Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-01-21

jadicioas to tsks capital from branches nat we're
making money, aud give it to those that Tsre mot
s ialr. LANE was satisfied that tie noliev vas fo
concentrate the eapitsl Of lse Bsnk Of Tsnnesses
ia the large towns, such as Memphis and Easb4flie
and hence he had iHtrodaced bis'h ill
AIr NEWMAN (Afr. sTovtl.1. in tb, ctsir, ,-sni-
ed no bank in his senat srisl district bnt 81 s,vs,.
this bil as right eu1 proper, aad a. a useief Nj
justice % the people
Af,er somc further discussion
On motion Of 3fr- EOFALL. tae farihe- csnsid-
srsi'en O she Ply W. made Che spscia. order for
TUESDAY Us 5lst inst
No 233.-lo Substitute " u. Morrow inst.ad 81
Robert CtnpoeA % compare trsnssripta ~ ffs
Regiserss Books ior East Teanessee. Passed
ayes 20 noes Q
No 2s4-ro fix Tho conpeisasiaa q sic mem
bsrs aud glicsrs Of he Genera Asaemts5.
MF. RICHARDSON offered 80 amendrisnt. sripe
the oomreneation g lie nenbers ana officers AZ
called ss,sioas Waiel vas adoplei.
The qasati15 reclrring upon the pssssca Of he
bin as amsndsd fhs ayes aad noes were taken and
resulted, ayes u noes ~, IS iolo7s.
Ayc-Mea7Is Afin, Bgrpsss. Horn Johnson,
Mickey, Minnie. Msaelily. Payne, Peters. Rich
ardson and Wood-ll.
-aiessIs Boyd Bradford. H6dreth, Lane.
McClella8. Stanton. Stokes, Ssokely, stovall and
Speaker Newman-l0.
BRAHonEs OF rHE BANK oE TENNESSEE.
Mr. BRADFORD offered the foI,oring resolution.
Rssolcs3, Ihas a special colamittee Of three be
appointed 10 repori 70 the Senate ct as early day
as praotisable, whether he branch banks Of the
Bank Of Tennessee are abls 70 sustain themselves as
independeat banks.
Yhe resolution lies over under the rule.
And then
On motion Of 1lr. MINIS, the Senate adjourned
HOUSE OF REPRESENTATIVES,
FBiDAr, Jan. 20. 1850.
The journal Of yesterday vas read aad auhsnti-
Nsw BILLS
The folloTing bills were introduosi ~ leave,
read and se'eraly passed ths hrst reading. without
objection
By Mf. WOODARD, 454, to give Justices Of the
Peaee juFisdiciion on notes q hand Of any amount
By Dir. W0ODARD, 455, to reduce the fees Of tax
collectors and county trustees.
By Mr.. FARLEY, 456 TO incorporate the Third
Presbyterian Church in the city Of Memphis
BY Mr. HEBB, 45l to prevent persons residing
Of the State administering ca estates persons
dying in this State.
i,HANCsRY AND CIRCUIT COURT
On moison Of Mr.. JONES' The rules were sus-
pended aad Senator sSlokely's bill, Is. 1907 to
change the tine Of holdieg tle Chancery Court Ct
se7iervilIe was taken from the files and read.
An emendment changing the Circuit in Fsntress
and Scott counties was adopted.
Mr.. G0RMAN presented a petition praying for q
particular time Of h3fdiag the ChanceIy Court in
sevierville, which wasread.
Tao bill passed the second readi8g.
ESTRE GIANTS
Dir. HikVR0N, By leave, offered the following:
WHEREAS Under the act Of 1929, Oh. IS and
preceding acls, any person had the right 10 enter
and obtain grants for any Qnsnfity Of land not ex-
ceeding 5000 sores, north and east Of the Con-
gressional reservation line and Bortb Of the Ten
nessee river, on paying ofiss fees, sc.
AND WHEREAS, In fraud Of the Law and ia Vio-
lation Of the rights Of other citizens Of the State
who have an equal claim upon its boanty, various
persons have obtained grants fer lands embraced
within the provisions Of said act exceeding 5000
acres-in some instances il their own Names and
in other cases in the names Of other persons, to
eyRde the pr0hihitory clause OF said act Of 1859.
AsD WHEREAS, It ia the duly Of the State to see
that equal and impartial justice be done to 81 her
citizens, some Of whom nave, believing the grants
thus obtained void, entered and obtained other
grants Therefore
RssoIDea By tie General A5s m5ly Of the State Of
Tennessee, That the Attorney General Of the State
institute in the Of the State Of Tennessee, in
the ChaRoeTy Court 10 any county in this State, the
necessary proceeding TO have the entry grants de-
eared void that may have been purchased to be is
sued in violation Of the terms and spirit and mean
ing Of the act Of 1929, oh IS.
Rssolped further, That the Attorney General be
allowed such compensation IS the court trying the
cause or causes may deem reasonable, for which tie
Comptroller wiz issue his warrant, upon the pro-
duetion Of the certificate OF The Judges or Chan
cellor.
The resolution lies on The table Que day under
the rules.
Rrrrrs IA oFrrcusq
Ga mo;iOl by Mr.. MAYFIELD, under dispeu-
sation Of the rules bis bill, 1885, for the relief Of
the Sheriff o. Polk county, aud for other purpo Is,
was taken from the files on It's second reading and
read
Mr.. BICKNELL offered an amendment giving the
further time Of tsO years to the tax collector Of
Blount county.
The amendmendment was adopted.
The bill as amended passed me second reading
BASK CT CLAIBORNE.
On motion by NJ. HARRIS, under DISPENSE
ton, M Leas bill II. R. 2S3l 10 protect the note
holder Of the Bank Of Claiborne was taken from the
Eles, read aud passed the second reading
TELEGRAPH COMPANY.
On motion by Mr.. CHEATHAM, the rules we're
suspended, aud Senator Trimbles bill Is. 1901 to
amend an act Incorporating Building Company Of
Memphis aud New Orleans aud Ohio Telegraph
Company changing the name Of the latter compa-
ny to the Southwestern Telegraph Company was
taken from the files read the third time amended
and passed the third aud last reading in the House
Of Representative
TURNPIKE COMPANIES
On motion BY Mr. MARTIN, his bill. ia, to
incorporate the jennings Fork Turnpike Company,
was taken from The files, under dispeusation,
read the second tine aud' passed the second read
ing.
Az ADDITIONAL CLERK.
% motion By Mr. CHEATHASl. his resolution
authorizing the employme ut Of an additional Clerk
was taken from the files aud read.
After some debste thereon
The resolution was adopted without division of
the House.
BANK OF TENNESSEE.
On motion by Mr. CALDWELL, bis bill, 1888, %
eurtail the expenses Of the Bank Of Tennessee was
taken from The tiles and read the second lime.
THE bill provides that the salary Of the President
Of a Branch Bank skall not exceed $500
The bill was passed the second reading
FOHKED DEEa RTvER.
On motion b. Mr. JOHNSON, the rules were sus>
ponded, and Senator Bumpass's bill rs. 1857 20 .
repeal the act Incorporating the Forke4 Deer River
Navigation Company, vas read and passed the first I
time without objection
THE BANK QUESTION.
The SPEAKER announced the special order 10 be I
The unfinished business Of yesterday, being Senator
JoSnson's bill IS. 1867 10 reform and regulate the
system OF D1uklls j me DLAAe O. Ae4Aea4ee
This bill is the sane introduced in he House BY
Mr CAN'T November 10, 1859, and which is print
81 on pages 3O1, 3o2 BOB and 304 Of the LEoIsLA-
TIVE UNION AND AMERICAN.
The SPEAKER read section tgenty-siX.
Mr.. WO0DARD offered an amendment to add
after the words original subscription" the words
and also for his pro rata portion any loss which
may be sustained by the creditors Of tue institution
during the time he may oRn sucn stock
Mr.. CAN'T objected to the auendmeat.
Mr.. HURT opposed 10 The whole scheme Of
Individual liability, for he believed no good could
come out OF it 70 The people st large.
u HEBB proposed amendment in lieu " thai
each stakeholder be indivi1ully liable the amount
he has taken after the assets Of TIE bank are ez-
lausted.
Mr.. BENEENT was in favor Ct individual labi.i-
y and legislative repealabiiity. When the PROPOSE
ion comes from an Opposition member % incorpo-
ate individual liability in this bill, how VIII We
iand before the country if We refuse 70 accept il?
Ne voted individual liability upoa q litls Packet
Company bill, AMI nov when this great bank bill
ZONES up, are gentlemen going TO desert he priDoi
lleg Individual la5iiiiy was plank in the Sum
Ter county platform, AID he would prove fsish-
ess 20 it.
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