Omaha daily bee., 1907-02-14
Lesder Makes Good in the House On
His Pet Measure
GREATER OMAHA BILLS HELD BACK
Changes to Be Made Before Being
Put on Passage
ALORIcH PUTS CHECK ON CORPORATIONS
ohers Bill 60 Require Publicity aaa
Permission Before Additional
stocks or Bonds Can
Be Issued.
From a stan corrn.nnnasn,l

NIVtn Slan Correspondent)
LINCOLN. Feb. 15.-(special.l-Th house
this Afternoon endorsed Governor Shell
don's recommendation for the taxation OF
mortgages on real estate after a hard fight.
by recommending for passage in the COM
rnittee Of the whole OF H. r %, by Davis
OF Oass- At the morning session Ieeier
4 OF douglas won victory over the Com
| mercial club Of that city when the bousa
made it possible for him TO at least psr-
tally redeem his pledge to the Omaha fire.
| men, by recommending for passage the
DLl providing Tor two platoons for the
Omaha fire department
The senate defenders and opponents OF
the bill providing street railway commands
may own interurban stock got together
on companion bin by Aldrich and rec
4 commended the measure for third reading.
The two bills are 10 90 along together.
| Ihe Deeoer bill received almost the unan-
imous vote Of the house members, Dodro
and one or two others answering No in
/ opposition to it. while the Sheldon recon-
mendauon TO tax mortgages was endorsed
only after most vigorous debate and
after the question 20 indefinitely postpone
II was defeated by a vote Of 80 to a. with
the Douglas delegation standing shoulder
to shoulder as a unit for the passage OF
| the bill. Those who spoke for the measure
were Davis Of Cass. Best. Clarke and
Walsh of Douglas and Cone Of Saunders:
while E w. Brown of Lanca ster. Hamer OF
Buffalo. Speaker Nettieton. AnlIiEan of
Dixon and others opposed IL.
Double shift Firemen's BnI.
The Leeder double shift bin was one os
the first to come Up for consideration and
the ex-hreman proved himself thorough
bred in debate. denying with figures the
statistics used by the Commercial club rep
rec raFnsF a.
| too heavy upon the taxpayers Of the big
city. He waxed eloquent in telling how the
fremen were kept from their families by
reason Of their occupation, and Of the
dangers they are subject 10 every time the
fre gong sounds. He talked until IL was
very evident he had quashed any lingering
fame OF opposition. and then Dodge under
took TO argue this question should be set
tied by the people Of Omaha and Il should
not be brought before the legislature. He
made mention that the fire department
was composed OF l36 politicians who had
plenty of time TO work at politics. and
therefore it took a brave man to oppose the
bill He said were he a member Of the
Board OF Fire and Police Commissioners
he would vote TO try the scheme but he
voted in the legislature against recommend
ing the bill for passage
Harvey OF Douglas and Mike Lee cama
TO the assistance OF Leeder and in answer
to questions Harvey. who IL clerk Of the
Board OF Fire and Police Commissioner
said the commissioners were not opposed
to the passage OF the bill or TO the double
shift, but the board did not want TO as
sumo the responsibility Of trying II with
out some authority from the Legislature
Harvey closed with plea for the passage
Of the bill. And when the vote was taken
Speaker Nettleton and all but two or
three voted with Leeder.
|, Tax on NOn-voters.
Fries Of Howard, a member Of ths
minority party, scored nicely in getting
recommended for passage his bill. n. r
l25 providing a tax of s TO be levied
against persons entitled 20 vote who do
not avail themselves Of the opportunity
The bill was amended to exempt from the
law those who are kept away from the
polls by unavoidable circumstances. though
a statement TO this effect must be nled
with the county treasurer or the tax will
be levied.
But while Fries scored. Henry. belonging
TO the same party. lost out on his pet
measure 10 memoraliEe congress TO submit
20 the various legislators the question Of
women suffrage. This bill was killed ana
the records were overloaded with excuses
offered by parties voting against IT,
/ To Control stock Issues.
As an outcome of the night he nARs
two or three weeks ago on Senaass
Thomas bill to permit street railway com
panies to own and operate interurban com
panies and TO buy and hold their securities.
Senator Aldrich has introduced into the
senate a bill providing for publicity IN the
issuance OF stock by railway companies
and other common carriers. The bin Is
1 .. =. 4.
provides no common carrier can issue Sc
curities or purchase the securities OF any
other common carrier unless authorized TO
do so by the railway commission. The
bill is a substitute for an amendment Al
drich offered 10 the Thomas bfii, and he
did not oppose the bin when IL came up
: today. His new measure is S. F. SH and
It's provisions are substantially as follows:
, Railroad companies and common carriers
must secure authority from the state rail-
way commission before issuing any stocks
bonds or other securities and any securi-
. ties issued without this authorization shall
be null and void and the Issuance OF the
same may be enjoined on applicati tion OF the
railway commission Any railway or COM
mon carrier before issuing any Of such
, securities or before purchasing the Sc
I curities OF another railroad or common
carrier shall file an application with the
, state railway commission setting out the
amount OF bonds OF securities 70 be pur-
chased or issued, the terms and conditions
relating 10 the issuance or purchase
thereof the total amount OF outstanding
stocks. bonds or other securities and the
, conditions thereof. the total Indebtedness
. Of the applicant or Of the company from
which securities are 70 be purchased and
; such other information as may be material
Aett0h By the COmmissi0n.
The commission shall set date for hear
p ing and shah publish nofioe Of such
hearing for two weeks IN a paper OF gen
eral circulation over the state. II may an
nOunce It's decision any time within seven
J days after the hearing. II SHAH refuse 70
authorize shs issuance Of the securities
: under the following conditions: