Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-04-08

Qtot6 lL0 ttQuiudSion ahaCA ehAO oS1
such bond otherwise to be null and
void"
Section s. Section Is of said chap
ter il hereby striker out and the fol-
lowing section substituted in place
thereof:
Section 10. The directors may.
in order to expedite the liquidation of
the corporation and with the written
of the bank commissioner,
sell any notes or other evidences of
Indebtedness owned by it, and as
sign the security therefor, whereupon
the purchaser and his assigns shall
have fun power to collect the same
to the tenor thereof, and
the proceeds of such sales shall be
as aforesaid. If the full
of the principal due said nom
members, exclusive of
payments Of interest mentioned in
Section IL of this act, is not repaid
within thirty days after the last of
the loans mentioned in Section 4 are
due and payable, or IL it fails other
wise to comply with the provisions of
this act the bank commissioner or
the directors of the corporation may
apply to the supreme judicial court
in equity for the appointment Of a
receiver to liquidate the affairs Of the
corporation"
On motion by Mr.. Baxter. Senate
Amendment "a" was adopted and
the bill, under suspension of the
rules. was given its readings and
was passed to be engrossed.
From the House: H. 467, An Act to
amend Sections and of Chapter
262 of the Public Laws of 1917. re-
lating to the fees of city clerks.
On motion by Mr.. Garcelon of An
droscoggin, the rules were suspend
ed and without printing the bill was
given it's second reading and was
passed to be engrossed, in concur
renee.
From the House.: An Act to grant
new charter to the city Of Portland.
On motion by Mr.. harrington Of
|Kennebec, the rules were suspended
and the bill without printing was read
twice and was passed to be engrossed,
in concurrence.
From the House: An Act to grant
a new charter to the city of Portland.
The PRESIDENTS: This is a second
charter.
On motion by Mr. Sprague of Piscat-
aquis, the rules were suspended and
without printing the bill was read
twice and was passed to lie engrossed,
in concurrence.
From the House: Majority report
of the committee on Legal Affairs on
An Act to amend Chaptcf 147. Section
2 of the Revised Statutes, as amended
by Chapter 80 of the Public Laws of
1917, relating to the State Board OF
that 1t ought to pass.
(Signed)
Messrs. THOMBS.
EMERSON,
GARCELON,
on the part of the Senate.
Messrs. MASON,
HUSSEY,
WILLARD,
On the part of the House
The minority report of the same
committee on the same bill, reportins
ought not to pass.
(Signed)
Messrs. PAGAN,
WEEKS.
MURRAY,
of the House
The PRESIDENT: The minority re-
port. ought not to pass, was accented
in the House.
MIR. THOMBS of Penobscot: Mr..
President, l move that we non-concur
with the House and accept the maiori-
ty report. ought to pass.
The bill was read by the Secretary
The majority report, ought to pass.
was accepted, and on further motion
by Mr.. Thombs the rules were sus-
pended and without printing the bill
was given it's two readings and was
passed to be cngrossed, in mono concur
renee.
From the House: The majority re-
port of the committee on redistricting
the State into Legislative districts. re-
porting the Resolve "A" herewith pre-
sented and that the same ought to
pass.
(Signed)
Messrs. GARCELON.
COBB.
SPRAGUE,
SPENCER,
EATON,
HOLT.
MORRISON,
on the part Of the Senate.
Messrs. WEEKS,
CASE.
AUSTIN.
VILES.
BUELL.,
MASON.
BROWN,
PHILLIPS,
SMITH,
SNIPE,
on the part of the House.
The minority report of the same
committee. reporting a resolve amor
tioning ISL representatives among tho
several counties, cities, towns and
plantations in the State of Maine. as
Resolve "B" and that it ought to
pass.
(Signed)
Messrs. BRAGDoN and