Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1872-01-18
General Assembly Of Virginia.
WEDNESDAY,, January 10, 1872.
SENATE
House Bills Referred.

Bridgewatcr and Raleigh Springs Turn
pike Company F.
BY Mr.. GREEN Bib providing for
imposing a tax upon corporations and
joint stock companies doing business in
this State.
By Mr.. Anderson, Of Pitssylvania -
Bill to amend and reenact section Is OIL
an act approve July IL, 1870, entitled
an acs to established and maintain a
uniform system of public free schools.
Immigration.
On motion Of Mr.. Mr. HoLLADAY 1T was.
"Resolued, That the Commissioner Of
immigration be and he is directed to pre-
pare statement of transactions of the
Board of Immigration from its organiza-
ton up to this time, together with any
in formation now in his possession derived
from correspondence bearing upon the
subject of immigration, and to report the
same to the General Assembly"
Message from the Governor.
A communication was received from,
the Governor by the hands of his Secre-
tary, Colonel Owens, trausm ittiDg copies
of letters to the Governors Of Mary land
Tennessee. aud North Caro- lima, in re.
ference to the adjustment of the boundary
lines between those States and the State
of Virginia. together with the report Of
the commissioners appointed on the par
of the State of Virginia to establish the
boundary line between this State and the
State of Maryland; also the report Of the
commissioners appointed under an act te
replenish the fresh-wat streams of the
State with fish.
The communication was taken up, and
on motion of Mr.. Penn, laid on the
table and made the order of the day for
Tuesday next in executive secret session
HOUSE OF DELEGATES.
Speaker Hanger in the chair.
Prayer by Rev. Dr.. Hogc.
House bills: To amend the act turn in g
ever the Southwestern Turnpike Company
to the counties through which it passes /;
constitution the judges OF county and cor
poration courts commissioners in chancery,
with adverse recommendation; to amend
the Code 80 as to make the use of insu It.
ing words misdemeanor and an actiona-
BILE offence; to amend the act in reference
to abandoned turnpikes; authorizin g the
collection of the unpaid taxes of the com
ty of Orange; for the relief Of Amanda
Tutwiler. Of Buckingham county; to a.
mend and rcenact the act for the relief
of the late sheriffs Of tie Commonwealth.
UsURY.
The Senate joint resolutions proposing
TO amend the Constitution with reference
to usury (Which passed the last Lcgisla-
ture and have been published accord ing
to law came up in order, the question
being upon their engrossment and third
reading
Mr.. Lovenstein explained that in the
last session he voted for the resolutions
in Difference to the decision of a Conser-
vasiye caucus, but now, not being bound
by caucus. and believing that the effect
OF their passage would be to raise the rate
of interest and to keep money out of the
State, be would vote against them
Mr.. Borland, of Norfolk, believed that
the people in the rural districts would
find that the repeal of the usury provis-
ion in the Constitution would have an
eff ct contrary to that by them expected,
and ho was sure that it would be disas.
trous to the financial interests of the
State.
Mr.. Cummings favored the principle
embodied in the resolutions.
The joint resolutions were then. by a
large majority, ordered to engrossment
and third reading.
DEposIToRfEs OF STATE FUNDS.
The Speaker laid before the Hcuse a
communica tien from the Treasurer stat
ing where he funds of the CONNIE We altb
are deposited
In the Planters National Bank, balance
to-day, $450,4 50; Union Bank OF
Richmond, balance to-day, S453 1893.
38; First National Bank Of Richmond
balance to-day, $449. 1854; Richmund
Banking and Insurance Company. balan.
ce to day. $3.50, 1886. Total. ST.
8O4 534 81. $3.50
The Treasurer says: 'The repositories
have complied withsthe requirements OF
the act of the General Assembly of March
29th, 1871, by giving bonds. with securi-
ty, in the penalty each of $3.50, 900, con-
ditioned according to law and approved
by the Governor bonds are on
| file in this Office: 1t was of course con-
templated that the penalty in each case
should be sufficient to cover the amount
Of the deposit, and the security demanded
by the said act would have been ample
for the purpose under ordinary circum-
stances. As the amount Of the deposits
now greatly exceeds the security required
of the Banks. | respectfully suggest to the
Legislature the propriety of SO amending
the law as to require them to execute new
bonds in such penalty as Ujll meet the
present or any similar emergency. This
I the present repositories have all signaliz-
ed their willingness to do. 70 increase
the number of repositories would be un-
necessary"
On motion ofMr. Crooke the Finance
Committee was instructed to report i'm
mediately bill in accordance with the
Recommendation Of the Treasurer.
Adjourned.
THURSDAY. January II. 1872.
COMMITTEE REPORTS.
Mr.. Herdon. from the Committee tor
the Courts Of Justice, presented report
declaring it inexpedientto legislate on
the subject Of q resolution instructiug The
committee to inquire into the expediency
of 90 apendiuR an act to district the