The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-18

4 tile UGTIOu vi tulGC lCdio iiohh sAs~
the passage OF this act for higher rate OF
interest not exceeding the rate OF ten per
cent. per annum for the loan or forbear-
ance of money shall be valid for the time
stipulated in such contract.
This act shall be in force from Its pas
sage.
Mr.. Coleman moved that the bill be laid
upon the table aud printed.
The motion was opposed by Mr.. Robin
son, who favored immediate action.
Mr.. Lee hoped the bill would not be
pressed to-day. He had in his possession
| a volume showing that all English laws on
the subject of usury had been repealed.
| If the Senate would wait until tomorrow,
he would endeavor to have an extract
from the book published for the informa-
ton of Senators.
Mr.. Coleman withdrew his motion.
Mr.. McRae offered the following amend
ment to the bill, which was adopted
"Such written contract shall be deemed
properly executed if the rate hereby al
lowed is expressed upon the face OF any
note, bond, or other obligation in writing
executed by the promisor or obligor for
the payment of money"
Mr.. Strother moved to amend by striking
out the words "during the period of three
years from the date Of the passage of this
act" He was opposed to any feature
limiting the operation of the bill.
The amendment was adopted.
Mr.. Peck moved to amend by striking
out the word "ten," and inserting the
word eight" as the rate of interest to be
allowed.
The yeas and nays were called upon this
amendment, and resulted as follows:
YgAs-Messrs. Alexander. Below, Carter,
| Coleman, Crockett, Davis, Gray, Mitchell,
Peck, Powell, Power, Richmond, Taliaferro,
Trout, Washngton-l5.
nah, Keen, Kello, Lawson, Lee, McRea, Mil
Ter, Guild, Robinson, Saunders, Strother-A.
Mr.. Coleman renewed his motion to lay
on the table and print. Lost.
Mr.. Dulaney, who was absent when the
roll was called, asked leave to have his
name recorded, which was granted, and he
voted in the negative. So Mr.. Peck's
amendment was rejected.
Mr.. Lee offered a substitute for the bill,
but withdrew it.
Mr.. Lawson offered the following amend
ment as proviso but withdrew it: " Pro-
vided, however, that any contract now in
existence, and renewed, charging greater
rate of interest than six per cent, shall be
void"
Mr.. Keen called the previous question.
Mr.. Peck moved an adjournment, and
upon this motion Mr.. Keen called for the
yeas and nays, which were ordered, and
the Senate refused to adjourn by vote OF
twenty-One nays TO nine yeas.
Mr., Keen renewed his call for the pre-
vious question, which was sustained, and
the bill was ordered to its engrossment and
third reading, by the following vote:
YgAs.-Messrs. Below, Boiling, Cabell, Du-
laney, Gait, Gray, Hannah, Keen, kello
Lawson, Lee, McRae, Miller, Ould, Robin
son, Saunders, Strothor-l7.
| Massachusetts. Alexander, Carter, Cole
man. Crockett, Davis, Mitchell, Peck, Powell
Power, Richmond, Taliaferro, Trout, Wash
ington-lS.
Mr.. Robinson then moved suspension
of the rules with view to putting the bill
upon its passage to-day, and on this mo
ton he called for the yeas and nays, which
were ordered, and the vote resulted as fol
lows:
YEAs.-Bolling, Cabell Dulany, Gray Han
nah. Keen, Kello, Lawson, Lee, McRae, Mil
Ter. Ould, Richmond, Robinson, Saunders, Sr.
Suother, Trout-l7.
NAYs.-Alexander, Below, Carter, Coleman
Crockett Davis Gait Mitchell, Peck, Powell
Power, Taliaferro, Washington-l3.
As it required a two-thirds vote to sus
pend the rules for the purpose of putting
the bill upom its passage, the motion wa
lost, and it will come up in its regular
order to-day.
REVENUE OF CCLPEPER.
Mr.. Strother, by leave, introduced bill
to extend the time for paying into TIT
treasury the revenue of Culpeper county
which was referred.
On motion, the Senate then adjourned
HOUSE OF DELEGATES.
Committees made reports, including
number of bills, which were passed to The
calendar.
BILLS PASSED.
The bill incorporating the Virginia Elk
press Company, returned from the Senate
with amendments, was taken up, and all TIT
amendments save one were concurred In
That amendment was one which subjected
any railroad entering into contract will
the express company to the general rail
road law Of 1860 in respect to tariffs o
tolls.
Mr.. Turner, of Rappahannock, moved
to amend the amendment by an additions
clause, subiccting such railroad to the pro
visions of all other general laws on TIT
subject of railroads.
This amendment was concurred IN, ant
the amendment, as amended, was agreed
TO. The bill was ordered to be sent bacl
p to the Senate. THE Senate promptly con
Cured in this amendment to their amend
ment, and the bill became law.l
The following engrossed bills were reat
q third time and passed:
4 bill for the relief Of John Hill DIgges
sheriff Of Mathews county.
A bill repeating the act entitled ian &C
to provide for opening and keeping II
repair the public roads in the county o
Rockbridge," passed January Is, 1887.
A bill establishing a part of Hollada.
creek lawful fence.
A bill authorizing certain commissioners
= to sell certain lot of land in Wincheste
belonging to the Winchester Academy.
A bill to incorporate the Arlington Mu
tual Life Insurance Company.
A bill to incorporate the Farmers ant
Merchants Bank at Charlottesville.
A bill amending and reenacting 2Sth sec
ton of chapter 50 of the Code OF 1860, i
relation to fines for failing to work on publi
roads. [Giving any county court authorlt:
to increase the fine from IS cents to l.5V
should it deem proper to do so.l
A bill to amend chapter 65 of Code, il
relation to interpretations by the circul
court and
A bill to amend and reGnact the 9tl
| .a..;ox sc m oot apfiflpl sc an act to sta