New-York tribune., 1875-02-26
AEBANY.
WORK OF THE TWO HOUSES.

WORK OF IHE TWO EOUSES.
VOTING IN CORPORATION ELECTIoNs-CANAL COM
MIssIoNERs-A GENERAL EXCISE LAW-rHE
CosRT OF ARBITRATION BILL
lFRoM THE REGULAR CORRESPONDENT OF TIE rnGBUNE.l
ALBANY, Feb. 25.-In the Assembly this
mornng a hill was introduced by Mr.. Cosgan OF New
York which designed prevent the capture OF corpo
raons by stock speculatOrs. 1t prohibits any person
from voting stock by pOthecated to the corporation In
which the election held any other corporation or
person. upon shares given TO him for the purpose OF
voting or which lie shall "have previously con-
tracted to sell transfer after the election
upon any condition. agreement, or understanding
Whatever II also provides for q challenge and an
cath 10 be taken by the challenged party and like
oath for m persons giving proxies No person can vote
whose does not appear on the transfer oooX Inc
bill also authorizes majority in value Of the stock
holders classify the directors in two, and three
years meu. Mr.. Hammond, from the Ways and Means
Committee, reported the General Appropriation bill
fortnight in advance the usual time. Mr. Page from
the Canal Committee, reported fayorably the bill pro-
ydng for appointment Of four Commissioners who
shall determine upon the disposition TO be made OF the
lateral canals the results OF their inquiries to be re-
ported TO the next Legislature in the first week
Of :he session. Mr.. willard johnson. from the
Committee on Internal Affairs. reported a
general Excise bill for all counties OF the State Outsde
OF New-York and Brooklyn. Three commissioners Of
excise are TO be appointed by the Mayor all cities Of
tho State these appointments in NewYork and BROOK
lyn to be confirmed by the Common Council and the
commissioners TO hold Office for two years. receiving
salary of not more than sOoO. In towns these commits
souers are TO be elected at present. The Civil Dam
ages act is not modified in any way, and the blll Is
mainly systematic rearrangement Of existing excise
LAVA Mr. Johnson also reported Mr.. Brogan's bill pro-
ydng for the gaugng OF barrels kegs and casks used
in the sale Of ale beer lager-beer. sand other malt
liquors. Mr. Oakleys bill permitting insurance compa
MES TO hold with certain limitations real estate not
cuped by them. and Mr.. Hammond's bill empowering
insurance companies organized under special acts to
avail themselves OF the privileges Of the general law
were also reported The bill for the annexation of New
Lots to Brooklyn ordered TO a third reading.
In the Senate the Chamber OF Commerce Court OF Ar
btration bill was virtually defeated by striking out the
secon which provided that the salaries OF the Judge
and Clerk of the Court shall be PAID by the City OF New
York and recommtting the bill to the Judiciary Com
mittee The NewYork Senators all opposed to the
measure ON the ground that the Chamber Of Commerce
could not rgntuy ask the city pay the salaries Of
officers Of its own Senator Robertson from the
Judiciary Committee reported adversely on the Midland
Exempton bill The Census bill ordered 10 third
reading Senator Gross introduced bill for the election
OF Justices Of the District Courts In New York gene
raj ticket similar that offered by Mr.. c. Campbell
I'm the Assembly yesterday. Senator Selkreg offered
| resolution calling upon the Clerk OF the Coart OF
Appeas to report the moneys in his possession as Clerk
| and what sums had been lost.