New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-25

| Each bank shall within six months after accept
ing this ordinance establish branch in one of the
parishes of the State other than that in which the
| mother bank is located, and other than that in
which a branch has been established by another
| bank, 1.-THE parish of Orleans accepted, where no
| branches shall be established with capital of not
| less than one-tenth of the whole capital of the
| mother bank to be loaned out and used eXclu-
sivey in the country parishes, at least one-half of
| which, should application be made therefor, by
solvent applicants, with sufficient surety, shall be
used in dscounting paper maturing in one or more
years, which branches shall continue long as the
| mother bank lasts or until authority is given by q
| vote of four-flfths Of oil the members composing
both branches of the General Assembly to so dis
| continue the same.
| Mr.. Hodge moved to lay the said substitute on
the table, and Mr.. Bush called for the yeas and
nays, which were ordered, with the following re-
| suit viz:
| Yeas Messrs. Adams, Avegno, Barrow, Bermu-
| dez, Bonfcrd Brscoe, Caldwell, Conner of st.
| Tammany Egee, Estn, GLADDEN., Hernandez,
| Hodge, Hodges Hoingsworth, Lawrence, Laba-
| tut, Lagroue, Lewis of Bienville, Lewis of Clai-
| borne Marks of Caddo, Martin of Carroll, McClos-
| key McNeely, Miles, Norton, Olivier Patterson,
| Perkins of Orleans Peck, Pemberton, Pugh, Rose
Illus, Rozier, Scott of Claiborne, Slawson, Stewart
| Tappan, Todd, Towles, Williamson and York-43.
Nays Messrs Barbin, Bonner, Burton, Bush,
Butler Cook, Connolly, Conner of Concordia, Colt
man. DeBlanc Dorsey, Dufel, Dupre, Fuselicr,
Fuqua, Gardere, Gaudet, Gill, Girard, Gray, Griffin
| Heron, Hough, Johnston, Kennedy, Kidd, Laba-
| tut LeBourgeois Lewis of Orleans, Marshall, Mar
rero Marks of Orleans, Martin of Assumption, hi a
| Magee, Mcfarland, Melancon, Meredith, Miller,
| OBryan, Perkins of Madison, Polk, Richardson
| Scott of East Feliciana, Semmes, Smith, Smart
Sompayrac, Sparrow, Swayze, Talbot, Taliaferro,
Texada, Tucker, Valentine, Verret, Warren, Walk
er, Williams of St. Helena, and Wtz-5s.
Mr. Wilkinson declined voting, as he had not
heard and did not understand the question.
Yeas, 43 Nays, So.
Mr.. Elgee submitted the following as substitute
to the one offered by Mr.. Bnsh:
That Article 11S of the Constitution be amended
| SO as to read as follows:
Corporations with banking or discounting priv
leges may be either created by special acts OF
| formed under general laws ; but the legislature
shall in both cases provide for the registry of all bills
or notes issued Or put in circulation as money and
the banks created shall be governed by the
fundamental rules" Of the act of the legislature
approved 5th February, 1872, entitled, " An Act
to revive the charters of the several banks located
in the city of New Orleans, and for other pur
poses," (Which rules are embraced in the five first
| paragraphs of the first sections Of the sad act
and shall, besides, be subject to the control anc
supervision of the Board of Currency, as required
by existing laws:
Mr. Bush moved to lay the whole subject on The
| table, on which motion
Mr.. Estlin demanded the yeas and nays, with the
following result, viz:
Yeas: Messrs. Barbin, Bonner, Burton, Bush
Butler, Conner of Concordia Cottman, DeBlanc
Duffel DuprG, Fuseler, Gardere, Carrot, Gaudet
Gill, Girard Gray, Griffin, Hough, LeBourgcois
Lewis of Orleans, Marshall, Marrero, Martin o
Assumption Mcfarland, Melancon, Meredith
O'Bryan, Patterson, Perkins of Madison, Polk
Richardson, Smith, Smart, Sompayrac, Taliaferro
TeXada, Tucker, Valentine, Yerret, Warren
Walker, Williams of St. Helena, and Witz-44.
Nays: Messrs. Adams, Avegno, Barrow, Bermu
dez, Bonford, Briscoe, Caldwell, Clark Cook, Con
ner of St. Tammany, Dorsey, Elgee, Estln Fuqua
GLADDEN., Hernandez, Heron, Hodge, Hodges
Hollingsworth, Johnston, Kennedy. Kidd, Labatut
Lawrence Lagroue Lewis of Bienville, Lewis 0
Claiborne, Manning, Marks of Caddo, Marks 0
Orleans, Martin OF Carroll Magee, McCloskey
McNoely, Miles, Miller, Moore, Norton, Olivier
Perkins of Orleans, Peck, Pemberton, Pugh Rose
lius Rozier Scott of Claiborne, Scott of Eas
Felicana, Slawson, Sparrow, Stewart, Tappan
Talbot, Taylor of St. Charles Todd, ToWes, viii
hanson, Wilkinson and York-59.
Yeas, Al; nays, So.
The motion to lay on the table was consequent
lost and the subject continued under consider
alton.
Mr. Elgee now offered an amendment rs a sub
sttute for the first rule of the second section.
Mr.. Hodge moved that the amendment Of Mr.
Elree be submitted as substitute for the entir
ordinance, as well for the first section aread,
adopted, as for all that portion of the ordinance
not adopted, together with the amendment
thereto, and asked for a suspension of the rule
for that purpose, which unanimously agreed to
Mr.. Marks, of Caddo, moved to adjourn, which
was lost.
The question then recurring upon the substitute
of Mr. EIgee, Mr. Hodge called for the yeas ant
NAYS, which were ordered, with the following re
suit viz:
Yeas: Messrs. Adams, Avcgno, Barrow, Der
mudez, Bonford Briscoe, Caldwell, Clark, Cook
Dorsey Elgee, Estlin, GLADDEN., Hernandez, Hodge
Hodges, Hollingsworth, johnson, Kennedy, Kidd
Labatut, Lawrence, Lewis of Benville, Lewis o
Claiborne, Marrero, Marks of Dreams, Martin o
Carroll Magec, McCloskey, McNeely, Miles, Miller
Moore, Norton, Olivier, Perkins of Orleans, Peck
Pemberton, Pope, Pugh, Roselius, Rozier, Scott O
Claiborne, sIawson, Sparrow, Stewart, stocker
Talbot, Taylor of St. Charles, Texada, Towles
Valentine, Wilkinson and Yorl-54.
Navs: Messrs Barbin, Bonner Burton, Bush
Butler Connolly, Conner Of Concorda, DoBlanc
Dufel, DuprG, Fuselier, Fuqua, GardGre, Garret
Gaudet, Gill, Girard, Gray, Griffin, Heron, Hough
LeBourgeos, Lewis of Orleans, Manning, Mar
shall, Martin of Assumption, Mcfarland, MelanGon
Meredith O'Bryan, Patterson, Perkins of Madison
Polk, Richardson, Scott of East l'eliciana, Smith
Smart, sompayrac, Swayze, Tappan, Taliaiero
Todd, Tucker, Verret, Warren, Walker, William
of St. Helena, Williamson and Wiltz-49.
Mr. Marks, of Caddo, at his request, was eX
cused by the Convention from voting.
Yeas, "a nays, 40.
And the substitute of Mr.. Elgee was therefor
adopted.
Mr.. Estlin moved to reconsider the vote jus
taken.
Mr.. Perkins, of Orleans, moved to lay the motto
to reconsider on the table.
And, on motion by Mr.. OBryan, the Conventio
adjourned.
J. THOS. WHEAT, Secretary,
TO u II N Al . e Il ( Q II
DE LA