Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-04-24
CORPORATION BILL.
PURPOSES FOR WHICH PRIVATE
CORPORAL IONS MAY EXIST
The Bni mas Now Been Amended and
Passed and VIII Become a Law
In Its Present shape.

The private corporation bin which was
vetoed by Governor H0gg has been
amended and passed and il is understood
that 10 will become a law.
The bill allows the formation Of private
coitJdtgUd0ms for religious, benevolent,
charitable, educational, or missionary
or scientific undertaking, including art
or music. Agricultural horticultural as
EOciauuOs, cemetery or crematOry us-
soclatious, roads bridges IN connection
with cemetery, bridges ferries, stage
lines, telegraph or telephone companies,
navigation companies. water, light, heat,
gas. electric lights or motor companies,
mining companies, with power TO
sell goods, wares arl merchnn-
disc, printing and publishing com
pauies, with power TO sell goods.
wares and merchandise. such as
pnpcr, stationery ard blank books, hotel
companies, building and loan nssOCin-
lions, with power To- build, buy sell, mud
subdiyide property In towns or suburbs
within two miles Of corporation lines.
transportation companies. immigration
cOmponics constructing companies for
sewers. stIput. suburban or belt railroad
companies with right to build, own aud
construct union depOts. such companies
not 10 bc exempted from street improve.
mont assessments; market house COM
pgnios, canal companies for irrirutiug.
navigation or manufacturing. Cuustruc-
ton of h1rbOrs or canals on the Gulf Of
Mexico nursery hnd seed companies
who may purchase or lease necessary
lands, mills gin, compress. grain, clc-
vntor aud warehouse companies, stock
yards companies. preserving and canning
companies clearing house associations.
water power companies, railroad aud
bridge construction companies. bicycle
clubs and other innocent sports, water
transportation companies. land companies
to buy aud sell lands n other states. but
not Ton this. abstract companies. river
improvement companies. associations
for preservation of fish and game. yulun.
topr fire companies, societies for pruivc-
ton ut women, children and nnimuls.
s1niturIuiu companies, fire. marine. life
and livestock Insurance companies, to
construct steam and electric plOws for
breaking land, fidelity. guarantee uud
gortrul idurnry cumpuuics
Sections - aud 20 are the ones most
criticised aud they ARE therefore given
Don fun They authorize pumpluip. tn hr
formed Tor "thc purchase and sale of
goods vurps and merchandise, and Hgri.
cultural aud farm products The mum.
hcr of persons Incorporating for such
purposes shall Zoo mo- instance hp less than
trn, nor shall amy person hold or own
more than 5000 Of such stock, and ANS
person holding and owning more
than SJUJ of such stock shall hp
liuhr for an debts of such corporation:
provided that the provisions ut this sub.
division shall not apply 10 any company
Incorporated for the purpose of construct.
INK maintaining and carrying on grain
elevators
For the purpose Of buying aud selling
goods, wares and merchandise OF any
description hy wholesale. but the lmita.
tinu upon stock and stockholders no cor.
porruons created under subdivision -
of This article shall not apply to cor
pOriutions created under this subdivision.