The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-01-04
House and Senate Hold Two Ses-
slOns and Several Measures
Are introduced.
CLAY'S FRANCHISE TAX BILL.
Speaker WhitecOttOn Assumes Ills
POSt-Number Of Clerks To BE
Employed Is Causing Con
siderable Speculation.
EEiIELf. SPECIAL.

| EEiI EI.i' SPECIAL.
/ Jefferson city. Mo. Jan Every train
out Of jefferson city to-day carried dis-
( appointed applicants for legislative posi-
tions away from the capital By tonight
I scarcely single candidate defeated AT the
| party caucuses was left I'm the city. though
/ good representation Of applicants for
| clorkshirs still lobbicd In the corridors.
| G0yernor-elsct Dockery reached the city
| on an early train this morning. lie spent
| the day shaking hands with friends who
| called TO see him at the Madison House.
whore ne put up and In visiting the Cap
! itol.
Il come merely to get better acquainted
! with the members Of the FOrty-first Gen
! cTal Assembly" he said
Each branch Of the General Assembly
/ held two sessions to-day. In the House
not bill was introduced. In the Senate
| three were presented. the first was one TO
/ tax franchises The bill was simple and d.
| rect II provided that each and every
! 90 mpany. corporation. association or indi-
| vidual now or hereafter having or exercis-
ing any franchise in this State not allowed
| 10y law To natural persons. except such
companies. corporations. associations or IN
1ividuals as are exempt from taxatiOn ny
by the laws or this State shall. in addition
II the other taxes imposed by the law.
cents on each $40 valuation Of its fran
chise ia this State for State purposes. ana
10 cents on each 500 Of such valuation for
the payment Of the State Indebtedness and
q local tax thereon TO the county. CITY. NJ
ccrporated town or village. taxing district
or school district wherein the franchises
may he exercised. said tax to he collected
as other taxes are collected for like pur-
poses
How Valuation Il Reached.
II also urovided that the value "f the
franchise for assessment should Oe 'e'tf-
mined ny deducting the amount oi the
actual lar value Of the tangible property
from the market value of the entire stock
and bonds on the first day Of June tf
each year.
In addition II prescribed the manner and
time Of the collection OF the tax. ana r"-
vided for a sworn statement each year from
the chief OF the franchise owning agency
declaring the amount and value on the
stocks and bonds for which the agency
was capitalized.
Senator John S. Clay Of Farmington. st.
Francis County. introduced this. the first
franchise ia king measure thus achlevins; a
distinction TO which many In both branches
had aSDirCd He Is n Democratic hold
over senator. lawyer, who for twelve
years was Probate Judge OF st. Francis
County.
The second Senate bill was introduced
10 the rcfundinS Of county. township.
school district and other bonds. allowing
county courts to call an election to author
ize refunding. The bill aims TO straighetn
out tangles Of reconstruction times. which
caused some counties to refuse payment OF
their own bonds.
The third bill. presented by Senator Clark
os jackson. proposed to add one Judge to
the Jackson County Circuit bench. at a
salary OF $500 year, and 10 increl . the
salaries Of all the judges to that figure %
soon as their present commissions expired.
S2C50 to be paid by the state and S2.1O hy
the county. The present salary Of the
judges H. $3.50.
House Completes Organization.
The House consumed the morning in the
formality OF completing its organization.
Speaker Whitecotton. was escorted to the
chair by a committee composed OF his op-
pOnents Dickinson, Blair. Voolfolk and
Woods. the Republican caucus nominee. The
new Speaker made "A short speech on assum-
ing the Eavel.
II want the citizens o, Missouri TO oh
serve my conduct Of this Office" he said.
There have been whispers and open declar-
ations recently impugning my fealty TO
duty. | shall show that no interest Of this
state has collar on WhitecOt;on of Mon
roe"
Eversole of Washington introduced into
the House the resolution limiting the num-
her Of clerks to lco which he had introduced
in tine Democratic House caucus.
There were queries as TO Its purpOrt.
Would the elective positions held by cOun-
ties be counted as part OF their patronage?
some members inquired.
wen have to do they do In medical
colleges when the dissecting Is completed.
vote vino gets the bones. EversOle an
swered. Woods. Republican minority lead
er. moved that the Republican minority b.
allowed stenographer to serve 1t. The re-
quest was granted without debate. Govern
or stephens VIII send his annual message
to the Assembly Tomorrow.
JOHN G. LEBENS