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Proceedings and Acts of the General Assembly, 1866
Volume 107, Page 155   View pdf image (33K)
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1866.] OF THE SENATE. 165
ed debt due and owing at the date of the adoption of the
Constitution, equal in amount to the price obtained for the
came, or to invest the proceeds thereof in the bonds of the State
authorized by the act of 1865, chapter 33, known as the De-
fence Loan,' provided that the said sales shall not be made
for less than the par value of the said shares;"
Which was read and adopted;
The bill was then ordered to be engrossed for a third read-
ing"
Mr. Tome moved to give it a third reading by special order;
Determined in the negative.
The bill to amend the the act providing Bounty for Soldiers
so as to exempt the Bonds therein proposed from State, Coun-
ty and Municipal taxation;
Was read the third time and passed by yeas and nays .as
follow:

AFFIRMATIVE.
Messrs. Billingslea, of Carroll,
Davis, of Caroline,
Davis, of Washington,
Eaton,
Frazier,
Holton,
Mackall,
McNeal,
NEGATIVE.
Messrs. Clarke,
Earle,
Lansdale,
Ohr,
Philpot,
Tome,
Trail,
Vickers,
Wells,
Whitney—15.
McMaster,
Stephenson—5.

 
Said bill was then sent to the House of Delegates.
The bill authorizing the Governor and Comptroller and
Treasurer to exchange or sell a portion of the Stocks standing
to the Sinking Fund, and to invest the proceeds thereof;
Was read the second time and ordered to be engrossed for
a third reading;
Mr. Clarke submitted the following amendment;
Insert after word "auction," in line twelve, "at such times
and in such amounts as they may deem most advantageous to
the State's interest;"
Which was read and adopted.

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Proceedings and Acts of the General Assembly, 1866
Volume 107, Page 155   View pdf image (33K)
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