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The Daily Dispatch: March 2, 1861., [Electronic resource], House of Delegates. (search)
House of Delegates. Friday,March 1, 1861. The House was called to order at eleven o'clock, by the Speaker, and opened with prayer by Rev. J. A. Duncan, of the M. E.Church. The Bank Relief Bill.--The House were informed by Mr. Anderson, of Botetourt, that the 1st Auditor construed the provisions of the bill which passed yesterday as requiring the Banks to contribute specie to provide for the Sinking Fund, which would cause $500,000 in specie additional to be required. Therefore, he asked the House to request the Senate to return the bill for purposes of amendment. The Bank bill was returned from the Senate, and Mr. Anderson offered the following amendment to the 5th section: Provided that nothing in this section shall be construed to require the Banks of this Common wealth to contribute specie beyond the amount necessary to pay the interest on the public debt. Mr. Keen moved to provide further that the Banks of this Common wealth shall, at their discretion, i