Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1909-02-04

OF committee Of citizens
to go to Washington and urge the
cause of statehood. In the Council
the feature was bill by Mechem
calling for a large bond issue for
school purposes.
HOUSE..
Thursday Morning.
Speaker Miera called the House to
order shortly after 10 o'clock this
forenoon, every member answering
the roll-call.
House Petition No. II, was offered
by Bushkevitz, from citizens of Union,
San Miguel and Mora counties, asking
for the creation of Bent county. Re-
ferred to the committee on counties
and county lines.
House Petition No. 12, was pre-
sented by Mullins. 1t asks for the
passage of an Artesian Well Protec-
tive Law. Referred to the committee
on judiciary.
The committee on judiciary re-
ported House Bill No. 80, by Roberts,
with the recommendation that it pass.
Under suspension of Tile rules it was
passed, only Brown, Gallegos and Val
dez voting against it on the ground
that they were not fully informed as
to the bill. The bill reads as follows:
An act, entitled "An act relative to
the sale of a. portion of stock of
merchandise other than in the or
binary course of trade and for other
purposes and providing penalty.
Be it enacted by the legislative as
sembly of the territory OF New
Mexico:
Section 1. A sale of any portion OF
a stock of merchandise otherwise
than in the ordinary course of trade
in the regular and usual prosecution
of the sellers business, or a sale OF
an entire stock of merchandise IN
bulk, shall be prima facie evidence
that the sale was fraudulent as
against the creditors Of the seller. un-
less the seller and the purchaser TO-
getber shall, at least five % days be-
for the sale, make a full detailed IN
ventory, showing the quantity and SO
far as possible, with the exercise OF
reasonable diligence, the cost price TO
the seller of the various articles to be
included in the sale unless the lplr-
chaser shall, at least five ~ days be-
fore the sale, in good faith, make full
explicit inquiry of the seller as to the
names and places of residence, or
place of business, of each and all OF
the creditors of the seller, and the
amount owing each creditors and OBJ
tain from the seller a written answer
to such inquiries; and unless such pur-
chaser shall retain such inventory
and written answer to his inquiries
for at least six months after such
sale; and unless the purchaser shall,
at least five (5) days before the sale,
in good faith, notify or cause to be
notified personally or by registered
mail each of the sellers creditors Of
whom the purchaser has knowledge,
or can with the exercise of reasonable
diligence acquire knowledge, OF SAID
proposed sale, and of the said cost
price of the merchandise to be sold,
and Of the price proposed to be paid
therefor by the purchaser.
Sec. 2. The seller shall, at least
five (5) days before such sale, fully
and truthfully answer in writing each
and all of said inquiries, and If such
seller shall knowingly and willfully
make or deliver, or cause to be made
or delivered, to such purchaser any
false or incomplete answers to such
inouiries, said seller shall be deemed
guilty Of a misdemeanor, and upon
conviction thereof shall be punished
Nv a hne not to exceed five thousand
ls5.ooo) dollars or by Imprisonment
in the county jail not to exceed one
YEAR ar both such fine and 1mprlson-
ment in the discretion of the court.
Sec. 8. Nothing contained IN this
act shall apply to sales by executors
administrators receivers, asslgnees
far the benefit Of creditors, trustees IN
bankruptcy or any public office con
ducting a sale in his official capaclty.
The following bills were nlro'
duced:
House Bill No. SO, by Mullins, an
act to regulate the use OF arteslan
wells and to prevent waste OF water,
and to repeal Chapter II Of the Laws
Of 1905. Referred to the commlttee