Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1899-03-02

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The railroad committee met, Wednes-
day afternoon, for the first time since
the famous mileage hearing, and it. haa
lot of work awaiting it. The matter
or extending the charter of the Ken
nebec & Franklin Railway and the
Franklin, Somerset & Kennebec Rail-
way was first taken up. The bills ex-
tending these charters were supported
by Frank w. Butler, County Attorney
Richards and Hon. j. c. Holman OF
Farmingtoh: II. NJ. Heath and c. w.
Jones of Augusta. ard Judge Philbrook
OF Waterville. There was no opposl-
tlon. Mr.. Heath also addressed the
committee on behalf of the bill extend :
ing the charter OF the Lewiston. Au-
gusta 4 Camden r. r. Company. The
hearing on the bill extending the pro-
visions of the general law relating to
the location of street railway tracks re-
vealed the fact that the present law
fully covers the ground.
In executive session the committee
cleared away the greater part of the
bills awaiting action. 1t voted to re-
port ought to pass on the bill to extend
the charter of the Boothbay r. r. Co.
the bill to extend the charter of the
ELLSWORTH Street Ry. Co.: the bill to
extend the charter of the Castine
Railway and Navigation Co.: the bill
to extend the charter of the Wiscasset
n quebec Ry. Co.: the bill to incorpo-
rate the Patten. Allegash & Northern
Ry. Co.: and the bill providing that
the decision of the railroad commits
SiOnarS civ,u ho1 no an
less appeals are taken within IA days.
1t was voted ought not to pass on the
bill to incorporate the Passadumkeag
r. r. Co.: the bill to incorporate the
Castine & Eastern r. r. Co.. and the
bill to incorporate the Bluehill &
Bucksport Ry. Co. The petitioners for
charter for the Boothbay Harbor E.
Newcastle Ry. Co. We're voted leave
to withdraw. The above reports will
all be made to the Legislature, this
morning. The committee also acted on
other matters to. be reported later
which were not divulged to the press
at the close of the executive session
1t is presumed the mileage bill was one
of those disposed of.
The committee on banks and bank
ing had an interesting hearing.
Wednesday afternoon, on the bill
changing the banking laws to admit
telephone stock to the list of securities
handled by saving banks. and also
changing the law in regard to loans to
corporations. Judge Geo. c. Wing OF
Auburn. the author of the bill, was not
present to defend it. owing to some
misunderstanding. Representatives of
six leading Maine savings banks We're
present and spoke in opposition to the
bill. They We're f. A. Noyes of the
Portland Savings Bank; Geo. III. Hop
kins of the Penobscot Savings Bank,
Bangor: NJ. V. b. Chase of the Kenne-
bee Savings Bank of Augusta; A. b.
Savings Bank of Lewiston; and L. c.
Cornish of the Augusta Savings Bank.
The bill was tabled and there will be
continuation of the hearing, at $50 P.
NJ. today.
In executive session the committee
voted to report ought to pass on the
bill to amerd the charter of the Van
Buren, Trust and Banking Company:
the bill extending the charter of the
Bluehill Trust and Banking Company:
the bill amending the charter of the
Buxton and Hollis Savings Bank: the
bill to incorporate the Boothbay Har-
Dor Trust Company: the bill to incorpo-
rate the Houlton Trust and Banking
Company; the bill authorizing the
Manufacturers Trust Company to es-
tablish a branch at Old Orchard: and
the bill amending the charter of the
Augusta Safe Deposit and Trust Com
pany. 1t was voted to report ought
not to pass on the bill Incorporating
the Maine Annuity Company. On the
matter of reducing the tax of savings
banks the committee has drawn up
resolutions recommending that a re-
duction in the tax be made by the next
Legislature.
The committee on legal affairs, had
numerous hearings. Wednesday. after
noon. but. as on the previous day, il
had no time left for an executive ses-
sion. 1t has many matters before ii
to be acted upon and an executive ses-
sion will be held. at 3 A. NJ, today, to
dispose of as as many Of these as pos
sible.
The ways and bridges committee
postponed their hearing to this after
noon.
Only one matter that was brought be-
fore the committee on inland fisheries
and game developed into anything like
a hearing. This was on an act regu-
lating the taking of salmon during open
caa son with drift nets on tho east