The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1909-04-25
The Corporation Report
Brings a Debate in
the Senate Is
Postponed.

The question of corporation publicity
was before the Senate yesterday in
connection with bill intended to to
leave the form of the annual exhibits
largely to the discretion of the Treas
urer of the Territory. It was to this
provision that Senator w. 0. Smith
voiced an emphatic objection on the
ground that the statutes should provide
specifically just what the requirements
of the annual corporation report should
be, and not leave 1T TO the 'swhims
of Treasurer.
Senator Fairchild also expressed the
opinion that the bill, if it became
law, would not work out justly, and
would be open to favoritism in its en-
forcement He said that he was in
favor of a greater degree of publicity
in the affairs of corporations, but
agreed with President Smith that the
form of annual report should be care
fully drawn up and not left to the
Treasurer who could prescribe differ
ent form of report for each corporation
if he desired.
Senator Chillingworth was spokes-
man for the advocates of the bill with
out amendment. He said that it was
known throughout the Territory that
the corporations in many instances
were submitting to the Treasurer re-
ports that were evasions of the letter
of the law, and from which the public
could derive no intelligent idea of the
financial status. Action on the bill
was finally postponed until tomorrow
when Chillingworth said that he would
he prepared to defend his position with
the necessary facts and figures.
The bill making income tax delin-
quency a lien on real property was
passed in the Senate yesterday, but not
until it had been shorn of its objec-
tionahle features that aroused opposi-
tion ON the part of President Smith
when it was first taken up for con-
sidera ton. The clause relating to in
come tax was stricken out on the mo-
ton of the bills sponsor, Senator
Knudsen. who also amended the period
of the lien duration from five to three
years.
The Senate gave its formal approval
to the appropriation bill as reported
by the joint conference committee. Two
dissenting votes were east, those of
Senators Robinson and Baker.
Concur In Amendments.
Senate Bill No. 12O, relating to the
licenses of secondhand dealers, was re-
ceived from the House with amend
ments, which were approved.
Senate Bill No. 121, the new election
law, was received from the House and
the amendments explained by McCar-
thy and eoncurred in.
Senate Bill No. $50, providing a
salary of $500 per year for the district
magistrate at Kalaupapa, was taken up
ON the motion of Coelho and passed on
third reading.
The conference committee report on
House Bill No. 164, the bill providing
for a lunacy commission, was adopted.
Senator Fairchild submitted the re-
port of the joint conference committee
on the appropriation bill.
Fairehild moved the adoption of the
report, seconded by Mccarthy. The
report was then adopted Senators
Baker and Robinson voting against it.
The select committee on Senate Bill
No. 81, allowing the right of appeal
from Boards of Supervisors sitting as
a court of impeachment, recommended
that the bill be tabled and the report
was adopted.
A resolution was introduced by Sen
ator Brown, distributing the sum of
$155 among the officers of the Senate.
1T was referred to the Committee on
Accounts. The resolution is designed
TO reimburse officers of the Senate,
other than members of the clerical
force for "extra services. - There is
a little doubt as to just what constitute
fbe uextra services referred to.
House Bill No. pa, relating to the tax
alton of insurance companies, passed
third reading on the motion of Robin
House Bill No. 22s,l giving more
power to the Regents of the college
of Hawaii. passed third reading with
ont a dissenting vote
On Corporation Exhibits
uouse Bill No. 231, amending the
existing law relating to the annual e2
hibits of corporations, was taken III
on second reading.
President Smith took the moor aho
Questioned the wisdom OF the provision
that stipulated that the annual corpora
$;on ranort ushall contain sueh IN
Formation and be made in such form
as the Treasurer may require.
He moved to strike out the clause
adding that the bill would give LOG
much power to the Treasurer Id una
it did not. clearly state what the Torn
should be-
Senator Chillingworth stated tha'
Continued on Page f1Ve'l