New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-03-08
NETWORK LEGISLATURE
By Our Own Reporters. .

By Our Own ReE S2rN:rr ,,r.xv Morcb 1916
Mr. SPENCER introduced the following Memorial:
To the Honorable the Senate and A'emby Of the State Ne~
The Undersigned Trustees Mutual Life Insurance Com
psny NewYork respectfully represent That they have
learned that Memorial has been presented TO the Sen
ate purporing to be signed by Policy holders in this Com
psny nfenrg charges alike injurious to the Company ana
dshonobe TO those who are ntrusted win us
doubtless have been observed by your body
that charges based fact pretended TO be known
by the memorass but upon mere alleged rumoL vague
~" said" On such grounds clone II Is nsinuaed that me
funds of tho Company paid TO an Agent for obtaining
proxies and that they have been otherwise awu used by
the Trustees We deem unnecessary 70 take any
further notice of these extraordinary nsnuaions than 10 pro
them in every particular destitute OF even ne snas"
of and TO invite the most thorough and searching nNe
CATION which please your honorable body to institute
The undersigned well OF the sacred character OF
the funds rtred TO them and being personally aud largely
the rule Of incapscty and negligence and 10
place the ns,,uton where unqnestonaby stands IN
advance Of all others similar character in this country To
this end during the last three years the bylaws nave beeh
sde MoRE RESTRICTIVE and the business details Of the Com
panv more systematic and the most effective checks have been
imposed all receipts and payments OF money me BONDS
thoroughly and Tisdy reeXamned and all errors eoiiecel
The mortraged property has all been reapprasd by careful
ard competent appraisers and IN every instance "neIe "
found be less than twice the amount OF the Ca enough mas
beer called bring within that rule No Loans whatever
made upon personal security me Ios 70 i
than four and half per cent OF the whole IA
vested fund and are mace under me SAt MD b ,b 1
secured in the same manner as all others mere insn ' n
fourihs the Trustees had applied Tor any loan Our
efforts improve the condition and mstagement OF me Com
pany have been crowned with gratifying success lis annual
business has been nearly doubled IN three years us
23 II in 1856 And while have been making TINS large
incresse have been comrshng the humane ana 6ene
objects the Institution by paying out to the widows and
orphans Of our country nearly million OF doi'&Is. s %
are sufficient show the position and character and OBJ
jecs this Institution such that ought not 10 be hghuy
or wantouy saied The number OF is pocy'h0ders neaT
N 600 Ten have chosen present to your honorable
body the emorA above referred to- the effect which may be
to excite the fears shake the confidence OF others
therefore not only again thorough investigation, peds
ing ourselves 10 afford every possible facility Tor eoaductHs ~
but respectfully submit ths' under me v"
are entitled have such either by committee or
otherwise your honorable body shall seem proper New
ISisnedi Jon. Miller J. Greene Pearson R H MeGurdy,
Blaze WIN. II Pophsm, Ezra Wheeler Saln1 D. BsbcecS,
Saml NJ. Cornell John i,veron W. } BpsseI william nam
F. sprouts Luous Robinson, h a Smythe. w Smith Brown
C. Il. Horton Nahl Hayden, Lyeurgus EdseTton John T.
THE ALBANY BRIDGE.
Mr.. RICHARDSON, Chairman OF the COMMITTEE
on Road, and Bridges, submitted report, IN which
the entire Committee concuue6, authorizing the con
struction of the Albany Bridge. In connection with
the report they introduced bill the first section OF
which entities the corporation "Ihe hudson h'ei
Bridge Company al Albany ..,oo.,
Src The csnifsl stock Of the company shall be $oo~'
uif lower 10 increase the to $4,000. 70 be divided
into @loe shares and railroad eSInpsnes may t ana
81, rer cent OF the esIs stock Of the road 50 aocnoi3
The third section names the ionowi3s geneuJa si
Moses II. Grinnel joseph D. Mone, Nm m Uais 01,I
V. Brsus5d Jacob Could James : Wordsworth ALBEIT H.
SIC a. requires the draw when Is 70 ue - oo. -
oTeu al during the OF navigation except "he
sToad trains pass and also requires he
"a keep tugs, suitable tor towing sAi
hraugh draw whenever required 10 90 80 by tue oe OF
SAID vessels without charge AID aord such other iacr,
the judah Of the Canal Board msy be deemed requisite
under Tecalty of treble damages aggreyed
SIC g. eomIcls them al bars &C, that nay be
csussd by reason OF said bridge.
SEC r. gives 10 establish Of toll for too' Passeh
GER horses. carriages. &c.
THE EELIERNAS HYGIENE INSTITUTE.
Mr. BROOKS brought in a bill 10 incorporate " The
Hygiene and Healing Institute"
IMPOSITION oT RAILROADS.
Mr.. PETTY had leave to iat7oiuce oil making Il