The Providence news. (Providence [R.I.]) 1891-1906, 1903-02-20

CD That all trust companies have the
double liability inserted In their charters
to make the stockholders liability the
same as that of the Manufacturers
Trust Co.'S shareholders. who are thus
held liable by their charter.
Without legislative action, when the
next depression in business comes, as
come it will, If experience be any guide.
then run will be made on the banks Oh
deposit, suspension OF payments will en-
sue, causing great loss and sunerihs TO
multitude OF innocent people. These peo-
pie II is the manifest duty OF the state
to protect.
Ordered printed and communicated TO
the house forthwith under suspension OF
From the house came the announce
ment OF the appointment or the mousse
members of the Joint standing commit
tees Received and placed on ME-
From the calendar was taken Dill 10
incorporate the New England Towing
and Transportation company OF Rhode
Island; read and referred 10 the COM
mlttee on engrossed acts.
Also bill in amendment OF the charter
| of the Joslin Manufacturing company;
| read and referred to the committee on
| engrossed acts.
| Also resolution on the petition OF
John T. Downing for pardon and release
from imprisonment In state prison; read
and passed.
Also bin to approve and publish and
| submit to the electors n proposition or
amendment TO the constitution OF this
state: committee on tho judiciary recon-
mends the passage OF substitute bill ~
and the Indefinite postponement or the
original bill.
Substitutes bill "A" was passed and the
original bill was indefinitely postponed.
On motion OF Senator Easton the mat
ters on the clerks desk were ordered
communicated TO the house forthwith un-
der suspension OF the rules.
| Senator Banigan, from the committee
on the judiciary, reported back a resolu-
tion on the petition OF Peter Murphy for
restoration to his civil rights; calendar.
on motion OF Senator BanBan a bill
In amendment OF section OF chapter 2ll
| OF the General Laws was taken from the
table. read and passed.
on motion OF Senator Stoddard the sen-
ate then adjourned.
The house was called to order by spea-
ker Burlingame at I:00 with a quorum
present
The journal OF the proceedings OF yes
terday's session was read and approved.
Mr.. Clarke for the commitvv on spec
ial legislation reported back with recon-
mendation OF indefinite postponement, the
J bill presented by Mr.. Spoone- prov 2
for the calling OF convention OF the
} people for the purpose OF amending the
constitution OF the state. Calendar.
Mr.. Wilbour presented a bill in amend.
ment Of section II OF chapter S93 OF the
: public laws and amendment thereof
I committee on fisheries.
FOR vEsTIBULE CARS.
! Mr.. Rattey presented the following biil
J ! Section /. IL will DO unlawful for any
electric railway company, operating oi
{: running electric cars In this state. 20 op
= crate or run said electric cars from IN,
: first day IN October OF any one year (,
D the 18th day OF May In tho year follow
: ing without vestibules The said yesti
y bule 10 be 50 constructed as TO fully cove
\ and enclose the platform OF the said elec
q trio cars.
Section 2. Any electric railway com
> pany or companies violating section on
= OF this act will be deemed guilty OF
misdemennor and will be fined not NOR
!, than 500 and not less than $50 for eael
= offence.
Section :. All acts and parts OF acts IN
i. consistent herewith are hereby repeats
!. and this act shall take affect on the frs
= day or October 1908
a Committee on special legislation
|. Mr. Bliss presented n resolution az
thorlzing the Joint standing commltte
on accounts and claims 10 employ
p clerk; committee on finance
n Also a resolution authorizing the com
mittees on special legislation. education
: public Institutions and fisheries of IN
D house 10 employ clerks: committee o
| finance
. The calendar was then taken up. Tn
= resolution presented-by Mr. Spooner. r,
] questing the committee on special leglsla