CHAP. 12 Section 79, chapter 48, R. S., amended. Authority of bank examiner over trust and banking companies. -shall make annual report to governor and council. Chapter 12. An Act to amend Section seventy-nine of Chapter forty-eight of the Revised Statutes, relating to the authority of the Bank Examiner over trust and banking companies. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section seventy-nine, chapter forty-eight of the revised statutes is hereby amended by adding a provision thereto requiring the bank examiner to annually make report to the governor and council, of the general conduct and condition of each trust and banking company in the state, making such suggestions as he deems expedient or the public interest requires, and otherwise amending said section, so that it shall read as follows: 'Section 79. The bank examiner shall at all times have the same authority over all trust and banking companies incorporated under the laws of this state that he now has over savings banks or saving institutions, and shall perform, in reference to such companies, the same duties as are required of him in reference to savings banks. He shall, annually, by the first day of December, make a report to the governor and council of the general conduct and condition of each of said companies, making such suggestions as he deems expedient or the public interest requires. Such report shall be printed and laid before the legislature at its next session, and one copy sent to each trust and banking company in the state. The provisions of sections fortytwo, forty-three, forty-four, forty-five, forty-six and forty-seven of this chapter shall apply to trust and banking companies excepting so much as relates to the distribution of assets after a decree of sequestration, as provided in section forty-five. Such distribution of assets of trust and banking companies shall be made under order of the court.' Approved February 17, 1905. СНАР. 13 Chapter 13. An Act to amend Section Four of Chapter one hundred and eighteen of the Revised Statutes, relating to the punishment of persons who enter upon lands claiming authority from a Foreign Government or Magis. trate. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section 4, chapter 118, R. 8., amended. lands under from foreign governments forbidden. Section 1. Section four of chapter one hundred and eighteen of the revised statutes is hereby amended by adding to the same the words, at the discretion of the court;' so that said section. as amended, shall read as follows: 'Section 4. If a person, claiming authority from any foreign Entering on government or magistrate, enters upon any land, cuts any timber, serves any process, exercises any jurisdiction, authority or ownership, claims any right, or threatens to do any of said acts within the limits of the state, as described by the treaties of seventeen hundred and eighty-three and eighteen hundred and forty-two, between the United States and Great Britain, he and every person aiding and encouraging the same shall be punished by imprisonment and fine, at the discretion of the court.' Section 2. This act shall take effect when approved. Approved February 17, 1905. -penalty for violation. Chapter 14. An Act to repeal Section twenty-six of Chapter sixty of the Revised Be it enacted by the Senate and House of Representatives in Section I. Section twenty-six of chapter sixty of the revised Section 26, statutes is hereby repealed. Section 2. This act shall take effect when approved. Approved February 21, 1905. chapter 60, R. S., repealed. CHAP. 15 Section 80, chapter 48, R. S., amended. Cash reserve. -amount of. -proviso. Chapter 15. An Act to amend Section eighty of Chapter forty-eight of the Revised Be it enacted by the Senate and House of Representatives in Section 1. Section eighty, chapter forty-eight of the revised statutes is hereby amended by inserting after the words "national bank" in the eleventh line the words 'or trust company created under the laws of this state, or from any trust company located in any of the other New England states or New York, approved by the bank examiner in writing;' and by striking out the words "lawful money" in the twelfth line and the words "or of this state" in the thirteenth line and inserting in place thereof the words 'District of Columbia, and any of the New England states and the states of New York, Pennsylvania, Maryland, Ohio, Indiana, Kentucky, Michigan, Wisconsin, Minnesota, Iowa, Illinois, Missouri, Kansas and Nebraska,' and otherwise changing form, so that said section, as amended, shall read as follows: 'Section 80. Every trust and banking company having authority to receive money on deposit shall at all times have on hand in the lawful money or national bank notes of the United States, as a cash reserve, an amount equal to at least fifteen per cent of the aggregate amount of its deposits which are subject to withdrawal upon demand or within ten days; provided, that in lieu of such cash reserve, two-thirds of said fifteen per cent may consist of balances payable on demand, due from any national bank or trust company created under the laws of this state, or from any trust company located in any of the other New England states or New York and approved by the bank examiner in writing; and one-third of said fifteen per cent may consist of the bonds of the United States, the District of Columbia, and any of the New England states and the states of New York, Pennsylvania, Maryland, Ohio, Indiana, Kentucky, Michigan, Wisconsin, Minnesota, Iowa, Illinois, Missouri, Kansas and Nebraska, the absolute property of such corporation. Whenever said reserve shall be below said percentage of such deposits, such corporation shall not further diminish the amount of its legal reserve by making any new loans until the required proportion between the aggregate amount of such deposits and its cash reserve shall be restored. All provisions of charters in conflict with this section are void.' Approved February 21, 1905. CHAP. 16 Chapter 16. An Act to amend Chapter forty-one of the Revised Statutes relating to Be it enacted by the Senate and House of Representatives in Section 1, chapter 41, R. S., amended. Appointment sioner. -tenure. -duties of commis sioner. Section 1. Section one of chapter forty-one of the revised statutes is hereby amended by adding to the end of said section the words: 'excepting the sardine fishery, concerning which no statement or estimate of the number of cases packed shall be made,' so that said section as amended, shall read as follows: 'Section I. The governor, with the advice and consent of the council, shall appoint a commissioner who shall have general of commis. supervision of the sea and shore fisheries and shell fish regulated by this chapter, who shall hold his office for three years and until his successor is appointed and qualified. He shall exercise supervision over all the fisheries and their products taken from tide waters within the state, including the proper enforcement of all laws relating to the catching, packing, curing, manufacturing, branding and transportation of all kinds of pickled, salt, smoked, fresh, canned, frozen shell or other fish. He shall make a detailed biennial report in the month of December, showing the amount of capital invested in, number of men employed in, value of products of, and any other information that he may be able to obtain relating to the sea and shore fisheries, excepting the sardine fishery, concerning which no statement or estimate of the number of cases packed shall be made.' Section 2. Sections twenty-seven, twenty-eight, twenty-nine, thirty, thirty-one, thirty-two and thirty-three of said chapter forty-one are hereby repealed, and in lieu of said sections shall be inserted the following: 'Section 27. The commissioner of sea and shore fisheries shall require a strict observance of the following rules. Whoever takes, preserves, sells or offers for sale between the first day of December and the fifteenth day of the following April, any herring for canning purposes less than eight inches long, measured from one extreme to the other, or packs or cans sardines of any description, between the first day of December and the fifteenth day of the following April, forfeits twenty dollars for every hundred cans so packed or canned, and for every hundred herring so taken. All cans shall be decorated, stamped or labeled with quality, packer's name and place of business, or merchant's name for whom the same are packed, except sardines packed in plain cans and shipped for buyers' labels or cartons. Whoever sells or offers for sale any sardines in cans not so deco Section 27 to repealed. 33, chapter 41, Rules governing sale or packing of herring. CHAP. 17 Commis. sioner of sea and shore fisheries shall enforce penalties. rated or labeled, shall forfeit one dollar for every can so sold or offered for sale, to be recovered by complaint, indictment or action of debt. No person shall use in the herring fishery, in any of the waters of this state, torches or any artificial light, of any kind, for the purpose of catching herring, under a penalty of ten dollars for each offense.' 'Section 28. The commissioner of sea and shore fisheries shall insist upon the strict observance of the provisions of the preceding section and enforce the penalties for violation thereof.' Section 3. This act shall take effect when approved. Approved February 22, 1905. Board of veterinary examiners established. -appointment and tenure. -vacancies, how filied. -members may be removed for cause. Organization and officers. -may adopt rules. -shall adopt seal. Chapter 17. An Act to regulate the practice of Veterinary Surgery, Medicine and Dentistry. Be it enacted by the Senate and House of Representatives in Legislature assembled, as follows: Section 1. A board is hereby established to be known as the state board of veterinary examiners; said board shall be composed of three veterinary surgeons, residents in the state, who are graduates from some legally chartered veterinary college or university having the power to confer degrees in veterinary surgery, and who shall have been actively employed in the practice of their profession for a period of at least five years. On or before May first, nineteen hundred five, the governor shall appoint the members of said board to serve as follows: one for one year, one for two years, and one for three years, and thereafter he shall annually appoint one member of said board for the term of three years. Any vacancy in said board shall be filled by appointment by the governor, within thirty days after such vacancy shall arise, of a person, qualified as aforesaid, to hold office during the unexpired term of the member whose place he fills. Any member of said board may be removed from office, for cause, by the governor, with the advice and consent of the council. Section 2. Said board shall organize annually in the month. of May by the election of one of its members as president, one as secretary, and another as treasurer, and may adopt such rules, not in conflict with the laws of the state, as they may deem proper to carry into effect the provisions of this act. They shall also adopt a seal which shall be affixed to all certificates issued by them in accordance with the provisions of this act, which |