Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1870-11-18
The Legislature.

pay seven per cent. interest, Mr.. Slade
of Middlebury opposed the amendment,
and moved to amend so that the rate of
interest shall not exceed per cent. He
thought we should be consistent, and not
allow towns to pay seven per cent. inter
est, when we have refused TO permit in
dividuals to take greater rate than six
per cent.
Mr.. Stafford of Hartford favored the
amendment as putting this road on the
same basis rs other roads.
Mr.. Wood of Fairhaven took the
same view of the matter as Mr.. Slade.
The town bouds are the very best secu-
rites that can be given, and six per cent
with that security is as good as seven per
cent. with individual security.
Mr.. Circuit of Barton thought both Mr..
Slade and Mr.. Wood were MT SO consist
ent as they appeared to be. They had
favored an unlimited rate of interest,
and he hoped they would stick to their
principles. and favor the rate named in
this bill.
Mr.. Slade said he acted on his own
convictions of right, and thought it not
right to allow the amendment as propos-
ed by the committee, and refuse individ-
uals the same right in regard to interest.
Mr.. Page of Hydepark said that by
cutting down the rate of interest we cut
down the value Of the bonds, and limit
the benefits to be deriv d from the act.
The bill was further argued by Mr..
Wood of Fairhaven, (who demanded
the yeas and nays on the question of the
amendment proposed by Mr.. Slade,) Mr..
Stafford of Hartford, and Mr.. Crosby of
Brattleboro.
On the question, will the House amend
the amendment proposed by the commit
tee by substituting six per cent. instead
of seven as proposed by Mr.. Slade, the
yeas and nays were taken, ayes l06, nays
SO. So the amendment was agreed to.
The amendment to the bill was then
agreed to, and the bill ordered to third
reading.
FRIDAY, Nov. II.
The Senate discussed the State Prison
question, and Senator Eddy moved it lie
on the table for further amendment,
which was agreed to. The question is
for committee to inquire into the adj
vantages of removal to some other part
of the State
In the House the bill relating to the
sale of the estates of deceased persons
was again discussed, and on motion of
Mr. Henry Of Chester. it was dismissed
ayes Ill, nays 80.
BRATTLEBoRo LIFE INSURANCE co.
Mr.. Slade of Middlebury by request,
has introduced bill repeating the char
ter of the North Eastern Life Insurance
Co. at Brattleboro. 1t is not likely to
pass, and doubtless springs partly from
those who regard the plan of that COM
pany as unsafe, and partly from the hos
tility of other companies.
THE REFORM SCHOOL.
Mr.. Bartholomew introduced bill on
Friday for new brick building for the
Reform School, appropriating $4,000,
therefor.
On Saturday both Houses were in ses-
sion though not full.
Mr.. Phelps of Grafton has introduced
bill chartering railroad from Graf
ton to Bellows Falls Also one to pay
Walter Taylor the sum therein mention
ed. Mr.. Thomas of Reading one to pro-
tect fish in Beans Meadow Brook, one
by Mr.. Henry of Chester to pay Jesse G.
Spaulding the sum therein mentioned.
The general committee reported against
bill protecting fish in Wellington's Pond
at Cambridgeport, but after an expla-
nation by Mr.. Phelps of Grafton, it was
ordered to third reading.
THE WESTMINSTER PARISHES.
The Senate on Saturday passed the bill
repeating an act in alteration of an act
providing for the division of Westmins-
ter into two parishes.
MONDAY, Nov. IA.
In the House Mr. Henry of Chester
introduced bill Incorporating the Ches-
ter Savings Bank. The bill protecting
fish in Wellington Pond, came up and
Mr.. Grout of Barton, requested some
member o. the committee reporting the
bill, to enlighten the House in regard to
what the proprietor of this Pond had
done in the premises to demand this spe-
cial enactment. Mr. Phelps of Grafton,
of the General Committee, made state
ment Of the facts.
Mr.. kellogg of Benson, opposed the
passage of the bill on the ground that
provision was already made under the
general law for the protection of fish in
private ponds.
Mr. Brown of Ricbford onnosoJ a.