Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1893-12-12
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LEGISLATIVE.

In the Senate yesterday a bill was in
troduced to amend the law in regard to
pay ofjudges Of elections. 1t provides
that clerks and judges shall receive for
their services 81 each, and judges car
rying poll-books to the court house
shall receive in addition mileage at 4
cents per mile.
A joint resolution was reported from
the House providing that the 18th day
of December be fixed as the day on
which the Senate and House shall pro-
coed to the election of Senators in Con-
gress. Referred to the committee Tor
courts of Justice.
In the House Mr.. McRae offered a
resolution providing for joint session
on Tuesday, December 10, to elect SEN
ators in Congress and naming the
rules of the government Of the joint
session, which was agreed to.
The following bills were passed:
House bill to authorize the supervis-
ors of Warren county to borrow $1,000
to be used in the construction of bridges
across the Shenandoah river at River
ton.
Senate bill to authorize the managers
of the Female Orphan Asylum at Fred
ericksburg to transfer property of that
corporation to the Assembly Home and
School at Fredericksburg.
Senate bill to incorporate the Assem-
bly, Home and School at Fredericks-
burg.
The following bills were introduced /:
Mr.. Nicol To authorize the Board
of Supervisors of Prince William coun-
ty to issue bonds of said county for a
sum not exceeding $1,000.
Mr.. Nicol To allow the late treas
urer of Prince William county to col
lect by levy certain tax bills not re.
turned delinquent.
Mr.. Logan To amend section 4016
of the code relating to trial of crimi-
nal offences. This bill is in effect the
same as the one presented in the Sen
ate by Mr.. Hay, and looks to the more
speedy trial of felony cases.
Mr.. Cooke: To authorize railroad
companies terminating on navigable
waters to guarantee bonds of compa-
MES building or owning steamboats, or
vessels used or to be used in connection
with the business of the railroad, and
to confirm all such guarantees hereto
fore made.
A bill was introduced by Mr.. Nicol
to provide for the organization of State
banks of circulation, based upon Nir-
ginia State bonds as security for the
circulation. The act is to take effect
when the United States statute impos-
ing tax of 10 per cent. on the circula-
ton of State banks is repealed. The
bill, which is very long one, provides
in detail how banks shall be organized
and operated. In town and villages
the capital stock is 10 be not less than
$4,000, and in cities not less than $50
900. At least 80 per cent. of the CAPT
tai stock shall be paid in before the
banks shall be authorized to commence
business. The measure contains 81
sections. 1t provides that these banks
shall at all times be prepared to pay
out per cent. of their deposits in fed
eral money, in either treasury notes or
coin. This is regarded as one of its
strongest features. This will, it is said,
enable depositors to use checks on
said banks in any part of this country
or Europe without question. 1t will
Mr.. Nicol says, make the issue of such
banks practically as stable as United
States State repositories. The bill pro-
vides for periodical reports of the pro-
| posed banks TO the State treasurer and
an investigation into their affairs con-
Quoted by the Acknowledgement. The
bill is based as near as possible upon
the statute authorizing the establish
ment of national banks. The act pro-
vides in detail for the organization OF
the banks, their conduct, method OF
dissolution and winding up Of any OF
the affairs of the bank in case of insol-
vency. The provisions are as carefully
guarded as possible, and the currency
issued under it, it is believed, will af-
ford valuable supplement to the cur
rency as it now exists. The object OF
the law is also to afford ready market
for and to enhance the value Of Virgin
ia State bonds and to cause the interest
to be paid to the people within the
State who may hold the bonds under
the operation of the said bill, instead OF
going, rs the interest does now, to par
ties outside the Commonwealth.
Speaker Cardwell is hard at work on
the House committees, and will proba-
bly, be ready to announce them this
evening.