The Republican journal., 1903-04-09


the road evidenced by a certificate of the
railroad commissioners OF the state Where
the road is located, filed IN the office OF
the secretary of state OF this state, that
said percentage has been SO paid in and
expended in addition to the amount OF
the bonded debt; provided, that in such
OF the above states as have no railroad
! commissioners having supervision OF
| street railroads the bank examiner Of this
state may ascertain the facts and il they
| meet the foregoing requirement may tile
| certificate thereof with the secretary Of
| state, and all the expenses and compensa-
| ton OF the bank examiner for such SER
| vice shall be paid by the railroad COM
pany seeking to make it's bonds a legal
| investment under this section, whether
the same are admitted or not.
Fourth: In the mortgage bonds OF any
| states actually engaged in supplying any
| city or cities, town or towns village or
| villages, or other municipal corporations
| with water for domestic use and for the
extinguiShment of tires, whenever such
company is earning more than its fixed
charges and interest on its debts and its
| running expenses.
Fifth: In bonds of any corporation
other than railroad and water companies,
| Incorporated under the authority of this
| state, which are earning and are paying
a regular dividend of not less than five
| per cent a year.
Sixth, a: In the stock of any bank or
| banking association incorporated under
| the authority of this state.
| l.: In the stock of any bank or bank
| ing association incorporated under the
authority of the United States, if located
| within the New England states.
| q: In the stock of any railroad COM
paEy Of this state unencumbered by
| mortgage.
| ing railroad in New England.
| q: In the stock of any railroad leased
to any dividend paying railroad in New
| England upon terms guaranteeing the
! payment of regular stated dividend up
| on the stock of such leased road and the
| interest on its bonds.
| i: In the stock of any corporation 9TH
er than railroad and water companies, in
| corporatcd under authority OF th?s state
| which earns and is paying a regular div
idcnd of not less than five per cent
sixth, n: In loans secured by first
MORTGAGES of real estate in this state and
| New Hampshire to an amount not exceed
| ing sixty per cent of the value OF Such
H.: In notes with pledge as collateral
| of any public funds or bonds OF any kld,
| or of any stocks, which the bank or in
| stitution would, by this section, be au-
! thoriZed to purchase.
e: In notes l..th a pledge as collateral
| of any savings Dank deposit book issued
| by any savings bank in this state.
| d: In notes with q pledge as collateral
! of the stock of any railroad or railroads
| mentioned in this section, to an amount
| not exceeding seyenty-tive per cent OF the
| market value of such stock.
| g: In loans to any municipal corpora
| ton III TINS state i,
i: In loans secured by mortgage Of
| such personal property as in the ]udg-
nent of the trustees it is safe and for the
interest of the bank to accept:
| u: In loans to any cOrporatlo owning
| real estate i'll this state and actually con-
| ducting in this state the business iof
which such corporation was created
| Seventh, IL: The term net mInlclpal
| Indebtedness OF counties as used ia TINS
section shall be construed to include al
bonds which a direct obligation of the
| county, less the amount of amy SllElAS
fund available in reduction of such debI
b: The term net municipal indebted
ness of cities and districts as used ~ ms
section shall be constrle ID to lhn luat IN
| the case of either, not only all bonds
| which are a direct obligation ol the c-tltS
hut also all bonds of the districts or
boards within the same as above enancf-
ated, exclusive of amy such dept cfe'tlea
for a water supply and of the amount OF
any sinking fund available in reduction
| of such debt.
and counties shall be determined by the
last previous official census there,
of as established by the last United
States OF sta.e en cGIqs n th same on lnanper
as United States or state census, anu
duly cerrlied to by the Clerk or t.ea surer
| of such city or the AUDITOR or treasurer
OF such county.
! Eighth: All Investments shall be
| charged and entered on the books OF the
bank at their cost TO the bank, or at par
| u
| [Approvel March 2Sl
CHAPTER 1871.
An Act to amend Section ten Of Chapter
nineteen of the Revised Statutes, reiat-
ing to the Law of the Road.
Section ten of chs pter nineteen of the re
vised statutes is hereby amended by m
sertn;s after the word thereon III the
sixth line thereof the following: And al
teams with wheels, if drawn by more than
two horses oxen. or mules, must Ia ?,
the he rims Of their wheels at least 81
inches wide. when travelling on the fo!s
from LaWtons Quarry i'll Sinlthlleld II
Somerset County, to Norrldse"och a
laee' So that said section as amended
shall read as follows: :. ,-,
Section 10. Teams with wheels, II dra"1
| by more than two horses oxen or nuieS
must have the rims of their wheels AT leas
four inches wide, and ii drawn by NOR. @
than four horses, oxen or mules, at leasl
five inches wide. when traVellnS on th>
road from Jackson Brook, i'll WashlnStol
county, to Forest City; and no teili1 draw
shall travel thereon And all teams VIII VIII
wheels, if drawn by more than two horses
oxen or mules, must have the rms OF theii
Wheels at least six inches vide, when tray
einS Gmairy On in 'l's snithti5Id, ti in in someEse
county, 60; to Norridsewock village. Thi'
section is not appile,lp,ie o,o 70 '5sd +,
~. plc9 sure carria GeS, Or to those owned pS
the state or the United States, or 70 an.
cart or wagon owned by the settlers IN IN IN
vicinity and used for farming puIiio1sf ,iioI',f :
ing this section forfeits twenty dollars
! and one dollar more tor eacn mlle OF Iotl'
nassed, to be recovered by complaili
before q trial justice in the county "ii9f'
the 0ffense was committed. and on nee
oI. complaint he may issue his warrant u
, seize and detain such team to RESPOND u
such fine and costs.
: [Approved March 2S.1
; Chapter 1872.
A, Act to amend Section forty-eignt o
| Chapter two hundred eighty-four OF INT
. | pubIic Laws of eighteen hundreu dt'
ninety-une, entitled AN Act to conson
= date ana simplify the laws pertaining
IL sea and shore fisheries as colitalAet
: il, Chapter forty of the REVISED olit
utes'' and in amendments and adoltioh
t Section 1. That section forty-eisht
chapter two hundred eighty-fouT OF th'
n1lEiic laws OF nineteen hundred and one
t are hereby amended by striking out IN
word Fifteenth in the tWenty-sAtnl ~ IN II
: and inserting therefor the WORD thlr
e tieth' so that said section as an1eliueu " Ii
9 No smelts shall be taken or fished 10
Y in tidal waters except by hook ana nm
between the first days of April and Octo
v her under "A penalty of not less tn2I te!
1 nor more than thirty dollars Tor eatn ol
I fense, and a further penalty OF ~, t"Sh !
: cents for each snelt so taken, ana al
| Weirs for the capture OF smets snail y
s omen and so remain, and all nets useu ~
| +na and tom cod fishery SLdl u