New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1915-03-18
BANKS LOSE EFFORT
TO GAIN TRUSTE[SHIP
Privilege VIII Not Be Granted
By | QiSIaWc--D Days Business.

Hartford, March 1S-~he efforts
of the national banks in the state to
secure the privileges of trusteeship ex-
ercised by trust companies, has been
lost at this time, as an unfavorable re-
port on a bill designed to grant that
authority, was made to the senate to-
day by Senator Hewitt. He said, in
explanation Of this action that the
committee felt there need be no
haste. Connecticut was not yet ready
to act as pioneer on this matter. The
report was accepted.
A favorable report was made on the
bill requiring savings banks to keep
at all times II per cent. of their de-
posts on hand and on limiting saw
ings banks to the acceptance of not
more than $4,000 by any one person
in a three year period.
resolution came in for Frank
E. Robinson as deputy judge at Girls
void.
Unfavorable Reports.
Unfavorable reports were made on
bills to provide home aid for depen-
dent children (not the mothers pen
sion billy; to allow soldiers and sail
ors to vend without a license, and to
abate the nuisance of houses Of bad
: repute by means of an Injunction.
The humane institutions commit
tee reported favorably a bill for a
commission to construct a reforma-
tory for women, and the bill was sent
Is the appropriations committee to-
approve of an appropriation by which
the work may be started.
The same committee recommended
$4,000 for a new building for the
Connecticut r n tifl1to the blind
State Board of Finance.
ss Among other reports was one to
create a state board Of finance which
Will make up a state budget prior to
the converting of the general as
sembly. The bill is an administration
one as the budget system was recon-
mended by Governor Ho1comb in his
{ inaugural. The bill would create
+ board of three collectors to serve with
the. state treasurer, the comptroller
and the tax commissioner. Each
eiector shall receive $500 year
salary and travelling expenses.
Among other favorable reports
were these on bills validating a reso-
luton concerning mortgage in the
first taxing district Of Norwalk; in
creasing the salary Of the inspector Of
buildings in Bridgeport; making
>CfdHBoS IN MoTlQonS CndrJer regard
! ing the firemen's pension fund; in
treasing the capital of the Bridgeport
Gas Light company from $2,00O,O0O
to $4,000,000; another defining the
duties Of Bridgeport's treasurer.
a Among the favorable reports made
to the house were those extending the
4 time for organizing the Seymour Gas
: company.
~ The senate when 1t adjourned did
4 SO until 1870 tomorrow, giving up
The plan to begin work Is minutes
earlier than the house. The calen-
Sdar matters disposed of by the SEN
ate were that amending the charter
OF the Norwalk court.
The debate in the house was over
the bill requiring that pillows and
mattresses made Of second hand ma
terial shall be labelled Mr. F'oord
of Stamford offered an amendment
taking out the words Merchants and
dealers The amendment was lost
and the bill passed in concurrence
with the senate.
/. Es The bill to repeal the summer hotel
hquor license law was killed in con-
scufrence.
From the calendar were passed
measures repeating the bounty on
foxes, and repeating acts which ex-
empted from taxation bonds of Win
sted, New Haven, New Britain and
Windsor Locks