The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-02-06
THE LATEST NEWS.
AFFAIRS AT THE STATE CAPITAL

.ruu uARIKM RAILRoAD-rHE ASSEMBLY CHAMBER
THE PEOPLn' 8 LOAN AND BELIEF COMPANY BILL.
ALBANY, Feb. s, 1852
full quorum Of the Senate was in attendance this
morning though Senator Stow still confined at Lewiston
ON account of Illness Senator Noxon has been compelled
10 at home in Syracuse by Of the severe
iness Of bis wife, who died Thursday; and we are
sorry TO say that Senator Doherty's sickness still pre-
vents him from remaining his than few hours
occasionally much the OF the interests Of bis
constituency and the people Of the city Of New York
generally There were number of local and unmpora
bills disposed OF. The Harlem Railroad bill, giving the
company power to small through Madison ave-
and steam down Forty second street, and extend
ing It's charter for thirty years. for third read
ing, but laid aside motion Of Senator Owen, who
thought the Senate thin to get the necessary
affirmative vote.
The ceiling over the Assembly chamber remains in
Matu quo, Of the fancy fresco having ye
fallen To-day the of the Capitol held consuta
on In the chamber, and concluded insert
bearings and bolts temporary preventive TO the fall
ing Of tho ceiling during the session Mr. Ellis, the arch
iect, under whose direction the chamber enlarged
some three years SINCE present with the
day. He stated that there existed the danger
from the falling Of any portion Of the work. The iron and
frame work were perfectly substantial and wond remain
perfect long any po of the Capitol TIL
settling OF the floor Of the committee above, the
eateu, vi
the chamber and occasioned by the weight Of the
State library then occupying the upper story
Aessrs Blachf0rd, Carrgau, Curtis and company have
satisfied the Committee Cities and Villages in the Sc
nate that their amended Peope's Loan and Relief Com
pany" bill all on the square they having concluded
20 strike out their fifteen per cent interest," AMI
down the "egai rates There suspicion attached
TO the measure, nevertheless Let us Ia section %
of the law, stands, the company pledged to
keep insurance upon all property peiged, sbut the
pswnees shall not be subject TO any pay such
ance" The proposed amendment of this third section
provides that the company shall have insurance for the
average amount Of the loans maize pledged pro-
perty, " and for su insurance, and for keeping
and dsposDg of the property pledged the said corpora
ton may make the charges customary in such transac
Aons." Thus will be that though the dlteen per
cent interest reduced to seven directly still the
amendment proposes add 'insurance" AMI cusonlry
charges besides, for keepng and disposng of the pro
perry pledged" Is there any other pawnbroker's shop
In the city Of New York, the SINNERS in winch per
tted by law TO demand aud insurance upon any
of the pledged "oid co2' Senator Owens keen ami
ecrutnzing eye will undoubtedly detect this attempt
sharp practice by Biatchiord " Company. There
other parties this projected 'trusr company having
no longer any preence 'reief, which deserving
OF consideration The bill announced by the clerk Of
tho Senate this morning, but 1t was not taken up.