Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-01-14

Of STOCK held by each sockhOider IN TINS BANK. IN
compliance with which enclose lis, CT the stock
holders the amount Of stock held By each, AID the
place al which they receive their dividends, an }
would respectfully state that Of large part Ct the
stockholders We have no other knowledge OF their
place Of residence than that indicated by the place
they receive their dividends.
Yours, very respectfully,
J. kmKNAN President.
! 1.-THE accompanying list shows the uumher Of
shares held at Nashville 9,9i7, and a. Philadelphia
| l6 275.
o. motion Of Mr.. PETERS, j. was order,d that
one hundred copies Of he communications and &C.
c1mpauying lis; be printed for the use of the
] Senate.
PETITIONS
/ Mr. THOMPSON presented petitions from sundry
citgsns Of Smith aud Sumner counties, praying the
establishment II Law aud chaDeery cours at
Hsrtsville, which were referred to the Committee
the Judiciary.
Mr.. STANTON presented petition from sundry
citizens # Macon county, on the same subject,
/ which took the same course
REPORTS FROM STANDING COMMITTEES.
Mr.. HILDRETH, from the Committee on Private
Interpretations, returned Senate bill No, 2l3, to
/ Incorporate the Trustees Of tho Educational En-
| jJwment Funi Of the N 5mI his Conference, and
recommended the passage Of the bill after sIrik-
ing the Wards perpetual succession in the
/ first section, and asserting for City years"
Mr MINIS, frrm the Committee On the Judici-
cry, reported follows:
The Committee on the Judiciary have had u der
consideration Senate bill Nc - 10 secure liens to
fac:ors sRl commission merchants, which bill pro-
| pOses to give fac. Ors ami commission merchants
FIVE days len on sll produce sold by them, and a
/ mnj ,rity Of tue Commitee rscyIameid the passage
Of re bill; minority Ct the Commiues, including
the chairman, entertaining a diff rent opinioe They
have also had under consideration Senate bill No.
n m { of a. Ia in
| and recommsGd It's rejection. Also Senate bill No.
lS9 to repeal sH;tiOns 3 S27 and POI Of the Code
Sud Tecomms END bill Ia lieu 20 amend the law on
the subject Of Administrations, aE4 q chang, the
jurisdiction Of County Courts. ard reccmmeni its
adoption and passag'.
BILLs INTRODUCED.
BY Mr.. LANE: No. 22G--To provide for the re-
apportionment of The capital stock Of the Bank Of
! Tennessee, aud for other purposes. Provides
lst, that the capitsl stock Of the Bank of Tennessee
! shall be apportioned so az 10 give each Of the
eight recognised Branches the which il Is ear
tiled according to tbs provisions of AZ act passed
/ 25Jh January, 1885, d, that so soon a. the re-
appOrtIoumeut is made the several branches of the
Bank OF FtnGcs -ee shall take and use the amount
elongiug to eeeh, Independent of the principal
| DauE, and free from the c9utTcl agd management
Of the dIreCtlrs OF the said principal hsrk, and
each Of the branches sh III issue is own notes. and
shall be rsqu.l CT ie protec aud redeem The same;
81, that hereafter the board OF directors OF
Of each Ct he branches shal be nominated by the
Govern + AID confirmed ~ the Lagizlst5r, and ,hGn
hold thSir cfi;a for Two years Passed acst rssd
ing AID referred h Inc COMMITTEE GA Banls.
By Mr. Payne. -. 227-To encourage a direct
t'a1e wi'h EIropc LP.ov d, s, hat Whine er ary
Incorporated company shall have raised capitol OF
two millions Of dollars 10 be applied to tie estab-
lshmeut OF line Of steam ships from the waters OF
tue Che52pcak Bay 10 some specified port of Europe;
and Whenever the S,stc Of Virginia shall have sub
serbed three hundred thousand dollars 10 that obect
tLeu it is made the iG'y of the Governor Of Ten
nesslc 70 subscribe enc huaired thousand dollars
for She scme plrp5s,, 10 be p5id in one two and
three years; tie first payment BE- m:do uron the
completion of The tv first steam ships intended and
coaaug-tcd for taa. Purpese-this amount beipg
I ln''A4ai a. t1gqs t2 glsl egt-rpiise Passed
frs. resd.gg
HOUSE BILLS on SECOND RsADIEG
N. SOTO amend the Cearter Of The Memphis,
Chrksvile end Louisville Railroad
Mr.. NEWMAN (Hr. SrovALL in the cbsir) offer
ei a amendment tJtbe bill, which was resd fol-
lonst
Provided this &C. shall not Be so construed as to
release any lien the state may have 5n said road
SHAH said act be 50 cQnstrued as to grant any
aiditi.ns Safe all o,her than is uow provided BY
Nv
The amenimcnt was sdoFted AID tLsn,
TAe bill passed lis second reading and vas refer
red TO the GoGmit'ee on Internal improvements.
AAENDHaSF CT EHE Co8sTIrUHGg,
Mr.. Stokely's resolution to amend the oouslitu
ton to require the Legislature to meet on the
fist Monday in October anI adjourn ou or before
the Thursday preceding ,Leh 25.h OF December,
coming up is order,
&r. LANE offered an amendment to strike cut
the "25th Of December" and insert the "25.h Of
Q,tcber"
BcuIiFg ths gag dsraiioR of WHICH,
On motion Of Mr. RlCHAKLSGN, The resolution
was referred 10 The Coumiiiee on the Judiciary.
On motion Of Mr, PAYNE Che Committee on the
JadciGTy were insruoed, if they recommend the
adoption Of the regolutioa to report q bill to pro-
vide for paying the gxpense Of tbs submission Of
the proposition t. the people.
HOUSE BILLscN FIRST READING.
No I9--For toe removal or casla7ement OF the |
irse negroes q tHis State. Passed,
On moiDu Of AZ THOMBS0G. il vas ords.ed /.
th>t ope hundred copies Of Tie biibe pria.s for
The use Of the Senate.
Ga motion Of Dir. LANE, the bill was referred /
TO the CUmmt.ee on the judiciary, With :Gstruc-
ions &c report sg b the o5ustiu ionGlity Ct the .
bill.
No. 268-To amend The chatter Of The Mary7ille /
CNpge Passed
REIU4ETEa OF UNION AND PLANTERS BANKS.
The SPEAKER stated that il having been in
formally agreed 10 pass over the special order for
to-day, ttHs 7esl,7Gzn Il Air Iliahards3u 10 "a
gard 70 saD Exchange Rank in order 10 consider
Senate bill 10. lOf. incorporate the capital of
the Union and Plant rs Banks Of Tennessee, on lis
third reading. he sdog!d dire: the Clerk 10 axe /
up and read the bill
Tie bill having baen read
NJ, PETERS moved to strike cut the FIST ecti, n
Of the bJl ana insert lhe foloYngi
SIC lsr. &c . eHqete5 Jy ne G5,egqI A54saj4y 81
lie STATE Of TENNESSEE, TGaethe Uni6n and Planters
Banks are bereby authorized to continue banking
heir q viii ]
the provisions Of the free bankiug laws heretofore
ia exisleLCe in this State for the Term Of fifteen
Ia years frol the expiration Of their present
ters, subject to lhe fot5TIug eosidcFations,
so-Wit:
Isl That al the powers and privileges granted
10 aad bqpka, eh'il be subj et to ne operAti0a Ct
such general lava 50 Hay bs hereafter epa3.eq
.rom time 70 time, rcls- sc 20 banks srd b.uki7g
n ths State.
-. That said banks shall keep on hand % per
cent ia ere re IF their cash liabilities; aad if al
.nr sine said bllks fall below said proportion, all
hsooun shall cease unit. they shall briag them
elge, EitAiR TIE proportion required by this act
IND failing tq keep - PEI feni u 'pste Of their
ash liabilities being Ellgll aud Intention Il vi 3
la:;Qu Of is section by The principal officer o. said
AJAX, so offending shall b. ~ sdC mid eGe4ncr, I
OF lch sail cai5er, iFsuJing, shall je subject
C Gae ana Imprisonment OF convection thrf Of b
81. That SAD banks shall niorse, n ,-u5, the R
onts deposited for the bensf CT tn '.ooiders r
I said banks, aai said note-holdefs /. The date L
susp. nsior, shall have lien On the effects Of s
sid ks: 7
+.b TAa. staqk Il tasir resident stockhOd.
r 81 al 30 con uGe4 in lts counties If VhiTh the
? is sitl.t,3, aud .zel from lime to time a. .
he L agisialurc nay direct other bank stock to be
lSSl !.
5.b. Tbs Tie major part Of said stock shall be Of Of
wed in The State and said stock shai! BE scaled in
trc, four aad six gears in equal portions until
'e maj )uty Of the waole stock slsh be owned 10
,c STATE; and said stock not listed for taxation as
lis statute directs shall be subject to forfeiture to
e Safe N
Mr., PETERS opposed tie passage Of The bill ct d
,nsife7abl5 !gngH His re9siks will be publish
tO-Inorrow.1
NJ, PAYNE replied iA advocacy Of The bill
o. moi Il Ct Mr.. STOKES, the vote adopting the &
"a ia lieu offered by Mr. Trimble yesterday, vas
considered, and then, 81
Ga motion OF Mr.. McNEILLf, the further con-
ieralion Of the bin was made tie special order
4, Thursday, the 26.h last at
SENATE PILLS ON SECOND READING. SP
Nc lOl-To castls tAs owners Of the stock in lie
.ndridge and Farmers RaDks TO iugest Ehsir sap
II therein in the QcOee Bank, and to anthors he