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


tional part of the estimated cost of con-
struction which may be due and pay
able under the provisions or TINS act,
then the State treasurer may out OF any
funds in the State treasury due SAID
county town pay such proportional
part and deduct the amount so paid
from any such sum in the State treas
ury due said county or town.
The county commissioners OF any
county where a bridge is to be built or
rebuilt in any unorganized township are
authorized and required to assess upon
said township such sums as may ne re
quired to build rebuild said bridge
according to the last State valuation,
the whole expense thereof shall be al,
ded to their next assessment on SAID
township for repairs authorized by sec
ton sixty of chapter ten of the Revised
Statutes which assessment shall create
lien upon said township for the whole
amount thereof effectually as is now
provided in relation to repairs on Such
county road. That portion of said as
sessment which is for building or re
pairing said bridge aforesaid. shall be
set down in the assessment in distinct
items in a separate column ana snail
be enforced is provided in section
eSixty-one of chapter ten of the Revised
Statutes
All counties and all towns are hereby
authorized and required to raise by tax
alton or otherwise such reasonable sums
as may be necessary to carry out the
provisions of this act. -tApproVed
April Z. 1910
CHAPTER sos.
An Act to permit savings banks to invest
in certain railroad bonds;
Section ]. Paragraph b, subsection
third, section twenty-seven. OF chapter
ffty-two of the Revised Statutes Is mere
by amended by adding thereto the foilo"-
ing words;
and in the underlying mortgage bonds
other than first mortgage bonds and the
consolidated mortgage bonds and re1unu-
ing mortgage bonds of any completed ran
roads organized under the laws OF any
State of the United States and locatei
within the United States. and in the nrSt
mortgage bonds of any completed ran,
roads of any other state OF the Chi.ei
States; provided. however. that such un-
deriving, consolidated and refundlng
mortgage bonds and such first mortgage
bonds of railroads other than those OF
said named states shall be secured ny
Hens upon a completed railroad or stand
ard gauge and of not less than one nun
bred miles in length exclusive or sidlneS
and shall lie of any of the several classes
established by paragraph C, SO thal
said para graph shall read as foi,o"s'
h: In the first mortgage bonds OF any
completed railroads of the states of New
Hampshire, Vermont, MassachuSetts'
Rhode Island, Connecticut New YORK
New Jersey. Pennsyivanla,: MA; MaislH VS.
for7sin Minnesota, Iowa. Illinois, MIS-
<ouri. Kansas and Nebraska. ana IN the
underlying mortgage bonds otheI thdi,
first mortgage bonds and the consolidated
mortgage bonds and refunding mortgage
bonds of any completed railroads ORGAN
lied under the laws of any state Oh we
United States and located WITHIN 1ne
J-nited states and in the first mortgage
bonds of any completed railroads of any
other state of the United Stales' pio-
vided however, that such underlSliis'
consolidated and refunding mortgage
bonds and such first mortgage ponds VI
railroads other than those of said named
states shall be secured by liens upon
completed railroad of standara Eaute
and of not less than one hundred mics III
lenpt, exclusive of sidingS and shan De
of any of the several classes estabnshei
by paragraph C. .oo+;o,
third is hereby stricken out and IN pace
thereof insert the following:
e: First mortgage bonds, and underiy-
ing mortgage bonds other than mrs.
mortgage bonds. provided, that me ne
earnings for each of the three HScai seeI'
newt preceding the time of making the IN
yest,nent shall have been not less than one
and three-fourths times, ana me sros,
onerating revenues shall have been not
less than five times all nxed cnarSes ~
is,terest and rentals; and PROVIDED lul
Their that the mortgage or mortgages Sc
curing any issue or issues OF such uiluTi
living bonds is or are prior 70 ana ~ DC
refunded by mortgage when coeei 4', q
mileage at least Twenty-Five per centun
graater than is covered by any PRIOR
mortgage which it is destined TO reiuha
and that such refunding mortgage IS d
first mortgage upon that part =, o,.e
mileage covered by it which is IN excess
of and distinct from, the mileage coNereI
bY all prior mortgages.
Consolidated mortgage bonds and re-
funding mortgage bonds; PROVIDED NC
the net earnings for each OF the three
fiscal wears next preceding the time o.
making the investment shall nave peeli
not less than one and three-tourths lihe,;
and the gross operating revenues .i '" al
have been not less than fVe times az
hyed charges for interest and rehtaiS'
and provided further that the iilorlS "a
III which an issue of any such bohus IS
secured covers a mileage at least twenty
five per centum greater than is cover,
nv any prior mortgage which is destlhe
to refund and is first mortgage upon
tina. part of the mileage covered nE IL
which is in excess of and distinct from
the mileage covered by all prior mort
CAGES. a., -. cot,
chapter and section by striking out tne
Uord street in the first line OF sai1
raragrap nh, and inserting in place thereol
the word 'electric,' so that said para
eraph as amended shall read as follows:
<: Electric railroad COMPANIES afe ne
the foregoing clauses or TINS seclioi' -
(Anproved April /, 1910
CHAPTER BOG.
An Act to amend Section sixteen of
Chapter seven of the Revised Stat
utes. relating to manner of voting
seven Sen'' of the Revised statutes is hereby
amended. so that said section as
amended amended shall read as follows;
the voter shall forthwith, and without
leaving the enclosed space. retire alone
to one Of the voting shelves or com
pare his ballot by marking in the ap-
nropriate place o cross (X) as follows: