The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1889-06-07
SPECIAL LEGISLATION.


designing, in the public schools of said district or
In any department thereof.
SPECIAL LEGISLATION.
The following bills, relating 10 different ocall.
ties throughout this state were passed and have
been approved by the governor:
Directing the Pennsylvania Canal company to
abandon the public use of the canal between the
dam west of Huntingdon and the first lock west of
Newton Hamilton.
Giving permission to erect pier bridge
the Delaware river near Trenton, and allowing
the present bridge to be used a railroad bridge
as soon as the new bridge is completed
Authorizing the Norristown insane asylum 10
release a lien upon lot owned by the church Of
the United Brethren of Lebanon.
Repeating the act Of 1863 in relation to the ap-
pontment of collectors of state and county taxes
in Iackawanna.
To repeal the act extending tho road laws OF
Bradford county to Mcintyre and Lewis town
ships, LycoInng county, 30 far as it relates 10
Lewis township.
To repeal the supplement of the act incorporat-
ing the borough of Tamaqua, which provides for
the election of supervisor by the people at a sal
ary of S25 per month.
Repeating the provisions Of the act of 1872 re
quiring that the tax collector Of the borough of
Chambersburg shall be elected by the borough
council
Repeating the special act Of 1868 for the super
vision management and construction OF roads
and highways In Fulton and Salisbury townships
Lancaster county; also an act repeating the act
which extends the provisions of the act of 1868 to
Peach Bottom township in York county.
To repeal that part of the act designating the
several judicial districts of the state @hlch pro-
vides that after the expiration of the term of the
present additional law Judge In Northampton
count, there shall be but one law judge for that
Gi- trict.
Restoring Lawrence county to the same relation
to the State Agricultural society which existed
before the repeal of that part of the act incOrpo-
rating the society so far as it related TO that
county
To incorporate the Equipment Bridge company
and allow it TO build toll bridge across the Della
ware river a mile west of Equimink, Wayne coun-
ty; also to incorporate the Little Equimnk Bridge
company and to allow it to build bridge across
the Delaware river in the same county.
Repeating the proviso OF the law authorizing
the council of the borough of Wilkesbarro to bor-
row money to purchase public cemetery. 1t was
necessary to pass this act to enable the proceeds
of the sale to be used for school purposes.
Repeating the special act OF 1859 relating to
compensation of auditors of Northampton county.
Authorizing the removal of the iron fence around
the capitol grounds.
Repeating the act of 1869 relative to the collec
tion of state and county taxes in Wayne township
Schuykill county.
These local bills we're awaiting approval at ad
journment. Relating to streets and sewers in
Pittsburg, correcting the unconstitutional features
In the law now governing the same also repeating
Placing tax on dogs in Fayette county. Re.
pealing the special act relating to roads in West
| Whiteland township Chester county. To repeal
the act imposing upon burgess and councils and
| road commissioners of Warren township the du-
| ties of overseers OF the poor Repeating the act
which confers power upon the supervisors and
| road commissioners to lay out roads in Sullivan
county which pass from ons township to another.
| INTERESTING TO CORPORATIONS.
a number of the bills are of special interest to
| corporations and to the people of the financial
world. These those thst have been signed by
the governor and are now laws: Providing that
oil corporations hereafter Incorporated SHALL upon
| increasing their capital stock, pay to the state
| bonus of one-fourth of ! per cent. upon the
amount of the Increase. Exceptions are made In
favor Of the railroad companies bridge and ceme-
terry companies, canal or turnpike companies,
| building or loan associations, agricultural soce-
ties and corporations for library, charitable or
llPious purposes, all Of which are free from the
| payment of the bonus.
| The new revenue act is largely the work Of
| Auditor General McCamant, and he is very well
satisfied with IL as it finally psssed the legislature.
| He wanted TO reimpose the tax OF five mills
the capital stock Of manufacturing corporations,
because he believed it TO be necessary in order TO
raise the revenue required to meet the expenses of
| the state The legislature struck that provision
| out of the bili and manufacturing corporations
| continue to be exempt from that tax
AS passed the act makes a number of changes
in the existing law, and 1t is expected to increase
the receipts in the state treasury about $4,000
| year.
| The new provisions are as follows Restricting
| the six mill tax to Incorporated state and national
| banks; taxing corporation mortgages and corpo
| ration judgments three mills and making strin.
| gent provisions for its collection; all mortgages
| and judgments that go into the valuation of the
capital stock of such corporations as pay the cap
| ital stock tax are exempt from this tax
Title insurance companies, trust companies and
| corporations Of like character are required TO
| pay tax upon their dividends. One.third Of the
personal property tax is paid back to the counties
| collecting 1t and only one-fourth of the capital
stock tax instead of one-half is to go into the
sinking fund up to 1890. After that date one-half
l the capital stock tax will go into the sinking
| fund
The auditor general regards the bill as decided
improvement over the existing one.
State banks are enabled to become associations
| for the purpose of becoming United States banks.
State banks are also empowered by new law
to extend their charters for period of twenty
years.
There is also a new law now for the settling of
| title TO real estate This law provides that when
| ever person not in possession shall claim an in.
terest in or title to real estate, the person in pos
session and claiming title may apply to the courts
and obtain a rule upon the person not in posses
sion to bring an action Of ejectment within ninety
days from the service OF such rule, or show cause
| why not Nnen Sucn purity lnlS served with thlS
rule fails to appear in ninety days and show cause
why the action should not be brought judg
ment shall be entered against him, which shall be
final
Petroleum mining companies are given the priv
nege Of investing In the stocks and bonds of
natural gas companies in this state of those in
corpOrated by other states for a similar purpose.
The managers of limited partnerships are pro
hbited from paying to the president, secretary
and treasurer after such association has been in
va van tfnua alt IL,
the aggregate the amount of net earnings ac-
tualy earned during the year preceding, and such
officers salaries shall be fixed by a two-thirds
vote of the value of interest present at the annual
meeting
Railroad, canal, navigation and telegraph com.
panies are required to make uniform reports 10
the auditor general
Providing for the incorporation and regulation
of companies TO supply water TO the public and
| giving them the right TO condemn property and
water rights for the purpose of supplying water.
Also allowing corporations for the supply of water
10 issue stock TO the amount of 100000
Authorizing the extension of the charters OF
state provident institutions savings institutions
and savings banks for period of twenty years
and providing the methods and restrictions under
which such extension can be made
Declaring that bankers or brokers or officers OF
trust companies who shall take money from a
depositor knowing that such banks are insolvent
shall be guilty of embezzement, and shall be
| punished by fine and Imprisonment. There was q
provision in thas bill that II an officer received
money ten days before the institution became in
solvent that should be sufficient proof of hi
knowledge Of the insolvency of the concern. Th.
was stricken out.
Giving power 10 railroad companies consolidat
ing and merging their corporation rights anC
franchises, not parallel or competing, TO issu,
stock and bonds In excess Of the amount Of Ii,
authorized and outstanding issue Of such com
panies TO the full value of the companies prop
erty and franchises, but not to exceed $500 o.,
per mile.
Courts having eognzance OF trusts created b,
will or deed arc authorized 10 direct trust fund
10 be placed In the hands Of trustees In othe
states In case persons inter ested In the trust re
side In another state.
Telegraph companies, road companies, bridg'
companies, water supply companies, incline,
plane companies, ferry, light and heat eompanies
are given authority 70 mortgage their property
and franchises TO double the amount Of thei
capital