The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-02-24

PARK CITY, ueb. 2S.-Inquiry among
mining men of Fark City and vicinity
as to their views on the pending measure
now before the legislature, section 10 Of
which provides that all companies filing
articles of incorporation with the secre-
tary OF state shall pay to him the sum
of 90 cents for each $1,000 of the capital
stock up to s1,OO0c00, for each thousand
over one million % cents per $1,000 pro-
Vided that no company shall be taxed
more than $1,000 for filing. That particu-
lar section ia the bill is what the mining
men of Park City are opposing so Wig
Orously and as a result of the opposi-
ton to the measure q memorial will I'm
doubtedly be sent to the members of the
Fifth district in the legislature to make
known their wishes in the premises.
That every mine owner, operator and
prospector is unalterably opposed to this
ill-advised measure is we'll known simply
because, as ma ter Of investment outs de
capital will be deferred from seeking in
Vestments in mining way in the state
Of Utah. The ostensible purpose of the
act is 10 inhibit pernicious floating of
wild cat mining stocks On the contrary
it will put a premium upon this form
Of reckless mining speculation. and
no legislative measure that Is in oper-
alton in any OF our western min
ing states has been able to suppress
that IS in operation in any of our western
mining states has been able TO suppress
that very particular form of wild cat
speculation; while it has been claimed
by those men who are in a position to
know the special needs of protection in
such matters. that if the bill becomes
law. there viii be hundreds of companies
that would be willing TO do something
for Utah that will otherwise never be
formed, but viii seek Idaho, Colorado and
other states, where such ill-adViSed meas
ures do not obtain. In our new state
the doors should be open 10 capital that
is DESTROYS of investing in our mines and
not TO inhibit them by restrictions that
would virtually exclude them from oper-
ating in our state. People who invest in
mining properties DC so advisadly and upon
investigating their merits determine their
actions thereto. The opposition here is
firm and capable men are interesting their
best efforts to have the legislature forego
action on the obnoxious section until they
can be heard from. The action viii take
a practical form undoubtedly.
Senator r. G. Chambers came out this
morning from Salt Lake OF business con-
nected with his mining interests and
returns this afternoon 10 be present at
the capital when important measures will
be under consideration in the senate.
Frank Hardness. Of Salt Lake, has been
a Park visitor for the past three days
the guest Of Scion Spiro. who has shown
the visitor the workings of our great
bonanzas and mills. Mr.. Hardness is de-
lighted with his visit.
George Hall! mine host Of the Park City
hotel, returned this morning from four
days business trip to Salt Lake.
The Mother Goose entertainment and
social given at the opera house last even
Ing by the ladies of the NJ. Z. church,
was a social and financial success. The
programme was tastetully rendered and
everything connected with the af1au was
appreciated by The hundreds who at