Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1862-02-05

otherwise at early a dsy practicable Re-
ferred to the committee on military affairs,
Mr.. Strange introduced ian ordinance aRthoris.
ing the issue of Treasury Notes"
Authorizes the Treasurer to issue the notes, Of a
greater denomination than $50, which were pre-
pared and signed under the first ordinance of the
Convention, to the amount of s l20 Coo This issue
is rendered necessary by the inability of the Urea
surer to issue smaller notes with sufficient rapidty
to meet immediate demands on the treasury
On motion of Mr.. Strange the rule was suspend
ed, and the ordinance put on its second reading.
On motion of Mr. Smith of Halifax, the ordinance
was amended by the Insertion Of proviso, +" that
the notes thus issued shall bear no interest"
On motion Of Mr.. SattertRwaite, the further pro.
riso was added, 'that the notes ISSUED shall con-
stitute part Of the three million issue heretofore
authorized" The ordinance thus amended passed
its second and third readings. -.
Mr.. Holden offered the following amendments to
the Constitution, which were referred TO the CON-
mttee on Constitutional amendments raised on that
subject, and ordered to be printed: -
knowledge, learning and virtue being essential
to the preservation of republican Institutions and
the diffusion Of the opportunities and advantages of
education throughout the different portions of the
State being highly conducive to the promotion Of
this end it shall be the duty of the General Assem-
bly, in all future periods of this government to
cherish literature and science. And the fund called
proceeds thereof stocks dividends, and other pro-
perty of every description whatever, heretofore by
law appropriated for the use of Common Schools
and all such as shall hereafter be appropriated
shall remain perpetual fund, the principal of which
shall never be diminished by legislative action and
the interest thereof shallbe nviolaby appropriated
to the support and encouragement of Common
Schools for the equal benefit of all the people Of the
State.
That the property of the University Of the State
shall be held in perpetuty by the Trustees thereof
for purposes Of education; and no part of it shall
ever be diverted from said purposes, nor the right
of the University to it impaired by the Legslsturp.
Mr.. Strong Of Wayne, resolution declaring Hen
ry I. Clark Governor of the State until his success
sor shall have entered upon the duties of his office
Read and referred to the committee on the cxecu-
tive department o.
Nr. Sutherland, resol ution requiring the CON-
mittee on military affairs to inquire into the pro-
priety OF exemping justices of the peace over the
age Of 70 years, from ordinary militia duty. Lies
over.
Mr.. Thompson, an ordinance restoring the Courts
Restores the Spring Term Of the Courts restricting
their jurisdiction TO eicH and matters of tort
Lies overt -,s.-....r
The Convention resumed the consideration of the
unfinished business of yesterday, viz The ordi-
nance to repeal in part the existing Stay Law"
The question recurring on Mr.. Satterthwaite's
motion to postpone lnueiinltcly,
Mr.. Badger who was entitled to the floor, con-
tnued his argument in favor orthc ordinance.
Mr.. Satterthwaite replied TO Mr. Badger
Mr.. Reid moved to postpone the further consid-
Grafton Of the ordinance and to proceed with the
special order viz: "the Piedmont Railroad dan
vile Connccion)
Mr.. Badger moved that this motion lie on the
table.
On this question, at Mr. Gilmer's instance, the
yeas and nays were ordered.
The motion prevailed. Yeas Ga, nays So.
Mr.. Brown addressed the Convention IN opposi-
ton to the ordinance He said that he had voted
for the Stay Law with great reluctance and did not
approve of some of its features lie was pleased
with the ordinance os the gentleman from Way ne
(Mr. Thompso",l which proposed a restoration of
the Spring Term of the Superior Courts and gave
them cosuizance merely of civil cases and actions
founded on tort He was also in favor Of a further
modification of the law for the benefit of creditors
whose debts were imperilled.
lie said that the ordinance under consideration
surrendered the whole constitutional question 1t
went further than the Legislature had gone in that
it provides that the sheriff shall not sell property
after appra semenI for less than ITS cash value-thus
interfering with the essence Of the contract
Mr.. Woodin followed, opposing the ordinance
and when he concluded the Conventian adjourned
The Reporter has merely indicated the positions
of those who participated in this debate Other than
a tuN report had U".n All untdir one, and re-
port in full he was unable to make.
FRIDAY, Jan. 81, 1852.
The Convention was called 10 order at II o'clock
Prayer BY the lev. Henry Harde, of The Presbv.
terrain Church.
The journal of yesterday read and approved
The President laid before the Convention petit
ton from Andrew Baggariy. oG Tredell county,
which was read and laid on the table
Mr.. Galloway, petition for the repeal Of the
Stay Law from citizens of Wilkes county. Re-
ferred TO the committee on the stay law.
Mr.. fIargrove introduced IAN ordinance concern
ing the County of Granville" Authorizes the
Court of Pleas and Quarter Sessions to postpone
the leveying of county taxes from the February
term to the succeeding term Of the Court.
On motOn-Of Mr.. Hargrove, the rules were sus-
pended. The ordinance was amended by extending
its purview to the counties Of Castor, Lincoln,
Warren, Stanly and Person
Mr. Graham suggested the proprety OF the pas
sage of general ordnance on the subject and after
some discussion the ordinance and amendments
were referred to the finance committee.
Mr. BrysOn introduced an ordinance authorizing
the stockholders Of the Miners and Planters Bank
at Murphy 20 establish branch Of their bank east
of the Blue Ridge. Lies
On motion Of Mr. Rayner, his resolution instruct
ing an inquiry by the Committee on the Executive
Department as to the propriety of abolishing the
Council of State, was taken up and passed.
On motion of Mr. Christian, the ordinance to re-
peal the 9Th section of the Cheraw and Coal6elds
railroad charter referred to the select commit.
tee. ..
The Convention proceeded reconsider the unfin.
ished business of yesterday, viz the ordinance to
repeal in part the existing stay law.
The question REQUIRED on Mr.. Satterthwaites mo-
ton to postpone Indefinitely
Mr.. Graham aGdr .Ssed the Convention opposing
the postpcnement and urging the repeal.
Mr.. Brown replied, defending the action of the
Legislature on the subject of the stay law.
Mr.. Mebane had opposed the stay law in the Leg
isature, but regarded the proposed repeal merely in
light of substitution Of one stay law for another
He should consequently vote for an indefinite post
ponement which would leave the present law the de-
cision Of the Supreme Court as to its constitutions
atty. -
After good deal Of discussion between Messrs
Brown, Rufin, Rayner, Howard and others, the or