Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1907-02-28
Corporation. to Paw Bio Tax.

Inc ErlcSOn Dill, winch WdS ~
ported to the senate Saturday by
Chairman Smiths committee on wayS
and means, it is believed. win net the
state about $250,O0o a year in corpor
alton licenses, II passed.
The bill, as reported favorable BY
the ways and means committee, pro
vides that every corporation, domes-
tic or foreign, shall pay to the sec
rotary of state an annual license fee
of IS on capital stock up to $4,000;
$40 on capital stock of over $40, 1000
up to 100000; SIS on capital stock
over 100000 up to 100000; $40 on
over 100000 up to 100000; SIS on
all corporations having capital stock
of $1,000,000 or over, which shall be
by him accounted for the same as
other fees of his office.
Any corporation organized under
the laws of the state, which shall fail
to pay the license fee provided for
in the act, shall, because of such
state, and any foreign corporation
which shall fail to pay the license fee
provided for, shall, because Of such
failure, forfeit the right to transact
business in the state.
Adds to States Revenues.
An important hill was introduced
in the senate, Tuesday, by Senator
Ericsson, which will greatly add to the
revenues Of the state. The bill pro.
vides for an annual report and tan
upon all corporations existing In the
state and doing business. Each and
every corporation shall make a report
annually to the secretary Of state,
giving facts as to it's capital stock and
the value thereof, and giving the
names of the officers and the location
of the company. Every such report
shall be accompanied by fee of 50
in the case of companies under $10,.
900 capital, with the fee gradually
rising to $25 for companies having a
million or more capital stock. The
purpose of the bill is to increase the
revenues of the state materially.
Convict Labor For The Printing.
That the bill to abolish the offices
of state printer and binder also in
cludes a provision which goes direct
to convict labor for the bulk Of the
work in the printing line the state hai
to do, was shown to the senate com
mittee yesterday, and there was dis
position to go slow in establishing the
principle of convict labor for Iowa
printing.
Secretary Dawson Of the executive
council was called before the commit
tee to give information as to this
state printing. Mr.. Chassell read the
bfl and pointed out that it conteIn
plated having the work done at Ana
mosa, Eldora and elsewhere.
Teach Farming by Mail Course.
To establish a school of correspon
dence in agriculture at the Iowa State
college, Ames. an appropriation Of
500, 900 is provided in a bill which
Representative Lister introduced In
the house Thursday morning. The
school was Endorsed
by Governor Cummins in his message
to the legislature. The Lister bin
also appropriates 100000 for extern
sion work of the State Agricultural
college.
For Shorter Hours.
The house committee on railroads,
In accordance with the program which
was decided upon last Saturday.
heard arguments for and against the
bill to limit the hours of work for
trainmen The railroad employees are
in favor of this measure but the
companies do not care to
have it adopted The bill to require
examination and certification of tele-
graph operators was also discussed.
and bill to provide for reconsign.
ment of freight while in transit. In
accordance with the program as an.
nounced before the joint rate bills
will be taken up next Tuesday.
Peddler Contracts.
A bill to prevent annoyance to the
victims of canvassers and smooth
tongued agents Is before the senate,
fathered by Allen. 1t amends the law
as to contracts by adding that "any
contracts for the delivery of property
or the payment Of money obtained by
any agent, canvasser or solicitor, for
himself or any person or persons, firm
or corporation, shall, by it's terms,
state such fact, and shall be enforci.
BILE by suit only In the county of the
residence of the debtor" That would
cut off lot of business of a question.
able character in Iowa.
No Insurance Commission.
1t is now reasonably certain that
at least one of the chapters Of the
legislative program will fail, for II
has been practically decided that there
will be no creation of the position of
insurance commissioner. Instead 1t
Is proposed to remove the banking
department from the office Of auditor
of state and place it with the state
trea surer, thea to take some other de-
parments out and give them to tho
secretary of state, which would suffi.
ciently relieve the Office Of auditor OF
state so that he could be in fact the
insurance commissioner. This is like
ly to be done.
What They Would Be.
eff Washington were alive TODAY he
would be a standpatter, Lincoln
would be a Cummins republican, and
Jefferson would be for Bryan de-
clared Senator DeWolf, democrat.
at the Joint session of house
and senate this morning in commem.
grafton of the birth of George Wash.
ington. Representative Inman made
the prayer at the joint session and
addresses were delivered by Senator'S !.
Crossley, Gillilland and DeWolf, and
by Representatives Van Houten, Hard
ing and Swift