Mr. WADE. Imovetotakeup HousebillNo. 482, to incorporate the Howard Institute, &0. The motion was agreedto; and the bill (H.R.No. 482) to' incorporate the Howard Institute and Home of the DistCol was considered as in ComWhole. James M. Edmunds, Sayles J. Bowen, Cordial Storrs. Augustin Chester, John R. Elvnus. J. Sayles Brown, and Linus D. Bishop, and their associates and successors, are by this bill declared to be a body politic and corporate, under the name and style of“The I oward Institute and Home” of the DistCol. The object for which this corporation is cre ated is the establishment of a charitable institution for the instruction of freedmen in the industrial pursuits of life, and to fit them for independent self support, and to afford a tem porary home for such freedmen as may, from sickness, misfortune, age, or infirnity require fostering care until otherwuie relieved. The persons specifically named are appointed a board of managers of the Howard Institute and Home for one year from and after the passage of the act: and thereafter a board of managers, consisting of 7 persons, is to be elected from and b the contributors to the means to establish the institution, for such time and according to such rules as the corporation may establish. The corporation is to be maintained by vol untary contributions, gifts, donations, or be quests of money and other property. The board of managers are to cause a record to be kept of all such contributions, gifts, donations, and bequests, with the name and residence of each person making the same, and of all exnditures made by the board for the establishment and conduct of the institute and home, and to make an annual report exhibiting the severafitems of expenditures and objects thereof, and generally the work accomplished by the corporation, to the SecyInterior, a copv of which report shall be sent to each individual who shall have contrib uted not less than 5 dollars to the corporation during the year previous to the issuing of the report. The bill was reported to the Senate without amendment, ordered to a 3rd reading, read the 3rd time, and passed. LIFE AND ACCIDENT INSURANCE COMPANY.