Morning journal and courier., 1893-04-13
PASSED THE SENATE.

The House and Senate.
 HARTFORD, April 12 12-[Speeial]-Ihs pool bill passed the senate to day by a vote of 21 to 1, after an amendment offered by Senator Miller, exempting trotting as- sociations from its action during their spring and fall meetings, had been lost by a vote of 19 to 3. Senators Holcomb, Cleveland and Fox made strong arguments in favor of the bill, going over and refer ring to the evils of pool rooms and gambl- ing, which were as we'll known to the members of the senate as the public, after which the bill was put upon its passage.
 At 1915 o'clock the senate took up the order of the day, the contested election case of ex-Senator Edwin 0. Pinney, dem., against Senator George E. Keeney, rep.
 Mr. Pinney's petition to be declared elected senator from the twenty fourth district was unfavorably reported upon by g majority of the committee, Senators Pierce, dem, and Holcomb, rep. Senator Holden, dem., presented minority report declaring MT. Pinney elected and unseat- ing Senator Keeney. The debate was opened by Senator Holden in favor of the minority report, which he moved to sub Holcomb, rep, made long speech in sup port of the majority report, and was fol lowed by Senator Pierce, dem., on the same line. MT. Pierce argued in favor of settling the question without being gov erned by party exigencies, and appealed to democrats to vote in favor of Senator Keeney, who he said was undoubtedly elected.
 After three hours debate the senate vot- ed against the minority report, declaring ex-Senator Keeney elected by vote of 6 to Ii. The majority giving the petitioner leave to withdraw was accepted, Il to 8, Senators Cleveland and Pierce, democrats, voting with the republicans. Senators Root and Gardiner, democrats, were paired with Senators Milner and Brooker, repub- licans.
 The senate confirmed as members of the state board of health Professor William H. Brewer of New Haven, Dr. Ralph s. Good win of Thomsston, Dr. N. E. Woodin of Bridgedort. Attorney George P. Ingersoll of New Haven and A. H. Mckenzie of Southington.
 Before the judiciary this afternoon 8 lively hearing took place between the local building and loan associations on the one side and the national associations on the other. The fight grew out of a bill drawn by Attorney Harry W. Asher of New Ha- ven, in the shape of a proposed act to govern building and loan associations, and applied principally to local associations, but which also in effect would bar out na- tional associations now doing business in this state. The national associations do not object to the local part of the bill, but to sections 29, 30, 31 and 32 of the bill,
 which read as follows:
 Sec. 2s. Every foreign association or corpora tion organized under the laws of other states and
 doing business in this state similar to that con the name of Building and Loan associations,
 shall be subject to the provisions of this act.
 Sec 30 Every such association or corporation
 shall be required, before doing any business in
 this state, to file certified copies of their articles of incorporation, constitution and by laws with the secretary of the state and the town clerk of every town in which socaIled local boards exist, together with sworn statement Of assets and | liabilities; They shall furnish annually during the month of January, to the bank commission CTS of this state, a sworn statement showing
 their condition on the first day of said month The statement shall also show the amount col lected from Connecticut stockholders during the l year next preceding the date of said statement l miums and fines, together with the total amo unt at that date due to members for dues capital
 ly, during the month of July into the treasury oi
 this state; & a tax equal to per cent Of the tota
 
 by the statement filed with the bank commis sioners during the preceding January. Said bank commissioners may furtaer require from such associations or corporations returns to be made to them in such form and at such time as they may elect.
 Sec. 31. It shall not be lawful for any foreign
 in this state until it has constituted the treasure,
 Of the state au agent for the service of wrts and
 bends of the United States or of the state of Con
 necticut, or other equally good security satisfac
 tory to the state treasurer, to the amount of $60 When the amount due to members in this stat, l shall exceed $50,000 the deposit with the treas
 urer shall be increased by an additional amour
 of bond securities in no case less than ten pei cent. Of said excess. The above bonds shall bt
 held Tn trust by the treasurer of this state fol the protection and indemnity of the residents oi
 this state with whom such associations or cor porations respectively have done or may trans act business. Such deposits shall be paid out ol
 disposed of only on the order of the superior court made on due notice to the state's attorney
 of the county where such order is made, and
 holders of such association or corporation as the court shall prescribe.
 Nothing herein contained shall be 50 construed as to prevent such foreign associations from l loaning money upon mortgages of real estate | located within this state.
 | Sec B. Every person who shall violate any oi | the foregoing provisions for which no other pen
 a is CT provision made sna
 The bill was thoroughly explained to the l OOlI11UtO0 ny AgGOIuCJ ASASI, WAO MHOS l an eloquent and able appeal for it's pas.
 sage, explaining the benefit the local asso l citations are to the public and the good
 they had done in the past towards making | good citizens and taxpayers. He
 said during his argument in explain. ing why foreign associations should
 make deposit, that it was for the benefit
 of the local associations, and the protection
 of the working people. Such law Is in
 existence in Pennsylvania, New York, New Jersey and Massachusetts, for the very | purpose of shutting out foreign corpora tions which are not mutual in their nature and that is what was desired in this state | for no purely mutual association could ever afford to make such deposit. Francis H. Parker of this city, Charles F. Southard of New Haven, who has made | @ thorough investigation of these associa. ! tions, and others spoke in favor of the bill and against the national associstions. Hon. Henry 0. Robinson appeared for the Anglo-American B. and l.. association, and said that while he was in favor of the local associations and the local part of the bill, he believed in giving the national as- I sociations the same rights. and offered by
 way of amendment that the objectionable parts of the bill above referred to be | amended so as not to include companies
 strictly mutual.
 Attorney o. E. Hoadley of New Haven, who is gaining quite a reputation as an at
 torney at the capitol, appeared for the l Mercantile Cooperative bank of New York, and opposed the bill on the ground
 that the people should be allowed to put their money in any association they zoe l fit, whether local or foreign, and that az l no building and loan association would | ever be able to make the required deposit l the adoption of the measure would com pletely bar out foreign corporations. The Senate.
 After three-quarters of an hour debate the bill abolishing pool selling and gamb-
 ling in all forms, which is commonly known as the "pool bill" passed the sen- ate by a vote of 21 to 1.
 Senator Milner offered an amendment | which exempted the inclosed grounds of any association, organization or corpora tion under the laws of the state for pc
 riod of twenty days between May 1 and | November 1, during the progress of any trials of endurance and speed, the intent l of the amendment being to exempt spring | and fall meetings of trotting associations. The amendment was lost by vote of 19
 to 3, after which the original bill passed. Calendar business was passed amending | charter of the Ledyard Cemetery associa-