New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-03-30
PASSING TIE INSURANCE CODE.
OPPOSITION IL THE ASSEMBLY 10 CERTAIN
FEATURES OF IT -CONFERENCE REPORT on
STREET CLEANING BILL ADOPTED.

OPPOSITION IL THE ASSEMBLY 10 CERTAIN
FEATURES OF IT-CoNFERENCE REPORT on
STREET CLEANING BILL ADOPTED
Albany. March 90 (SpoaD.-About all Of tbs
morning, session # the Assembly was consumed IN
the discussion 81 the Insurance Code, which Is thc
work OF the statutory Revision Commissioner 10
three features Of the bill there was considerable
orposton but tho main point which III" hight
wa, wngcd was the clause which compcis an insurance
company 10 deposit with the Superintendent Of In
,,rancc 100000 for cnch Kind Of business 1t does.
The Fidelity and Casualty Insurance Company. OF
New York. has been making II Vigorous campaign
against this proposition. The clause WAS originally
introduced by Asscmbyman sullivan ns separate
ILL., but IL was put into the general bill by the Com
missOncrs.
When the Assembly opened this morning the
ro,r was crowded with representatives Of tho con
pany members ot the third house and other mon
who were working for aud agnnst the section
Sullivan moved TO have tho Assembly cleared ~
all except those who had right 10 be Their.
There wa, 4 good deal o. remoaSirancc but the -
,cant-at Arm. did hi> cuty tlo;oughly. Then sulI
van moved call OF the ouh,. In order 10 get within
the rail all the member who had promised To vote Tor
the bill
Tie other two sNciiors which created discussion
we're Those lceslarng ont ~ existence TIE wildcat
endowment schemes and compelling the Fidelity AID
Casualty Company n deposit 100000 for each hnc
Of business n !, engaged ~. M bfNp Hihd' "A hEhl
for the company on the latter point. lie said tat h'
company WAS organized under special net. ard unt
the BILL It now stood VII, an attack on vested
rights lie added that tho bill IN the Interest OF
Baltimore COMPANY. which wanted 20 come Int" the
state 10 do bu-inc.S
VI, Kccer hcl 'a, the bill d~-troyed an outr'rcou'
monopoly. lie AID further that Mr. D"yo wanted ~"
Fidelity and Casualty COMPANY to % bu,iaeSs 10 all
liz four Of five b..,nchc' On 100000 deposit. in
" ,ha het he Officers 81
the Baltimore COMPANY had told onhrcrs Of Inc New
York company that II The lrti"r wouh purchase Balu
more stock at outrageouSly high rat" this feature
- the bin would not b" pushed. Mr. Deyo proposed
An amendment 10 carry ont hi, .Iel>. but II was Dc
,cated bv-a vote Of ~ I" GO.
NJ Oniclcv OF Brooklyn. came forward the
ch,mpon Of the widcat benevolent" scheme. lie
,ppesed 10 the members to support him. and they
resnouded 10 the number ~ iol. lie amended the
ll 20 that thoo association, alleged TO be benevolent
,honld not be iutcrfercd with. The bill finally passed
bv n large vote.
When Governor Flower selected Assembly, man
poche's bin a. the one Oh which make his apology
for signing Central Park iacerack bill In such q
hurry he told Mr. Roche that II the latter would send
an second biz. changed in minor particulars he
womb ,l.n il Immediately after IL had been passed.
Hoche's bill provided for n pension fund for the New
York park police. lie rclntrodncc 1t Ia day, making
IL pcrmissive Instead OF mandatory. The bill went
through both houses with unanimous consent IN ABOUT
fifteen minutes.
The bin appropha,ng 100000 for tho Improvement
Of dairy products In the state also passed me As
scmbiy The only negative vote was that OF DR..
Iirake, a Sullivan County Democrat.
The conference committee OF the Senate ana As
emily on tho Citizens street Cleaning bill made
their report 70 day The committee restored mo Dill
10 IL, original condition, regards salaries ana wages
10 he pald under H. The Assembly adopted the re
port without opposition. M. 40
senator Aspnan's bill appropnatng about T2o,ooo
tn he OF the members OF the hhetinDD
against whom David b. lin ordered contests TO DC
brought last winter passed the Assembly.