Southwest-sentinel., 1893-01-31

The Last RaIf Of the Session ls Going
Rapidly.

The bill providing for the taxation Of
insurance companies came up in the
council on Monday and the efforts Of the
insurance men In opposition 10 the bill
did not prevent It's passage in the coun-
cil. The bill provides that al insurance
companies doing business in the Terrific
ry shall pay tax on the gross income
derived from said business in the Terri
tory at the same rate as other personal
property Any failure to comply with
the provisions Of the law will subject the
company to a revocation Of its license
and the company will be liable TO fine
Of $500. The bill further provides that
mo insurance company shall, after the
passage of this act, increase the rate Of
insurance in the various locations Of
the Territory when such insurance COM
pany is doing business at the present
time"
The house bill, fixing the legal rate OF
interest at 8 per cent. and providing for
the forfeiture Of both principal and ac-
crued interest in all cases Of usury, af-
ter having passed the house unanimous
ly, came up in the council and the en-
acting clause was stricken out. The le-
gal rate o. interest in the Territory now
is 6 per cent. but as high rate as IL
per cent. may be charged by agreement
between the parties.
A bill has been introduced In the
house which gives women the right to
vote and hold Offices relating to public
schools and education.
A joint resolution which was required
by congress before the money appropri-
ated to refund the direct taxes shall be
available has psssed both houses and
the $4,000 appropriated by the govern
ment for this purpose is now available.
The house has passed bill which
provides that any bank cashier who re-
ceives money for deposit after he knows
Of the Insolvency Of the institution shall
be considered to be guilty Of larceny of
the amount so received. The bill has
been referred to the judiciary committee
in the council.
A bill providing for tho removal from
office, by the Governor, Of district at
tofReys under certian restrictions has
passed the council. Complaint may be
made against the district attorney Of
any district to the Governor, who shall
certify the charges to the judge Of the
dirtrict court in whose district the at
torney acts and it then becomes the du-
ty Of the judge to hear testimony after
five days notice to the parties and to de-
termine as to the truth or falsity Of the
charge and he shall certify his finding
to the Governor who shall then act. II
he removes the attorney he shall file his
reasons for SO doing with the secretary
of the Territory.
A joint resolution urging statehood
was passed on Tuesday and telegraphed
to Washington to Delegate Joseph and
Gov. Murphy, of Arizona, who is at the
National capitol in the interest Of state
hood for the territories.
The bill for the creation OF Union
county came up on special order Friday
morning and the further consideration
of the bill was postponed until Tuesday.
Petitions were presented both in favor
Of and against the creation Of the coun-
ty.
The committee which was appointed
to investigate the worlds fair commits
sion accounts reported that the accounts
we're found to be correct and according
to law. The committee reported that
there was no foundation for the charge
which had been made accusing mem
bers Of the commission Of riding on
passes and charging railroad fare. A
large amount OF work had been done
but money was needed immediately to
carry on the work as it was necessary to
have New Nexico's exhibit on the ground
by April 10th, in order to retain the
space which has been allotted. A bill
appropriating $4,000 of the amount re-
ceived from the United States on ao-
count of the direct tax, to the worlds
Columbian exposition was passed by the
council. The same Dill approprates the
remainder of the amount as follows: To
the school of mines at Socorro, s27, 600;
10 the insane asylum at Las Vegas, sls,-
OOO
The house passed bill on Thursday
afternoon which was introduced by Mr..
Lady, providing for quarterly settle
ments by the sheriffs with the Terrific
rial auditor. The bill is of considerable
length an6 specifies the manner in which
the accounts of the collector shall be
kept and requires a monthly transcript
to be furnished TO the clerk Of the coun-
ty
When the bill for the distribution of
the $4,000 received from the United
States, on account of the direct tax, was
taken up in the house there was lively
debate on it. The bill came up Friday
afternoon and tho committee recon-
mended that the amount should be dis
tnbuted as follows: Insane asylum,
$4,000; school Of mines, $4,000; worlds
fair commission, $4,000; Jan Juan
county experiment station, 5000. The
debate on the bill lasted until the adj
journment Of the house and there was a
deal OF caucusing Friday night in refer
ence to the disposition of the money.
In order 10 get the votes of some Of the
members of the house an amendment
was aQreed upon In one Of the eaucuaes