Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1871-03-28
Virginia Legislature.

the payment or interest thereon the pendln
question being the motion of Mr.. Pendleton t
: reconsider the vote by which Mr.. Waddelr
amendment had been agreed to-
Mr.. Penn demanded the yeas and nays O,
the question, which resulted in the motion
being agreed to-yeas, 1S; nays 10.
Mr. WaddelI then, by the consent of tn
Senate, withdrew his amendment
Mr. Pendleton then proposed the foloyin.
IN lieu OF the Sd section of the bill:
Upon the surrender of the old and the &C
ceptance OF the new bond for two-thirds Of ths
amount due, as provided in the last preceding
section, there shall be issued to the owner OF
owners tor the other one=third of the amour,
due on the old bond, stock, or certificate of in.
debtedness SO surrendered, certificate bearing
the same date as new bond, setting forth the
amount of the bond which is not funded, az
provided II the last preceding section, and that
payment OF said amount, with interest thereon
at the rate prescribed in the bond surrendered,
will be provided for in accordance with such
settlement, as shall hereafter be had between
the states OF Virginia and West Virginia in
regard to the public debt of the State of Vir-
glnla existing at the time OF its dismember-
ment, and that the State of Virginia holds
SAID bonds, so far as unfunded, in trust for the
holder or his assignee.
MIR. Penn demanded the yeas and nays, and
Lne amendment was agreed to-yeas, 25 nays,
Mr., Waddell then offered the following as
an amendment to the Sd section, which was
agreed to-
,"And prouided, further. That until such f.
nal settlement with West Virginia there shall
De paid upon what are known as sterling bonds,
Ia the manner now prescribed by law, two
thirds OF the interest accruing on the principal
OF SAID bonds after July lst, 1871 and for the
| Interest tn Jako \
on that day shall be issued, drawing the same
rate OF interest as the bonds, two-thirds of
winch shall be paid as provided to be paid on
the bonds; the remaining one-third of unpaid
! interest, both on the bonds and certificates,
| snali De payable In money, and the principal
OF sald certificates IN new sterling bonds of the
same character as the old, in accordance with
such hnal settlement as shall be made with
West Virginia.
Mr.. Waddell then moved to amend the bill
further by adding at the end of the 4th sec
'lon the words whenever practicable - which
was agreed to.
The bill was then ordered to its engrossment
and third reading. An Intellectual attempt
was made to have the bill read third time
this day.
HOUSE; House bill authorizing subscrip-
tons to Incorporated companies by counties,
cities, towns, and townships (engrossed last
night, was taken up and passed.
SENATE.--Saturday, March 1Sth.-Senate
biii to provide for the funding of the public
debt and the payment Of interest thereon. was
taken up and passed by the following vote:
Yeas. os.-Messrs. Anderson, Of pittsylvania.
Anderson, of Roekbridge, Austin, Beazley,
Carr, Courtney, Greene, Grimsey, Hamlet,
Harris, Herndon, johnson, Latham, Lewis,
Massey Moseey, Moss, Pendieion, Smith, of
henrlco, Smith, Of Clarke, Snowden, Dr., Tay-
lor, Of Loudoun, Taylor, Of Norfolk city. Tea
moh, aud Waddell-25
Noes, M essrs, Davis, Fitzpatrick, French,
Greeyer kendrlck, Patterson, Penn, Robin
son, Roller and Terry-lO; 43 Senators in all.
The following bills were passed:
House bill to incorporate the Staunton Riv-
er Navigation Company
House bill to Incorporate the town OF Ash
land, IN the county Of Hanover with Senate
amendments.
Senate bill to incorporate the Norfolk and
Princess Anne Turnpike Company.
Senate bill In relation to the fees of commits
sioners in chancery
Senate bill to incorporate the Buckingham
Banking and Trust Company.
Senate bill to provide new charter for the
town of Charlottesville,
Senate bill to authorize district school trus-
tees to borrow money
Senate bill prescribing the duties and com
pensation of certain township officers, with
House amendments
House bill TO regulate the taking of fish for
the purpose of manufacturing oil or manure
| House bill for the payment of per dien, due
the commissioners appointed in relation to the
sale and removal of the pententiary, with
amendments from the committee and Senate.
| House bill declaring portion of Cinch riy-
| er a lawful fence
| Senate bill to incorporate the Lynchburg
and North Carolina Railroad Company.
HoUsE.-Senate bill to protect the oyster
| beds Of the Commonwealth came up as spe-
cial order
| An amendment offered by Mr.. Stubbs, to
prevent dredging in the western waters of
Chesapeake Bay, was, after long debate, re-
jected-yeas 40; nays, 80.
| The same gentleman then moved to amend
the bill by restricting dredging on the western
shore to water not less than forty feet deep
This was also rejected,
| The bill was then, after three hours discus
| sion, passed.
SENATE. Monday, March 2Oth.-House
joint resolution, with Senate substitute there
| for. being the original proposition of Mr. Rol-
ler, proposing an amendment to the Constitu-
tion of Virginia IN relation to the clause in re-
spect to and entitled 'usury,' and providing
for the publication thereof and for thecommu-
nication of a copy of the resolution to the Gen.
eral Assembly to be chosen at the next general
election of Senators and members of the House
| of Delegates, was taken up and discussed at
length, and finally passed, by the following
| vote:
Yeas-Messrs. Anderson, of Rockbridge,
| Austin, Beazley, Fitzpatrick, French. Greene,
Greever, Hamlett, Harris, johnson, Kendrick,
Latham, Lathrop, Lewis, Martin, Patterson,
Pendleton, Roller. Smith, of New Kent, Smith,
of Clarke, Snowden, Jr., Taylor, of Loudoun,
Terry, and Waddel-24
Noes -Messrs. Campbell Carr, Moseley,
Moss, Robinson, Smith, of Henrico, and Tea
moh-7.
The following bills were passed.:
House joint resolution in relation to public
free schools.
House joint resolution appropriating 5000
for the repair and returning to the House o1
Delegates the portraits of Thomas Jefferson
and VIM. Pitt
House bill to provide system for public free
schools, with an amendment from the Senate
Committee on Public Institutions
House bill in relation to fences, with Sen
ate amendments.
HoUsE.-The following House bills were
passed:
To amend the Code in relation to the fees O
sheriff, sergeant, or crier; for the relief Of s
S. Reeder. late sheriff Of Russell county tt
enlarge the corporation of the town of Ney
Market, Shenandoah county; to declare Smitl
river in Henry county, a lawful fence; t,
amend sections and of chapter so of tn
Code; to incorporate the Exchange Bank o