The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1865-12-19

be, and Is hereby authorized to issue
to the Western n G. Railroad Compaay, one
million of dollars 10 bonds, under the same rules
and regulations as provided in the bill" Not
adopted
The bill was further amended on motion Of
Mr. Smith of HEREFORD. By striking out all after
the word prescribed" in the 1lth line of the
LIST section, and inserting instead the following
proviso:
crowded that the Public Treasurer shall
apply the coupons due on bonds of the. said
Wilmington, Charlotte and Rutherford Railroad
Company, held by the State, 10 payment OF
coupons due on such bonds of the State as may
be surrendered for exchange, under the provi-
sions Of this act"
The question recurring op the passage of the
bill on its second reading, the yeas and nays
were ordered aud resulted as follows: Yeas "a,
Nays 81 The Speaker voted in the affirmative,
so the bill passed its I'd reading.
MIR Waugh from the committee appointed to
wait 90 the Governor elect, and ascertain at
what time before the recess of the Assembly he
would appear before the two Houses and take
the oath of Office, reported that they bad dis.
charged that duty, and that the Governor elect
had designated the hour of coon on Friday.
Wednesday, Dee. ID.
SRNATE.-Mr Jones of Columbus introduced
the following resolution which was ordered to be
printed and referred to the committee on Rail
roads:
Resolved, That the Public Treasurer be and
be is hereby authorized to sell all of the stocks
or interests owned by the State of North Caro-
lima, in any and every corporation. Provided,
hoperer, That said sales shall not be made at a
price less than the par value Of said stocks or
interests
Mr. Covington introduced a resolution, which
was adopted, instructing the judiciary commit
tee to take into consideration the formation OF a
law, having for its object the protection and care
Of debtors, and prevent their property from sac
rifce, and at the same time to give protection to
creditors.
The House transmitted the following resolu-
ton and asked the concurrence Of the Senate,
viz:
Resolved, That in the event OF any contract
having been entered into by any Railroad Com
pany in this State, With any person or company,
whereby preferences, or exclusive rights OF trans
portaton, either in priority Or arrangements, is
given to such person or company, the Attorney
General of the State is hereby instructed to in
.sttute proceedings against such Railroad Com
'pany for forfeiture Of its charter.
The resolution passed the second and third
readings and ordered to be enrolled,
MIR Hall introduced the following resolution,
viz
Rcso7ved, That select committee of three be
appointed, whose duty it shall be to prepare aud
repJr: bill to the next meeting of this General
Assembly, best calculated to promote aud en-
courage emigration to this State, to prevent
fraud and imposition on the emi grant; to ensure
the performance Of contracts between the con-
tractor aud such emisrant: and all such other
matters as may be connected with the subject
The resolution was adopted.
A bill to carry into effect an ordinance of the
Convention, in regard to the election of clerks
and sherffs, passed its third reading and ordered
to be engIosscd,
HousE.-Mr jenkins of Warren, from the
JOINT committee on Railroads submitted the fol-
lowing report:
The Joint Committee OF. Railroads to which
was referred resolution Of inquiry as to GER
tain contracts which had been or were about to
be entered into between certain Railroads 10
this State, and Adams & Company's Express
Company, were to be granted to said Express
Company, have had the same under considera-
ton and beg leave to submit tie following re-
port Your committee, anxious to ascertain all
the facts concerning said contracts, as we'll as
other matters of public interest in connection
with the Railroads of the State, gave notice to
the respective Presidents and Superintendents
Of tho several Roads in the State, to meet them
in the City Of Raleigh on Tuesday evening, the
18th inst, but your committee regrets to say
that but two Of the Presidents were present,
thus thwsrting the object of the committee. Ii
is but due to say that some of them were pre-
vented from attendance by sickness or other un-
avoidable cause. Your committee are there
fore unable to say with certainty, what are the
precise terms of the contracts alluded to, but
from the evidence before the committee, they
are Of opinion that certain contracts. have been
entered upon, or are about to be, between GER
tain Railroads 10 this State, and Adams & Com
Express Company, whereby the said Express
Company is to have exclusive privileges and
preferments in the transportation Of all Elk press
freight over said roads, thus creating monopo-
ly. Your committee entertaining the opinion
that all such contracts are not only injurious to
the public interest, but gross violation of the
charters Of said Roads, would respectfully re-
commend the adoption Of the following resolu-
ton:
Resol0ed, That in the event of any contract
having been entered into by any Railroad Com
pany in this State, with any person or company,
whereby preferences or exclusive rights of trans
portation, either in priority or arrangement is
given to such person or company, the Attorney
General Of the State is hereby instructed to in
stitute proceedings Immediately against said
Railroad Company for a forfeiture of it's charter
Mr jenkins urged the adoption of the reso-
luton In the course Of his remarks, Mr. j
stated that thsrc was evidence before the com.
mittee that the Wilmington and Weldon Rail-
road Company, in consideration of a loan of
$500 900, had entered into contract giving the
Adams Express Company the exclusive right Of