The Owosso times. (Owosso, Mich.) 1897-1926, 1907-06-14

house committee on private corpora
tons has reported the bill without
recommendation.
OF Interest to Sportsmen.
The project to require all hook and
line fishermen Of other states who in
wade Michigan in quest of sport to
take out n license for which fee
shall be charged is dead, the house
declining to stand for it, BY the same
token resident hunters will not be re-
quired to have licenses, but non-resi-
Gents will be obliged to pay a fee or
$40, that is, of course, If the senate
agrees to the bill as it passed the house.
No change is made in the deer license,
the SO being the fee for general
hunters. An important bill in the fish
and game list, which was passed by
the house, makes the state game and
fish warden forestry warden as well,
imposing upon him the duty of pre-
serving the forests Of the state from
fire. This bill empowers the state
warden to appoint three chief deputy
fire wardens at an annual salary Of
ST 200, not more than ten deputies az
$1,000, each and township wardens in
the effected districts, who are to re-
ccive 50 per day for not more than
fifteenn days services in any year. eX-
cept N special cases. All supervisors
in the state are made deputy fire
Vardens.
Insurance Legislation.
The several life insurance bills de-
scribed al some length last week have
now been passed by both houses, no
opposition developing in the senate.
The two houses have also passed the
Miller bills which amend the insurance
laws so as to permit the incorporation
OF. surety companies. Strange as it
may appear surety companies of other
states have for years had the right un-
der our laws to transact business in
Michigan, but there was no law Oh
our statute books permitting such n
company to be Incorporated in this
state.
There is a chance that the indie
terminate sentence law, which has
been extensively discussed by the trial
judges of the state, will be amended
so as to- permit these judges to fix the
maximum sentences to be served by
persons convicted before them. AS
PASSED Ivy the senate the hill covering
this subject also amends the existing
law by making the minimum sentence
to be served at least hne-half of the
maximum sentence imposed by the
court and requiring that prisoners
whose prison record is perfect must
be released at the expiration of the
minimum period.
Constitutional Convention.
The differences between the two
houses over the makeup of the consti-
tutional convention to be held next
fall have finally been settled, each side
making concessions. AS the bill will
pass both houses, ii will provide for
a convention of ninety-siX members.
three from each senatorial district.
Candidates for delegates will he NOM
mated at primaries to be held Aug
II. and the election will take place
in September. The convention will
hold its first session Oct. - and will
continue in session not later than jan
81, 1908. Delegates are to be COM
persated for their services at the rate
Of $40 per day. 1t is understood that
not very many of the members Of the
present legislature will seek member.
ship in the convention.
To Prevent Stock Watering.
The senate and house have now
passed n bill which is considered by
many one Of the most important meas
urcs which has been before, the. pres
ent legislature. IT is designed to pre-
vent stock watering in any form. The
present corporation law of Michigan
permits corporations organized there
under to include as paid up capital
either cash or property. This has
been construed to mean both tangible
and intangible property, so that trade
marks, formulas, patent rights, good
Will All NCh'7
have figured as paid up cap
tal or property on which large bond
issues have been made. The new
law, for there is no doubt that the bill
will be approved by Governor Warner,
provides that no property, except sale
able, transferable property, subject to
len or execution, shall be available for
paid up capital, and that three Of the
must make affidavit as
TO the actual cash value of the prop
erty listed. 1t is expected that the
new law will result in some wonderful
changes in Michigan corporations here.
after.
Much Work Still Unfinished.
Just at present, let It be known,
here is heap of important legisla-
ton still in an unfinished shape and
speculation is rife as to how much OF
It will receive the finishing touches.
In the lot there are number of APP
bills. Such of these "a
have to do with the maintenance OF
state institutions, etc, will, of course,
be passed. There are others which
propose the establishment Of new in.
situations and boards which will, in
all probability, go into the junk heap.
The only new institution. or. more