Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1879-03-07
CAPITOL NOTES.

Nashville American, 9TH
The annual report Of the State
superintendent of public instruction
is being distributed.
The house passed on its third read
ing, yesterday, senate bill authorizing
cities having a population Of not less
than 10000, nor more than 10000, in
h~abitants, to issue coupon bonds to
the amount of $1,000 00. This bill
was introduced for the benefit of
Nashville to enable her to fund her
past due indebtedness. 1t provides
for the issuance of bonds from one
hundred to one thousand dollars, at
the discretion of the corporate
authorities, and to run from one to
thirty years and to bear six per cent.
interest. 1t was about to fail for
want of a constitutional majority,
when Mr.. Bryan rallied to its support
those not voting and thus enabled
Nashville to fund past due railroad
and Alden bonds.
A lengthy discussion over the cleo
tion laws took place in the House
yesterday, 1t resolved itself into a
question as to whether the ballot-bOx
should not always be kept in sight Of
the judges and not given over to one
judge, either during the election or
after its close. 1t was referred to the
judiciary committee.
Mr.. Wiltse offered a resolution in
the house yesterday to appoint two
commissioners from each grand diyis-
ion of the State to consider whether
this State should not Join in the move
ment now in progress for a reform in
English photography by making the
letters conform to the sounds Of the
language.
Owing to the fact that the house
held a night session, the Republican
members t the legislature did not
have a conference on the State debt.
but postponed it until tonight.
1t is understood that the Democrats
in the General assembly will hold an
informal conference tonight with ref
to the State debt.
The following Senate bill has passed
three readings in the senate and its
first reading in the house:
An Act to repeal section 3 of an act passed
March %, 1875, entitled Gan Act to reg
ulate the business of fire and all other.
except life, insurance companies, and to
regulate the business of fire and marine
insurance companies"
Section /. Bel it enacted by the gen
eral assembly of the State of Tennes-
see, That hereafter all fire and marine
Insurance companies doing business in
this State shall, in addition to the
other duties and requirements set
forth in the act passed March %, 1875.
entitled an act to regulate the bust
ness of fire and all other, except life.
insurance companies, except the see
ton hereby repealed, depositwith the
insurance commissioner of this State.
and at all times keep on deposit with
said commissioners, the sum of twenty
five thousand dollars in bonds of the
United States or other bonds being at
par value, and to be kept at par value
by additional deposits, so as to have at
times on deposit the sum equal to
the amount required in this act to SC.
cure policy holders.
Sec. 2. Be it further enacted. That
where any loss occurs by fire against
the owner Of the property.
50 destroyed holds an insurance
issued by a foreign company, it
shall not be necessary, in any suit
brought against said company, to make
all the parties holding policies in said
company parties to said suit in order
to reach the bonds left on deposit with
the commissioner of insurance as pro
vided for in section l of this act.
Sec. 3. Be it further enacted, That
3 Of an act passed March %.
entitled an act to regulate the
business of fire, and all other except
life, insurance companies, be and is
repealed.
Sec. 4. BE it further enacted, That
this act take effect from and after its
passage, the public welfare requir-
ing it.