The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-02-17
INCREASE ovEP LAST MEASURE.
MIR. Fuller Offers Bill Creating
a Department. OF Banking
for the State.

bill carries $3.673,e30. while there is an
approximate Increase in the new one
for the first year of $iGl.27t. and for the
second year of $477,270 The increase OF
$4,000 annually for the primary schools,
5000 additional for pensions. and s1lG.-
600 for the state Sinking Fund run the
amount at once up to point near the
difference between the amounts in the
two bills. Here are some more of the
additional appropriations:
For maintenance Mt the peni-
tent'ary ,......... ............ $1,000
University annuity increase. 1900
" p !. annuity ncrease........... 1880
William and Mary annuity in
crease .-.......,l.. .............. -. 5000
V. NJ. I. annuity increase .......... 1909
Farmvilie Normal annuity Increase. 1909
The penitentiary guards are given an
increase of 81 per month. and provision
Is made for paying the additional jani-
tors at the capitol and the men employed
mt tho new State Heat and Light Plant
Increases are made MS we'll for the
state Corporation Commission and the
State Library.
The increases In salaries provided In
the bill are nominal and do not swell
the figures to any great extent
The measure was made n special and
continuing order for 1890 o'clock r. M.
on Tuesday. and Its consideration will
sidetrack all other matters In the House
until 1t is disposed OF.
Colonel Bowman will have charge OF
the bill on the floor and he hopes to get
II on its passage by the end OF next
week, when 1t will go to the Senate
Many amendments Will no doubt be Of
fered, but the bill will likely go through
practically in It's original form
There Will be n supplementary appro-
Yft h lat ttl,f -b,
apportion ratably whatever OF other
monies can he spared to the jamestown
Exposition and various other institutions
that are asking help.
| Hon. ordway Fuller. of Richmond. yes
| terday offered In the House a bill to ere
| ate department of banking In Virginia
| and to appoint commissioner of banking
| In the state. Such measure was rec
commended by Governor Swanson in his
inaugural address. and seems highly ap
| proved In legislative circles.
| The commissioner. along with the Gov
ernor and Attorney General. is to have
| control and supervision OF the banking In
| terests OF the State, and the commissioner
| is to be appointed by the Governor.
The commissioner liz required to ex-
| anime into the conditions OF all the banks
| In the State at least twice year and
to report to the Governor.
The salary OF the commissioner is fixed
at $500 a year, and he is to be allowed
the additional sum OF 5000 annually. or
| as much thereof as is necessary. for
travelling expenses. the employing of as
slstants and clerks and the general main
| tenance of his office.
| Fees are TO be paid by the banks ms fol-
| lows. One-tenth OF one per cent. per am
nun upon the capital, surplus and und'-
| vided profits. This special charge Is to be
| in addition to any taxes or fees imposed
by existing laws
| The commissioner shall have power TO
| appoint one assistant, whose salary shall
| be $1,000 year.
| individually liable to the creditors OF the
bank over and above the amount of stock
held by them. respectively. 70 an amount
equal to their respective shares.
Capital Not to be Impaired "Restor-
alton Of Capital" Enforcement OF As
sessments,'' Limit of Loans" are the
captions OF other important sections OF
| the bill. each Of which suggests the sub
| ject dealt with.
The Senate Finance Committee yes
! terday reported the Niemeyer-B Bland
fremen relief bill favorably, and 1t is
| now on the calendar in the upper branch.
| The bill has been introduced for the
past several sessions by Delegate Bland,
hut this is the first favorable report upon
| 1t from the Senate Committee.
Hon. Richard E. Byrd, of Winchester.
yesterday offered in the House a bill
designed to relieve the heirs of the late
| J.. Samuel McCue OF the payment OF the
| expenses Of the execution OF the now
famous wife murderer.
The bill is a general one, but is made
retroactive, so as to reach the McCue
| case.
Additional insurance legislation likely
| to provoke fight was proposed in the
| Senate yesterday in two bills offered by
| Mr.. Sale OF Norfolk. One of these bills
provides that 1t shall be unlawful for
any llfe insurance company other than
| q beneficial order or sick benefit conf
| pany to insure or cause to be insured
| the life of any child under the ago OF
! twelve years. Any Insurance company
| violating the provisions OF the act will
be deemed guilty OF a msdemeanor. and
| upon conviction, will be fined not less
\ than fifty dollars and not more than
one hundred dollars for each offense, and
! the license Of the company will be re-
yoked and the concern will be prohibited
| from doing business In the State for
| q. period of twelve months from the re-
! vocation of such license
Several bills touching the conduct Of
| elections in Virginia have been orereo
in the Senate recently Mr. STROBE. OF
Amherst, proposes an amendment TO the
Barksdaie law peTfecting that statutes IN
reference to It's provision That no VT.
ness giving evidence In any prosecution
4 q, ord other proceeding under the pure cleo
4 Hons net shall be ever proceeded against
for any oftense AGAINST the get a or agaln :,
connection With tho Same election prl'
4 mary or, convention,
Drastic measures g prohibit SOLICITING
of votes too near poll boxes and to COM con-
nel election judges. under pain OF a fine,
4 n enforce tho law. are proposed In two
A hills offered by Mr.. lSerns, of Halifax,
Gases are on record md have been .. q
recent occurrence where solicitors for
4 votes pursued the voter into the very
hooth itself. one of the bills OF Mr..