The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1909-02-20


missioner Is 70 lay the facts before
the attorney general who Is required
TO apply 10 the courts for the appoint
ment OF a receiver. the commissioner
taking possession Of the bank In the
meantime.
Concerning Private Banks.
Attention IS given private banks In
a bill which prohibits the use by pri-
yate or unincorporated banks OF any
statement that would make II 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 20 keep COM
plete records OF the minutes and trans
actions OF all meetings. and CONNER
ciai and savings deposits must at all
times be kept separate. the two de-
partments being entirely independent
OF each other
II Is made felony 20 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 a bank. The pro-
posed bills are the most sweeping and
drastic In their provisions that have
ever been prepared, but Il is urged
that experience has demonstrated tho
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 a flagman. In addi-
ton to conductor and brakeman, be
carried on all passenger trains of i've
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 train
equipped with airbrakes when In mo-
ton. II will be seen that both meas
ures are designed TO safeguard the
lives OF the employees.
Speaking OF railroad legislation sug-
gests the fact that the milk dealers
and dairymen OF the state have. during
the week. induced the Michigan rail-
road commission TO alter Its previously
prepared schedule governing the rates
for the shipment OF milk. II was pro-
posed TO increase from 10 TO 20 cents
the rate for transporting ten gallon
can OF milk for distance OF twenty
five miles or less. This, II was urged
by the dealers, would necessitate a
marked increase in the price OF milk
shipped to the larger cities OF the
state. AS a 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 indl-
Gated, while cream will call for rate
OF 20 cents. A rate OF IL and IA
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 II COM
pletely reyolutionizes the method OF
handling the military establishment OF
the state For the present military
board Il proposes TO substitute board
composed OF the commanding officers
OF the three regiments with the adju-
tant general at the head, the quarter
master general and inspector general
being reduced In rank from brigadler
generals 10 colonels and their assist
ants from lieutenant colonies 10 ma
iors
The governors stan Is to consist OF
the adjutant general and four aides
with the rank OF major. the adjutant
general to be chief OF stan. The latter
is made the head OF the establish
ment with salary OF $1,000. the in
spector TO have a salary OF 81 900 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 10 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 II is not
proposed 10 increase the annual mp
preparation OF $4,000 for this purpose
Company allowance for armory rental
and expenses is increased from $500 "a
$500 per annum, provision being made
for increasing this allowance to $500
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 legislators
Bill Affecting saIoon-keepers.
II bill introduced by Senator Mac