The daily morning journal and courier., 1895-03-08
THE GENERAL ASSEMBLY.
GOVERNOR COFFIN'S NOMINATIONS
 FOR COMMISSIONERS.


 road Committee-Petition of New Haven
 Druggists.
 Hartford, March 7.-The most import ant matter coming up in the Connectl- cut legislature to-day was the sending into the senate by Governor Coffin of four nominations. It was just before adjournment, and Senator Chapman was in the middle of a speech explain ing bill reported by the committee on fisheries. He paused as the executive secretary was announced, and when the papers were delivered he resumed his speech.
 The nominations were:
 George l.. Mclean of Ellington, to be inspector of factories.
 Colonel Samuel B. Horne of Winsted, to be commissioner of labor
 Sidney w. Crofut of Killingly, to be commissioner of banks.
 William O. Seymour of Ridgefeld, to be commissioner of railroads Qenomina- tion).
 The nominations were referred to the committee on executive nominations. The candidate for labor commissioner, Colonel Horne is widely known through out the state, having represented his town in the legislature. He served on Governor Lounsbury's staff and in the Harrison administration was consul to San Domingo. His principal opponent in the race for the labor commissioner ship was w. F. Countryman of Hart ford, the well known newspaper man.
 MT. Mclean is interested in the Amer ican mills at Rockville, and is chair man of the republican town committee of Ellington.
 MT. Crofut was formerly a resident of Danielsonville. where he was an in- surance agent. He is now vice president of the Windham county savings bank. He was representative in the general assembly in 1893, and is very popular in the eastern part of the state. Mir. 'Crofut is an expert in the examination of corporations.
 SUBURBAN LAND COMPANY.
 The senate this morning passed the bill incorporating the Suburban Land Improvement company of New Haven. Following is the bill
 Section 1-That George M. Gum of Milford, James J. Lawton and Warran A. Spaulding of New Haven, and such others as may be associated with them for the purposes hereof, and their suc- cessors and assigns, be and they are hereby constituted a body polite and corporate under the name of the Sub- urban Land and Improvement company, to be located in the city of New Haven, for the purpose of improving and deal- ing in real estate and erecting buildings thereon and for the purpose of carry ing on any kind of business incidental thereto.
 Section 2-Scid corporation shall have the power to buy, sell, let, hold, and exchange any real or personal property; and to make any contracts in relation thereto, and to take or issue any notes, bonds, or mortgages upon the whole or any part of its property, to an amount not exceeding the cash value of the assets of said company and when such notes, bonds, or mortgages represent money or capital invested in property subject to taxation in this state, such notes, bonds, or mortgages shall be exempt from taxation.
 Section 3-Tne capital stock of the company shall be $1O,O0O, with the right to increase the same to an amount not exceeding $250,000 upon vote of the stockholders of the company. Such stock shall be personal property and divided into shares of the par value | of $1O0 each, and transferable on the | books of the corporation in such man. ner as the corporation shall, by it's by | laws, provide.
 Section 1.-The persons named in the | first section, or majority of them, | shall open books to receive subscrip- l tions for the capital stock of said com pany at such time and in such places | as they, or a majority of them, shall | direct, and shall give such notice of | the time and place of opening such | books as they may deem reasonable, | and shall call a first meeting of the | stockholders when not less than one | hundred shares shall have been sub scribed for in such way and at such | timeas they may appoint; and the an- nual meeting of the stockholders of | said company shall be holden at such time and place and upon such notice as the bylaws of said compny may | prescribe.
 Section 5-The government and direc- tion of the affairs of said corporation shall be vested in not less than three directors to be chosen by ballot at the first meeting of the stockholders, and the said directors so chosen, shall hold their offices until the next annual meet ing of the corporation, and until their are duly elected and quail fled.
 HOME TRUST COMPANY.
 The bill amending the charter of the Home Trust company of Derby passed in the senate to-day is as follows:
 Section That the Home Trust com pany of Derby, in New Haven county, in addition to the powers already con ferred upon it by it's charter is author ized and empowered to act as transfer agent and registrar of stocks. bonds and other evidences of indebtedness of any corporation, association, municipal ] ity, or public authority, and to receive and make payments on account of the i same or dividends declared on the same: l to receive and manage any sinking fund ' and to act as sinking fund I of any municipality, all I upon such terms as may be agreed U