The Owosso times. (Owosso, Mich.) 1897-1926, 1909-02-19

made within the time prescribed or T.
bank Is found to have vioiated az.
other provision of the law, the con.
missioner is to lay the facts befor,
the attorney general who Is required
to apply to the courts for the appoint.
ment of a receiver. the commissioner
taking possession of the bank in t..e
meantime.
! Concerning Private Banks.
Attention is given private bans In
a bill which prohibits the use by pri-
vate or unincorporated banks of any
statement that would make 1t appear
! that the concern is an incorporated in
| stitution, and which requires that on
| all signs, stationery literature, etc.,
the expression private banker" or
| private bankers" appear. Boards Of
| directors are required to keep COM
plete records of the minutes and trans
| actions of all meetings, and CONNER
cial and savings deposits must at all
times be kept separate, the two de-
partments being entirely Independent
of each other.
1t is made felony to make or cir
culate statements rejecting upon the
financial condition of a bank, or to
make false statements in order to OBJ
tain credit from bank. The pro-
posed bills are the most sweeping and
drastic in their provisions t. 1T have
ever been prepared, but 1t is urged
that experience has demonstrated the
need for them.
Railway Legislation.
The railway trainmen of the state
have had measures which they desire
enacted into laws introduced by Sen
ator Anhut of Wayne. One Of these
bills provides that flagman, in addi-
ton to conductor and brakeman, be
carried on all passenger trains of live
cars or more and that freight trains
of forty-five cars and upward carry an
extra man. Another prohibits any en-
ploye from riding on top of a train
equipped with airbrakes when in M
ton. 1t will be seen that both meas
ures are designed to safeguard the
lives of the employees.
gests the fact that the milk dealers
and dairymen of the state have, during
the week, induced the Michigan rail-
road commission to alter it's previously
prepared schedule governing the rates
for the shipment of milk. 1t was pro-
posed to increase from 10 to 20 cents
the rate for transporting a ten gallon
Of IL g., 4 Ito 6
five miles or less. This, it was urged
by the dealers, would necessitate q
marked increase in the price of milk
Ship ID to the larger cities of the
state AS result of the hearing held
by the commission the rate for a ten
gallon can of milk has been fixed at
10 cents for the distance above indi-
Gated, while cream will call for rate
of 20 cents. A rate of ~ and II
cents was fixed for a five gallon can
of milk or cream.
States Military Establishment
A bill which has been under consid-
Grafton in military circles for some
time has been introduced by Repre-
sentative Stewart of Kent, who has
long been prominently identified with
the Michigan National Guard. 1t com
pletely revolutionizes the method of
handling the military establishment of
the state. For the present military
board It proposes to substitute a board
composed of the commanding officers
of the three regir ats with the adju-
tant general at the head. the quarter
master general and inspector general
being reduced in rank from brigadier
generals to colonies and their assist
ants from lieutenant colonies to ma
iors.
the adjutant general and four aides
with the rank of major. the adjutant
general to be chief Of staff The latter
is made the head Of the establish
ment with a salary of $1,000, the in
spector to have salary Of 81 600 and
each Of the three colonies $500. IN
definite tenure is contemplated as pro-
vision is made that the adjutant gen~
eral and assistants shall hold Office
during good behavior.
Promotions by Seniority.
All officers above the grade of Sec
ond lieutenant are to be promoted BY
seniority after passing an examination.
The bill proposes change in the
method Of giving state aid for the
erection Of armories, the amount a
company may receive from the state
for this purpose being increased from
$4,000 to $4,000, although IL is not
proposed to increase the annual ap-
preparation of $4,000 for this purpose.
Company allowance for armory rental
and expenses is increased from $500 to
$500 per annum, provision being made
for increasing this allowance to 5000
for companies of infantry and $1,000
for troops Of cavalry and batteries in
certain cases.
The changes proposed by the bill are
such marked departure from the
plan followed by Michigan for many
years that the measure will be very
carefully considered by the legislator
Bill Affecting Seloon-keepers.
II a bill introduced by Senator Mac |
Kay Of Detroit becomes law the sa-
loonkeepers Of Michigan will be pro.
hibited from offering their patrons |
anything in the shape Of free lunch |
or a paid-for one, either. for that mat
ter. other than plain crackers and
pretZ es