The Montgomery advertiser., 1909-03-13
Banking Law May Be Faulty. EFFECIS ALL BANKS AND
 ALL NEGOTIABLE PAPER Act Has Not Been Attacked, But Bankers Are Feaffd. 4 u is Now Relieved That Governor Ce- ner VIII Make His Cau fer
 ssse'.i se..'o. wif.ia tAe
 Next Few Days.

How soon will Governor Conner issue . call for a special session of the Leg islature? This Is the question which is receiving most attention among the many other State features discussed by prominent persons over the State.
 It was thought that the coming pro- hibition' decision. which many believe will be in favor of anti-prohibition- 1sts. the greater Birmingham bill al- ready declared unconstitntional. and the fact that the State faces . large deficit, were suficient reasons for an immediate call of Inc legisiators.
 Within the past few days. however. another law has been the subject of the fire of adverse criticism. It is the negotiable instrument law.
 This law. one of the most important passed by the recent session of the Legislature. is extremely liable to suf- fer the same fate as has the greater Birmingham and pistol toting bills be declared unconstituttonai. The req sons assigned for the statement is that the Journal of the Senate does not show that the bill was referred to a standing sommittee and reported back to that body, a violation of Section 62, of the Constitution of the State.
 In the act to adopt code of laws for the State, Section of that act states that No act passed on or after the ninth day of July, 1907, shall be repealed or affected in any manner. by the adoption of thls code" The nego- tiable instrument law, therefore. may be attacked, as It's date of approval Is August 2, and if current gossip In the State Capitol is correct, will be thrown out on constitutional grounds. X.
 The law affects every hank and every negotiable paper in the State. The in- troduction of the bill upon the floor of the House caused a light which twice caused an adverse report on the bill by the Senate. as shown by the regis ter. The old law was deemed extreme ly inadequate, and the new law, finally passed and approved on August 9, ills of the former statute.
 Act Not Attacked.
 The act has not been attacked as far as can be learned. but gossip has 1t that bankers all over the State are fin fear and trepidation lest some party opeu fight. That It will most prob ably be declared unconstitutional by ticaily admitted by lawyers, should the attack ever be instituted.
 This new fault in one of the most important laws of the State, gives ad ditional color to the persistent rumor that an extra session of the Legisia- ture will be called during the latter part Of April. two months earlier than the session was first expected.
 It Is the belief In the State building, that the Supreme Court will declare the prohibition law nnconstltational imme ediateiy after its>meeting on April :. One of the points being raised up- on 1t by the anti-prohibitionists, Is the fact that the journal of the Senate does not show a report by q standing committee of that body.
 But other than the strong belief tn at the prohibition law will be declared unconstitutional. 1t is known that the prohibitionists desire some extra leg islatien. They want law aboiishing the locker club system, under which the present anti-prohibitionists may secure their liquor. They wish a State constahulary system to enforce the law, both in the rural districts and also in tho city. They wish e law whereby the State may secure a change of