Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1917-01-17
In the Senate,

| In the Senate.
The following bills We're introduced
in the Senate:
Senator Gillin of Penobscot-An Act
to punish the giving Of checks or
ldrafts on any bank or other depository
wherein the person so giving such
check or draft shall not have sufficient
funds or credit for the payment of the
same.
Section of the act provides that
any person who with intent to defraud
shall make or draw or utter or deliver
any check, draft or order for the pay
ment of money upon any bank deposit
tory, knowing at the time of such
making. drawing, uttering, or deliver
ing that the maker or drawer has
not sufficient funds in or credit
with such bank or other depository
for the payment of such check,
draft or order in full upon its
presentation, shall be guilty of a
misdemeanor and punishable by i'm
prisonment for not more than one year
or by a fine of not more than $1,000 or
by both fine and Imprisonment
Section 2 provides that as against
the maker or drawer thereof the max
a check. draft or order payment of
which is refused by the drawee, shall
be prima facie evidence of intent to
defraud and of knowledge of insult
fcient funds or credit with such bank
or other depository, provided such
maker or drawer shall not have paid
the drawer thereof the amount due
! thereon, together with all costs and
CT rr,ifh low oft
ceiving notice that such check, draft
or order has not been paid by the
drawee.
! Section provides that the word
credit as used herein shall be con-
strued to mean an arrangement or
understanding with the bank or de-
pository for the payment of such
check, draft or order.
Senator Butler of Knox-An Act for
the enforcement of liens on jewelry,
clocks and watches repaired by jew
elers, providing that jewelers. shall
have a lien for labor and materials
furnished by them in the repair of any
jewelry, watches and clocks repaired
by them. while in their possession.
After such goods have remained in
their possession for one year without
payment for such repairs and ma
terials furnished, they may be sold at
public auction or at bona fide private
sale to pay the sum due thereon.
! Senator Baxter of Sagadahoc-An
Act establishing industrial banks. de-
filming them and providing for their in
corporation, powers. supervision and
control
| The act provides that industrial
banks may be organized in the same
manner as is provided for the organi-
cation of trust companies. The capi-
tai stock of an industrial bank shall
not be less than $4,000 in any town or
city having q population of less than
$4,000 inhabitants, and shall not be
less than $4,000 in any town or city
having $4,000 or more inhabitants and
less than 10000 inhabitants. and
shall not be less than 100000 in anv
town or city having 10000 inhabi-
| tants or more, according to the last
official census
| The act provides that every indus
trial bank shall have the power to lend
money and discount notes. to sell or
negotiate bonds, notes or certificates or
investment and to maintain branch of
fees or agencies.
! No industrial bank shall hold at any
one time the obligations of anv one
person, firm or corporation for more
| than two and one-half per Centum of
the amount of capital and surplus of
such industrial bank. make any loan
for q longer period than one wear. or
deposit any of its funds with any other
moneyed corporation unless such cor
poration has been designated as such
depository by vote of the majority of
the directors or of the executive com
rnittee exclusive of any director who is
an officer director or trustee of the de-
positOry SO designated
Senator Holt of Cumberland-An
Act to amend the Revised Statutes.
requiring that an applicant for ad
mission to the bar of this State must
thave received preliminary education
equivalent to that required for gradu-
alton from the Glass A secondary
schools of this State as recognized by
the State Superintendent of Schools.
Senator Hastings of Androscoggin-E
Resolve in favor of the co-operative
survey of the boundary line between
the State of Maine and the state of
New Hampshire.
The resolve provides that the Cover.
ernor Of the State be authorized ia an
point a surveyor on the part OF the
State OF Maine who shall have mower
under his direction and in coniunction
with surveyor to be appointed on the
part Of the state of New Hamnshire ~
ascertain. survey and mark the div;d-
ing line between the State of Naive
and the state of New HAMPSHIRE On |
the completion of this survey the
boundary line so marked shan he ace