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tion of domestic corporations; to prescribe their rights, powers, privileges and immunities; to prescribe the conditions upon which corporations may exercise their franchises; to provide for the inclusion of certain existing corporations within the provisions of this act; to prescribe the terms and conditions upon which foreign corporations may be admitted to carry on business within this State; to prescribe penalties for violations of the provisions of this act; and to repeal certain acts and parts of acts relating to corporations," as amended,

Was read a third time and passed, a majority of all the members-elect voting therefor, by yeas and nays, as follows:

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House Bill No. 257 (file No. 295), entitled A bill to amend section 16 of chapter 1 of part 2 of Act No. 256 of the Public Acts of 1917, entitled "An act to revise, consolidate and classify the laws of the State of Michigan relating to the insurance and surety business; to regulate the incorporation of domestic insurance and surety companies and associations and the admission of foreign companies; and to provide for the departmental supervision and regulation of the insurance and surety business within this State," as amended,

Was read a third time, and, the question being on its passage,

Mr. Armstrong moved to amend the bill by adding after line 116 of section 16 the following: "(Eighth, (a) Any stock company shall, with the consent of the Commissioner of Insurance, have the power to purchase, in an amount not to exceed one-tenth of its assets, nor more than its surplus funds in excess of its capital and the reserves required by law, the whole or any part of the shares of stock of any solvent insurance company organized under the laws of this, or any other state, and hold the same as an investment: Provided, That the Commissioner of Insurance in determining the condition of any such company so purchasing, shall not allow such funds, so employed and invested, as and for an asset at more than the actual value, as ascertained in the manner approved by him: Provided further, That no such funds of any company shall be invested in or loaned on its own stock.

(b) When any such stock company shall be a stockholder in any other corporation, as in the preceding paragraph provided, its president and other officers

or any of its directors shall be eligible to the office of director of such company the same as if they were individually shareholders therein and the company holding such stock shall possess and exercise in respect thereof, all the rights, powers, privileges and liabilities of individual owners or holders of such stock.)"

The motion did not prevail and the amendment was not adopted, a majority of all the members-elect not voting therefor.

Mr. Armstrong moved that the further consideration of the bill be postponed until tomorrow, Tuesday, April 14.

The motion prevailed.

House Bill No. 301 (file No. 297), entitled

A bill to provide for the repression of prostitution in certain cases,

Was read a third time and passed, a majority of all the members-elect voting therefor, by yeas and nays, as follows:

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Mr. Ormsbee, having reserved the right to explain his vote, made the following statement:

"There is not a member in this House who does not know that this bill is unconstitutional, and why should we pile our statutes up with bills that are unconstitutional. Therefore, I voted 'no'."

House Bill No. 443 (file No. 298), entitled

A bill to authorize the assignment of rents and profits of property mortgaged under a trust mortgage or deed of trust, to secure bonds or obligations issued or to be issued thereunder,

Was read a third time and passed, a majority of all the members-elect voting therefor, by yeas and nays, as follows:

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The House agreed to the title of the bill.

Mr. Culver moved that the bill be given immediate effect.

The motion prevailed, two-thirds of all the members-elect voting therefor.

House Bill No. 299 (file No. 299), entitled

A bill to authorize boards of supervisors to fix the number of assistant prosecuting attorneys, clerks, stenographers and investigators for prosecuting attorneys; to fix the terms of office and salaries of such assistants, clerks, stenographers and investigators, and to define the powers and duties of the same in counties of this state; and to repeal Act No. 101 of the Public Acts of 1913, Was read a third time and passed, a majority of all the members-elect voting therefor, by yeas and nays, as follows:

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The House agreed to the title of the bill.

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House Bill No. 225 (file No. 300), entitled

A bill to provide punishment for the removal of automobiles, auto-trucks or other automotive vehicles under chattel mortgage or acquired under conditional sales contract or property note, from the county in which the maker of the chattel mortgage or the purchaser under the conditional sales contract or property note resided at the time of executing the chattel mortgage or acquiring an automobile, auto-truck or other automotive vehicles by a conditional sales contract or property note, without the consent of the mortgagee or of the vendor in the conditional sales contract or property note,

Was read a third time and passed, a majority of all the members-elect voting therefor, by yeas and nays, as follows:

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The question being on agreeing to the title of the bill,

Mr. Watson moved to amend the title so as to read as follows:

A bill to provide punishment for the removal of automobiles, auto-trucks or other automotive vehicles under chattel mortgage or acquired under a conditional sales contract or property note, from the State, without the consent of the mortgagee or of the vendor in the conditional sales contract or property note.

The motion prevailed.

The title as amended was then agreed to.

Mr. McEachron moved that the bill be given immediate effect.

The motion prevailed, two-thirds of all the members-elect voting therefor.

Mr. Strauch moved that the House adjourn.

The motion prevailed.

The Speaker declared the House adjourned until Tuesday, April 14, at 10 o'clock a. m.

CHARLES S. PIERCE,
Clerk of the House of Representatives,

JOURNAL OF THE HOUSE

NUMBER SIXTY-THREE.

Lansing, Tuesday, April 14, 1925. 10 o'clock a. m.

The House was called to order by the Speaker.

Rev. W. C. Swenk, of the First Evangelical Church of Lansing, offered the invocation:

"Oh Thou Blessed God, we come to Thee that we might invoke Thy divine blessings upon us. We thank Thee that ours is such a goodly heritage. We thank Thee for this nation of ours, that through Thy providence has been called into existence, that the liberties of mar kind might be perpetuated. We thank Thee that we have a part as citizens of this great commonwealth, and we thank Thee for all the benefits that have come to us in our social and moral life. We thank Thee for all the great standards of truth and right that have been fought by those of our fellowmen. We thank Thee, this morning, Oh God, for those who founded this nation upon the provisions of right and truth. We thank Thee that Thou hast ever guided us, and even though at times thrown amid the great calamity of war, Thou has always led us out to higher ideals. We ask Thee to guide us and we pray that Thy benediction may rest upon this legislature and this House of Representatives. Do Thou guide each one in their deliberations so they may look back upon their activities that have been carried out in making an existence for a commonwealth of the State of Michigan. We ask it in the name of Jesus Christ. Amen."

The roll of the House was called by the Clerk, who announced that a quorum was present.

The following member was absent with leave:

Mr. O'Connell.

The following members were absent without leave:

Messrs. Binning, Wm. B. Campbell, Cowan, Curtis, Dexter, Evans, Fuller, Green, Hosking, Howell, Jewell, Kooyers, Langsford, MacKinnon, Madill, McKibbin, McLain, Osborn, Peters and Watson.

Mr. Jos. L. Campbell moved that Mr. McLain be granted an indefinite leave of absence, because of illness.

The motion prevailed.

Mr. Oberdorffer moved that all other absentees without leave be excused from today's session.

The motion prevailed.

Presentation of Petitions.

Mr. Walter J. Thomas presented

Petition No. 425.

Petition of John G. Evans and twenty-four other citizens of White Pigeon approving the cancellation of auto driver's licenses if driver is intoxicated.

The petition was referred to the Committee on Liquor Traffic.

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