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

Mr.. Shoffner moved to lay The mott.
on the table, which was lost, and the o"
ton of Mr.. Etheridge to reconsidar n no
vailed. pre-
Mr.. Etheridge then offered the follow.
as substitute, to wit: PrOvided Thot MHg
Treasurer be instructed to paw no r"or sne
out of the Treasury, except to mernboIy
and officers of the Legislature and tbs
heads of the different departments NV
their salaries and per diem. 'p'"
Mr.. Cook called the previous onesti,,
which was lost. '''o"
Mr.. Love offered to accept the amend
ment. 'l"'
The Chair ruled that he could mot
The question recurring, the snbet;t,.
was adopted, and the resolution was ro
jected.
On motion OF Mr.. Welker, the senot,
adjourned until to morrow, 10 ocIocl,
HOUSE OF REPRESENTATIVES,
FRIDAY, Jan. %, 1869.
BILLS
By Mr.. French: 4 bill to extend the inr;s
dict of the Special Court In the civ -,
Wilmington. Referred
By Mr.. High: A bill in favor of s e
Bunting. Referred.
On motion Of Mr.. Malone, the rules were
suspended and his resolution in reference
to immigration was taken up.
On motion of Mr.. French, the words o'ag
the very best that can be done in Section
=, line 4, was stricken out.
The resolution was then adopted.
On motion of Mr.. Latin, the rules were
suspended.
A bill to be entitled can act amend.
tory OF the act to incorporate the Western
o.
amendatory thereof, was taken I'D.
This bill provides that the capital stocL
OF the Western Division shall be ten mil.
lion, and the capital stock of the Eastern
Division shall be increased six million and
a half dollars, and the State shall subscriba
for the stock of said Company as now pro
vided by law. until said road is completed.
Proctded, neve71heIesS, That OF the appro.
priation made for the Eastern Division Of
said Road, sum not exceeding eighty
thousand dollars shall be expended in the
construction of branch road leading from
a point at or near Catawba Station in Ca
tawba county, to the lime beds in said
county, &c. This bill also provides for
special tax Of one-eighth of one per cent
on all taxable property OF the State, and
the Treasurer shall apply the tax SO
collected to the payment of the accruing
interest
Mr.. Durham offered the followingamend-
ment PToUided that the tax of one eighth
Of one per cent. herein levied upon the
real and personal property OF the State
combined with all other State and County
taxes shall not exceed two dollars on the
three hundred dollars worth
Mr. Durham said unless this amend.
ment was incorporated into the different
bills, no matter how much lie might be in.
clined to support them or any one of them,
he would vote against every measure.
Mr.. Estes offered the following substi-
tute:
Prorided, That, on or before the day
upon which the coupon Of the bonds au-
thorized by this act shall become due, the
President of the above named Railroad
Company shall pay to the Public Treasurer
either in cash Or matured coupons of bonds,
upon which the Public Treasurer is direc-
ted to pay the interest under an act to pro
vide for the payment of the interest of the
lawful debt of the State, ratified August
10Th, 1868, the sum of $500, 900, and, on or
before the day upon which the second
coupons Of bonds authorized by this &C!
shall become due, the President # the
above named Railroad Company shall pay.
in like manner, the sum of $4,000, and,
on or before the day upon which the third
coupons, as afO1 esaid, shall become due,
the President above named shall pay to
the Public Treasurer, in like manner, the
sum Of $4,000, and, on Or before the day
upon which the fourth coupons, as afore-
said, shall become due, the President OF
the above named shall pay to the Public
Treasurer, in like manner, the sum OF $4O,
OOO
2. Prorided, That, if the bonds author
lied to be issued under the above act,
1920, 900, shall be retained by the Public
Treasurer as collateral security for the
faithful performance of the conditions of
the preceding section, and that upon the
first $500, 000 as aforesaid, the Public
Treasurer shall be authorized to deliver TO
said Railroad Company S240, 900 of the
above named 1920. 900 bonds, and upon the
payment of the succeeding amounts named
in said section. The Public Treasurer is
authorized to deliver bonds to the amount
of double the sum paid until all of said
bonds are delivered to said Railroad Com
pany.
3. Proviaed also, That, at the expiration
of the two years, from the date Of the first
coupons of the bonds authorized in this
act the Public Treasurer shall be authorized
to issue to said Railroad Company an ad-
ditional amount of bond, equal, at their
par value, to the amount paid in cash by
said Company in behalf of the State, &C
cording to the provisions of section - of
this act, said bonds to be, ia all respects,
similar to those authorized to be issued by
this act.
Pending a vote upon the substitute the
question required upon the amendment
offered by Mr.. Durham to section 6.
Mr.. Pou took the floor and said
"He would vote for the amendment OF
the gentleman of Cleaveland. The follow
ing provisions are taken from the fConsti-
lion.
"The General Assembly shall levy o cap.
tation tax on every male inhabitant Of the
State over twenty-one and under fifty
years of age, which ShnN be equal on each, to
:he tax on property valued at three hun
lred dollars.
= < 1.-The State and county capita
ion tax combined shall never exceed two
dollars on the head" <
Sc The taxes levied by the Commissioner
If the several counties for county purposes,
'hall be levied in like manner with the
State taxes, and shall never exceed the
double of the State taxes"
The Constitution requires that tcO quali-
tes inhere in the capitation tax. These are
I1Ls II