The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1925-02-04
New Senate Bills

S. B. 159-Bakken (NL) Williams.
Mckenzie; would require bank OF
trust company to furnish an indem
nifty bond equal to the highest ag-
gregate amount Of private deposits
carried the sureties on such bond
to be either a Surety company or
six freeh olders Of the county" where
the banking institution is located.
Bond must run to the state of North
Dakota. Penalty for accepting de-
posits without such bond furnished
not more than 81 900 or not more
than five years. Blanks and Bank
ingD
S. B. 160-Ward, (NL) Emmons-
k.dder; provides for renewal of cor
perate existence so as to make spe-
cial fee of $25 required in addition
to regular fees provided for cor
pCrations which renew charter prior
to expiration of same. Corporations
other than municipal.)
S. B. 16l-Martin, (NL) Morton;
re- olution, cites that chapter 2O4 s.
L. 1911 provides that 20 percent Of
the net profits of state penitentiary
Irvine plant be set aside for purpose
of creating a state prison revolving
fund-and resolves that the "chai.-
man of the board Of administration
be requested to furnish such infor-
nation as the board may have or
books and records of the prison may
show. relative to such fund" Estate
Affairs.l
S. b. Bakken, (NL) Williams;
would authorize the board of adj
to convey by quitcaim
deed, title to some 200 acres of state
land in Sec. -, l54, 1O1, Williams
county to Williams county. Proper
" now used as county poor fara,.
Estate Affairs.)
S. B. l63-Fleckten, (NL) Ward;
increases jurisdiction Of county con-
ciliators from disputes involving
5000 to those involving $500. Also
increases fees 100 percent. Author
claims present fees 50 low, object
Of law is defeated. Judiciary
S. B. 164-lngerson (NL) Burke;
provides that if note made to
bank or other person is sold and as
signed, the assignee must notify the
original maker of the note. "Unless
such notice is given any payments
made thereon by the maker to the
original payee of the money borrow
ed, shall be decreed a payment oil
the note. Banks and Bankings.)
S. B. 165-Rusch, Richie, Stevens:
appropriates 81 900 to assist few re-
members of the G.. A. K.
eft alive in the state to finance their
attendance at the annual encamp-
ment, and keep the civil war veter-
ans organization eXtant. (Military
,ffairs.,
S. B. l66-Obert Olson, Burleigh;
creates an act whereby the state
commission may issue
certificates Of indebtedness i'm
not to exceed 100000 for
he purpose of borrowing money
rom the Bank of North Dakota.
orkmen's compensation commission
und or otherwise in anticipation of
axes levied bu. not collected. Author
says aimed to help schools to OPP
rate.
Passed by Senate
S. B. Disappointing SAT 800 for
maintenance of public health depart
nent.
:. b. 96-Raising amount insrr-
'Ece companies must maintain on
contingency reserve to 10 percent in
tead of percent.
S. B. 99-Clarifies statute setting
orth that an insurance policy shall ,
'e the entire policy, but making
eservat:on for special accidental /
Ieath allowances.
5. B. 1O3-Provides that majority
t those present" may constitute a
uorum in conduct Of business Of CO.
perative associations.
New House Bills
II. B. l41--Jacobson, (NL) Bur.
clgh; reintroduction of bill previ-