and powers," the same being section 1982 of the Compiled Laws of 1915, as amended by Act No. 393 of the Public Acts of 1921. Mr. Brower submitted the following report: FOSS O. ELDRED, Chairman. The Committee on Finance and Appropriations respectfully reports back to the Senate the following entitled bill, with a substitute therefor, recommending that the substitute be agreed to and that the bill, as thus substituted, do pass: Senate bill No. 41 (file No. 21), entitled A bill to make appropriations for the Legislature for the fiscal years ending June 30, 1924, and June 30, 1925, for maintenance, operation and other specific purposes. The following is the title of the substitute recommended by the committee: A bill to make appropriations for the Legislature for the fiscal years ending June 30, 1923, June 30, 1924, and June 30, 1925, for maintenance, operation and other specific purposes. The report was accepted. B. E. BROWER, Chairman. The substitute recommended by the committee was agreed to. The bill as substituted was ordered printed and was referred to the Committee of the Whole. Mr. William L. Case submitted the following report: The Committee on Prohibition respectfully reports back to the Senate the following entitled bill, without amendment, and with the recommendation that the bill do pass: Senate bill No. 313 (file No. 281), entitled A bill to amend section 31 of Act No. 338 of the Public Acts of 1917, entitled, as amended, "An act to prohibit the manufacture, sale, keeping for sale, giving away, bartering, furnishing, possessing, importing or transporting of any vinous, malt, brewed, fermented, spirituous or intoxicating liquors, except for medicinal, mechanical, chemical, scientific and sacramental purposes; to regulate the manufacture, sale, possession, importation and transportation thereof for such excepted purposes; to provide for the enforcement of, and to prescribe penalties for violations of this act; to prohibit certain advertising and advertisements pertaining to the liquor traffic; to prescribe the duties of officers, and of carriers pertaining to the liquor traffic; to prescribe rights of action, recovery of damages and rules of evidence thereunder; and to repeal all acts in conflict therewith," as last amended by Act No. 336 of the Public Acts of 1921. The report was accepted. The bill was referred to the Committee of the Whole. Mr. Eldred submitted the following report: WILLIAM L. CASE, Chairman. The Committee on State Affairs respectfully reports back to the Senate the following entitled bill, without amendment, and with the recommendation that the bill do pass: House bill No. 408 (file No. 201), entitled A bill to amend Act No. 163 of the Public Acts of 1921, entitled "An act creating the State Welfare Department, prescribing its form of organization, its powers and duties; providing for the management and control of State hospitals, prisons and other State institutions of a special nature; to provide for the welfare of persons in the custody or under the tutelage of the State; abolishing certain boards governing institutions embraced within this act, and creating certain commissions in succession thereto; and making an appropriation for certain purposes of this act," by adding a new section thereto after section 14 thereof, to stand as section 14-a. FOSS O. ELDRED, The report was accepted. The bill was referred to the Committee of the Whole. Chairman. Mr. Eldred submitted the following report: The Committee on State Affairs respectfully reports back to the Senate the following entitled bill with amendments, recommending that the amendments be agreed to and that the bill, as thus amended, do pass: Senate bill No. 271 (file No. 225), entitled A bill to prevent fraud, deception and imposition in the issuance, sale or disposition of stocks, bonds and other securities sold or offered for sale within the State of Michigan, and for such purpose to create a commission to regulate and supervise the issuance, sale and disposition of such securities; to license dealers and salesmen of securities; to prescribe the powers an duties of uch commission; to prescribe penalties for violation of this act; and to repeal Act No. 46 of the Public Acts of 1915. The following are the amendments recommended by the committee: (1) Section 1, line 34, after the word "thereunder" strike out the period and insert in lieu thereof a semicolon and the following: "and all securities, approved by the Michigan Securities Commission under Act No. 46, of the Public Acts of 1915, shall be legally saleable unless otherwise ordered by the Commission created under this act." (2) Strike out of Section 5, sub-division (e) and insert in lieu thereof "The purchase for investment purposes only and not for re-sale by banks, trust companies, insurance companies or licensed dealers doing business in this State." (3) Section 5, add a new sub-division to stand as sub-division (g) as follows: "Any offering or sale of stock by a corporation under the laws of Michigan relating to industrial or welfare stock, or any similar plan of distribution to employes, provided such plan is submitte to and approved by the Commission." (4) Section 9, line 7, strike out the word "five" and insert in lieu thereof the word "three." (5) Section 11, sub-division (b), beginning with line 18, strike out all thereafter down to and including line 21. (6) Section 12, strike out of lines 20 and 21 the words "has actually earned dividends" and insert in lieu thereof the words "can show net earnings." (7) Section 12, line 22, after the word "application," insert the words “or can show assets equal to the value of the issue authorized." (8) Section 12, line 23, after the word "its" insert the word "fair"; insert a period after the word "value" and strike out the words "exclusive of intangibles." (9) Section 20, strike out of lines 1 and 2 the words "made contrary to the provisions of this act" and insert in lieu thereof the words "not accepted for filing under this act or made contrary to any order of the Commission." (10) Section 22, line 19, after the word "Michigan," insert the following: “in such form and with such sureties, if any, as the Commission may designate." (11) Section 22, line 31, strike out all after the word "registered," down to and including line 34 and insert in lieu thereof the words "and retained by said dealer." (12) Section 24, line 19, strike out the words "but not making such purchases or sales a general custom." (13) Section 26, line 1, after the word "dealer" insert the words "when acting as a broker or agent." (14) Section 28, line 7, strike out the words "Every licensed dealer shall make a report to the commission" and insert in lieu thereof the words "The commission may compel every licensed dealer to make a report." (15) Section 28, line 8, after the word "month" strike out the word "of." FOSS O. ELDRED, Chairman. The report was accepted. The amendments recommended by the committee were agreed to and the bill, as thus amended, was referred to the Committee of the Whole. Mr. Ross submitted the following report: The Committee on Education respectfully reports back to the Senate the following entitled bill, with a substitute therefor, recommending that the substitute be agreed to and that the bill, as thus substituted, do pass: Senate bill No. 247 (file No. 206), entitled A bill to amend section 27 of Act No. 233 of the Laws of Michigan of 1869, entitled "An act relative to free schools in the City of Detroit," as last amended by Act No. 536 of the Local Acts of 1907. The following is the substitute recommended by the committee: A bill relative to the Teachers' Retirement Fund of every city having a population of more than two hundred fifty thousand and comprising a single school district, wherein pursuant to law there is a local public school teachers' retirement fund. The People of the State of Michigan enact: Section 1. In every city having a population of more than two hundred fifty thousand and comprising a single school district, wherein pursuant to law there is a local public school teachers' retirement fund, all sub-funds thereof are hereby abolished and said fund shall be hereafter the Teachers' Retirement Fund of said city. Section 2. Said Fund shall include all assets now therein or in any sub-fund thereof and all receipts hereafter had from donations, legacies, gifts, bequests, contributions, appropriations, tuition fees from non-resident pupils, interest on teachers' salary fund, contributions by teachers to said Fund, deductions made from salaries of teachers because of absence from duty or otherwise, and all interest on said Fund. Section 3. Said Fund shall be administered by seven Trustees consisting of the president and president pro-tem of the Board of Education of said city, a third member of said Board, appointed by the said president; of the Superintendent of Schools of said city; and of three resident teachers other than the Superintendent, selected as now provided by law. Section 4. Said Fund may be paid only to annuitants placed on the roll of annuitants as follows: teachers who have served in the public schools for thirty years, with twenty years of service next preceding retirement in the schools of said city, shall on application to said Trustees be placed on said roll; teachers who have served for ten years next preceding retirement in the schools of said city may in the discretion of said Trustees, by a two-thirds vote, be placed on said roll because of disability and subsequently removed therefrom or restored thereto. Section 5. Annuitants placed on said roll because of service shall be paid such uniform annuity as may from time to time be fixed by said Trustees, and annuitants placed on said roll because of disability shall be paid an annuity which in relation to the amount paid those who have served for thirty years is in the proportion of their respective actual service to a term of thirty years. Section 6. The Board of Education of said city shall from month to month deduct from the salaries of all teachers not less than one nor more than five per cent, as may be determined by said Trustees, and pay same over to said Fund as the contributions thereto of said teachers, no deduction to be made with reference to the part of any salary in excess of fifteen hundred dollars per annum. Section 7. From said Fund teachers who resign or are removed for cause and are not placed on said roll shall, if application therefor be made within three months of resignation or removal, be repaid their contributions to said Fund, with simple interest computed at four per cent per annum. Section 8. All provisions of law which require the submission of the proceedings of the Board of Education of said city to the mayor thereof and regulate procedure on veto by said mayor shall apply to proceedings of said Trustees. The report was accepted. HENRY T. ROSS, Chairman. The substitute recommended by the committee was agreed to. The bill as substituted was ordered printed and was referred to the Committee of the Whole. Mr. Bohn submitted the following report: The Committee on Public Health respect fully reports back to the Senate the following entitled bill, without amendment, and with the recommendation that the bill do pass: Senate bill No. 301, entitled A bill to amend section 12 of Act No. 132 of the Public Acts of 1903, entitled as amended, "An act empowering the State Board of Health to examine, determine the qualifications of and issue licenses to persons engaging in the business of embalming, undertaking or funeral directing, and to provide for the revocation of such licenses in certain cases; to provide for embalmers' apprentices and their registration; to regulate the practice of embalming, shipping and caring for dead human bodies, and to provide a penalty for the violation of this act," as added by Act No. 62 of the Public Acts of 1921, approved April 15, 1921, being section 6906 to 6915, inclusive, of the Compiled Laws of 1915. The report was accepted. F. P. BOHN, Chairman. The bill was ordered printed and referred to the Committee of the Whole. Conference Report. The following Conference Report was received and read: The Committee of Conference on the matters of difference between the two Houses relative to Senate bill No. 35 (file No. 110), entitled A bill to make appropriations for the Board of Examiners of Barbers for the fiscal years ending June 30, 1924, and June 30, 1925, for maintenance, operation and other purposes, Having met and considered said matters of difference, have agreed to recommend, and do recommend, as follows: That the House recede from its amendments numbered 1, 2 and 8, which amendments read as follows: 1. Amend by striking out of section 1, line 3, the words "ten thousand five hundred and five," and inserting in lieu thereof the words "eight thousand five hundred twenty-one." 2. Amend by striking out of section 1, lines 4 and 5, the words "ten thousand five hundred and five," and inserting in lieu thereof the words "eight thousand five hundred twenty-one." 8. Amend by striking out of section 1, line 17, the amounts "$10,505.00-$10,505.00," and inserting in lieu thereof the amounts "$8,521.00-$8,521.00." That the Senate recede from its disagreement to House amendments numbered 9 and 10 and agree to the same as follows: 9. Amend by inserting after the word "stated" in section 1, line 19, the words "subject to the general supervisory control of the State Administrative Board." 10. Amend by striking out of section 2, lines 2 and 3, the words "and the disbursing officer of the Board of Examiners of Barbers shall render his accounts therefor." That the Senate recede from its disagreement to the amendments of the House numbered 3, 4, 5, 6 and 7, and agree to the same amended so as to read as follows: 3. Amend by striking out of section 1, line 10, the amounts "$1,750.00-$1,750.00," and inserting in lieu thereof the amounts "$2000-$2000." 4. Amend by striking out of section 1, line 11, the amounts "$1,750.00-$1,750.00," and inserting in lieu thereof the amounts "$2,000.00-$2,000.00." 5. Amend by striking out of section 1, line 12, the amounts "$3,484.00-$3,484.00," and inserting in lieu thereof the amounts "$3200-$3200.” 6. Amend by striking out of section 1, line 13, the amounts "$6,984.00-$6,984.00," and inserting in lieu thereof the amounts "$7200-$7200." 7. Amend by striking out of section 1, line 14, the amounts "$705.00-$705.00," and inserting in lieu thereof the amounts "$489.00-$489.00." And the House agreed to the said amendments as thus amended. O. E. ATWOOD, H. H. WHITELEY, Conferees on the part of the Senate. FRED B. WELLS, HOWARD F. BAXTER, Conferees on the Part of the House of The question being on the adoption of the Conference Report, So, a majority of all the Senators-elect having voted therefor, The Conference Report was adopted. Mr. Penney introduced Introduction of Bills. Senate bill No. 328, entitled A bill to protect moose, elk, reindeer and caribou, and to provide for the hunting and killing of moose on Isle Royale, Keweenaw County. The bill was read a first and second time by its title, ordered printed, and referred to the Committee on Conservation. Third Reading of Bills. The following entitled bill was read a third time: Senate bill No. 162 (file No. 262), entitled A bill to make appropriations for the Department of Conservation for the fiscal years ending June 30, 1924, and June 30, 1925, for maintenance, operation and other purposes. The question being on the passage of the bill, the roll was called and the Senators voted as follows: So, a majority of all the Senators-elect having voted therefor, The bill was passed. The Senate agreed to the title of the bill. On motion of Mr. Brower, two-thirds of all the Senators-elect voting therefor, The bill was given immediate effect. The following entitled bill was read a third time: Senate bill No. 226 (file No. 187), entitled A bill to authorize the construction and maintenance of water and sewer systems in districts embracing lands in townships, villages and cities, the assessment and collection of taxes therefor; and to prescribe the manner of submitting the same to the qualified electors of the territory affected. The question being on the passage of the bill, the roll was called and the Senators voted as follows: |