Gloucester County Democrat. (Woodbury, N.J.) 1878-1932, 1906-02-01


retired on half pay, or any member in
jured in the service may retire at the
same rate.
! BY Mr. Wooley. amending the married
women's act SO that d married woman
may sue for personal injuries without
| the husband Joining therein.
| BY Mr.. Chaplin, fixing daily compen-
| sation of township committeeman at
! 81, but not exceeding $3.50 year;
/ township clerks are allowed So day.
! An important resolution was pre-
/ sented by Senator Minturn as follows:
''Ihat the attorney general be and he is
| hereby directed to institute legal pro-
seedlings forthwith in the name Of the
I state against the Standard Oh Com
pany OF New Jersey and its subsidiary
corporations in this state for the pur-
pose of annulling and FORGETTING the
charter Of such companies upon the
ground of the violation by such COM
| panies Of the common law relating to
monopolies and upon the ground that
such corporations exist and now car
ry on their business in violation of the
provisions of the Elkins law and the
laws relative to. interstate commerce. "
This resolution was referred to the jul
dietary committee
Important senate Bills.
Among the important senate bills in
troduced Tuesday were:
BY Mr.. Homer, providing for state
military board to consist of the adju-
tant general, quartermaster general
the division and brigade commanders
and the colonies of the several regi-
ments, who shall prepare rules and
regulations from time to time for the
government of the national guard.
These rules, when published on APP
proval of the Communicated chief, shall
be binding.
BY Mr.. Homer, providing that the
governor and commander-in-chief may
retire any member of the national
guard at the age of sixty. and if he
has served as commissioned officer
for over twenty-five years he may re-
ceives brevet rank one grade higher
than that held during service.
| By Mr.. Cornish. providing for the
election of assemblymen by districts
instead of counties. It is the Demo-
cratic measure of 1891.
BY Mr.. Minturn, providing that
street railway franchises in cities shall
not be granted for longer period than
five years, renewable at the option of
the governing body. For longer con-
cession a vote of the people must be
taken at the next regular election
a hearing on the Tarelinghuysen auto
! mobile bill viii be given next Wednes-
day Immediately after the morning SEES
sion.
Hearing ON Insurance Investigation.
The hearing on the legislatures joint
resolution proposing an investigation
of the banks and insurance companies
of the state was held by joint commit
tees from the senate and house on
Tuesday afternoon. The hearing took
an unexpected turn when Assembly
man Martin of Essex, the introducer of
the house resolution for an investiga-
ton, proposed an amendment by which
the investigation, If prosecuted, will be
confined to insurance companies and
their relations to subsidiary companies.
When questioned as to what he meant
by subsidiary companies Mr.. Martin
said he meant company of any kind
controlled by or under the supervision
of an insurance company. The amend
ment met with the approval Of Senator
n; OF 70 hOa
ing was limited to the amended resolu
ton.
Mr.. Martin said that its purpose was
to ascertain what control the depart
ment of banking and Insurance has
over the banks and insurance compa-
MES of the state. He said the sugges-
ton of an investigation by special
committee had aroused opposition
which had not been intended, because
it had not been expected to arouse sus-
picion against any of the concerns that
might be involved. merely to ascertain
if the laws of New Jersey We're Asuffi-
Gent for the protection of depositors
and policy holders.
Griggs Defends Banking Department.
John w. Griggs, representing the
New Jersey Bankers association, said
that he was gratified with the propos-
ed amendment in that it removed the
suspicion that was cast upon the finan-
cial institutions of the state by the
prospect of an investigation at the
hands of body Of men who in the
eyes Of the public would assume the
proportions of an inquisition. New
Jersey, he said has the finest depart
ment of banking that exists In any
state in the Union. and its banking in.
stitutions speak for themselves in the
fact that only one failure Of bank Of
trust company has occurred in the
state in thirteen years.
A number Of speakers against the
bill Were heard, including r. V. Linda
bury, who appeared for the Prudential
Insurance coTlpally It is scarcely