The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-12-12
AS VIEWED AT AUSTIN
Matter to Be Discussed Before T..,,,
seventh leslsisllxs ~
ADMISSION OF FOREIGN coppop.r,a,,
Weak Points In the statn,.
ing This Eeature--llow e s,a ''''
Galveston.

Austin, Texas, December !,
Special. The time for the m.s,, 's'a7
the Twenty-sevenih leei,Ia,,,. us q
near at hand il is proper 70 "a, IL.
ton to certain weak points a. 4. 'sa1
utes governing the admission (, s'as1
corporations into the STATE ss
no limitations are placed upon 4,
corporations seeking to do basios.. q
Texas as to the purposes for uh,.s :,
are formed; as TO the places whers ,s ~
business is to be transacted. !.
designation Of directors or tr,s,a. ~
to the names OF their of,oe.. u
location OF their offices: nor Is. ab.r. /
requirement. that they shall b...
office or officer situated in ara 800, u
Of Texas. The purposes H. n,s,s,
nestle corporations may be t,n.,s, 1s'l
ntty-hve in number. but the IN
lent in this respect with rerara. !. =,
eisn corporations. and sublec. 4 sn.s
cohsuuctlon as would give them oa...
Fages' privileges and immuuities -.
enjoyed by domestic corporations
In addition to filing with the ...,.
tary Of state their application for Y.
NIT TO do business in Texas foreign ~.
| potations should be reduirea Z q,
authenticated statement setting to-ts
SUBSTANTIALLY what is required 81 don,as
TIC corporations seeking charters ma.
the terms of article 64s OF the rsv,..s
statutes, to wit; Their name. ~ q.
pose for which they desire 10 a. NJ,
ness in the State, ana the pamo 4, \. /
place or places where their business /. !,
be transacted. Substantial data cop.e,,
ing their directors, trustees ana o,oes,s|
srould also be given as well AZ tho
ana ADDRESS in Texas Of some oihre,
authorized to receive legal notices sosI
process. Furthermore statement j
all charter amendments fled since tba|
ming OF their original articles q, inear.
poration. especially those arsct,ps
changes in the amount of capital soes
and matters Of that kind might be rs.
quired.
Great as the necessities OF Galveston
seem to bo aud much as has been ssIi
about legislative action in the direction
of moasurably satisfying them. no sugges.
ton of a feasible plan Of State relief
has yet been made. Some think that iheI
state might assume the expenses 81!
running the Galveston city government
for two years; others arc Of the opinloa
that Galveston should DO exempted from
State taxation for fifteen years and
third set of students Of the situation ars
sure that a million. or so of school monsy
should be lent the city at a low sata
of interest to be used in raising ils
I site. In each instance the advocates
Of these separate propositions are "a
riously at fault. for the Legislature j
without authority 90 adopt either q
them. The legislature has consttutictsl
warrant for granting aid in case Of plg.
lie calamity however. provided i nai
the means at hand wherewith 10 ahcrf
it, In other words. lie Twenty -soyenia
Legislature could. if after having passes
the general appropriation bill It foaFf
that surplus OF general revenue wouis
accrue when the items enumerated y
said bill had been taken care Of, appro'
pirate as much Of said surplus AZ II sas
ct TO relieve the wants OF actual sue
ferers from the last September nu'li'
cane. Judging fnom the comptrol'e7
figures. though, and taking II for sranlss
that the next legislature will Keep W
mace set by its predecessors IN inc pas'
ter OF appropriations there will % %
surplue. albeit a safe balance may "
expected for the next two years
raise money with which to help Jaw
ton therefore an increase In tne
OF taxation would he necessary ~
right here the constitution in'epp0,'s
an insurmountable obstacle as Y n'a"'
the power to levy taxes as 'oiloNs
levy for such purpose as that y
gested by Galveston's condition ~
ing aiming the permissibles
Article 3. section 4s.--I'he les'S'as
sb,u not have the right to levy ta's'
or impose burdens upon the pe0ps 4.
cent 70 raise revenue sufficient iot
economical administration OF the sos0 III
ment. in which may be lhcia's1
following purposes: as. mon tss
The payment Of all interest," uto-
bonded debt OF the State !, nublis
The erection and repair q
buildings ,nrd whlra
sball moi he more than per Enc
the nnblic debt; and for the y, s XIX
Of the present floating debt Of Inc snsuI
Including makured bonds for tne gsarUais.
OF which the sinking fund is llisu,s shI,h
The support Of public schools = n,,srsI.
shall he included colleges ana un ~ lie
ties established by the state III.
maintenance and sul .Jort OF W. n.y. Il
cultural and Mechanical
Texas. oasessins
the payment OF the cost o. ~ ray5
and collecting the revenue anu eS,,,oogt'. |
ment OF all officers, agents am ID Isd-
OF the State government anu asi.h
dental expenses connected 'ns, rh,ui thu
The support OF the biinu s,s cenes |
deaf and dumb asyium, pae a's M STATE.
terry and the public grouncs y ..ne resnlss f
The enforcement OF quarlnt'no
tons on the coast OF IeSas,