The weekly North-Carolina standard. [volume] (Raleigh, N.C.) 186?-1869, 1868-12-16
STATE LEGISLATURE
ANNUAL SESSION, 1868 es.
!lRenortdd Specially fol the sqkNpARpl

IHuiusDAf, ItS. W. 'IV''.
The Senate met according 10 adjournment.
Mr. WINsTEAD in the chair
The Journal of yesterday was read and
approved. 49,. -...-,,.....y Il To-
Mr. WELKEE introduced a bill to amend
:, ction II, Code Of Civil Procedure, relative
o holding Of Superior Courts. Referred to
Srecial Committee III.
On motion Of Mr. BARROW, bill providing
for the registration of votes in special cleo
items, was taken up:
The bill passed its several readings, under
suspension of the raleS.
The Investigation Committee, consisting
Of Messrs Sweet, Robbins and Forkner, came
forward and were sworn in.
On motion OF Mr.. REsPAss, bill to lay of
and establish the county Of Dare, was taken
up. -... ...r s.r,..,
Mr.. REsPAss moved to amend the 18th
line, list section.
The amendment was adopted and the bill
as amended passed its final reading.
Mr.. Rich presented report of Committee
on Internal Improvements Recommending
the passage but to amend the charter of the
Atlantic, Tennessee & Ohiu Railroad
On motion of Mr.. SMITH the rules were
suspended and the bill passed its second
| reading. j. -,. 81.
On motion of Mr.. MOORE of Yancey the
rules were suspended and bill Incorporating
the town of Marion in the county Of Nc
Dowel was taken up and passed its second
and third readings.
On motion of Mr.. LOVE the rules were
Suspended and resolution in favor of W. W.
81 %,l-u and ,,accn1 final
reading ,.......,.
On motion of Mr.. Cook, the rules were
suspended, and the bill in favor Of Peter
Massey and E. G. Hill was taken up and
passed third reading.
Bill to be entitled "An act amenlatory of
an act to incorporate the Western North
Carolina Railroad Company and acts amend
atory thereof" came up as unfinished lusi-
ness of yesterday. The question being on
the adoption of Mr. Robbins amendment to
the 9th section: "Prhyidel further, tina: no
other branch shall be begun or built until
the main track and the hrauch road to Paint
Rock shall he completed"
Mr.. REsPAss thought there was no ncces-
sity for this amendment. and hoped it would
not prevail.
Mr. ROBBINS defended .he amendment
lie thought there was nothing tn bind the
company in this bill tn finish even the main
track before building branches He had no
objection to branches being built. hut want
cd the main track finished through the noun
tains and the Paint Rock branch built be-
f:re any other branches were commenced
upon. If the amendment did no good, at
least ii did no harm and guarded against mis-
appropriation ofthe money granted the com
pany.
The amendment was adopted
Mr.. MooRE, of Cartcret, moved to recon
slider the vote whereby the 9th section was
stricken out. The motion prevailed.
Mr. Moore, of Carteret, moved to recon
slider the vote whereby the proviso offered
by Mr. Barrow was rejected The motion
prevailed.
Mr.. OSBORNE was perfectly willing that
the State should retain the power it already
had of voting upon one third of its repre-
sented stock, but the proposed pro rata
vote would give the State absolute control
over the road to the complete exclusion of
stockholders, and contrary to their chartered
rights. II the previso meant to secure to in
divieual stockholders the rights already
guaranteed them by the charter, he was in
favor Oft if the Senator from Northampton
would modify it somewhat, but if it meant
give to the State absolute control of the road
it was in contravention of the terms of the
charter 1850 H.G
Mr.. DAVIS thought that all stock, State
or individual, should be entitled to pro
rata representation. e.r.H.- .an'f-
MIR. BARROW had no design in the amend
70, ohriJ fl,o = ;.,1i III, l
stockholders, but to abridge an already ex
isting difficulty. There was misconstruc-
ton of the 41st section of the charter, which
this amendment would correct. The con-
struction placed upon this section by indi-
vidual Stockholders put the entire control
of the road into the hands of private stock
holders, to the exclusion of the State. We
could feed them with the same spoon with
which they had fed Us, and put the entire
control of the road into the hands Of the
State. This amendment would place the
41st section beyond dispute. 80, r-....-
Mr. OSBORNE said this amendment allow
ed individual stockholders no rights what
ever, and revolutionized the whole govern
ment of the road He considered that the
proposed amendment did not define any old
section, but was new section of ITSELF by
which the State took entire control of the
road and allowed private Stockholders no
rights whatever. He now Offered an amend
ment which he thought would secure to the
State the same rights in the Western divis-
ion as it now had in the Eastern division,
and thus have both divisions equally con-
trolled t, r.l. -.s.--
mr. OsBoRNEs amendment was rejected.
Mr.. BARRow's amendment was adopted
- The bill as amended passed by 80 yeas to
nays. t-. III ...-.s.. -
% Mr.. BELLAMY introduced u bill TO author
iZe the Commissioners of the town of Tar
boro' to grant the right of way to the VIII
liamston 81 Tarboro' Railroad. Passed first
reading and referred to the committee on
Corporations. i,ssfHt ......
Bill to be entitled "an act amendatory of
| the act to incorporate the Western North
Carolina Railroad and acts amendatory
thereof" came up for third reading.
MIR. SWEET had supported this bill last
session because he regarded it as the jugular
vein of the railroad system of the State, and
he had thought North Carolina too poor not
to build railroad which would dcvelope hel
resources and give wealth, but now here
came the road,-no. yet out of its swad
ding clothes, and which had never yet put
a spade in the ground with capital of S +,
1000, 900 asking for $G,000,000 more of which
fthe State was to subscribe 100000! HI
was opposed to this and thought it mucl
better plan to let the Company eXpend thu
money they had already have first and ther
call for another appropriation if needed
We should wait until we saw what WAS &C
complished with the money already granted
heiore giving further aid to this road.
would be adding too much to- the alread
heavy burden Of debt borne by the peopl
of this State. ~ 4.a1 .qA. 1853 -r--