The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-03-07
ANOTHER INDIRECT TAX BILL.
1T TAXES AUTOMOBILES AT So
lPER HORSEPOWER.
Bin Providing for State Gas Commission
10 Have the same Control OF Gas CONF
panies as the state Railroad Commits
sion Has OF Railroad Companies


panies as the State Railroad Commits
sion Has OF Railroad Companies.
ALBANY, March e.-Another indirect tax
measure has made it's appearance, and will,
1t Is Estimated, bring an annual revenue
into the State treasury Of $500 900. Senator
L'Hommedieu Rep.. orleans) ihas the bill,
and IL taxes automobiles at the rate of
81 per horsepower.
Senator Grady CTammany) tonight in
troduced bill providing for a State gas
commission which is framed on the lines
of the bin introduced by the late Senator
Michael c. Murphy as a result Of the legis-
latve gas investigation In 1885 The com
mission Is TO have the same control Of gas
companies as the State Railroad Commits
sion has Of railroad companies. One OF the
commissioners shall be a Democrat. The
dividends to be declared by gas company
are to be limited to 10 per cent. and the ac-
emulation Of surplus is limited to 10 per
cent of the company's capital The price
OF gas Is to be reduced by company pro-
portonate to the amount that its earnin rs
exceed those two limitations. The eX-
penses Of the commission are to be paid by
the gas companies. The bill was referred
to the Senate Finance Committee.
Senator Cooper introduced a bill to pre-
vent { he establi shment or extension of
cemeteries in Kings county.
Through a bill introduced by Senator
Page tonight the State Railroad Commits
sion, instead of the New York city Board Of
Aldermen, ia authorized to permit the Port
Chester Electric RRilrt ad 10 cross certain
streets and highways in Bronx borough.
The Board OF Aldermen has refused TO grant
ouch t,prf1i saipn the Port Chester
pany though 1t did grant such rights TO
rival company
Des nte the fact that the Niagara, Lock-
port and Ontario Power Company claims
that it has preserved it's franchise by dig
ging trench in the Niagara River II Is
coming to the Legislature asking for fur
Their rights. bill has been sent to Assem-
blyman Tompkns Of Niagara county for
introduction, but it does not meet with his
approval. But bill extending the life
of the company and granting it additional
rights will be introduced
Assemblyman Hartman tried TO get be-
fore the Assembly resolution calling for
legislative investigation into the affairs
of the New York Contracting Company,
an alleged Tammany concern As all
resolutions in the Assembly must be intro
duced during January and February, unless
unanimous consent Is assured, Mr.. Hart
mans efforts tonight were looked upon
as a joke. Tho minority members OBJ
jected to the reception OF the resolution.
Despite this, Mr.. Hartman persisted and
Speaker Nixon had to sit him down with a
thud.
The Assembly Jud iciary Committee has
asked the Assembly for an extension from
March 10 to April /, in order to complete
the investigation into the charges of Su-
preme Court Justice Warren b. Hooker.
The committee will hold its first session for
the taking Of oral testimony on the 10th
and IL confident 1t can make report on
April g. Chairman Fish says that when the
committee gets started IL will ait until the
investigation il closed.
Another bill for canal improvement made
its appearance in the Assembly tonight.
Ii was introduced by Assemblyman Foster
and appropriates SIS 600 for the widen
ing. deepening and improY ement of the
Black River Canal.
Assemblyman Hammond introduced a
bill which provides that summons in
negligence case for damages must be served |
within six months from the time the injuries !
were sustained. II 'inoapaciated during
that period the plaintiff must serve them /
within ten days after he Is able to be about. |
Assemhlyrnan Hartman introduced a /
bill providing for the submission to the /
voters Of New York city at next falls cleo
ton the question of whether or not saloons
in New York city can remain open from .
! p NJ. until II p NJ. OH Sundays
Assemblyman Coke introduced n resolu- 4
ton providing for the calling by the differ
euU States OF United States constitutional (
to enact more stringent laws /
against polygamy and placing that crime |
under the jurisdiction of the Federal Gov /
eminent The resolution was adopted hut !
Leader Rogers later objected. and |
the vote was reConsdeTed and the resolu- |
ton referred to the Federal Relations Com
mittee.
bill bearing upon the trouble in the
Equitable Life Assurance Society was /
introduced tonight by Assemblyman Otto |
Foeker CRep.. Kings 1t provides for the !
of all domestic life insurance .
Every domestic insurance |
is to ascertain the proportion Of |
the surplus accruing to each policy from
the date of the last premium payment 10 |
the date of the next premium payment /
and distpibu 90 per cent of the surplus /
In cash according to the length of time
the policy has run.
All poliCyholder5 are to be entitled to
vote at the election of directors and officers,
to have one vote for each sl00 paid in.
No proxy can be given TO an officer or an
employees of the company. The list of
policyholders must be- published three
months in advance Of a meeting for the
ele ;ton OF officers or directors.
Another insurance bill il that OF Assem-
byman q. II Whitney rep, Saratoga, /
which compels insurance companies TO
file with the State Superintendent of In
surance, ninety days preceding the annual
report, list Of all polioyholders.
BY vote Of 10 the State Senate to-
night decided it would not lend itself TO
any agitation which might impair the
work Of the life insurance companies of
the state or tend 10 scare polioyholdors.
1t referred to the Insurance Committee
resolution Of Senator Marks, requesting
the Judiciary Committee 10 report il there
should be additional legislation respecting
the accumulation, distribution and man
a cement and investment Of the surplus
funds Of life insurance companies. There
was two hours debate upon the question,
which kept the Senate in session until
close on TO midnight.