The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-01-26
BILLS AND REPORTS
BUILDING AND LOAN ASSOCIATION
BATTLE ABOUT TO BEGIN.
First Tilt in Housc-kern's Constitu-
tional Amendment I'm the
q. Scnate-Ncw Bills.

and loan association resolution stirred up
on the floor of the House yesterday that
a strong sentiment exists over the State in
behalf of amending the laws under which
these associations operate. The impression
is strong that men of wealth have taken
advantage of the law to invest in paid-up
stock and thus exempt their investments
from taxation. Mr.. Howe, of Morgan, in
troduced the resolution calling for a general
bill to be drafted by a committee and COW
ering all the points of building and loan as
ISOLATION law. He said these associations
were primarily designed for the benefit of
workingmen who were ambitious to build
homes. Designing men, he added. have per-
verted this intention by converting the as
sociations into instruments for their own
profit. He thought there should be a uni
form system governing the associations.
Mr. Stotsenberg, of Floyd, who is an ardent
supporter of the associations, was on his
feet with protest. He declared that In
diana had the best laws on the subject of
any State in the Union. Paid-up stock
ought to be taxed, and amendments also
made to prevent the use of dues for general
expenses. Mr.. Holloway inquired if it was
not unfair to compel foreign companies to
deposit 100000 in cash in lieu of securities
Mr.. CardwiH informed the gentleman that
subcommittee of the judiciary committee
was investigating the subject. Mr.. Harri-
son, of Shelby county, who admitted that
he was attorney for several associations
had found that rich men put money in the
associations to escape taxation. Mr.. Howe
announced, with some show of Indignation
that he knew of men in Morgan county
who had been feeced by Indianapolis asso-
Citations. Mr.. Harrison, of Kosciusko.
feared the appointment of special COM
mittee to consider building and loan asso-
Citations, lest some men who are interested
in the evils Of the system be named for
positions on the committee. The records
OF some of the associations, he found, had
created a great scandal. The associations
should not be. accorded greater privilege
than bank IN hiding taxable money, The
resolution of Mr. Howe was finally laid on
the table as 1t was understood that the
judiciary committee would look after pro-
posed legislation on the subject.
Mr.. Speaker introduced a bill himself yes
terday, and 1t is of much Importance to In
dianapolis. 1t compels all street-car COM
tracks and pay proportionate cost of
street improvements. The Board of Works
| is given the power to compel these improve
ments. The bill declares that 1t does not
recognize any franchise that may now be
in dispute. Mr. Van Arsdel also had street.
car bills of local interest. One prohibits the
blocks of a parallel line, without the con-
sent of two-thirds of the property owners
run. Another of his bills compels county
commissioners to grant franchises over
property owners petition.
POPPYCOCK SQUELCHED.
bit poppycock, proposed by the dis
tinguisned Representative from Posey was
promptly squelched. Mr.. Wilson presented
a resolution anent the Brooklyn strike,
citing the fact that the motormen only re-
ceived IA cents day, and declaring that
| the sympathy of the General Assembly Of
Indiana was with the abused mell, and re-
| pudiating and condemning the actions of
the officials chosen to preside over the city
| Of New York. He called on Grover Cleve-
land to appoint a commission to immed-
ately arbftrate the strike. Mr. Hamrick
moved that the resolution be referred to
and Mr.. Holloway proposed as an amend
ment that a committee from Tammany
Hall be substituted, The resolution of the
Posey county statesman was promptly
tabled, only one vote being recorded against
the tabling.
laid over until Tuesday morning.
During the morning Mr.. Bobilya, of Fort
common Council of Fort Wayne had adopt
ed, protesting against the charter amend
m Mr H submitted ed by the Mayor.
amendment. 1t called for four years
tenure of office of the State officers and the
| judiciary will look after the resolution be-
bore the House acts upon it.
airy bill which was prepare6 bV so adna ci ai
zens of Kokomo. The Introduction was by
request In some cases the bill provides
that county officers shall receive 10 per cent
Judges are given 5000 salary. circuit judges as.
| S9'oV' ana criminal judges, $500
BILLS INTRODUCED.
| Although the House first adjourned TO
| meet this morning the action was recon-
sidered later in the morning and it was de-
cided to hold an afternoon session. The fol-
| lowing is summary of the bills intro
| duced.
Kelly, of Adams. Jay and Blackboard
| act relating to the organization of towns
Griffin, of Boone-Concerning public Of
| Allison, of Demonstrating the offica ~
| police matron in towns and cities of over
6,o0 The matron is to be over forty years
OF age and is to be recommended by at
| least ten women. Female physicians are to
attend female prisoners.
| 'Poindexter, of Clark-Creating the Office
| of inspector of county offices and records
Ihe Inspector Is to be appointed by the
eeve @ n rs no ssrye for two years and re-
FLOYD Floyd. OF ,n CelntonE,Providing for the
tiransrer or insane prisoners from peniten-
Feist, of OBSERVATION-DISCLOSURES school,
children from corporal punishment. Max
ing 1T unlawful to punish children under
sixteen without the consent Of the parents
| or guardian.
| election and qualifications of township
trustees Compelling railroad companies TO
| eSlaDllsn suitable waiting rooms.
Harrison, of Elkhart-Fixing the rate of
| interest to be charged by building and loan
| associations.
! I.oring, of Understanding the common
| school law. Authorizing common councils
| to levy school taxes.
Hamrick, Of Hendricks-Providing for
| mutual livestock insurance companies
| Elliott, of Henry-Legalizing the incorpo.
| ration of Middletown. Ind. -
| Smith. OF Huntington-Regulating attory
| ney fees in certain cases.
90, Crozier Of Jefferson-Appropratin So
| 320.50 to pay the members of Capt. John w
| Mullins's company of the Ninth Indiana
| Regiment during the civil war. This is an
| old claim that failed to get through the
| Senate two years ago. The company served
| in the neighborhood of Madison for a short
| time during 1852.
Gather, of Knox-Prohibting the sale of
| fish between March 10 and Aug Is
Hundley, of C1inton-Legalizng the incor-
poration of Summttville Madison county.
Leedy, of Observation-Disclosures to the In
dianapolis charter, permitting the creation
| of park commission.
Van Arsdel, of MISUNDERSTANDING the
handling of baggage by railroad companies
and requiring them 10 platform trucks
| in loading trunks and baggage on cars. To
promote uniformity in State legislation by
creating commission of three, to be APP
pointed by the Governor. This commission
shall examine the subjects of divorce and