The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-02-01
~; aaioGsfsd & "a, q noes. is. It IS

then adopted. Ayes, s. noes, 10. II IS
: 60 AaTrcLn XII. The State shall not
subscribe to, Of become Interested ID, Tue
stock Of any company, associaton' OF CUT
poratior."
Mr. OwBs offered tie following as the
thirteenth article: -
aThe General Assembly may at any
time direct the sale of the stocks held Dy
the Commonwealth in internal improve
ments and other companies located Within
the limits of this Commonwealth but the
proceeds of such sales, if made before the
payment of the public debt shall De ap'
propriated to the payment thereof.
LAID over until the reporto of the Com,
mittee on Internal Improvements snouio
make its report. -, :.
The following articles were adopted as
THE thirteenth, fourteenth, fifteenth, ano
sc ARTICLE 1III.-The State shall not
be party to, or become interested IN any
| work of internal Improvement, nor engage
| in CARRYING on any such work; otherwise
than in the expenditure of grants 10 tne
State of land, or other. property. :.
| "ART1cLE XIV.-Every law winch im-
poses, continues, or reyiyes tax, shalt dis
| tinctly state the tax, and the OBJECT 10
! which it is to be applied and it snal not
be sufficient to refer to any otner la" "
fix such tax or object.
/" ARTICLE XV.-The State shall not
assume any Indebtedness OF q county,
borough, OF city, nor lend its credit 10 Inc
same.
"ARr1cLE XVI.-A full account of the
State indebtedness and an accurate state
ment of receipts and expenditures of the
| public money shall be attached to ana
published with its laws, passed at every
regular session of the General Assembly"
Mr.. SNEAD offered the following as an
additional section:
"The. General Assembly shall have
power by law for adjusting with the State
of West Virginia the proportion OF tne
| public debt of Virginia proper to be borne
by the States of Virginia and of West Viz
GINA, and shall provide that such st1fns as
may be received from West Virginia shall
.. be applied to the payment Of the public
debt of Virginia" ).
This was adopted.
MIR. WALTON offered the following, to
come in between the ninth and tenth
| articles 49,.
"On the passage of every act which i'm
poses or tevises any appropriation of public
or trust money in property or releases
discharges, or commutes any claims or de-
.mand of the State, the vote shall be de-
termined by ayes and noes, dnd the names
of the persons voting for and against the
| same shall be entered on the Journal OF
the respective Houses, and majority
of all the members elected to each House
shall be necessary to give it the force OF
law" Adopted.
Mr.. CURTIss offered the following as an
additional article:
"No other or greater amount of tax OF
revenue shall at any time be levied than
may be required for the necessary ex-
penses of the Government, or to pay the
existing indebtedness of the State
Adopted.
Mr.. CLEMENTS offered the following as
an additional article:
"The liabilities to the State Of any in
corporated companies or institution to re-
deem the principal and pay the interest Of
any loan hereafter made by the State to
such company or institution shall not be
relieved or commuted." Adopted.
The Convention then adjourned.