The weekly North-Carolina standard. [volume] (Raleigh, N.C.) 186?-1869, 1868-08-19

Mr.. Latin called up the bill amending. the /
charter OF the Western N. C. Railroad Company. /
Mr.. Latin told the benefits that would result
to the Eastern and Western parts of the State by !
the building of this road. Western North Caro-
lima was rich in agricultural products, such as |
hay, Irish potatoes, corn, wheat, &C. The East
ern part OF the State needed hay, and had been in
the habit Of purchasing supplies OF this article |
from the North. The opening of this road would |
enable the West tosupply the, East with hay and |
other articles, as well as serve to develope the
rich mineral resources ofthat portion of the State.
The reasons given by him Tor the completion of
the Chatham Railroad held with double force in
regard to this road. He. therefore, hoped that
the bill would pc adopted.
Mr.. Gambler expressed himself as highly graft
fed TO see the disposition manifested by the East
to assist the West in the way of internal improve
ments. Previous to the war, members from the
two sections had fought each other ON all ques-
tlons of this character. From what he had eb
served to-day, that spirit had passed away The !.
West was the country for raising hay, also for
stock, butter, cheese, apples, and, in fact, most
every thing that would conduce to the happiness
and comfort OF man. He gave description of
the route of the road and its branches, and said
as it now stood, it was an expense to the State;
but would yield handsome dividend when COM
pleted. 1t was then in the interest of the State
to make appropriations, to have the road COM
pleted in order 10 make it paying investment,
and also 10 give employment to a large number
of idle labOrers iF IliJi s -.s... "a .-...4
Mr.. Vest made remarks in favor of the bill.
The proposed Road would open the most direct
route to the Pacific Railroad, running from ST.
Louis to California Emigrauts, instead of 60
ing over otter routes, would travel over this
Road, and thereby swell the revenues of the State,
and also save money to the traveller. a..r
su| Mr.. Downing said he favored extending aid to
the Road, but would prefer to do so by lOaning
to the company the bonds of the State, taking in
exchange the bonds of the company, and securing
fhaS Sf,taf l,e, h,,
erty of the Road loi5 s.. n 76' +.
Mr.. Latin said the State and individuals were
both interested in this Road. Years before the
war the State had issued charter to run this
Road from Salisbury to the Tennessee line, and
induced by its pledges subscription of two mill
ions OF dollars from individuals. He believed
that it would not now be right for the State to
discontinue the vested powers in this Road, after
inducing individuals to invest SO largely in its
stock.
Mr.. Downing then Withdrew his objection, and
the bill passed its second reading. Yeas g.;
| nays l. d
Mr.. Latin called up bill to amend the charter
of the WILLIAMSON and Tarboro Railroad Com
pany. .i
Tie bill passed its second reading. Yeas 81;
nays 3. -...... $1,000 - 4,
Mr. Latin called up bill to amend the Western
Railroad Company.
| The bill passed its second reading, and Mr..
| Latin moved to suspend the rules for the pur-
| pose of placing it on its third reading. Car
ried. i.i'.-. ~. .t..... ...# ....-t.s.t N
| Mr. Lesry said that the Legislature, in 1855
! had loaned to this road 100000, and in 1851
S2O0, 600 more-in all the sum of $500, 900. In
| 1866 the Legislature directed the Public Treasu
| rer to subscribe to the capital stock 5000 900
giving to the company the bonds Of the road helo
by the State in payment of the subscription, re
leasing all claims held by the State upon the
road, by mortgage or otherwise; and also gave
to the stockholders the management of the road
| From 1858 to 1866, the interest due from tht
company to the State was 1925 ,0G0. The compa
ny insist that by the act OF 1866 they were re
| leased from oil claims held against them by thu
State, and. having control of the road, they dc
not ask to have their charter amended. He die
not think the company would accept the amend
ment, if adopted He understood that amend
ment 10 give the State all control of the road
and he had made these explanatory remarks 81
that the nature OF the proposition might be un
derstoOd. .a.t m - Ley ...-- -..-.-' .
The bill then passed its third reading, and wa.
ordered to be engrossed and sent to the Senate
Mr.. Latin, from the committee on Interna
improvements to whom was referred the petition
OF sundry citizens of Perquimans county, prayin.
aid for the removal OF distractions in heaa
waters of Perquimans river, reported bill
which provides for making an apprO .,riation o
81 900 for the object asked for. Laid over.
By Mr.. Harris: bill to incorporate thu
North Carolina Iron and Steel Rail Compan.
Passed its several readings under suspension
of the rules, and was ordered to be engrosset
and sent to the Senate. -rAE
By Mr.. Vest: resolution providing that til
State shall sell all her interests in existing Rail
roads, and assist in the building OF new ones
Referred to committee on Internal Improve
ments. af H..'1 r5e -
I'd By Mr.. Seymour: bill prepared by the Cod
Commission, being the concluding portion q
the code OF practice and proceedings in civi
action for the courts of this State.
The rules were suspended and the bill adopted
Mr.. Seymour, from the judiciary committee
reported back the bill concerning the govern
ment OF counties, with an amendment. Til
amendment provides that the townships shall q
present occupy the limits of the old election pre-
cincts. 'H IHf ..'u4 rii s'
The rules were suspended, and the bill pm
upon its passage. 4i .4r
The amendment was agreed to, and the bill a
amended passed its several readings, and wa
ordered to be engrossed and sent to the Senate
By Mr. Whitley: A bill authorizing the publ
treasurer to issue now bonds for old ones. RI
tered to the committee on Finance.
On motion of Mr. Justice, of Rutherford, th
bill to prevent bribery and coercion in election:
was made the special order for 101l o'clock tt
morrow.
By Mr. Rea: bill in relation to crimes an
outrages perpetrated under the sanction of tf
pretended authorities during the rebellion H
ferred to the Judiciary Committee.
Received message from the Senate informin
the House OF the concur ence by that body in til
bill in relation to jurors. The bill was ordere
to be enrolled for signature -,
communication was read from the COD
Commission, presenting the concluding porto
of the code of civil procedure for the consider
tion of the General Assembly.
The House then adjourned.