Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-06-11
TENNESSEE LEGISLATURE.
SENATE.

SENATE.
FRIDAY, June 10.-Senate met at TO-
O'Clock to day, Speaker Thomas in thu
chair.
BY Mr.. Cubbins-A bill to regulate thu
registration of attachments and eXecu
lions. Passed.
r. BY Mr.. Cooper, of Bedford---A bill tC
authorize the Commissioners of the State
to lease delinquent railroads, under Ger
tain circumstances, to responsible parties
| Passed.
THE RAILROAD INVESTIGATION.
Senate resolution providing for the ap-
pointment of committee to examine
charges preferred by Col. John Baxter
against members of the Railroad Inyesti-
eating Committee, was referred to the
Judiciary Committee.
THR PRINTING BILL. Ag
House resolution to pay Messrs. Jones,
Purvis & Co., Public Printers, for work
done, was referred to the Committee on
Ways and Means.
HoUSH BILLS ON THIRD READING.
To facilitate business in courts of re
cord. Passed.
To transfer certain cases from one court
to another. Passed
To regulate and fix the payment of 81
as poll tax, for the benefit of common
schools.
Mr.. Cooper, of Bedford, offered to
amend by substituting so cents for 81.
Amendment odoDtad aud tba hill ,Nooco5
To preserve the peace and prevent homi-
eide. Passed.
To provide for the election on the Sc
cond Tuesday in November, 1870, of a
Governor and members of the General
Assembly. Passed.
To regulate the elective franchise in &C
cordance with the provisions of the new
Constitution, and repeating all laws con
iicting Herewith. Passed
HOUSE BILLS on SECOND READING.
The following bills were passed on
their second reading: To regulate the is
suance of State bonds. To relieve the
property of husbands and wives from re-
sponsibility for the debts of each other.
To supply lost bond of 81, 900 issued in
1859 to Thomas J. Huff. To amend the
exemption laws for the benefit of inyalids.
To destroy old issue notes of the Bank
of Tennessee received ON account of
revenue due the State 80
NASHVILLE AND CHATTANOOGA RAILROAD.
The following House bill was passed on
its first reading: To enable the Nash
vile and Chattanooga Railroad Company
to borrow money, not exceeding So, 900, =
600.
SENATE BILLS ON THIRD READING.
To authorize the sale of the railroads
failing to pay the interest due on bonds
issued to them Bill reported in lieu by
the Judiciary Committee, was made the
second order of the day for Monday.
To forbid the credit of the State being
given or loaned to any person, corpora
ton, or association. Passed.
To prevent bonds beings issued TO rail
road companies. Passed.
To establish Powell county in East Ten
nessee. Passed. -.-
TO EXEMPT CORPORATION PROPERTY.
Mr.. Cooper, of Bedford, Offered bill
to exempt from attachment for debt the
property of municipal corporations.
Passed first reading and referred to the
Judiciary Committee.
SPECIAL ORDER
The motion to reconsider the vote
passing the bulls annulling the bonds Is
sued to the Mineral Home Railroad Com
pany, was announced as the special or
der for IL o'clock.
Mr.. Clementson spoke at considerable
length in support of the motion to recon
slider, taking the position that while repu-
dia!ion might be right and proper if the
State and the Railroad Company were the
only parties interested in the bonds, such
reputation would be gross and unwar-
ranted wrong upon third parties now the
bona fide holders of these obligations
of the State of Tennessee, who had pur-
chased them in good faith and without
any knowledge of the fraudulent charac-
ter of the company TO whom they were
originally issued. Mr.. Clementson
referred to numerous legal de-
cision of the Supreme Court
of the United States sustaining the posi-
ton he maintained, and urged the Senate
to postpone the consideration Of the mat
ter until it could be more fully and
thoroughly investigated by the Senate.
Mr.. Cooper, of Bedford, spoke in ia
vor of the bill and against the proposed
postponement of the bill, insisting that
reputation in the usual sense OF the term
was not contemplated in the bill to annul
the bonds fraudulently issued to the Min
eral Home Company, and assuming that
if third parties, now the bona fide holders
OF these bonds, felt aggrieved by the ac-
ton of the General Assembly necessary
to the protection of the State and
her citizens, they would find redress in
the courts Such of the bonds as were
valid should be paid, and it was the duty
of the General Assembly to make the
necessary distinction between the good
and bad. Mr.. Cooper quoted authorities
and decisions OF the Supreme Court of the
State sustaining his position.
At the close of his remarks, the further
consideration of the subject was post
poned, on motion of Mr.. Nelson, until
IL O'Clock next Monday.