Reported adversely to its passage; and the question being, Shall the bill be engrossed and read the third time? on motion of Mr. Barlow, the same was Ordered to lie. Mr. Miner, from the Committee on the Judiciary to whom was referred Senate bill entitled S. 13. An act to confirm certain decrees of the court of chancery; Reported in favor of its passage; and the question being, Shall the bill be read the third time? it was decided in the negative. Engrossed bill entitled H. 90. An act to incorporate the Green Mountain Glass Company; Was read the third time and passed. On motion of Mr. Skinner, of Derby, the House adjourned. THURSDAY, NOVEMBER 2, 1865. Reading of the Scriptures and prayer by Rev. Mr. Cushing, the representative of the town of Barton. Journal of yesterday read and approved. Mr. Foster, of Calais, presented the petition of F. C. Putnam and twenty-seven others, citizens of Woodbury, praying the General Assembly for a repeal or modification of the existing militia law; Which was referred to the Committee on Military Affairs. Mr. Wheaton presented the petition of Capen Leonard and eighty-three others, citizens of Pittsford, praying the General Assembly for repeal of the present militia law; Which was referred to the Committee on Military Affairs. Mr. Thomas, of Orwell, presented the petition of L. A. Austin and eighteen others, legal voters of Orwell, praying the General Assembly for amendment of the existing laws upon the subject of marriage and divorce; Which was referred to the Committee on the Judiciary. Mr. Phillips, from the Committee on Bills submitted the following report: To the House of Representatives now in session: The Committee on Bills respectfully report that they have this day duly examined and presented to the Governor, for his approval, bills with the following titles: H. 22. An act to protect cheese manufacturers; H. 29. An act to incorporate the Winooski Aqueduct Company; H. 40. An act to incorporate the North Bennington Hotel Company; H. 44. An act to legalize the grand list for the gores and unorganized towns in the county of Essex, for the year 1865; H. 60. An act to incorporate the Rochester Hotel Com pany; H. 69. H. 75. pany. An act to incorporate the Cabot Hotel Company; R. M. PHILLIPS, for Committee. Bills of the following titles were severally introduced, read the first and second time, and referred, to wit: By Mr. Draper, H. 130. An act for the preservation of fish in Black Creek; To the General Committee. By Mr. Prout, H. 131. An act relating to arrest of judgment in civil causes; To the Committee on the Judiciary. By Mr. Cleaveland, H. 132. An act to legalize the grand list of the town of Brookfield, for the year 1864; To the General Committee. By Mr. Barlow, H. 133. An act to incorporate the Brandon Marble Company; To the Committee on Corporations. By Mr. Parker, H. 134. An act to authorize the towns of Stowe, Morristown, Hydepark, Johnson, Eden, Wolcott and Elmore, to aid in building a railroad; On motion of Mr. Parker, to a select committee consisting of the members of the House from the towns named in said bill. By Mr. Hamilton, of Montgomery, H. 135. An act to repeal an act entitled "An act organizing the militia," approved November 22, 1864; On motion of Mr. Hamilton, of Montgomery, to the General Committee. By Mr. Wheaton, H. 136. An act to repeal part of an act to organize the militia, approved November 22, 1864; To the Committee on Military Affairs. By Mr. Wilson, H. 137. An act to incorporate the Bakersfield and Waterville Turnpike Road Company ; To the Committee on Roads. By Mr. Merrill, H. 138. An act to incorporate the West Addison Cemetery Association: To the Committee on Corporations. By Mr. Purinton, H. 139. An act to repeal an act, approved November 15, 1864, relating to common schools; To the Committee on Education. By Mr. Walker, of Ludlow, H. 140. An act in relation to the construction of milldams and reservoirs ; To the Committee on the Judiciary. By Mr. Prout, H. 141. An act to incorporate the Sutherland Falls Hotel Company; To the Committee on Corporations. By Mr. Barlow, H. 142. An act to incorporate the Neshobee Hotel Company; To the Committee on Corporations. By Mr. Wood, H. 143. An act to repeal sections one and two of chapter eighty-three of the General Statutes, entitled "An act to tax dogs"; To the General Committee. By Mr. Phillips, H. 144. An act relating to the reports of certain town officers; To the General Committee. By Mr. Page, H. 145. An act to prevent deterioration in the value of lands; On motion of Mr. Page, to the Committee on Agriculture. By Mr. Glazier, H. 146. An act in amendment of an act for organizing the militia, approved November 22, 1864; To the Committee on Military Affairs. By Mr. Cleaveland, H. 147. An act in relation to the collection of town taxes; To the General Committee. By Mr. Hebard, H. 148. An act to repeal an act therein mentioned, and to re-enact section fifty of chapter twenty-two of the General Statutes; To the Committee on the Judiciary. Mr. Hebard moved that the vote by which the House refused the third reading of Senate bill entitled S. 13. An act to confirm certain decrees of the court of chancery; Be reconsidered; which motion was agreed to. The question then being, Shall the bill be read the third time? Mr. Hebard moved that the House propose to the Senate to amend the bill by striking out all but the enacting clause thereof, and inserting the following: SEC. 1. WHEREAS, The court of chancery of this State, in the case of the Vermont and Canada Railroad Company, versus the Vermont Central Railroad Company and others, did, on the 7th day of September, A. D. 1865, order and direct as follows, namely: The foregoing petition having been ordered to stand over for hearing thereon, from August 31st until this 7th day of September, 1865, and the order of notice aforesaid having been fully complied with, and the said Vermont and Canada Railroad Company having appeared by L. B. Peck, its solicitor, and by a majority of its directors, and said Vermont Central Company, by Geo. F. Edmunds, its solicitor, and said Andrews, Pinkerton and W. C. Smith, having appeared in person, and Robert F. Taylor and others, having by a communication in writing from E. J. Phelps, their solicitor, informed the court that they do not object to granting the prayer of said petition, and counsel having been heard thereon, and it being now upon due consideration, made manifest to the court that the matters stated and set forth in said petition are true; it is now, thereupon, ordered and directed that the said receivers and managers be authorized and empowered to borrow such sum not exceeding in the whole seven hundred thousand dollars, as shall, in their judgment, be necessary for the uses and purposes set forth in said petition; and in order to raise said money, if practicable, without embarrassing or suspending the payment of rents, dividends, or interest named in the decrees heretofore passed in this cause, it is further ordered and directed that said receivers and managers be authorized and empowered as such, and free from personal liability in respect thereto, to issue and dispose of their promissory notes for such sums, and on such time or times, not exceeding ten years from the date thereof, and at such rate of interest not exceeding eight per cent. per annum, free from the income tax, so called, and payable at such places and times, both as to principal and interest, as they shall judge expedient, and specially to pledge and secure a lien upon to the holders of all such notes, equally and ratably, the engines and cars which have been added to the equipment of said line, since Januury 1, 1864, together with all the cars and engines, to be purchased and provided with the funds so raised, as aforesaid, for the ultimate repayment of said loan, notes and interest, and to set aside, from year to year, as a fund wherewith primarily, to meet and liquidate said interest and principal, as the same may become due, the car service, so called, of all said engines and cars, so specially pledged, and to be pledged, for the security of said loan, notes and interest, and said sum so set aside shall be used to pay off said interest as it accrues and becomes due, and the balance of said sums, so to be set aside, shall, after liquidating such interest, be and constitute a sinking fund to accumulate and be kept separate from the general assets of said receivers and managers wherewith to pay off and extinguish ratably, as aforesaid, said loan and notes as they become due. And said receivers and managers, may, in their discretion, in the management of said sinking fund, either use the same, from time to time, to buy up and extinguish any of said notes before due, or invest the same, from time to time, in public securities. And in the event that said notes shall not all be fully paid off, or retired at or before their maturity, or if said interest shall not be paid, from time to time, as it shall fall |