The Barre daily times. (Barre, Vt.) 1897-1959, 1915-03-27
SENATE, FRIDAY AFTERNOON.

Read Third Time and Passed.
S. 1856, relating to illegitimate, chill
dren.
Passed in Concurrence.
IT, 457, to pay Free Press.
H. ass, for warning signs at railroad
crossings.
Third Reading Ordered.
S. 1877, providing for representation Of
Vermont at National Association Of In
surance Commissioners.
S. 1873, relating to security by trust
companies for trust funds.
Passed in Concurrence with Proposals Of
Amendment
RI. 81. relating to trust companies.
Senator Powell moved to amend so That
stocks or securities in hands OF trlts-
tees shall be subject TO local taxation
only; the same as in the hands OF an
Individual trustee. He gave a history
Of that legislation, stating that when
the Senate of 1910 was In session, the
bars were let down, resulting in prom.
inent bank director OF a Burlington bank
avoiding taxation upon an equal amount
of stock to that which Senator Powells
fathers estate, and upon which taxes
had to be paid.
Senator Cady opposed the amendment
because If Senator Powell's amendment
prevailed the trust company would be
placed at disadvantage. He claimed
trust companies are more skilled in han
ding trust funds than individuals.
Senator Simonds stated any law which
gives either individual or trust company
advantage over the other is pernicious
legislation. He preferred individual trlIs-
tee TO trust companies and classed trust
companies OF Vermont as gold mines.
Senator Powell asked Senator Cady If
he thought it fair for banks to be priv
LEGGED over individuals in handling trust
funds. Senator Cady believed in every
instance to foster the good safe iudg-
ment Of trust companies. Amendment
Of Senator Powell was agreed 70 by
vote OF 10 TO 4. He further moved 20
amend so that "or securities" be strick-
en- out Of See. / of bill. Agreed TO.
Senator Cady opposed the bill elaini.
ing that passage of the bill as amended
would eliminate every trust department
frfom trust companies. Vote OF yes IL
no 7. Bill passed in concurrence.
Read Third Time and Passed.
S. 1876, relating to lights on vehicles
at night. Senator Seaver moved to strike
out Sec. ?, relating 10 seleetmen eN-
empting certain persons. Senator Conant
opposed Senator Sewers proposal OF
amendment. Senator Divol stated Sec
2 was drafted from the New York law
and Vermont is about last 10 enact a
law Of this kind. He supported Senator
Conant Motion of Senator Seayer dis
agreed 10.
Adopted.
Joint resolution relating to parliamen.
tary practice.
Joint resolution 70 pay j. w. Titeomb
sum named
Third Reading Ordered.
IT. n, relating TO board Of agriculture
and forestry.
II. 453, relating to non support o. wife
or child.
Third Reading Refused
n. 4l6. relating 70 codifcation and
amending laws on probation tadverse r.
portl.
Third Reading Ordered as Amended.
S. 65. relating TO indexing Of Senate
and House journals. Senator Conant OPP
posed the amendment and bill. Senator
Brown supported Senator Conaut. Sen,
ator Powell supported the amendment
Senator Simonds opposed the bill end
amendment. Senator Locklin favored
amendment. Amendment agreed 70
Third reading ordered 10 10 .
Bill introduced,
&. 100 rs Senator Holcomb co ma
nicipal corporations. 20 authorize cit =
81 Burlington 70 issue bonds for the plIr
pose ~ building a convention hall met
10 exceed $4,000
Report Of Committee on Conferences
Adopted.
". $40. relating TO uniform Law upon
grading apples. striking ont Hnrcood
amendment and BY amending % thai q
person need not grade unless De wants
h. but shall - mark the packages =
apples.