Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1893-07-13

| corporation has with previous payments 10 tue
general treasurer. paid into the treasury foi
the use Of the state sum equal 20 one-tenth OF
one per centum Of It's capital stock 10 In
creased.
sEo. u. Every corporation organised under
the provisions OF this act shall have all the
powers and privileges, and be subject 10 all the
duties and liabilities set forth In Chapters lbs
and l65 OF the Public Statutes, and IN any acts
In amendment thereof and In addition thereto.
SEQ la All acts and parts OF acts inconsist-
snt herewith are hereby repealed. and this act
shall take effect upon its passage.
CHAPTER l.ol.
Passed May "a. iS9a)
AN ACT to provide for the creation of Board
Of State House Commissioners, 10 define their
duties, and 10 provide for the issuance Of the
bonds of the state to an amount not exceed
It is enacted BY the General Assembly as fol-
lowG
SECTION I. Herbert w. Ladd, William
Ames, Olney Arnold. Albert L. Sayles, Francis
L. O'Reilly, John w. Davis, George Peabody
Wetmore. Nathaniel q. Church, Joshua VIII
bour, Enos Lapham, Rowland O. Hazard, ID.
Russell Brown, and Elery II. Wilson are here
by constituted boardbf state house commits
sioners, who shall perform the duties specified
in this act they shall hold Office for sufficient
time to accomplish the purposes OF this act, and
shall serve without compensation. Any va
ernor, with the consent of the senate. Five
members Of the commission shall constitute
quorum.
suo. q Said board shall at once proceed TO
select and acquire site for new state house.
either under the provisions of Chapter 9l3 of
the Public Laws or by purchase or by condem-
nation, as said board may determine. and 10
erect thereon q new state house substantially
in accordance with the plan accompanying the
report Of the state house commission made TO
the general assembly at its January session,
l8a2, and recommended by said commission.
The said site shall be acquired in the name of
the State of Rhode Island, and for the purpose
of acquiring land by condemnation for said site
said board Is hereby given all the powers
Of condemnation conferred upon towns In GER
tain cases for the purpose of taking land and
property for water supply by Chapter 2s5 of
the Public Laws, and In case said board shall
% take any land for the purposes of this act II
shall proceed In all matters In relation TO such
land as provided In said Chapter 2S5 in the case
of land taken under IL provisions, and owners
Of land 80 taken shall have the same rights Of
appeal from the awards of said board, and
rights OF jury trial thereon, as are secured 10
owners Of land taken under the provisions of
said Chapter 2S5 by its provisions.
SEQ 8. Said board 10 hereby authorized TO
make. on behalf Of the state, all contracts for
the construction Of said state house and the
furnishing thereof. and for the grading and
surrounding the same, provided that all por-
tions Of said word exceeding ip cost the sum OF
five hundred dollars shall be done BY contract,
and that proposals for sn work or material
exoeeding one l-ousand dollars In value shall
SEQ L Said board 10 authorized and direct
cd 70 employ u competent architect or archi-
teots, and may also, II IL deem IL advisable, en-
ploy superintendent, . secretary, and other
assistants and may fix the oompensation Of all
persons 30 employed. 1t may also hire offices
necessary for the proper carrying on of Its la
bors; and the expenses incurred under tlhs
section shall be paid for In the same manner
rs other bills audited BY said board.
SEQ 0. No commissioner elected or appoint
ed under this act shall be directly or Indirectly
In any way interested in any contract made
bnder this aot. under penalty Of removal from
sfice by the governor upon proof of violation
H this provision.
SpC Q. Said board shall annually, at the
January session, report to the general assem-
bly, the progress Of the work entrusted TO 1t,
The contract. outstanding and the sums ex-
pended by 10 to the date Of such report
|. SEQ. Z. To meet the expenses incurred under
this act, the general treasurer is hereby au-
thorized and directed TO issue scrip or certif-
Gates Of debt In the name and in behalf Of the
state, and under its seal and countersigned
by the governor, to an amount not exceeding
one million Ave hundred Thousand dollars, to
be designated "The State House Construction
Loan" Said scrip shall be issued as regis
tered bonds, or with interest coupons at
tached: shall mature not more than forty years
from the date of its issue; shall bear interest
Ut Q rate not exceeding four per centum per
Annum, payable semi-annually In gold coin OF
the United States Of the present standard OF
weight and 1neness; shall be redeemable at
maturity in gold coin Of the United States, Of
the present standard of weight and fineness;
and Shall be sold from time to time, at such
al-- l. 4~a h., a.tI
board shall determine, to the highest bidder,
After public advertisement, but at no less than
the psr value thereof. Said bonds shall be ex-
empt from taxation In this State.
sno. 9. The general treasurer shall, on issu-
Ing any Of said bonds, establish sinking fund,
and apportion thereto from year to year an
amount sufficient. with Its accumulations, to
extinguish the debt at its maturity. The
amount necessary each year to pay the interest
and sinking fund requirements OF said bonds
phsll be included In and made part of the an
htiA appropriation bill for the expenses Of the
state government and any premium over the
par value OF said bonds received on the sale
thereof shall form part OF the sinking fund
for their redemption.
SEC. o. The amount received from the sale
Of said scrip, less any premium received over
the par value thereof as provided In section 8,
or 80 much thereof as may be necessary, is
hereby Appropriated for the payment Of bills
audited by said board, or by committee there
OF duly constituted for that purpose. and the
state auditor is hereby authorized and directed
to draw his order upon the general treasurer
for the payment OF all such bills out of the
amount % received. This appropriation shall
not expire with the fiscal year of the state, but
shall continue In force during the existence of
said board.
SEC. 10. This act shall take effect upon its
passage, and all acts and parts Of aots incon-
sstent herewith are hereby repealed.
CHAPTER Loo.
AN ACT In Amendment Of Chapter 7a2 Of the
Public Laws, entitled "An Act Relating to
Life and Casualty Insurance on the Assess
ment Plan"
II is enacted by the Gsneral Assembly a. fol-
lowsi
SECTION l. Section Of Chapter 7s2 Of the
Public Laws. passed at the January session Of
the general assembly 1880. Is hereby amended
20 as TO read as follows;
"Src o. Every foreign corporation organ
lied to issue policies certificates Of life or
casualty insurance on the assessment plan, a.
condition precedent TO transacting business
In this state, shall deposit with the Insurance
commissioner certified eopy Of It's charter, q
statement under oath OF i8 president and sec
retAry, In the form prescribed by the insurance
commissioners, OF its business for the preceding
year: certificate under oath Of its president
and secretary, that II is paying. and for the
twelve months next preceding has paid, the
maximum amount named In its policies or GER
unoates In full; a copy Of its policy or certin-
rate and application, which must show that
1.<l o.