New-York tribune., 1895-07-14
LOANS on PERSONAL PROPERTY.

increase Of debt
LOANS ON PERSONAL PROPERTY.
A law was passed. limited first to Buffalo but af-
terward amended to apply also to New-fork
and Brooklyn. providing that any three or more
persons may organize and become corporation ior
the purpose Of aiding such persons as shai' De
deemed In need Of pecuniary assistance by loans OF
money at interest. not exceeding 500 to any one
person, upon pledge mortgage OF personal prop
Corporation iaw and BY Hing bond an amount
taa tSan the i" sum Of 5000 with the superintendent Of
the Banking Department, with sufficient suretes 70 10
PT9sI0ns of m TsgpNanS of and
fSe "t51h of this ns act % and
sons who shall have signed the said certificate and
their associates and SC sss cersate The
laws requiring contracts for the cona'moaai a sais h
S5 town cers and other offices were amended
to exempt wood-cuttng machinery .,.. ne-.on
who directly Indirectly receives s any 1sres forSesr
the oan use or sale Of his personal credit in any
there is taken for nn susn nS Household
furniture sewing-machnes. plate or syerware. n., ,n
Apparel "ss e%ery or security loan use
sale of personal credit as fron anv ner
bera the ' sdgep to retain the
Sion thereof greater than per cent per annuin
ne ReUssd Statutes relative brokerage
amended so that person shall directly OF ~, Imu u
rectlv take or receive than 30 cents for a
brokeerase soliciting. driving or procuring the loan
or forSearance Of $780, and in that PROPORTION for
a greater or less sum, except loans In real estate
security nor more than 3S cents for making or re-
newing any bond, bill note or other security gver
for such loan or forbearancc. or for any countei
bond bill note or other security ySoSt snenes
EGyis csse 500 to $50
YOoO and reducing the maximum rate OF & chafSes SsS
oknr per pr Gsns cent the legal rate Of failed
law passed for the protection OF bonaihd oe p"1 p.
chasers and holders of coupon bonds ana Oh ma
nicpal corporations against msfeasance ma pn-
feasanse or negsenee % OF PeS Pn6SS Soarnershps
strengthened. Principals were relieved from IA
by for agents acts in certain SsseS one Of etsrs
kilograms and private papers were MADE nd mIsde DE
eemloe he proeodure in actions and proceedings
relating the title to or possession OF Goods wares
BAGGAGE IN LODGING-HOUsEs.
It is provided that lodging -house-keeper may
have the same lien upon the baggage OF guest
which is possessed by the proprietor OF hotel or
inn: and that person who obtains any lodging
food or accommodation at an inn clearinghouse
or lodging house except emgrant lodging house.
without pay therefor, with intent to defrand me
proprietor or manager thereof or VINO ,Sanr oSsars
credit at such inn. boarding house or lodglnG-
house by the use Of any false preence or ch wm9
after obtaining credit or a.
and surreptitiousy removes his bassase
i0Rsns R. IT, Austin. 4. C. Barstow and William II. Por-
ter We're as ss Wsm n WAKES
John H. Meyer. James NJ. Ludden. Patrick J Room
onpany Sa MS% Of NeWYok The Of the
York Building and Improvement Compa,,ny p,, wa was
waeT and 80 c and lay ard % PIPES
ters failed to pass for the Empire state Mor,ssge
Sance sna company S3k and and
Supply and Information Company OF Brooklyn.