Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-11-06
Thn Conn1er Nn1e srrrcn,.

In the Senate on tuesday. VI. ALIENS Dill TO
amend section 1914 of the Code was takep up on
its third reading, when Mr.. Woop offered a bill in
lieu entitled, a bill for the relief OF the State Bank"
which provides that the Bank of Tennessee and her
Branches and all other Banks which have accepted
the provisions Of an act passed January Is, 1858.
are authorised to pay out the notes of the Bank of
Tennessee and Branches
Mr. RIcHARDsOS offered an amendment providing
that ''al the Banks in this State may pay ont the
notes OF any specie paying Banks chartered by the
State but no bank bin shall be issued by any Bank
which is not payable where it is Issued"
The bill and amendments were referred to the
Committee on Banks, who reported on Thursday re-
commenting the adoption of Mr. Wo0o's bin,
On Wednesday Mr. RICHARDSON offered bill to
authorize specie paying Banks to pay out the notes
of each other but that no bank bill shall be issued
BY any Bank which is not payable where it is is
sued.
ON Thursday Mr.. TRrmrE introduced the follow
ing bill in the Senate.
A Bill to regulate the paying out by the Union,
Planters aud State Banks. of their Notes.
WHEREAS, It has been suggested to the General
Assembly of the State Of Tennessee, now in session
at Nashville. that. the laws now operate there is
! a possibility OF some unlarncss in the paving out
reUHelll09 %
| Banks of the State, to wit : The Union Bank, the
Planters Bank, and the Bank of Tennessee now,
therefore in order to prevent in future possibility
/ of such untarness between said three Banks
| SECTION /. Be Therefore, and Il IS hereby enacted
bg he General Assembly Of tie State OF Tennessee, IN
session as aforesaid Tia. from and after the passage
of this act and its acceptance hereinafter prOvd
ed each Of these three Banks shall in paying their
notes out have the option to pay outat their several
Established places of doing business, either their
~ 4l,,f,. srFrfs Ia
their branches indiscriminataly; but then the note
holder too shall afterwards always have his option
] where he will have those notes redeemed in COIN
whether at Nashville, or at the Branches where pay
| able on the face,
SECTION 2 Be further enacieF5y The authority qore
said Thata written acceptance Of the provisions of
the before reci.ed Act by the Presidents aud CASH
ers and majority Of the Directors Of each of the
three Banks shall be regarded as good acceptance
within the purview Of said Act, subject, however
in te ease of the Union and Planters Banks, to the
future ratification OF their stockholders, the
spective charters of those two Banks require.
SECTION 8 BE further enacted by tteddhOrtg qfore
said That in ga Sc the stockholders OF the Union and
Planters Banks CT either Of them. do not ratty the
acceptances aforesaid withina reasonable tine here
from then the Bank OF Tennessee shall be at liberty
TO pay out at her several established places OF bust
ness either her notes payable at Nashville or ather
Branches, or both Ddiscrlmnately at her opuon'
and in that event is only liable TO redeem these notes
IN coin at the points where they are respectively
made payable on their faces
Mr. WOODS bill was put upon its third reading in
the Senate on Friday, but at the instance Of Mr..
TRraBEE. was made the special order for Tuesday
next. that his bill may be considered at the same
time. Mr.. RICHARDSON'S bill (being its third read
ing) was also made the special order for Tuesday.
The MAus.-Referring to the late frequent fail
pres of the Eastern mail the Ye,rs of this city
says:
>. There has been no time within our recollection,
whom the nostal affairs of the country were in
more disointed condition; and all this Is occurring
when the facilities for transportation, promptly
and expeditiously- being multiplied in re-
Inarkable degree and at season of the year when
none of the casualties of high water bad roads,
bridges washed away. and such like can be offered
in extenuation of the failures err
There is undoubtedly something wrong on the
Virginia route-We do not know where the failures
occur but are satisfied that, from Knoxville to
Nashville the service is punctual The ir1eguiari-
ties are between Knoxville and Richmond. As
when tile mails fail to connect it would seem that
nroDor regard for their own interests ought 20 IN
duce better management by the officers Of the roads
They ought to learn that travellers now have
choice of routes and Will not long submit to such
interruption as Of late have characterized the Nir-
gina route. "
q FIopFrESsIY DENoCRATo. The Legislature OF
Georgia is composed as follows:
Total number Of Senators 1872.
Democrats 80.
opnosition 4O-Democratic majority GO.
Total number of Representatives III.
Democrats lZ3
Opposition 4g-Deinocratic majority ~
Democratic majority on joint ballot 49,
Gov. Browns majority is upwards Of 2l,50O, be-
ing the largest ever given in the State As the Nash
vile Union would say Georgia is "hopelessy Demo
cratic. - reeaeUiVs Democrat
The Nashville Union never applies the word
hopeless to any thing Democratic. Nor is ever
a Know-Nothing or a Black Republican majority
hopeless s. while Democracy is left free to combat
it."
A RIPE OLD AGE,-The GreeneYile Dsmocrat says
Mr.. JoHN UITISGER, an old and very worthy citizen
of Greene county, died on the 18th of October, at