The Portland daily press., 1897-01-28

Senator Drummond presented a resolve
to publish volumes 70, Is and IA of state
records in the York county registry of
deeds.
The following petition was introduced
by Senator Drnmmond of Cumberland:
We the undersigned, trustees OF the
Portland Savings Banks of Portland,
Me-, hereby respectfully petition your
honorable body in favor of the passage of
an act to reduce the rate of taxation of
savings bank deposits in accordance
with the recommendation CT the state
bank examiner.
Sidney W. Thaxter, VIM. Fl. Moulton, ].
P. Baxter, F. r. Barrett, W. +. Mil
liken, Charles S. Fobes, Edward A.
Noyes.
Another copy of the same was signed
by Samuel Rolfe, Mark P. Emery, AL
pheus q. Rogers. W. Davis.
GERS of the Topsham and Brunswick
Trust company and the Brunswick Saw
lngs institution, was also presented.
Senator Drummond of Cumberland
presented All act striking out the whole
OF section 8, chapter 70, private and
special laws of 1875, relating to the Port
land Safe Deposit Company, and insert
Ing III luS place UQ0 IOIlOWlnE:
Section. 3-Said corporation shall be en-
titled to purchase and hold real estate
and personal property to an amount not
exceeding the amount of it's duly au-
thoIiZed capital stock; may construct,
own and maintain and operate safe de-
posit vaults with boxes and safes therein
for rental to its customers; may collect
and disburse the principle, interest and
Income of any property which it is an-
IN No n
buy, sell and deal in stocks and bonds
and carry on general brokerage busi-
ness; may invest and loan money and re-
ceive the same upon deposit; may act
as agents for the purpose of registering
and countersigning certificates of stock,
issued by any corporation or municipali-
ty; may act as trustee of any real or
personal property or trusts duly credited,
and may execute fully any such trusts;
may act as administrator, executor,
guardian. trustee or assignee under legal
appointment, with the same powers and
subjected to the same liabilities and o.
legations as individuals acting in like
capacities, except that In the discretion
of the court by which such appoint
ment shall be made, no sureties may be
required upon its official bond given in
such cases, and that all papers relating
thereto shall be signed and sworn to by
Sucn ODo OF more OF lG6 ouIClSl5 as GDe
corporation shall designate to act In its
behalf.
Senator Drummond of Portland pre-.
senting an act authorizing towns to
create committees to enter tb towns in
to contracts authorized by law. The cum
tracts made by these committees and con-
tracts otherwise authorized and ap-
proved Of by popular vote are made legal
by this act.
Senator Drummond presented an act
amending section of chapter $50 of the
private and special laws of 1891 relating
to the municipal court of Portland. 1t
is made to read s"Fhe salary of the judge
of said court shall be $500 per annnm,
payable quarterly in full for all servi- |
ces."
He also presented an act..amending
chapter 274 of the private and special
laws of 1887 relating to the salary Of t he
of the municipal court of Port
land. 1t raises the salary from Sl7O0 to
$780,
Senator Reynolds of Cumberland pre-
scented an act to incorporate the York
Sewer company.