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IS NOT YET DECIDED Will Convene Legislature Next Week if It Is Called at All MERCHANTS PETITION Exchange Passes Resolutions Asking for Executive Action at Once Governor Gillett arrived in San Francisco shortly after noon yesterday from Sacramento and spent several hours in consultation with Mayor Taylor and Attorney General Webb concerning the proposed special session of the legislature. He made inquiries as to the financial situation and learned from local bankers that conditions had improved. The governor was also informed of the temporary suspension of the Union national bank in Oakland. No alarm was felt over this suspension, as the latest statements of the institution showed that the assets exceeded the liabilities by a comfortable margin. The governor did not arrive at a final conclusion in regard to the extra session, although he stated last night that he would make a definite decision some time before the end of this week and that he would call the legislature together next week if at all. The governor said: am still investigating matters with a view to determining whether or not to call a special session of the legislature, and have arrived at no conclusion. I am hearing all sides of the question, looking into several points myself, and making an effort to learn whether it is generally desired throughout the state Most of the bankers and businessmen in all parts of the state are urging a special session. while others do not favor it. If I [should decide to issue a call it will be for some time next week, and I shall make up my mind in a few days now. The special session, if it is called, will be convened as soon as possible and as quickly dismissed, and there will be few matters which it will take up Even with a special session all but the most important matters will have to go over until the regular session. "If I should decide to call the session one matter that I will incorporate in the proclamation will be a proposed amendment to the code. which will make it possible for courts to continue their sessions during such holidays as those which we are now having." At a meeting of the board of directors of the merchants' exchange yesterday the question of an extra session was discussed, and the directors expressed their approval in the following letter, which they addressed to Governor Gillett: "We have the honor of informing you that at the regular meeting of the board of directors of the merchants' exchange, held on this date, the f61lowing resolution was unanimously adopted: "Resolved, that the governor of the state of California, in view of the present financial stress and the additional danger to be feared from the Jocking up of large sums of money in the vaults of the city, county and state officials, be earnestly requested to immediately call the legislature of the state of California in special session for the purpose of extending for 60 days the date upon which the first installment of taxes for the year 1907 would become delinquent. "Bespeaking your favorable action. as called for by the resolution, and assuring you that in the opinion of the board of directors of the merchants' exchange, it is of the utmost importance that the legislature of the state of California should be convened at an early date for the purpose mentioned in the resolution, we remain, very respectfully yours, "C.S. LAUMEISTER, President. "T.C. FRIEDLANDER, Secretary. A telegram was received yesterday by Homer S. King, president of the San Francisco clearing house, from the Stockton clearing house offering cooperation to secure a special session Telegrams were also received in the Continued to Cels. 2 and 3, Page 2