The Somerset reporter. [volume] (Skowhegan, Me.) 1868-1909, 1903-04-02
Chapter z.
An Act to fix the salary OF the Judge o.
prnLata for Hancock CuMntY


Section l. on and after the first day of
january in the year of our Lord one
thousand nine hundred and three, the
salary Of the Judge OF probate for Han
cock county shall be thirteen hundred
dollars year instead Of the sum now es-
section 2. This act shall take effect
when approved. Improved Feb. III.
Chapter 8.
An Act to amend Section forty-seven of
Chapter seVenty-seVen of the Revised
Statutes relating to the times of holding
terms of the Supreme judicial Court In
Knox County.
Section l. Section forty-seven of chap
ter seVenty-seVen of the revised statutes,
as amended by section two of chapter two
hundred and fifty-threc of the public laws
of the year nineteen hundred and one, Is
hereby amended so that that paragraph
of said section relating to the times of
holding the terms of the supreme judicial
court i'm the county of Knox shall read as
follows:
Knox. at Rockland, on the first Tues
day of January, first Tuesday of April,
and the third Tuesday of September
Section 2. All matters commenced be-
fore or after this act takes effect and re
turnable to and all matters pending in
said court. and which would, but for the
provisions of this act, be entered and have
day at the term of said court to be held
on the second Tuesday of March, In the
year Of our Lord. nineteen hundred and
three, as provided by law. shall be entered
and have day at the term Of the supreme
the first Tuesday of April, in the year of
our Lord, nineteen hundred and three,
which is substituted by this act for the
said March term, and shall have day
therein as If originally made returnable
to said April term; and any provisions Of
law applicable to any term of court the
time Of holding whereof is changed by
this act are hereby made applicable to
Section .. This act shall take effect
when approved. fApproved Feb. 12l.
Chapter 9.
An Act to amend chapter two hundred
fifty eight of the Public Laws of
eighteen hundred and nnety-three as
amended by Chapter one hundred thirty
of the Public Laws of eighteen hundred
and ninety-five, relating to the taxation
of Savings Banks.
Section /. Section ono Of chapter two
hundred ffty-cight of the public laws of
eighteen hundred and nnety-three as
amended by section one of chapter one
hundred thirty of the, public laws of
! eighteen hundred and ninety-tive is
hereby amended by striking out tn >
| following words in lines nine to
sixteen inclusive: with aggregates
so arranged as 10 clearly. show
whether the purchase or acquisition of
each item in such detailed statement was
| prior or subsequent to January first
| eighteen hundred and ninety three. All
|
chased or acquired from the proceeds of
assets, loans or Investments held ON said
| January first and thereafter renewed sold
or paid shall be entered in said statement
as acquired subsequent to said January
| first" So that said section as amended.
! shall read as follows:
| Section |. Every savings bank. insti-
| tuition for savings and trust and loan as
ISOLATION Incorporated under the laws of
the state. shall, semi-annually, on the
| last Saturdays of April and October
| make return, signed and sworn to by Its
| treasurer, of the average amount of It's
deposits, reserve fund and undivided pro-
fits for the six months preceding each of
said days, together with a statement in
! detail of its assets loans and investments
and it's deposits within and without the
| state, in separate columns. Said return
| shall he made to the bank examiner on
or before the first Saturdays of May and
! November and within thirty days there
after, he shall fix and determine the mar
! ltet values of the Investments aforesaid
and transmit the same with such values
50 determined to the state assessors for
| the assessment required by section two
| Section >. Section two of said chapter
| two hundred fifty eight MS amended h.
said chapter oue hundred thirty is hereby
! amended by striking out i'm lines ten Il
thirteen the following words: land also
an amount equal to one-ScNcnth of such
by said detailed statement appear to have
been acquired prior to January first,
eighteen hundred and nincty-threr"; also
by striking ont the word Seventh in the
fourteenth linz and inserting instead
! thereof the word 'lfths:' also by striking
cut the words and New Hampshire" In
the eighteenth lin; also by striking out
In lines twenty and tWenty-one the words
'scvorallY made. purchased or acquired
| since said january first: also by striking
out the word sseyenths" in the twenty
second line and inserting i'm place thereof
the word ffths'; also by striking ont the
word seven in the twcnty-fourth Linz
and inserting In place thereof the word
live; and bYaddine Mt the end of said sec.
ton the following words: Provided, how
ever, that for the year beginning April first
nineteen hundred and three, and endng
April first, nineteen hundred and four, tho
fractional deduction shall be two-siXth.
and the rate of assessment shall he six
Fights in order In make for said year q
reduction of onc#eighth of one per cent
from the present rate of taxation s
that said section rs amended, shall read
as follows:
Section . The state assessors shal
thereupon determine the values of In
several franchises of the said banks. in
stitutions and associations according Il
the following rule: From the aVerag.
amount of deposits reserve fund and un
divided profits 50 returned by each bank
institution or association there shall II
each case be deducted an amount equa
to the amount Of United States bonds tn,
shares of corporation stocks such as ar
by law of this state free from taXatio I,
the stockholders. and the assessed Valu,
of real estate owned by the bank, institu
ton or association and also an amour
equal to tWo-tlfths of such other assets
loans and Investments MS by such state
ment appear 10 lac loans to persons
resident or corporations located an,
dong business IN this state, invest
ments IN mortgages on real estat'
} IN Maine securities or TIM
state, pubic or private bonds issued by
corporations located and doing business
in 70 np Itr a.4r