New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-03-27
NHVv-YO.R EEGEsLAVUl:r:.
SENATE. ALBANY, March IS, lo63

biLisS fhNORABlfs
Rcimhurliup the Manhattan Company tho money
advanced on the Stale debt.
Relative 10 the New-York Common Schools.
Passed TO q third reading.
Relative to the Buffalo Young Mems Association.
Passed 10 a third reading.
Relat 80 TO school Libraries in New-YoTk. Passed
TO third reading.
incorporating the Female Academy of Visitation,
b ookyn.
Helative to the use of copaltnershp names. Passed
to a third reading. -,.
Relative 10 statistics OF chi me In the Guy OF new
York. Passed to third reading. 80,
The Ponghkeepse Water bill Passed to third
residing.
REPRESENTATIVE the org Island Oil Company.
Relative 10 attention TO prisoners ~ Kings
County. g., c.,, ~
incorporating tho "o"o'1i 0"s''"""'' "'"
York.
The bill for promoting volunteering aud re enlist
ments. Passed.
Increasing The compensation Of Juries in q certain
town OF Kings County.
BILLS INTRODUCED.
For the Improvement of Grand street, Brooklyn.
Relative TO bankers and brokers in Now-YOrk
Relative TO buildings for the LIST Division Of the
State Militia.
+ Mr.. CORNELL presented a memorial from the
eTN-scts OF NtN-1Ofh, LOT phssdgc VI
law regulating taxation on moneyed institutions,
providing that the stock thereof be taxable in the
hands Of individual holders.
BILLS PASSED.
The Pouphkeepsie Water and Bounty bill.
Tie BiDghamtOn Tax BILL
BILLS REPORTED ADVERSELY.
Against confirming certain ordinances OF the New
York Common Council. Agreed TO.
Relative To Courts OF civil aud criminal jurisdic
ton III Brooklyn. Laid on the table.
Relative to fees in Justices' Courts, Brooklyn.
Laid on the table.
Recess.
EVENING SESSION.
The Superintendent Of the Banking Department
recommends the passage OF the following act TO
bring the banking laws OF this State in harmony
with the law of Congress establishing United
Statee Banking Department:
SRcTIos The ssset Of the Legislature Il hereby reen to
we examination Of sp association for iEs the business
s OF unge. prov,se NSn &C. and
tie ,revoIs chapter D. articles 3D. part lat Revised Stat.
oS R @ S "n''' or on
SIC IL shall be awful for bank banking as,ocis
provision. copsd 10 section 81 OF tho ret Of Congress and
circulate the note. received In the re
receiving under thu section aforesaid .h "a quarter
ly statement to the sgpetplsns... report The amount Of
no"' N on haa5, received sod Issued according
SIC Nobius In this act shall be construed as reea,ins
sockL cider liability imposed by present Stste laws
! The Broadway Railroad bill came up. The I'm
section WAS smended providing that the company
shall not charge from one terminus TO any other
terminus or Tor shorter distance more ibnn one
fare unless passenger voluntarily leaves the car
authorizing the Common Council 70 decide upon the
necessity OF laying single track IN an adjoining
street the company 20 but one adjoining street
! Pending the molonr 10 fix the fares al three
cents and the motion allowing the company TO pay
III per cent dividend the capital also, 10 retain
n IN fIA rAah
and the balance to be appropriated 10 the Central
Park- prone. wrs rv-ns,-., 49,. ,''' 'i' was '''''
the special order for Friday night.
TAXATION Oh M"STYED CoRPoRATIOss.
MH CORNELL presented a memorial from the
Board Of Supervisors Of New-iork scitiog forth
that the recent declson Of the Supreme Court Of the
United States declaring tie stocks and securities q
the United States exempt from taxation whene'er
couttItutin. INC whole or part Of the capital stock
Of any hioSsyei corporation, operates tcIiously 10
darr,asa The toui,es OF revenue, aud 70 thro" an
additional and nniust burden mon We bAiGNCo 2,
pfo, erty liable 10 tsxs'."".' WYNN mo tity anu
County Of New Yo.k.
T. nj the ssid dccision cannot fail to induce cor
Ioration within the state 10 invest a. far 90 prno
teabe their capital in .pecies OF security protected
from taxation, and eventually their entire capital
will lie absorbed in such now taxable securities
Under ia conviction the Supervisors ark that laws
may be passed fixing snd regulating the taxation OF
money ed institutions chartered under the laws oil this
State, or P,oyid,nS that the stock thereof nay be
made taxable IL the hands ofindivIdna holders.
BASTvRs ASH BRoKfRs,
/ Mr. WOODRUFF introduced bill lncorpOrat-
! ing Edward b. Wesley, A.. {. Bush, A. O.. jerome
Geo. 1. Osgood 4. L. Durnnt, Leonard w. Jerome.
| Lew. Cress T.. A. Corey Richard bchell, Iemuel
W. Morse, John Thomvs6n, Fred =. Jame,, Henry
Fix, John Maxwell. Howard Larsiey, Chas. w.
Durant, Geo. w Mclean, X. w. Miilbank, Henry
Keep, David Smith, Joan NJ. Tobin, aud their sue
cerscrs, nnder the title OF The New-iork Bankers
I IN.i air
real estate shall not exceed in value sl,WO,OOo;
their Lusine shsll be confined TO the buying AID
selling of stocks, bonds anu other negotiable securi
tee aud oil purchases aud sales shall be conducted
ia public manner and open TO the admission OF all
persons such rules and regulations TO order
and decorum ar raid Corporation may provide pro-
ylded always that any contract for the purchase or
sale Of srocks bonds and negotiable securities made
at any Board OF brokers within this state, not open
10 the public as aforesaid snail be null aud void
Tie act TO take effect on the lat of May, 1863.
! A bUILDISG FOR The FIRST DIVISION OF n. y. S.
MILITIA.
Nr. Connolly introduced bill directing the Board
of Supervisors TO raise by tax 200 annually, to
do fray the expenses Of Division Board OF Officers
for the Ist Division, raid Board to consist Of the
Comnnpdant Of the division and Commandments Of
brcades and regiments who shal control snch bnild-
ing, and have power to employ Janitor and Secre-
taIy. Adjourned.
ASSEMBLY.
Mr. \. SMITH introduced bill incorporating The
Neptune Steamship Company.
! Tie epacting clause Of the bill repeating the law
exempting clergymen from taxation was strickep
out. Recess.
EVENING SESSION.
Tie Grinding Committee reported complete the
following bills: Amending the pilotage laws OF
New-York harbor, incorporating the fremont Fire
/ ID apartment OF " estehester County.
! On motion of Mr.. DEAN, $4,000 was appropriated
TO the Blind Mechanics Association Of New ork.
| SNIIII hu unnnInnna cnnleut iuirn-