MUTUAL LIFE INSURANCE COMPANIES.
On motion by Mr. SAYRE, the bill [H. R. 293] concerning Mutual Life Insurance Companies, under a suspension of the Constitutional rule by a two-thirds vote, was read second time by title.
Mr. SAYRE explained-under this bill such Companies shall not be organized until after having secured $200,000 policies on lives a prerequisite-their policy holders are to be secured by a bead deposited with the Auditor of State. It makes it unlawful to solicit insurance upon the lives of aged and infirm persons.
Mr. FOULKE referred to several bad provisions in the bill.
Mr. WILLARD objected to Section 6, and proposed several amendments to do away with a dodge or catch in the bill. He is informed that a clerical error noticed in the House on the third reading is still in the bill as reported to the Senate, and one amendment is to correct that.
Mr. BROWN demanded the previous question.
The Senate seconded the demand, and under the operation the amendments were rejected.
The bill was read the third time and passed by yeas, 36; nays, 10.
On motion by Mr. McCLURE the two amendments to his Clarksville charter bill [S. 120] were concurred in.
On motion by Mr. BROWN the bill [H. R. 91] to provide for the relocation of County seats was taken up, the question being on concurrence in a Minority Committee report recommending that the bill be indefinitely postponed.
The Senate concurred in the report by yeas, 26; nays, 14. So the bill was indefinitely postponed.
On motion by Mr. JOHNSON the House amendment to the title of the bill [S. 236] to fix commutation of terms of sentence of convicts was concurred in.
On motion by Mr. YOUCHE the House amendments to his bill [H. R. 289] were concurred in.
