The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-04-13

the company in the manner now provinsd By law
s y Art !, s sss
x s sas sa &. s ~
ss 20 If 50
So's: writing q a., x. ~Ss the ns r.. coa
srolsS Whenever hs shall deem necessary may rssus
ss% sss
ssh s sg :s e him
Writing and TO BE- personally served officer Of such
son sss o. na IL such esss.
D..sa % II. hs %
moned oeore Legislative committee &c q, snd
Tho said superintendent Is annually hereafter by this
@ G S.
during the ensuing year 70 assy ns ov the
msnt required and directed :. sg-
Client to defrsy such such or so much there
e Be refunded S the stat By
expenses Of the insursn Dspartnsnt. ftlg
The section In rsg.rd TO the Investments Of 10.
surapce companies reads as folloWs-
organized under the laws OF this to
on s real the
ssv Sss. Gnaa Soass
o. y stocks .n .. oou DSnds % the
rated city village N this state provided such stocks or
S %aa ma. Ss ..o invest d
Il: e
ys.'sa.s or sSoS par sh
previously given g any s,upaay hi' approval
or or slsns ss. not -
ties except ss no. provided by law
% so Or %, h as is
Of csss II which It may
lie in securities Of similar class issued by such
shall not loan on bond mortgage Other real estate
security in any other state sseons IS hssa above pro-
The bill strikes out the present privilege which in.
surance companies have OF investing in tho stock OF
any company whatever chartered under the laws Of
this state, whether such stock Is based on gas oil OF
moonshine E.4-
TAXING STOCKS
The bill to tax the stock Of life. fire and marine
insurance companies was adversely reported on by
standing the Opposition OF Mr. Cosad, VINO said the
bull would add $50 000 900 10 the assessabc properly
OF the ssata the report was agreed to and the oui
QUEER PERSONAL PROPERTY
Mr. Nelson has introduced bill which 80 AMENDS
chapter thirteen Of The first part Of the Revised
rea estate" used that chapter the wirss poles
OF any telegraph ine-whicn articles are declared 10
be personal property tor the purpose Of taxation.
COMMISSIONER OF STOCKS.
A bill Introduced by Mr.. DUEL, The member from
the Thirteenth New York city district who has JUST
for the appointments by the Governor Of = commits
OF stock compa nies, 10 hold office tor ten years
and TO havehis principal Office IN New York CITY:
deputies in various counties of the State, who
viii retain their places during his plsasure and the
duties OF the commissioner and these ASSISTANTS are
tuus denned:Au csrtiAcates Of stock issued ~ any
incorporated company shall on or before July 1875
be presented to such Commissioner or his authorized
deputy for Registrations, whose duty Il snail be 10 In.
quire into the issuing Of such certncates,
ns sams ana NO. excess
capital stock thereof, he shall certify "a
such faes. Tns Commissioner shall keep books
M of tnac
shares OF each company, and the number issued
thereof Of all corporations Organized under the laws
certificates Of stock certified 20 him as aforesaid
Whenever any certificates OF stock are sought TO be
required before ccrtying the ones 70 require the
ola certificates 70 be surrendered and cancelled. M
TAXING MoRTGAGEa
The following i'm orsRnt bIll authorizing mortgage
indebtedness be deducted from the assessed value
OF real estate tnsroaucsd BY Mr. Allen, OF Erieh va,
Means. IL 10 ~ foiluwsi-s s#4@ stA
SECTION LIN all Of mortgage upon real estate
from I 'hs
estate ths amoan. Of .sy such existing unpaid lien
such deduction shall state writing the
his trustee. Guardian or sssignse
holding :.s.s 'asa no;.s g Iisa;
sssa ss'i lion S:.:s
Of % whn o. .us y But
have is principal Office Of ssswhss within the
Ss s'n sssn .n' as 70 the
o. ..s Ely or s ssd rns,s such hGas, a., g
Of Sans.s showing the Of an .moun:
% 70 r. Sso as
ration owning she same wheeupon the assessor to whom
BE- upon his roll 70 holder owner
., corporation Ssnns shs same and 'Ssa
o snss ay BE- h
s %
1fs .,a
AL shan De lawful iSr the p.I.i.. to any mors.ss
therein an agreement the effect that mortgagor
viii \. ... both oTais "a and 4.
are % and 10 al es:s, n wasa
OF this shall not apply 20 real estate 90 morsgagsd nor
'" '"s" MORE POWER TO The suRRoGArHa
Mr. warns's bill sniargng the powers Of surrogates
10 here gwen entire:-
20 81
by 20 whom such Application Ia made. or by
e.Sa Of IN
any win 10 the ssnr o. Toe 81 .Sm ,usa
sueh and discharge such executor, admins
ras upon such terms and conditions his judgment
issSs s.ssrs o. adminssraou with the viii o
letters Of collector or appoint successor to sach trustee
SIC Amy such executor. administrator or collector.
osesarsed Or any such tsssmen..y gasrSsn irns
tee guardian who snail have been discharged from his
trust provided be required 10 render
count OF his proceedings IN the same manner as before
and discharge. and such Surrogate snail
have the power direct and control HIS eonducs
which he has by law. until he shall have uily
with all the orders OF the surrogate pertaining Ills
trust aud said revocation aud DISCHARGE.
ANOTHER VITO MESSAGE
The Governor, by tho hand OF his acting private
secretary. Colonel A. N Devoe, presented the follow
ing 10 the Assembly Today
To rnr Assembly
return without approval Assembly Ball No. 147 entitled
An act la relation TO the keeping OF certain pub
lie onbces In the county Of wesehsstr" The ksvised
statntes prescribe the days hours which the
oces o. clerks and registers In all the counties OF the
state shall be kept lucy expressly except all days
which were then declared 20 be hdays sud all which
should thereafter declared This Oil IL based
the assumption that OF the days observed
public holidays have not been declared such by law Tor
other than Tor tue presenting and protesting
oIcomm ial paper do not think that the statutes
subject will bear such construction. II they
will the prvpsr remedy IL to pass gen.
sra act which VII, ~ applicable 70 all the