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Domestic News December 5, 1816

Richmond Enquirer

Richmond, Richmond County, Virginia

What is this article about?

Report from Savannah on Georgia Legislature in Milledgeville as of November 21: Penal Code advancing in Senate; several banking and currency bills passed House; census bill passed both houses; amendments to bank charters and constitution discussed; proposal to double tax Savannah Marine and Fire Insurance Company.

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Savannah, November 20.

GEORGIA LEGISLATURE.

We have accounts from Milledgeville to the 21st inst. and learn that the Penal Code was progressing rapidly in the Senate, with but few amendments, and would probably be gotten through by that body on the 23d inst. and sent to the House of Representatives for concurrence. Various opinions are given as to the fate of it. The following bills have passed the House of Representatives: A bill to require the incorporated banks in this state to pay specie whenever the Bank of the United States, or the banks of the adjacent states shall commence specie payments. A bill to authorise five directors to transact business in the Bank of the State of Georgia, in lieu of nine, during the months of July, August, September and October. A bill to require the several incorporated banks in this state to pay, after the 20th day of February next, all notes issued by them under the amount of five dollars, in specie. A bill to prevent the circulation of notes emitted by unchartered banks, and the issuing of change bills of certain descriptions. A bill to provide for taking the census of this state, the ensuing year, has passed both branches of the Legislature. The bill introduced by colonel Harden, amendatory of the acts incorporating the Planters Bank and the Bank of the State of Georgia, passed the Senate on the 18th inst. The object of this bill was to substitute the forfeiture of dividends instead of stock, on the failure of a holder of shares to pay, when required, an instalment thereon. The Bill to alter the constitution, so as to elect the Governor by the people, has been taken up by the House in committee of the whole, reported without amendments and ordered to lie on the table. It is thought this bill will pass. We hope it may. A Bill is before the Senate to double tax the "Savannah Marine and Fire Insurance Company." We cannot see why this institution should be taxed more than the Banks in this state.

What sub-type of article is it?

Politics Economic

What keywords are associated?

Georgia Legislature Penal Code Banking Bills Census Constitutional Amendment Insurance Tax

What entities or persons were involved?

Colonel Harden

Where did it happen?

Milledgeville

Domestic News Details

Primary Location

Milledgeville

Event Date

November 20 To 21

Key Persons

Colonel Harden

Outcome

multiple bills passed house or both branches; penal code expected to pass senate soon; constitutional amendment likely to pass; double tax on insurance company proposed.

Event Details

Accounts from Milledgeville indicate Penal Code progressing in Senate with few amendments, likely to pass by 23rd and go to House. Bills passed House: requiring banks to pay specie upon US or adjacent banks resuming; authorizing five directors for Bank of State of Georgia in summer months; requiring banks to pay notes under five dollars in specie after February 20; preventing circulation of unchartered bank notes and certain change bills. Census bill passed both branches. Colonel Harden's bill amending Planters Bank and Bank of State of Georgia charters passed Senate on 18th, substituting dividend forfeiture for stock on installment failure. Bill to elect Governor by people reported without amendments, ordered to table, expected to pass. Bill before Senate to double tax Savannah Marine and Fire Insurance Company.

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