Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1880-10-22
SENATE-FORENOON.

TUESDAY. otI, ~, ls'"
Ellis introduced and referred-By Senator Wood
house an act In amendment OF sections anu 10,
chap Gl e S. entitled an act TO authorize The bnsl-
ness of banking 10 Committee On Banks llhe
substance of the bill is As follows: ANY ASSOCIATION
of persons not less than i've al least three-iourths
Of whom shall be residents of this Stale. formed lor
the purpose Of banking under the PROVISIONS OF ms
chapter shall, upon lawfully transferring 10 the
treasurer of the State any portion OF the publc
stock Of the United States the District OF Columbia.
guaranteed by the nited States, the New England
States New York, New Jersey and Ohio, be ell
titled receive from the treasurer circulating notes
of different denominations, registered anu counter
signed In this chapter Is provided equal IN
amount To the stocks transferred but not exceed
ing the amount OF the capital stock OF such assocl-
actually paid IN such public stocks shall be- OF
be made equal 10 stock producing IN Inc case OF
those issued guaranteed by the nled states,
not less than three per cent Interest. anu Ill the
case of those issued by any OF the States, mol less
than four per cent and the treasurer shall
not take said stock al n rate above ITS par value,
nor above It's current market value Sec limits
the aggregate amount Of The capital STOCK Of any
organized under this chapter 10 NOT less
than nifty thousand dollars nor more than nve ht:-
bred thousand dollars
BY Senator WOOdhOuse an art relating 10 Ihe III
yestInent by trust companies al Their deposits and
trust funds; 10 Committee on Banks. Tine blli
authorizes trust companies TO invest IN such pub
lie funds municpal bonds and bank stock As saw
lngs banks are now authorized To DO by law, anu
that the present Limitation In respect 10 the mini
mum population Of certain cities III whose bonds
such Investments may he made, Is changed from
900 TO 10000 aud The change applies 10 both
savings banks and trust companles.I
Joint Revolutionary Senator Robinson, request
ing the committee on final adjournment 10 inquire
In 10 the reason Tor the delay IN the distribution OF
The repor.s Of State officers adopted.
By Senator Geei, that the STATE treasurer be re-
uu-stcd TO report To The Senate the salary OF each
Judge Of the probate courts since 1870 and the seve-
raj sums paid Ia the State treasurer by each Of said
Judges since $50: Adopted.
Reports From Committee Joint Rules, IN
favor OF House recommendation oi amendment 10
the joint rules; resolution adopted IN concur
renee.
Bills in,roducei-By senator Gleason. 10 pay
George 4. Hines the sum therein named; 10 Tom
mitter on CLAIMS.
on motion Of Senator Peck, adjourned.
NATE-AFTEKNooN.
ReI,orts-From Committee on Judiciary in favor
of H. 20, an act relating the jurisdiction of the
city court of Burlington Thlri reading ordered
tomorrow morning.
Joint Resolution -in relation to Joint assembly
Tor canvassing the votes for members of congress,
with proposal OF amendment fixing as the date of
the Joint assembly Wednesday afternoon, Oct 20.
Proposal OF amendment agreed To.
A communication from the Sergeant at Arms
announcing the appointment of doorkceprrs was
read by the chair. also 4 communication from lie
Governor incloslng letter from I. 5. Grant
declining the invitation recently extended Ia MN 10
visit Vermont.
The latter communication with the letter were re-
ferrcd 10 the committee under the ionrth JOINT rule
and on motion OF Sepator Dana was ordered 10 lie
printed
Rrport-Trom the Committee on judiciary, with
out expression Of opinion upon the proposed
amendment To the constitution changing the time OF
elections, Referred 10 special committee on cnrlstl-
tutional amendment.
ELECTION OF USITED STATES SENATOR.
At half.plst two O'Clock. the Senate proceeded To
the election Of ni;ed States senator.
Senator WOodhousr nominated, and Senators
Thatcher and Dunton seconded the nomination OF,
George +. Ediuunls. The name Of the senators
were called and all present voted viva Nocr Tor The
nominee and he was declared To have received III"
majority Of votes cast.
Kepoft From Committee On Finance N favor OF
H. "a an act To enable the town Of tasicipn 10 re-
fund ITS bonds. Third reading ordered Tomorrow
morning.
From Committee on judiciary. IN favor of ;. II,
an act regulating the service ri subpoena lhird
reading ordered tomorrow morning.
From Committee on Grand Last, adversely to y. !.
an act 10 repeal portion OF eli 81 81 Z. -, relating
to grand list. Third reading refused.
From Committee On judiciary, IA iaNnr oil = Il,
an act to repeal 10 enable owners "i lands ln
drain the same. Thnd reading ordered i"H"rt"w
morning.
providing for II change Of venue ia certain cases
upproycd March ., ls65. To Committee on STATES
PRISON. ['Ihe h provides against private inter.
views rim prisoners IN The States prison, commit
ted under the act, but the officer present and IN
charge during l. personal interview WIN counsel
etc shall moi be calie,i Us witness
by Senator Paul. an act To prevent ant suppress
contagious diseases among duIneslt animals 10
Committee on Agriculture.
Joint Revolutionary Senator Henry, authorizing
aud directing the standing committees on the states
prison 10 VISIT ami inspect the snin". Adopted On
part OF the Senate
Bill Introduced BY senator Dlntoh, an act relat-
By To the change Of venue IN crliiliiia causes To
Committee on Ju,lirary-
Adjourned.