Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1871-03-03
Letter from Richmond.

on Finance of the two Houses of theLegisature
had a meeting last night, when bill was agreed
upon providing for the funding Of the public
debt Of the State, and the payment Of the IN
terest thereon and in accordance with instruc-
tons, bill was this morning reported in the
Senate, which provides that two-thrds Of the
entire public debt principal and interest. on
the lst Of July, 1871 may be funded in new
bonds as Of that date on which interest shall
be paid semi-annually, beginning January lst.
lS72-the coupons of the new bonds to be re-
ccivlble for taxes. Certificates are to be issued
for the remaining one-third of each old bond
and interest accrued thereon, bearing interest
from same date July lst, lS1l) and whenever
a settlement shall be effected with West Viz
GINA, these certificates may be funded in bonds
of like description as provided in case Of the
two-thirds, and interest paid thereon thereafter,
Virginia is to press for Il settlement with West
Virginia at as early day Us possible. In the
Indebtedness thus provided for is included the
foreign debt, james River and kanaWha debt,
and all and every description OF debt tor which
the State was and is held liable.
In the Senate to-day, the substitute adopt
ed by the House for the Senate militia bill was
referred.
Senate bill amending the code in relation to
fees of Commissioners in Chaucery and House
bill for the recovery of possession OF real estate
giving justices of the peace jurisdiction in
unlawful detalner cases were reported with Il
recommendation that they pass.
Bills were reported Incorporating tic Nerch-
ant : and Mechanic Manufacturing Company
Of Petersburg: providing for the funding and
payment Of the public debt; providing for the
auicr counties-ordered to be engrosSed; amend
ing the 9th section Of chapter l,y Of the acts OF
1869 20 in relation to county treasurers-au-
thorizing county treaSurers appointed to hold
office until the succeeding January: lncOrp0-
rating the Lynchburg and North Carolina rail
road: amending the first section Of the act in
cooperating the Piedmont and Potomac rail
road authorizing Il terminal point 1t the Long
Bridge. and making the road to piss at or lear
Fairfax Court House: and Incorporating the
Norfolk and Princess Ann turnpike COMPANY.
Bills We're introduced, amending the grand
jury act; incorporating the Farmvlllc. Char
lottesyillc and Stauirdsville narrow guage rail
road company authorizing the Real Estate
Bank of Virginia to issue notes for circulation
authorizing the Orangr Alexandria and Manas-
sis railroad company to endorse or guarantee
the bonds Of the Lynchburg and Danville Rail
road Company and certain cities and counties
for subscription to the stock Of >lid lat lucn-
toned company
Mr.. Latham presented resolutions adopted at
L meeting ur citizens Of Fau4uier in relation To
the subject Of rrapnrtionmcnt of the trncrstl
Assembly.
The tux bill was taken up and passed.
The bill for the extension and comp lction Of
the Chesapeake and Ohio Railroad coming up
an amendment looking to the passage Of the
road through the city of Arxanlria was adyo-
Gated ty Mr.. Snnwdrn but vote being taken
Resulted ayes : noes l4-no ,luorum-:nd the
Senate all iourllcd.
In the House Of Delegates the following bills
the Virginia Female Orphan Home with a
having power to grant such charters; House
bills to revoke 9Tdsyf; 1T inc G"n,5! 81 saz
,Ircensvllc Luuenburg. and Orange: 10 iucor
porate the Charlottesville and Scottsvie K. K.
Co.: House Joint resolution i'll relation to an In
ternational Exhibition of industry and art
The Speaker laid before the House a COM
municaton from the Governor transmitting a
letter from the Governor Of Maryland in regard
t. the Potomac fisheries: urg ing CONCURRENT
legislation and action in the matter on the part
of Virginia with that Of aryand-'1rdered to
he printed.
Senate bill authorizing the sale Of the States
interest in the Orange Alexandria and Manas-
srS Railroad. and authorizing its purchase by
the company, CAME up. together with MIR. Ma
hood 5 substitute which provides for the :ale
If the State :. interest in all works Of internal
improvement The substitute was discussed at
great len4th. and further amended. The prop
otion that all COMPANIES exempt from taxa
ton claiming the benefit OF the act. shall waive
the exemption upon purchasing the State : IN
terest WIS reiectcd-ayes -, noes u. Another
proposition that companies purchasing shall
not charge more than > CT. per mile on pas
SengerS. and cts. per ton per ulle on freight.
was rejected--aycS g. hoe; 81. subsequently
on motion of Mr.. Jackson. Of Prince Edward.
provision of like effect 10 the above in regard to
waving exemption from taxation WAS adopted.
An amendment requiring sales under the act to
be reported to the Legislature for approval or
rejection wa; lost--aycs 81. noes 81 MIR. Wood:
Of Halifax moved IN amendment to the effect
that the Atlantic. MissisSip pi and OHIO Co. shall
have the presumption in purchasing the State
interest in the Richmond and Petersburg X. r.
Before reaching vote on this amendment: the
bill was passed by.
Notice was given that the Conservative eau
Gus will meet next Thursday. This meeting is
called for making a nomination for Senator to
ill the vacancy caused by the expiration OF Mr.
Johnston term.
The bill to provide system of free schools
in cities of the Commonwealth, and to repeal
section tti of an act to establish and maintain
uniform system of public free schools. approx
cd Ipl,- 1S-l w.S taken and made the
special order for tomorrow.
SHORT PARAGRAPHS -Collyer and Edwards,