Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1869-01-29

tulS "uOiS question OF consideration, The
State owns, say five millions Of dollars. il
! these two Roads ; the stock is not YER,
valuable now the dividends Of these
Roads are not large; and if this House be
lieves that it best subserve8 the interest o.
! the State, it is bound by it's duties. tc
vote for this bill We are not here I,
iegislate for fe,C men. or for any particu
lar interested combination. But We shoul-
look carefully to the great aggregate inter
est Of the people. Here we have five mil
lions Of dollars, belonging to the State
Shall we not guard this very large interest;
The bill proposes to allow the Stockholders
to vote upon the question. Let us repre.
sent the State, and the Stockholders will
protect their own interest. II the consoli-
dalton pays the Stale, is il not bo8nd to
pay the private Stockholders. 7 hone this
bill will pass as il stands.
Alr. Downing took tho floor in defence
OF his amendment. He argued upon the
principle that consolidation would not
result adVantage0usly to the State.
MIR. WEIGH YVES IN favor OF consolidation.
lie wished the bill 10 pass in it's original
shape. He would vote against all amend
ments. He thought that if consolidation
was carried through the State would re-
celve an interest from one hundred and
twenty to one hundred and fifty thousand
dollars. He did rot think the rights Of
private stockholders would be at all inter-
Tered with Or je0pardized in the least, but,
on the other hand. if the interest OF the
State was enhanced by consolidation that
OF the stockholders was Of necessity bound
to be advanced with it.
Mr.. ". continued for some time in
showing the advantages that would accrue
to the State by the passage of this measure
in the shape the friends of it desired.
Mr.. Sinclair rose again to the floor in
opposition to the measure.
Mr.. Seymour asked him how he intended
to vote on the measure, in selling the State
interest in the different roads, when it
should come up.
Mr.. Sinclair replied that, if a proposition
should vote for it if he thought the State
would be benefited by it.
Mr.. Sinclair resumed and, in his re-
marks, said the movement, in his opinion,
would eventually eliminate in PROPOSE
ton to sell both roads, and he would GER
tainly oppose the measure unless it could
be plainly shown that it would be benefit
ed by it.
The question recurring upon Mr.. Down
ing's amendment, the yeas and nays were
called, and resulted in the following ballot:
AYEs--Mcesrs Aehworth, Blair Carson, Down
ing, Forkner, Gahegan, Gibson, Graham, Hold
gin, Hoffman. Justus. Of Henderson, Justice, OF
rutherford, Kinney, Long, of Richmond, Men
deuhaI, Proctor, Ragland, Rea, RenfroW, Sim
clair, Sykes, colored, Williamson, Wiswall-23.
HAYs:-MessIs. Ames, Armstrong; Banner, Bar
nett, Barnes, Bowman, Gambler, Carey, colored,
Clayton, OF Pennsylvania, Davis, Davidson, Dur
ham, Ellington, Estes, Farrow, Fereboe, Foster,
Gilbert, Green, Hawkins. Hayes. colbred, Hen
bricks, Hicks, High Hnnant, Hodnett, Hudg-
ings, Jarvis. Kelly, of Moore, Leary colored, Ma
lone, Matheson, Mayo, McCanless, Mcmillan,
Morrill,, Morris, coored, Nicholson, Parker, Pear
son, Peck, Price. Protfitt, Robbins, colored, Rey-
nolds, Seymour, Shaver, Siegrist, Simonds,
Smith, Of Allegheny, snipes stanton. Stevens,
etiliey. Sweat, colored. Thompson Vestal, Vest,
Maldrop, WEIGH, Whitley, Williams, of Harnett,
Mr.. Downing moved to indefinitely post
pone the whole bill. Lost.
Mr.. Durham moved to strike out in Sec
ton line 2, all after the word stock,
down to the word being " in line 6. Car
r1ed.
This strikes out the amendment offered
by himself when the bill was first dis
cuSsed
Mr.. Argo offered the following amend
ment After the word " majority" in line
8 section 2 insert the words " of the pri-
vate stockholders in addition to the State
proxy"
Mr.. Argo said he VS. E. friend to the bill
but did not wish to force consolidation.
Mr.. Durham said that the amendment
of the gentleman from Orange (Argo) was
subject to exactly the same objections that
the one which he had offered was. &c.
After some further debate Mr.. Argo
withdrew the amendment.
The question then recurring upon the
bill on its final passage, the yeas and nays
I'll Ac1 AI>D Ill
ballot
YEAs-Messrs Allison, Ames, Argo, Arm strong,
Banner, Barnett Barnes. Bowman, Gambler, Car
son, Carey, colored, Cawthorn, colored, Cherry,
colored, Clayton, Of TRANSATLANTIC, Davis David
son, Downing, Durham, Farrow, Foster. French,
Gilbert, Greeu, Harris, OF Wake, colored, HaW-
kins, Hendricks. Hicks High, Hodnett, Hudg-
ngs, Ingtam, Justice, of Henderson. Justice, of
Kelly, of Davie, Kelly. of Moore,
Leary, colored, Malone, Matheson, Mayo, colored,
Mcmillan, Morrill,. Morris, coiored,
Mich lson, Parker. Peek, Price, colorad, Profit,
Ragland, Robbins, colored, Reynolds, colored,
Seq lnour, Shaver, 5iegrist, simonds, Smith, of
Allegheny, Snipes. Stanton, stevens, Stilley,
Sweat, coored, Sykes, coored, Thompson, Yes
al, Vest. Waldrop, Welch, Whitley, Williams, Of
Harnett, and Wilson.
NAYs-Messrs Ferebee, Forkner, colored,
Franklin, Gahagnn, Gibson, Hayes, co!ored, Hi l.
naut HoJgin, Jarvis, Kinney, Long, of Richmond,
Mendenhall, Pou, Proctor, Williams, of Sanp-
son. Williamson, colorot, and Wiswall.
SUPREME O0URT.--1n he 1OliOWiES ODlnlOuS
have been delivered By the Judges of this
tribunal:
PEARSON. G. J., in Buie Us. Packer-no
Judgment affirmed also in Craw-
ford as. Woody, centre lie 't0Uo.
READE, J., in Little as. Stauback, no
error In Redmond rs. Burroughs, plain
;itf entitled 70 an account and cause re-
tanned.
RoI,IAN, j.. i'll State as. Einson, oeni,'e
lie 5eoro In Beckerdite's heirs as. Patton,
Woodfin & Co., order reversed. Appellants
10 recover no costs ia this Court.
DICK. J., il Roberts as. Oldham, order
affirmed. Ia Whitaker as. B0ud, injunc-
ion dissolved and canse remanded.
SETTLE, j., in kiyett as Massey, 10
error. In Baker IS. Robinson, judgm ent
affirmed. -Raleigh Sentinel, 9th.
FIARRIED,
At the Parsonage Of tie Church Of the etran-
GERS IN the city + New York, by Rev. DR.. Deems,
81 ~ III + I A y