APPENDIX. 475 
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 chiefjustice 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 forfour 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 1858, $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 
