San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1891-02-10
STATE LEGISLAT URE.

The senate held open doors until 8
p. M, trying to secure a quorum, but
1t did hot materilize and the patient
chaplain and the waiting statesmen
adjourned.
House met and excused the absen-
tees from Saturdays session.
Received the usual petitions pious
and not pious, wise and otherwise;
was flooded with the usual number
of bills, and got down to business as
well as 1t knew how.
House bill COY was amended and
passed and as amended gives cities
the same liens on property assessed
by them for taxes. as may be here
after secured to the state by the state
constitution and laws.
Senate bill II was passed to read:
That it shall hereafter be unlawful
for any person firm, corporation,
association or combination OF whatso-
ever kind, to enter into any stipula-
ton, contract or agreement by reason
whereof the time in which to sue
thereon Is limitsd to a shorter period
than one year, and no stipula-
ton, contract or agreement for
any such shorter limitation In
which to sue shall ever be valid I'm
this state. No stipulation in any con-
tract requiring notice to be given of
any claim for damages as condition
precedent to the right to sue thereon
shall ever be valid unless such stipu-
lation is reasonable, and any such
stipulation fixing the time within
which such notice shall be given at q
Iaoo rorinI than y,inatu dave uAou hn
void, and when any such notice Is
required the same may be given to
the nearest or any other convenient
local agent of the company requiring
the same. In any suit brought under
this act 1t shall be presumed that
notice shall be given unless the want
ofnotice is specially pleaded under
oath.
Wurzbach's bill passes amending
law SO that county commissioners
meeting as board of equalization
can meet in May or June, as they
deem best.
The commission bill makes no pro-
gress in the hands of Its committee.
Graham's bill providing for the in
vestment of the school funds of the
state Is the most important yet sub
mitte1. 1t provides for the amende-
ment
Let in Bonds of the United States
I'd " Bonds of the state Of Texas
Sd Bonds legally issued by any
county In the state of Texas.
4th. Bonds legally issued by any
city of over 10, 600 inhabitants in the
state of Texas, under certain restric-
tons.
9Th. First mortgage bonds OF rail-
way built under Texas charter and
then under certain stipulated con-
ditions.
After providing that the railroads in
whose bonds the school fund invest
ment is made shall not build less
than so many miles, of certain grade,
and with a tOnaflde capital of not
less than 1000 per mile, and fixing
terms of investment and payment
ect the bill enacts.
Section 2 The first mortgage rail-
road bonds purchased by the state
under the provisions of this act shall
have priority over all other debts of
such railroad company, Ontracted or
to be con tracted, and no court shall
ever authorize the contracting of any
debt or the issuance Of any obligation
the payment of which shall be prior
to that of the said first mortgage
bonds. And the state of Texas, upon
the execution of said bonds, and by
virtue of the same, shall be invested
with said lien, or mortgage, upon all
the property and franchise of said
railroad company embraced in said
first mortgage for the payment of said
bonds and the interest thereon as the
same becomes due. without the neces-
sity of any deed, special contract or
act of administration.