The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-03-29
Senate Y Will Give Give the b Matter, q
Thorough Conside dtlon. IL
COMMISSION SILENT NJ
ON.LUPTON RES UTIO
An Analysis Of the Measure-lt LeaxsOS
Practically unchang Cd the Man.tiis ss9I
ner.of Issuing Charters Tha VI SS2s
\. are at Presentin Vogue S3ss,,
g Cumbers some and issSEsI
0ilatory. 1:ss sEsS


OilatorY. M
The proposa of Senate Luptons on Ssf9l n
Eday.s.G invite tho! CORONATION ComnlssS n
sion to discuss II Ilouse hl1l t1te, III sconjunos
B ton With the COMMITTEES on Roads ana III
Courts o T Jus tico5 aud the earnest ohs All
jectons made 10 this proposit ton ibys Sens ii
8ntor Mel Ilwalne, have a wax ened 4 q new, N
Einterestf5ill that simoasl,re N The mem bsta
fot5thef Corporation Commission have sbeaa N
very reticelit Iii this ma ter,
Members Of the Corporal ion4 Commis4ss
Ision were seen vest terday. 4, but declined ste.
discuss tho Lupton solution. ex xcept# #tu MI
say that tStney Hware ling To- co o-operatas s
wi the committees of # the Leg gtAlaturdas as
iliEevery way 5ossi bleS to per feet he
seems likely on. that wi en- athe y;
does come UP III {tlld senate6ths sweek t
will receive fula more colsid era tion than
vas accorded 70 i iii the Fl otise, and
$bids1 fair to be as Gel ebrat led al ground Sfoy y
contention us IT'S liistrlous predecessoy
the Mann bill
Tho blll's caption rs n Concerning Cors X
sporations.,'f and It, proceed s to set foEtlS#
how corpora ions y IL tho III ture are to- q
chartered. }. cond ducted and governed VI and d
What ri-poYsl.s are to: be IA
II The first chap ars OF the bill sets ~
how any corporatl an tlla Al llroasss
teegraph. telepl pllone o.. VI. ca ia orS
any other col ny /, ned It tght5$oea
eminent domaln, may red :.3,ssss Fsrs
3finEs the InDst Sst r!kin % Mi
Schapter. said o. gent arln llsy i,b isSt hoFsss
Soughty conyersant wit rate g mat
,1tfSs<
method required for ohtal hing ever the
Simplest :cllarter. 1tswas hough M byY tho N
trainers OF the Const. It'll ton that tina N
entire matter . taSisslllng cha tiers ana
8kpepi,ig a. record A OF II corporal Ion .. thera
names RI, their places u OF 4. business the
y powers etc., would be I'm 8 the hands $oe
the Corporation Commiss ion.sS a IND eed, s$it
was one OF the bjectsS iof the tramey.sGs
$of the tuition to sim tho SIZE. \
&nttonFund agovernarce fofS corpor Ions al N
far as possible ouse bill $l02 Is SiiiS
y1npathy&with5this ideas II has 9cnrta NJ yS
taken a very extra ordin mary ~ on sho w.
Ing II. for House bill s1oe Flea yes
cally unchanged the same siold Snetho
that are at present IN s,vo gue 3 thlsss
provision ofisthls BILL the incnrpolrcaa; n
muaf nrst take the articles Of incpr ~
/ tions 70 the Judge Of 4 the Circuit Y c:oprt Il
/ of Tie county, or the sCircul t. sCorpo orattol4
o. Chancery Court Of the corrnratlo lorl8s
wf,ere the principal office Isl TO- be lostss sss
ca ted. The Judge therepon cert hes w
ther, In his opinion, the cart 4 1cata
signed properly. The rtifcate ~ 20 snSs
sdorsed BY the judge with the requiFedsss ss
fea la then forw ed IN 9 tfle
Ition Commiss wnlch eup9,l r.
certif,cate Of incorp ton AL OF
>prpers are then forwarded to the SC g e
retary OF the Commonwealth and recoFa( ~
al n pthe charter records OF his onlce ann !a
H., Nm returned to the clerk ot gS3 tl14 "
CART from which the papers origin
started. Not until the parer a!. mas V nsstl
lodged tor recorda ton II "a tne ,e o!ncs -
the clerk OF the cours .naS vs. ssN1
applying for z z 81
60! coFngrNr noYrmRERsoMp Nrrss;l ,s AND DIDATo
x .,Th,s, said the gentleman. 'is i3sS sa1 S8s
:, ore cum bersome and dilatory than ttne 2s
nresent method. It will work sFsslN5Ss
hardship on those who a. re " rensesSs5$ rem
districts. On the othe y.
oniv sto have }theirlarticles OF assoc.as sleMSsg
saned by seven persons before some l.i O.!
esr authorized to administer an ga VI
and thenIupon forwarding these q arttciss 81 S X
association to the Cooperation coHnNts'a5:
sion and payment Of tan requlreaapy !AN:S ~:
the railroad becomes wv =
CORPORATION, Discussing the mater q 1psrS
thsr \ Il was pointed out to The 4 tmeS.SS
NE, nisn,.tch reporter by a dlstin suished 3Sei
,nsmber of the constitutional Cow en- ton nj
that the Constitution OF ~ rgnla say
n section 1856 (a). THE State Corpora tlon II II
Commission shall be the dePartment os II
government through (which. shall pc stsssa
s,,ef, al charters and amend men1a or saA.sSs
tensions thereof for domestic GO rpor ~!
lions. and all licenses In this state e 80
business to foreign corpora Ion s n ra'ss
system. however. that is adopted In 81
nresant bill before the Senate for the
issuance OF charters to corporations othes% ~
than railroads Is claimed by It's opp0.Ss
nents not to comply with either the sle
Tar or the spirit OF the cpnsti titufi on, IN
that n still leaves the machinery for 81 ss
rranting, the charters In the hands of ths X
Courts and the Secretary OF the CONS
'''S'' i RESIDENCE OF ATTORNEY
Again. II Is objected that the name p&
the attorney In fact. who Is REQUIRED pS f
law Ia be appointed. In order that pros
,,ess NAV be served upon him In the city
or county wherein tha sprin ncipal NICE
of any corporation Is .ooated, y fecqlosf
In the clerks ofIlce of the court Or y, Coz
poratlon wherein said artnopai, nN1ca SlA ~
located, instead Of being 5recorded ~ spHs gS
central Office. There Ia always q EreeSS SS
Advantage In having all the 8infor atioFS
MS to the officers and attorney of orpo. f
ra ions kept on record In some \ cen trSl
placc which As certainly but 70 sonle exs 9
tent ~ this provision lost. uT1ers " ON ~
IA " when a person wanted y charter. IAN M NIX
plcatlon had to te made to q Judge y Ia Ss