New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-01-29
WORK OF THE LEGISLATURE.
TO PREVENT DISHONEST BANKING.
EXTENDING THE TERM OF THE RAPID TRANSIT
NEUTRALITY-SUSPICIOUS. WATER SUPPLY.
inv Tef ycp pu Tn T4R rRrpuSPi

EXTENDING THE TERM OF THE RAPID TRANSIT
Observation-Disclosures WATER SUPPLY.
TBr TELEGRAPH TO THE rRrBUNE.l
ALBANY, Jan. 2s.-The Legislature had dull
session tonight In the Senate the bill extending
six months the period of Office of the Rapid Transit
Commissioners appointed by Mayor Edison met with
opposition from Senator Murphy, who asserted that
the local authorities Of New-York did not desire the
passage of the bill. This statement was denied by
senator Thomas, who sand that the object sought in
extending the time of service of the commissioners
was to enable them TO investigate more thoroughly
the various systems of rapid transit, among Others
the cable system. Finally by a vote of thirteen to
eleven the bill was ordered to third reading
Senator Otis presented bill which is intended
TO prevent the use Of bank signs by private bank
ing concerns The recent failure of private bank
at Patchogue, which assumed the sign of n savings
Dank' mas shown the necessity Ofpassing some such
law. The bill provides that no person. partnership,
or association of persons shall use, or expose to
public view the word bank, either simply or in
connection with any other designation on any
Sign over his or her, or its place of
business or upon any check, bll-head,
circular, or envelope The penalty for disobeying
the law Is $1,000 and it is also made INSIDE
mcanor
Senator DAILY introduced bill changing the name
OF stnyycsant Square, at Seventh-st. and Third
ave. TO Cooper Park" in honor of Peter Cooper.
Assemblyman Van Colt introduced a bill author
izlng the Sinking Fund Commission of New-YOrk
10 enter into contract with any corporation to
furnish a special water service for ire and
sanitary purposes, and for supplying water
suitable therefor from any source with pres
Sule due and equal TO a head of 300 feet
above tldewaer, upon such terms rs they deem best.
The commissioners may by such contract authorize
such corporation to open trenches in streets alleys
sidewalks, etc. of the city for the purpose Of laying
down pipes and erecting hydrants for the disribu-
ton and delivery of water for fire sanitary and
other purposes in said city, under such restrictions
a. the commissioners may deem best; and such
contract may provide for the right of the city 10
purchase the works and property Of the said cor
poratlon upon inst aDpraisement made in such
manner as may be agreed upon at any
time within five years from the date of contract:
the compensation agreed to be paid under any such
contract for furnishing such special water service
a. aforesaid ana supplying water therefor shall be
provided Tor IN the appropriations for the expenses
OF the Fire Department of the City and County of
Nevy-l OTk.
The Assembly debated for half an hour tonight
Mr., hTuse's bin authorizing married women To
make contracts the same rs If unmarried Mr.
HasDrOuck, Of Ulster County led on attack upon
the bill. arguing that il really abridged the legal
rights of married women. pom his motion the
bill vas sen, back for consideration TO the Com
Httee of the Whole.