The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-03-12
THE HOUSE.

Austin. Texas. March ll.--After having.
on motion Of Mr.. Robbins invited visiting
members Of the Cattle Raisers' assocla-
ilon to the privileges OF the hall, the house
this morning proceeded TO dispose of pend
Ing business in the shape OF an amendment
TO the act defining the purposes for which
private corporations may be formed. which,
proposed to withdraw the benefits of iu-
corporation from. all associations not of a
Quas public character.
Tho chair announced that he would
entertain amendments TO the sections
sought to be stricken out hy the gentleman
from Williamson. and they were offered in
plenty, Snly to be tabled almost as soon
as ready. Mr.. Fishers amendment hitting
the ceiling along with the others
An amendment, by Mr.. Humphrey pro-
ydlug that guaranty and surety companies
may be appointed by the court to act as
executors in the absence of an application
and appointment OF an individual was
adopted.
Mr. Dickinson c,fered an amendment to
the act proposing the addition OF an article
thereto providing for the creation of cor
porations for any purpose not contrary TO
public policy and good morals
II was opposed by Messrs. Carpenter and
Rugan.
mt nutlF9 Hioibhti 10 bui'Hu Tue i'lth-
inson amendment by exception from its
provisions corporations with banking and
fascinating privileges. On motion of Mr..
Fisher hcA amendments were tabled
An amendment by MIR. Fisher providing
that each stockholder2in corporation shall
be liable for all the debts Of such corpora
ton to the extent Of the face value of the
stock owned by such stakeholder. whether
fully paid UP or not.
Messrs Wall and Shelburne favored the
amendment and MIR. Ayers opposed 1t.
Also Mr.. Ward and Mr.. Blair offered an
amendment thereto providing that 1t shall
NOT apply to quasipublic corporations.
which. on motion OF Mr.. Fisher was laid
on the table. a vote hH..ing been ordered
the Fisher amendment was defeated.
Mr.. Bumpass offered an amendment to
the section providing for the Incorporation
Of companies TO build railroads TO ana be-
tween miues, gins, quarries. manufacturing
nlants and mills. which amendment de-
Clarcs that all such companies shall not
erty until they shall declare themselves
common carriers and place themselves un-
der the control OF the railroad commission.
Adopted.
Mir. Bailey offered an amendment to the
effect that the provision recurring an oath
that 50 per cent OF the capital stock Of
proposed corporation has been subscribed
and 10 per cent paid in rs prerequisite to
the filing of charter shall only apply to
corporations with capital stock and con-
Quoted for profit. Adopred.
An amendment by Mr.. O'Connor applying
the Bumpass amendment 10 railways run
ming 10 and from breweries was adopted.
An amendment by Mr.. Blair simplifying
the section applying 10 the incorporation OF
street car. belt and suburban lines by CIV
ing them snecfic authority to carry freight
and passengers was adopted.
The bill as amended passed to third
reading by a vote OF so to 1s
Senator htlee's bin applying the stat
utory limitations upon the land holdings
of corporations not engaged In the land
business 10 corporations operating In
urincorporated towns and villages was
passed TO third reading.
Senator Lewis bill providing that where
n party Is too poor IA paw for a mandate ~
the court Of civil appeals he shall make
affidavit TO the fact and tho mandate shall
he Furnished was passed finally with the
clause attached,
Adjourned until 2 n. m.