Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1903-01-01
STATE HOUSE.
Governor and Council Adjourn
Finally Yesterday.
Large Income From Corporation Fees
and Franchise Taxes.
Fees Collected by the State Insurance
Commissioner for 1902.

Commissioner for 1902.
The Governor and Council continued
in session most of the day, yesterday
and, lin the evening, finally adjourned
for the year 1902. They will again
meet on Wednesday. Jan. Z, at o'clock
in the afternoon. Very little outside
of clearing up the business of the year
was done, yesterday; the work was
wholly in the nature of routine.
Hon. Byron Boyd, secretary of State
reported that the total fees for the or
| ganization of corporations, including
| the fees paid into his office and into
| the Office of the State treasurer,
amounted to $96,510. This is a gain
over the income of 1901 of a little less
than $4,000. In 1901, these fees
amounted to s57,474, showing that an
| increase has been made in 1902 of
| S39,036. The treasurer's report will
show, when completed, later on, that
the taxes upon corporation franchises
for the year will approximate 100000
SO that the total income to the State
from corporations for 1902 will be
about $4,000.
The Governor was advised to draw
his warrants in favor of the following
towns from the appropriation for the
improvement of State roads: Ashland,
Bridgewater, Caribou, Caswell Pl,
Dyer Brook, Fort Fairfield, Hodgdon,
Houlton. MacWahoc Pl., Masardis, Mer-
rill Pl., Sherman, Smyrna and Wood
land, all for 500 each and Perham for
SS2.26. These additions bring the to-
tai expenditures for State roads to
10,332.36, leaving a balance unexpend-
ed of $4,667.64 of the $4,000 appro-
priated by the Legislature of 1901.
Although the clerks in the treasur-
er's office worked upon the books until
midnight, the balance in the treasury
was not reached. 1t will probably be
Forthcoming. today, and it will I'M
doubtedly show splendid condition
of affairs,
Hon. S. w. Carr, insurance COM
missioner, has received the following
fees for the year 1909:
Licenses to: 142 companies, $3.50; 1910
| agents, $3.50; 653 agents, S2612; 1o5 agents
| 3ooo, u eiSotiito, pro, . eiSoCito, pcV, IVt
brokers 5000; broker, $40; 6 SIP. brokers'
| $120. Filing annual statements: 5 com
| panies. SIS; IS companies $3.50; compa-
| MES, S45. ~ companies $40; companies,
| $125; 2 companies. $50; annual eXamina-
| ton 4 companies, $50; filing copy of char
| ter / company s2O miscellaneous re-
ceipts. $1,000. Total, $16,694.50
In 1901, the fees from the above sources
amounted to $16,52050. This year, no fees
were received from four Maryland COM
| panies which in 1901 paid $1120 more into
! the office than the same companies paid
this year. The Legislature of 1901 passed
| Il retaliatory law which imposed the same
| tax on companies of other states doinS
business in this State that those states
| imposed upon Maine companies for the
privilege of obtaining business Within
| their borders. Maryland had tax of 1896
upon foreign companies, but when Maine
imposed the same tax the Maryland legis-
| lature last session cut down the fees to
$20 which is the price in this State.
| 1t is understood that Gov. Hill will
make no changes in his military staff
for the next two years. The official
announcement to this effect Will be
made on Thursday next.
Major General Farnham is in favor
of having q special State encampment
for rifle shooting the coming year.
The following companies have filed arti-
cles of Incorporation at the office of the
secretary of State:
| The Moorland Co., organized at Kittery
for the purpose of carrying on general
manufacturing business, with $lOo,0O0 cap
ital stock of which nothing is paid in.
The officers are: President Chas Z.
| Prince of Kittery. Certificate approved
Dec. 81, 1902.
New York and Portland Realty Co., OF
ganized at Portland for the purpose oi
dealing in real estate, with $i0o,Oog capita
stock of which $500 is paid in. The ON
| GERS are: President, LleWellyn M. IelSn-
ton of Portland: treasurer, Edward =
REYNOLDS of So Portland. Certificate ap
proved, Dec. 81, 1892.
| White-Dunham Shoe Co., organized II
Portland for the purpose of manufactur-
ing and dealing in footwear, with $lt09W
| capital stock OF which nothing is paid in
The officers are: President and treasurer
Henry Dunham OF Brockton. Mass. Ger
tiiicate approved, Dec. 81, 1902.
West Side Sumatra Tobacco Growing
Co. organized at Portland for the purpose
of dealing in real estate fer the cuitlNa-
ton of tobacco, with Soe0.GJ6 capital stocl
OF which $50 is paid in The officers are
President Orrin l.. Lord of Portland
treasurer. Edwin d. I-ehan of Portland
, Certificate approved, Dec. 81, 1902.
, The Venture Oil Co.. organized at Au
, cusIa for the purpose of mining, drilling
and operating for petroleum oil, will
100000 capital stock of which nothing /:
| paid in. The officers are: President, +
: H. Dutton of Augusta; treasurer, FIRE,
w. Lee of Augusta. Certificate approved
Dec. 81, 1892.
Hanover Excelsior Co, organized at Do
/ yer for the purpose of manufacturing ex
, celsior with $4,000 capital stock of whici
nothing is paid in. The officers are: Pres
: dent and treasurer f. e. Guernsey o
Dover. Certificate approved, Dec, 81, 1902
Philadelphia Excelsior Co.. organized
, | at Dover for the purpose of manufactur
ing and dealing in excelsior with $3.50
i capital stock of which nothing is paid IN
fThe officers are: President and treasurer
!, f.. e. Guernsey of Dover. Certificate ap
proved, Dee. 81, 1852.
, The Eastman Co., organized at Frye
! | ttfa If mr.,