Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1917-04-09


does not state tho actual amount OF the
loan, the time for which It is made and
the rate Of interest charged, nor any In
ST rs n which blanks are 'efs TO
Section ~. No assignment OF any
salary or wages. earned or to be earned;
given to secure loan. shall be valid
unless in writing signed in person py
married unless II shall be signed in
person by both husband and wife: nor
shall such assignment be valid unless
given to secure a debt contracted sim
ultaneously with its execution. All such
assignments shall be subject to the pro-
visions Of section nine of chapter one
hundred and fourteen Of the Revised
Statutes.
Section 10. No person. copartnership
or corporation except as authorized py
this act SHALL directly or indirectly
terest or consideration greater than
twelve per centum per annum upon tne
loan, use or forbearance of money, goods
or chooses in action, or upon the loaIi,
use or sale of credit. of the amount OF
value Of three hundred dollars or less.
The foregoing prohibition shall apply
to any person who. as security lot any
such loan. use or forbearance OF money,
goods or chooses in action, or FOR any
such loan. use or sale of credit. makes a
pretended purchase of property from
any person and permits the owner or
pledgor to retain the possession .neIeot;
charging for his services, or otherwise,
seeks to obtain a greater compensation
than is authorized by this act.
Section IA. Any person, and the sew
eral officers and employees of any cor
poration, who shall violate any OF tne
foregoing prohibitions. shall be guilty
of a misdemeanor. and upon CONVICTION
thereof shall be punishable by me OF
not more than five hundred dollars or
by Imprisonment of not more than SIX
months. or by both such fine and I'M
prisonment in the discretion or the
court.
ANY licensee and any officer or en-
ployee of a licensee who shall violate
any of the provisions OF sections elsh !
and nine of this act shall be guilty OF d
misdemeanor, and upon connEictlon
thereof Shall be punishable by fine OF
not more tnan five hundred dollars or
by Imprisonment of not more than SIX
months. or by both such me ana I'M
prisonlneit in the discretion or the
court.
Section 10 No loan for which a great
er rate Of interest or charge than is al,
lowed by this act has been contraGte
for or received. wherever made, shaiI
lie enforced in this stat. and any Ter-
son in any wise participating therein IN
this state stall he subject to the pro-
visions Of this act.
TO any person. Copartnership or cor
uoration doing business under any law
of this state or of the United states
relating 10 bdnhSp IiluNNti i"i '"'iN'
trust companies, or building and loan
associations.
section T. For the enforcement Of
the provisions of Ills act the bank
commissioner Is authorized to appoint
an examiner. the amount Of his com,
pensation to be subject to the approval
Of the governor and council. who snail
also receive his necessary travelling eN-
renees TIE salary and travelling eX-
rerscs lefnrr mentioned. shall be paid
out Of the fees received from licenses
issued under the provisions of this act
and the balance Of the fees snail be PAID
in to the treasurer of state.
Section IS The invalidity Of any
portion of this act shall not affect the
validity Of any other portions Thereon
which may be given effect without such
section ~ Section forty-two of
chapter forty Of the Revised statutes
and all other acts and parts Of acts In
consistent with the provisions Of thi!
act are hereby epealed.-(Approved April
:. 1910
CHAPTER 2ee.
An Act to amend Chapter one hundred
and twenty-one of the Public Laws OF
nineteen hundred and seventeen en-
titled, IAN Act to amend Section seven
teen of Chapter twelve of the Revised
statutes providing for notice by regis
ters of deeds to municipal officers OF
Real Estate transfers"
Section seventeen of the Revised Stat
utes as amended 10y chapter one hundred
and twenty-one of the public laws of
nineteen hundred and seventeen Is further
amended by striking out the last two
sentences of said amended section So
that as further amended 1t shall read as
follows:
Section Il Every register shall. at the
time of receiving any deed or instrument
for record. certify thereon the day and
the time of day when it was receive
and filed; every such paper shall be con-
sidered recorded at the time when it
was received and such time shall be en-
tered on the record thereof. Within one
hour after its delivery to him. the register
shall enter such time. the names of the
grantor and grantee, and their places OF
residence. the nature of the instrument,
the amount Of the considera ton named
therein and the name Of the town or in
corporated place as shown by the instrll-
inen.. IN winch the property conveyed is
located. in book kept for that purpose.
and open TO inspection in business hours.
and he shall suffer no deed or instrument
Tor the conveyance of real estate to be
altered. amended or withdrawn until II
Is fully recorded and examined The rec
ords may be attested by the volume. and
II shall be deemed to be sufficient attesta-
ton or such records. when each volume
bears the attest with the written sigma
lure or the register or other person au-
thorized by law to attest such records
-(Approved April :. 1917)
CHAPTER 800.
An Act to amend certain sections of
chapter one hundred forty-eight. of the
Revised Statutes relating to pensions
for the blind.
Section l. Section twelve of chapter one
hundred and forty Eight. Revised Stat
utes. is hereby amended to read as fol-
lows:
Section IL All persons over the age OF
twenty-one years. who are declared to b,
blind. in the manner hereinafter set forth
ana VINO come within the provisions oil
the following sections shall. at the dlscre-
ton OF the governor and council. receive
as benefit not exceeding two hundred
dollars year. for their exclusive bench;
and support. payable at the close of each
regular quarter. upon warrants drawn
on the treasurer of State
Section .. Section thirteen of said chap.
ter one hundred fortv-eght is hereby
amended to read as follows:
Section l3 No person or persons who
are charges of any charitable or penal in
stitution of this State or of any chart
table or penal institution of any county
city or town thereof no person or per.
sons who able to earn or obtain ar
income sufficient for their support, and
no person who has not resided within the
State of Maine continuously for ten con
secutve years imedately before applying
for said benefit shall be entitled to bene
fits under the provisions of the followinl
sections: provided. however. that this
section shall not be so construed as tc
exclude persons receiving pauper supple:
or persons who may wish to leave any
charitable institution in order to avail