The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-14
TWO INSURANCE BILLS SIGNED
SENATE WILL PASS REVISION
NIL WEDNESDAY.
Amendment 10 Mortgage Tax a AZ"
yanced In the senate EhllS sup
poSrd 10 Bc In the interest Of \. H. rat
rick Are Introduced In the Assembly.

Dosrd 10 he IN the Interest Of \. \. Pat.
rick Are Intr 0duced In the Assembly.
ALBANY, April 13.-Gov. Higgins to-day
signed two Of the insurance bills. 1hey
prohibit rebates and allowances and limit
the amount of real property a life insurance
company NAV hold. The former is Chapter
23l and the latter Chapter POS of the Laws
Of 1905.
The general revision Of the insurance
aw which passed the Assembly yesterday
was received for concurrence in the Senate
to-day. Senator Armstrong had it sub
stituted for the similar Senate bill, which
il a special order for final Passage next
Wednesday.
The Senate Taxation Committee to-day
reported Senator Tully's bill amending
the mortgage tax law OF last year in regard
to building and loan association mortgages.
Senator Lewis, chairman Of the committee
had the bill advanced to a third reading
only after he explained to Senator Rage
that it had been introduced before the bill
repeating the mortgage tax law and sub
shutting a recording tax had passed. ana
that If the Governor signed the recording
tax bill there would be no necessity for the
Tully measure.
Senator Pages inquiry regarding the
bill stirred Senator Malby, who did not like
Senator Pages laugh which ollowed the
explanation Of Senator Lewis. Senator
Malby said that Senator Page would have
sufficient opportunity to laugh before the
recording tax bill became a law, az he under
stood that already numerous amendments
to the bill were being suggested to Gov.
Higgins, especially with regard to the
= II. III ~ Frnrn
even the recording tax corporation mort
cages placed both upon real and personal
property.
The Senate ordered to a third reading
Senator 1Awis's bill providing that the
original issue of stock of corporations shall
not he liable for the stock transfer tax.
Senator Stevens's bill prohibiting the use
Of alcohol and narcotics in patent medicines
by compelling the printing of the ingredients
Of such medicines upon the packages was
reported favorably in the Senate. Senator
Stevens tried to have the bill advanced to a
third reading, to which Senator Aids OBJ
jected, but was persuaded to withdraw his
objection, and the bill would have gone to
a third reading had not Senator Coggeshall
~strenuously opposed II.
The Senate Ia ation Committee to-day
reported ~favorably the two bills which have
been advanced before the Legislature for
| Ii nUIIlDtT VI ytdlS ny u LII "SOl L hlhS VI
the Tax Reform Association. They change
the method of ia king domestic corporations.
One Of the bills supposed to be in the
interests Of Albert T. Patrick introduced
by Assemblyman Wade in order to give
Patrick another opportunity to go to the
Court Of Appeals passed the Assembly to-
day. and the second bill was advanced to
third reading. The second bill provides
that when judgment Of death has been
affirmed by the Court Of Appeals and a
motion for a new trial on the ground of
newly discovered evidence has subsequently
been made and denied In the court in which
the trial was had an appeal may be taken
from the order denying the motion to the
Court Of Appeals.
The appeal stays the execution Of judg-
ment of death upon filing with the notice
OF appeal a certificate of a Judge of the
Court of Appeals that, in his opinion, there
for a new trial should not have been granted,
but not otherwise. The certificate cannot,
however, be granted until such notice as
the Judge may prescribe is given to the
District Attorney Of the county where the
conviction was had of the application for
the certificate, but the Judge may stay the
execution of the judgment until the deter
mination of such application,
The Assembly passed Assemblyman
divers bill which prohibits trattcking
in the Office Of notary public. 1t is charged
that large corporations have one of their
clerical force named as a notary public.
and he attests all papers and receives no
fees for the same.
Assemblyman Eckmann's bill compelling
street surface railroads in New York city
to carry oolored signs or lights on the cars
to designate their destination was advanced
to a third reading in the Assembly.
The Assembly passed A~ssemblyman Har-
mans bill giving employees of the New
York city Street Cleaning Department
extra compensation when obliged to work
more than forty-eight hours in any week.
Senator Hills bin permitting the State
to issue bonds for fifty years instead of
eighteen years TO pay for the Sl0l 900, 1000
canal Improvement passed the Assembly
to-day.
The Assembly to-day passed the bill
which compels the New York Central to
bear the entire expense Of changing grades
in connection with the scheme to e~lectrify
a part Of the railroad from Croton Landing
to New York city. Under the existing law
the property owners would have to bear
half the expense. which in this instance
would amount to several million dollars.
Residents of West Chester county objected
to having to pay for the change of grade.
The Motor Boat Club of America is to
nave a pier for its own Use along the River
side Drive in connection with the Athletic
field for the Use Of Columbia College. To-day
Senator Pa ge introduced a bill authorizing
New York city to fill in the lands under
water between 1llth and 1l6th streets for
the use Of the Motor Boat Club on which
thew ran erect n clubhouse and pier,