Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-01-11

BY Mr.. McBath-A bill to amend an
act Incorporating the Knoxville Bridge
Company. Passed.
TIE SPECIAL 0RBER-
senate bill TO repeal sec. 8 of an act
changing the time for holding the Chan
Gerry Court of OEerton county, being the
special order, was taken up, and passed
third reading.
1t repeats that section recurring clerks
OF courts to give five days notice before
taking judgment by motion on notes given
for property purchased under decree. and
by order of Chancery and Circuit Courts
is now law.
BANK OF TENNESSEE.
House bill providing that the notes eff
the Bank of Tennessee (Old issue) shall
be received in payment of taxes was called
up.
The following bill in lieu, submitted BY
the Committee of Ways and Means and
Finauce, was adopted:
Section l. That notes of the Bank of
Tennessee issued prior to May 8, 1851,
United States legal tender currency, Ma
tional Bank notes, specie and warrants
issued by the Comptroller shall be re-
eeived in discharge of all taxes and other
monies due the State Provided, that notes
Oh the Bank OF Tennessee issued prior to
the 9th OF May, 1851, which have been
already in good faith collected from the
tax payers by any collecting officer shhH
be receivable by the Comptroller aud
Treasurer, on settlement for taxes due the
state o
Sec g. That section 13 of an act
passed the 18th of March, 1868, entitled
ian act to amend the revenue laws so
far as said section requires the designation
of one of the National Banks of Nash
vile, Memphis and Knoxville as depcsi-
tories, and requires clerks and collectors
10 make deposits in said depositeres, is
hereby repealed; provided, that nothing
herein shall be so considered as to relieve
the clerks and collectors from paving
over the revenue collected by them at the
time required by said section of said act.
Section third requires clerks and coIlec-
tors, before pay ng over any moneys, to
obtain from the Comptroller a warrant
payable, directed to the Treasurer, re-
curing said Treasurer to receive the said
revenues from said clerks or collectors.
Section four designates the - Ne
tional Bank of Nashville as depository in
which all the revenues of the State are to
be deposited By the Treasurer.
The other sections make provision fer
carrying out in detail the three first Sec
tons of the bill
Mr. Cheatham moved that the bank to
be designated as public depository be
the Second National Bank of Nashville,
since it was the depository before the
First National Bank was so designated
Mr.. TOwnseed suggested that before
making the designation of any depository,
it would be well to have the repositories
at Memphis and Knoxville paid any bal
ance due them.
Mr.. Caldwell offered an amendment
providing that the depository designated
shall pay the retiring repositories at Mem
phis and Knoxville the balances due them
out of the first monies received Adopted.
Mr.. Dillin offered an amendment that
notes of the Bank of Tennessee, issued
May l, 1861, be received in payment of
taxes.
Mr.. Smith moved to lay the amendment
on the table. Csrried-ayes 81, noes S.
Before any further action was had, on
motion the House adjourned until 9
o'clock to morrow morning.