The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1890-10-22
Tuesday, October FL
sENATE-MoRNING.

SENATE-MORNlNG
Bills Introduced and Referred.-S. SO, by
Senator Nichols, exempting certain mort
gage indebtedness from taxation; com. on
grand list. Any Indebtedness bearing in
terest at rate not exceeding five per cent
annually and Indebtedness to savings
bank or trust company at rate not exceed
ing two and one-half per cent semi-annually,
which is secured upon real estate situated
within the state, shall be exempt from tax
alton to an amount not exceeding the sum
for which such real estate is set in the list
and taxed The receipt or acceptance of a
higher rate of interest than that above
specified upon any Indebtedness so claimed
to be exempt shall operate as a forfeiture of
interest paid upon such Indebtedness, to be
recovered in the same manner as in the case
of usurious interest. Existing mortgages
may come under the provisions of this BILL
providing the parties thereto enter into a
contract to pay and accept interest in an
amount not to exceed five per cent annu-
ally.
S. 80 by Senator Nichols, to provide for
the payment of the expense of search war
rants; com on judiciary. Provides that a
fee of one dollar be allowed for the com
plant and warrant, and for making search
one dollar with ten cents mile for neces-
sary travel to be paid by the state, when
the states attorney certifes in writing in
the warrant that the search ought to be
made.
=. e
Pike the sum named; com. on claims.
S. Al, by Senator Abbott providing for
the formation Of cooperative savings and
loan associations; com. on banks. Any
fifteen or more persons may organize; the
encouragement of industry, irugality, home
building and saving among its members, its
object ana purpose. Bill further generally
provides for organization and management.
S. ~, by Senator Fairchild, to amend Sec.
As of No. 9, of the acts of 1883, relating to
public institutions; com. on education.
Provides for the holding of public examina-
lions of teachers in each county on the
third Tuesday in March, ON the third and
fourth Tuesdays in July, and ON the third
Tuesday in November
S. 43, by Senator Fairchild, to amend Sec
1924 K. L., relating to forcible entry and
detainer; com. ON judiciary.
S. A, by Senator Allen, by request, pro-
viding a common seal for justices and free
hold courts; com. on judiciary, The seal
to be as follows; State OF Vermont (name
of county,, justice and freehold court" In
the center the name Of the justice and the
town of his residence.
House BHs Redd and Rcterred.-H. "a, tC
legalize quadreAnial appraisal OF real estate
in the town of West Rutland for 1890; tC
com. on grand list. ii. ~ authorizing the
town of Middlebury to fund its indebted
ness; to general com. III. 70, toincOrpOrate
Hot Springs water company; general com
Joint ReSOlutiOn.-From the house, direct
ing Worlds Fair committee to issue certain
printed letters to certain classes, was read
and, ON motion of Senator Nichols, or
dered to lie.
Third Redding Ordered.-S. "A, to pay J. p
LamSon $50, as proposed by the committee
for Wednesday morning. Adjourned.
HoUsE-MoRNING
Devotional exercises by Rev. Mr.. BishoI
of Montpelier
Bus Iatroduced.-H. 1874, by Mr. Mann
giving taxable female citizens right Il
vote in town, village and fire district meet
ings; judiciary
ii. 1876, by Mr.. Smith of st. Adams, to es
tablish a state board of pharmacy, To join
special com. on public health. The bill
proposes the creation of a board to regulate
the sale of drugsl.
II. 1876, by Mr.. Livingstone of Morristown
to incorporate the Union Savings Bank ant
Trust Company of Morrisville; com. OF
banks.
H. 1877, by Mr.. Smith of Fairlee to chang
the name of Farlee Pond to Lake Morey
general committee.