The Caucasian. (Clinton, N.C.) 188?-1913, 1895-03-07

Railroad. passed third
reading: bill 10 Incorporate Belmont
CASTOR county passed several readings:
bill 10 amend the charter Of hc low u oi
N.wpe was, Oh motion. Land on tie
ia bic bill Ia regulate sale Of liquor IL ,
VI oorsboro in Cleveland county, wa
on lis second reading. MIR. Fortune
asked to amend - a. not 10 apply Ia Il
certain church outsid. TIA. corporate
limits. MIR. Hamrick moved To lay the
bill Oh the table-and If was tabled
Bill to amend the Charlotte street
Railway company passed its several
readings: bill 10 authorize commits
sioners OF Mecklenburg county
To change the site of the
county court house and for either
purposes, passed third read
ing: bill TO confer jurisdiction u
ptobate deeds in certain eases in Neck
lenburg county, passed third reading;
bill To amend Corolina savings bank.
passed third reading; bill to amend
the Charlotte Gas company: passed lis
third reading.
Mr. Fortune moved to reconsider the
vote by which the bill To inyalidate an
election held in Mitchell county on
railroad bonds was laid upon the table.
The Senate refused to reconsider.
A adjourned to 10 O'Clock Il. III. today.
HOUSE.
House met at 10 a. m. Prayer by
Rev. Mr. Woodland, of Swain county.
Mr.. Linney presented petition in
regard to the sale of Spirituuus liquors
near Dover Baptist church il AleXan-
der county.
ant in,
tested election cases and gave notice
that he would bring up these cases to-
morrow.
over 400 bills and resolutions have
already been introduced during the
session. This morning the number was
increased TO 1il9 by the Introduction
of the following
EASTERN INSANE HOSPITAL.
1872. for maintenance of Eastern
. Hospital and special appropriation
for additional buildings for females
This bill approntiates for 1895, 100000:
for 1896. S37 > III: for female depart
ment, 1898, $4,000: for 1886, $500
total, 5000; passed its third reading
COUNTY GOVERNMENT.
GIL, senate, to amend chapter of Code
relating 10 county government. mad'
special order for tomorrow at ii O'Clock
447 senate resolution, to reImburs
the subcommittee, for visiting lnsan
asylum at GoldsbOro ST. 90, their act
uaI expenses: passed the house.
BUILDING AND LOAN ASSOCIATIONS.
A substitute for SSS, 1922 and 1l3l
and all bills that have been introduce
| on this subject was reported by IN
, Joint judiciary committee of the Hous
> and Senate with a recommendation
that it do pass. After cOnslderabl
, discussion the bill was returned to tn
f calendar.
632, to amend section 2l2 of the Cod
: in regard to costs in pauper suits
: passed second and third readings.
REVENUE AND MACHINERY ACT.
/ Sections l, 2. 3, ! and were adopted
Mr.. Monroe offered to amend sui
section / of section 6 by addin
!. ''where property is under mortgag
; only the value of the equity of redemE
= ton shall be assessed against the NOR
= gagOr: end the interests of the NOR
# gagee or mortgages shall be assesse
: against the holders of such mOrtgas
: or mortgages, provided that the hold'
: of such mortgage so assessed sha
# not be required to list the debt secure
:. by said mortgage as solvent cred1
The amendment was advocated
$ Messrs. Monroe and Crumpler, and o.
|. posed by Lusk and Hileman. III
amendment was lost.
l. Mr.. Leinbach moved to amend SUI
N section :, section 8, so as to allow ea'
tax payer to deduct the amount of b
rs Indebtedness from the taxable value
Of his personal property. The amen
nent was discussed by Leinbach in
5or and Smith, Lusk and NOrme
against it. The amendment was q
II feated. Mr.. Howard moved to add
&c section II: "Provided further that
n all building and loan associations tho
n who hold shares of stock shall be r
n uuired to list the same for taxation
OF Mr.. Howard spoke very earnestly
s advocacy of his amendment, Mr.. NJ
T. son thought the machinery act prOvi
ed for all that the gentleman fr,
to EdgecOmbe wanted.
e Mr.. McClammy offered substitl
Ut for the amendment. "Provided I'll
building and loan associations sh
o. not be taxed but persons holding stO
"a, shares list the same and shall not be
ne lowed an offset to any debt due
them
Both the substitute and the amer
ment were voted down. Sections
ls, Sl3, IA, Is were adopted without amer
MS ment. Mr.. Crumel moved to anne
on section Is. subdivision ) by striki
p out in line 30 all after the word wall
e to and including the word ''debt(
OF The words to be striker out are: ~
party may deduct from the amount
on his credits owing TO him the amount
collectable debts owing by him
OF principal debtor" This motion. al
much discussion, was lost by a vote
hu 81 to- Al.
nd Mr.. Hileman moved to add to sect
16, paragraph 5, line "A. "All fore
Building and Loan associations do
-. business in this state shall by II
20 secretaries or treasurers' list for
~, w alton its stock held by citizens OF
~ State in the county, city or tt
where the owners of said stock res
a.s That in listing said stock for taNa'
the withdrawal value as fixed by
-, bylaws of each company shall be fl
.nn ished the list-taker and the stock 5
vi be valued for taxation as other n
al, eyed investments of citizens OF
,Ia State. That any association or OIL
10 of said association doing business
CIV this State, who shall refuse to so
7"rf rhares of stock owned by
VI zens of this State for t;
' 'nI'' ton, shall be barred from doing b
ness in the State and any |
nv officer or person who shall collect I
ans assessments, premiums, fines or III
hos est from any citizens of this ;
U.s. U.s. for any such association, which
say failed or refused to list for taxa
the stock held by citizens of this ;
I'll Ill shall be guilty of a misdemeanor,
l lon. subject to a fine or Imprisonment
" af both at the discretion of the CT
&c u That all of said taxes shall be pai
hills the association listing said ST
30; The motion prevailed.
,nr Section 80 was amended by B
10y of Chatham so that line ! shall
THE board of county commissiC
lock i.h hn of dnpC