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Browsing named entities in The Daily Dispatch: January 16, 1862., [Electronic resource]. You can also browse the collection for Banks or search for Banks in all documents.
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Legislature of Virginia.Senate,
Wednesday,Jan. 15, 1862.
The Senate was opened with prayer by the Rev. Dr. Sekley, of the Second Baptist Church.
Small notes.
Mr. Isbell, from the Committee on Banks, to whom was referred the House bill to revive and extend an ordinance respecting the issue of small notes, reported the same with a substitute therefore.
The substitute is similar to the ordinance of the Convention, simply using the word "act" in place of the word "ordinance."--It authorizes the Banks in the Commonwealth to issue notes of the denomination of one and two dollars, to an amount not exceeding five per cent of their capital.
The bill being taken up for consideration, Mr. Johnson moved to amend by inserting ten; in lieu of five per cent.
This was opposed by Mr. Isbell.
Mr. Thomas, of Fairfax, moved to amend by inserting the words "and required" after the word "authorized."
Mr. Johnson then withdrew his amendment.
The question havi