Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1884-08-19
THE STATES MONEY.
LOSS IN THE PETERSBURG BANK.
p,,.,aep,iat E,scsers' Biii-FedernI Inter-

pr,.,aeu,iai Eisefers' Biii-Federnl Inter-
terence IN Eiectlons--BIsek scrip, &e.' &c.
The House yesterday sent TO the Senate
the bill passed by it as substitute Tor the
Senate bill relating to the apportionment
for electors OF President and Vice-Presi-
dent Of the United States and providing
for the choice OF electors. On motion OF
Mr.. Loyenstein the bill was referred.
THE STATE BANKS.
Mr. IIeaion offered the following:
Resoired, That the Committee on FL
nance and Banks be requested to consider
the rropr;ety OF requiring all deposits OF
TIE funds OF the state 10 be made In banks
Organized under the national banking acts,
and TO report 10y bill amending the present
law or otherwise.
Nj. Heaton said that ho learned sun
day evening, TO his utter amazcnent. that q
large amount Of the funds OF the State.
some al35,0OO. bad been deposited In
bank in the city OF Petersburg which was
not national bank; and In addition to
this fact, although it is not pertinent at
this moment. that there was not single
national hank organized IN the city OF Pc.
terSburg; and be also learned, much TO his
surprise, that large number oi banking
institutions exist in this State that are not
proper protccilp to the dcpoSltors and
people who deal with these institutions;
that he desired to bring 10 their atten-
ton The fact that such State banks are
in existence. and that there are no
laws In force In the state to hold 10 account
the fraudulent acts Of the officers OF these
institutions; that he had learned that large
amount Of money had been drawn out OF this
bank 10y the officers allowing oyerchcck-
ing-moncy drawn not by negotiable notes
or any security 10 the creditors Of that
bank or TO the State Of NiTginla, except
the mere drawing Of checks. which are to-
tally worthless TO the State and dep0sitDrs;
that II the state can't project is deposits
in the state banks, the better depository Of
our state funds would be 20 put. not si0a.-
600 per month in the bonds Of the state.
hut the whole amount we have f. our
credit IN tie bonds OF the State, 50 that Il
cannot he lost
Mr.. Bailey said that he was opposed TO
The State iavoring national rather than
state banks. Ii our safe laws are not SUI
fcicnt 10 protect depositors in state banks,
be would 20 in for amending them.
Mr.. lloalOn replied that he did not con-
NIT himself to anything. All that he de-
sired was 90 have the subject agitatcd.
PERSONAL.
MIR. Trout stated that Mr. Koiuer was dc
tanned from hi- seat by sickness.
STATE NORMAL SCHOOL.
senate bin 20 amend and rcGaact section
81 nm act entitled can aci for the e,iah-
H,hmcnt u a state female normal school. ="
approved March :, ISL. was ordered to be-
cn-ros,ed.
ELECTRIC LIGHT
Mr.. Diggs's bill to amend the charter of
Lynchburg 50 rs TO allow that city to op-
crate electric lights Tor public and private
uses came up on it, cngro>>mcrt.
Mr.. Wlckhlm asked If the bill did not
cone within the prohibition OF the rules
adopted.
Mr.. Digs SAID that the resolution in
s.ructcd the committee, only 10 report ceT-
lain bills. Thi. lill was reported before
the rule was adopted.
Mr.. HeatOn moved to lay the bill on the
table. In the course Of his remarks he
spoke Of tine pr0babiity-Or at least posi-
billty-that th- General Assembly may con-
cludc lis labor, this week. though il may
then only adjourn for time, not S.ae die.
R2AssEssgENT.
The House sent the Senate bin Cor the
| roaS-es>mcnl OF lands. which Mr. Wickham
asked should be considered at once, but
Dir. Lovcnstein objected, aud the bill was
referred.
Mr.. Wickhim notified his committee TO
meet this morning to consider the bill.
COUPONS.
The amended Riddlebcrgcr bill was the
special order for O'Clock, but on motion
Of Mr. Wickham it was postponed until to-
day.
PUBLIC DOCUMENTS.
Mr.. Mccormick offered arcSou;ion look
inc 10 furnishing the state of West Viz
c1nia copies of certain reports, &c., Of
which there are more than two copies in
our possession. Referred.
U,;iTED STATES aARSHALS.
Mr.. Atkinson re0fIorcd his bill. which
passed the senate last year, authorizing the
Judges OF elections where they are arrested
by United State marshals, either TO close
the polls or to swear in new judges. Re
ferrcd 10 the Committee for Courts OF JUS
tice.
Adjourned.
House of pclegnfes