Deming graphic. (Deming, N.M.) 1903-1948, 1913-03-18
Accomplishments
STATE COMMISSION
Report Signed by Hugh n. Williams
Shows that Corporations
Have Been Regulated
FOUND MUCH WORK TO Be DONE
New Mexico Was Being Discrimin-
ated Against by all Common
Carriers OF Country

While the State Corporation Com
mission was formally organized on
the sixteenth of January. 1912, il was
not in II position 10 perfect ll~ organ
ilnlion aud equipment for the dis
charge of it, full legal functions un-
nj lh, latter part Of June. This con-
ditiou was due 10 the fact that the
appropriation for the support of the
Commission did mol become available
uuli about the middle of June. AZ
ter that time. II was necessary To pro-
cure an adequate equipment for the
office. systrmati2r the work and col
lrrl information upon which Ia base
future action. In this connection. an
immense amount of preliminary work
wa, required IT may he said that the
commission was mol prepared iu ,n-
ter upon the discharge of lts duties
IN amy department, except that of
general corporations, until about the
first of September. and that whatever
it Ina, accomplished IN the discharge
of il duties and III bringing relief to
Ill, people from existing conditions
ha, been accomplished within the
space of a few months.
Since the commission actively rn-
tered upon the discharge Of IT, duties
the Volume oi business before il has
been constantly lnrrcn sing. il appear
my that - the people become better
advised as to the powers and duties
Oi the rummi~ ION they are. lu u larg-
er extent. awaiting themselves of its
assistance. The present Indications
are that the succeeding months will
Wturs, very extended Development
of as business aud II corrcSpondlnply
Increased measure Of usefulness.
GENERAL CORPORATIONS
'"N "I'''"''"' VIZ ''N'" "N''
frm Ill ntGro of the Secretary of
n'"''' ''," was W oi'i"','', az 'he
''''' VI '"c V's"'i'@'''oh Vi ''' 'o"i-
'.'"' "h January '"' W. ''','e
l.. A.. 4
''''',' WV """''''" "''' ''''H NV Wv
me-" '"'''''''N ''l' 'c''' "'s"''i"'",
WI" u" ""'""rlH'" 'al'i'a' N'"'h vi
S@+2i4.2OO. Twenty -mnc foreign
'"' i''ro'' '''> nave nr'l' an'''''eu 10
Wv '">'''''o "''n''' tue H''''' WIN "'l
"so''s"'' '"'',"''"'" '"i'''"' N'"'N oi
''''''''''', WI '"''''"'''',9 ""''
'''''"'' ''''r '"rl"r''' 'N's'e'''''
sue" '"'''''"' having II '"la' au'hor-
M'' '"P'''' stock "' y" "i'-oo'ooo.
''N'''" '"'I"'"''"'N nave '''r'"S'u
'"''' '"'"'''"'" 'ol''"' ''"'N' '"e
,"'''H''' amount "I 'h' increase
D''''S - -'ooo' hr'' '"rl'"r"
'"'''7 nave 'I'" '"r'lh'a'rN "''reaa'
- '''', ""'""''"'" 'aP'''' S'o'h'
Wv '"'n, a''"'''' "' Tue decrease o'-
"" ''' o''"""' Nv" l"re'sl' '"rl'"r
"''V''N' n"N'og all aggregate aulhor-
"'" '"l''"' STOCK oI Tl' ioo'oOo' nave
"'""'""n from the state Zen do-
"','" ''IP"r','"l'N' representing o'
"",""''|'" "". capital stock "i Tl,-'''-
1oo' nave 'led certificates Of diSs"-
"''o'''
,"''r the hfS' "l Jnly very con-
''''"o'' amount "I work has been
n'''S'"'I IN 'hls department. IN or
wv !" ,t'"rr II more perfect system
W ''.n'''g the business a com
p'''' '''' oi AL the corporations, do
'','' ana '"relgn' now IN existence
!" the State with all available infor'
meror,J rh;s % ,pL,,n,;a' % .L., ""a 1 ,,o,
aboar 400 corporations are now
III existence within the State, whicl