The Caucasian. (Clinton, N.C.) 188?-1913, 1905-03-16
SUMMARY OF LAWS
Bifdseye View Of the Work Done By
Recent Legislature
MANY LAWS OF A PUBLIC NATURE
Acts and Captions M Acts That Were
Passed by the Recent Session Of the
General Assembly.
Raleigh Morning Poet.

Raleigh Morning Poet.
In any birds eye view of the leg
islation enacted by the general as
sembiy OF 1905 about five acts loom ND
over all the rest as centers of general
interest. They are the bond settlement,
the new divorce law, the Ward bill. the
Revisal of The Code, ana the bucket
shop bill"
These and all other measures effect
ing the whole state are treated briefly
below, summaries being given, where
the bills are lengthy and in such cases
as the revenue and machinery act, the
school law or the revisal only the
changes are noted.
The local acts chartering railroad
companies. banks, incorporating towns
and establishing graded schools are
classified.
THE BOND SETTLEMENT
A special legislative committee, COM
posed of Senators A. c. Zollicoffer of
Vance, A. NJ Scales of sGui1ford and
Representative Walter Murphy of Row.
an, J. R. Gordon of Guilford and J. p.
Coffield of Martin, in conference with
the governor and council of state re-
garding the best settlement of the Schaf-
fer bonds and the South Dakota judg-
ment, made the following recommended
ton to the general assembly:
"Gentlemen: The committee to whom
was referred the matter of the South
Dakota judgment and the Schaffer
bonds, to the end that they might care
fully consider the same and make
some recommendation to the general
assembly, do now respectfully make the
following report:
"1st. That the governor of the State.
with the approval of the council OF
State, be directed to settle the South
Dakota judgment in the manner deem
ed by them best to protect the States
interest.
"2nd. After a careful consideration Of
the bonded Indebtedness known as the
Schaffer Brothers bonds, being 242
bonds of the par value of 81 900 each,
with interest On the same for twenty
nine years, and after consultation with
the attorneys of said bondh holders, the
committee unanimously agreed to rec
ommend the following:
The State is to pay the bondholders
$S9l per bona which is less thon pal
value, and amounts to S215,864. This
is s447216 less than the principal and
interest of the 242 bonds, $179, ,136 less
than the first proposition suggested by
the bondholders to the governor, $685.
1876 less than the first written PROPOSE
ton made by the ndholders, printed
in the newspaper as letter to the
governor. and $26, 1876 less than the ul-
timatum that they offered at the first
meeting of this committee. The $2l5,-
S64 recommended by the committee,
and accepted by the bondholders, Is
based Though 1ess) on the settlement
of 1879, allowing 25 cents on the dollar
and interest for twenty-four years.
with interest on the deferred coupons,
tbs being in strict accord with the
settlement of 1879 and the Democratic
platform.
Eve believe this settlement is both
honest and just. and we therefore rec
oDXnend that the general assembly &C
cept and approve it."
This report was unanimously adopted
by both branches. and bill passed in
accordance Herewith, which being a
roll-call measure. required six days for
its enactment and necessltated the leg
islature remaining in session until
Monday. March 9Th, although the term
expired or Saturday.
of the settlement agreed upon by the
committee, the payment by the State
of s215. 1854 for the 242 bonds now held
by the Schaffer Brothers and the gov
ernor to settle the South Dakota judg-
ment against the State fer s27 400. pro-
yides for an issue by the State treas
urer of bonds of North Carolina to the
amount of S250,000 to meet the above
ha fn
their face the express purpose for
which they were issued and drawing
per cent. interest dating from jan
uary. 1905. to be paid seni-annually on
January 1st and July 1st. The bonds
are TO be of denominations of $500 or
$1,000. and are not to be sold for less
than par.
THE WARD BILL.
+ What is known as the Ward biil'
amends the Watts law of 1903 by stipu-
latins that ct shall be unlawful for
any person or persons, firm or corpor-
alton to manufacture or rectify Tor
gain any spirituous, vinous Or malt Ii
ouors or intoxicating bitters within the
State cf North Carolina, except IN IN
corporated cities and towns having not
less than one thousand population,
wherein the manufacture of liquor Is
not or may not hereafter be prohibited
by law or regulated by special stat
ute"
Then every city or town in which
manufacturing or selling is permitted
under this act shall maintain town
Or city government as provided in Its
charter and police force of not less
than two policemen. and some mem
he- Of the pciice force is required t6
visit each place where liquor is SOLD
or manufactured in The town at leas'
once q week to see if the laws are beins
cheyed and if tie place is being con
d,;cted in an orderly manner. and tf
make written report of his visit U
the maycr and board of aldermen
which reuort the mayor shall GeiiVel
to tie solicitor Of the district. IN cast
of the fsiiyre of any town to carry ou
these requirements. the county cor,
nissiorers may revoke and cancer
cense authorizi the sale and manu-
facture of liquor in that town.
Another section is added which make:
the possession and issuance TO any per
son of a United States license to sell
manufacture or rectify at wholesai'
CT retail in any county, city or towT
where the manufacture, sale or recti
ficaticn is forbidden by the laws of thu
State. prina facie evidence that th'
party is guilty OF doing the act per
mi.ted In the license. Ia violation @
the State law. The act Is 70 take effee
from January ]. 1905.