The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-15
REPRESENTATIVES, WANT To
hNOW SOMETHING ABOUT THE
VALUE OF SECURITIES
HELD BY THE STATE AUDITOR
For the DepOsitors and Creditors nd
Certain Corporations of the
State-Yesterday's Routine.

dahl, of Goodhue, stirred up the mem
ters to lively interest for a brief
period. Representative Grondahl has
Settled beyond any peradventure THAI
no large appropriations are to be
rushed through the house by dlnt of
legislative finesse
Representative Grondabl's bill pro-
vides that the sum Of $44. 900 be an
propriated for certain additional build
ings at the State Reform school. at
Red Wing, including the erection ana
equipment of a school building to
cost $25,000 a boys cottage to cost
$4,000. and a hospital to cost So 900.
He had the bill introduced as from the
committee on state schools. and, under
the rules, he argued, this measure was
entitled to go to the committee of the
whole on general orders
Representative Staples move its
reference to the appropriations COM
mittee and Judge Hicks, Mr.. jacob
son, Mr.. Feig and Mr.. Donnelly joined
forces and one by one took a fall out
Of the little representative from Good
hue. He stood his ground manfully,
and defended his action, and the
SPCdhCI uCCANtSu pOlIlI VI OIu0I III
his favor, holding that a two-thirds
vote was necessary to make the ref
erence suggested by Mr.. Staples.
The pressure was too severe, however,
and Mr.. Grondahl gracefully seconded
the motion, whereat Mr.. Staples re-
marked Il admire the gentleman's keen
intellect. He knows when to tumble.T
The speaker. at the opening Of the
session. announced the following minor
appointments:
Doorkeepers-Bennett Williams, J. c. Hurl-
burt, Adam Wood.
Committee Room Keepers-Andrew Sand
perg A M. Jones.
Cloak Room Keepers-Rex Shane, C. We
Otis. ]. B. Kelly.
Gallery Keeper-George Jensen.
Janitor-George Hunton.
File Clerk-C. E. B. Colweli.
Pages-Henry Bruggeman, Ross McNichaeI,
Thompson, Ed Mccall, Harold Knutson.
The speaker announced the following
Joint committees:
House Reapportionment Committee-Messrs.
Ferris, Smith, Shell, Kendall Reeves, Bas-
ford. Laybourn Staples, Bergley, Snyder,
Anderson, Dare Jacobson, Johns, Douglas.
House Members of Committee on Sugar
Beet Industry-Messrs. Abbott, DonneIlyp
Finney, Briggs, Belden, Nyquist.
Representative Scott introduced
resolution directing the banking COM
mittee to investigate and report to
the house the condition of securities
deposited by corporations under eX-
listing laws with the state auditor and
treasurer, which is as follows:
Whereas, Under the existing laws of the
state, certain corporations are required to
deposit with the state auditor or state treas
urer. which said auditor or treasurer and his
successors are required to hold as collateral
security for the depositors and creditors Of
such corporation, and for the faithful execu-
ton of any trusts which may be lawfully
imposed upon and accepted by such corpora
tons, and for other purposes are required
by law; and
Whereas. Among such securities are bonds
or prcmissory notes, secured by first mort
cages, or deeds Of trust upon unincumbered
real estate situated within this state, worth
double the amount of the obligation Sc
cured; also bonds of the United States or OF
any of the states of the Union having the ap-
prevail of the state auditor or public eXamin-
er; also bonds of certain cities in this state;
and
Whereas Public interests require that the
present value Of such securities should be
certained and reported to this house at the
present session of the legislature; therefore,
be it
Resolved That the banking committee of
this house be, and it is hereby directed forth
with to make an investigation of all securities
of such corporation held by state
ditor or state treasurer, and especially to as
certain and report the present market value
of such securities and the present market
value or the unlncunlDerSQ real estate winch
in certain cases secures notes or bonds de-
posted with said state officials or one OF
them.
Resolved further, That said committee Is
requested to prosecute such investigation and
examination with all convenient speed and
report the results Of such investigation to
the house.
The resolution was adopted without
opposition.
Representative Dare presented re-
ports from the committee on Legislative
expenses adverse upon the resolution Of
Representative Lee, allowing each
member ten copies of the journal. The
matter had been covered previously.
The same course was taken with the
resolution to provide a desk for the
engrossing clerk. The chief clerk was
directed to get up neat pocket direc-
tory and compendium for the use Of
the members. The state forestry as
ISOLATION was given the use of the large
committee room.
Representative HartshOrn introduced
a resolution to authorize the appoint
ment of a clerk for the committees on
state normal schools, roads and bridges,
game and fish laws, state training
school, drainage, hospitals for the in
sane, agriculture and temperance. The
person to be chosen is left to the chair
man of the committees named and is
to be paid S. day.
Representative Dahl, of Hennepin.
introduced, by request, a text book bill
which provides that text books shall
not be adopted for more than five years
nor less than three years, and that
after the passage of the bill all text
book contracts, whether they shall have
expired or not, shall be regarded as
having expired and new contracts may
be made. The bill, If passed, would
make an active text book fight all over
the state.
Representative Hartshorn introduced
bill Oh. F. AID asking for an approprl-
alton of 5000 which is to come out Of the
internal Improvement fund, for the
construction of two wagon bridges
across the Long Prairie river in Todd
county. The matter will be grappled
with by the road and bridges commit
tee.
Representative Lovejoy introduced q
bill to amend the present law relating
TO state savings banks and savings in
situations so as to permit deposits to
be kept outside of the state in the city
Of Chicago, as well as in the city of
New York, in banks and trust COM
panies organized under the laws of the
states of Illinois and New York
Representative Snyder introduced q
bill (H. F. 54) for the better control oe
inebriates who are taking the Kelley
cure at the expense of the county 1t
is intended to give the persons in
charge Of these inebriate hospitals the
protection and authority Of officers OF
the court, with power to enforce rea-
sonable rules, but without extra COM
pensation beyond that now authorized.
Violation of these rules Is made pun
ishable by SIS fine or thirty days inl-
prlS0nment