The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1859-01-17
Legislative Proceedings.

In the senate communication WAS Ic-
ceived from NJ. G.. Bright and J. P. Drake,
ESQ.,. offering to liquidate by transfer of
realestate, the claim of the State against Col.
Allen May, whose securities they we're
The proposition was referred to the Judi |
ciary Committee, with instructions to report |
bill making it the duty of the Attorney |
General to bring suit against all debtors and |
defalcators to the State.
The report of the Trustees of the Wabash
and Erie Canal was read and referred to the
Committee on Canals and Internal Improve
ments, and 500 copies ordered to be printed.
The Senate ordered the doorkeeper to take
three copies of the daily papers that publish
ed full Legislative reports, for each eff the
Senators.
In the House a petition was presented
from sundry citizens of the counties of Ma
rion and Hancock, praying for liquor law
on the "high-pressure, confscation and de-
struction principle" which being read caus-
ed long and excited debate on a motion to
reject it as insulting to the House.
A joint resolution was passed in the
House, that our legally elected Senators and
Representatives in Congress be requested to
| take such action as may be necessary to give
| to each of the actual settlers on public lands
| homestead of one hundred and sixty acres.
-Anathar iaint- ra9aI niiara- tRAd4AAd An
10 any township library, where the number
of German voters in such townships will
justify so doing lin the opinion of the State
Board of Education
| The yeas and nays being taken thereon,
under the constitutional provision, the re-
suit was yeas II, nays 8.
A resolution was adopted requesting the
Committee on Rights and Privileges, to
whom was referred the bill providing for
ten per cent. interest contract, be in
structed to report an amendment thereto
| prohibiting all banks from a greater rate of
interest on notes, bills of exchange, &c,
| per annum, than that which is allowed in
said bill to individuals on moneys loaned,
with proper penalties and restrictions.
| Mr.. Dobbins. His object in this was to
| put the banks on the same footing with in
dividuals. He was opposed to ten per cent
interest, but if he could get this amendment,
it would take away very much of his OBJ
| jections to the bill.
| Mr.. Hamilton, of Boone, proposed to
| amend so as to prohibit banks from dis
counting, either directly or indirectly, at a
| greater rate of interest than six per cent.
per annum, which was agreed to-
The following resolution was adopted:
| Resolved That the Committee on Judi
ciary be instructed to inquire into the power
and expediency of providing, by law, for
setting apart sufficient portion of the funds
arising from the State sinterest in the State
| Bank, and distributing the residue imme-
diately among the several counties of the
State, in just proportions, to be loaned upon
mortgaged securits for the benefit of common
| schools.
| Ajoint resolution was offered by MrSmith,
of Perry, accompanying memorial from the
| State Board of Agriculture, on the subject
of a geological survey of the State. The
memorial was referred to the Committee on
| Agriculture, and it was ordered to be subse-
| quently returned and referred to select
| committee of sixteen-nine on the part of
the House and seven ON the part of the SEN
ate-one to be selected from each Agricul-
| tural District of the State
| A bill was introduced toregulate the busi-
ness of Insurance Companies, incorporated
by the State of Indiana-to punish viola
tons of its provisions and to repeal former
enactments in regard to such companies.