Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-02-22
GLUCOSE COMBINE REFUSES TO
PAY $4,000 FILING FEE INTO
TREASURY.
TENDER OF SMALL SUM
TURNED DOWN BY STATE
Action Indicates Corn Products Com
pany is Preparing to Resist colIec-
tion-State Helpless at Present Be-
cause of Defect in State Law-Leg-
isature Must First Act
Special to Thnes-Republican.

SEtCid- ~ L lIlSS-
Des tMoines, Feb. 22.-The glucose
trust has thrown defiance to the state
in the matter of living up to the state
law. and Tor the present the state of
Iowa viii let the glucose trust have its
own sweet way.
Attorney Guernsey, of this city, who
represents a goodiy number OF the
trusts and railroads, made tender
10 Secretary OF Stace Hayward Of
$3.50 cash with the copy of articles Of
incorporation of the Corn Products
Company OF New jersey, the same be-
ing the recording fee, and asked a
fling of the same. Mr.. Hayward
turned down the cash.
The company is capitalized at $50
100000 and the fee. according 10 the
state law as /, has existed for many
years, would be $S0,050. The differ
ence between the lee required by law
ana the Zee rendered is worrying the
Corn Products Company.
The situation seems 10 be about this.
that the trouble arose over the asphalt
trust whose local attorney, Reed. failed
TO keep track of legislation and the
company engaged in business in a way
shat II aae it subject TO the payment OF
the filing fee. He found that the as
plail -rust was stuck for a big fee
ard perhaps some penalties, and he
then secured the names OF other COM
panies doing business in the state that
Aad not fled. He caused 70 be pub
l!5had locally the names OF several
other trusts and combines that ought
70 pay if The asphalt com pany did.
IN the list was the glucose company.
Then The attorneys for the glucose
ceua pany commenced 10 get busy.
Now the glucose trust articles were
drawn Ike most Of the trust articles
by the big law sharks Of the east so
as 10 cover everything, and under these
articles the trust can operate railroads
or engage in contracting or do anything
else AS a matter of fact the trust
doesn't do anything but manufacturing
in Iowa, unlike the asphalt trust. which
is a contractor, hence but for the stir
ring UP Of things by the attorneys no
body would have known anything about
The liability of the glucose people for
the fee.
1t is supposed that in making the
ttlluSF Oh caSl LOT the recording Zee,
and not offering the fling fee, the
! glucose people are preparing TO resist
any attempt on the part of the state
! to collect the latter. 1t is expected
| that other OF the big combines will fol-
| low suit. They desire to do business
in Iowa. but without filing the fees
that are required Of the local and in
dependent companies. and thus TO es-
cape at least one burden of their COM
petitors.
The state is in helpless condition
at present, since il is frankly con-
fessed that 10 collect the fling fee on
| the entire capital Of the trusts would
be unjust, and there is nobody with au-
thcrity TO scale the fee down to what
would be fair on the basis of the
money actually invested and used in
the business in this state The whole
matter must wait for the legislature.