Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1896-05-11
STATE HOUSE.
Interesting Start Of One Free Library
Movement in Maine.
As to Savings Banks Investing in Outside
Electric Railroad Securities.

growth Of free public libraries, at least
their erection In certain instances, has
often depended solely on a starting
An example of this, he says, was pre-
scented by man whose attention has
been called into considering the advisa-
bility of library in his town, simply
by reading the figures recently pub
lished. as to the amount of State aid
received by different libraries. The
man is in earnest, and there seems to
be no evident reason why a library
should not be started as he suggests.
He has been in consultation with Mr..
Carver upon the matter who says that
the prospects of the library being es-
tablished, are very good.
The State librarian has recently re-
ceived 20 copies of a monthly maya
zine known as Public Libraries" the
first copy being the present May num-
Der Much space is devoted in it to the
American Library Association, with
oCNttCI VI IItcItSl u
librarians and educators generally
The following interesting figures
show the proportion of "a library's
contents, as recommended by the
paper:
General works, .03; philosophy, OF;
religion. .05; sociology. .06; philology.
oil: science, .0S; useful arts, .06; fine
arts, .04; literature. 12 biography, 10:
history. IS: travels, 10; fiction. 20
Total. 100.
The magazine gives considerable at
tention to State libraries meetings
held all over the country Mr. Carver
will send the copies he has to librarians
who will doubtless receive profit from
them
The last Legislature enacted a Law
requiring the examination ny the rail-
road commissioners of the finances of
electric railroads before savings banks
could legally invest in the securities
of such roads. 1t did not appear clearly
in the act whether the examination
should be made by the commissioners
of Maine, or those of the state in which
the roads were located.
The law also says that the secretary
of State shall also certify as to the
validity of the securities. 1t Is thought
that the secretary of state referred to.
is doubtless the one of Maine: while |
the railroad commissioners referred to. |
are those Of the states in which the |
roads are located.
Savings banks of Maine desired to
purchase bonds of roads located in |
other states and the question was
placed before Attorney General Pow
ers. who has just rendered a decision
that the examination and favorable |
report was necessary by the railroad
commissioners in the state where the |
line was located before the banks could
be purchasers.
Now it seems that there are several |
states Without any railroad commits
sioners and the query is how is the |
legal examination and endorsement to
be made.
The following new corporations filed
their papers at the secretary Of states |
office, Saturday:
The Topeka Water Co, organized at |
Portland, for the purpose OF manufac-
turing gas and electricity in Topeka |
Kansas, and anywhere else. excepting
the State of Maine, with 81. SOC. 600 capi- |
tai stock of which $500 is paid in. The
officers are: President William c. Ea-
ton of Portland; treasurer Harry w. |
VerrilI of Portland
The American Electric Cold Supply |
Co.. organized at Kittery for the pur-
pose of the production and distribution
of ice. and refrigeration by artificial
means, with 81. 100000 capital stock of
which 500 is paid in. The officers are:
President, Mark w. Paul of Kittcry.
treasurer. Alfred b. Nettleton of
WASHINGTON