The weekly Minnesotian. [volume] (Saint Paul, Minn. Territory) 1852-1858, 1858-03-20

Mr.. SKINNER offered the following
Resolced, that we, Senators will not demand
or receive pay or mileage during recess.
Laid over enc day.
BILLS READ THIRD TINE AND PASSED.
H, F. No. II, A bill for the revision and
| compilation of the Statutes.
S. F. No. 1913, A bill for an act proposing
amendments to the Constitution.
An act to amend Sec. 2, Chap 3S of Ses-
sion Statutes of 1857-yeas 26.
An act to establish the county of Pearson
-yeas %.
An act to amend Art 9. Chap s, of the Re-
| vised Statutes.
A bill to amend Sec. lis, Chap II of the
S. F. No. Ito, An act to incorporate the
term of Rockville.
A bill relating to fraudulent conveyances
and contracts.
| A bill to locate State road from St.
Josephs to Long Prairie.
An act to amend Sec. 19, Chap 18 OF the
session laws of 1857.
COMMITTEE OF WHOLE.
The Senate then resolved itself into Com
mittee of Whole
Mr.. HUDSON in the Chair,
To take up S. F. No. 1876. The bill was
read over, amended and recommended to be
passed.
The Bank bill, II. F. No. 5O-the special
Order--was taken up and considered.
Section T. was taken up, and amended, by
striking ont -tenths' from line 13, on
motion of DR.. REINER.
Mr.. VAN ETTEN moved to strike out
cor any other State stocks" from line 5, and
| insert cor"
Dr. REINER opposed this He did not
think it right to confine the stocks to the
State of Minnesota alone.
Mr. BATES concurred. We might not
have any State Bonds until fall. This would
cause delay.
Mr.. VAN ETTEN thought a variety of
! huctuatiHg stocks would be used, if no such
provision was adopted. We would have a
more stable and secure basis if it was. TIE
Comptroller would not have to require the d.
rectors to retire some of their circulation, or
procure more stocks
Mr.. BATES thought that in case it was
confined to our own stocks they might be sub
iect to sudden depreciation some times and
subject the bill holder to loss.
DR.. RETNER referred to the clause where
the bill further provided that the Comptroll-
er could refuse what stocks lie thought insc
cure. He deemed this a protection which
rendered the objection urged by Mr. Van
Etten of no weight.
! On vntiDg, the amendment was adopted
Mr.. VAN ETTEN moved to strike out all
after aforesaid in line &c.
1t was finally withdrawn, and being re-
newed
Mr.. BATES moved to strike out Sec. s.,
and insert the following:
Before any person or banking association
formed under this Act shall receive from the
Comptroller any circulating notes as provid-
ed in Section 7, Of this Act, the directors or
stockholders shall give to the Comptroller
good and sufficient bonds to be approved by
him, to the amount of one fourth of the no. es
that said association shall receive as an addi-
tional security-to indemnify the bill holders
against any loss that may be sustained in case
tho securities deposited with the Comptroller
shall be insufficient to redeem said bills"
Which was adopted.
| Mr.. HULL moved to strike out " three" in
line 7, Sec. IL. and insert two.
Carried without debate.
On motion of Mr.. WATSON, "subject to
|
was also added to lire "a, sec. 13.
Mr.. HALL moved that all after act, in
line l3, sec. Is, be stricken out. He thought
the whole of the ground had been covered by
former sections. After some discussion, the
amendment was waived for the present.
| MIR. SMITH moved to insert after the
word deposits, line 10, sec. II, "until it shall
have redeemed all such protested notes."
| Aftor cop,o dohato tho xroo
adopted.
1t was further amended, on motion of Mr.
Van Etten, by striking out all after comp
troller, line Is, and including the word pro
test, line 10. and insert and.
| Mr. BEMAN moved to amend in line p,
by inserting after thereupop,
"Unless he is satisfied that there is q good
legal defence in the same Carried.
Mr.. BATES moved to insert, line 7, after
non-payment, sin one package" Withdrawn
Mr.. NORTON moved that Mr.. Van Et-
tens amendment to line Is be reconsidered
Carried.
| Mr.. NORTON stated his reasons for the
change. Some discussion sprung up on it.
| Pending the vote on the amendment, the
! Committee rose and asked leave to sit again.
Mr.. Van Etten moved to take recess of
, half an hour, and that the Democrats retire
| from the Hall.
| The Senate thereupon took recess of half
an hour, and when called to order again ad-
journed.
HOUSE was called to order by the Spea-
ker, pro tenn.
VACATION OF SPEAKERS CHAIR.
Mr.. FROST offered the following resolu-
ton:
Resolred That the seat of the Speaker of
this House be declared vacant
Mr. STEVENS advocated the adoption of
the resolution. The Speaker had been alb
sent during nearly tie whole of the session,
and it was but justice to ourselves and the
fro tenn occupant Of the chair that the reso-
luton be adopted.
The resolution was then unanimously
adopted.
! Mr.. BRADLEY was then unanimously
elected Speaker.
BILLS INTODUCED
| BY Mr.. STEVENS: An act in relation to
the towns of Nininger, Louisville and Glen
coe.
By Mr.. STARKEY: Joint Resolution
relative to State Scrip.
SECOND READING.
To incorporate the town of Eskewaji.
To authorise the re-survey Of the town Of
Forest City.
An act to amend the session laws of the
Extra Session.
The legalzc the qualifications of the Of
! fcers and ministers of M'Leod county.