Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-03-01
The 0ld.TIme rratIngs q Texas
Progress and Texas Civilization
Only Meant Monopoly.
Foreign Corporations Must Ne pfahlb,ted
Prom owning Real r.se,s In tho
Lone star state.

oign corporations, are both sensible and
timely, In Texas the evils ~ land mo.
nopoly and absenteesm are even more
marked and threatening than IN The ter.
ritorios
The legislation oi this state Tor lie
past few years IN the disposition OF the
public lands has been IN dehanue W Tho
lessons Of history. While IN Europe The {
land question has become the dominant
question IN politIcs,and The evils resulting 4
20 the many from tho monopolimion OF 4
the land by the few, are disgrace
TO mankind, aud imprrl the (
very foundations OF society here In /
Texas, our public men and large part Of !
the press have seemed TO consider Il n
aacred duty 10 encourage The ofganlza
ton OF land and cattle corporations, aud |
the aggregation ~ large landed estates
In the hands Of few men,
A few years ago we read almost daily
IN the newspapers such kilograms az this
CotonADo Tx, 4aA IN Gvi.
deuce Of the rapid progress and develop.
ment OF this part OF the Lone Star state,
we notice that Col. Snatchall and Judge
Nevor-Turn.Loose are inclosiug their
100, 900 acre p0siurcn
To such an extent had The public mind
been fooled by the constant pratlng IN
The legislative halls and the public press,
about "progfessp and HciviliEation,n
that great many people actually he
licyod that the Investment u millions
OF dollars Of foreign capital In
Texas lands for grazing PUT.
poses only would be o blessing 10 the
state Tho people OF Texas are begin.
Ming TO llnd out their mistake The tirst
! halt IN this mad and suicidal policy Is 10
| he found In chapter 81 OF the acts oi the
| Nineteenth Legislature. II Il my purpose
| 10 show that while this act was conceived
| IN the right spirit, and tends in the right
direction, yet without some supple
meninry Legislation II will entirely fail 10
accomplish lbo purpose Intended aud
| VIII result In positive dctrimont TO the
s,ntc This act OF 1888 IL simply an
amendment TO article BOG Of the Revised
Statutes
Article sos, nS II stood IN The Revised
Statutes contained an enumeration Of
the purposes for which corporations
might then he organized, and The enunefn.
tlon embraced twenty'siX subdivisions
and a general clause which latter an'
lbprl1ed the organization Of corpora.
tlOns for any other purpose IN
tended for mutual profit OF
benefit not otherwise especially provided
ior and not inconsistent With the consti'
tuition aud laws OF this state
SO much Of the amendment made by
the act Of 1885 pertinent t0 tbs matter
under discussion eonelsts o. an entire
omission III this general clause aud ,
change In the wording OF clause 4 4, mud {
|. substitution ~ elape q for clause q, Hilt
clause ~ Tor clause ~. The effect OF tbt
amendment a that no lana CHtllD cor
pnratOns can nov be charlrrcd ln Texas
, except for the ''purchasG oi ienl estate i
I ciiieF, towns and yillagrsn etc 30
! what Is the resultS II Is ~ 10 observe
! Tint the net oi 1885 does not coulaia an
Inhibition against land corporations 0
7, other states OF this Union acquiring an
7, holding roal eaintO ia Texas The iulnr
= organization oi land aud cattle cOfpora
y tiunH Is prevented Ia TcNns, simply b
repeating tho law which author
! lled tho chbucflng Of ihc Ndm'
), Nor ~ such Inhibition fpund anPWhcf
y plse IN the laws 0i Texas III 1879 lh
q supfcmm court 0f the United States, J
the case ut Cowcll Va, Colorado SpHng
" Company 90 OTTO 100 u s. Rep. p 81.
W lu substance decided thai a C0lpOtnilp
10 chartered l,y the state Of pcmsyltanl
y with power tp receive, hold aud graz
- real aud personal property" etc mNl
~ lawfully dxcrriac The powers conferred
w the charter With regard to purclmtil
Wv and holding lands IN The territory 0l 60
" orndo, Notwithstanding that by the nct
80 congress OF March 2, 1867 on Stat
DC Largo. 100, which lnw WIS ~ force 10 u
~ territory OF Colorado in 1873, ~ tie ~
~ the litigation nrase) prohibited ne ~
Nv islnlures ol the sGyrrAl Territories no
nV apantihRpfieatc charters, and permits
~ siieh legislatures 80 create Nv lHarf
y nw only corporations for mining man
~ metnring aud other industrial pursuits
w. Tho court say r1ho position Of q
" Igelnut 4 lhat congress- Intended " li
,,h vent Tho creation OF corporations IKE y
=, ono Of Pennsylvania, az tho rkicnsl
~ powers granted 70 ittendcd 70 monpppli
"a, inD,lod estates f0i Tie purposes Of spec
~ lntion, and thereby llre the ngflchltDr
N mining aud manufacturing Interests
~ the country; aud II D domestic CORPORATE
could not ie created Win surh ppwl
M foi reasons Of public policy, iOrsi
~ rorpofntlon could NOT fof IKE reasons
~, permitted 10 exercise them 10 Tie tef
~ torV The nnsweftO this position q ION
~, On Tho general comfy whlchin thchbAen
10 of positlee direction 20 the contrary
~ talns through the states nud territories
hhss tbe United States by whicli cofp0falle
~ erealed In 0ne state or territory are y
Sai nltted 10 carry on any lawill business
~ another state or territory aud ~ hcgnt
H. hold aud transfer property there EQUALLY
,ns ipdIyldhain. II The policy 81 We ~
~ or tafritofy docs moi permit the buslu'
~. Of the foreign corporation 10 ~ Unite
M, aiiow he corporation 70 hold or af1,'
wv reai property, II must be eSprestca
~, some affirmative way, II cannot W
~ lerrcd from the Tact mat ~ legsinl
q, has made no provision iof ttr iofphl
,,ysh ~ similar corporations"
III shfewd capitalists viii not NJ Slom
or. discover thai they can obtain chptteit
Iter land ana live stock corporations ~ o.
ne states, with fun powers 70 buy holh
a seli landed property Without NM q
quantity. aud them come 70 Ieshs
oeo everclse such unlimited powers 70 y
tan nli sati.inction. ~ long rs w are "
oi OUT q pcsltlse legislative enactment V
aid contrary,
ger Auain By the act - APrl ~, y
49,. / fhft faffa mid ~