New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-22
NETWORK DAILY TRIBUNE. THURSDAY. DECEMBER o. 1904

ton Of mas the been 4 gradual development or eabosa
growth and 81 definition in accordance with The
now praGGueay an the great Industries may be
purposes ,oJeSt to federal authority for certain
stituton 'ne eon-iletce el~ase o. me coA-
insurance companies are included specifically
b li,f nc work of obtaining useful information;
iy'., OF The decisions Of our courts regard
1oirlLniisstoher over Insurance companies requires
Special consideration
0og y- insurance corporations OF the compulsory
legal basis 1Tnilissioner rest upon the same
oG1or Insurance Is in any OF forms interstate
can he H 3aRa SIC has Judicial powers.
trectlT 2eeassi,es+'e individuals otnec tnan those
scope OF MS duties. he mus yoke the ala Of a
ie ' court Tor the enforcement of his proper
4 more general, though non-co11pulsory. power is
compile ana publish mo, Of - h 20; te
coenh cnrnor rae ara Labor ussfl information
easns IN interstate or foreign commerce, including
he shall also perform such other duties as NAV
hereafter be provided by law.
LEGAL WORK OF THE YEAR
The objects toward which the legal work of the
bureau has been directed are as follows:
First-To ascertain fully as possible and present
corporate business is row being caftSd on no IN so
80 - SuSn CONDITIONS are peculiar 10 sucn corpo-
Second-To ascertain and develop fully from court
powers ana restrictions upon Whc3 sem CoH!
olHoItS are based. and also those which must nee
essarlly be involved in any futur, legislation for
me Improvement % the present legal corpora e
conditions.
In pursuance Of these general purposes the legal
"U'h oI lhe year has oeCn follows:
- 10 ueleIlnlhe the legal conditions of corporate
record Of the statute aw governing the creation
ana operation Of corporations. reduced 10 sucn
49, 60, ne 4tutoiE provision relating to
6tNesIL sopic' IN any state, would be Immediately
a. alIdoIe. An early undertaking, therefore. was
o1iip-Iatloh OF state and Territorial statute law
ing TO industrial corporations. The pan OF
this compilation differs in several particulars from
me pan followed IN other compilations of the same
general character.
Early in the year an Investigation was begun
ana mas since been carried Oh, by special agents
OF me bure2n OF Corporations at the several state
this investigation, which have been, in a large
hg.tSlh e. aUHeN ca, ~ ere follows.
trst-Ihe collection of every item OF informa-
uon concerning IN more Important colpu. IONS.
joint stock companies and corporate combinations
prcsumptiveiy engaeed in interstate or foreign
commerce, chartered by given State, and dis
Second-The entertainment of the actual work
lfsS ana practical emclency the State laws, so
showing the character, organization, membership.
control, capitalization property, or operations of
cCrporauons within the State.
-, IhH1rq-Io Show the exact nature and extent of
from official sources.
Fourth-The general course of incorporation in
The State, and all legislation affecting the same
also the general policy of the State toward cor
poraLons domestic and foreign eXemplfed by
further. such special unusual laws. if any. re-
garding corporations as might be found IN oper-
Beginning with those States whose laws are most
frequently resorted 70 by promoters of corporate
enterprises, the following States and Territories
have been visited in the course Of the investigation