LEGISLATIVE
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W JACKSON, JanubfJ 10
Senate We extract only such items
Yfrom tho Jackson Daily Relormer) as we
deem Of interest 10 our readers IN this
soction.-Na chez Courier


Mr. Mctcnlf introduced a petition for
abe repeal Of the grant Of power to the
IIomochitto turnpike and bridge compa-
nv 10 use Jerry which, on his motion,
was referred to the committee on the ju-
dietary


Mr.. Briscoe's bill repeating the one
hundredth chapter Of the laws Of 1874 I,
which gave the Grand Gulf rail road
and banking company the right OF con-
sIructing lis rail road within two years
after gaining right Of way, being undor
consideration. Mr. b. remarked, that
the company had done nothing 70 com
plete tho road, and they sold every stick
Of lumber they possessed. The senator
from Warren probably knew this 10 be
the fact, According to tho act Of i84l
tho corporation might've forever,


Mr. Guion replied forcibly and with
spirit. We regret that we have not room
for his remarks. He knew tltatthe Bank
hud tried every means TO complete the
Rail Road, and you'd have done so long
since, but for the obstnacy Of man
named Thompson, on whose land it was
intended for the Road to pass.


The history of The mater was this;
The company proceeded against Mr..
Thompson,in the circuit court Of Claiborne
county, and the company was condemned
10 pay Mr.. Thompson $4,000 for the
right Of way over his land, pr. T al
that time owed the company $4,000,
and they offered to offset his condemna-
J ton money against their claim, but he
refused even as against The market val.
ue Of their notes to the amount Of their
claim against him, The CONF any was
then compelled to so into court of eqni
ty 10 COMPEL an offset, and there the
case now rests The whole matter show
cd, that so far from exhibiting nn un
willingness to perform the work, the com
pany had been doing all in their powe Il
perfect it, and had used all the lega
means in tiruir power TO place them in I
SITUATION 10 DO so.


The bill did not take from the compa
ny any Of lis Banking privileges; it only
took away The right to construct q valua
Bile Improvement Mr.. G. took occasion
10 say that he was opposed 10 all these
rotten institutions He was opposed Il
the whole system Of State Banking, Tht
Company's Banking powers were sislinc
from its power TO construct a Rail Road
The Company had already assigned ii,
effects thereby depriving il Of all lis Bank
ing privileges, and the question now was
whether they sh ould take way the pow.
er OF constructing valuable pnblic work


Mr.. Briscoe said the assignment had
only been made TO prevent The operation
o. the Briscoe bill.


Mr.. Matthew'S and Mr. Tillrnan made
some remarks, when,


Mr.. Guion rose 10 state fact he had
Just learned, that a company of indivldu.
ais bad offered the rail road company
100000 for their road, and rights be
longing 10 the same, with view ofim-
mediaiely completing il.





Mr. Briscoe asked when he had learned
that fact?


Mr. Guion just now, sir, from gen
tleman in whom have the utmost conf.
dence, James II. Maury, Esq.


The ayes and nays being taken on the
passage Of said bill, was decided in the
negative, ayes l2~-nays l8.


The bill was afterwards referred TO a
select committee ofthrce.


Then adesultory debate occurred up-
on an amendment of Mr.. Brscoe, TO The
salary bill, which would make Sheriff's
receive their commissions in such funds
as they made the principal sum out Of.
with the intention, as he said, Of making
The Sheriffs take bank paper when the
execution was in favor ofn bank.


This amendment passed, with an a.
nendment Of Mr.. Guion, prohibiting the
act from affecting present incumbents,
and by an amendment of Mr. Ventress
from taking effect from lis passage The
Wings did the best they could for this
singular measure. 4ss