The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1903-03-13
CHANGE IN BANKING LAWS.
An Important Act Ratified by the
Legislature-There May be a Pri-
vate RoformatOry for Young Crimf-
nals-The Next State Fair-Appeals
Argued Before Supreme Court.
Messenger Bureau,

Messenger Bureau,
Raleigh, n. c., March II.
A very important act of the legisla-
ture, ratified Monday, regards the
commission new powers and duties as
to the supervision of banks. 1t pro-
vides for the chartering of banks ty
the secretary Of state. with h con-
currence of the corporation commission,
without application having TO be made
to the legislature. 1t defines the duties
of the corporation commission in the
supervision of state, private, and saw
ing banks, and requires all banks p
Grated without charters to apply for
charters and conform to the banking
law Of the state. Under h terms of
the new law, banks can begin opera
tons with a minimum capital of $1,000
in own of 800 population or less.
1t is learned from Treasurer Jos. G..
Brown, of the Methodist orphanage
that the gifts and subscriptions to the
orphanage fund % aggregates $50. 6OO.
Work which has been suspended two
months, is to be sun this month.
and there will be no further stop until
the main building is completed.
Inquiry was made today Of Treasdr-
er Brown of the Sir Walter Raleigh
monument fund, as to what progress
had been made in securing money. He
said that so far only $500 had been re-
ceived, OF which only $19 had come in
this year. There is rprlSe at The
sloWnesS with which money has come
in, as it was thought two years ago
the funds would be in hand so that
the memorial statue could be erected
here this year 1t is strange that the
tobacco manufacturers and dealers of
the country have not contributed to
this fund. The matter ought 30 be
laid before them.
1t ook k there will be a big shake
up in the city government at the cleo
ton in May. There are five aSpirants
for the position of mayor, but there is
no scramble to get on the board of al
dermen.
The eff ort to secure a reformatory fer
young criminals by means OF a legfsla-
tive act failed. 1t may be tina a pri-
vate institution will be started. The
Kings Daughters have the matter Of
reformation OF young criminals and OF
boys who have no proper home very
much at heart, and it is hoped that
something will be lone. In the bill as
]roduc a state appropriation was
asked for, but this was cut out. Even
after it had been thus stricken out, the
! bill could not be passed.
There is much interest in North Car
DINA having a really great exhibit &C
the ST. Louis exposition. The legisla-
ture provides for a $40, 900 appropriation
in case a like amount is otherwise
raised. 1t is said that the $40, 900 to
be privately raised will be forthcCm-
ing. Owing to the fact nat the state
has such a superb collection of objects
in it's great museum, it can make an
| exhibit at much less cost than other
| states. The museum collection is so
| practical and so varied, that it is al
| ways instantly available for use.
DR.. BraXton Banks, one Of the hest
| known country physicians in this coun-
| ty is dangerously sick of pneumonia.
Although it is a considerable time
| until the next state fair, the most &C.
| tive work is being done already to
| make it the greatest the state has aver
| known. The financial condition of The
! State Agricultural Society i" SO excel
| lent, that it is in a position to make
many improvements at it's grounds and
| also to enlarge its line of exhibits
The executive committee for this year
has been named by President Long.
One of the bills which died in the
! senate was that of Senator Goodwin
introduced about the fourth day of the
session TO prevent fire insurance, com
panies doing business in this state
from entering into combinations to con-
troll rates for fire insurance on proper
ty in this state. The bill never got
any further than the insurance com
mittee. 1t was known from The very
first that the legislature would pass NJ
such bill.
Appeals from Sixth district argued
State VS.. Wick, by w. c.. Munroe for de
PENDANT, attorney general for the state
State VS.. Jones, from Wake, by attor
ney general for state, no counsel con
ira: Stevens VS.. Mcdonald. by Stewar
& Goodwin and L. B. Chaplin for PLAN
tiff. MurchiSon & Johnson for defend
ant: Baptist University VS.. Borden
EXT. Gwo cases) by W. n. Jones an(
Battle & Mordecai for plaintiff; F. A
Daniels for the executor, J. E. WOodart
and w. T. Dortch for legatees and W
c. Monroe for Mrs. Faircloth; Beck
with VS.. Railroad Company. by Peel
& Maynard for plaintiff, T.. B.. Womacl
and Day & Bell for defendant: Sigrno1
VS.. Railroad. appeal dismissed. it ap
pearing that the matter has been set
tied by the parties.
Seventh district appeals will be called
next Tuesdy March Il, as follows
State VS.. Utley: Prevatt vs.. HarreISon
McKinnon VS.. Transportation Co..
WiIloughby VS.. Stevens; Higgins VS.
Railroad: Burnett VS.. Railroad; Nc
Leod VS.. Graham.