The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-02-21

By Mr.. Allison: a petition Oh b. W.
Chapman, of Jackson county, asking
hundred acres of the bed of the Ohio
river.
BY SIr. Mann: a petition of G. F.
Caldwell and NJ. V. Peere, citizens of
GTeenbrier county, asking that the
Academy at Lewisburg be transferred
to the Board of Education.
By Mr.. Fleming. of Marion: A petit
ton OF Il. MusgTave and two others,
trustees of the West Fork Baptist
Church, IN Marion county, asking au-
thorIty to convey said church property
to James O. Watson.
RESOLUTIONS.
The following resolutions were Of
feTed and adopted:
By Mr.. Armstrong; Directing the
Committee on Humane and Criminal
Institutions to inquire into the expe-
diency of relieving Joseph Elliott, an
Inmate OF the Hospital for the Insane.
BY Mr.. FaGnsworth: Directing the
Committee on the Judiciary to inquire
into the eXpediency OF so amending
the act creating the Municipal Court OF
this city, that the Council can authorize
the Mayor or some competent person,
to exercise police Jurisdiction of that
pable OF acting from sickness or other
causes, or absent from the city, or the
oihce is vacant.
EXECUTIVE MESSAGE.
The Speaker laid before the House a
message from the Governor, transmit
ting report OF the proceedings OF the
/ Commissioners of the Covington and
Ohio Railroad, which was read.
on motion Of Mr.. Goff the message
and accompanying documents were
laid on the table and ordered to be
printed.
on motion OF Mr.. Fergusoif, of CabelI,
the bill in relation 10 the Guyaudotte
Navigation Company was taken from
the table and returned to the Senate
with amendments.
The House Bill granting minerals
under 500 acres of the Ohio river bed to
J. II. Atkinson and John Campbell was
taken up, and after some discussion
lain on the table.
The special order was taken up, it
being the bill concerning the rate OF in
! terest, the question being upon the
adoption of the substitute for the bill,
reported from the Judiciary Committee.
Motions were made respectively by
MIR. Ferguson, of Cabell, and Mr.. Ma
hon, to have the act Toxic effect on the
first July" and February"
Considerable discussion eEsued, and
Mr.. IOmlinson moved the re-Commit-
ment of the bill. Pending which, on
motion OF Mr.. Ferguson, of CAbell, the
House took recess until ~ p. m.
AFTERNOON SESSION.
The House reassembled.
The motions pending ut the hour of
recess were severally withdrawn.
Mr.. Heermans then moved that the
substitute proposed by the Judiciary
Committee be amended by striking out
all after the enacting clause and insert
ing the following:
]. The legal interest ON money loaned and
debts contracted shall continue to be at the
amount thereof
2. All contracts and assurances made di.
rectly or indirectly for the loan or Iorbear-
ance OF money or other thing, at a greater
rate OF interest than six per centum per au-
mum, except where such greater rate Is now
allowed by law, shall be void as 10 any ex.
rate.
5. Sections four, five and eleven, of chap
ter one hundred ana fOrty-one OF the Code of
virginia. second edition, are hereby re-
4. The laws regulating interest now I'm
force shall apply to all debts heretofore con-
uaCIed.
After lengthy and animated discus
sion, in which MeSSrs. Ferguson, New
lin, Heermans, Jacob and TomlinsOn
advocated the amendment and Messrs,
Chambers and Pinnell opposed it, the
amendment was agreed to and the sub
stllute as amended was adopted,
me bill was ordered to engrOssment
House Bill concerning the assessment
OF certain shares in National Banks.
was passed to engrossment.
Adjourned