The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1895-01-19

/ sion the Insurance Commissioner shall
issue certificate of authority.
Another bill provides that associations
of individuals formed upon the plan
known as Lloyds, whereby each associate
underwater becomes liable for a proper
! tionate part of the whole amount insured
| by policy, may be authorized to transact
| insurance business, other than life, in like
manner and upon the same conditions as
are required of and imposed upon insur-
ance companies of other States of the
United States"
A third bill directs the Insurance Com
missioner to make an investigation into
the cause of any fire occurring in this
State, when in his Judgment the interests
of the people demand it, or when re-
quested to do so by the District Attorney
of the county wherein any fire may have
occurred. A special fund of $4,000 out of
the funds paid into the State treasury by
the Commissioner is set apart for this
purpose.
A fourth bill provides that no corpora
ton, association or individual of any for
eign Government shall transact insurance
business in the State unless it shall have
made deposit of not less than 100000
with the Treasurer of this State. The bill
designates the character of securities to be
deposited, such as United States and State
bonds or bonds of counties, cities and
towns of this State which have never been
in default for interest. The securities
must be deposited by the Insurance Com
missioner with the State Treasurer. The
insurance corporation is to have the in
come of the securities as long as the corpo-
ration is solvent and complies with the
law. Corporations now doing business in
the State shall make the deposit on or
before December 81, 1895.
The bills relating to the State Board of
Harbor Commissioners, which were intro
duced in the Senate January Is by Gleaves,
were introduced in the Assembly to-day
and referred to the Committee on Com
merce and Navigation, Dixon chairman.
The bills relate to condemnation proceed
ings against certain property on the corner
of Market, Sacramento and East streets;
also to authorize the Commissioners to ex-
change or transfer certain property east of
the westerly line of East street, between
Clay and Market, with owners of certain
property on the triangular corner common
to Market, Sacramento and East streets;
also to improve property acquired and ex-
tend the jurisdiction of the Commissioners.
This legislation is to make way for the pro-
posed bridge across Market and East
streets. Before definite action is taken the
bills will be considered by the San Fran
cisco delegation.
Sixty-two bills were introduced. A hill
by McKelvy is designed to prevent horse
racing between December l and March IA
ana to prevent race meetings of more than
sixty days duration on any track in anv
one year. The bill is modelled after the
New Jersey law against winter racing.
Waymlre introduced a bill embodv;no
the recommendation OF the Judiciary Com.
mlttee for the appointment by the Cover
nor OF standing bipartisan commission
OF three lawyers to revise and reform tho
Code. 1t is provided they shall receive tbe
same salaries as the Justices of the S,,-
preme Court and be allowed secretary a.
$500 month. a'
OH py Bulla proposes an agreement to
an act creating Board of Bank Commits
sioners, by giving the Commissioners in
creased power. 1t empowers them to cor,
pei the AttorneyGeneral to close mn ON,
pank found to be insolvent. instead -
recommending to him that such action be
TAKEN and it also gives the commission
solvent bank -
- q c oreeze was provoked by the report Of
~. .ne committee on Attaches recommending
1ne appointment of thirty-seven additional
attaehes at salaries ranging from "a tn s5
per day. w W 20
~
lodge OF Alameda protested against the