Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-04-25
LEGISLATIVE.
The Bill Apprspriating $4,000 for
the Compilation Of the Reformstory
- Passes the Senate.
The House Wrestles With the axatic Z
Question. But Postpones Final Ac-
lion-Bills Introduced.
wenttsth Legislature.
THE SENATE.

Wepttsth Leeislatufes
81 THE SENATE. -t-e
Special to the Gazette.
AUSTIN, Tx, April Ex-senator Lane
presented . petition from the citizens Of
Bastrop and members OF the Farmers Al
lance asking 8 change in the incorpora-
ton law.
Senator Abercrombie presented petit
ton from the State Geological Associa-
ton at Houston, asking that the office Of
the State Gsologist be created.
Senator Jarvis for the hnance commit
tee reported favorsbiy to extend the time
in which lands sold for taxes and bought
| in by tire state may be redeemed; also
favorable appropriating S29 900 for the
Improvement Of the Prairie View Normal
school.
Senator Stinsop, for the committee or
public grounds, reported unfavorably the
| bill to lease certain lots in the city OF
Austin to the Farmers Alliance.
Senator Garrison, for the committee on
penitentiary. reported favoEably the Dill
appropriating $500, 900 to purchase 90 oC
acres of land for convict farms.
Senator Armistead offered resolution
thanking the board Of managers Of the
colored asylum for their able and econom.
ical management OF the institution
| Adopted.
Bills introduced-By Senator Gregg, to
provide for the annual superintendent Of
| the free school fund to various counties
By Senator Burney, exempting certain
counties from the district schools ystem.
By Senator Camp, to give the state the
RI yht of Injunction to prevent viola
lions Of revenue and penal laws.
The bill making an appropriation Of
$50, 900 for the complexion of the re
formatory was taken up on the third
reading.
Senator Gregg offered to amend, strik
ing out $40. 600 for completing the build
ing. Lost. Yeas 8, nays &c, Senators
Burgess, Stinson and Gregg voting yea
Tae bill WAS taken up and passed
Yeas 26, nays 8.
Senator Terrell, for the judiciary com,
mittes No. l, reported favorabl7 Hou {
bill No. l6, amending the corporation law
Senator Terrell moved to suspend the
rules to place the bill on second reading
Senator Houston made very forcible
speech against the bill, and pr dicted
that its passage would be fraught with
the state and to the farmers themselves.
The motion to suspend the rules pre-.
vailed.
Senator Lane moved to amend by add
ing to section "a: provided that in no
case shall the capital stock ever exceed
800 900, and providing that should the
assets, Including the capital stock, ever
exceed $4,000 the manager, within
thirty days thereafter, shall declare a
dividend and pay to the stock holders
their pro rata part of the Surplus over
and above Sl50, 900.
A lengthy debate followed, participated
In by Senators Houston, Lane, Terrell
Gregg,gAlien and Claiborne.
The amendment was lost, yeas Z, nays
80. Senator Houston offered an amend
ment by adding that no one but farmers
shall be members OF corporation.
Tabled.
Senator Douglass of Jefferson, offered
to amend so as to provide that il person
inherits more than $500 worth OF stock
he shall not be liable for the debts of the
corporation. Tabled.
Senator Houston offered to amend so
only farmers shall incorporate under the
act. Lost.
The bill then passed to third reading.
Adjourned until 10 Tomorrow.
THE HOUSE.
Special to tbs Gazette.
AUSTIN, TEX, April 24.-The House
met with Speaker Pendleton and quorum
present. Prayer by chaplain.
House bill No. l to reduce taxation for
general revenue purposes was consid-
cred as the pending business.
On motion to adopt the committees
report Mr.. Page offered ian amendment
providing for an ad valorem tax of 10
cents for 1888 and annually there
after of Is cents on the 800
valuation of real property and
on all msvable property owned In the
state January of each year, and on all
property sent out of the state for the pur-
pose of avoiding the payment of taxes
thereon, except so much thereof as may
be exempted by the constitution and laws
Of the state.
Mr.. Page spoke at length in favor OF
his proposition, taking the position
that we cannot only reduce
the rate to 10 cent?, but dispose
with 1t entirely for this and still have
enough to run the expenses of the gov
erment.
Mr.. Strong contended that while we
have go much money in the State Treas
ury and may have On August 81, he ar
gued that there will be certain necessary
demands upon that Treasury which, be-
fore we can dispose Of the present surplus
intelligently, We must consider what is
proper to be done to provide against 8
possible deficiency in the future. Mr..
Strorg SAID he believed they could reduce
the rate to IL cents on $1C0 and have
enough hereafter without raising
the rate in future. Below
that there may be deficiency that will
cause a reaction. Abiding incidentally
to the question OF appropriations, he said
he favored paying the debt to the Uni
versity.
Mr.. Johnson said he had considered all
the estimates presented on the several
bases Of 10, 10, 12t and 20 cents, and after
making all calculations he was confident
thst reduction to 10 cents would be safe.
Even allowing the most liberal appropria-
tions that were reasonably demanded,
there would still be left ample surplus Il T
sll the expenses of the government.
He proposed to set apart $500, goo
for any deficiency that might occur. He
had figured the matter carefully and
could not see how the state will be en-
barrassed at . reduction to 12t cent?,
which ho wouId favnr Thfa uunuld al