The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1917-04-12
Re IL enacted. etc.

u.
chapter fifty-two. of the rer.a
statutes is hereby amended bv .ss'
| ing thereto the following words. Aau'
and in the underlying mor,s.
bonds other than first mor,saN
bonds and the consolidated mor,sas
| bonds and refunding mortgage 80
of any completed railroads organi.o,
under the laws OF any state ~ ~
| United States and located within ~
United States. and in the first nn NV
| gage bonds Of any completed rod
roads of any other state ~ ~.
United States; provided, howors'
| that such underlying, consolila,@;
and refunding mortgage bonds sni
such first mortgage bonds of rail-
roads other than those of SAL NAM,
states shall be secured by liens unoa
completed railroad of standa,a
! gauge and of not less than one I'M,
dred miles in length exclusive Of SD
ings and shall be of any of the Saw
eral classes established by paragrsn,
"c",' so that said paragraph shsi
read as follows;
b: In the first mortgage bonds r,
any completed railroads of the s,a.s,
| of New Hampshire, Vermont, Mas,
sachusetts, Rhode Island, Gonnern.
cut, New York, New Jersey. Pennsyl.
vania. Maryland, Ohio, Indiana
Kentucky, Michigan. Wisconsin
Minnesota, Iowa, Illinois, Missouri
! Kansas and Nebraska. and IN The nm
| deriving mortgage bonds other tho,
first mortgage bonds and thu cons0l.
| idated mortgage bonds and rcfuDdi,,
mortgage bonds of any complerri
railroads organized under the law,
of any state of the United States ani
! located within the United States. ana
in the first mortgage bonds OF anv
completed railroads of any otba,
state of the United States provided
] however. that such underlying con.
| soldated and refunding mortgage
| bonds and such first mortgage bond,
OF railroads other than those NJ sad
named states shall be secured M
| liens upon completed railroad q,
standard gauge and of not less than
one hundred miles in length cyelusys
of sidings and shall be of any u tho
several classes established by para.
graph e.
Section 2. Paragraph &c" Of sub.
section third is hereby stricken on,
and in place thereof insert the fol.
| lowing:
C: First mortgage bonds, aud I'm.
| DERIVING mortgage bonds other than
first mortgage bonds, provided. that
| tho net earnings for each u The
| three fiscal years next preceding The
time OF making the investment shall
have been not less than one and
three fourths times. and the gross
! operating revenues shall have been
not less than five times all fixed
charges for interest and rentals; AMI
|
or mortgages securing any issIe or
issues OF such underlying bonds is or
are prior to and to be refunded by a
| mortgage which covers a mileage at |
| least twenty per centum greater
than is covered by any prior mort.
gage which it is destined TO refund
and that such refunding mortgage IS
first mortgage upon that part o.
the mileage covered by it which is in
excess of, and distinct from, the
mileage covered by all prior mort.
cages.
Consolidated mortgage bonds and
rcfunding mortgage bonds. provided,
that the net earnings for each Of the
! three fiscal years next preceding the
time of making the investnen- Shall
| have been not less than ono ami
three fourths times, and the gross
operating revenues shall hay besa
not less than five times, all fixed
charges for interest aud rentals, and
| provided, further, that the mortgage
! by which an issue Of any SucA bonds
is secured covers a mileage at least
twenty five per centum greater 'aN
is covered by any prior mort sa1
which is destined to refund ANA "a
! first mortgage upon that part of&
mileage covered by 1t which Is N u
/ cess OF and distinct from the mlaan
covered by all prior mortgatrs
Section 3. Amend paragrarH
Of said chapter and section h& 7,rH
ing out the word street in tl" ac5.
line of said paragraph, and Hs.n'
ing in place thereof the word t.'
tric,' so that said paragrtUJ as
amended shall read as follows
e: Electric railroad coW,ani
are not railroad companies "i.H
| tho meaning of the foregoing iu1s1
Of this section.
Approved April :, 1al7]
CHAPTER 306.
| AN ACT to Amend Section S'N
OF Chapter Seven Of the ReNsI
Statutes. relating to Manner u
Voting.
BE it enacted, etc:
Section /. Section sixteen Of ctG'
! ter seven OF the revised statutes
hereby amended, 50 that said @.-.'l
as amended shall read as follows
Section 16. On receipt of BIS Val,
| lot the voter shall forthwith. ana
| without leaving the enclosed sWe
retire alone to one OF the r''1;
shelves or compartments so pr'N'7'
and shall prepare his ballot y
marking in the appropriate place
cross OK as follows: He may lal7
| such mark within the square a'os
the name of the party group or 'lc',,
! ct. in which case he shall be drcHel
| to have voted for all the persons
named in the group under such parry
| or designation. And II the Noiel
| shall desire to vote for any person
or persons, whose name or names We
| not printed as candidates in suea
party group or ticket. he may er'A
any name or names which are PRINT
| ed therein and place a cross (A) ID
the square at the right Of the Eaaa
! OF the candidate of his choice IN any
other party group or ticket. or o
an optional method Of Votins NV
voter may omit the cross (X) 100 M
! party square and place a cross lM
! in the blank square at the rH.' %
the name of each candida Ne
wishes to vote for II the fI."
wishes 10 vote for n candidate Whose
name is not on the ballot D.. Aa
write the name under the m e
the candidate eras |. Or IL ill., '"'
! or does not desire To vote for il
/ son or persons whose name or .l7
are printed upon the party 81 p %
/ ticket. lac may erase such Ii. ',
names with the effect that iI n-'
! lot shall not be counted for i.
/ didate or candidates whose
/ are 80 erased Stickors stall
counted unless used to fill d
or correct an error IN the
ballot. In case OF a question
ted to the vote Of the people ]" 7a-.
place such mark in the app p-t'