Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1867-01-08
ut.SERAL AsSEMgLsJF virginia

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SENATE.
FRIDAY, Jan. 4, 1867.
The Senate assembled at y o'clock NJ. Senator
Trout in the chair
CHURCH PROPERTY.
House bill No. ~ entitled tan act to amend CHIP.
II o. tho Code in relation Ia church property was
road twice ind referred to the Committee for Courts
OF Justice.
CORPORATE LIMITS OF DANVILLE.
House bill No. as, amending and re-euactng the
Sd section of an uct passed December 18th, 1865,
amending the charter Of the town Of Danvile, WINS
twice road and referred to the Committee on Gene-
rtl Laws.
CHEAT DISMAL SWAMP PEAT, LAND AND LUMBER
COMPANY.
House bill No. AZ to Incorporate the Great Dis
nal Swamp Peat, Land aud Lumber Company was
read twice and referred to the Committee on Gene
ru Laws.
TO DISTRIBUTE THE SESSION ACTS.
House bill No. 40, authorizing tho Secretary of
the Commonwealth to distribute session acts, Sc,
in certain cases, was read twice and referred To tho
Committee on General Laws.
RESOLUTIONS.
By Senator Meado-Thnt the Committee on FL
nance DO instructed to inquire into the expediency
Of extending the time for tho payment of the rev
cnuc by the sherifls Of tho respective counties 10
the lat Of May next, or such othnr time IN they
may consider best, and report by bill or otherwise
| ['rhis was accompanied by u memorial from
Samuel Trenary Sheriff Of Frederick county, pray
lug an extension of time for the payment OF taxes
/ ,;,,r from that county.
/ Hv Senator Cubell-- Whereas, many Of the coltn-
v roads Of the State arc believed to be not il the
condition which tho public Interests require, be II
resolved that tho Committee on General Laws b'
| Instructed to inquire into the oxpediency of M
amending the 9th and 18th SECTIONS of chapter ~
o the Code of Virginia of 1850, tu batter secure
III. working and repair Of county roads, and ro-
| ,olt by bill or otherwise.
| Ey ihs samo-That tho Committee Of General
Laws be instructed to inquire into tho expedioncy
e constituting the Jnrnes River and kanawhA
rurul lawful fence in thu counties through which
L extends ard report thereon 10y Oil or otherwise
| Bv Senator CroGkott-That the Committee fui
Courts Of Juatice DO instructed 10 inquire into tn,
cxpedency Of amending the law in relation to ap.
prentires, 10 20 make their recovery more GER
lain and efficient when induced to leave their pro-
per homes.
| Bv Senator Lew hereaa, the evil Of horse
stealing exists and is the increase in some rec
tions Of The Statp and it il incumbent on this Gen
crnl Assembly ~ adopt some system more ehhctn
ally To protect tho citizons from such annoyanccs
therefore resolved, that the Committee for Court
Of Justice be instructed to inquire into the eAped
cncy of empowering the county courts to appoint {
special police, and provide by tax lowed on thu
propsrs holders Of their respective counties 10
paying the expense of said police, and report BY
Till or otherwise.
SENATOR MEADE AND THE Usrhy LAVE.
Senator Meade asked leave 10 make persona
, explanation, which being granted, he said
Mr.. Presidential was with much regret that
found, during my necessary absence for few days
lust before the adjournment for christina, that tn
Senate had taken up and passed bill extending
the legal rate Of interest by contract ~ ton per cen
! Sir, know Of no measure fraught With more mis-
chief to our people. 1t ia not my purpose TO abus
, ruur patience by any extended REMARKS but wou
say 10 Senators that neither ten, fifteen tweDt
, Der cent. will he sufficient uduceinent 10 Grini
money into our State, until relieved from the pro
sent uncertain, undetincd position We occupy to
wards the Federal Government. Sir, this Is tn
: weight that Lears US down. You may repeal al
laws upon the subject OF usury; you may, If yo'
: will make fifty per cent. tho legal rate q
I interest, but that will attract no money here I'M
Ill public confidence is restored. IL want Of con
;idcnce in the security not the per centage, that
our trouble, and in this Wow of the subject hav
the concurrence Of many Of the ab!est financial an
largest capitalists in Baltimore. But, Sir, wha
will be the effect of this bill, should it unfortunate
" become law Whilst il will not draw one dol
, lar from abroad, it will at put up the rate
interest at home nearly double, enabling tho fortu
nate amongst still further to increase the bur
des Of the necessitouc. Not dollar will your bank
discount without the increased rate. Senators, ar
your people prepared for this?
Mr. President ! was struck with the fact i
j noticing the action of the Senate upon thi
BILL that the very same Senators who plead tor tn
extension of time for the payment Of the little pit
lance ut six per cent, hecauso OF the poverty
their people, aud their inability TO puy six per cent
were tho advocates Of this measure, ana claInorou
for the privilege OF paying what price they please
IL order to borrow money. Now, sir, the effect {
this wilt ba 10 enable parties who hold their pro-
i persy through generous Rtay-law--whch to-da
D would not pay tho honest debts-to mortgage il a
= unheard Of mtcs opecuTe ready money they coul
afford 10 pay twenttvc cent, for all they ~
I is so much gained. Sir, do not intend any reaec
= tou upon our noble, eallIat people. God knows
love, honor and respect them as the noblest pcopl
on earth but that there are too many amonss
them who would avail themselves of and thus nbus
! the privilege, is too true. l ask, Mr.. President
that it may DO entered upon the journal, TINT,
present, would have protested against the passag
Of a law 50 pregnant with unmixed evil
RELIEF OF SAMUEL H. ALLBAUGH.
Senator Gray BIZ leave, presented bill for tn
relief Of Samuel Il. Allhaush, sheriff of Rocking
> ham county, which, with m accompanying memo
rial from the said Samuel R. Allbaugh, was reterr
ed to tho Committee on Finance
. SOUTHERN INSURANCE COMPANY.
Senator Taliaferro presented memorial of th
Southern Insurance Company, that IL may be ex
cepted from the provisions of the act 20 require
deposite Of securities to be made BY foreign insur
nnce companies doing business in this State, whic
, was referred to the Committee on General Laws.
RELIEF OF JOHN C. KAsEY.
Senator Mitchell presented memorial Of J0hl
g. Kasey, sheriff Of Bedford county, praying a,
extension Of the time for tho payment of the leve
nue. Of that county into tho State treasury, which
was referred TO tho Committee on Finance
STATE BoNDs AND STOCKS.
Senator Guild offered tho following joint resolu
ton, and upon his motion the rules were suspend
ed the resolution passed and forthwith comInuni
Gated to the House of Delegates:
Resolved, by the General Assembly, That the Gov
e,I,r Of the Commonwealth ascerain as early ~ prac
tcahle, what amount II nuy Of the bonds Of the Stat
Of Virginia 10 exchanged for the stocks and bonds
railroad companies held and owned by the State an
upon what such exchange be effected, and re
port the result to the General Assembly.
RocKpR1poE MINING COMPANY.
Senator Cabell, by leave presented bill to in
corporate the Rockbridge Mining Company, which
was referred to the Committee on General Laws.
HOMESTEAD BILL.
Senator Ould, By leave, introduced bill to e1.
empt the homesteads Of families, which was refer.
| red to the Committee on General Laws.
THE bill proposes to exempt from execution fol-
debt homestead Of not more than one hundred
and sixty acres in area, more than fifteen hun.
W