The Portland daily press., 1895-02-28
Chapter 1873.

Chapter 1873.
AN ACT to fix the salary of the Judge of Pro-
bate for Y ork County.
SECT. l. From and after the hrst Gay or
january in the year of our Lord one thousand
eight hundred and ninety five, the salary of the
Judge of probate for the county of York shall be
one thousand dollars per year instead of the
SECT. 2. This act shall take effect when ap-
proved. Approved March 81.
Chapter 1879.
AN ACT relating to actions for torts or injuries
suffered on the Lords day.
SECT. l. The provisions of chapter one hum
dred twenty -four of the revised statutes relat-
ing to the observance of the Lords day, shall
not affect in any way the rights or remedy OF
either party IN any actlon lor tofI OF INJURY SUI
fered on that day.
SECT. 2. This act shall not apply to, OF af-
feet any action now pending nor any action
hereafter brought for any cause which Snail
have arisen at the date OF the approval OF
this act. Approved March 2l.l
Chapter 1870.
AN ACT to amend chapter two hundred and
fifty-eight of the Public Laws of eighteen
hundred and ninety-three, relating to the
Taxation of Savings Banks.
SECT. l. Section one of chapter two hundred
and ffty-eight of the public laws of eighteen
hundred and ninety-three, is hereby amended
by striking out in the eighteenth line the
words second Mondays and inserting the
words first Saturdays 80 that said section as
amended, shall read as follows
SECT. 1. Every savings bank, INSTITUTION Tor
savings and trust and loan association incor-
porated under the laws of the state, shall,
Semiannually, on the last Saturdays of April
and October, make a return, signed and sworn
to by its treasurer, of The average amount OF
its deposits, reserve fund and undivided
profits for the six months proceeding each of
said DAYS, together with a staten emit IN detail OF
its assets, loans and investments and its de-
posits within and without the state, in separate
columns, with aggregates so arranged as to
clearly show whether the purchase or acqulsl-
tion of each item in such detailed statement
was prior or subsequent to January hrst,
eighteen hundred ard ninety-three. All assets,
loans or investments made, purchased or ac-
quired from the proceeds of assets, loans or
Investments held On said January first and
thereafter renewed, sold or paid shall be
entered in said statement as acquired subse-
quent to said January first. Said return shall
be made to the bank examiner on or before the
first Saturdays of May and November and
within thirty days thereafter, he shall fix and
determine the market values of the invest
ments aforesaid aid transmit the same with
such values so determined, to the state asses
sorS Tor the assessment required py Secbon
two
SECT. 2. Section two of said chapter two
hundred and fifty-eght is hereby amended by
striking out in the tWenty-siXth line the words
Fourth Monday il May" and inserting the
the words 'tifteenthday of june also by strik-
ing out in the tweny-seventh line the words
the words 'ffteenthday of December so that
said section, as amended, shall read as fol
lows
SECT. 2. The state assessors shall thereupon
determine the values of the several franchises
of the said banks, Institutions and associations
according to the following rule; from the
average amount of deposits, reserve fund and
undivided profits So returned by each bank
institution or association there shall in each
case be deducted IN amount equal to the
amount of United Safes bonds, the shares OF
corporation stocks such as are by law of this
state free from taxation to the stockholders
and the assessed value of real estate owned by
the bank, institution or association, and also al
amount equal to me-seventh of such Other
assets, loans and Investments as by said detailed
statement appear to have been acquired prlol
to January first, eighteen hundred and ninety
three, and also an AMOUNT equal to two-seVenths
of such other assets, loans and investments as
by such statement appear to be loans to per
sons resident or corporations located and doing
business i'll this safe, investments IN mort
cages on real estate in Maine and New Hamp
shire, securities of this state, public or private
bonds issued guaranteed by corporations
located and doing business in this state, sever
ally made, purchased or acquired since sale
January first, andalso an amount equal to two
seyenths of the cash on hand and cash de
posted within the state. Upon the value OF
each of said franchises so ascertained the state
assessors shall assess an annual tax of seven
Fights of one percent, one-half of said tax to
be assessed on q before the fifteenth day OF
June, and one-haf on or before the fifteenth day
of December. The state assessors shall thereup
on certify said assessments to the treasurer OF
state, who shall forthwith notify the several
banks, institutions and associations interested.
SECT. 3. Section three of said chapter two
hundred and fif;y-eight is hereby amended by
striking out in he second line the words, First
Mondays in June and December" and insert
ing the words fifteenth days of June and De
cember, so thtt said section, as amended, shall
read as follows
SECT. 3. Al taxes so assessed shall be paid
semi-annually within ten days after the fiji
teenth days Of June and December. One-hal.
of the sum SO paid shall be appropriated fo
schools, i'll tie manner provided for tax OF
banks of circulation in section one hundred
and seventeen of chapter eleven of the revised
statutes, andone-half to the state
Approved March 21.l