Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1870-04-01
From the Raleigh Sentinel.
PROCEEDINGS OF THE LEGISLATURE

From the Raleigh Sentinel.
PROCEEDINGS OF THE LEGISLATURE
SENATE.
FRIDAY, March IS, 1870.
QUESTION OF PRIVILEGE.
Mr.. Graham arose and said
Mr.. President Some time ago STATED thq. I
believed the remark in the report OF the Goyeroor
and Superintendent of Public Works in relation
to r. a. Oowan, former President of the vii
mington, Charlotte and Rutherford Railroad, lit
appears that one million of dollars in bonds ere
disposed OF at fraction over 43 cents on the dol
lar, while others were realizing between so and
so cents for State bonds.) was not correct and
was intended and calculated to do injustice By
reference to page GA of the report Of 6 Bragg
Committee, it will be seen that the bonds sold at
an avera ge price of very nearly so cents on the
dollar. Leaving out q sale OF 200 made by Sout-
ter 81 Co. agents, to meet payment which it was
absolutely necessary to make just about the time
when the Supreme Court had made up its first
opinion in the University Railroad case they will
average much more than that. The ga es are
with the exceptions above noticed, from SO I'D to
554. The quotations for n. O. Bonds which the
Governor and Superintendent would refe- to- are
for bonds bearing interest from the first of July
and October 1858 The bonds for " G. & r r
Co., we're dated July LIST, 1869. There was there
fore II per cent. deducted from the face of the
bonds Issued to W., @. E. r, and from all bonds
of that date. Deduct this Al per cent. from the
amount realized and you have average Of
more than Is cents and not -, as Gov EoIden
reports. Apply this rule TO sill the bonds which
are returned in Gov. Holden's report, and it will
be seen that those sold for W., G. r. r
average quite as much If not moro than other
pare them with those issued in 1868 for two
eesons. let, That thu SHIRT int crest
to be deducted from those of 1863 I'd. The
eredit OF North Caroline YVES rapidly deprecla-
ting and those who received their bonds earli-
est of sold th sm for much the best prices.
The statement madc by Governor Holden that
others we're selling at between 50 and 60 Is true
in one sense; but it is equally true to say that
they were selling at between SO cents and 81. It
is not true in the sense in whi,h he intends it.
No person realized 81 cents on bonds of that
date clear Of charges.
FROM THE HOUSE.
Resolution in favor of Nichols aud dorman
claim for printing done for the General Assem-
bly, Caid claim to be exam ned and approved by
the joint Committee OH Printing.
Mr.. WeIker moved to suspend the rules in O.
der to put the resolution on it's several readings,
which evled.
Mr. Cook offered the following amendment:
Pr0Uided That the same price shall be allowed
as was recommended by the Senate Committee
on Printing to the bill in relation to Public
Printing.
The President announced that the hour had
arrived upon which the Senate decided to exc
cute the joint order to go into the election OF
State Printer. and appointed Messrs. Jones, OF
Mecklenburg, and Cook to superintend the
election.
Mr.. Davis nominated W. A. Smith.
Mr.. Beall nominated John Nichols
Mr.. Davis withdrew the name of W. A.
JOS. W. Holden.
The roll was called and Senators voted for
their choice.
FOR HOLDEN.
Messrs. Beaseley, Bellsmy, BIogden, Blythe,
Colprove Cook Davis EpDes COL Forkner
GslIoway' col. HAYES Harrington H1man. col
Hawkins Jones, of Wake, Lassiter, Legg, Mar
tindale. Richardson, Shotfner, Stephens, Sweet
and White-23.
FOR NICHOLS.
Meckienburg, Lindsay, Mason, Melchor. Muir
ply, Robbins, Scott, Whiteside and Welker-12.
M 1 d in ord1 TO give MI him ont
has (Holden) party, he should vote for W. A.
Smith.
Mr. Lindsay said he was assured Mr. Nichols
tbonao@ nH a"HaTs less Inan Or Holden, and exc
cute it az WELL in justice to the people Of the
State he shout cast his vote for .ir. Nj choIs.
Mr.. Graham said, submit for the consdera-
ton OF the Senate, before the Committee on cleo
jority OF the votes of the two Houkos, that this
General Assembly has right to elect Article
III, Section 10, of the Constitution provides -
. IT Governor shall nominate and BY, and with
the advice and consent OF ma jority Of the Sena-
tors elect, appoint all officers whose Offices are
established by this Constitution or which shall
be created and whose appointments. are not
provided for, and no such officer hall
be appointed or elected by the General Assem-
bly,. This election of Public Printer, in my
opinion, amounts to nothing. and the action of
the Legislature is unconstitutional.
The President stated that the Senator had
right to enter his protest, but that nothing was
in order except the announcement of the vote.
The committee subsequently reported the
result of the election follows, to wit Whole
number of votes cast 108, of which JOS. W. Hol-
den received 70; John Nichols received "a w. A.
Smith received I.
]. w. Holden having received majority of the
whole number OF votes cast, was declared duly
elected State Printer.
The consideration of the bill to raise revenue
was resumed numerous amendments were
adopted, and the bill passed it's third Ireading by
the following vote:
YEAs-24.
NAYs-Messrs. Barnes, Bellamy. Burnes,
Blythe. Cook, Jones, of Wake, Legg, Richard
son, Robbins, shoffner and Whitesde-11.
On motion Of AIR. Scott, the rules were sus-
pended and the bill to incorporate the Onslow
branch of the Wilmington and Weldon Railroad
Company was taken up, amended, and passed its
second reading.
On motion, the Senate adjourned until half
oast7 O'Clock.