for the ciIcula
ton and debts Of the Bank upon the failure of the
Bank, to redeem its notes pay its debts, to the
amount of his stock in said Bank"
This amendment opposed by Messrs. Ed
MUNDs, SEGAR and STANARD, and supported by
Messrs RUTHERFooRD, GREGORY and GARRETT,
and adopted-ayes 65, noes AZ.
Mr.. BAKER, who had voted against the amend,
ment changed his vote, as he stated, to move re-
consideration, when the House was not so thin.
Before proceeding further with the subject, the
House, alter 10o'clock, adjourned
WEDNESDAY, Feb. 20, 1906.
The following Senate bills communicated from
that body were read third time and PASSED:
Anact amending and re-enactng the fourth sec
ton of an act passed March 3lst, 1851 incorpora-
ting the Leading Greek and Buffalo Creek Turk
pike company.
An act to authorise the Auditor of Public Ac-
counts to suspend the collection of debt due by
Junius l.. Archer as bail for William b. Archer for
q specified time.
An act to cause all executions of sentence OF
death to take place within the enclosed yard OF
Jail in the presence of specified persons, unless
the court shall otherwise direct; and
An act to incorporate the town OF Piedmont IN
the county of Hampshire.
The foregoing acts are therefore laws.
A Senate bill amending the code relative TO the
compensation of the vaccine agent was referred to
the Committee on Finance
A Joint resolution nom the Senate, directing the
Register to Issue to every soldier (or has heirs ol
the Illinois regiment, commanded by Col George
III. Clark. in the war Of the Revolution. the full
amount of land warrant to which he may be enti
tied, whether a volunteer or common soldier
was, on motion laid ON the table Ses+s
Committees were called for reports, and num
Der of bills were introduced, which will come W
IN order.
ROANOKE VALLEY RAILROAD.
Anact repeating 80 much of the I'd section of an
act, passed March lst, 1864, entitled act TO in
crease the capital stock of the Roanoke Vale,
Railroad Company, As forbids the said Company
from mortgaging and pledging the net profits o.
It's road, was taken mp, on motion of Mr.. DRoM
GooLF, and being slightly amended, was engrosset
and passed-ayes sc. noes -.
THE BANKS.
The House resumed the consideration Of the bill
rech arterinx the Bank Of Virginia. s5s
Mr. BAKER moved TO reconsider the vote on ths
amendment proposed by Mr.. KIRBY, and adopted
lsst night making the stockholders personally lin
BILE for the debts Of the Bank. TO the extent o
ions debate ensued, IN which The merits Of ths