Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1869-01-28
Ohio LegisIafure.

In Senate, on yesterday, Mr.. DANGLER in
troduced a bill to provide against frauds in
the election of railroad officers, which
seems to be demanded by the public inter-
est. If enacted, it will prevent many of
the frauds now being perpetrated in the
management of railroads. AL directors
of Ohio railroads must be citizens of the
State-residing for one year in some one
of the counties through which the road
passes. Dividends are to be paid in cash
and in that alone, and only declared
for actual net earnings. All voting
in proxies, or by actual stockholders, for
produced. Elections of directors, Presi-
dent, Vice President, &C., who are not
resident of counties and of State, are made
null and void. If passed, the impression
is that it will put stop to some of the gi-
gantic frauds now being perpetrated. The
intention is, we understand, to follow this
up by other legislation, to prevent the abb
sorption of Ohio railroads, and the swind-
ling OF stockholders by insolvent Eastern
companies q-s.- .5gi 10
Mr.. YEoMAN introduced bill in relation
to the right of turnpike and plankroad COM
panies, to enter a contiguous property and
take material for repair, and to allow a
turnpike ga te TO be erected when three
miles of road is finished.
Resolutions were introduced relative to
the death of Senator SrAMBAUGH, which
were laid. on the table and made the special
order for Wednesday next.
Mr.. BERRY's bill extending the Home
stead law so as to increase the homesteads
exempt from execution from $500 to 81, 900,
and the personal property, where" the
debtor is not owner of a homestead, to $500
1t has yet to pass the ordeal of the House
before 1t becomes law. 5ss rssey
In House, yesterday morning, Mr.. CAL
LEN, evidently aiming to protect the peo-
pie from the transfer of Ohio railroad
companies to foreign companies Of doubtful
selveney, introduceda a bill to compel for
eign railroad companies to file with the
Auditor of State a full and complete state
ment, under oath, of the assets and liabiIi-
ties of said company prior to leasing OF
purchasing any road under the control Of
companies organized under the laws o
Ohio, such statement to be examined by
the Auditor, whose duty it shall be, If he il
satisfied of the solvency of said foreign
company, he shall have the statement and
his certificate thereto published in two
daily newspapers published in the city Of
Columbus. AL-i - - ~ -
Mr.. BELyILLE introduced a bill to amend
section -557 of the Code so as to provide that
actions may be brought by any person in
possession, or who claims possession. of
real estate against any adverse claimant
not in possession. H7sf-srr L n
- The bill fixing the time for holding The
first term of the Common Pleas Court In
Wayne county was passed.IQ
The remainder of the days session was
consumed in debate on the Central Lunatic
Asylum bill, the question being on remoy-
ing it from Its present location in order to
have the land sold, in which case 1t will
fall into the hands of a "Ring," who will
make fortune out of3its sale. = 1
sjcz I ,oi -L------- - - sisssiols sD
The receipts from Lnternal Revenue for
1868 were s74, 739, ,910.37 below the CORES
ponding total for 1857. es The New
York Journal of Commerce, in this con-
nection, says: a"Returns for the current
year show a still further and very impor-
tant reduction. IF this is continued, there
viii be point where the income and ex-
penses will be SO wide apart that the ma
tional credit will drop between them, to
the manifest injury OF every important
material interest" And yet the driYelers
in Congress do nothing for the relief OF the