New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-07-20
MANY BILLS APPROVED.
SIGNED BY. GOVERNOR.
.Tzco Measures ProUide Important
amendments to Insurance La1cs.
IBy Telegraph to The Tribune. ]


Albany Juy 1.-Two bills embOdying important
amendments TO the insurance laws of last year
were signed by Governor Hughes Tonight Tney
drafted by the Insurance committees or the
two houses in consultation with members OF the
Armstrong investigating committee representa-
tves of the Insurance companies and the pohcy-
holders associations and Governor Hughes mhseiI'
The most important bill contains general amend
ments years laws II provides that the ilsts
OF policyholders shall be filed by the company SIX
months instead of FIVE, before election OF trus-
tees II puts these lists under the supervision "t
the Superintendent of Insurance, that he may MAKE
regulations governing the inspection OF the lists
The bill provides that at the election OF trustees
ballots serially numbered shall be used Ihese oei
lots shall be under the supervision Of the super
intendent. -,
over one feature OF this bill there was a hard
fight in the Legislature. AS originally lntouu'st
by Senator Fancher and Assemblynan Rogers II
provided that employees of Insurance coIip',I..S ,
shoud not work to influence votes Tor any trustees
ticket This designed to prevent the use 81
the agency forces in hard campaign by the ao-
mnistratioE' Amendments pIesehteu ~ -
Cohalan. who said he was acting for agents. PIo
vded that the latter might work ior any I'M
they chose outside their hours or du'E' anu az
though II was pointed out that no insurance agent
ever heard OF hours of duty. the amendments were
adopted. II is known that the Governor did nov
think highly Of them. but preferred TO sign the OH
because il contained 50 many desiraole lea,ules e.
rather than risk them by vetotus II because oI ono
undesirable section which might he corrected an
other year.
The second hill provides for the biennial election
% directors IN mutual companies DeBlulliiie
1898 Governor Hughes also signed Dill proFlulHS
for the refundng Of franchise taxes paid' oy sohe
mutual companies of Connecticut.
A bill of considerable importance when became
law to-day was Senator Pages. permitting the
frying Of fat in tenement house bakeries III New
York City Strict regulations to the freproohnG
Of the in which the fat Is 70 be fried are pro-
vded in the bill.
Other bills approved by Governor Hughes to-day
include those OF
Senator Taylor. amending the act relative 70
banking corporations to provide for the deposits
Of minors in trust companies. that when deposits
shall be made I'm the name of minor the same
shall for the exclusive right and benefit OF such
depositor and free control lien of other
persons. except creditors. and shall be paid with
dividends and interest. to the person in whose name
the deposit shall have been made
Mr.. Winters. amending the code OF criminal pro-
cedure provide for the arrest of any person con
victed than once as a pckpocket thief or
burglar If found lettering about public places and
unable 10 give satisfactory explanation OF his
presence.
Mr.. Brough. amending the consolidated school
law 10 provide state aid 10 the extent Of $500
year for blind citizens in attendance on schools
. or colleges in the state.
Mr. Strattan. amending the agricultural law 10
prohibit the of unclear and unsanitary milk
cans and providing for their conhscation and for
the appointment OF two milk can inspectors in New
York city.
Senator Hul amending the public lands law IN
relation 10 escheats Of real property the state
for failure Of heirs incapacity. except mental in
capacity infancy. and the release OF said escheat
/ 10 petitioners.