Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-01-13
TENNESSEE LEGISLATURE.


THURSDAY, January y, 1850.
The Senate was called to order ct nine o'clock by
the Speaker.
PETITION.
Mr.. MINIS presented petition from sundry
citizens Of Marion county, praying thst hat couE-
ty be attached to the fifth Judicial circuit, which
was referred to the Committee the Judiciary.
BILLS ISIRorUoED.
ByMr. sTOVALL, Chairman Of Special Commit
tee: No 222-To compensate The State Line Con-
missontrs for running AID re-merlirg the lioo be-
tween the States Of Tennessee AMI Kentucky.
Passed first reading.
By Mr.. PAYNE: No. 223-To incorporate the Ne
ehaniea' Savings Bank Of Memphis Passed first
reading aad referred to the Committee on Private
Interpretations
By Mr.. PAYNE: No 224-To incorporate the
Memphis Elmyood and Greenwood Railroad Com
pauy Passed first reading,ss and referred 20 the
Committee Oh Iaternal improvements
By Mr.. PAYNE: No. 225-To incorporate the
Peoples Passenger Railroad Company Of Memphis.
Passed first reading, and referred to the Committee
on Internal Improvements
AMENDMENT Or TIE CONSTITUTION.
Mr.. Slokely's resolution to amend The Coastitu-
ton so as 10 require the Legislature 10 meetOn the
fret Monday IN O5tcber and adjourn on or befoia
the Thursday preceding the 25th Of December,
coming up in order,
The ayes and noes we're taken upon its adoption,
and resulted ayes l6, noes 8, as follows;
Ayes-Mess-s. AlieU, Bradford, Hildreth, Horn,
MINIS, McCellaa, Nash, Peters, Richardson, STAN
ton, Stokes, Stokey Stovall, Thompson Wood and
Speaker NsEmln--l6
Noe-Messrs. Boyd, Bumpass, Hunter, john
son, Lane, Mickey NcNsiliy aud Psyne-8
constitutional majority Of the Senate having
voted for the resolution,
The SPEAKER declared il had p sed its sscon /
reading in the Senate.
SENATE Bills or sECoSD READING.
No. 1870 ratify ami confirm the work Of the
Commissioners appointed to run sad remark the
line established by eomPac. between the States Of
Tennessee and Kentucky.
The Special Committee 10 whom ths report Of the
Commissioners had been referEei reported bill
in lieu, which was adopted, and then,
The bill passed its second reading and was refer
red to the Committee On the Judiciary.
No. 2l7-To incorporate the Memphis Coal and
Mining Company. Passed and referred to the Com
mittee on Private Interpretations.
SENATE BILLS on THIRD READING.
No l3l-To incorporate the Wal e's Bend Turn
pike Company. Passed.
No. 1910 amend section 4, 564 of the Code of
Tennessee. Passed, ayes 20, no l. as follows;
~AVes-Messrs. Allen, Boyd, Bumpass, Hildreth,
Hcrn Hunter, JAtnson Lane, Mictley, MINIS,
McNeilly Nash, Payne, Peters, Stanton, StOkely,
Stovall, Thompson, Wood ard Speaker NeWman-20.
No-MT. Bradford Il.
No. 20I-To smsud the Law on the subject OF
mechsnics' lien Passed ayes %, no l, as follow:
ayes essrs. Allen, Boyd, Bradford, Bumpsss,
Horn, Hunter Johnson, Lane, Mickey, Mianis,
MeNeily Nash, Payne, Peters, Richardson, Stoke
ly Stovall, Thompson, Trimbe, W0od and Speaker
NeWman-22.
No-Mc Hildreth-1.
No. 2O7-TO Incorporate the SooLh Nash vile Gas
Light Company. Passed.
No. 2l0-To ALLOW defendants to indictments 81
kinds of pleas simultaneously With me plea of aatsr
tois convict. Passed. ayes %.
No. 2I2--To enlarge the corporation Of the town
of GainsbOro', in Jackson county. Passed.
No. 2l6-TO grant further inc to the Roma and
Carthage Turnpike Company to com lete their road
Passed.
No. 107-To renew and ex end the charters Of the
Uuion and Planters Banks of Tennessee.
Mr.. TRIMBLE offered bill il lieu, which Wss
read as follows:
A bill to iacorporats the capital of the Union and
Planters Banks Of Tennessee.
SECTION l. Be IL enacted By The General Assembly
Of the Slate of Tennessee, That the President Drec-
tors and Company of tie Union Bank of the State
of Tennessee, under the name Of 'The Union Bank
of Tennessee, " and " The Planters Bank Of Ten
neIsee' be bodies polite and corporate until the
LIST day Of January, 1878, with all the powers and
duties and Obligations, afA subject to
ed the 18Th day Of 0etober, 1882 and the 18Th day
Of November, 1888, chartering said banks, aud
the acts emendatory thereto, nov binding on
each respectively except far as the are al
tered repealed or modified by 90 act passed on the
- day of --, 1859, styled % Au act to regulate |!
and reform The business Of banking 10 this State;"
aud that the existing stockholders Of said corpo-
rations respectively, Tor those who shall be such /
at the time Of accepiance) shall have until the first
day of July, 1861, TO accept this charter,
SEC. ?. Be q enacted That the capital stack Of |
said Planters Bank of Tennessee msy DC in |
creased 10 the Of two millions Of dollars; aud
that said additional stock msy be subscribed for /
1t the the principal bank ct NASHVILLE, without
ANY right Of pre- smplion on the part Of existing /
stockholders, g. any time within two months
after thc acceptance Of this charter, and until
he whole additional stock shall be taken; no in
lividual, company or corporation being allowed
o take or subscribe for more than two hundred ard
if.y shares until six months after the book shall.
je opened for subscription.
SEC. s Be Il enacted, That whereas, the State
# Tennessee has sold cut the stock heretofore
eld by it in the Union Bank Of Tennessee, the AZ
airs Of said corporation shall bs administered oy
leyen directors to be elected by the stakeholder.
SEC 4. Be Il further enacted, That the Planters
Bank Of Tennessee may establish branch at MUIR
reesbcrc', in Rutherford county, at any lime after
be passage Of this til..
SEC 8. Be Il enacted, That The stock OF said
anks shall he transferable and assignsble accord
ne to such rales and ordinances shall be pre-
oribed By the President aad Directors thereof
SEC Be Il enacted, That said banss shall have
be privilege Of Issuing no;cs Of the encmiastion
{ 1--WE dollars, whenever thas privilege snail be
rsnted to any other bank in this Suite
The sill was adopted iu lieu Of The original
Mr.. NEWMAN (Mr WOOD in the ehairl hoped
he further consideration Of the bill would be post
oned until to morrow. he desired to ctfsr an
mendmcnt which he had not prepared, as TIE bill
sd come up unexpectedly, aud moved t. make il
le special order for Tomorrow at ten o'clock.
Mr. STOKELY thought it would be impossible t, :
sfeat the BILL aud suggested to the Senator from
rankin CNlr Eewmsn) to let il pass. Il would
robably be ameudmonded in the House aud come
lok to the Senate, and th5n be could offer MS
nendment.
Mr.. NEWMAN did not think the bill would b de- &
ated but be lad q duty - perform He was {
edged 10 his const tuents, aul he desired 10 faith
lily represent their wishes. t
After some informal conversation
Mr.. PETERS hoped the bin would be made iho .
'scia order for Tuesday, the 10th inst, he &C.
red to offer an amendment to the bill, which be !
I'd not yet prepared. lie suggested Tuesday be-
use be feared he would be unable 10 be in his
at tomorrow.
Mr.. Lane was in favcr OF the bill, bat he desired