Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-03-24
HOUSE.

The House joint resolution 10 adjourn
sine die at II o'clock M, Wednesday, March
%, 1888, was amended 90 az to read on
Thursdsy, March 29th. Adopted.
SENATE BILLS ON THIRD READING.
To authorize municipal corporations and
taxing-districts TO compromise aud fuud
their rdebtedness. Amended and passed. A
motion 10 reconsider tabled.
To levy tax on all the taxable property
IN ta1ing-districts or municipal items which
have compromised and funded their indebt-
edness. Passed.
To repeal an act providing for settling the
Indebtedness of the extinct municipality Of
the city OF Memphis. Passed.
INCORPORATED COMPANIES.
The House resumed consideration of the
bill amending the incorporated companies
so as to allow the orgaoizAtion of savings
banks and trust Companies.
Messrs. Jones and Haynes advocated the
passage of the DILL, as il would give relief
to farmers who more than any other class
needed the advancem ment of funds at certain
times, the national banks we're not permitted
to loan money 10 farmers on real estate.
The bill passed.
SENATE BILLS ON THIRD READING.
To amend an act passed in March, 1875,
providing for the organization of corpora
tious 80 as to extend the privilege of manu-
featuring corporations. Passed.
To provide for the construction, repairing
and laying out Of turnpike roads. Passed
10 repeal an act providing for the regis
tration Of births, marriages and deaths
Passed.
To permit Incorporated companies char
tered by Cnancery Courts to amend their
n n The ID i. L.
OF 1879. Amended by providing that this
shall not affect companies against whom
lawsuits sre pending, and passed.
10 amend section 5, chaoter 902, OF the
oil the Acts OF the Forty second General
Assembly relative to taxing districts. 1t
grants Memphis the right 10 reduce assess
ments on property. Passed.
To allow The floating OF saw legs through
mill dams and 10 protect the owners of the
same from damsses which may result
Passed.
To allow the West Tennessee Agricultural
Association 10 issue bonds for the pur.
pose OF raising money to pay off its indebted
ness and % axe Improvements on its property
Passed.
|. CHATTANOOGA CHARTER
Mr.. Berry rose to question of privilege
He objected 10 the withdrawal of the two
SiAAo ACSPSSbiNciy tuC VI
the charter OF Chattanooga, and to amend
the law creating taxing districts.
Mr.. Case said that he had no Language
strong enough 10 condemn the oiigi-
nators of this movement. The bills were
introduced in his absence, aud passed
on first and second reading without
giving him an opportunity to object. Ht
had taken the bills for examination, VIII lct
he claimed he had a righ:to do. He wantec
to copy the bill and intended 10 move re
consideration of the vote passing the bills OF
second reading.
THE ToRBETr ISSUE.
The Senate bill 10 provide for the Iedemp
ton of the notes of the Bank of Tenuesse,
passed third reading.
| THANKS.
Mr.. Patterson, pending the passage Of sev
eral bills regSrdipg the Taxing District o
Memphis, said that he must thank the mem
bers for the indulgence they had shown il
passing these biIls, the importance of whicl
iol Memphis no one but persons residin
there could appreciate. The people 0
Memphis heartily spprecisiei the courtes
shown them, and in their oehalf he woulC
| return sincere thanks