Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1915-04-07
SWARTz INTRODUCES
LOAN ASSN. BILL
Authorizes Supervision Similar to
That Exercised by State
Over Banks

Establishment of bureau to super
wise the 1,750 building and loan asso-
Citations of the State is proposed in a
Mr.. Swartz, Dauphin. 1t would also
nave authority over all foreign asso-
Citations doing business in Pennsylva-
mia. The superintendent of the bureau
is to be appointed by the Secretary of
Internal Affairs. of whose department
the bureau is to be a branch. The
superintendent is to be paid $4,000
and to have deputy and clerks.
The act also provides that the super
intendent shall make the examinations
of building and loan associations now
carried on by the State Department of
Banking and the powers of supervision
and of regulation now exercised by the
Banking Commissioner are to be trans
ferred to the new bureau. In order to
defray expenses of examination and
supervision each association shall pay
on May yearly 20 cents for each
thousand dollars of assets. Reports
are required before February l an
nually.
Mr.. Swartz said he had drafted the
bill as a move to concentrate the
supervision in one bureau
Last Day for Bills
To-day is the last day to introduce
bills to the House and those presented
to-day included:
Mr.. Brosius, Jefferson-Appropri-
ating 100000 for purchase of the
Cook property of 1000 acres in Forest,
Clarion and Jefferson counties.
Mr. McCurdy, Blair-Providing a fine
of $1,000 for electric corporations
overcharging customers or discrimi-
mating in rates. For repetitions of the
oftenSe the officers of the companies
are made liable to six months in
prison.
Mr.. Walter, Franklin - Regulating
registration of law students.
Mr.. Huber, Observation-Disclosures mu-
inequalities repaving highways to as
sess one-third of cost on abutting
property owners.
Mr.. Dunn, adelphia-Eequiring
all tickets of admission to amusement
places to have price printed thereon
and providing that they shall be sold
only at ticket offices at such places
Mr.. Vickerman, Allegheny-Reuuir-
ing county treasurers to receive and
collect all taxes payable to the county;
making county taxes payable on May
l. and providing for discounts.
Mr.. Maurer, rks-Establishing a
state income tax on all incomes above
$1,000 annually. The tax on $4,000
incomes would be / per cent and the
amount is then graded up to $4,000
Incomes which are taxed so per cent.
All incomes over $4,000 are to be
cut so that only $4,000 net income
is left.
Mr.. Kuhn, Greene-Amendingh health
act OF 1895 so that certificates of vac
cination shall be required of pupils
only when smallpox is officially de-
clared to exist in the district.
Mr.. West, ACKNOWLEDGEMENTS re-
quirements in knowledge of English
for candidates for mine inspectors.
Mr.. Walton, Lawrence - Providing
that cider vinegar produced with over
per cent. of acidity may be diluted
with water.
Mr. Lindsay. Warren-Appropria
$50,0O0 to commission to build state
industrial home for women.
Mr.. Berntheizel, Lancaster-A pro
posed amendment to the Constitution
TO extend to counties and municipali-
tles the same right in computing pub
lie debt enjoyed by PHILADELPHIA.
Third Glass City Bill
Mr.. Alexander. Erie = Authorizing
third class cities to make appro-
priations to city planning commissions
ana charging powers of commission
to veto plans.
Mr.. Aron, delphia-Regulatin
lnstalment payments and conditional
sales.
Mr.. Jones, Susquehanna-Reor
izing the sto IF of the State Treasury.
Senator Smith, of PHILADELPHIA. in
troduced a bill in the Senate o-dav
that all building and loan
associations must pay a yearly tax of
two cents for each one thousand dol
lars of assets in force on December 81
me minimum tax to be paid by any
shall be ten dollars