Weekly standard. [volume] (Raleigh, N.C.) 1858-1865, 1858-12-22


tions were imposed on the State Bank, but she had
refused the charter
Mr. Bledsoe said Mr. Steele was mistaken The |
last Legislature had repealed those restrictions by
an almost unanimous vote, and had given to the |
State Bank charter without one of them.
Mr.. Turner thought they ought to legislate to put
every bank upon the same footing and without re-
gard to branches. If banks chose to establish |
branches let them take care of them.
Mr.. Ashe concurred with Mr.. Bledsoes view of
Mr.. Steele's amendment 1t was clearly impossible
for the bank any of its branches to redeem the
notes of others If the Senate regarded branches
useless they could say by their votes; but if
not, then they should not allow them to suffer.
Mr. Leach thought the branches in no great dan
ger as they had specie enough to protect them.
copcurred in Mr.. Steeles amendment If local
banks were run on they had right to defend them
selves as best they could.
Mr.. Cherry would reserve his defence of banks
with branches till the proper time.
The amendment of Mr.. Steele was adopted.
Mr.. Pool offered an addition to Mr.. Steele's amend
ment, as follows: "In case they have the same on
hand at the time such demand is made" Adopted
Mr.. Brown proposed to amend the bill by striking
out of the second section 'S5" and inserting $50"
to to the Legislature the right of prohibiting
hereafter the issue of notes below that denomination
Mr. Steele opposed the amendment, which was
rejected.
Mr. Donnell moved to strike out the section au-
thorizing directors to act as proxies Rejected.
The amendments of the committee were then
adopted.
The question REQUIRED on the passage of the
| bill as amended
Mr.. Brown, in consideration of the bill giving
thorty to issue S3 bills called for the ayes and noes.
The Senate then voted aye 3S, no 5, as follows:
For the bM.-Messrs. Ashe, Battle, Bledsoe,
Blount, Carmichael, Cherry, Cowper, Davis, Dillard
Dobson, Douthitt Edney, Flanncr, Gorrell, Guy
ther Houston, Lane, Landlord, Leach, Martin, Nc
Donald, Mcdowell Miller, Mills Pool Ramsay,
Reinhardt, Speight, Steele, Straughn, Taylor Thom
as, Turner, Walkup, Ward Whitaker, Williams
and Worth-3s.
Against the biH-Messrs Brown, Cunningham,
Davidson, Donnel and Pitchford-5.
Mr. Houston moved to suspend the rules to put
the bill on its third reading
Mr.. Donnell objected.
On motion of Mr.. Thomas, the Senate adjourned
till 10 o'clock tomorrow.
HOUSE OF COMMONS.
The House was called to order few minutes be-
fore 10 o'clock.
Mr.. Fleming from the citizens of Salisbury in ia
vor of extending banking facilities in that town.
Mr.. Speer, from certain citizens of Surry county,
relative to the opening the Yadkin river
l. Mr.. Fagg, from certain citizens of Madison county,
asking to be attached to Yancy county.
/ Reports were received from several standing COM
mittecs.
Mr. Love, from committee on Internal Improve
mcnts reported favorably the bill for survey of
Railroad from the French Broad river, west in the
direction of the chattanooga line
REsoLUTIONs-FIIsT READING
Mr.. McCot;er i'm favor of j. II. Forbes and others.
Mr.. Cox of Pitt, in favor Of Calvin Evans, of Pitt
county.
Mr. Bryson, in favor of E. D. Davis, of Jackson
. county.
Mr.. Hill of Stokes, that the committee on corpo
rations and currency be, and they are hereby in
structed to inquire into the condition of the Farm
ers Bank of Elizabeth City, and report whether in
their opinion, that bank has violated its charter
and if So what action this Legislature ought to pur
sue in order to compel the directors and stockhold
ers to surrender their charter.
NEW BILLS.
The following bills were read the first time ant
referred:
p Mr. Forrow, to charter Lake Landing Navigation
3 | Company
Mr. Wallace, to facilitate the collection of debts.
Mr. Meares, concerning pilots.
d Mr. Clpp, to incorporate the town of High Point
. Guiford county.
! Mr. Ward to authorize the consolidation of Ger
tain Railroad companies
;. Mr.. Harrington, to amend an act concerning tn
Superior Court of Harnett county,
= Mr.. Foy, to establish the fees of Clerks and Mas
l. ters in Equity.
Mr.. Reeves obtained leave to withdraw the memo
rias relative to the opening of Yadkin riser to pres
n ent them to the Senate
Inc 1OllOWlng DllS paSScu tnelr SccOnQ reau1nS
II The bill to amend the act Incorporating the tow
of Lenoir, in Caldwell county. 1t regulates tn
granting of liquor licenses.
e Mr.. Dula spoke in favor of the bill, and the ne
IT cessty of its being passed for the benefit of tn
N academies in the town.
n- The bill to prevent the telling of timber in certai
8 rivers in Rowan county
The bill to incorporate the Educational Associ'
" tion of N. G.
r The bill concerning Common Schools. 1t make
N various regulations relative to the amount Of take
st collected in each county, to the duties of superb
tendcnt &c.
in The Senate bill to provide for running dividin
line between North Carolina and Virginia.
le The bill to incorporate the Davenport Fema
,e College
IT The bill to incorporate Catawba College.
N The Senate bill to authorize the Governor to flu
,e nish arms to Franklin School, Duplin county
d. The Senate bill to authorize the Governor to flu
nish arms to the military schools of the State.
he The Senate bill to amend the 9th sec. 9th chap
le Rev. Code relative to the distribution of the ac
to of the General Assembly, was,
ne On motion of Mr.. Martini amended by strikir
n out s90 days" and inserting " 90 days"
ne The Senate bill to amend 10th 59th chap Re
he Code.
r. The bill to incorporate the Lincoln Lodge 1877
H. Y. NJ.
,d SPECIAL ORDER.
n. The resolution declaring E. G. Haywood, mer
or Der from Wake disqualified to hold his seat on tt
he floor of the House read.
es Mr.. Mckay considered Mr.. Haywood entitled
80 days notice of the intention to contest his sea
" according to the act of Assembly.
or Mr.. Hill, of Stokes considered there was no CO
A. test for the seat of the member from Wake; Il