CHAP. 155 Chapter 121, public laws 1909, repealed. Chapter 155. An Act to repeal Chapter one hundred and twenty-one of the Public Laws of nineteen hundred and nine, relating to the prevention of Tuberculosis among Cattle. Be it enacted by the People of the State of Maine, as follows: Chapter one hundred and twenty-one of the public laws of nineteen hundred and nine, an act for the prevention of tuberculosis among cattle, is hereby repealed. Approved March 30, 1911. Chapter 28, Chapter 156. An Act to amend Chapter twenty-eight of the Revised Statutes as amended by Chapter one hundred and ninety-four of the Public Laws of nineteen hundred and nine in relation to doors swinging outward; fire escapes or egresses from Factories, Workshops, Tenement Houses, Halls and Tenements; Inspection, Etc. Be it enacted by the People of the State of Maine, as follows: Chapter twenty-eight of the revised statutes as amended by amended by chapter one hundred and ninety-four of the public laws of nineteen hundred and nine in relation to doors swinging outward; fire escapes or egresses from factories, workshops, tenement houses, halls and tenements; inspection, etc., is hereby amended by adding the following section: chapter 194, public laws 1909, further amended. Upon complaint, state factory inspector or deputy shall make investigation. 'Section 46. Should it come to the notice of the state factory inspector or his deputy, or should complaint be made to such state factory inspector or his deputy by any citizen of the state, of the failure of any of the above named officers to comply with any of the provisions of this act, the state factory inspector or his deputy shall at once proceed to investigate such complaint, and if sufficient evidence can be obtained, he shall at once file a complaint against such officer with the county attorney, who shall prosecute the same under the provisions of this act.' Approved March 30, 1911. TERMINATION OF CONTRACTS-EXAMINATIONS OF SAVINGS BANKS. Chapter 157. An Act relating to the termination of contracts for the sale or transfer of Real Estate. Be it enacted by the People of the State of Maine, as follows: 161 CHAP. 157 Contracts for estate, when All contracts entered into after August first nineteen hundred and eleven for the sale or transfer of real estate and all sale of real contracts whereby a person, company or corporation becomes to terminate. an agent for the sale or transfer of real estate shall become void in one year from the date such contract is entered into unless the time for the termination thereof is definitely stated. Approved March 30, 1911. Chapter 158. An Act amendatory of and additional to Chapter forty-eight of the Revised Statutes, relating to annual examinations of Savings Banks and Trust Companies and verification of Savings Deposits. Annual ex amination banks and panies. savings trust com --audit of shall be pert account made by ex ant. Be it enacted by the People of the State of Maine, as follows: Section 1. In addition to the annual visitation and examination by the bank commissioner of savings banks, under section forty-two, and of trust companies under section seventynine, of chapter forty-eight of the revised statutes, there shall be made annually a thorough audit of the assets and liabilities of said institutions, embracing such details as the bank commissioner may require. Such audit shall not include an appraisal of securities and shall, in the case of trust companies, apply only to savings deposits, and the accounts relating thereto. These audits shall be made by an expert accountant designated by the bank commissioner, in no way connected with the bank or trust company. Said accountant shall make full reports of his audits to the bank commissioner, in duplicate, one copy of which shall be kept on file in the bank commissioner's bank comoffice and the other shall be forwarded by the bank commissioner to the savings bank or trust company to which it pertains. He shall have full access to every part of the bank or trust company under examination, and to all books, papers, access to vouchers, resources and other things belonging to said bank or trust company, whether in its immediate possession or otherwise, for the purpose of facilitating such audits. The compensation of such accountant shall be fixed by the governor and council and, with his necessary expenses incurred in making such audit, shall be paid by the state from taxes paid by savings banks and trust companies not appropriated to the use of schools, and so much thereof as may be necessary is hereby -reports to missioner. -shall have banks, books, papers, etc. -compensa tion of ac countant, how CHAP. 158 appropriated for the purposes of this act. Examinations made hereunder shall be made annually, beginning with the year nineteen hundred and twelve, at such times as the bank commis-penalty for sioner may direct. If any person designated by the bank comimparting information, missioner to make an examination as herein specified, shall communicate or impart to any person or persons, except to said bank commissioner or the deputy bank commissioner, or as a witness in court, any information obtained by such examination, he shall be punished by imprisonment not exceeding one year or by fine not exceeding one thousand dollars, or both. except to bank commissioner or as witness. Verification of depositors' books. Section 2. During the year nineteen hundred and eleven and during each third year thereafter every savings bank or institution for savings and every trust and banking company, incorporated under the laws of this state, maintaining a savings department or soliciting or receiving savings deposits, shall cause the books of the savings depositors to be verified by such method and under such rules as the bank commissioner may prescribe. But any bank or institution for savings and any trust or banking company which, during the year nineteen hundred and ten or during that part of the year nineteen hundred and eleven before this act shall take effect, has verified said. books of deposit shall not be required to cause said books to be verified until the year nineteen hundred and fourteen. The treasurer of every bank or institution for savings and trust tion of books, and banking company making such verification shall submit proof of the expense thereof to the state auditor and such expense shall be paid by the state from taxes paid by savings banks and trust companies not appropriated for the use of schools, and so much thereof as may be necessary is hereby appropriated for the purposes of this act. -expense for verifica how paid. Section 39, chapter 48, amended. Section 42, chapter 48, amended. Section 3. Section thirty-nine of said chapter forty-eight is hereby amended by striking out the words, "settle the treasurer's account," so that said section as amended shall read as follows: Two of the trustees, at least, shall once in each year, thoroughly examine the affairs of the corporation and report under oath to the bank examiner the standing of the corporation, the situation of its funds, and all other matters which the examiner requires, in the manner and according to the form that he prescribes. And the examiner shall seasonably give notice of the time and furnish blanks for said examination and return.' Section 4. Section forty-two of said chapter forty-eight is hereby amended by inserting after the word "management" in the twelfth line the following: 'He may prescribe the manner and form of keeping the books and accounts of said corpora tions, which, however, need not be uniform,' so that said section as amended shall read as follows: CHAP. 159 Annual ex aminations aminer. tions. tions. 'Section 42. Such banks and institutions are under the charge of the bank examiner for the purposes of examination. by bank exHe shall visit every savings bank and institution for savings, incorporated by authority of the state, once in every year and as much oftener as he deems expedient. At such visits he visitashall have free access to the vaults, books and papers, and thoroughly inspect and examine all the affairs of each of said cor- examinaporations, and make such inquiries as are necessary to ascertain its condition and ability to fulfill all its engagements, and whether it has complied with the law, and its officers shall, whenever required to do so by the bank examiner, furnish him with statements and full information relating to the condition and standing of their institution, and of all matters pertaining to its business affairs and management. He may prescribe the manner of manner and form of keeping the books and accounts of said corporations, which, however, need not be uniform. He shall preserve in a permanent form, a full record of his proceedings, including a statement of the condition of each of said corporations, a copy of which statement shall be published by such corporation immediately after the examination of the same, in a newspaper in the place where it is established, if any, otherwise in a newspaper published in the nearest place thereto.' Approved March 30, 1911. Chapter 159. An Act to amend Chapter eighty-eight of the Public Laws of nineteen hundred seven as amended by Chapter one hundred thirty-eight of the Public Laws of nineteen hundred and nine relating to compiling and teachings of local history and local geography in the Public Schools. Be it enacted by the People of the State of Maine, as follows: Chapter eighty-eight of the public laws of nineteen hundred and seven, as amended by chapter one hundred thirty-eight of the public laws of nineteen hundred and nine is hereby amended by adding to section six the following words: 'or in making available by card catalog and otherwise historical materials in the possession of the state,' so that the said section six shall read as follows: 'Section 6. The state historian is authorized to expend, under the direction of the governor and council, any portion of the amount appropriated by this act, in the publication of historical matter and data relating to the history of Maine, or in making available by card catalogue and otherwise historical materials in the possession of the state.' Approved March 30, 1911. keeping books. proceedstatement of ings, and condition to be published. CHAP. 160 Insurance on public buildings, by Chapter 160. An Act relating to Insurance on Public Buildings and other State Property. Be it enacted by the People of the State of Maine, as follows: Section I. All fire and liability insurance upon public buildings and other property belonging to the state of Maine shall whom placed. be placed thereon by the several boards of trustees having said property in charge, subject to the approval of the governor and council, or by the governor and council, and all expense therefor shall be paid from the several appropriations for insurance on said property. Policies deposited with state treasurer. Inconsistent acts repealed. Section 2. All policies issued by virtue of the authority of section one of this act shall be deposited with the state treasurer, and a record thereof kept by the governor and council. Section 3. All acts and parts of acts inconsistent with this act are hereby repealed. Approved March 30, 1911. Section 26, chapter 15, Scholars at life saving stations. -privileges. Chapter 161. An Act to amend Section twenty-six of Chapter fifteen of the Revised Statutes, to provide for school privileges for scholars living at fog warning stations and Life Saving Stations. Be it enacted by the People of the State of Maine, as follows: Section twenty-six of chapter fifteen of the revised statutes is hereby amended by inserting after the word "station" in the second line thereof the words 'fog warning station, or life saving station,' that said section when amended, shall read as follows: 'Section 26. Persons between the ages of five and twentyone years living at any light station, fog warning station or life saving station shall be admitted to any public school in the state without paying tuition; such scholars shall be entitled to all privileges and benefits, and be subject to the same conditions,. rules and regulations as scholars residing in the town in which they attend school.' Approved March 30, 1911. |