The weekly North-Carolina standard. [volume] (Raleigh, N.C.) 186?-1869, 1869-01-27
EVENING SESSION.

The House met at 81 o'clock.
The House resumed the consideration OF
the bill in relation to the Wilmington,
Charlotte and Rutherford railroad
Mr.. FRENCH offered substitute to he en-
titled an act to amend the charter of the
Wilmington, Charlotte and Rutherford rail
road tc provide for the completion of said
road, and to secure to the State a represen-
tation in the company.
IThe substitute increases the stock OF the
road to seven millions of dollars, and au-
thorizes the State to subscribe four million
dollars to the stock when the stockholders
accept this amendment of the charter, two
millions ofdnlars to be applied exclusively
to each division. An annual tax af one
eighth Of one per cent is imposed to pay the
interest on the bonds.
Mr. MALONE spoke at length, giving the
history OF the road.
Mr. FRENCH said under the original bill
nothing could be done, as any stakeholder
could take out an injunction; while his sub
stitute would satisfy the stockholders and
be effective.
MIR. JUSTICE, of Rutherford, opposed the
substitute. The substitute asks Il larger
sum than his bill. The original bill onry
asks permission to go on in keeping with
the original charter the charter provides
that the money raised east of Charlotte shall
not be expended vest of there. The States
money has been expended east of Charlotte,
and the Western section has been ignored.
Reading from the charter, he said the bonds
even were made to refer to their particu-
lar section; and under that charter two sets
of directors should be allowed until the
road was completed. That is all that is
asked. The effect of the substitute would
be To- defeat the division.
Mr.. FRENCH said the Wilmington stock
holders opposed the division, and only de-
sired to secure the completion of the road.
The substitute was adopted 10y the fol-
lowing vote:
YEAs-Messrs. Allison, Ames Argo. Armstrong,
Ashworih, Banner, Barnett Carey Cawthorn, Cherry,
Davis Dixon Downing Ellis Ellington Estes, Foster,
High, Hodnett, Hoffman, Hudgings, Ingram, Kelly Of
Davie, Latin Leary, Long Of Richmond, Malone,
Mayo Mes hpsss Mcmillan Morrill, R Morris Pearson
m0ur, Sinclair, Thompson, Vesta, Vest, White and
Pennsylvania, Davidson, Durham Ferehee, Forkner,
Gahagan. Gibson, Gilbert Green, Hawkins Hinnant,
Hodg HUMPHREYS. Jarvis, Jusus of Henderson, JUS
tcc of Rutherford, Kelly of Moore. Long of Chatham
Mendenhail, Moore Nicholson, Painter, Parker Pou,
Profirt, Robinson, Shaver Smonds, Smith of Allegha
n.y. Snipes, Stanton, Sweat, Sykes Waldrop WEIGH,
Williams of Harnett, and Wilson-39.
The bill passed its second reading by the
following vote:
YEAs-Messrs. Ames, Argo, Ashworth, Barnett, Bow
man, Gambler Carson, Carey, Cawthorn Cherry Davis,
Dixon, Downing, Ellington, Estes, Forkner Foster,
Franklin, French, Gahagan, Calling, Gilbert Graham,
Green, Grier, Hendricks, Hicks. Hoffman, Hudgings,
Ingram. Justus of Henderson Justice of Rutherford
Kelly Of Davie Latin, Leary. Long of Richmond Ma
lone, Malheson. Mayo, McCanlcss Morrill, Morris,
Painter, Peck. Price, Proctor Profitt, hefrOw hob
bins, reynolds Siegriest Sinclair Simonds Stevens,
Xestal, Vest Waldrop WEIGH, White, Whitley and
Wilson-62.
NATs-Messrs. Allison. Armstrong Blair, Boddie,
Clayton of Pennsylvania. Davidson Durham Ellis Fere-
bee Gibson, Hawkins, High, Hinnant, Hodnett, Hor
ney HUMPHREYS, Jarvis Kelly of Moore Long Of Chat
Pou, Rea, Robinson, Seymour, Smith Of Allegheny,
snipes, Stanton, Sykes, Thompson and Williams OF
Hardett-35.