Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-11-21

sressional district is IS -ble as a
candidate.
Article Tes %s IayH sdes stea of five the o
dis district court sha d his his office nt 11s hs
successor shall - been elected and
qualified and s.s be ineligible to aIay
other office, .,t that of Judge of
the supreme count during the term 1or
which he was elected
1t is understood that the disposition
in the past has been to interpret tl1ls
as meaning only state offices and not
applying to federal offices. but the pro-
vision of the constitution specifies
ANY Office
Auditor of State Carroll was called
to New York city Tuesday night by
the president of the insurance commits
sioners' association of which Mr. Car
roll is the vice president, for con-
terence with respect to the valuation
Of insurance companies securities.
Securities deposited with the auditor
of the state of Iowa and which now
amount to about $25,000,000. are first
mortgage real estate securities and al
ways maintain their face value.
But many of the insurance COM
panies outside Of Iowa have large in
vestments of funds in industrial stocks
and bonds of one kind or another, is
sued by corporations during Good
times These securities have been val
ued on Dec. 81 of each year in max
ing up the reports of the companies
to the states and in determining their
compliance with law.
Many insurance commissioners nave
heretofore suggested that the average
value of the securities for the entire
year should be used instead of the
value of them on single day, as Dec.
II, for obvious reasons.
In view of the shrinkage of the
value of stocks and bonds during the
present panic and the possibility that
there may be no relief before Dec. 81,
as to the stock market, the conference
in New York holds considerable sig
nificance 1t is possible that the new
rule will be adopted, requiring the
average value for the year to bs re-
cited in the annual reports and taken
by the authorities in valuing the Sc
81.
C. r. Lyons of Dallas county expects
to be a candidate for auditor OF state
before the republican primaries OF
next June.
He was in Des Moines yesterday IN
conference with former Dallas county
men and has been encouraged at home
to enter the race He resides at Perry,
| where he is manager Of the heat, light
and power company.
!, For three years Governor Culnmins
has taken notice, of sparring exhibit
| tions in Davenport to compel enforce
| ment Of the lazy against prize fighting
| A sparring exhibition is advertised
| in Davenport for tomorrow night. BY
| letters and kilograms extending. ovel
n week. Governor Cummins, ON his
own motion, has insisted upon The Of
fie<als at Davenport enforcing the
law to the letter, as he did in 1903 and
1906 in that city and on similar oc-
casion in Dubuque.
Under the sections Of the code and
supplement referred to by the sheriff
and governor in their correspondence
any match which is for prize or re-
ward, and to which admission Is
charged, is a prize fight.
on the insistence of Governor Cum
minis in 1905, the authorities at Daven-
port prosecuted persons interested In
sparring exhibition, but jury found
them not guilty under the law. In
1906, when similar condition arose
and again the sheriff was notified by
the governor to enforce the law, the
county attorney recalled the history OF
the other case and violation of the law
was not threatened.
Governor Cummins will do nothing
more than he has done in relation tc
the Davenport boxing match. 1t rests
with the local county officials to en-
force the law and they endans;er thet1
positions if they do not. 1t is tlse opin-
ion here that since prize was Of
fered, the game is clearly illegal.