The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1877-01-24

Petitions, Bills and Acts Presented and Re
5erred-RemonstraDce of the PenobscoG tribe
of Indians against any change in relation to
their election laws.
HOUSE.
House met according to adjournment, Mr..
Neatly in the chair.
Prayer by Rev. Mr.. Newcomb of Haiowell.
Senate papers disposed of in concurrence.
Resolve in favor of the town of Wellington;
resolve to give lot of land to John Estes,
20 \. w. simpson; to David Dudley; to NJ. L.
STUART; to Isaac Varney, were read and assign
ed Tor "Wednesday of next week.
Redd and assigned for tona0rTOao-Act to re-
peal chapter 146, Public Laws of 1876, relating
TO ways and revive provisions of sec 80 chap.
IL, Revised Statutes; an act to amend sec. Sc
chap. 81, S.; aud additional to chap. 1872
Public laws 1876; an act to amend sec. chap.
sc, R. s., relating to trustee process as hereto
fore amended act to amend section IS, chapter
81 E s., relating to service on corporations in
civil actions; an act additional relating to cor
porations; an act repeating sections 8, 6, and
chap. 30, II. s., relating to bounty on bears
and wolves; an act amendatory of chap. 126 of
Public Laws of 1876, for protection of Iani
locked salmon, trout and bass; an act to pre-
vent lettering without right within the station
houses or about the premises of railroad cor
poratons; an act to amend sec. chap. 120,
Public Laws 1876, to authorize the formation Of
railroad Corporations.
Passed to be engroSSed-An act to set off GER
tain real estate from the town of Br,dgton and
annex the same to the town of Harrison; an
act to make valid the doings of Brdgton Cen
tire Village CORPORATION in Bridgton; an act ad-
ditional to the Orchard Beach Railroad Com
pany; an act in relation to executions; an act
to prevent the taking of trout in Great Works
stream and its tributaries 10 the towns of Am
herst. Clifton and Bradley; an act amendatory
to chap. 119, X. s., relating to offences against
hlh RI plcnA 1Ns~
chap. 100, Il. S, relating to larceny and receiv-
ing stolen goods.
The act to revise and consolidate laws relat-
ing to the government, powers, duties, priv-
leges and liabilities of savings banks aud insti-
tutions for savings, came up for discussion in
the House today, and was amended as follows:
So as to make the tax on deposits one per
cent. instead of one half of one per cent.
So that aoy Judge of the Supreme Court in
connection with the bank examiner shall on
the written petition of two instead Of major
ity of the trustees setting forth insolvency. APP
point time and make an examination of the
affairs of such corporation (savin9s bank.)
Substituting an action of debt instead of con-
tract for the recovery of delinquent taxes on
deposits
So that not more than three of the Trustees
of any savings bank shall be directors in any
national bank, nor more than one shall be a
director in the same national bank.
Commanding instead of allowing the Su-
preme Court to make rules for the government
of receivers.
Striking out in the twenty sixth lime of the
thirty-sixth section the words but to the ex-
tent only of such reduction so that it shall
read as follows: provided, however, if such
bank shall realize from the assets so depreciat.
ed greater sum than that fixed upon by the
judge or examiner, the excess SO realized may
be divided and credited to the accounts of the
depositors which had been thus reduced"
So as to add to the securities in which saw
ings banks may invest, the municipal bonds of
cities of 10000 inhabitants or more of the states
| of New York, Ohio, Indiana, Illinois, Michi-
gan and Missouri, and county bonds in the
same states, when not issued in aid of railroads,
provided that the investments shall be made in
the bonds the several cities and counties Of the
states of Indiana, Illinois and Missouri, with
the exception of the city Of st. Louis, in the
state Of Missouri, where the municipal indebt-
edness of said city or county exceeds per
cent of its valuation.