AFTERNOON SESSION.
ALLOWING SEINING OF FISH.
Mr. HENRY introduced a bill [S. 336] to amend Section 1 of an act for the protection of fish, approved February 21, 1871 [so as to allow seining in the month of November], which was read the first time and referred to the Committee on Agriculture.
PETITIONS AND MEMORIALS.
Mr. CHAPMAN offered the following:
Resolved, That petitions, memorials and remonstrances may be filed by any Senator, at any time, with the Secretary of the Senate, and referred to such Committee as the Senate may designate, and so entered upon the journal of the proceedings of the Senate.
Which was laid over one day under the rules.
POLICE JUDGE FOR INDIANAPOLIS.
On motion by Mr. VAN VORHIS, the bill [H. R. 34] to provide for the election of a Police Judge in cities of 60,000 or more inhabitants, was referred to a Special Committee, viz: Messrs. Van Vorhis, Marvin, Chapman, Kramer and Shaffer.
page: 28[View Page 28]REPORTS FROM COMMITTEES.
Unde a rule of the Senate, Committee reports are placed on the files to be considered when the bill comes up on the second reading.
Mr. SHAFFER, from the Committee on Rights and Privileges, returned Mr. Graham's bill [S. 258--see pages 135 and 183] to provide for orphan and abandoned children, with a report substituting new matter therefor.
Mr. WOOD, from the Cosmittee on Insurance, returned Mr. Coffey's bill [S. 304] to increase the taxes paid by foreign Insurance Companies, with a recommendation that it lie on the table.
On motion by Mr. COMSTOCK, his bill [S. 306] concerning the Richmond and Liberty Turnpike Company, was read the second time and ordered engrossed for the third reading.
BILLS READ THE SECOND TIME.
On motion by Mr. WOOD, his bill [S. 220--see page 114 of these reports] in relation to highways purchased by the State of Indiana, and legalizing sales of such to Street or Horse Car Railway Companies, was read the second time and ordered engrossed.
On motion by Mr. GRAHAM, his bill [S. 81--see page 51] defining the manner in which certain lands and other property within the limits of incorporated towns and cities may be taxed, etc., was read the second time and ordered engrossed.
On motion by Mr. WILSON, his bill S. 254 for the protection of fish, defining certain misdemeanors, and providing penalties for the viololation of this act, was read the second time.
The LIEUTENANT GOVERNOR was about to put the question, as usual, without waiting for a motion, to order the bill engrossed for a third reading when--
Mr. BROWN objected to ordering the engrossment of bills, thus placing them beyond the reach of amendments without a reconsideration of the vote, with so slim an attendance of Senators.
On motion by Mr. CHAPMAN, his bill [S. 164] to amend Sections 6 and 16 of the act of February 8, 1836, incorporating the Indianapolis Insurance Company, was read the second time. He said this bill refers to the Bank of Commerce, the successor of the Franklin Insurance Company, which was organized when the Senator from Johnson (Mr. Brown) and myself were boys. The only change in the charter this bill proposes to make is allowing the Directors to be elected by the stockholders on the same basis that prevails in all other corporations--each stockholder having one vote for each share of stock--in that respect changing the old law, which did not allow stockholders to vote the whole amount of their stock. Another change is, that instead of using the phraseology that every stockholder shall be liable equitably, the bill makes every siockholder liable in three times the amount of stock--in that respect making them liable once over again from what stockholders in National Banks are. National Bank stockholders are liable once over again more than the amount of stock held by them. These are the only changes, and they affect only the stockholders in the Bank of Commerce of this city.
Mr. BROWN was always glad to accommodate the Senator from Marion (Mr. Chapman) and on this occasion would not only refuse to object to passing an order for the engrossment of his bill, but if the Senator so desires would also move to suspend the constitutional rule. [Laughter.]
The bill was ordered engrossed.
On motion by Mr. KAHLO, his bill [S. 219] to protect freight and freight care, definng a felony and prescribing punishment therefor, was read the second time and ordered engrossed for the third reading.
On motion by Mr. GRUBBS, the bill [H. R. 340] to legalize ordinance No. 53, passed by the Trustees of Edinburg, Johnson County, was read the first time and referred to the Judiciary Committee.
Mr. YANCY--I insist that the business we have done this afternoon will all have to be done over again--
Mr. BROWN (interrupting)--I make the point of order that the Senator is not in his seat.
The LIEUTENANT GOVERNOR--The point is well taken.
VOLUNTARY ASSOCIATIONS
Mr. CHAPMAN moved that the House amendments to Senate bill No. 32, to amend Section 2 of the voluntary association act be read for information, and if there be no objection that the House amendments may be concurred in. He said the bill contemplated an amendment to the present law so as to admit the organization of Companies for the purpose of dredging and ditching of rivers and creeks and the improvement of harbors; and all the House did was to add clauses allowing the formation of Hotel Companies, and Companies for the purpose of dealing in real estate, limiting the capital to $100,000.
The motion was agreed to, and the House amendmendments being read--
On motion by Mr. LANGDON, the bill and the amendment were referred to the Judiciary Committee.
PURDUE UNIVERSITY.
On motion by Mr. LANGDON, his bill [S. 177] relating to the endowment fund of Purdue University and providing for the re-investment thereof, was read the second time.
The LIEUTENANT GOVERNOR was putting the question as to whether the bill should be engrossed, when--
Mr. YANCEY interrupted by saying: This is not a Senate proper, and I object to ordering the bill engrossed for a third reading.
Mr. LANGDON explained that this University was founded upon a grant of our Congress of land script which realized $212,000. The Trustees, by careful management, have increased that fund to $340,000. An act of Congress provides that these funds can be invested only in certain specified securities, drawing not less than 5 per cent. interest. This bill asks authority for the execution to the University of a non-negotiable bond for some moneys that will be returned to Trustees on the 1st of April. That is all there is in it.
Mr. YANCEY withdrew his objection.
The bill was ordered engrossed.
INTEREST ON JUDGMENTS.
On motion of Mr. WHITE, his bill (S. 94) to amend Sections 1 and 2 of an act concerning interest on money--to make judgment follow a contract for 8 per cent.--was taken up.
Mr. BROWN objected to reading this bill the second time, and made the point of order that two-thirds of the Senators present did not vote to take up the bill out of order, as the rules required.
The PRESIDING OFFICER (Mr. Henry in the Chair).--The bill was taken up by consent.
Mr. BROWN insisted that he was objecting the whole time.
The PRESIDING OFFICER--The Chair so decides.
Mr. BROWN--I appeal from the decision of the Chair.
Mr. YANCEY--I move to adjourn.
The motion was agreed to.
And so an adjournment was had under an order heretofore adopted until Tuesday at 2 o'clock p. m.
