Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-11-19
mont Preserving to the LegisIature the rgt &c alter,
md o. ..o-.anl IL. ela..t.r ..as rainctad h.-

ant feaervuQ to the Legislature the rght e alter,
s amend OF repeal the charter was rejected By
9 Yeas-Messrs. Bakerof Perry Baker Of Weakly,
larksdale Bayless, Beatty. Bennett brtrons Cowden,
z Crtz D&vidsen Doak, Ford, Frazier. CAN'T, Guy,
Harris, Bebb Ingram, johnson, Kennedy. Kincaid
5of Anderson. Lea, Mayfeld. Nail, Roberts, She'd,
& Smith. Sowell TreFitt, Vaughan, White Of Dickson,
5 civilians of Franklin Williams of Hickman, Wood
and Speaker Whitthorne.-S5
81 S1iJsL-Messrs. Armstrong, Bicknen, Bleds0e,
Brazelton Butler, CALDWELL Chatham, Davis,
,tDudlev. East Ewing, Farley, Farrelly, Giles
.Fuie German, Greene. Havron Hurt, Jones. Kin
scsid Of Claiborne. MeCabe, Norris, Morphs, Nor
f1man Pickett Porter Richardson, Bu SELL Senter.
Shrewsbury, Trewhitt, White Of Davidson, Whit
snore, Williamson, Wisener and Woodard-S6
An amendment proposing to attach an Ind-
vdual liability clause to the bill was also rejected
Ely
b Yeas essrs Baker, of Perry, Baker Of Weakly
sarksdae, Baylsss, Beatty, Bennett, Britton, Crltz
ssIlayidson Doak Ford. Frazier, Can't, Guy Harris
lIebb, Ingram, johnson. kennedy hincaid' OF An
sderSon. Lea MaYfeld, Nall Roberts. Sheld- smith,
sSoweH Trevitt Vaughn, White, OF Dickson, Williams
sof Franklin. Williams Of Hickman. Woods, and
Speaker WhithOrne
q Nays-Nessrs Armstrong Bicknell, Bledsoe. Bra
ezelton Butler Caldwell, Cheatham, Cowden, Davis
ssDndlev East Ewing, Farley, Farreiy. Gillespiel
.Seaid of Claiborne. McCabe. Norris MOrphis. NOr-
STnan. Pickett Porter Richardson, Russell, Senter
Shrewsbury Trewhitt White. of Davidson, WhitmOre
Williamson. Wisener, and Moods.
sThe bill was amended by providing that the prop
erty Of tie company hereby Incorporated shall be iii
liable to the tax that property Of the same spe
Sces belonging to the citizens of the State is now
sliabe, or may hereafter be liable And provided
further, that each and every citizen of the State
who may be able to bring himself within the pro-
visions Of this act with the rights and privi-
Sleges, under the same Liabilities and restrictions
sheren named.-That no part of the capital stock or
property of the corporation shall be Withdrawn or
applied to any purpose but the legitimate business
of the company as provided by the charter until
aIl the debts Of the Company are paid and if the
Board permit the same TO be done, or fraudulently
or wilfully mismanage the affairs of the Company
$50 that loss occurs to the creditors of the Company
then the Board viii be individually held responsible
for such loss. But the Company shall not commence
m half of the capital stock is paid in, and nothing
shaIl be received in payment of capital stock but
5agold and silver notes of specie paying banks, or
property at fair valuation to be used in the business
of the Company, and that if corporate property be
mot sufficient to pay the debts Of the Company then
the corporators are to be individually held respon-
ibe for their proportion Of the corporate debt pro
vided it does not exceed the dividends received by
such corporators from the business of said COmpa-
ny and that the capital stock shall be sold with
sout three months notice. by publication in newspa-
spers of Memphis and Nashville.
81 In the Senate Thursday, Mr.. PETERS offered re
solution declaring that it is unwise, unnecessary,
and nexpedient to create any bank charters or re
cbarter any of the existing banks during the present
session of the Legislature" This resolution re
s Elected by the following vote;
81 Ages-Messrs. Hildreth, McNeilly, Peters, Thomp-
.&son Wood and Speaker Newman-6.
"a AOeS-Messrs. Allen, Boyd, Bradford. Bumpass,
Hunter. johnson. Lane Minis, Mcclellan Nash,
Richardson, Stanton, Stokes, StOkely, StOya and
.s5Trimble-l6.
House bill to regulate the practice of obtaining
Z writs of error passed on its third reading. Mr..
sTHoMPsoxs bill 10 establish general banking law
n this State made the special order for the 23d
s, inst.--The bill reported by the Committee on
Blanks to mite the City Bank of Nashville and the
Bank of Knoxville, was passed on its third read
ling
Is In the House on Thursday. the Memphis and St.
Z Louis Packet Company bill was further amended by
fproviding that the stockholders of said company
s shall be individually liable to the amount Of their
stock for the debts ofthe company, until their whole
stock is paid in and that the company hereby char
tered shall be subject to such general laws as the
Legislature may from time to time enact, touching
lkseamboats steamboating, commerce and navigation
hand the bill passed the third reading by yeas Il
gsnavs 27.-Senator HoaNs bill to change the time
of holding the Circuit Courts Of Robertson county
was ia ken from the files read, and passed the third
seand last reading.-SenatOr MINIS bill to ncorpo
S rate the Tennessee Iron Company was considered
Representatives JONES FARREILY. Ewing, BEAzELToN
BIckNEII TREwITTTT, and BUTLER advocated, and Re
representative WILLIAMS, of Hickman opposed the
Sspassage of the bill
In the Senate on Friday House bill to establish the
NSeventh Chancery Division of Tennessee, after be-
ing amended, was passed on Its third reading
Mr Bra DFoRD introduced bill TO place the sale OF
liquors in incorporated towns under the control
{sof the people After the transaction of good deal
of unimportant business the Senate adjournnd over
SO Monday afternoon.
n The House met on Friday, but without transact
Ming any business, except passing finally the bill au
Ehorizing the tax collector Of Maury county to ap
puiit two deputies adjourned cut of respect to the
of the lamentcd PONBExTER. till Monday
sSinorning at ten o'clock
81 We give space to the following communication
tsfrom the Hon. Dr. THOMPSON:
81 To THE EDIr0Rs or THE UNION AND AMERICAN
ESGenHcaa We always condemn empirics, sneel