Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-12-09
THE LEGISLATURE.
Proceedings Of Both Branches sf the
General Assembly Yesterday.
Special to the Appeal
SENATE.

SENATE.
NAsHvILLE, December Safer the
usual routine Of business, Mr.. Coulter
presented the report Of the members of
the finance committee, recommending the
adoption OF the rate Of forty cents.
Mr.. DuBose objected to the reading OF
the report, the rate having been already
fixed by the legislature. After discussion
the report was read and ordered to be
spread on the Journal of the senate.
Mr.. Crsary introduced a resolution su-
thorizing TIE compilation of the revenue
laws.
Mr.. Warren introduced bill to provide
for the sale OF lands purchased by the
State for taxes.
Among the senate bills passed on third
resdirg were the following:
To grant certain powers to existing rail-
road companies.
A bill for the benefit Of agricultural so.
cieties.
House bill TO provide for filing vacsn-
cies in Offices OF State and county judges,
and the hill to authorizs municipal corpo-
rstions TO change the time OF holding
their elections, passed third reading.
Consideration o. tax bill was resumed.
The seventh section with sn amendment
proposed by the comm ttee to tax incomes
derivei from bonds ten per cent. was
taken up.
the amendment, that fiscal officers In
paying interest on bonds retain ssid tax.
After some discussion, on motion OF Mr..
Warren, all amendments TO section seven
were tabled.
Aftsr recess Mr.. Merritt offered an
amendment to section seven fixing the
tax on incomes derived from United
States bonds al ten cents on the dollar.
Mr.. Du Bose moved 10 amend by fixing
the rate A. aix and furo-s hfrda aauta on tha
dollar. Carried.
The section is as follows: By exsmpting
manufacturing establishments from Taxa
ton; by imposing tax of four mills on
the dollar on the receipts Of telegraph
companies derived from dispatches trans
mitted within the State. On railroads sX-
tending beyond the limits OF the State, IL
is provided thst 8 tax shall be assessed
upon such pro rsts portion of the receipts
OF such rsilrosds ss the leng b OF the road
within the State may bear to the entire
length of the road upon which tie re-
ceipts or earnings accrue.
Section s, IS amended, was adopted.
On section g, TO repeal the tax on drum
mers, g warm discussion arose, which
lestsd d till recess.
AFTER RECESS.
The senate INST at seven O'Clock and
resumed the consideration of the tax bill.
ms nlE@1 EEIllOl Was a6p6StEu A40 L16
tsX on drummers adopted. The remain
der OF the bill was adopted without
amendment.
The following additional sections were
adopted: Tax on hacks and OmnibUsses,
eight dollars each annually; tex on thea
ters, one hundred dollsrs per quarter; tax
on plumbers and gss-htters, repealed.
Mr.. BNrter offsred another section to
tsx gross receipts on business transacted
in this State by fire and life insurance
companies two psr cent on every one
hundred thousand dollars, and four per
cent. on all sums above that amount.
Rejected after some discussion.
Mr.. DuBose offered an amendment re-
pealing section four of the set to fix the
State tax on property which increased tax
on privileges fifty per cent.
Mr.. Clarke opposed the amendment as
a covert attempt to reduce the tax on
liquor dealers.
Mr.. DuBoss said the object of the
smsndment wss 10 place the tax on
privileges as same rate as sdvslorum tax.
Amendment rejected. Bill passed third
reading; yeas, IS; nays, 4.
Messrs. Gibson, McBennell and Sewer
voted in the negative.
Adjourned.