Daily Yellowstone journal. [volume] (Miles City, Mont.) 1882-1893, 1889-02-13
correctly engrossed. Passed to third
reading Of council bills.
MOTIONS AND RESOLUTIONS.

MOTIONS AND RESOLUTIONS.
Bickford introduced resolution to
extend the SYM atbies of the council
10 the bereavcd widow and children Of
Major w. J. Mccormick. Read first
time and adopted by 4 unanimous
vote.
President Cole introduced G. G. r.
No. 10. TO provide for The adjournment
of the legislature on the 25th day Of
February at II o'clock, noon Of said
day. Read first and second times and
referred TO the committee on ways and
means.
Message from the house announcing
the notices and introduction Of bill
and loss of c. b. No l6. by q unani-
nous vote was read and filed by the
chief clerk.
THIRD READING OF COUNCIL BILLS.
C. B. No. 10. an act to amend Sec
ton 2i2 and 246 of the fourth division.
Compiled Statutes, relating TO va
grants, was read third time and placed
on final passage. 1t was passed BY the
following vote: Ayes IL, nays 0. Title
agreed to.
c. B. No. %, an act 10 amend SEQ
ton 255. first division. Compiled
Statutes. relating tn formation OF
juries, was read and placed on final
passage and was passed by unanimous
vote.
TEN PER CENT OR EIGHT PER CENT
The house discusses the much dis
cussed interest bill again.
The house did not convene until 3
o'clock In the afternoon at which time
all members were found to be present
excepting Whitney and Waite. The
early part Of the session Was occupied
In routine matters relative to the read
ing of divers bills Of both house and
council.
Garrett, of the committee on en-,
grossment, reported correctly en-
crossed Z. B. No. l2. Congdon report
ed correctly printed Il. B's IL, q
aud Is.
H. b, %, for appointment Of probate
clerk was referred to the committee on
ways and means.
H. b. 25, was referred to judiciary
committee.
II. B. No. 25. entitled an act to
amend the 4th division criminal laws,
was referred to ihe judiciary commit
tee.
Willis gave notice OF introduction OF
bill for amendment Of License rshiiyas
to retail liquor sellers.
Hunt gave notice that he would
Introduce bill relative to amend
ment Of mortgage law.
H. B. I2, an act TO enable certain
towns to incur Indebtedness, read
third time and passed by q vote of IL
to-.
The council bills, relative to fixing
legal rate OF interest on money loans
In default of specific agreement at 8
per cent. per annum, came up for third
and passage.
A discussion arose as to fixing the
rate Of interest at either or 10 per
cent. Davis said his recollection was
that motion was carried by eight 10
seven fixing the rate Of interest ct 10
per cent. Saxton then took the chair
and Mantle said that he thought the
bill ought to pass reducing the legal
rate of interest. The rate Of 10 per
was too high. He did not know Of
any state or territory where the rate
OF interest was 70 great. IL bears upon
those who can least affort to pay Il.
The bill did not interfere with any
agreement between parties. II appsr-
tsined mainly to interest on judg-
ments, and no man 10 going TO allow
. judgment TO be rendered against
him II be can afford to pay the claim.
Il ought not be that he would be
be forced to pay more than 8 per cent.
Haskell Of Dawson-It is not ques-
ton % TO whether they would vote su
5 per cent. or 10 per cent, but whesh-
er the work In the committss Of the
whole should 90 for nsught. The
committee OF the whole, BY vote of
10 Z, determined that the per csat.
bill should not pass. The clerk had
been instructed by amendment t.
Insert the word ten instead Of eight
Mantle replied that 10 Insert NE
word ten was useless. because the law,
~ 10 now stood, was 10 per cent n the
word ten bad been inserted Il would
be the same thing - not having any
bill st ell.
Mantle then moved that the word
ten BE- inserted and Hunt seconded.
Davis asked n an amendment cooIa
be made npon the third reading Of the
bill.
The water works st BunAlo. wyo.,
were tested recently anc found n ~