Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-12-13


.Ae Speaker, ana was opened with prayer by me |
Rev Mr.. Smith. |
e. sAyDY COTTON.
The SPEAKER laid before the Senate comma |
nicafion from the Chamber of Commerce of New
York, on The subject of sandy cotton, which was
ufactures.
BILLS INTRODUCED. II
By Mr.. LANE: No. l67--To authorize the Ap-
pointmeni of patrol in each county and for other
purposes. Passed fret reading.
BY Mr.. STOKES: No l6S-To amend the erimi
nal laws of the State in relation to dueling Pass
ed first reading and referred to the Committee on
the Juaicisry
On moioa Of Mr.. NASH it was ordered that two
hundred aad fly copies # the bill be printed for
the use of the Senate
MOTION TO RECONSIDER.
Mr.. PAYNE entered a motion 10 reconsider the
vote passing Senate bill No. l06, to reform and
regulate tae business Of banking in Tennessee
Mr.. PAYNE, Qeave being granted,) explained
taat bis object in doing to change the second
stcliOa Of the bill The Stion, as originally
drawn ard presented, was entirely satisfactory, as
ne bllie7ed, TO large majority of the Senate; 1t
Certainly was satisfactory to himself Ga Saturday
| an amendmtht was handed to him. which he laid
before The Senate, Ia the hurry Of the moment he
Totally misGonceiyed the fleet of tbe amendment,
but not ing altogether satisfied, he had rcscrVed
me ri hi to take the subject under Amusement. He
| had done 90, aud had become convicted that tte
whole effect and tendency of the second section
il nos Stands, Is TO ceptrllizs the capitol at the
| points whers the principal banks may be located
On this poiGt iber3 rel her IS can there be any
compromise, as he was concerntd. In its
present SHAPE the second section of Of this bill pee
cents insupcr % ohecij1ns, aud which must be re-
moved. lie could not agree hat the capital OF cur
banks eli Der the Union, State or Planters Banks
or any ether, shall have thrown around it species
of legislation that will reduce the branches to
agencies, and throw their money to a centrsl point
| lie would DO guilty Of an outrage upon the inter-
ests Of his coast tuents, were he to do so. Tie
| desired The motion 10 lie till tomorrow, and
hoped the friends Of the measure would adjust this
difficulty to-day so that We can proceed harmon
ousy and efficiently,
MEMPHIS ANG ST. LOUIS PACKET COMPANY.
House bill No l8j, TO incorporate the Memphis
and St Louis Packet Company, having been read
| Mr. THOMPSON offered an amen linen. TO the
bill as follows:
"Tbsl the individual property of the shareholders
| be- and the same is hereby made liable for ali the
debts of the said Company"
Mr.. PAYNE opposed the amcn3mtnt.
Mr. THOMPSON aivoeat5d the adoption of the
! amendment
The eutject was further discussed at length by
Messrs. TRINBLE and PAYNE in opposition, aad
Messrs. NEWMAN (Mr, MICKLbY in the chair and
| THOMPSON
Mr. STOKELY offered an amendment in lieu of
he amendment of Mr.. Thompson, as follows:
''Bs it further enacted That no person shall take
| stock in said company to more Than one-third the
amount of his worth in personal and real estate az
ter the payment of all his or her deb's
''Be IL further eHdcied, That person in said
company shall transfer his or her stock to auy per-
sou who is not also worth than three times the
amount Of stock taken in said company; and that
the Individual property of every stOckholder is to
4! be liable for the payment of al the debts of The
complry, to theaamount of stock he, she, or they
| may have in said Company"
Mr.. THOMPSON accepted the amendment
The question recurring upon the adoption Of the
! amendment
which taken, and resulted ayes Z, noes 10, as
follows:
Ayss-Messrs Hunter, Mickey, Peters Sfokely,
| Thompson Wood and Speaker Newman-7
Noes-Me:srs Allen, Boyd, Bradford Bumpsss
| Hildreth, Horn, Johnson, Lane, MINIS McNeiy
| Nash, Payne Stokes, Slova and Trmble is.
So the amendment was rejected
Mr.. PAYNE moved to strike out the ninth section.
! NJ. LANE demanded the ayes and roe, upon the
molten to SIT Ike cut, which taken, and result
ed ayes 10. noes 10, as fellows:
AyeS-Messrs Allen. Boyd, Bradford, Bumpsss,
Horn, MInni5, Nash, Payne, Stokes, Trimble and
Speaker Newman-l0.
Noes-Messrs Hildreth, Hunter, johnson, Lane,
MeNeilly, Peters, SOval Thompson, Wood and
! Speaker NeWman-l0.
| So the molten failed.
Mr. PAYNE moved to strike out the tenth section
! Mr. LANE demanded the ayes and noes upon the
motion to strike Gut which were taken and resulted
ayes 10, noes 10, follows:
! Ayes--Messrs. Alien, Boyd, Bradford, Bumpass,
Horn, Minnis, Nash, Payne, Stovsll and Trimble-
10.
! N0es-Messrs. Hildreh Hunter, johnson, Lane,
McNeilly. Peters, Stokes, Thompson, Wood and
! Speaker NeWmsu-10.
So the motion failed.
l.. Al. III
to incorporate the Nashville and New Orleans
Pscket Company, which WAS adopted
On motion OF Mr. STOKES, the vo.e rejecting
the motion to strike out the tenth section of the
bill, reconsidsred. and,
On motion of Mr.. PAYNE the further consider
alton of the bill was passed over informally.
Ga motion of Mr. THO Epson, the Senate ad-
journed to two o'clock.