The Portland daily press., 1893-02-10

ing of $4, $40. This will make the cost
to the state for printing, binding and
stitching in the past two years:
Printing appropriation. n................-$ $50 900
Binding appropriation. .................. "a. w
Printing deficiency appropriation. 5000
Binding deficiency appropriation. ..... 1870
sse. $50
The binding and stitching is done un-
der a contract by itself. but is, of course,
a part of the general subject. Members
of the committee believe that by the plan
they propose the work will be open to
greater number of bidders, and that this
will give the state an opportunity to get
some parts of it at Least done cheaper.
The Brown Thurston Company OF Port
land will be among the bidders.
The American League
Petitions by the score are coming IN
for the constitutional amendment advo-
Gated by the League for the Protection
of American Institutions. One from
Portland had over 1000 signatures.
Among the Bangor petitions was noticed
one signed by Chief Justice Peters.
Relating to Corporations.
Senator Seiders today presented two
bills to amend the statutes in relation to
corporations. One provides that the
vice president of corporation shall
have power to sign its stock certificates.
The second adds to chapter 4S, K. s., {.
provision that corporations organized
under sections 16 and II, may buy, hold
and sell bonds, stocks, notes, and oblga-
tions of other corporations, and may
borrow money and issue their notes or
bonds therefor. and may secure the same
by mortgage or pledge of the property.
Such corporations may issue preferred
stock to an amount not exceeding their
authorized capital, and with such terms
of preference over the common stock as
may be determined by two-thirds vote
of the stockholders.
Taxation of Vessel Property.
The petition of Portland vessel owners
and merchants that taxes should be
levied on the net income Of merchant
vessels, has been followed by a bill to
amend chapter six, r. S., by adding:
| "Section 2O6-Registered and enrolled
| sailing vessels shall be assessed at valu-
alton equal to their net earnings during
| the year ending on the first day OF the
preceding April and any interest IN sucn
| vessels shall be assessed at such proper
| ton of said valuation as said interest
| bears to the whole vessel but the owner
shall,> if required, by the assessors, ex-
| hibit to them statement OF the earnings
and expenses of said vessel during said
year and answer any proper questions
1 Touching the, same which they may put
! to him.
"Section 207-All vessels propelled by
steam, unrigged vessels and pleasure
Yachts shall be assessed as heretofore
and the provisions Of the foreging section
shall not apply to them"
| Savings Banks Again.
Senator Hersey evidently intends to
keep the banking committee busy. He
introduced today bill relating to the
crediting of dividends in savings banks
to the deposit account. 1t requires the
treasurer of every..savings bank. within
30 DAYS after declaring dlvld end te
credit the same to the deposit account
Any treasurer neglecting or refusing sc
to do shall be liable to fine OF not less
than 800 nor more than $500.
Passed To Be Enacted.
| The following bills have passed to bt
enacted:
Relating to insurance companies Of
foreign countries.
Authorizing the town of Brunswick te
fund it's school house debt.
Prohibiting fishing through the ice II
Sandy river ponds and Long ponds
Franklin county.
Authorizing the Rumford Falls Sui
phite Company to holds STOCKS and Dono
of other corporations.
To amend the charter of the Carbon
Water Company.
To extend the charter of the Ole
Town Street Railway Company.
Authorizing the Umbagog Pulp Com
nanv to hold stock and bonds of othe
Relating to the United Electric Securi
ties Company.
In reference to the value of shares O.
the Eastman Car Heater Company.
, Authorizing the Rumford Falls Papel
, Company to hold stock and bonds O.
other corporations.
Amending the charter OF Amt.
Lodge.
Authorizing the Rumford Falls Powe
Company to hold stocks, etc.
incorporating the scarborough Dal
: Company.
To amend the charter of the Augusta
Hollowell 65 Gardiner Railroad Com "a
E ny. xu ,,d Mot,
) ING Machine Company to hold stocks
4 etc. :, o.
pany to hold stocks, etc.
70 incorporate the Auburn and Nc
chanic Falls R. r. Co.; relating to Bacl
Cove bridge; relating to wharf lines i
the City Of Bangor; to incorporate tn
Deer Isle Telephone Co: relating to tn
width Of the location of the Bangor an
Aroostook r. r.
e BY the Governor.
: Upon the recommendation Of Judg
Foster of the Supreme Judicial Cour
the united delegation of York Count
d and other leading citizens, Governe
e Cleaves has today appointed Charles