Daily union and American. [volume] (Nashville, Tenn.) 1865-1866, 1866-01-31

JaxuAny 80. 1.-The following Senate bills were
pssscd on third residing:
70 snend the several acts Incorporating the
20 incorporate the South Fork Navigation Com
q e increase the capital stock 81 the Nashville
Te revive the ehartsr Of the Southwestern Rail
To Incorporate the Nashville and Edgefeld
Street Railroad Company.
10 appoint fiscal agencies for the State Of Ten
In the evening there was No session for want of
In the House. the following. interesting cores
| pondence was submitted by Mr.. Hood from the
DON'T Select Committee OF the Bank Of Ten
nessee:
| NASHVILLE. January 26. 1S66.-Mr Joseph w.
Allen and Henry L. Claiborne. Esqs. Gents
have the honor 70 request that you viii give cor
circulation Of the Bank Of Tennessee designating
how much Of il has been issued since the 9th Of
May. 1851 Of its capital stock ard Of what it con
slsts. and also what amounts were paid into the
State Treasury as profits Of the Bank.
make this request at the instance Of the Hon.
Samuel J. Carter, mepber of the Committee on
J. R. HooD,
Chairman Committee on Banks.
NAsHyIILE, JAN 90 ls66-aHon. 7. X, Hood
Chairman of Committee on Banks-Dear Sir: On
the receipt of your note Of yesterday we exam
ined some Of the books of the Bank Of TENNESSEE
and find that the circulation issued since the 9Th
May, 1861, cunts to Sits, S37, Zone million
seven hundred and seventy eight thousand eight
hundred and thirty seven dollars and that the
whole amount Of outstanding circulation linclu-
ding the above) is $47I0.566, -four million seven
hundred and ten thousand six hundred and sixty
six dollars.) From this amount must be deducted
me notes on hand az the parent bank and ali the
the last statement of ssch branch. The five hum
bred and thousand dollar post notes, issued since
the 9th May, 1861. amount TO $466 900 -four hum
Ofed and Tlxty-Sx flnupaud d0llarz4 This
amount is included In the issue since 9Th May,
1861, stated above.
The capital stock amounts TO $3679, 06S 3d.
three million six hundred and seyenty-nine
thousand and sixty eight dollars and thirty-three
cents) end consists Of the following items, viz:
State bonds issued OF the time the
Bank was chartered. 81 600, 900 90
Fteeeeis Of sale of stock in the Union
Bank. Col 494 90
Proceeds Of sale Of stock in the Plant
en' 2s270O 90
Surplus revenue of the United States, 932,S79 10
School fund S2l5.d4I 81
OcOee hand sales.--..-....-.. 576,536 81
cclaaso si sshool FUND a5.ssl Is s4sss5 IL
s.67soes 50
One ofthe General Ledeers Of the Bank be-
ing misplaced. we have not been abb to ascertain
the precise amount of profits Of the Bank paid in
1850 requiring the Bank 10 pay its profits into
the Treasury. Tbs books of the Treasury should |
show this. We find, however, that the Hon. |
port To the Legislature in 1859, states that THE
Bank paid into the State Treasury $3.50 600 (eight
hundred and fifty thousand dollars between the |
LIST of January, 1851, and the LIST Of July, 1852"
The Ledger shows that during the year 1858 the |
Bank bought and cancelled State bonds amount |
ing to Sl$5 900 tone hundred and forty-three thou
dred and ninety-eight sthousand dollars con-
tributed to the State in two years and six months.
a fraction. oyer ten per cent. per ,annum on its
into the State Treasury $4,000 and that previous
thereto $l75,788 81 of the profits reserved to
cover bad and doubtful debts. The whole amount
Of notes now in circulation which were issued
prior to the 9th Of May 1861, being 81 S29 1.-TWO
millions niue humid Il and tbirty-one thousand
eight hundred and twenty nine dollars is
$47 259 30 less than the capital ofthe Bank, while
the whole amount Of notes in circulation, issued
before and since the 9th u May. 1851, is 81 DBL,
597 81 more than She capital. We will cheerfully
give your committee any further aid in this in
Respectfully,
Jos, w. ALLEN.
IL. q. CLAIBORNE.
The, following new bills we're introduced and
passed ON first reading:
Torepeal sections 1860 and 1852 of the Code.
To amend the Chaneery practice in the State.
10 amend the criminal laws of the State.
Toprgtect the interests Of suitcrs in the Courts
of the State. ft., 49, kse4
To regulate certain elections.
That section 4677 of the Code be 30 amended as
to make grand larceny felonious taking and car
value of .S25; and petit larceny Of goods not ex-
eeeding $25 in value, and for other purposes.
10 extend the Penitentiary of the State.
The consideration of the franchise bill was made
the special order for tomorrow at 10 O'clock.
A petition was presented from citizens of Da-
wilson county, living in the Hermitage district,
praying that some arrangement be made in the
disposition of the Hermitage property. 80 as to
have some reasonable provision made for Mrs.
Jackson; who is represented without means.
The following bills were passed on third read.
10 incorporate the Unionvillc Male Academy