Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1873-01-30


Atlantic, Mississippi and Ohio at Salem
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LEGISLATIVE PROCEEDINGS.
INTEREST ON COLLEGE LAND SCRIP.
On motion of Mr.. Penn, House joint
resolution authorizing the payment OF
interest on the bonds of the State pur
chased with - the Agricultural land
scrip" was passed-ayes %, noes s, as
follows:
Resolced by the House Of Delegates
(the Senate concuriing). That the
Auditor of Public Accounts be and he
is hereby authorized and directed to
pay the interest due up to the first OF
the present month on the bonds Of the
State purchased by the Board of Edu-
cation. SO far as the same is due and
payable to said Board of Education,
with the proceed is derived from the
sale of the Congressional land scrip, the
same as is paid to other colleges under
the act Of March 20, 1872; provided
that the sum so paid shall not exceed
one years's interest on the. whole
amount of such bonds ~
The resolution now goes tosthe Gov
ernor for his approval. 4'
Mr.. Anderson of Rockbridge, from
the Committee on Public Institutions.
reported bill to establish State Nor
NAL school and to provide for the
| training of teachers in Virginia. Put
|, on the calendar.
NOTICE TO CREDITORS OF THE STATE.
Mr. Queensberry offered the follow
ing, which was adopted, under the sus-
pension of the rules:
Resozued (the House of Delegates
concurring), That the Governor be
requested to give sufficient notice to the
creditors of the State of the meeting
proposed to be held in the city of Rich
mond on the 18th of February next,
and invite their attendance.
DESTRUCTION OF PATR1DGEs.
Onmotion of Mr. Taylor, of Loudon:
the Committee on General Laws were
instructed to enquire into the expe,
diency of amending the laws SO as to
better provide for the protection Of pat
tridges and other game.
BY Mr.. Hundley Bill to amend the
LIST section Of an act to amend and re-
enact an act to autL oGize the circuit
courts of the Commonwealth to grant
charters of incorporation, dc.
Senate bill in relation to criers for
Courts &c.
=. Senate bill to require millers to grind
for toll, all grain brought to their mills
for the consumption Of the persons
bringing or sending it, or his family.
Senate bill amending charter Of Val
ley Railroad Company.
House bill fer relief of Robert NJ.
Heterick, late superintendent of schools
for Rappahannock county.
Senate bill, an act to provide for the
assessment and collection of State taxes
within the town of Suffolk.
To incorporate the Richmond i'm
proyement and Building Company.
Senate bill declaring what fees a
Justice may charge for services con-
nected with the trial of warrants for
small claims.
INTEREST PILL.
The interest bill, being the unfinish-
ed business, was taken up for consider
alton.
Mr.. Anderson of Rockbridge, offered
an amendment to the fourth section,
providing ''that upon debts hereafter
contracted it shall be lawful to charge
any rate of interest not exceeding eight
per centum per annum which may be
agreed upon by the parties and be spec
flied in bond, note OF other writing ev.
idencing the debt" Rejected-ayes
IA, noes 20
The following was offered by Mr..
Anderson Of Pittsylvania, as an indie
pendent section:
Section 2 All contracts and assu-
tances made, directly or indirectly, for
the loan and forbearance of money OF
other thing, at a greater rate than is
allowed by the preceding section,
shall be void as to the interest. due or
to fall due on such loan or forbearance
[The present law provides for forfeiture
of interest and principal both, for usu-
ry.1 Adopted-ayes 20, noes 16.
Messrs. Ward, French, Queensberry
and othsrs stated that this amendment
practically defeated the objects of the
interest bill, and they would, therefore,
feel compelled to vote against it, al
though they favored the provision con-
tanned in it making six per cent, the
rate to be charged under all circam-
stances.
The bill was then put upon its en-
grossment and rejected:
AYEs-Messrs Abner Anderson,
Grimsley, Herndon, Johnson, Lewis
Rixey, Rue and Wynne-9
NoEs-Messrs William Anderson,
Beazley. Boykin, Cochran, Connql y,
French, Graham, Greene, Greever, Hol-
lady, Hundley Lakeland, Lathrop, Mar
tin Massey, Norton Nutting, Patterson
Penn, Perrin Pridemore, Queensberry,
Robson, Smith, Stevens. Taylor OF
Loudon, Terry, Thomas and Ward
20.
A motion by Mr.. Lakeland to recon
slider was rejected-ayes 6 noes 26.
This interest bill is therefore dead.
Adjourned.
Under suspension of rules, the fol-
lowing were put on calendar:
Senate joint resolution instructing
the Senators in Congress from Virginia
to vote against the repeal of the bank
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