472 APPENDIX. 



ber shall exceed one hundred and twenty dollars. The ses- 

 sions are biennial. Extra sessions may be called for any 

 period not exceeding twenty days. The judiciary comprises 

 a chief-justice and three associate justices of the supreme 

 court (salary $2,000 each), who are chosen in districts for six 

 years, the oldest or the one having the shortest time to serve 

 being chief-justice ; their number may be increased, provided 

 it do not exceed five, until the white population of the State is 

 over one hundred thousand, and never exceed seven. The su- 

 preme court is only a tribunal of appeals. Each justice holds 

 a circuit court with both original and appellate jurisdiction, the 

 terms being so arranged that a court shall sit twice a year in 

 each county. Whenever the population of the State exceeds 

 five hundred thousand, the legislature is empowered to provide 

 for the election of supreme and circuit judges in distinct classes. 

 Inferior judges, who also act as judges of probate and county 

 commissioners, are chosen in each county for four years. Sheriffs 

 and clerks of courts are elected in every county, and district 

 attorneys by districts. The revenue of the State for the year 

 ending Sept. 10, 1860, including a balance of $4,556.26 remain- 

 ing from the previous year, was $'72,122.12, and the expenditure 

 for the same period was $71,062,16, leaving a balance of 

 $1,059.96, There is no public debt, and the State has no power 

 to lend its credit or contract obligations to a greater amount than 

 $50,000, except to repel invasion or for certain other specified 

 objects. No county shall incur any debt over $5,000, with 

 the like exceptions. No bank or moneyed institution shall be 

 incorporated, nor shall any such exist with power to circulate 

 paper money. Corporations may be formed under general 

 laws, but shall not be created by special acts, and the stock- 

 holders shall be individually liable to the amount of their 

 stock subscribed and unpaid, and no more. The amount of 

 taxable property in 1858 was $22,824,118, and in 1859 $24, 

 181,669 ; amount of State tax in 1 858, $23,754 ; in 1859, $49,- 

 863. Estimated expenditures for the next two years $61,700. 

 — ^The name of Oregon was long applied to all the territory 



