Duty to levy and collect. Special provisions. SEC. 3. It shall be the duty of the common council of any city availing itself of the provisions of this act, from time to time, as it may be necessary, to levy and collect such sums of money as may be required to pay the principal and interest of any bonds or other evidences of indebtedness voted by such city under this act. SEC. 4. Nothing in this act shall be construed to affect the special provisions in the charter of any city already authorizing the construction or purchase of detention hospitals, or for the securing of the care and treatment of persons afflicted with contagious or communicable diseases. SEC. 5. It is hereby declared that this act is immediately Balance transferred. [No. 2.] AN ACT to provide for the transfer to the general repairs fund of a certain unexpended appropriation for the Michigan State Prison. The People of the State of Michigan enact: SECTION 1. The sum of three thousand six hundred thirtyfour dollars and sixty cents, being the unexpended balance of the fifteen thousand dollars appropriated for new engine and generator under section one of act two hundred ninety-five of the Public Acts of nineteen hundred eleven, is hereby transferred and made available to the general repairs fund of the Michigan State Prison, and when so transferred the said sum may be expended under the provisions of the general accounting laws of this State for special appropriations. Approved March 15, 1912. [No. 3.] AN ACT to amend section eight of act number one hundred fifty-one of the Public Acts of nineteen hundred eleven, entitled "An act to provide for the employment of prison labor on State account at the State House of Correction and Branch of the State Prison in the Upper Peninsula, to provide for the sale and disposition of the manufactured product; to define the duties of the warden and board of control of said prison in relation thereto; to make an appropriation for the fiscal year ending June thirty, nineteen hundred twelve, to carry into effect the object and purposes of this act and to provide a tax to meet the same.” The People of the State of Michigan enact: amended. SECTION 1. Section eight of act number one hundred fifty- Section one of the Public Acts of nineteen hundred eleven, entitled "An act to provide for the employment of prison labor on State account at the State House of Correction and Branch of the State Prison in the Upper Peninsula, to provide for the sale and disposition of the manufactured product; to define the duties of the warden and board of control of said prison in relation thereto; to make an appropriation for the fiscal year ending June thirty, nineteen hundred twelve, to carry into effect the object and purposes of this act and to provide a tax to meet the same," is hereby amended to read as follows: SEC. 8. The Auditor General shall incorporate in the State Tax levy. tax for the year nineteen hundred twelve the sum of sixtytwo thousand five hundred dollars, which, when collected, shall be credited to the general fund to reimburse the same for the money hereby appropriated. Approved March 20, 1912. [No. 4.] AN ACT to amend section eight of act number one hundred fifty of the Public Acts of nineteen hundred eleven, entitled "An act to provide for the employment of prison labor on State account at the State Prison at Jackson, Michigan, to provide for the sale and disposition of the manufactured product; to define the duties of the warden and board of control of said prison in relation thereto; to make an appropriation for the fiscal year ending June thirty, nineteen hundred twelve, to carry into effect the object and purposes of this act and to provide a tax to meet the same." The People of the State of Michigan enact: SECTION 1. Section eight of act number one hundred fifty Section of the Public Acts of nineteen hundred eleven, entitled "An amended. act to provide for the employment of prison labor on State account at the State Prison at Jackson, Michigan, to provide for the sale and disposition of the manufactured product; to define the duties of the warden and board of control of said prison in relation thereto; to make an appropriation for the fiscal year ending June thirty, nineteen hundred twelve, to carry into effect the object and purposes of this act and to provide a tax to meet the same," is hereby amended to read as follows: Tax levy. SEC. 8. The Auditor General shall incorporate in the State tax for the year nineteen hundred twelve the sum of sixty-two thousand five hundred dollars, which, when collected, shall be credited to the general fund to reimburse the same for the money hereby appropriated. Approved March 20, 1912. Section amended. Tax levy, general expenses. [No. 5.] AN ACT to amend section one of act number one hundred seven of the Public Acts of nineteen hundred eleven, entitled "An act to provide a tax to meet the several appropriations for which a tax is not otherwise provided, for the general expenses of the State government, salaries of the State officers, judicial and other, expenses of the State departments and expenses of the Legislature for the years nineteen hundred eleven and nineteen hundred twelve." The People of the State of Michigan enact: SECTION 1. Section one of act number one hundred seven of the Public Acts of nineteen hundred eleven, entitled "An act to provide a tax to meet the several appropriations for which a tax is not otherwise provided, for the general expenses of the State government, salaries of the State officers, judicial and other, expenses of the State departments and expenses of the Legislature for the years nineteen hundred eleven and nineteen hundred twelve," is hereby amended to read as follows: SEC. 1. There shall be levied upon the aggregate of taxable real and personal property of the State in the year nineteen hundred eleven the sum of two million sixty thousand dollars, and for the year nineteen hundred twelve the sum of one million one hundred sixty-three thousand dollars, to be raised by tax to meet the several appropriations made by law wherein no tax is otherwise provided. This act is ordered to take immediate effect. [No. 6.] AN ACT to amend section thirty-two of act number two hundred five of the Public Acts of eighteen hundred eightyseven, entitled "An act to revise the laws authorizing the business of banking, and to establish a banking department for the supervision of such business," the same being compiler's section six thousand one hundred twenty-one of the Compiled Laws of eighteen hundred ninety-seven, as amended by act number one hundred seventeen of the Public Acts of ninteen hundred five. The People of the State of Michigan enact: amended. SECTION 1. Section thirty-two of act number two hundred Section five of the Public Acts of eighteen hundred eighty-seven, entitled "An act to revise the laws authorizing the business of banking, and to establish a banking department for the supervision of such business," the same being compiler's section six thousand one hundred twenty-one of the Compiled Laws of eighteen hundred ninety-seven, as amended by act number one hundred seventeen of the Public Acts of nineteen hundred five, is hereby amended to read as follows: to bind bank, may borrow SEC. 32. All certificates or evidence of deposit made by Certificate the proper officers of any bank shall be as effectual to bind of deposit the bank as if made under the common seal thereof; but said etc. bank shall not issue any bill, note, or certificate intended to circulate as money, and no such bank shall issue post notes. No bank or bank officer shall give preference to any depositor or creditor by pledging the assets of the bank as collateral security: Provided, That any bank may pledge qualified as Proviso, sets of the bank for the purpose of becoming a depository for postal sayings funds. postal savings funds under the laws of the United States: Provided further, That any bank may borrow money for tem- Further porary purposes, and may pledge assets of the bank not ex- proviso, ceeding fifty per cent in excess of the amount borrowed as temporarily. collateral security therefor: Provided further, That whenever Further it shall appear that a bank is borrowing habitually for the proviso. purpose of reloaning, the Commissioner of the Banking Department may require such bank to pay off such borrowed money. Nothing herein contained shall prevent any bank from rediscounting in good faith and endorsing any of its negotiable notes. It shall be unlawful for any bank to issue its certificate of deposit for the purpose of borrowing money. Neither shall any bank make partial payments upon certificate of deposit. In no case shall an overdraft of more than ninety days' standing be allowed as an asset of the bank. Approved March 20, 1912. Section amended. Dangerous weapons, unlawful to carry. [No. 7.] AN ACT to amend section one of act number two hundred seventy-four of the Public Acts of nineteen hundred eleven, entitled "An act to prohibit the sale, keeping for sale, loaning, giving away or carrying of certain dangerous weapons; to prevent the carrying of concealed weapons except in certain specified cases when a license is issued therefor; to provide punishment for the violation of the provisions hereof; and to repeal act number one hundred twenty-nine of the Public Acts of eighteen hundred eighty-seven, entitled 'An act to prevent the carrying of concealed weapons and to provide a punishment therefor,' being sections eleven thousand five hundred thirteen and eleven thousand five hundred fourteen of the Compiled Laws of eighteen hundred ninety-seven," and to add a new section thereto. The People of the State of Michigan enact: SECTION 1. Section one of act number two hundred seventyfour of the Public Acts of nineteen hundred eleven, entitled "An act to prohibit the sale, keeping for sale, loaning, giving away or carrying of certain dangerous weapons; to prevent the carrying of concealed weapons except in certain specified cases when a license is issued therefor; to provide punishment for the violation of the provisions hereof; and to repeal act number one hundred twenty-nine of the Public Acts of eighteen hundred eighty-seven, entitled 'An act to prevent the carrying of concealed weapons and to provide a punishment therefor,' being sections eleven thousand five hundred thirteen and eleven thousand five hundred fourteen of the Compiled Laws of eighteen hundred ninety-seven," is hereby amended, and a new section is added to said act to stand as section eleven, said amended and added sections to read as follows: SEC. 1. It shall be unlawful for any person, except as hereinafter provided, to go armed with a dirk, dagger, sword, pistol, revolver, stiletto, metallic-knuckles, pocket-billy, sandbag, skull-cracker, slung-shot, razor, hat pins over ten inches. long, or other offensive and dangerous weapons or instruments concealed upon his person. SEC. 11. This act is immediately necessary for the preservation of the public peace and safety. This act is ordered to take immediate effect. |