The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-03-11
r LAWS.

books or papers other than those specified
In its provisions. Emergency. Signed
STREET-RAILROAD LAWS.
5. b. 2S9. Amends the street-railroad law
of 1851 so as TO provide that any number
Of persons. not less than five. being sub
scribers to the stock of any contemplated
street or horse railroad company. may be
formed into a corporation for the purpose
Of constructing. owning and maintaining
street or horse railroads. switches or side
tracks upon and through the streets or
cities and W within inliana upon COM
pliance with following requirements: stock
10 the amount OF at least $1,000 shall nave
been subscribed and the subscribers there
to shall elect directors from their own
number, and they shall sign articles Of In
corporation setting forth the name OF the
corporation, amount OF stock, number OF
shares and the number and names of direc-
tcrs, together with the name or the city
In which IL is intended to operate such
road. Emergency. Signed March 8.
> y. A6- Refers to all Incorporated cities
not operating under special charters
Frdclcaliy repeats a portion or tht NC
Hugh law Changes terms OF all city Of
ncers in such cities from four to two years.
PROVIDES that the terms OF all cOuncllmen
now in Office shall expire in 1902. Hereto
Tore there have been a number OF hold
overs in these city councils, but under
this act there will be no such officials
hereafter. Declares an emergency Signed
March 8.
s. b. PIP. Amends Section 4 of an act
authorizing the sale and conveyance OF
certain lands belonging TO the State of In
llama so as to enable the State University
at bloomington 10 dispose of certain lands
belonging to it's endowment fund. Elmer
gency. Signed March 6.
5. B.. 403- Amends Section 6 of an act en-
titled Al act TO provide for the organiZa-
ton of savings banks and the safe and
proper management of their affairs APP
proved May II, 1869, by providing that
whenever a trustee shall die, resign, re-
move from the county where such savings
bank IS located, become insolvent or inca
pacltated to discharge his duties, or shall
fail for nine successive months to attend
regular meetings or the board or trustees,
or shall borrow, directly or indirectly, for
himself or any one else any of the funds Of
such savings bank, or become surety for
any borrower thereof, a vacancy shall
thereby be created and a successor be Sc
lected by ballot of the residue of the board
at any regular or special meeting, provided
that IL shall require a majority of such
votes to choose such a successor. Elmer
gency. Signed March Z.
5. Il. 81. Provides that Incorporated Ii
braries, established in a city that is county
seat of a county. with population exceed
ing is, 1O0 and not exceeding 10000, accord
ing 10 the census of 1890, are authorized To
hold real estate to be used for library pur-
purpose of securing money TO pay for the
same. Legalizes such purchases already
made by directors or trustees of Libraries
of the kind specified in the act. Also pro-
vides that where there is established In
such counties d public library containing
5000 volumes or more open to the free use
of citizens of such county upon equal terms
1t shall be the duty of the trustees of the
county library to turn over to the directors
of such public library the library fund in
their hands, either in cash, notes or other
securities or property, real and personal,
acquired by reason of loans of such fund.
Any part of such fund so acquired may be
loaned by the directors of the public Ii
brary in the same manner that school funds
are loaned by the county auditor. Emer-
gency. Signed March Z.
s. Il. 213. This is a bill to prevent dis
ordinations in the business of express
companies. 1t provides that one express
company shall deal with all other express
| companies on the same terms; that an eX-
press company shall deal with all indi-
viduals upon the same terms and ID the
same manner. 1t does not provide how they
shall deal nor what they shall do, except
that equal terms and equal conditions be
given to all. 1t says that it is the duty of
prosecuting attorneys when the law Is vio-
lated to prosecute the companies commit
ting such violations. 1t also requires the
| companies to pay for the privilege OF doing
business in the State the same fees TO the
| secretary of state that are paid by do
nestle business corporations of all kinds.
| Signed March Z.
s. y. III. Amends Section l of an act en-
titled AN act to amend Sections 2, IL, u.
81 and II of an act entitled An act con-
| corning the Incorporation and government
of cities having more than $1,000 and less
than 1900 population, according TO the last
PlCNtdlIS tCASAof NRPNV'N0
which said amending act was approved
March G. 1897" The amendment provided in
the present law is as follows: Tha the
general election in such cities shall be held
on the first Tuesday in May, 1901, and on
the same day in every fourth year there
after. at which election a mayor, munich
pal judge and city clerk shall be elected
for a term of -four years, except that the
municipal judge shall not be elected until
the general election in May. 1895. Council
men shall be elected on the first Tuesday
in MAY. 1901, and every second year there
after. Emergency. Signed March T..
S. B.. 237. Provides for the payment OF
fees charged under existing laws in the
cases of mortgages to secure loans from the
common school fund, the congressional
school fund and the permanent endow-
| ment fund of Indiana University, fixing
the rate of interest and the time for the
payment of interest on such loans; fixing
! the amount of such funds which may be
loaned to any person or company; liking tht
amount which may be loaned from such
funds in proportion TO the appraised value
of the PREMISE offered as security there
for. clear of all ~perishable improvements
! fixing the length of time for which such
loans shall be made: providing Cor the
payment of such loans in instalments. etc,
| The rate of interest Is o per cent. per
| annum. The amount which may be loaned
is 1900. The sum loaned shall not exceed
| one-half the appraised value OF the prop
erty. Time of loan limited TO five years,
with privilege of paying not less than II
| per cent. of such loan at end of any year,
| Where school fund or university FUND ac-
| cumulates i'm any county treasury TO the
| amount of 81, LOCO or more, the county may
borrow such money for a period not exceed
ing five years. Other counties may borrow
from such funds with consent of auditor
of state. provided fund exceeds 5000. Emer-
| gency. Signed March Z.
S. Il. 2i6. South Bend charter. The cleo
tive officers are mayor, city Judge, city
| clerk. one councilman from each ward and
three at large. Election shall be held on
first Tuesday of May. Ordinances not In
| consistent with the charter remain in force.
Departments of public works, health and
charity. safety and public comfort finance,
law and assessments and collections are
created. The. Board of Works and Board
of Safety shall be composed OF three per-
sons. each appointed by the mayor. There
shall be one commissioner of health. The
parks of the city are to be in charge of the
Board of Works. The city controller shall
be appointed by the mayor. Emergency.
Signed March 8.
s. r. pa. Provides for the licensing of In
surance companies to insure against loss
or damage resulting from burglary and
robbery or attempt thereat. also ;ne loss
of money or securities in transit by regis
tered mail. limiting the scope OF their huSi-
ness and defining their powers, duties and
qualifications. Signed March 3.
ANTI-LYNCHING BILL.
S. b. Z. Barlow's anti-lynching bill. Pro-
vides that if any person shall be taken
from the hands of a sheriff or his deputy
having such person in custody, ard shall
be lynched. it shall De conclusive evidence
of failur on the part of such sheriff to
do his duty and his office shall thereby and
thereat Immediately he vacated and the
coroner shall Immediately succeed To and