Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1897-04-08

createu. But decision or The Supreme
1 Court removed those restrictions In a
case brought before it, and ii was
decided that corporations should be
allowed to exercise jurisdiction in other
States just SO far an the comfy of those
States allowed. A very large part OF
\ the corporation husiness Of this State
Is transacted with the corporations OF
other States-a very large roportion OF
the business. | think the chairman OF
| the committee CDR. Prattl is mistaken
whom he says that we should apply a
universal rule to oil foreign corpora :
tions DUNG business In Delaware, Mr.
Spruance then cited some cases in
which the cost OF litigation in Penn
sylyania was enormous, in answer to a
reference by Mr. Pratt to the CORPORA
tion laws of Pennsylvania. In closing
he claimed that The best method to
pursue in the natter was 10 leave it
wholly to the iudgmentof the General
Assembly.
Mr.. Ellegood said be had thought
considerably over tho section and
could not conceiye of any harm it would
! do to the people of Delaware. He said
there was no doubt that the people OF
Delaware bad suffered many hardships
at the hands of these foreign corpora
tions, and that saveral whom he had
talked to on the eubject-especial
farmers - believed that tho section
should be passed as protective
measure. At the present time wa in
vite the people of Pennsylvania TO come
here and do business, while In the
Pennsylvania Constitution there is a
restrictive provision. intend to vote
for this section, said Mr.. Eliegood,
because think it with not work any
hardship 10 the people Of tha State; il
l din, l should certainly Oppose it.
Mr.. Burris said that while 1T was
undoubtedly desirable 10 restrict the
privileges of certain CORPORATIONS doing
business in this State.sit would GER
tainly initiate againat the people
should a sweeping corporation law be
adopted requiring O corporation to
havo an agent in this State. lie
claimed that 1t would be infinitely
better to allow the General A ssemhly to
deal with the question.
Mr.. Bradford said it was not neces-
sary to provide that the Legislature,
which already had plenary powers,
should deal with the subject.
Upon call OF the yeas and nays the
motion to adopt the section by vote
of 10 to s, Mr.. Clark declining to vote.
DIR. Pratt, as soon as the vote was
announced. said that he had some
other matters which hetoesired to in
troduce. but would wait until the
people were represented. tsl
Mr.. Spruarce objected to some of
the provisions in section ], which was
adopted while he was absent through
sickness
Mr.. Bradford said it was not naces.
sary to confer upon the Legislature any
power which it already Possessed.
Mr.. Cooch moved that SO much Of
the report OF the connit ttee as had |
been adopted should be- reported as a |
substitute for section II Of article 2, of
the Constitution. Mr.. Spruance op-
posed the motion, and Mr. Cooch, at |
the suggestion of Mr.. Bradford, the |
motion. and the latter offered an amend |
ment to section 1, as follows:
"No general Incorporation law, nor |
any special act of incorporation, shall |
be enacted without the coneurreuce of |
two-thirds of all the members elected |
to each house of the General As
sembly." A
Mr.. Salisbury wanted to further
amend BY requiring that no act Of in
corporation, except an act for public
Improvement, should be granted for a
longer term than 20years, but he after
wards withdrew his amendment and
tho committee at 4. 10 aross ana was
granted leave to sit again. The CON
pention then adjourned until Wetlnes-
lay morning at 1890,