Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-02-05

Blind Asylum, be deposited in one Of tue eommitte
rooms Of the House of Representatives, for the in
| spection of members.
TheHOuse then took recess till 2 o'clock p. m.
HOUSE OF REPRESENTATIVES,.
FRDAY, Jan. %.
EVENING SESSION.
Mr. DAVIDSON moved to dispense with the Ordel
for the consideration Of local business and take VI
the Revised Code; which motion was lost by yeas AZ
nays lO-One man Directing.
DEKALB SURVEYOR.
Mr. SAVAGE'S bill (199) to consolidate the Office
of Entrytsker of DeKsb and White counties, was
considered and passed the third reading in the
House Of Representatives
MERCHANTS SAVINGS INSTITUTE.
Mr.. WHITE of Knox's bill C2O2) to incorporate
the Merchants Savings Institute at Knoxville, was
considered on the third reading.
Mr. NEWMAN proposed to amend, by adding,
provided no banking privileges be granted by this
act;" which was adopted;
And 80 the bill passed the House.
NASHVILLE
Mr. EWING'S bill Ola to repeal the Sd and 4th
sections of the act amendstory Of the charter Of the
city Of Nashville said sections giving said city
the county tax within its limits was considered
and passed the third and last reading in the House
of Representatives.
JOHN P PRIOR's PRINTING COMPANY.
Mr. KINGS bill o charter John P, Prior's print
ing and publishing company, Of Memphis, coming
up
Mr. ESTES proposed to amend, by adding indiyid-
ual liability; but
On motion by Mr. THOMPSON, it was passed over
the author being out Of his place.
NEW JERSEY COPPER COMPANY OF TENNESSEE, &c.
Mr. DODSONS bill (259) to charter this com
paRy; the Tennessee Iron and Coal Mining Company,
&c.-cOming up-it was considered and passed the
third and last reading in the House of Representa-
tives.
Upon the former reading of this bill, pending the
question upon his individual liability clause, pro-
posed by way Of amendment, Mr. ESTES said:
Mr. Speaker: Having trespassed but little upon
the time of the House, in the way Ct discussing the
various propositions that have been before IT, nope
the House VIII indulge me, while briefly state some
of the reasons which induced me to oher THIS amend
ment.
My amendment simply proposes, that the indl-
vdual property Of the stockholders IN these moor
porations shall be bound for the payment Of the
debts contracted by the same, IN proportion TO the
amount Of stock taken by each but not until the IN
corporate effects Of said interpretations have been
exhausted
/ do not offer this amendment, because entertain
the least unkind feelings towards either Of the gen
tlemeu concerned, for both Of whom l entertain
the highest personal regards. Neither do offer 1t
to check or in any manner TO throw an obstacle IN
the way of the mining or manufacturing interest OF
the State for the and prosperity of these,
have and shall receive my most hearty support But,
sir it was offered for more high and holy purpose
that Of Carrying into effect that great and sacred
principle Of popular liberty and equality Of rights,
which was guaranteed by the constitution Of our
fathers to our most humble cilizen-it was offered
to protect theWeak from thattyrannioal and despOto
sway Of concentrated wealth, which is so CHARGE
teristie Of despotsm and which is becoming SO con-
mon in Ourown "dear old Tennessee" and 10 check,
if possible, this runOus system Of monopOes, spe-
eaI privileges, and class legislation, that have
ruinOusly fallen iutOto leave every man upon per-
feet equal footing, recognized by our eonstitu-
ton.
Sir, our system Of interpretations was conceived
in error-cems forth in corruption, and if not