Daily Republican., 1883-02-20
OUR LAW MAKENA.
Passage OF the Bill Relating 10 New
Castle Court HOuse-ln r1nce
COsnnNisaiOmer's Report.

Both houses Of the Legislature con
vened this afternoon and considerable
business was transacted in the space o
two hours Speaker Bates was absent
and Mr.. Justis was called TO the chair
The most important business transacted
In the House this afternoon was tn,
consideration and final passage o
Senator CoOpcr's bill 10 vest the title Of
the old county buildings in the city o
New Castle in Trustees Messrs. Craw
ford and Cooch agifatcd the necessity o
the passage of the bill, while Mr.. Bar
low opposed it for the reason that h,
thought 1t took away the right of the
county to the buildings ana thuught il
should be explicit in that direction. Ar
cordingly an amendment was offered
securing the county's title to the sam'
and passed as amended.
Senator Chandler gave notice OF bill
incorporating the United States Ga,
and Water Company, which is in sub,
stance AS follows:
The incorporators named in tn" bill
are VIM. jerks Fell, Charles NJ. Morris
and Sidney 7. Mutfiy, and the object Of
the corporation Is to contract with cOun-
ties, bodies, corporate or polite, muni'
cipalities, corporations or individuals,
either of the State Of Delaware or else
where for the purpose Of constructing,
purchasing, leasing or operating works
for the supply of gas, water or electrici,
ty; to contract for, receive, have, hold
and enjoy by purchase, lease or other
wise, estate, real, personal or mixed in
fee simple or otherwise, and the same to
sell grant, mortgage, lease, alien or dis
pose Of in such manner and On such
terms as il may deem proper; tn issue
bonds bearing interest at a rate not eX-
ceeding six per cent. per annum, either
secured by mortgage or mortgages or
otherwise, and further empowered as in
cases of other organizat ions. The bust
ness will be managed by board of
directors elected by the stockholders,
with a capital stock not exceeding $500
900. The sole object Of the bill is to
create Il manufacturing establishment
for the purpose above named, with its
home in Delaware
COMMISSIONER McFEE's REPORT.
The second biennial report Of In
suranCe Commissioner John H. McFcc
was submitted to the General Assembly
this afternoon. lisa lengthy, ns well as
interesting document, and fully shows
The necessity and advantage Of such Il
commission. While it purportS to have
no smell of political partsanship upon
its garments, its course OF action has
made manifest its efficiency to all who
have had business relations with it.
The large increase in the business of
insurance in the State, and the growing
faith of the people in the necessity and
benefit of insurance are attributable, in
u great measure, to the supervisors and
care Of this department. In 1879 there
were 81 companies authorized to do
business in the State, and the number
has increased 10 1f. The department
has guarded and protected the in
Snrance interests of the State T." tn"
utmost of the power entrusted Ia il by
the General a Assembly.
1t has prevented the State from being
flooded with speculative and fraudulent
companies, which pcrSistrntly but vain
IS sought to gain admission. 1t has
and assisted the entrance Of
all sound and solvent insurance com
panrs. II has established proper
and au etlrctual system of faccour,tahili-
~ Ly assessment or ON co-orrrn,iyc
rnnuaui.s and il has ,ud,ovnr.d ,o
fullv u.rfnrm th, dntv ,ui,iurL uunu il
hy thr law "tn s.r TIA, ali tl,. lnws ,f
ti,iS STAR. r,.n,rtiuu iusur,ur. c,,nnor-
les nre futbfully executed The re-
,naiud.r nr ih. rrn,rt il d,yn,.l tn piy-
ing the number and description OF the
various companies operating III the
Stalt th' '"iil'',"hs ny "hlcn c"i'lla-
mes are adii'lt''d, anu Il hfl'I skrtrh set
tihg iorln 'iia' no lur'hei ltgiSEiti"h Is
desired Tor he success OF IN" offcr, as
the present law meets the case III f,ill.
The report also dwells on the subject
Of speculative and unauthorized lnslr-
ancr. In the after the commissioner
states that he has good reasons to be-
lleve that some oi our business men
have their mills, factories and other
business establishments largely insured
in companies not authorized to d" bust
ness in this State, and further states