Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1862-12-02

There was evidence that no IaofillNm had peer
shown in dlscountng notes and granting loans.
There was bank stock for sale at par Judge
Sprague who opposed the re-chrter, had volun-
tarily Withdrawn from bis connec with bank. III
did not appear before the Committee that new
bank was desired, or would be advantageous to
the community.
1t did uctIappear that the bnlk directors had
Intentionally violated the bankit; Ia" OF the state
The town authorities OF Brandon had no interest
in the bank beyond that Of othr business men.
The assertions made in the "Reminiscences against
granting a rs-charter were not sustained By evil
dedce before the committee. 1t appeared that
he President Of the bank was large holder CT
real estate, and paid one OF the largest tax bills
paid in Brandon.
Mr.. Denn,on, moved that when TIE House
adjourn it adjourn TO meet at O'Clock this eve
nIngj agread TO. Adjourn to I, 7. NJ.
HOUSEKEEPING
The Honse resumed the e'nHderAton Of the
bill extending the charter Of Brendon Bank.
Mr.. Selden 'pok~ at length in support Of the
bill, commenting especially upon the character Of
the sgners OF the remonstraaces. lie reviewed
at some length the evidence presented before the
Committee, urging that there v" no ground fol
refn,ug tro petition for re-chs'er but rather that
| it had appeared that those who were responsible
persons, and had opposed tn re-charter, were
connected in some way, eitherby blood or inter
est with the main opponent
Mr.. Gardner also sustained the bill at some
length Ho did not beeye here va, reason for
.ine Iing out this bank, and refusing to grant il
that extension which had been granted to Other
banks The csse against the bank had not beer
.ust.ined a, charged in the rmonAuance. lie
dget especially upon the fact that there was MOI
evidence that the bank had violated It's charter in
more than one instance and then not intention
ais, il indeed that one instance was violation
Of the charter, as claimed. There was no evd
ence that this bank had failed to accomplish tn,
purpose for which ii was chartered. |, should
be treated with the same consideration that othe,
banks had been.
Mr.. Deni,on hen questioned the members o
The Bank Committee, bringing out more full.
than had baen done, the fscn Appearing before
the Committee in relation 10 the persons wit
signed both petitions and remonrrances.
Mr.. Bsch spoke at some length lnipp
position TO the biz 1t vas evident that The
majority of the people Of Brandon had remon
su.tsd against Inc re-eharter. This vas IN hi
view sufficient reason for refusing to grant IN
petitions. The fact tia, dsy'l,ooFen we're fouo'
among those demonstrating, was al additions
reason for taking them into special confederation
He would SPEAK for that class who could not spea
for themselves, s1cep, BY petition or rsnons,ranc'
Mr.. Cu,hmsn Of Rochsu.r replied at son
lsnrta to the remarks Of he gentleman iror
Ludlsw tBsloh.) lie believed the bank was SCUM
fn,sci.lly and worthy OF "a, support OF the pee
pie for whs,e interest i! had been Incorporated
This bssk should be plsc.doy the Legislature uPo
the tame srousd a. others and he hoped men
b.u would not be pr,judiess BY remarks, or b
answers to heterogeneous, that seemed 10 plis
ih, bank upon a difereu. ground.
Mr.. Fisher sl,c spoke in reply 10 the gentiemi
from LUDLOW. lie sss s,oke in semneadaue
OF the source pursued - the gentleman fro
Brandon, (Ssden) both 10 he position "s mer
Der Of the COMMITTEE On Banks, and F." nemb'
Of the Legislature. He farther commended Il
Brandon Bank, in rf,snsc TO iu past mansg
ncnt and present financial condition.
Mr.. Chandler thosght the fact that the Bra
den Bank had bonc 50 searching investigate
before the Committee, ard coss cut so vel, wi
proof Of its good condition and Management
that should enltls il to re-charter.
.Ar. Adam, OF Colchester ,sld thai be shoul
60 With the m,jori,y Of the people Of Brands
against the rechsrtsr Of Inc bank.
M. Ssli.n stated in reply inquiry that the
va, nearly 600 ,igu,'ur" upon all tho p''l'lo'
and ls" than 800 upon ali the remembrance.
Mr.. Stos. ,pOk. briefly in favor Of the bill,
Ga ,ho question Of ordering ,sIrd reading NJ
, Burrows demanded the yeas ssd nsys-Iess II
Nsyi so, ana bill vas Ord,red to third reading
Adjourned.
Thursday, Nov. q.
CrAATtE