Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1897-05-25
NEW LAWS FOR IOWA
CHANCES IN THE CODE NU-
NERVOUS AND IMPORTANT.
y Resume of tho Changes Made by the
Extraordinary Session OF the
Legislature.

WITH the work OF revising the ora laws
IL is nuc ~ complete LIST of laws
adorted, nor does II embrace the old
laws which were re-enaCted. 1t is re-
sumo of the important changes which
were made 10 the present laws. IL Is as
follows:
THE EXECUTIVE COUNCIL.
The power to purchase supplies is
taken away from the custodian and
Vested i'm the executive council.
The executive council selects it's own
secretary instead of the secretary Of
state.
The executive council takes charge of
she supply department.
1t is required to prescribe method OF
bookkeeping for every state institution.
State Institutions must be examined
At LEAST once each year by Stale eX-
aminer.
The eXecu.ive council must annually
publish a report of every cent expended
by che council, by the SKATE officers, and
by all STAGE institutions.
All paper purchased by the stake must
c0rsain the wafer mark Iowa and all
furniture purchased must be marked
Iowa.
The section giving the executive cOun-
eli the right to expcnd money under
emergencies is repealed and the coun-
cl given the right 20 draw warrants
only in isha following emergencies: For
when AID has been ordered by the gov
ernOr and in restoring state property
lost or destroyed by accident.
The number OF STATE house employees
ana their compensation is 10 be fixed
biannialiy by joint resolution.
The executive council lis empowered
90 assign apartments in the state house,
TO purchase supplies only by competi-
tive bids, and no supplies can be drawn
except through ithls department.
'fhe taking Of the state census is re-
duced TO an enumeration of the males
and females, voters and militia.
The chairman of lthe ways and means
and appropriations committees of each
house are made u joint committee on
rEtranchment and reform with instruc-
GionS to enquire into state affairs at
each session and report resolution
liking che number of employees and
their pay.
COUNTY OFFICERS.
Counties are authorized to issue
bonds payable at a time stated not eX-
ceeding itwenty years.
Each county auditor is required to
keep new record to be known as the
bridge book which shall show the cost
Of construction and maintenance OF
each bridge.
The dog tax IS transferred to the gem
eral county fund and the right TO pay
ment for animals killed by dogs is re-
pealed.
County auditors. treasurers. clerks
and recorders must have the consent of
the board of supervisors in order 10 APP
point deputies and are all required to
tiie bills for extra help at the first ses-
sion efter the service is rendered.
Sher.ffs are allowed mileage for the
service Of papers in civil cases.
The board Of supervisors is given the
power TO limit the pay of assessors.
BANKS.
Directors of state banks of So, 900 cap
ital are required to own two shares, Of
$50, 600 three shares, OF $4,000 four
shares, and of $4,000 five shares of the
capital stock.
- Directors OF savings banks of
$1,000 capital are required TO have one
share, of 500 900 two. of $780, 900 three, OF
$4,000 four, and of $4,000 five shares OF
The capital stock.
Savings banks are authorized TO re-
dlscouut-ithajt is, TO borrow money TO
pay deposJtors.
A reserve fund is required in savings
banks of 10 per cent Of the commercial
and 8 per cent of the savings deposits
In towns OF less than 1900. In other
cities ,the cash reserve shall equal 20
per cent of the time and 8 per cent of
the savings deposits.
state bank reserves in towns OF less
than 5000 must be 10 per cent; in other
c5sies or towns 1t must be 10 per cent of
the deposits.
1t is made embezzlement for any Off
Ger of a bank TO use It's funds or borrow
except on order of the board of direc-
tors.
The state bank examiner may take
possession OF Il failing bank and suspend
right to levy execution or attachment.
The state auditor is empowered to ap-
ply for appointment Of receiver of fail
ing bank.
The receiver is authorized 70 bring
suit for all creditors against Stockhold-
ers upon their statutory liability.
Fraudulent banking is to be punished
by fine of $4,000 and ten years in the
pan.sentary.
BUILDING AND LOAN.
Budding and loan associations cannot
charge more than II per cent interest on
foreclosure of mortgages.
The executive council in passing on
rhe articles of incorporation of building
and loan associations must also deter
mine IL they are equitable in addition
to seeing that they are in conformance
with the law.
THE MILITIA.
The governors STAFF is limited to sew
enteen members. Seven of these are
aides and ten are heads of departments
in the militia.
A staff has been created for the head
OF each department. in the militia.
Promotion from the ranks is provid-
ed for by examination.
A medical corps for the militia is
created.
Civic societies are permitted to wear
uniforms and swords and drill and
parade.
INSURANCE
Natural premium companies are for
hidden the use OF that term and must
lie known as stipulated Premium
companies.
Fire insurance companies cannot re-
build when the loss is total.
No agent, not a resident of this state,
is permitted to write insurance in this
state.
Notice of suit which is served on the
auditor of state is valid service the
same as IL served on the company.
Fire insurance companies are held
responsible for the acts OF their agents
by service on them being made valid.
Accident companies located otrt side Of
the static may transact business in Iowa
who have a cash capital OF 500 600 and
a surplus of 100000.
No insurance company located outside
of the state can do business in the state
wpthouta certificate from the auditor OF
state. The policy holder may be requir-
ed to pay the tax of any such company
on whatever policies he may hold.
MEDICAL LAWS.
OsteopathiSts are prohibited from
Dractlcing medicine.