At the instance of Mr. Servant, so modified said motion, As to except so much of said bill as relates to the rivers, the road from Vincennes to St. Louis, and the road from the termination of the Maumee canal to the Mississippi. On motion, The Senate adjourned until 2 o'clock, P. M. Two o'clock, P. M. The Senate met pursuant to adjournment. Mr. Lane withdrew his motion to amend the bill in relation to Internal Improvements, and thereupon, The question recurring upon concurring with the select committee, in so much of their amendment as proposed making appropriations to the Winchester, Linnville and Jacksonville Rail Road Company, &c., It was decided in the negative. Ayes 16, noes 24. Those voting in the affirmative are Messrs. Allen of Greene, Borrough, Browning, Butler, Craig, Fletcher, Lane, Maxwell, O'Rear, Owen, Ross, Thomas, Turney, Vance, Weatherford and Mr. Speaker. In the negative- Messrs. Allen of McLean, Bond, Edwards, Gatewood, Hackelton, Hacker, Hamlin, Herndon, McLaughlin, Mills, Mitchell, Murray, Noel, Parker, Parrish, Pruyne, Reilley, Servant, Stadden, Warren, Whiteside of Monroe, Whiteside of Pope, Wight and Wood. A division of the question being called for upon the amendment of the select committee, to the aforesaid bill which proposed to strike out the 20th section of said bill, and insert in lieu thereof a section providing for increasing the capital stock of the State Bank of Illinois $2,000,000, &c. The question was accordingly put, on striking out, and Ayes 20, noes 20. Those voting in the affirmative are Messrs. Allen of Greene, Bond, Borrough, Browning, Butler, Craig, Edwards, Fletcher, Hamlin, Lane, Maxwell, McLaughlin, Noel, O'Rear, Owen, Reilley, Ross, Servant, Vance and Whiteside of Monroe. In the negative— Messrs. Allen of McLean, Gatewood, Hackelton, Hacker, Herndon, Mills, Mitchell, Murray, Parker, Parrish, Pruyne, Stadden, Thomas, G3 Turney, Warren, Weatherford, Whiteside of Pope, Wight, Wood and Mr. Speaker. Mr. Craig moved further to amend the said bill by adding to the 10th cluase of the 18th section thereof the following, viz: "That the cross rail road from Terre Haute, Indiana, via Paris, Charleston and Shellbyville, shall be continued westwardly to Alton, on the Mississippi river, and the sum of $1,000,000 is hereby appropriated to complete the same from the central rail road to Alton: Provided, That the said Alton, Wabash, and Erie Rail Road Company will relinquish their charter for said part of suid road," Which was decided in the negative Messrs. Craig, Hacker, Lane, Maxwell, McLaughlin, Mills, Noel, Parker, Ross, Vance, Warren, Whiteside of Monroe and Whiteside of "Pope. In the negative Messrs. Allen of Greene, Allen of McLean, Bond, Borrough, Browning, Butler, Edwards, Fletcher, Gatewood, Hackelton, Hamlin, Herndon, Mitchell, Murray, O'Rear, Owen, Parrish, Pruyne, Reilley, Servant, Stadden, Thomas, Turney, Weatherford, Wight, Wood and Mr. Speaker. Mr. Parrish moved further to amend the bill by adding to the 5th division of the 18th section. the following, viz: "The improvement of the navigation of the Big Muddy river, for which the sum of $50,000 is hereby appropriated, and the said Board of Commissioners of public works are hereby authorized and empow ered to expend and apply the said appropriation in the improvement of the said river in such marner as they shall deem most adviseable for the public good," Which was not agreed to. Mr. Servant moved further to amend the bill by inserting after the word "first" in the 5th line of the first division of the 18th section, the following words, viz: "Five hundred thousand dollars of the first loans to be effected under the provisions of this act, are hereby appropriated, and shall be expended under the direction of the Board of Commissioners of public works on the navigable rivers, as follows," Which was decided in the negative Ayes 11, noes 28. Those voting in the affirmative are— Messrs Butler, Fletcher, Lane, O'Rear, Ross, Servant, Thomas, Vance, Weatherford, Whiteside of Pope and Mr. Speaker. In the negative Messrs. Allen of Greene, Allen of McLean, Bond, Borrough, Browning, Craig. Edwards, Gatewood, Hacker, Hamlin, Herndon, Maxwell, McLaughlin, Mills, Mitchell, Murray, Noel, Owen, Parker, Parrish, Pruyne, Reilley, Stadden, Turney, Warren, Whiteside of Monroe, Wight and Wood. On motion of Mr. Reilley, The bill was further amended by striking out of the 6th article of the 18th section, the word "one," and inserting two" in lieu thereof. The ayes and noes being called for on this question, Those voting in the affirmative are— Messrs. Allen of McLean, Bond, Gatewood, Hackelton, Hacker, Hamlin, Herndon, McLaughlin Mills, M tchell, Murray, Owen, Parker, Pruyne, Reilley, Servant, Stadden, Turney, Warren, Whiteside of Mon. roe, Whiteside of Pope, Wight and Wood-23. In the negative Messrs. Allen of Greene, Bortough, Browning, Butler, Craig, Edwards, Fletcher, Lane, Maxwell, Noel, O'Rear, Parrish, Ross, Thomas, Vance, Weatherford and Mr. Speaker- 17. Mr. Servant moved further to amend the bill by adding to the 18th section, the following, viz: "A turnpike road from Ford's ferry, in Gallatin county, via Equality in said county and Frankfort in Franklin, thence to Georgetown in Randolph county, and thence to Chester in the last named county, and the sum of three hundred thousand dollars is hereby appropriated for the purpose of making said road," Which was decided in the negative Ayes 11, noes 29. Those voting in the affirmative are Messrs. Allen of Greene, Borrough, Butler, Maxwell, Parrish, Reilley, Ross, Servant, Thomas, Vance and Whiteside of Pope. In the negative Messrs. Allen of McLean, Bond, Browning, Craig, Edwards, Fletch, er, Gatewood, Hackelton, Hacker, Hamlin, Herndon, Lane, McLaughJin, Mills, Mitchell, Murray, Noel, O'Rear, Owen, Parker, Pruyne, Stadden, Turney, Warren, Weatherford, Whiteside of Monroe, Wight, Wood and Mr. Speaker. Mr. Mitchell moved further to amend the bill by inserting between the 126th and 127th lines of the 18th section, the following words, viz: "And a branch rail road from the town of Bloomington in McLean county via the towns of Mackinaw and Tremont to Pekin in Tazewell county, and that the sum of three hundred thousand dollars is hereby appropriated for the construction of the same." On motion of Mr. Hamlin, The said proposed amendment was amended by striking out all after the word "and," in the first line, and inserting the following in lieu thereof, viz: "A rail road from Bloomington, in McLean county, to Mackinaw town in Tazewell county to diverge or ford at said Mackinawtown, one branch or fork of said rail road to run to the Illinois river, and connect with the Peoria and Warsaw rail road, at Peoria; and the other branch to run through Tremont to Pekin for which the sum of three hundred and fifty thousand dollars is hereby appropriated." The ayes and noes being called for on this question, Those voting in the affirmative are Messrs. Allen of Greene, Allen of McLean, Bond, Berrough, Browning Butler, Gatewood, Hackelton, Hacker, Hamlin, Herndon, McLaughlin, Mills, Murray, Owen, Reilley, Stadden, Turney, Warren, Whiteside of Monroe, Whiteside of Pope, Wight and Wood-23. In the negative Messrs. Craig, Edwards, Lane, Maxwell, Mitchell, Noel, O'Rear, Parker, Parrish, Pruyne, Ross, Servant, Thomas, Vance, Weatherford and Mr. Speaker-16. Mr. Ross moved further to amend the amendment in the 4th section, 7th line, by striking out the word "five" and inserting the word "seven,' and by inserting after the word "members," "one from each judicial circuit," and further by striking out of the bill all after the 6th section, together with the amendments, and inserting the following: "SEC. 7. Said Board of Public Works shall cause surveys and examinations to be made of all the rivers in this State which in their opinion are susceptible of improvement for the purposes of navigation; also to adopt the mest eligible plans of improving the navigation of the same, and shall have power to employ engineers, draftsmen, surveyors, and all other persons necessary to carry into effect the powers and duties imposed upon them by this act. SEC. 8. Said Board of Public Works shall have perpetual succession, and have power to make all contracts in the name of the State of Illinois, necessary to the execution and performance of the duties required of them by this act. SEC. 9. The Secretary of the Board of Public Works, appointed under the provisions of this act, shall, ex officio, perform the duties of Treasurer, and shall enter into bond in such a penalty with such security as may be determined npon by the Board of Public Works never to be less than double the amount of all the money he may at any time have in his possession. Said Secretary shall keep a journal of the proceedings of the Board, and shall keep an account of all receipts and expenditurss of money. The President shall preside at all the meetings of the Board, and shall personally attend to the execution of all orders of the same-make all contracts for the en ployment of engineers, surveyors, draftsmen and other necessary help for the construction of works under the direction of the Board. SEC. 10. That the capital stock of the State Bank of Illinois, is hereby increased Two Millions of Dollars, to be divided into shares of One Hundred Dollars each, and the Governor of the State is hereby authorized to subscribe for and in behalf of the State of Illinois, the whole amount of said stock and there shall be elected by joint vote of the General Assembly, during the present session, six Directors, to act for and in behalf of the State, whose duty it shall be to do and perform all things which are required of other Directors of the Bank; and the President and Directors of said Bank shall make a detailed statement of the financial concerns of that institution annually, and cause the same to be published in some newspaper in this State, and exhibit the same to the General Assembly, at each and every session thereafter, The Legislature shall have the right in all esses to appoint a com mittee to examine into the management and financial concerns of the Bank; and for the purpose of facilitating such examination, the committee shall have access to all the books and documents of said Bank, which may be necessary to enable them to perfect said examination. Provided, That so much of this act as relates to the State Bank of Illinois shall not go into effect until the President and Directors of said Bank shall enter into an agreement to accept of, and be governed by all the provisions of the same, in relation to said Bank, and said agreement shall be filed in the office of the Secretary of State. SEC. 11. There shall be constituted a fund for the purpose of establishing and maintaining a general system of Internal Improvement, which shall consist of all premiums which shall and may be raised by the sale of Stocks or State Bonds. The bonus which may be received from the State Bank of Illinois and the Bank of Illinois; ten dollars of every hundred of the land tax paid into the State Treasury; all dividends which may be received upon any Bank or other stock owned by the State; all revenue derived from roads, canals and other improvements authorized to be made by the State, shall be set apart and constitute a Sinking Fund for purposes of Internal Improvement. SEC. 12. The said Sinking Fund shall be loaned to the Banks in this State, and said Banks shall be authorized to loan the same upɔn mortgage of real estate of double the value of the amount loaned, at au interest not exceeding ten per centum, per annum, and for a term not exceeding five years-the State having a lien upon all the property, real and personal, of said Banks for the payment of the money so loaned; and the said Banks being bound to pay out of said fund all interest payable by the State upon money borrowed for the purposes of Internal Improvement, as the same may become due and payable. SEC. 13. All monies which may be received by the State from the United States under the provisions of any act of Congress, authorizing a distribution of the surplus revenue of the United States to be deposited in the Treasury of this State, shall be added to and made to constitute a part of the common school fund of the State and loaned to the State, upon the same terms and conditions that the School, College and Seminary funds have been heretofore loaned. SEC. 14 The interest payable by the State upon the school funds, shall be distributed annually to the counties; and the State is hereby held responsible for the same; and the excess of the dividends, after paying six per cent. to the school fund, shall constitute and be a part of the Sinking Fund for the purposes of Internal improvement. |