Birmingham age-herald., 1894-12-08
the code so far as - county is con

other public property on Patsaliga creek and the Conecuh river in Covington, Cren- shaw and Pike counties from damages by the rafIs, drivesand floating logs put in by timbermen in said counties.
 House bill 322-To provide for the elec- ton Of county superintendent of education Of Sumter county.
 House bill 417-To establish a separate school district, to be known as boaz dis trict, in Marshall county. With substi- tute.)
 Senate bill 14-'ro more clearly define aud locate the boundary line between the coun- ties of Clay aud ralladeg' in this state.
 House 6lll 74-Io repe44 an "act to pro- vide for the drawing and organization of the grand and petit jurors in the county of Wilcox.''
 Huuse bill 10-To incorporate the Ala baina Slate Mutual Fire Insurance com pauy, and to detne it's powers.
 ASSEMBLY NOTES.
 The committee on public health today reported adversely on Mr. Browns bill to prohibit the playing of match games of witnessed the red hot contest on Saturday between the elevens of the University of Alabama and the Auburn college team ,and had so much fun out of 1t they would not consent to turn the great game down.
 The senate sent message 10 the house today amending tho resolution of the joint committee to adjourn on December ID and ubsiituting the 11th instead. The house promptly nom -concurred in the senate amendment and appointed a committee of conference to figure further with the senate.
 A resolution passed the house today that hereafter the house adjourn at l o'clock and reconvene at 3 for the consideration of local bills, and that eHch member be al lowed the privilege of calling up for con- sideration one bill each evening.
 Mr. Sanford of Montgomery introduced into the house today bill providing for new system of banking for this state. The bill Is voluminous, carefully drawn and goes into the minutest details of the sys- tenn. IL Is COCO or 700) words in length. It was not reud, but was ordered printed and copies placed upon the desks of the mem- bers.
 The substance of Mr. Sanford's bill is as follows:
 That any person or association of per sons desirous of engaging in the business of banking under the provisions of this act must deposit with the state treasurer, to the credit of the auditor of the state, money sufficient to pay for the engraving and printing, as hereinafter prescribed, of such quantity of circula. ing notes as such per son or association may determine; and thereupon the auditor must have such notes engraved and printed so as to guard against counlerfeits of various denomina- tions not less than s1, and of such other denominations as are issued by the United States, which notes must be countersigned numbered aud registered in proper books by the auditor of the state, which books must be kept in his office.
 The expenses of engraving and printing such notes are to be paid out of the money deposited with the state treasurer to his credit. Also that on legally transferring to the auditor such portion Of the bonds of the Uniied States and th s state, or bonds of any county or any municipal corpora ton in this state, as is prescribed by the following section, such person or associa- tion of persons IS entitled to receive from the auditor an amount Of such counter signed notes equal to the value of such bonds upon their face, if the same be at par value, and if n ot at par an amount of such notes equal to the market value of such bonds. The bonds SD transferred must equal an amount sufficient to entitle the person or association to not less than So0,- eco of such notes, and the auditor must in no case deliver to such person or associa- tion oi persons more than the amount of the stock, as hereinafter provided for. The stock transferred to tue auditor IS held by him exclus .vsly for the redemption of the notes, which may be put in circulation &C., cordiug to the usual course oi banks. The amount Of capital stock of such an associa- ton must not be less than $50 00J nor more than S500 900, such association to do a reg ular Uanking business, discount bills and notes, buy and sell gold and silver bullion, foreign coius and bills of exchange and lend money on real and personal security. This is one of the most important bills that has been introduced during the pres- ent legislature.
 A bill creating the Alabama State Mutual Fire Insurance company, an association similar to the Southern Mutual of Athens, Ga., which has made wonderful record in the mutual line, passed the house to. day. The company differs from the Athens company n that, instead of collecting the same premium that the old line companies do and returning the unused part of it at the end of the year, 1t will collect only half of such pre- nium and res=rve the p ivileg of demanding by assessment the balance, il it is needed. l. is stated the old line agents will fight the bill in the senate There are no mutual companies in the state a present.
 BILLS APPROVED BY THE GOVERNOR.
 Governor Oates sent message to the house that be had approved the follown z bills: House bills 125, 61, S9, l51, 91, 1i3, 63. 49, 23 169.
 IN THE SENATE. Bills were introduced as follows:
 Mir. Milner-For the relief of W. l.. Stallworth.
 Mir. Walker-ro amend the present cleo tion laws; providing that registration lists be open for inspection, for better methods of courting votes, for clerks from opposite political parties, ,or inspectors 10 be nom . mated by executive committees of opposn D Z parties.
 Mr. Austiii-To regulate Mobile har bor and to amend the charter of the port of Mo- bile.
 The house appropriation bill, together with the senate amendments thereto were p+nding at adjournment.
 Mir. Rogers Introduced resolution that, pending oh n ge5 in the council, can the noveruor be vested with p.euary powers in the matter
 The senate pass bill today making sta;e warrants receivable for taxes and au- thoriziug ths state 10 pay eff its current ex pensos in tax bearing treasury war rants whenever 1t became necessary to do so. 1here was lively debate over he passage o the bill. Many senators urged that the warrants would necessarily pass at discount and the state's credit would be called into disrepu.e. The measure passed by a vote of l. to 16. All of the popuist senators and the following democrats voted for its p1ssage: Messrs. sanford. Hogue, HundIey. Milner and Walker of Henry.
 Inc Iurp ,ss of the bill is to make state warrants current money, kind of cir culating medium among the people and receiv ible for all taxes and licenses on the stats- This proposed plan is not unlike the clearing house certificate plan insti-