The New York herald., 1871-03-23


Requiring life and marine insurance companies to In
prove .he or Their policies Amended 50 40 to be
hned to IRE ami lie insurance cornpaaes.
Adjourned
Assembly.
ALBANY, March %, 1871.
BEPoarED.
the bin amend.ny the relative to assess
o. real aud personal estates. Agreed TO.
Consolidating the acts atye the Marine Court of New
York; relative the York Work; Incorporating
the South Brooklyn Loan and Trust Compaay incorporsL
Ing New York Maenner ohor; 70 improve
Brooklyn; relative to elections in Brooklyn aud Kings
county, regulating tho opening of streets In New
York; providing for grading Ninth avenue, New
YORK; TO construct swing bridge the City Ship
aa ScM %ens s Fsrv 9 carany o the r
o the Brooklyn. Winfield and Newow Railroad Company
Sew York amending the charter of the Cairmon
and Ssw jersey Bridge Company coronsra Irs n
in hs ely Of New Y0rk e. the he
Asylum for insane; also the rochester Arsenaibi.
Tho Senate resolutions requesting the csns oara to re-
dues the rte Of freight sppes and all escuients
nrlts lNTgoDUcEp.
By Mr.. D. BRowN-ke.uating the charges on freight
By Mr.. NAoHrNANN-Arnendln. the charter OF the New
York City Loan and Trust Company; also Incorporating
Mntnal Loan and Trust Company.
by Mr. HAYES Amending the free insurance company
By the Relative fire telegraphs In New
by Mr. MosELEYTo widen Classon avenue from Greene
to Lexington a,eeue, BROOKLYN, and to prohibit the
fishing OF nusances at nat point On his motion the bill
BY MI BANcKER-Incorporating the National Insurance
aud trust COMPANY.
BY Mr. scRIBNER-Amending the establishing an in
Mr. LonD-To protect consumers OF fuel against ex-
by Providing for the of vagrants in the
Hy Mr. S.oskLIY-Amending the Gas Company orsauza.
ton act. ...
Mr. sLAR offered concurrent resolutions amend the
hat 81 IN ssf le ssn ss s5 t
to meet the rsanrensn % commerce and prevent diver.
Canal Faai shah borrow lie credit Vie STATE
as may s.ay " i'r R payns .as eans and seaira gGs
BY tSs issue an sale q bombs certificates qf soek nav
;s q; ss :sP' s' ssss s, %sa5
s Se y IL csss e.. e ~ ! sfs vii!
msy be to provide ony sail sinking fana For IKE tie ia
terct on eht created and the expense keeping the
for the issuing bonds hereby autborzed and for carving
VI. Laid Id Owe over 'J Under Es siles
THE NEW CAPITOL.
Mr. MuRpHY introduced BIZ! authorizing the Governor
appoint i've commissioners to supcrincnd the construction
Tie New Capitol COMMISSIONERS in answer to resolution
Of . saa ne ,ss 10 furnish stone
ward the stone at present. OWING to snow and in the
quarry
To regulate s Ss sale =. q M a Liquors, Lost On
porans the National Eclectic Association repeating
@ @ T s se11 he "sa es d. s
York providing for division the town OF Newtown
81 se ~ u court
TmE BROOKLYN AND JAMAICA RAILROAD gILL
Ing resSnsioTei then recomMisi ON it lo or
amendment, TO oe reported back tomorrow Iacrling
Recess iii half-past seven this evening.
Evening Session.
The House went into committee to amend the Revised
tutes to
EXEMPT poNps AND MORTGAGES FROM TAXATION
Mr. ALvoRD moved TO strike out the lrst of the
BUCK spoke IN favor Of the o showing tha. the bust
bonds mortgages by making 1t impossible to borrow
20 cspas afford 70 oan &
monc such secury aud Invest, in securities Of other
s A%vSap ia. 10 Was to
all exsmpoo; OF from nn.i taxation "a ;hs hs wa,
government bonds from taxation. He taxing
Of all s" no sSnod nSns u ?; s sey y an syssSn lon
stump usay. lie held lhs. II The per.on4 property
mere fraction what they The property
OF the returned for taxation put down only
$eSeSlo,6o This shows what personal property
taxed lie would favor proposition y tax the mortgage
In .ht there would be justice.
Mr. JACOBS cited numerous statistics showing how nte
or foSns e:qaps sSa soyS ys Sey this pro-
sS::s H ySsss if
@ y I ssg AND ns as ss p &c
q ~ s R M II @ s''S, Ess aa s
lies had Just of complaint al This. counties
Mr JACOBS continued at rome length showing the unjust
system OF taxation at prcseut iorce, drawing,
coes 80 largely rem the the lower counties and allowing
IRON the sentatives OF the rural distos op
became convinced that he ought to vote against
lie claimed that not because mortgages not
New York il was bee rens were cheaper And capital
- nAi in,esisd N AaRaa ~ a2kianxae n NR Nas ~