The Morris County chronicle., 1906-02-06
NEW JERSEY
LEGISLATURE,
IooNrINuED FRoM FIRsr rAen.l

fCoNTINUED FROM FIRST PAGE
BY Mr.. Wooley, amending the married
women's act SO that a married woman
may sue for personal injuries without
the husband joining therein.
BY Mr. Chaplin, fixing daily compen-
sation Of township committeeman at
50. but not exceeding $3.50 year;
township clerks are allowed SO day.
An important resolution was pre-
sented by Senator Minturn as follows
That the attorney general be and he is
hereby directed to institute legal pro
ceedings forthwith in the name of the
state against the Standard Oil Com
pany of New Jersey and its subsidiary
corporations in this state for the pur-
pose OF annulIing and forfeiting 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. y
This resolution was referred to the jul
dietary committee.
Important Senate Bills.
Among the important senate bills In
troduced Tuesday were:
By Mr.. Horner, providing for state
military board to consist OF the adju-
tant general quartermaster general,
the division and brigade commanders
and the colonels 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 ap-
proval Of the commander-in-chie shall
be binding.
BY Mr.. Horner, 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 a commissioned officer
for over twenty-five years he may re-
ceiye breyet rank one grade higher
than that held during service.
BY Mr.. Cornish, providing for the
election of assemblymen by districts
instead of counties. 1t is the Demo
cratic measure of 1891.
BY Mr.. Minturn, providing that
street railway franchises in cities shall
not be granted for a longer period than
i've years, renewable at the option of
the governing body. For a longer con-
cession vote Of the people must be
taken at the next regular election.
A hearing on the Frelinghuysen auto
mobile bill will be given next Wednes-
day immediately after the morning ses-
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-
tion, proposed an amendment by which
the investigation, if prosecuted, will be
confined to insurance companies aud
their relations to subsidiary companies.
When questioned as to what he meant
by subsidiary companies MIR. 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
Colby, and the discussion at the hear
ing was limited to the amended resolE-
tion.
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-
nies of the state. He said the sugges-
ton OF an investigation by special
committee had aroused opposition
which had not been intended, because
1t 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 were suffi-
cient for the protection Of depositors
and policy holders.
7riggs 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
that was cast upon the finan
cial institutions of the state by the
of an investigation at the
hands OF body of men who in the
eyes of the public would assume the
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 thar only one failure of bank or
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 company 1t is scarcely
probable that the resolution, even in its
amended shape, will be passed.
Senator Avis introduced a bill on
Tuesday In the senate which provides
that where the parents Of a child are
negligent or unfit petition for custody
Of the minor may be made by any in
terested person or children's society to
che Judge OF the court Of common pleas,
who shall have full power. The pres
ent law limits the courts action to the
chancellor or any supreme court JUS
tice.
Monday afternoon was taken up with