The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-01-09
SECRETARY or STATES REroRr.
Receipts DOuh,c Those at the Pre-
ccstinu Tyvo Years

austin. texas, January V.--Thc report
OF J. W. Madden, krcretary OF state. wsc
mnde rnh,,, to,av Resa,a,np ,ha fror.
49, -. - -
epsc 'eA' .ho ispo's says
| The Twcnty-hfth legislature passed an
act (see chapter 100, rage 1851 amending
tho fra,ch;sa ~ ,.r ,,b.r.hy tha IA :
was consaaeraoiy increaseu' especia'ty On
foreign corporations, the tax being grad
tratcd according to the amount of the
author,,aa .a,,i,a, .,e,L :, ~. cor,,o~. :
~. u ~. :. ,s,''
''on' me law mas worked aamiraoiys
has largely augmented the revenues OF
fees OF tho office and gives X, o<a. domes-
a.. oxrror.,,sr ,,,.,,...,., xh,.h -
-, m - -.
Saiu as aitosetner desirable anu 9usL nun
s'"as pro.ection 10 our nome CORPORATIONS
mas among osner sleBed grounnss tur-
l n1sneu ptcseAt 70 some tofeikn corpota-
eions W cnsest t0a t&M ny sWts IN sne
e eoufns aeaanst tne secretary OF stauA I1e
n . Vi tuese SUITS was utouSuN Al Sno
etase sdl9Ge ane S0vet an mahuSmus pro-
ceeulng, wherein u was Grained taat the
new law was unccusututionai ANA voos
anu sought 20 compea une secretary OF state
70 receive the sum o. Wy, me anoun< OF
TAX imposed Dy tne oid law. IN iuaa Al
!siaction OF the TAX que. inc court re.
FUSED 70 grant the relief asked This SUIT
was Drought by the Arkansas building
and Loan association. corporation organ
lzed under the laws ot Arkansas, ana
AFTER failing to annM tho law IN our
stats court the same corporation protght
ahotfer suit IN the Federal dlstrict court
~ Austin, wherepy ~ was sousnt 90 ehJoin
tne secretary Oh state from colectins tue
TAX uue under inc new law. Inc court
REUSED 70 grant tne renet prayeu lor' anu
neiu tne act 10 pc constitueionai. me
corporation appealed from this decision.
and tne case 70 new pending In the su-
5preme. court OF the United states. me
amenaatory act also cured the dcfect ~
the CID law with reference TO the question
OF notice wnich the secretary OF state
Is required 70 give all corporatlons. potn
oemestlc ana Iore1gn, before forfeiture
can lie taken Ohoer the oid law tne sec
Cetaiy OF state was SIMPLY required 70
nothy the corporations tnat Ine '~N WIS
que, Dut the law was silent as 10 now
mucn hotice snoudd pc gwen. me attor-3
ney general ueia that acvuai nol1ce WAS
meant oy That act, ana tnat this notice
was necessary 70 regal forfeiture OF the
cnarter or permit. as the case might PC
OF Nne CORPORATION. me new law, now
ever, prescripes the mantnr IN whicn suca
notlce SNAIL be given ana declares tnat
,vll us requirements are CONFUSED wion
s !, same snali cons,muuter iesHl anu SUI
nclent notice for all the purposes OF the
act
concerning the nnanciai statement, MI.
MADDEN says:
Inc hnancba! statement given peiow
SHOWS marked increase IN the receipts
OIL nnas department as compaaeu Wiun lor-
Iler years. Inese receipts are nearly
uouDIe WHAT tney were aMnng the Two
esais ii'tineui,1ely IAtceuins my .oths
OF ONCE, or those o. any previous Term,
anu Une increase rs que more 10 the DeDe-
felai operation OF the ianchise tax
ABOVE ,.,, discussed; than 20 hM osner causes
me report SHOWS llnuN sl'o,ses.of was
collected, distributed thuS: ;s