The Evansville daily journal., 1859-02-22

the Senate township bill will be concurred
in. The report with the House amendments
was agreed to. A resolution appropriating
$500 for the purpose of furnishing the His
torical Society with the means Of preserving
its books and documents, was passed.
The following Senate bills were read the
third time and passed.
Carnahan's bill to enable INDECENT indus
trious persons, who are unable to give Sc
curity, to rent land, passed. s.
Cravens' bill, introduced in behalf of the
Joint Committee on Benevolent Institutions
to provide for the election of Trustees of
the Benevolent Institutions of the State, and
prescribing their powers and duties, passed.
The bill reduces the number in the boards
of trustees for each of the three benevolent
institutions from six to two, and provides a
Joint president for all the boards.
Lomax's bill to amend an act providing
for the election of clerks of Circuit Courts,
and prescribing their duties in relation to
the collection and disposition of fines passed.
Conner's bill to amend the 51st section
of the assessment law of 1852, passed.
Blair's bill fixing the times of holding the
Court of Common Pleas in the county of
Hendricks, passed.
In the House, Mansfield, from the Com
mittee on Education, recommended the pas
sage as amended, of bill 1O7, to distribute
the Sinking Fund interest for school pur-
poses.
They reject the instructions Of the House
as Pathological, and amend the first section
10 def MI in 1o,,
guage. The conclusion of the report is as
follows:
The Committee have further instructed
me to say: That the Commissioners of the
Sinking Fund have thus far acted under the
charter of the Bank, and under laws that
were passed in connection with that charter
during the last twenty-five years.
That the validity of these laws has be-
come doubtful since the expiration of the
charter of that Bank that the State ex-
poets, and the school interest requires, that
these Commissioners should continue their
profitable investments of the Funds but
| there is no law which prescribes and sane
| tions that operation.
And lastly, have been directed to say
that, No. 1872, has been introduced into the
House which prohibits, under heavy penal
ties, any State officer from investing the
funds with which he may be entrusted, un-
less sanctioned by special law to that eff
feet. Should this bill become law it would
shut up every dollar of these $4,000, 900
| in the vaults of the Sinking Fund, to the
| great detriment of the common school in
| terest.
The Committee, therefore, respectfully
suggest that this bill be further amended by
inserting between the 4th and 5th sections
the following two sections.
Sec ANY moneys that may be in the
hands of the Commissioners awaiting said
| distribution, or intended for the purchase or
redemption of bonds, or for current use,
may be deposited at interest with one OIL
more banks or banking houses of undoubt-
ed responsibility and selveney, payable on
call, but before making any such deposits
it shall be the duty of said Commissioners
to take bond in at least double the amount
of the deposit, with good security, for the
return of the deposit with interest when
ever called for, said interest shall become
part of the fund, and the Commissioner:
chargeable with all sums received.
SEC. All laws not inconsistent with
this act in regard to the Sinking Fund, oil
giving powers to or prescribing the duties
of the Sinking Fund Commissioners, theil
officers, clerks, agents and servants, or pre-
scribing punishment against them for NAL
feasance in Office, that were in force on the
day preceding the lst day of January, 1859
are hereby declared to be in full force and tC
apply to the present Board of Sinking FunG
Commissioners and its officers, clerks, agents
and servants, but all such laws as are in
consistent with this act, are hereby repealed
The afternoon was spent in the discussion
of the Finance Reform Bill, as it is called
Amendment after amendment was pile,
upon it, pending one of which the Hous
adjourned.