Newspapers / The Raleigh Register (Raleigh, … / Dec. 27, 1825, edition 1 / Page 2
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Bn ATE ON Tf IK' B ANK - i-Contintred. I, ' The b'll nn nfises to rrf ate a Hank on the "funds fcnd fail hi of . ths Stxte-r't enacts that all the nroperty belonging to the State, of ever v description whatsoever,"! nds, stock in a 'battle, h ridsetes aw thV; proceeds ofs va- fctnd lard shall be vested in the president. anil IHricinvs t? mi T-'iinKn.n.M " o onnUal". ' And the faith ;.f the State is ple;!g- " Cu i" tne Fyppn ois Huui ivuir. v -also t;Tnv:des that three hundred, thousand ; dollars l-dl be borrowed on the credit of the (State; ly: the officers cif the bjank to fbrmalsp ', .a t art of the canltal.:: v-v. " Mr 1 S. said he was disros d to.; test the lla-ik fairly, nnd would therefore suppose " that this niohe v was borrowed--:! nd he che- on loan that sum or anv largerlsum she "desirr ed. withovn s ndtnW from the State to pro- finH Tim IJfllC"! . I Hill , . nmit, vvuiu iii" TKmr cent interest; t The State of Virginia 5 hud , lately-borrowed i of one of her Banks '''i,2b6,0ol"at;"fiy;e per cent interest and the Tin ted States Uad obtained hftns at four nd and ; n :a!fy,ner cent.' JIc, would .however ' prt:sunie, t.sthr advocate Ar the bill seamed to prefr t, that the vn oey was borrowed tot"?- N-';r? ulbere '.. HV would . leaf it. wit t: the expehcr of brine!? p it her v as he '"Buoti'lac wins ahd return. ; - ' llavlnjr a'so proctm d his officers and ele- irni bnuk notes, the bank commences its - operations by issuirip: its notes, not to th rnvount of three'jm ts i's capital, as -gentlv-roeiv itt Iietr visiojis calculate to do, but to twict- the amount f of the moi.ey borrowed) nlthat i .ix hnndred thousand dollar.- Thesi- notes are isu d accordintr to the i ro 4islons of the bill upon bonds, o whicb one tchth Tiy is to bf 4ayal)le evtiy six month. ' l?or whatever purpose f borrowed, i he notes jet into circulation, the current carries them as it ?o! othet notis nto the link ofthe tjnitcd Sta;e, into the other B rik 'and into the bands of the .Brokers Corporations !ave Yio onls, a learned law vrUer has gravely told us,' nor have they any feelings but for 'their own interests. Individuals have nearly " iho same vr fere nee of their own interest above tliat of other individuals, or even of the States- The people 01 ine atate Demg-, on the whole, largely in det in their inter- course with the northern States, funds paya ble a the nrth or specie, are always sought ' for wh avidity for remittances With. these ix hundred thousand dollars of your new Bank ' ;tv hir !atul ': with the knowledge that xxa have northern funds 8t specie, lbey vil! not merelv rttnjthey wi.i ,rus!i uponl c Toirr Bank for payment : their haste will be r "tncrased by the knowledge that von have onlv three hundred thousahd dollars of funds, and have twi ;e that sum- to discharg; and that the first to apply, will probably fa e pest. S me thtrefore of the notes must go tinpaid, ludess by. a miracle thr e can pay six. You can derive no help from ypur debt ors, to- whom you .loaned these notes, bo cause their debt is not payable but in'tenths at every a'f rnont Us, and should ev, ry debtor be punctual at the end oHwelve mont b", you will have collected only two tenths, or one hundred and twenty thousand dollar?. If a ny one doubts this result, I bep him to hok to toe rtate of things existing in regard tathe present Banks. The endure all the runs 1 h ve mentioned as likely to visit the new Bank : thty pay some specie they procure funds at the nortJ at a Cfnsiuera!de expense md thev pay interest: on their idebt-when 4t,.,vl-inct'lnirto'chi'rffe They &XUirzZTZ i ...:u ,i ft , . : vith sxi'.ts. Yet sir, these Banks have milli ons due them : of which, much daily becomes pnvab'e. They have seventeen offices dis tnbf.ted through the State, and tinder the di rtxtiwi of a. grat portion of its intelligent cajiitahs's. .If with these means tlie existing Bawks are finable to pay punctually, what ran you hope from your new Bank, occupy jwg.on'y acorner of tfus buihting; with but a ' share of t!ie business of this city and with its seven ' talesmen' directors to supplvi its fu ds and sustain its credit, do you suppose the present Banks have the me;.ns to pay .-punctually? that the difficulties rt presented as attending them are not real ? Let it . ot bcbelieveil, sir, a man in soun i liealth would a soon stibuiit to be bled and bli!.tered,sas ei- Uier oi yimroi' s wuuiusuiiiu iuuc uun red and sued, if they could avoid it. , , Sir, said Mr. S. this picture is not too high ly colored. North-Carphna is unfortunately - so circMmtnced that with but Ht:le beivfi't, -of foreign commerce, she is a debtor. Stte, and such she must remain until some revolu tion in nature sha'l remove difficulties, or some great agricultural change, supply the ipeans tv overcome t!iem Upon the articles ' imported into this State from the West -Indies, a dut' is annu dly Iaid by the citizens of the State of about two' hundred thousand dollars nd ofthe pTce of the merchandize im ' port d by, our merchants at the north, ex. eroding "a m.U!on .of dollars a year," not less w.duly paid to ,.t!e United -Slates these; 'items , m ilte yon" hundred ; thousand dcillnr-xvhch u tlif eoiis.imt-rs here nav to ,nvrmminf fanrl t(r wtucn we nave no reuirn. , I he means to ' pay these. sums are dhiwn from the banks : aid small as they are in the accounts of the .governments they are a heavy draught on the. ch sts of the banks. t ., "v 1 conclude, thei Sir, said Atr. S. that in less than five months your new. Bank will l.r.ve parted with ail its borrowed Capital, and that a large nir.ount of its notes will re wnm unpaid fr want of mopey to pay them Undrrr such circumstanced, the botes of any Bunk' would depreciate, but the depreciation on these notes would be greater than on any - . . 9 ' other, because ine iioiciera can nave no re dress by suit the Stite cannot be sued ; the p;iym tof the notes would,' as we'satj be tl intleKn'teh postponed," and for that reason 'could-onlv ttass at a great depreciation-in a fihort time5 it wotdd take one bnndred dol lars of this money to purchase a horse, that sixty dollars of other money' would buy this loss in vamc wouki iau upon me wnoie com- nuin:ty, amLno Individual cbtdd avoid bearing square ui ii. - u j nu uuum uic protJHOujry p; Such a consequence; from "this project, cast bnr eye. s directed by th'e gentleman from Cuncombe, which the gentlemanfMr, Swainel honors by representing, to Kentucky, Ten- Tjcssctr mm .tiituMiu, jyucre eucn , an expert went has been m ;de; and has had such f result ; l hare described. But, Sir, these ir- Kf rs oi ramiern times are not easijy Ui. vertva r.mm their -pursuit they have the V So'-mI" nd. Sbylock l.ke, they insist on the ' pound of flesh." vYour Gashr?has nojuo J1 ""er them payment inftlHy shares - tuvipir vi. me. oy.icr nans now awn ker'a ptirposes, who-e shaves op rations n a n .rthemxitv.reqtiire rash-the "stock must therefore be sold The money tb be jaised' b -ine for b fokcH' on the VI S. B ahk, Capjt.4 aMsta wno n:iv an inheres hi ur ri'iuj, Ttn'ns. wdl either not bid, since the money i o be raid is" to cro to iniure .'he'Bankstrr thev wUl purchase at reduced prices, ? f So tuut 7 he oneranons c?t. ijus iinniiiy f-J, , will in a few months be brought to t ins re suit ; The State, will owe on; bonus, tnree iWdred ..thousand 'dollars ;itBtiolc5fMocic ill have gne into Market and have been sold nerov p r ; uichicmuv ..-- the Itnhks to the amount of sixty thousand rinilon w 'hive heen cut on : taxes win uc required to sunply Us pe hTthepubdjc . ''"vmir rbemes of imnrovetrent will abandoned, because the means 'of ',ryrr hm t.n have been swallowed in u Vti. Vii'tnt r voir will have in ex ehsne-e fcr all you have parted with a bundle oftintes of persons scattered m every corner ' f the State, to be hunted u t oy nerui, and perh-.p to be discharged as insolvents. ese results are inevitable -nothing but Uclnn of the v Philosopher's Stone" rnr ni.n nv thintr into crfdd, 'an make nl to mnnev. or save tne In st i nt Ion from bankruptcy. ; n ' s - ti4 o t;d intended not to jro into an W.mrnt1nn hf the dHail of the bill, but would exnos to the: notice of those who h id not examined it, nome of its principle features. It provides in the 14th section that ton ns shall be made on real sec urity , in ine tmiowrnK manner. i r lJ' " . v.W.n from an Htrent of tl- Bank, in every Countv, a certificate of the vahje of his land; with this certificate and bis title deeds-, he is trk nom toale"-h. where his titles are to be v,m;n ,1 hvxtl directors, who. if satisfied with their appearance, uor uic,.yiiii i" sihlv tell bv lookincr at deed whether tht land is clear of elder titles, or whether it is fren- from iudgments or mortgages,) they are to lend him One .third of .its vahie, takmg Ved. of trust to the County-Agent, and tht Arhinr rWs not' trtmctv d!u nav his bond, b' cr dit is dec'ared fbrfe tT d," the agen shall im mediately sell the land to pay the debt to the Bank, taking .care not to bid more than the vn'-third of it value for which it is rnOitirajred tcMie !an flere, Sir, s the bountiful relief tivs Bank calls tip. on-von to cirnie T orn all the corners jf the State to receive! . . I Without avy i',dui rrice tor a tiavs deny; i texoble as fate, l'ei'her the destruction of Tops bv storm, the loss of propcrtv hv fire, n -r disease, nor death can sav the sale without any suit, fuvl without anr equitv f .rrdemption, vonr land must be sold, for one; third of its value ! 'Hie section presents a neif-ct trap for the unwary-r-Was ever hope so mocked was distress - ver so abused! The 16th sec'i.m f the bill de dares th this mor;gige shaU be ! livered to the coun ty a?rent, " md shaI be considered as record ed from the date thereof, an t sh-d! h'tve pri ritv &c." Our ex:sting laws rdu'r ihat al morttraires and deeds of trust shall be regis tered witlii' sir months a valuable provision to prevent fraud t mm secret and concealed co veyance?. But this bill does not require tftat the deed to the Bank shall ; be recr at nnv time : it enacts thit in the d. sk of the srent it shall he covsidered . t9 he recorded. Was a scheme so p rfectlv alculated to in vite and conceal a fraud, ever be fore so cu- nimr'v devised! Having shewn the little good anil great mischief which this Bank project w ,uld pro duee to the St ite :.nd to her citizens, I shal consume but a Tew minutes more n Texamn- nrr the foundrition of the opinion, that this Hank Is in anv wise necessary. -' The bill comm'-ncrs with the declaration. that ? it is expedient and beneficial both to th--'.Sa-e anrl to the citizens thereof, toesta blisb a Ttink be owned exclusively by the State " rroni me examination ne nmi beeni able to 'give the subject, Mr. S. said he was convinced t'ie operation of the plan pnrsed would not be beneficinl, but oh thermtr i y, i;i a hih degree disastrous to the State,' and ruinous to her citizens, and consequently It cannot be expedient to adopt it. In co s: lering the subject, Jt may be profitable, St hence it is adv able, to take a view ofthe pr nt te of the f tiads of the State, upon j wlnVh this bill is inten It d to operate. : j The State now owns five . thousand ! fiv hundred shares of the Stock ; of oftlie Stae Kank, and ofthe Bmk? ofNew- ero and Cape Fear, m.w wnrt! half a mil-! lion of dollars, "anil yielding to the State, in lividrndsand tax. ;e ir v sixtv th'ousaid d '- lar- per year a sum exceeding the rroduct jf all h" direct taxes of the St -te. whic'i sum 's paid y 'he officers ofthe: Ha ik, without the' ch wire of one cent for collection. The I Banks from which this r v. nue is derived are j managed under .the inspection of the officers and Legislature of the Sjte, by Director chosen by the State and by intlividuals, W h? .wn nearly s ven-e'ghts ot tie whole CMpital affortlirg the best security tbr.fait.ifu- man' gement that can be devisetl that instinct v which men pursue their own interest, and which has given birth s to the maxrn, that those agentsare most faithful, whose duty is their interest. That theBanks have bevn faithfully and ably managed, " is not directly questioned, but to remove doubt on this head, Mr. S. sad it was only necessary to ex mine their present condition, as shewn by t!ie report of tire Treasurer on our ta bles. , In th midst of the convulsions and rev Juons, which, for several years"-have visited with distress and rum, the com mercial wor'd of Europe and' America, and which' to the present day continue to shipwreck the largest fortunes, and blast the fairest hopes; our Banks have stood firm. Such is the confidence of the best inf.. rmed in their stability, -that when every other spe cies of property has declifu-d in price,' their stocks remain at par : their notes are receiv ed abroad, at the small discount of three to four per cent, and their dividends have generally kept at eight per cent. The State Bank owes to the holders of its notes and to deposits, one million nine huri- -tred and eighty thousand dollars, f $1.980.00m To meet which, she has funds in bonds of individuals, in specie and other property, to the amount of three millions six hundred and eighty thousand dollars, ($3680,000) leaving a nett balance above her debts, cf one million seven hundred thousand 4 dollars (l,7U0.00a V The Bank of Newbern, with half the Capital ofthe State Bank, owes nine hundred and for? y-eieht : thousand vdallawi (948,000,) and has Ifunds to the am.mnt. of one million eight hundred and twenty thou s ind dollars ( 1,820,000,)! leaving a i balance above her lebts of eight hundred and seventy ibousiod dollars ; (870,0000' The Bank oi Cape.Ve tr, with the same capital as the Bank' of Nen bern, o ves ei-rht hundred and eighty thpuwd dqHjir's, (88000,) and hxsJnnfe to nna twty-sixnrtoirsan -t cours . 1 i'4",uuu, j leaving a.b'dance above lief debts "of, eipht hundred and sixty-five 'thousand dolors ( 855,000. ) These exhibits t shew tliat the nauKs ' i'"1" ww.ViVw.v.. rtfOs, ottnree minions lournunarea mousanu dollars, (3,400,000.) The, ability of thtfr fieniors to nav. tieocnuinir in nan on nit- vi cissitudes ot commerce, some portion cf tneif debts mav oe iosi s out ine wnoie oi uns sur nlusmust be lost!" before one dollar of the debt ther owe .can be lost tor want oi iunos -io TaV 1 1II1C VJ113 in IUHJ Muaiai.iv- ry to those wno nave an interest mine siaun itv ofthe Banks, .the alarm is sounded that the debts due the Ba iks will be collected tn spe cie, and the debtors be ruined i ' Mr. S. said he had alreadv examined the ground , of this nUrm he trusted he had shown th t bant notes Would pay bank.-lebts, but as to those who w-uld not be prepared to "pay at the ex- p'ratjon ofthe charters, ten yeart hence. he feart d f jthere were some who'-would not be prepared to pay, if the day'1 of payment were postponed to the day of Judgment; From this view of the standing'of the Ranks as to their creditors and Stockholders Mr. S. ber ged the House to turn their attention to" the operations ofthe Banks in regard to' the in-. tereats ofthe State. Atthe incorporation of the Banks, the State had a very small amount of fun-Is of anv s -Tt, and owed a debt, of three jmndred thousand dollars to the holders of her tiapr money. 4 Since hat per! your taxes have been moderate, but 'little more than have supported the government, and been wasted in ill-conducted attempts at.In ternal Improvement. - Yet by the sole ope rations of the" Banks, their contributions in bonus, in tax and in ilivKlends, the whole pa .per nvney debt dias been' discharged, and the State owns more than half a million of dollars in stock, bringing in a neft annual Te venue of near sixty thousand dollars. Sir, said, . Mri S. before we give onr aid to over turn that which, is at present soi stabre be fore we undertake to change the direction of the stream that now flows so smoo'hly and prosperously,7 let us with3 caution examipe the inducements -held forth to tempt us to Ltbe . experiment, and ' he " probable conse quences to foIlowthe passage of the bill be fore US. ' V',-; :5 v:" .; ir " Mr.S. said he would next enquire was there a necessity for ahothersBank ? In his opinion there was not. The existing Banks have in circulation above three millions of dol lars in notei, besides checks on deposits which daily.pass as money, and an immense amount of no en of Banks'of other States- and of the Bank ofthe U. States. There seemed to o- a suffic ient circulating medium to an swer the purposes of trade, since cash was r addy obtained for all protluce brought ; to marke at prices as hi - h as lie demand would just'fy, and in the op'-ra'ions of busin s it s lould be remembered, ten do lars passing f r m hmd to haml - wouldvin a few hours pay one hundred. To ascertain when there was as much papr aflo it as trade required, it w s the best ride to judge by its return upon the Ba dcs. When too large a quantity vras is sued, it niust depreciate or re urn, and we have the best evidence that the notes of our Banks are daily returned upon them for pay-ment--to meet these demands, Specie and Bills on the North are procured at considera tde expense. Spanish milled dollars, though s'ill answering the purposes of money are s ught for as an article of merch ihdie---they are shipped to India and bring more profitable returns in tea and other articlss of that coun try than any other shipment and even now command in the northern Cities, a premium of 1 per-cent. above the best paper of the United States. The ' (Tect of this demand for specie, with the .natural return pf notes from excess of issues and the hostility of the Bank of the United States in gatherincr their notes ana aemanuing payment, snew that there are j'f not rnore, at least as many, notes in.circula- i,w 1 a :ic necessary, ana mm an tn- enors ofthe Banks are barely sufficient'to keep up with the runs upon them. Shewing this, is proving that there is no necessity for another Bank. Another Bank, no betler than those existing, would but y ;e'd more v hinder to ihe tapacity of Brokers and hostile B.ink-, and by n! oging the quantity of notes in circulation, would in the same proportion reduce the bu siness and profits of the , existing Banks. The State has no i iterest to gratify in pr: ducing these t fTects.. But sir, if it is desired that the State should en-Tva-e her interest in Bank Stock, she h is only, to continue tise course aheady adopted for some years past : let her bank dividends and tuxbeanhuallv in vested iii B-nk. Stock, thus compounding-1 her profits, ant H'she cannot acquire in this way as much as she is ahle- to pay for, she cap at the expiration 6 the present charters, -rrant new ones, reservinar as much rnore as the afcitesmen of tht d.y iav think proper. Mr. . said i e wastully aware of wh.st the gentleman from Hockingham, (Mr. Martin,) would say of the existence of, a banic owned by tlie State of S'?uth-Carolina of which the one under discussion was an humble copy. That there w as such a Bank he admitted, biit as to its situation, of the peril in w hich- it stood, of its arts to ke p . lip a lingering ex istence by large issues of small notes, he would p'ace what the gentleman froV Bun combe told us he kneio in opposition to what the genteman from Rockingham should tell US he had heard respectirig itv. But, sir, said Mr. S. ifti'e State of S.Cai olina, with a large and wealthy seaport city, md commercial ad- ...la.v,-, surpassing ours, can sup- pon sucn a Mantc, does it follow North-Caro hna cab al-o support one As well tell me to disregard climare, &. soil, to discard cotton and corn, and plant sugar cane 'and cofTee on my farm, becnuse the cultivation is profitable in Louisiana. " V f " ' 'r' ; f r I have-before said, said Mr. S that Banks are safest in the hands of : those who have an interest in 4?heir mahfieement let me reier on tins point, to the decision of others, wiser f I must "not say, but certain ly more, verse i in, matters of "this "sort than ourselves. ; The Bank of , England, which from its extensive biismess" and cnntrnlllno- In fluence might be cullrd the Bank of Eun.pe, is owned by indiyiduals.v The United stnts in establishing the first and seed, d Banks of the Union, reserved to themselves a small portion only of the stock of the present Banki onlv abmit oi Seventh part,the residife being held by individuals Such has ben the course pursued, he believed by every S'ate that had Banks, except S. C arolina alreadv mentioned, and Kentucky, and Tennessee, and the information we have of thie last, that their'note ha ve depreciated fifty per cent, should teach uslto shim their example, if we desire to avoid bankruptcy. " . -: i .The gentleman fri.m Roeki mending this his nroject, has said it wa8 the orldl Mr. ie evidence arc t A ttf art- 7? - &uaraeu institution, m i he w S. said be had sought in rain fort! vi its security. Seven d rector esYslhic- ftanks yeni:dov nearly or "qiiite all f incupersnns quann ti at uns piiuc:iit- hji t-v.v i ors or a if an ic. ne;naci caueu inerrs new iau : gentlemen " talesman directors," bystanders. wno-tney are to tie- is Deyoou my puwns divjne, but, whoever they rnay be,' of the tevfi fottr are dearer to be a'qnorum for business, pf these four three are a majority,, so that all the firopeTty of the State is by the bill placed ri;twU! rFihrrrfTien: Tiut thev niav be sued,- savs the bll--arKl if, as the oill pro see the Marshal of the U. Stated, vrhbse hand reach from the. ocsanto the mountains, rover! ine the whole with -a Federal Court" execu tion, and our vacant 1 inds, fvcn the ' State of Buncombe so Vailed,' may be exposed to , i t.Tio j-!,t. puouc auciion. i conies, sain r. im.- ludicrous enough, but it is - also, melancholy enough' - ,-. ' -jy .- : rThe ceritlemarr from ltdekingham tells its, mankind can be madeo b'eli ve any thing, and finv this he , gaye the authority of Mr. Sheridan. ' ' f Mr. Martin explained-.-IIe diil not attribute that sentiment to Mr.' Sh jridaUj but, that he hd, said, those ;wli un lertook the fatigue of thinking, for themselves arc few. i Theii r said 'Mr. S? the first sentiment belongs to the gentleman himself t the ere dulity of man is indeed great. J since tlif practice nnon it by1 the wag who collected a crowded theatre in London npon hns promise to go into a bottle, he -.had. heard of no bold er attempt to t prafcticie upon its credulfty," than the attempt of. the gentleman to per suade us to trust all ourfiinds, property, and faith, to his management,1 or to the manage ment of those appointed, under, his bill; ,Yet sir, there is a facility iiileceiving ousselves as well as ' deluding" oth rs, and the gentli man has actually brought s himself to believe his plan is just, wise and necessary. I wish the. full and calm discussion of the subject'on this occasion, would convince the gentleman of his error ; but, sir I fear the g-ntleman willnht retract-- for, like the amiable". county schoolmaster, described in a favorite poem,' E'en though vanquisliM, he can argue stiB!' - - --;-' r-;. ' ' : . - Upon the whole, sir the scheme appears to me to be visionary in the 'extreme, and fraught with danger to the best interests of the St ite. I hope" it Will be permitted to sleep at leastfone year longer on your table. In the mean time - the. gentleman can conti nue tp m ke It the theme of his public ad dresses to his constituents --and aguiri be flat tered wi'h the echo of their a 'miration and applause. 'But I would ask pardon for ad vising him not to .rely too much on the cision of--" those" who seldom 'think for themselves- the multitude., though like Sampson, strong, like him, are often blmd. . (Debate to be continued.) - . HOUSE OF COMMONS, : " Thursday, Dec. 22. i f - r , ,Mr. V. V v Jones presented a' bill to makt an appropriation for clearins: out the flats below Wilmington. Mr. Wilson, a bill for the better re gulation nf the County Courts 'of Wil kes. Mr. Iredell, a bill to jn corporate Eastern. Lode in Pasquotank county, i James A. Means was d eel :t red duly elected Colonel of Cavalry of the 11th Brigade, r. - .. ; , !" vs. ; - r, "--' f . : " ' -1 y- Mr. Scott " from the Judiciary com mittee, imported a bill , directing the manner in which the costs of sujts de cided jin the Supreme Courts shall hereafter be collet teti and -paid over Provides tliat. SherifiTs'iri all execu tions1 from the Suprem? Court shall pay i n to the office of the r Superior Court from whence an appeal was taken, the costs due in said Court. Mr. Swain from the select commit tee on the subject, reported a bill t erect part ofthe counties of. Buncombe andBurke into a separate and distinct county. -Thi9 bill was ' read the; first : 1 '15. , . r Lime iiuu inueuMieiy postponea on mo tion of Mr. Drake. . - - - -i. ". Mr. Spruill from the select commit tee on the Subject, reported that it is inexpedient to establisha Penitentiary at this time. t Mr. Swain presented the petition of John Mac Kae of Fayetteville, 1 stating he is about to publish a Map of the Sfate and asking fbri a loan of 3,000 dollars to enable him to effect the' work. Referred to a select cojrimittecjj i , " Unfavorable reports wire made on the ; petition of Will iam Hooker and others, and the memorial of the officers of the Sunday School Union of Orange', and a favorable report on the petition of Villiam L. Hill of lOnslovv .the two first concurred in and the jast. re jected. J Friday, Dec. 23. itir. iioiianu presenteu a Dm to a niend the 9th section, of an act passed in directing the method of elect ing Members of Assembly: . fJPi-oposes! that ;ther polls rniiy be opene at 10 o'clock in thV morriing Instead of the lOur iiovv specified. 3 s . -,, ., k , M r. Iredell from the joint committee of Finance, who were mstructcd " to burn the defaced Notes i h tVe Tre.isu -' ry, reported that th eythade xamihecl and caused tq ;be3urntiinl their pre i a . j - . sence, &1 3,984 35 in worn outills of that f 1 esr.rihtinn-wH . . ' i -hi which '5 Mr. -Gordon presented a bill was read three times', to amend an act parsed in 18 14. for the better reula " tion of the towhipfJyikesboroVl t ' 7. Mr. Donoho from:he committee on Internal,; Improvement, to whom a re solution of th House on the subject vas referred reported a bill directing the Boardof IntertainmprovemehtHo make tcohfHicts .with "such ipersoris as may hereafter undertake any ;of the public improvements in this stite and to take bond and: securitr for tne per formsnce1 of the sarp. 4 T 1 fv poses, all the vacant lands in tne; ?MaTe is 7;stt ; ed irr t'emj and i einiTSO Vested;it shoUld be. liable to iudjrments atraihst them!wes!iail ...-. t .. . .- i Vpinam-Nevon . .rW' ywcnmng the clury of i T. Attomey Gcnerl vvas read fhe tune f. and amended by rerali - V? Partf acts under ;wh!c!V tne Solicitor two S6jcitor3 fur the third and 4"th v!?: andhe bdl as amended pa its thinl rer.dmg. ; v ctiug .the oani: of intern d 1. w?'" to solicit t,ic I'rsiclent and Directors of the Iloanoke ' Navi at U eWoru'; Mrl Iredell thedn-defihite'p of the Ve suiiwu. Huivii wax cairieii.; reas 83 ;id)9 Jit i - - . Saturday. Dec. 24. Mr. Lassiter. presented. a bill tsViJ alate the pat folofvI;enoir county, i ' Mr.; Pico t from the select-commiH reported a bill authorizinga loan to J, V? c :i ut ' .u f..i.T? .- C wc am nun in uie puuiicaiion 01 a Map.of -rhisxStatei ' ) f f v : V ' h - ; . Air. V llson; a 'bill to- -amend the first section of an act passed in 1320, concej-mhg theinarriaga of infant fl males: .' '-. .V1.,. ' - v ' ; M r. Whitehurst, a Ull to repeal prt of an: act. parsed inVl 18, atithorfzin tjie County Courts of Craven arid Cum--berland to appoinT special Justfcos.-c. Mr. Drake, a bill to provide for the payment "of Juror in Nadh ' ountv. f ;-Mr.-'N- Jones, to'establish :a Poor House in Granville i County. v j V 'Mr. Drake,' to , i ncorpor te .Moridno StaV" Lodjje. in the , town of .Nashville! ' t Mri 1'Caley,.a bill tu appoint 5.oihl missioners for rthe village of Chanel Hill.MU--U(V y - ,: f : Mr.' M'M illan a bill concerning th& County Courts of Bladen. - ! ' Mr." Spruill, a bill to' alter the times of holding the'Superior Courts of Hali fax and Northnrnpton. ' v. Mr.. Atjams. a bill to 'incorporate Fellowship Lodge No. 84, iii Johnston county. . :', ; v - - ." '-. r . j . 'C Vr Ellison,; a bill to. appoint Corn-inissioiters.-Tor the . town of Bath, in Beau foi t,5 &c -which bills were read the nrst time." : 'V; v; sen ate.,:, ....- ; Thursday Dec : 22. ; v Mr. Jones of Rowanpresented a bill: for the better protection of Public Bridfl---es owned by Indfyidualair corphratioas and " prescribing the v punishment for lurningithe..sainc.'V ' v i, Mr,-V.inhook. a bill to alter the tim of" holding the County Courts of Per- son. ; M r. FormyIu vaJ, a bil I limiting the time within which prosecution for cer- tajn oTefices shall; be commenced. ; : .Mr. Harreil,-. bil to repeal in part, several acts of Asseuibly . respecting the sales of land undr execution. a J Mr. Sneed a bill for the relief of th Trustees of the AVilliamsborough Aca demy, t;. '-klX : J ' Mr. Pickett, . from .' the Judiciary Committee, " reported a bill to proyiclc for the security of- persons purciiaVmg slaves, sold by virtue of executions is sued by Justices of the Peace which k;i!o ..' nn.t M. k r,j. rju ? r wtl..- .v vuvi III W - til f U1C .. f , The bill to authorize, the building of a Toll Bridge over the river Cape Fear and to incorporate a company for that purpise, and the r bi 11 a u t h orizi ng the. Trustees of the Salijbury Academy to raised bv; way vofU'ttery 810,000 were ordered . to be enrolled.- They are. therefore laws. jJr- 1 v - f ; : Mr. Hjli of Franklin from the com mitree oh Ed u ration, reported a bill t create a fund for the establishment of Com inoivSchools ; and for the su ppnr t thereof-which was read the first tithe and ordered to be printed; v ;' j ' Mr Forney from t!ie comnitttee o;i I n t e rn al ; . I m p m v e m e t s to v r h o tn wa s11 referred the petition Qf sundry rihabi-f tatits of Hyde and Washrngtori, repoil ed a bill to repeal the several ac-s of Assembly passed in 1815, 1818, 182i- and -1823 irtcnrjorating a company make .a Turnpike Road fr.m Pungt 5-iver in IIyile?to the town of Plyifioutlc in Washinton countv. hw hi ch was ;- ' M r. P i c k e 1 1 ' p r e s e n t e I a bill to ex' tend the provisions of an act pjssed "In 1822, -Krantins; furtlier time ' to perfect iiucs n .lamia ,viiiwii Mias icau nv first tini n?ifl nasfl. " " -i ;; The engrossed bill to repeal the lOtlC sctuuu u an ati )aseu in. iouw, vi j- reeling the. man?ier in whicn" the, clerksj 01 .sue-oupenor .ourrssuaii ue appjniu-,, ed &c. wa3 read tm -second time; and i n 1 e fi ni tely j wist po n ed oiv tnp tion pf .M r. j Speight" oflGreene, Yeas 31 Nays 19. K - Saturday. Dec 24. ? ' 1 'The foilbwinsr biH were presentr;; ed :- ? ;:? .a,.: ..;r; ,: ;j UJJy Mr.r Gilchrist, a bill to annex pan; of the lower regiment to the upper regiment in Robeson cunty. " " rtBy: Mr.Baker; bill W alter th times' of ; holding t wo of the . County Couftsbf ,Brunsvick.iii: a v j fBylrJ BaughnVia'bill to repeal an act' passed in 1 823 Tor th more c nve-' riient admrnistratiorr of Jutict?' in Countv Conns orRockinjsharn. company to acceptf tha approprmtion mad bj tha :Le-is!ature in 1 ,r the purpose of locking in ? tho t?:t Ointcdby-.tbt: hr.Qsral-A?s?3nMv,' ' As . the J " ? ' . - , . I T
The Raleigh Register (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 27, 1825, edition 1
2
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