Litchfield enquirer., 1859-06-09
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THURSDAY, JUNE g, 1ese.


 the delegated wisdom for the last week are not of much general interest. We give all of special pub lie or local interest.
 On Mondav, May 90. the application for Bank of Deposit at Norfolk was rejected. and also the appl cation for Bank of Discount at New Haven Among the bills passed was one providing penalty "f from two to ten years imprisonment for burn ing barn with horses or cattle within.
 On 7nfsdoy. May 31. the Senate passed bill pro wiling that taxes shall be laid property tat its actual value instead of three per cent of it's value
 hut the Honse rejected it. The hill occasiened somewhat proc lged debate in both houses though cannot see that it is of any consequence what ever which system is adopted. The taxes. whether laid the gross value of property or on three per cent. of that value would amount to the same thing
 Tn the Honse the resolution changing the name of the Ecclesiastical Societv of Nn~thield to " Con gresaticnal Society Of No,thfed. was passed A proposition to elect County Commissioners by the neople triennially was rejected. Latham Bush was released from state prison After dehate. a resoln tinn passed allowing the New Haven. New London and stonngton Railroad Company to issue mort gage bonds
 Te7eesez,y June l. the following Veto Message was taken up:
 State of Connecticut Executive Department, Hartford May ?, 1859. To the scnate
 I herewith return the resolution incorporating the Chicago and St. Louis Railroad Company with the following objections
 First While the resolution provides that the cor noraton shall be located in the city of New Haven. l it gives authority tn call every meeting for the choice of directors at smh plces rav b" determ- incl by the corporatorS. or by the stockholders or hv inc directors trustees, and thus virtually gives authority to the corporation from this State to any othnr state or rl.ce.
 Second, It has not heretofore been the policy of this State to grant acts of incorporation to prosecute business which is local, and which lies beyond the limits of the State. and such grant regard as in
 iios in its tendency unless the circumstances are so peculiar and the necessity great that it cannot he used precedent fer granting other acts of in corporation which would be perverted to improper purposes.
 Third The resolution provides that the capital stock shall be $7 GOO GOO, and that it may be paid for in cash or any valid debts bonds coupons of tn" railroad companies named therein. seh terms md m such rats the cnrdorations named shall de- ternine. thereby placing it in the hands of few. rcrrescning small amount of indebtedness, to put high or fictitious valne upon 'eir claims take the cap tai stock in their and exclude all other | creditors from any benefit which might result to them as corporators.
 Fourth, A more serious objection, and one which in itself would influence to withhold my approval ases from the fact that the resolution provides that the corporators may organize whenever creditors to an amount not less than $500 000 shall subscribe to such an organization. Such subscription might embrace only fifteenth part of the bondholders. Should the corporators, thus organized, possess. themselves of the road and its franchises there is nothing in this resolution to prevent their using the receipts. or revenue which they might derive from fyy 4los. benefit and nothing to prevent heir retaining that benefit, as against larger interest of the bondhod CT until dispossesscd by due of law, and the minority in interest would sustain the same relation to the majority as the party now in possession | tiins to the bondholacis. If the charter is of value it gives that value to very small minori- ty, and does not properly guard the interests of all WM. A. BUCKINGHAM | This message having been made the special order of the day was discussed hv Messrs. Wooster and Clark in favor of the vetoed bll and by Mir. Wiley against the bill and in favor of the views of the Governor. Finally the bill was passed over the Governors veto by vote of If to 6, and in the House the next day the bill passed by vote of TO to 4S- showing that the Governors opposition is powerless when ccming in competition with the interests of capitalists.
 On F'iday, the committee on new towns reported fvorably to the incorporation of the Ecclesiastical Society of South Farms as separate town, with a resolution incorporating the new town of MORRIS Reports of the majority and minority read and on motion of Mir. Payne, the subject was made tie order of the day for Tuesday at II o'clock. An act relating to the connection of railroads was passed, demanding all the roads to their trains as to afford reasonable facilities for receiving passengers from other roads The special object of the bill seemed to be to compel the New York and New Haven road to connect with the shore line road Tie Judiciary Committee reported bill intended to reduce the State expenses, by requiring towns and cities to pay costs of criminal prosecutions. Laid on the table.
 | The Committee on Interpretations reported favor ably on an amendment to the Harwinton Mutual Insurance Company-pa passed
 In the House s2J00 appropriated to the Re- treat for the Insane and large amount of business of a general nature transacted, when an adjourn ment took place to Monday afternoon. fs Ebenezer Osbo-ne examined before Jus tice Tallmadge at Warren, on Wednesday and Thursday last, on charge of burning the house and l saw mill of Frederick Colman. and bound over to the Superior Court for trial. Osborn has obtained bail in the sum requred-$3, ,O00.