New-York tribune., 1903-01-09
FRANCHISE T.4I Law.
Dauies's Report Speahs Of Impor-
faace of Pending Decision.

Albany Ian. S-The annual report of the retiring
Attorney General. John g Davies. says of the spe-
,isl Franchise Tax law that the Attorney General
has settled proceedings adjusted valuation OF
Sl4 so saS 20 the final orders providing Tor inc
payment OF taxes to the amount of SSloloi a. IN
addition statements now pending SpedAills
of the decision pending i'm the courts on ''ie
-onsfitutionality OF the Ian. Mr.. Dawes says
rbat irs inonortanCc can hardly he oVeresu-
mated 1t viii add TO the tax rolls OF me
state property to ;hS NaIue OF about S1eR"'AV"'
which has not before been subjected 10 taNauoh'
and which is constantly and rapidly increasing !"
zinc Already taxes aEsreratinE upward Of S20't-
,,a have been levied under this act and are no"
due and payable.
Mr Davies speaks enthusiastically OF the ne"
LAW on reociyerships Of insurance and banking cor
porations. He says:
1-,scr the old practice the receivers took the
7,-,,ner4v al its sock value" which was in most
I-st sc15 circumstances the receivers Were loath
10 sell the property Al less than it, book value ana
fbc 1,ronery had SO deprecated that the prices oo
1ained detrimental TO the eSl51t i 7ii,Itpr
.e r5evv r1rsCricc apprai~alS are made pE 2
Ssre5 aprirsiSers without regard 10 the BOOK Ed44
of the property and the receivers are ins a9e C @
corporation INFO cash ms laCL ,ij No rt1r5 tends
40 insure a fair and proper valuation by 'he aP-
a. TO the allowances attorneys. it has been
found much more Satisfactory 70 40 ils,ioT in s5-
vance Contracts have been made IA 4iI Sd ~
5,9- since the neW Lar enacted ana IN many NAM
- -, C-,see ts-ar reudirE in which the compensf-
io, or ne 3ttorneys i less than one-hai OF what
n v-orIld have been lsuGeT the old system. -,
ATrea6y over twenty reCeiYerShlpS nave pttLl
losa5 or substantially determined since IIt -"
,-anf iofo effect and proceedings are no" ptlaS7
Nh, rforarrc 10 an the other receiVershlps a1ecl-
I'd bv the act. a the time Of ITS passage
OF prosecutions cer violations OF the eleclloh la
in the metropolitan district Nj. Davies says:
There mas been rendered ly this branch OF me me
der-rneDt OF the Attorney General during me !St
wear q large OF public service. MLlcu 1-it i!%
faia5 17D0n The office labor OF great extent VIII
Il- entering into elaboration. il Is suihceft 20 say
-7sf The work this bureau mas CONSISTED ~ fi'-
,-lsiDc intending voters. consultations Will alC az
,i,a rendered To- the superintendent OF f-leCLiIIS
and his many deputies, the receiving and eAlllIl-
of fled the examination ol a idls
,1t5-,,Ier Of witnesses the office OF tbe Sule5lI
fderr Of Elections before the grand jury ana a.
-riai -erm and also before magistrates OF laree
IN facr substantially all the alleged EloauonS OF
SIC law in The metropolitan elections district nave
during the last year been investigated dIIur III
79r0T1er cases prosecuted by this bureau .
Tho results have been satisfactory ana lAe tI
f0rcerent OF the law has had a oeterrent eS. eIleSt
1,n1n 2 large class of people who Were iorIleIlH
offenders The work OF this bureau Tor the IdSS
>esr is al present time, subStaIltlalIE cIosel,
,yirb The exception Of that class OF cases Nhlch
1lt necessarily await the disposition OF the courts.
The report summarizes the extensive htlsauoh
under the Civil Service law. showing results IN ia
cases as follows: Decisions favorable 10 state Civil
service Commission positions inyolVedl 80: dd-
,-e-SClv hut on appeal. 3S- cases Wflere peeptoI
writ vas complied with, i. penang at sIeclai
-arr