The times. [volume] (Richmond, Va.) 1890-1903, 1898-03-06
SOME NEW LAWS
OF IMPORTANCE.
How the Act of the Recent Assembly
VIII Affect Us.
AS TO NEGOTIABLE INSTRUMENT
The Entire Law Enacted Into One
Statutc--Sale of Delinquent Lands.
subscriptions on stociSr and Con-
tempts OF Court--Other Acts.
AS TO NEGOTIABLE INSTRUMENT

measures which have attracted general
public noincc. many measures of impor-
tanco were considered. and a. number en-
acted into law. which have attracted but
lltuo attention. And when tho acts are
published it viii Dc seen that quite a mum.
Der OF new laws of general character
Will be found in the statute books as well
as number OF amendments 10 the
Code.
NEGOTIABLE INSTRUMENTS.
a few of these may Doe mentioned b.
way OF example The entire law with ref
orcuco TO negotiable instruments has been
CodiiHd ana enacted into one statute.
This act was recommended by the Ameri-
can Bar Association as q uniform law ON
this subject 90 Doe passed by all OF the
States. New York and several other
states have adopted 3D.. 10 makes "a large
class OF obligations negotiable which arc
not now negotiable Boo fact almost any
written obligation to pay money VIII Doe
negotiable under This law and many other
change are also made. This act VIII not
bo Boa force until July j. 1885, The mer-
chants and BANKS will nave ample time
90 lamiliarizo themselves with the law
before 30 goes into operation.
DELINQUENT LAND SALES
Tho law governing the sale Of delin-
Ouont lands bias been materially changed.
Before the new Jaw went into effect amy
one desiring 90 purchase land which had
been delinquent for taxes for two years.
could make application therefor and give
notice only tO the party in whose name
the taxes were assessed. Notwithstanding
the fact that at the time of the applica-
ton the land may have been owned by
another party and after the lapse of a
certain time could get 20 decd therefor
from the clerk. which conveyed a good
tito. and if the owner or party i'm whose
name tho taxes were assessed lived I'm q
county or corporation other than that
in which the land was situated. advertise
mcnt could Doe had in "a newspaper without
O. personal service of notice.
Under the now law notice must De
served as a. notice to commence a. suit
SIS served upon the party in whose name
the land is assessed. the real owner OF
the land. and also upon anyone who has
o. mortelge or deed of trust ON the land
which has NOT been recorded for more than
Ten years. After notice has been served.
ST. the owner or other party having the
right TO redeem. desires 90 redeem the
land. DE must pay Che cost OF redecmng
as well as "a five dollar penalty which has
80 Doe paid TO the applicant as "a cOmpen-
fation for serving the notices. TO would
he advisable for AN parties whose lands
have been delinquent for more than two
years Co pay their taxes without delay,
or else at amy time they may Doe taxed
with this cost and the five dollar penalty.
SUBSCRIPTIONS OF STOCK.
The llw with reference % collecting
unpaid subscriptions on stock IN corpo-
ratious HAS also been materially changed.
Under the new law suits 10 collect unpaid
stock subscriptions will have TO be
brought at common law in the county or
corporation where The defendant resides
whether 30 is brought hv "a trustee, cred.
flor or receiver. And amy defence can be
made 90 such 90 sut DID, brought on behalf
OF trustee. creditor or receiver which
could have been made if thc suit had
been brought on hcnalf of the company
with tine exception as 90 % promise made
hy the company that che par value Of the
stock need not Dee paid up If that was un-
known Goo uc creditor
CONTENpTs OT COURTS.
a law was passed dividing conicmpts
int0 direct and indirect coutcmpts. Direct
Coutempts are those committed BOO the
presence Of The court which may Doe pun-
ishcd ly the court Indirect coniempts
ore defined as these committed ont of
che presence OF the court such ass disc
obedience to the orders of au injunction,
etc.. and must Dee tried Dy jury empan-
clcd Tor that purpose. This law US OIL
very general Importance TO the leem
profession Under the old law one who
disobcyed the provisions of au Injunction
order whether committed Boo the pres
euce or ont of the presence of the Judge
could ba punished ly the court without
jury
a law of general interest to bicycle
riders was passed requiring railroads to
carry bicycle as baggage. An amend
mcnt was put ou thls fil providing that
81 party desired bicycle Go Doe checked
travelled ON a. fast express or limited
train on which 80 is not convenient 10
carry bicycle. that the bicycle may be
tran ported ON the So regular TRAM
PROTECT VACANT HOUSES.
Several laws ol special interest 20 the
reoplc of Richmond were passed. one of
which ls TO protect the owners Of prop
crty from the frequent depredauons OF
Detit thieves. who steal the gas fixtures
and lead pipe out OF vacant houses. This
law provides that AN junk dealers SHAH
keen "a book setting forth their transac-
tious Of each doy open 20 the inspection
Of amy police o. peace officer. and that
they shall furnish the chief Of police
each dav before % o'clock a. NJ, with
a list of their purchases OF the previous
dav. with the exception of old rags l@-
Der and scrap lron exclusive OF gas
rfre and that they shall not melt OF
otherwise dispose of any such article re-
ouircd 90 Doe $50 reported within I'VE days
Of its purchase.
The Parks hil with reference to list
inr securities for taxation and the Whar
ton act with reference TO Insurance COM
NAMES and the law requiring railroads
10 fence tho lines or pay Tor the STOCK
killed and some others have received
very general notice
Several bills We're passed bv the Gem
eral Assembly and approved by Cow
crnor Tylcr. giving the United states
Government the right OF purchasins prop
crtv in Virginia for various purposes.
One measure authorizes Uncle sam 20 buy
more land at WylhcIle lor tAe purpose
az cnlareing the fisheries there Addition
81 property can also be secured in Nor
lolk county adjoining and opposite the
Gosport Navy Yard so enlarge the facli-
ties there for naval purposes.
II DO is the desire Of the Federal Gov
srnment 10 establish "a national park
covering the battlonclds around Peters
turg. it can do 30 hy acquiring property
IN DlnWiddie and Chesterfield counties
and from the city Of Petersburg.
A similar opportunity is eiycn for the
establishing % LARGE park around
l'redcucksburg and tho night OF condemn
ing land f0r thar purpose has even been
given 10 the Federal Government 10 The
extent % 1000 acres "a Stafford county
100 acres in Spotsylyanla county. and q
acres in the city OF Fredericksburg. the