The Portland daily press., 1893-03-24
LOBBY TRIUMPHS.


Before passing the Dill, lne OeHdte, Oh
motion of Mr.. Deering, adopted an
amendment to include in the provisions
of the bill real estate investments In
New Hampshire. This was done on the
ground that there were a number of
banks located almost on the border line
between the two states and their real es-
tate investments were made on both
sides OF the line. 1t was also urged that
as savings banks made real estate invest
ments, as a rule, only in their immediate
vicinity, the amendment would be limit
ed in its operation. Nevertheless it
would seem that to the extent to which
these real estate investments are made in
New Hampshire, the State of Maine was
paying bounty on them.
The Listing Bill Again.
The listing bill was up again i'll the
House today.
Mr.. Powers said that as the House had
expressed its opinion on the subject of
the bill and as the Senate had seen fit
to differ. he hoped in order to expedite
business they would recede and concur
and the measure could be discussed in
the time intervening before the next
legislature.
Mr.. Roberts of Norway hoped the
House would insist The three most
important live measures reported by the
tax committee had been killed. This
listing bill should be decided upon by
this Legislature. He wanted a commit
tee of conference appointed and he
thought some kind of measure might re-
suit from such committee.
Mr.. Sprague of Monson favored the
committee of conference.
Mr.. Brown Of Waterville believed the
taxpayers of the state expected some
such bill. This is the popular and the
largest branch and should stand by its
record. The bill was right.
Nj. Powers then withdrew his motion
to recede and concur and said if the
friends of the measure, and he was one
of them, believed that something might
be done, if after the work of the powerful
lobby against it any measure could
be passed he thought conference
should be had.
The House then voted to insist and ask
for conference.
Another Tax Bill.
The taxation committee has reported
finally. Its last work as a committee
was the following bill, reported yester-
day:
An act relating to the taxation of real
estate corporations.
Be it enavted By the Senate and House OF
Representatives IN Legislature assem-
bled as folloaus:
Section 1. The buildings, lands, and
all other property, real and personal, in
| Guiding all reserve funds, accommodations
and undivided profits, of corporations
| organized for the, purpose of buying,
selling and leasing real estate, shall be
taxed to the corporation or the persons
| having possession of such property, IN
| the place where such land and other
property are situated, and there shall be
lien for two years on such property for
same may be sold for payment thereof as
| in other cases; and shares Of the capital
stock of such corporations shall not be
| taxed to the owners thereof.
| Sec. 2. This act shall take effect when
| approved.
| Co-Insurance in the House.
The co-insurance question came before
the House today, and the bill as amended
by the Senate yesterday was passed to be
| engrossed after an animated discussion.
Mr.. Marston, of the committee, op-
uosed the change made by the Senate.
| The original bill represented the COM
| promise Of the question made by the
| committee and the amendment was I'M
| fair.
! This amendment provides that CO.
| insurance contracts shall state the value
| of the property insured.
Mr.. Spillane of the committee moved
| that the House recede and concur with
| the Senate. The reinsurance plan had
not been prohibited and there was
nothing unreasonable that the property
| should be valued when the contract is
made.
| Mr.. Fairbanks of Bangor, favored the
| bill as it left the committee.
Messrs. Spillane and Fairbanks each
gave an explanation of co-insurance.
Mr.. Sylvester thought person should
| insure for what he chose and in case of
loss receive the value for which he was
| insured.
Mr.. Marston knew of corporations that
would save a considerable sum by COIN
surance. The placing Of the value in the
| contract would give rise to more litiga-
| ton than anything else than had passed
| the House.
The amendment would put the bill
| back to it's condition when it was opposed
| by representatives of the leading indus
| tries of the state.
Mr.. Drew was opposed to reinsurance.
The amendment was adopted A to IA
and the bill passed in concurrence with
the Senate.
The House also passed in concurrence
| the bill to prevent the removal Of insur-
ance cases from the state to the federal
| courts.
! The Ballot Law.
The House took up the amendments te
the ballot law today and passed the bill
Several attempts were made to amend it
but without success.
Mr.. Emerson spoke briefly for the bill
| He stated that the committee had very
carefully considered it and had heard
suggestions from all parts Of the state.
The bill had been amended as best to
comply with such suggestions and be
hoped it would pass as it had passed the
| Senate.
Mr.. Scott of Patten introduced ar
amendment providing that the voters In
the booths shall face the outside rail Sd