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The Legislature.

The Senate yesterday passed a number of local bills, including one incorporating the Insurance Company of the State of Virginia, of Richmond. A bill was reported for amending the charter of the Holiday's Cove Railroad.

The House passed a number of Senate bills, including bills increasing the pay of certain officers of the Public Guard; extending the corporate limits of Fredericksburg, and incorporating the Commonwealth's Savings Bank of Richmond. The bill allowing additional compensation to the Adjutant General, for the years 1859-60, was laid on the table. The bill for the sale of the James River and Kanawha Canal to the French Company being on its engrossment, was called up and passed. --ayes 115, noes 2. The members of the House did themselves honor by the promptness and unanimity with which they acted on this important bill. Its passage was immediately communicated to the Senate.

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