The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-12-05
THE CONSTITUTIONAL CONVENTION.

Consideration OF tho Finance Report ReIat.
ing Assessment and TaxatlOn-The
Finance and Canal Reports Adopted.
ALBANY. Dec. 4. 1867.
Tho Constitutional Convention mot at ten O'Clock this
morning Several petitions presented and r..
ferred. II
Mr. BALLARD moved that tho use Of tho Assembly
Chamber b granted George Francis Train At four
o'clock this afternoon. The motion was adopted
TEE 1NAScEs--DEBArH TAxArA.
Tho Convention then proceeded to the consideration
Of that portion q tho report on the finances relating TO
assessment and taxation. The following section was
adopted by . vote OF rs TO TO-
Taxation upon personal properly in this
s , no Ss ns Ss h
every person. association corporation IN this state
s.sso o.
under shs control Of such association Or cor
Mr. BARro moved to reconsider Notion laid on the
NJ orpyxr moved to amend The above section As fol-
AFTER deducng therefrom any debts due or 10
become due from such persons"
M. N. J. TOWNSEND moved 70 further amend BY add
Ing the following
Of such debts and the associa
ons Sr e whom such debts are
amount OF such debs shall against persons.
o.iss sas he Ess:Ias .s. power pas. Al
ny consent. Mr.. opdyke permitted TO modify his
amendment ~ foliows:-
Legislature shall allow abatement from the taIable
81 w but sesSf .m % u
apply TO real and personal estate alike.
Mr. NJ j. Tow nssnds amendment lost
Mr.. VAN Corr offered tho following substitute:--
Taxation rea and personal property shall be equal and
uniform e ,s, stain 'wosn :s,smsn. .h. 90 aey
who own. eosss:s hold such properly, speclyng the
%ssS fs,s s. specified ssS Ss s.ss % Il
pro- 9. ssssf
sasmpss. :. may be Be psscrsss ~ .% 70 '''A
Mr.. HALE moved the following substitute for Mr..
Opdyks's smendment:-- "Afer making such deductions
for Indebtedness be authorized by law"
lengthy debate followed the general questions Of
debt and taxation, after which NJ Haies substitute
Tho question was thsn taken on Mr.. opdykes amond-
msn and wa sdo los: ~ vote o. % %
substitute BY providing for the appointment q three
State assessors BY the Governor and senate whose duty
IL shall cqualiss the valuation OF
the real estate IN tho respective counties and 10 hear
ana determine appeals from the Boards OF County As
SCISSORS regulations The Legislature shall
from 10 time prescribe; and further providing for
general system Of assessment through ths appoint
ment OF deputies In tho several countless Lost.
Mr. BARro moved TO amend Mr. Van Cous amend.
mont by adding tho following :"And no propcry shall
be exempt from TAXATION the ground OF the profess
sion calling OF the owner thereof" Lost.
The question then taken tho substitute offered
by Mr. Van coit, and u was earned BY 90 10 90
Mr. SYLVESTER moved to reconsider, and the motion
was laid on tho table,
Nj BcxyoRp moved 70 amend tina, provision shall
be made BY law for tho assss.men It's real value Of
all property In this state hannts, whether
exempted IRON taxation not. Lost.
Mr. BAnro offered the following q new section,
which was lost: -
This principal and interest Of the general fund debt and
as s SsS.
b. paid In coin.
Mr. AspREws moved amendment providing for the
extension OF the time OF the psymeni OF the state
bounty debt 10 eighteen years. instead Of nine years.
Adopted.
the appointment OF . commission Of three persons to
prepare system Of ialstcn which snaI be Just and
ca uai tor the consideration OF the Legislature Lost
several otnor amendments were offered and voted
down, whom the Convention took recess until seven
o'clock TINS evening
Evenins session.
ADOPTION oy THE ARTIcLs o. vrstScE
Mr.. ALyosD moved 70 reconsider tho vote by which
tho amendment Of Mr. Church adopted, prohibiting
the giving the credit or the money OF the State for
purpose Whatever except for chsres aud IN such
The OF two-thirds Of all the members elected 10
each House shall be required
Mr.. g @ DwIcsr moved ths previous question, and u
ordered.
Tbs motion 70 reconsider wss iost--3s 10 %
The article on finance was then adopted and the
report Of ths committee ibis subject disposed Of
The report Of the mlsss q Canals then taken
On motion Of Mr.. cocnslx the section creating the
once Of Auditor Of the Canal Department Vas stricken
NJ TlrrAs moved 20 amend 20 that the supsrnsers-
sus of Public works shall Be- elected By shs psoIis
NJ csxsrposo moved 10 strike cut the section cfsa
ting . superin.endsst OF Puzzle works. Lost
the article lands was adopted and tho report Of Tho
committee the subject diaposed Of.
rio Cenvsnsion then adjourned