, 1889-08-08
ooRpoRArIoNs CONSIDERED.
The Convention In Committee OF the
Whole on the Article,

Mr., Bowen took the chair. The chair !
stated that he should consider the |
change of the rule just made |
ns going into immediate effect
Section was under debate ut adjourn
rnent on motion TO strike II out. That
motion was put and lost. Ayes ~, noes
not counted. Then the section was
adopted
SIC. .. The term corporations as used
IN this article shall be construed to in
cludc all associations and joint stock
companies having any of the powers or
of corporations not possessed
by individuals or partnerships, and all
shall have the right to sue
and shall be subject to be sued In all
courts in like cases as natural persons.
Adopted.
SEc. o. Corporations shall not issue
stock except to bona iide subscribers or
their assignees, nor shall any corpora
ton issue any bond or other obligation
for the payment of money except for
money or property received or
labor done. The stock of corporations
shall not bcinCroaSCd except in pursu-
anCc of IA general law, nor shall any law
authorize the increase of stock without
due notice of the proposed increase hav-
ing been previously given IN such man
neras may be prescribed by law. All
fictitious increase of stock or indebted
ness shall be void.
Mr.. stiles moved to
erMkh 1T our'
and gave his reasons therefore, mainly
that most of its provisions were already
well settled by law, and that the first
section was only giving. corporations Il
chance 20 set up u defense against
their own bond, In the hands ofinnoccnt
holders.
Mcssrs. Cosgrove, stiles, Sharpstcin,
Cosgroyc, Turner, sullivan of Whitman
and Dunbar, debated the motion
further.
Mr.. kinncar claimed the right to close
as chairman of the committe. The chair
ruled that under the rule as Just changed
this morning he should hold that the
mover of a resolution or amendment
could close.
Mr.. Cosgrovc appealed in order to
know what todcpcnd ON i'm the future.
MIR. Power called the attention of the
chair to the precedent already estab.
lished of allowing the chairman to
close.
MIR, Reed spoke briefly in the same
line 1900
Mr.. Kinnear called the attention of
the chair to rule IL as still being i'll
Iorce anu
NOT AFFECTED
bv the rule adopted this morning.
MIR. Hovt said no had been proceed
ing wrong all along i'm his opinion that
the chairman of the committee was in
no sense thp author of an amendment
nor entitled 10 close upon it.
Messrs. Dyer. Cosgrove, Griftitts, Ell.
sullivan and one or two more had Il
brisk conversation, during which the
chair modestIv int firmly begged To hc
allowed 10 make n remark, which privi-
lege was allowed to him. The chair
ruled once more that the chairman of
committee could not have the right To
close on every motion and amendment,
but that the author of each proposition
should have the close on that particular
motion.
MIR. Cosgroye appealed once more, and
thought the chairnen should have the
right to defend their offspring at every
stage of the progress.
II; H. sullivan uinereu' man VINO
natci' n,,e, !, ''''" WV '' ''s"' ~
Nj St,rIa,.an, co,,n,erted nm cos-
groves nosition and argIed i'm support of
The chair ruling
NJ, Dunbar bclinved tbe ruling of tho
chair To Inc foundHd on
,,,,,,,.,. ,,,.,.s.
COMMON SENSE
MIR. Moore though this mornings
change did not effect rule Al, which had
already been construed and acted upon
by the convention, ana that construc-
ton ought to be adhered to-, 1t was
founded ON common sense, The chair.
man of the committee had the whole
subject in charge and should have the
close all along.
Mr.. Warner supported Mr.. Turner's
view.
Sullivan of Tacoma thought the chair
wrong in this particular instance, though
right on general principle.
Mr.. Eldredge supported Mr.. Hoyts
view.
Mr.. Hoyt proposed to speak, but
Moore raised II point of order that he
had spoken once. Hot claimed not, and
the chair sustained him. lie then de-
yeloped his views further in the lire of
his previous statement and supporting
my ny uccisiVII VI wy 'iiuii' IL, 7. .
NN man l'reS'e" no s'
NOT QUESTION OF JUSTICE,
but of rules, which the convention had
seen fit to adopt. The chair was sus-
tained by very decided majority.
MIR. Sullivan raised point of order
that after motion was made to adopt
the motion to strike out what was not in
order.
The chair said the committee and
convention both had treated such mo-
ton as an amendment. He was little
doubtful, however.
Mr.. Turner appealed.
The Chair-G have not ruled yet. |
am in doubt, but will rule, for the pur-
pose of settling the point, that such Il
motion Is i'll order as an amendment.
Debate began, when Warner claimed
that there was no appeal-beiore the COM
mittee.
The chair said he assumed that Mr..
Turner wished to appeal, and Mr.