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A bill to make appropriations for the Department of the Auditor General for the fiscal years ending June 30, 1922 and June 30, 1923, for maintenance, operation and other specific purposes.

The motion prevailed.

The question being on the motion of Mr. Smith (2nd dist.) that the bill be given immediate effect, th motion prevailed, two-thirds of all the Senators-elect voting therefor, and the bill was given immediate effect.

Mr. Ross moved to take from the table the following entitled bill:
Senate bill No. 286 (file No. 263), entitled

A bill to amend sections 4, 6, 9 and 14 of Act No. 46 of the Public Acts of 1915, entitled "An act to prevent fraud in the sale and disposition of stocks, bonds or other securities sold or offered for sale within the State of Michigan by any dealer, firm, company, association or corporation, foreign or domestic, by requiring an inspection of such stocks, bonds or other securities, and an inspection of the business of such persons, firms, companies, associations or corporations, including dealers and agents, and such regulation and supervision of the business of said persons, firm companies, associations or corporations, including dealers and agents, as may be necessary to prevent fraud in the sale within the State, of any stocks, bonds or other securities, and to provide a penalty for the violation thereof, and to repeal Act No. 143 of the Public Acts of 1913, approved May 2, 1913, and all other acts or parts of acts inconsistent herewith,” being sections 11945, 11948, 11950, 11953 and 11958 of the Compiled Laws of 1915, and to add a new section thereto to stand as 1-a.

The motion prevailed.
The question being on the passage of the bill,
Mr. Ross offered the following amendments:
(1) Enacting Section 1, line 1, after the word "sections," insert "one.”
(2) After the enacting section 1, insert Section 1, to read as follows:

"Section 1. There is hereby created a commission to be known as the Michigan Securities Commission and hereafter called in this act "the commission," whose duty it shall be to administer and provide for the enforcement of all the provisions of this act. Said commission shall consist of (*

three members to be selected from among the several State officers at Lansing and appointed by and to hold office during the pleasure of the Governor. The Governor shall designate one of such members to be chairman of the commission. In any case where the head of a department shall have been so appointed, the duly appointed deputy or designated assistant of such officer shall, in his absence or disability, act in his stead upon such commission. Each member shall be authorized to swear witnesses and administer oaths in any matter coming before him or said commission. Any two members of said commission shall constitute a quorum for the transaction of its business and duties.) The said commission shall succeed the Michigan Se. curities Commission created by Act No. 143 of the Public Acts of 1913, and as such successors shall receive all of the files, papers and property of said Michigan Securities Commission created by said Act No. 143 of the Public Acts of 1913. All proceedings pending before said Michigan Securities Commission created by said Act No. 143 of the Public Acts of 1913, shall be continued by the commission created by this act; all actions, civil and criminal, pending under said Act No. 143 of the Public Acts of 1913, shall be continued and completed thereunder. Said commission shall have its office in the city of Lansing, in rooms to be provided by the Board of State Auditors, and all of its records shall be there kept. It shall hold (* * * such regular and special meetings and at such times as shall be prescribed in its regulations.) It shall keep a complete record of all its meetings, its accounts and the business it transacts. It shall appoint a secretary whose salary shall not exceed the sum of twenty-five hundred dollars per annum and shall have power to employ such other and further assistants

may be necessary to carry out the provisions of this act. All salaries fixed by it shall be subject to the approval of the (*

State Administrative Board.) It shall make such rules and regulations as may be necessary to carry out the provisions of this act and may prepare all necessary blanks to be used in its proceedings and in the conduct of its business, (and any order, authority or permission made or granted by said commission under any such regulation shall be of equal force and effect and provide the same protection as if made or granted under a specific provision of this act.)

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The amendments were seconded, a majority of the Senators present voting therefor.

The amendments were then considered and agreed to, a majority of all the Senatorselect voting therefor.

Pending the order that, under rule 37, the bill lie over one day,

Mr. Ross moved that the rule be suspended and that the bill be placed on its immediate passage.

Upon which motion Mr. Smith (2nd Dist.) demanded the yeas and nays.
The roll was called and the Senators voted as follows:

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So, two-thirds of the Senators present voting therefor,
The motion prevailed.

The question then being on the passage of the bill, the roll was called and the Senators voted as follows:

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So, a majority of all the Senators-elect having voted therefor,
The bill was passed.
The question being on agreeing to the title,
Mr. Ross moved to amend the title so as to read as follows:

A bill to amend sections 1, 4, 6, 9 and 14 of Act No. 46 of the Public Acts of 1915, entitled "An act to prevent fraud in the sale and disposition of stocks, bonds or other securities sold or offered for sale within the State of Michigan by any dealer, firm, company, association or corporation, foreign or domestic, by requiring an inspection of such stocks, bonds or other securities, and an inspection of the business of such persons, firms, companies, associations or corporations, including dealers and agents, and such regulation and supervision of the business of said persons, firms, companies, associations or corporations, including dealers and agents, as may be necessary to prevent fraud in the sale within the State, of any stocks, bonds or other securities, and to provide a penalty for the violation thereof, and to repeal Act No. 143 of the Public Acts of 1913, approved May 2, 1913, and all other acts or parts of acts inconsistent herewith,” being sections 11945, 11948, 11950, 11953 and 11958 of the Compiled Laws of 1915, and to add a new section thereto to stand as 1-a.

The motion prevailed, and the title of the bill was so amended.
The Senate agreed to the title of the bill as amended.
[The amendment to the title restores the title as printed.]
Mr. Ross moved that the bill be given immediate effect.
Upon which motion Mr. Baker demanded the yeas and nays.
The roll was called and the Senators voted as follows:

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So, two-thirds of the Senators-elect not having voted therefor,
The motion did not prevail.

Third Reading of Bills. The following entitled bill was read a third time: Senate bill No. 21 (file No. 300), entitled

A bill to make appropriations for the University of Michigan for the fiscal years ending June 30, 1922, and June 30, 1923, for maintenance, operation and other specific purposes.

Pending the taking of the vote on the passage of the bill,
Mr. McArthur offered the following amendment:

Section 1, line 7, after the word "improvements," strike out "$2,500,000.00” and insert in lieu thereof “$1,500,000.00."

The question being on seconding the amendment,
Mr. McArthur demanded the yeas and nays.
The roll was called and the Senators voted as follows:

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So, a majority of the Senators present not voting therefor,
The amendment was not seconded.

The question then being on the passage of the bill, the roll was called and the Senators voted as follows:

YEAS-21.

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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. Wood, 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. 37 (file No. 297), entitled

A bill to make appropriations for the Michigan School for the Blind for the fiscal years ending June 30, 1922, and June 30, 1923, for maintenance, operation and other specific purposes.

The question being on the passage of the bill, the roll was called and the Senators voted as follows:

YEAS-26.
Amon
Davis
McRae

Smith (2nd Dist.)
Baker
Engel
Osborn

Smith (11th Dist)
Bolt
Hamilton
Penney

Tufts
Brower
Hicks
Phillips

Vandenboom
Bryant
Johnson
Riopelle

Wilcox
Clark
McArthur
Ross

Wood
Condon

McNaughton

NAYS—0. 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. McArthur, two-thirds of all the Senatorselect voting therefor, The bill was given immediate effect. The following entitled bill was read a third time: Senate bill No. 123 (file No. 296), entitled

A bill to make appropriations for the Michigan Securities Commission for the fiscal years ending June 30, 1922, and June 30, 1923, for maintenance, operation and other specific purposes.

The question being on the passage of the bill, the roll was called and the Senators voted as follows:

YEAS—26.
Amon
Davis
McRae

Smith (2nd Dist.)
Baker
Engel
Osborn

Smith (11th Dist)
Bolt
Hamilton
Penney

Tufts
Brower
Hicks
Phillips

Vandenboom
Bryant
Johnson
Riopelle

Wilcox
Clark
McArthur
Ross

Wood
Condon

McNaughton

NAYS—0. 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. Bolt, 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. 39 (file No. 294), entitled

A bill to make appropriations for the Michigan Employment Institution for the Blind for the fiscal years ending June thirty, nineteen hundred twenty-two and June thirty, nineteen hundred twenty-three, for maintenance, operation and other specific purposes.

The question being on the passage of the bill, the roll was called and the Senators voted as follows:

YEAS-25.
Amon
Davis

McNaughton Smith (2nd Dist.)
Baker
Engel
McRae

Smith (11th Dist)
Bolt
Hamilton
Osborn

Tufts
Brower
Hicks
Penney

Vandenboom
Bryant
Johnson
Phillips

Wilcox
Clark
McArthur
Riopelle

Wood
Condon

NAYS-0.

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. Phillips, 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. 122 (file No. 295), entitled

A bill to make appropriations for the Michigan Public Utilities Commission for the fiscal years ending June 30, 1922, and June 30, 1923, for maintenance, operation and other specific purposes.

Pending the taking of the vote on the passage of the bill,
Mr. McRae offered the following amendment:

Section 1, line 8, strike out the word "Five" and insert in lieu thereof the word "Three,” also strike out the 'figures "$35,000 $35,000" and insert in lieu. thereof the figures "$15,000 $15,000.”

The question being on seconding the amendment,
Mr. McRae demanded the yeas and nays.
The roll was called and the Senators voted as follows:

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So, a majority of the Senators present not voting therefor,
The amendment was not seconded.
The question then being on the passage of the bill,
Mr. McRae offered the following amendment:

Section 1, line 35, after the word "Totals,” strike out "$134,800.00-$138,500.00" and insert in lieu thereof “$50,000-$50,000.”

The question being on seconding the amendment,
Mr. McRae demanded the yeas and nays.
The roll was called and the Senators voted as follows:

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So, a majority of the Senators present not voting therefor,
The amendment was not seconded.
The question then being on the passage of the bill,
Mr. Phillips offered the following amendment:

Section one, line 8, after the word "Commissioners,” strike out “$7,000.00$35,000.00-$35,000.00” and insert in lieu thereof “$5,000.00-$25,000.00-$25,000.00."

The question being on seconding the amendment,
Mr. Phillips demanded the yeas and nays.
The roll was called and the Senators voted as follows:

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