Nevv-York Legislature.
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In SENATE, the bill to extend the exemption of
household furniture was referred to Select Com
mittee to report complete. On motion of MIR.
FAuLKSER, the New-York and Erie Railroad bill
was made the special order for Thursday, The
bill providing appropriations to complete the Geo
logical Survey referred to o Select Committee
to report complete. The Election Bill then came
up and aftar motion TO reconsider, the 2lst or
residence section was stricken out IA TO L.
The One Day Election Bill passed It's third read
ng. The Senate then ad journcd.


In ASSEMBLY, Mr.. TOWNSEND reported bill
TO secure the payment of bank notes, and to pre-
vent fraudulent issues thereof. II recommends l..
u monthly statement from the bank; :. the prompt
closing up of insolvcnt banks 3. requiring safety
fund banks to deliver to the Comptroller all It's
plates surplus notes, &c; 4. absol,ing in of
future failures the obligations of the safety fund
from any payments except for the circulating notes
of such insovent banks, and authorizing in such
the application Of the entire fund not pledged
for pre-exsting demands, to the redemption of
such circulation; 5. compelling the replenishment of
the exhausted fund from the first assets of an nso-
vent bank 6. restraining the sale of its notes by
any safety fund bank, and prescribing penalties in
case of an over issue; Z. making the directors of
any bank indiridually responsible for the pay
lnent of the circulating notes issued by the bank
proridcd they do not cause be delivered in case
of insolvency an amount of their circulating notes
equal to at least twenty-five per cent of the sum
ley ure by law authorized to issue. I'VE have no
report of the remainder of the proceedings.)