Show CALIFORNIA BANKS TO BE INVESTIGATED SACRAMENTO Cal Nov No 20 flee Res Resolutions were introduced today 1 in both houses bouses of the le legislature convened in extra se session for tho the appointment by bythe bythe bythe the governor of a special le legislative committee to investigate in tIle the banking laws lows of California and the banks bunks of the tho state A A. thoron thorough h inquiry is to be he made into the methods employed by b the tho banks in tho the conduct of their business in this state which by bJ some ome of the speakers was WM in part pait at Jea least t hold largely largo large ly responsible for for- forthe the tho present financial St ri n The Tho committee i is to formulate amendments amend amend- ments meats to the present banking ankinA laws and I draw up more stringent ont measures for forthe forthe the tho better protection of depositors tors and I to report its findings and amid recommendations I I to the next regular session of the legislature A concurrent resolution of the committee committee com com- I was introduced in the time senate by Senator Icv Levitt tt of Oakland and in the tho lower hOIl by Assemblyman Stanton of Los Angeles The senate unanimously adopted the concurrent resolution approving four of the twenty amendments to the San Francisco charter adopted at tho the rc- rc cont coot election Tho amendments increase se sethe the salaries of the San Francisco police and fire tire department authorize the payment pay pay- ment meat of 5 instead of ot 4 per cent on the bond hond issue in San Francisco estimated at for municipal improvements improve improve- ments meats rind find permits the tho treasurer of that city to deposit public funds in the banks in iii tho the manner provided b by tho the state laws The Tho senate judiciary committee reported reported re rc re- re ported a sub sub bill bill extending tho the time for forthe forthe the payment of taxes sixt sixty days das beyond Koven November ber 26 instead of ninety days das in three periods of thirty days each at atthe atthe atthe the discretion of tho the governor Jo The San Francisco Fran isco delegations in the two houses of the leA legislature laturo and delegations of business men from San Francisco Francisco Francisco Fran Fran- cisco w will Jl call upon tho the governor today and urge the calling of another special l session to ratify the HIe sixteen charter char char- ter amendments |