New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-06-07
Mr.. MORTON'S PEN BUSY.
HE IS CLEARING AWAY THE THIRTY
DAY BILLS RAPIDLY.
AMONG THOSE WHICH HE SIGNED YESTERDAY
WERE TIE wEsTCHEsrER ANNENArloN
n1II. TWO IMPORTANT BANKING
vr.s,,nrs AND NEW NATU-
REALIZATION LAW.
MEASURES AND A NEW NATu

REALIZATION LAW
Albany Inne s-Governor Morton to-day signed
senator Robertsons bill. providing that all 'ha' Tel
ritory comprised within the limits OF the """'
80 West Chester East Chester and Pelhaih' "h''n
~, 80, beon annexed TO rhe city and county OF
New-York at the time of tho passage OF 'h's "0''
and which lies souherly OF a strash' Hne ""'
from the point where the northery Inc OF 'ne Guy
Of New-York meets the centre lne OF the BRONX
River to the middle Of the channel between NUM-,
or,s and Glen Islands. in Long Island Sound ana
all that territory lying within the incorporated
limits OF the village OF Wakefield which Hes hor'-
ery of such line. is hereby set on from '"e oo's
NJ Westchester and annexed 10 the Iwenty-iouf'h
Ward Of the city and county OF Newt ofk me
territory annexed consists OF the southern anu East
ern portions Of Westchester County, when were
not included when the present Iwehy-thlr" anu
rventy-fourth wards were annexed III I''1 ""e"
the eastern boundary was fixed at the Bronx
RIVER subsequently the city purchased Bronx
Park half OF which was beyond the city ii'i'S'
and Pelham Park. and 1t became advisable that
ho,b these parks should be brought under the mu-
nicipal Jurisdiction Under the provisions Oh inns IA"
there is added to New-York city an area OF ovp
acres and an additional population OF l"V" per
sons.
The bill was opposed bitterly by a committee OF
citizens of East Chester and the owners OF the MoS-
ris Park racetrack.
Senator Kiburn's banking bill. which was signed
by the Governor to-day. besides divorcing savings
from other banking institutions
provides that officer Of a bank shall not borro"
money from the institution without the approval OF
q majority Of the directors. No bank shan Iehu
money purchase It's own stock, unless 10
prevent a loss. a bank shall carry one-tenth part
Of It's net profits each quarter to ITS surplus fund
unless this shall to - per cent or It's cap
tal. The bin contains another important provision
as follows:
| 1t shall not be lawful for majority Of the Board
OF Trustees Of any savings bank 10 belong 20 thG
! Board OF Directors Of any one bank or NAtIoual
| banking association Where majority Of tne
Board Of Trustees Of any savings bank no" az
members Of the Board Of Directors Of any one baih
National banking association, the oihces OF sucn
trustees OF any such savings bank shall. from ami
| after the expiration OF ninety days from tne 'ihe
vacant. and they shall at the expiration Of such
ninety DAYS cease to be trustee ani me sScn AN
| savings bank shall, before the expiration OF such
visions of the general law relating TO savings ban"s
| in such wise that majority OF trustees OIL surh
savings banks snail not be members Of me Bo&Id
| Of Directors or trustees OF any one BANK OF Na
| tlonal banking ass9c.aiion ana ~hehheyyer nc,e
| after trustee Of a savings Daih S3hai, oy nv
coming director Of bank or Naiioial hanl,;ns a.
| savings bank to be directors Of any one bank or
National banking association rs term OF once as
! ANY savings bank knowingly violating this pTov-
| chises.
| This enactment was due to the mixing up Of the
| affairs of a savings bank and discount bank In
| Binghamton
The Governor signed Assemblyman Gardeners
| Of Banks receipt Of report, or the result OF
an exaTnina ton shall conclude that any such saw
ings bank is nsolvent and in an unsafe condition
10 transact business ne may take possession OF 1t
until tho termination OF an action or proceeding
| instituted by the Attorney General.
| highly important amendment to the naturalza-
| ton laws. contained in bin presented 10 the
| Legislature by Alfred X. Conkling vas approved
| by the Governor. 1t restricts the granting or
| naturalization papers the Supreme Court and
| the county courts. Several other courts In New
| York City, which haze naturalized foreigners by
the hundred. often slight evidence. VIII no
longer do this work.
| The Governor also signed the following DIS
Chapter ga. Assemblyman Weman's revision Of
oncers roo" Of National Guard battalions.
Chapter sS Assenblyman Wrays, amending inc
| law OF last year providing Tor pupAc driveway
cH.pier - f5ansfr5r,ns The atlantic Dock PO-
Chapter s2 Providing for repairs to the Brook-
Chapter ~ Authorizing determination OF the
Nelson Waterbury clam seapsf CIV
power OF the Brooklyn Park Department over the
| ocean and Eastern parkways.
lne he 47th REGIMENT Armory in srooEiyn
Chapter s5l Prohibiting the occupation OF Fort
the consent Of
| Brooklyn and Kings County.
Chapter go Providing for the widening of Kent
| ave, Brooklyn. between South Elghth-st. and
c6ar,er s's. Senator REYNOLDS, providing for the
YORK and Brooklyn Fridge Ncw-York 10 furnish
! $4,000 for the Improvement and brooklyn $4,000
tain Streets in The Twcnty-sixth Ward BrooRiyn
Chapter si f F schulz. providing that County
kipgs shall remain open during the months Of July
| and during tho other months in each year from
M gnt ~ : ssna,or nor.a.ors crawling that
| New-York CITY but must maintain an office there.