Shiner gazette. [volume] (Shiner, Tex.) 1893-current, 1897-06-16

tons and authorizing and empowering
them to hold purchase, sell, mortgage
or otherwise Convey such real and per-
sonal estate as the purposes of (such
corporations may require, and also to
take, hold and convey such other prop
erty as may be requisite in order to
obtain or secure the payment of any
Indebtedness.
Amending the franchise tax act so
as to hereafter provide for the collec-
ton of the following annual franchise
tax: For domestic corporations having
an authorized capital stock of $50 900
and less than 100000, 500; for domestic
corporations having an authorized cap
ital stock of 100000 and less than
5000 900, $50; for domestic corporations
having an authorized capital stock of
100000 or moro, $50 For foreign cor
porations having an authorized capital
stock of $25, 900 or less, S25; for fereign
corporations having an authorized cap
ital stock of more than $4,000 and not
exceeding 100000 $500; and for for
eign corporations having an author
lied capital stock of over 100000
$500 and 81 for each additional $4,000
above 100000 and not exceeding
$1,000,o 900; and if such authorized cap
ital stock exceeds 81 900 900 then such
CORPORATION shall pay a still further
lied capital stock of over 100000,
over and above S10O0000. Sleeping,
dining and palace car companies are
required by this bill to pay an annual
tax equivalent to 21a per cent of then
gross receipts on business done in the
state.
EXempting Maverick county from
the provisions of the hide and animal
inspection act.
Creating more efficient road system
for Marion county.
Creating q more efficient road sys-
TEN for Calhoun county.
Amending section ., chapter 1872, of
the acts of the Twenty-fourth legisla-
ture establishing special road law for
Dallas and Lamar counties.
To prevent the introduction of scab
disease among sheep and preventing
the spreading and secure the eradica-
tion of same, and providing method
of examining scabby animals, etc.
Changing and framing the time Of
holding court in the Thirteenth judi
cial district.
Restoring tho civil and criminal jul
'risdiction of the county court Of Lam
pasas county.
Prohibiting the herding of horses,
mules, cattle, sheep, Foats or hogs up
Oll IlG lollu VI dnOllltI TDu Wlluln Out-
half mile of the residence of any citi-
zen of this state whenever the owner
lessee or legal representative of such
land shall forbid such herdine This
| bill does not apply to droves hold for
shipment, provided the owner thereof
shall pay the owner of the premises
| reasonable pasturage and for all dam
age done by said herds.
Repeating articles 421Sd and 421Si,
chepter la, title 81, of the revised
civil statutes and providing for the
classification of all lands belonging to
the various public funds. Also per-
hitting the purchase of two sections OF
agricultural land by actual settlers. All
| land purchased in excess of one sec
| ton must be situated within a RADIUS
of five miles of the land occupied by
the purchaser. Forfeiture forN any
cause of the above section before three
years. residence thereon has been com.
pleted shall work forfeiture of adj
ditional purchases. Any actual set
tier, owner of and resident upon any
other lands contiguous to said lands
or within a radius Of five miles there
of, may also buy any of the aforesaid
| lands. The bill also reduces the mini
mum price of agricultural lands to S1.5C
| per acre and provides that no lands
leased west of certain line shall be
sold during the term of the lease.
Amending the act providing for the
creation of private corporations so as
to authorize the incorporation of asso.
Citations organized for the purpose OF
acting as administrators of testament
airy guardians where appointed by the
COURTS to make bonds that may re-
quired to be filed in any judicial pro-
| 10 ,@10 LII
employees, etc. This bill further au-
thorizes the Organization without cap
ital stock of mutual fire or storm CT
lightning insurance companies, and
provides that companies organized for
the purpose of building lines of rail-
road to mines, gins, quarries, manu-
featuring plants or mills, etc., shall
have no power to condemn private
property unless declaring themselves
public highways and common carriers.
The incorporation Of companies to ex-
cavate maintain and operate drainage
bitches, canals and fumes Is also au-
thorized, and street railways and SUI
burban belt lines carrying freight are
placed under the control of the rail-
road commission.
Providing that twenty-five of the
qualified voters of any incorporated
town of not less than 500 nor more
than 10000 Inhabitants may petition
the county judges to order an election
at which the question of abolishing the
corporation shall be submitted and de-
termined.
Providing that constables may APP
point deputy in cities of $500 or more
inhabitants.
Providing that the money of wards
may be loaned upon notes secured by
mortgage, with power of sale. on I'M
incumbered real estate situated in this
state, worth at least double the amount
of such notes and interest, or on col
lateral notes secured by vendors lien