The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1911-01-21
GUARANTEE
..ltaBAykBILL
ADVANCED
sEcTIoNDlsC ELIMINATING
AGAINST " ALTON AL
BANKS ELIMINATED
Special to The Daily Leader.

special to the Daily Leader
Oklahoma CITY, Okla Jan. 20.-T The
senate finally passed the Roddie bank
guaranty bill to a third reading Thurs
day. The section discriminating
against national banks was finally cut
out, after a fight lasting nearly the
entire day. The section provided that
guaranteed state banks should not
place more than 10 per cent Of tAeir
reserve in national banks The bill
now provides that the banking board
shall consist Of the governor and two
appointees The banks are to keep
their guaranty fund premiums as spec
ial deposits bearing per cent inter
est, subject to instant demand Of the
banking board The senate also pass
ga to third reading bill providing
that trust companies in towns OF over
$4,000 must have a capital stock oil
100000 and a half million dollars cap
ital. if they conduct banking depart
ment.
Revenue Tax in Prohibition State.
The house resolution by Leftwich.
memoralizing congress not to collect
the internal revenue tax IN prohibition
states and asking that the liquor trat-
fic be denied the use of the mails and
the protection of Interstate commerce
in such states was also passed by the
senate.
Favorable acton was also taken on
senate resolution by Thompson,cal-
ling on the various state officers to
submit detailed reports Of The expen-
ditures from their contingent funds.
Bills reported for passage by senate
committees include a bill by Williams
to regulate the practice of optomet-
ry; one by Smith in regard to the
purchase Of county poor farms, and
by Barefoot, approprlating 100000 fol
tho construction of dormitory for
the girls Industrial school at Chicka.
sha
The report made to the governor by
idney Suggs, state inspector of high.
ways, was received and referred to
the committee on roads and highways
after Senator Thompson had inquired
under what law the incumbent of THAI
position had been appointed, aud was
unable to obtain the information de
sired.
Curb on Extravagant Officials.
A criminal libihtNsis proposed for
officials Of municipalities who nicur
Indebtedness on behalf of the muncl
pality in excess of the legal limit OF
80 per cent in its valuation in a bill
introduced in the senate by Senator
J. j. Jones Of Sapulpa. 1t is provided
that when any such excessive indebt-
edness shall be incurred in any city OF
the first class it shall not be charged
against the city, but against tho com
missioners, council or mayor incuring
IT, Such action on their part is also
made a felony, punishable by from
one TO five years Imprisonment.
Two new senate bills were proposed
for the amendment of the game laws
One by Memminger makes the ante
lope limit, when the closed season on
the game expires, one buck per sea
son, and makes its possession unlaW-
ful unless evidence of the sex is
shown; extends the quail and turkey
season, making it open November l.
instead of November Is as at present
and adds new section imposing a
license of $25 on persons hunting OF
trapping for skins or furs.
The other, by orrells, cuts out the
resident license fee and restricts the
Issuance of license to county clerks
cutting out the deputy game wordens
in that respect. Other senate bills
were
BY Anderson, appropriating $500
per year for the Cornish orphans
home
BY guiding, amending the mutual
insurance law
BY Hatchett. denying appeals in
cases not inyolvxing more than 500
by Goulding, prohibiting rebates or
insurance premiums and making the
holders OF policies issted unauthor
lied companies pay 2 per cent ia.
BY Landrum, appropriating $S500t
for maintenance of the Northeastern
normal and $4,000 for a new chape
and gymnasium.
BY Brownlee, making uniform the
laws regarding sales of goods.
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