Bisbee daily review., 1919-02-16
BILL INTRODUCED
 10 REGULATE
 INVESTMENT FIRMS
Proposed Legislation Will Give Corporation Commis-
 sioner Grip on Companies
CBy Review Leased wire)

lBF keNleW Leased NlEeJ
 PHOENIX, AriZ-, Feb. 15--Proposed legislation, which representatives de clare, will give the corporation com mission an effective grip on all invest ment companies operating in Arizona. made its appearance in the lower L.sse of the state legislature The b. Is fathered by Wylie and is num- L..ed I2O.
 lt demands that an investment com pany, in addition to all other require ments of the law, shall deposit with the state treasurer a $5O.OO bond with two or more securities flor the benefit and security of it's stockhOld- CTS" and when a cOmpany's contracts exceed this amount an additional de- pOsit shall be made on the first of January and July of each year suffi- cient to cover the excess liabilities ac- crued during the preceding six months The original deposit Of S5O,O may not be derived from any funds contributed by stOckheldets.
 Bars Officials.
 The bill bars state, county and city officials from associating themselves with any investment company in any capacity. Before being allowed to commence operations an investment company must file in the corporation commissions office a statement show ing in detail its full plan of business. copies of contracts or bonds it pro poses to make or sell, an itemized ac- count of it's financial condition, the amount of property it owns. its lia- bilities and any other information ased by the commission
 Swine and fowl will not be allowed to run at large if Francis bill, 122, becomes a law This measure would amend the statutes to make it unIaw- ful for any person having swine or fowl to permit them to run at large where property may DC injured, ex- cepting on lands within the federal forest reserve
 The rules weer suspended and this bill was turned over to the livestock committee for a report. similar action being taken on bill I22. introduced by Francis, providing thar s Iand owner may collect damages caused by tres passing livestock in no-fence districts outside the federal reserves.
 Limitations BHI
 BaTTOws fathered a bill to make the time limit under which pros ecutiOn nay be launched for debt three years in the following instances Actions where ther is no written contract; actions on stated or open accounts. and actions for relief on the ground Of fraud or mistake. The time limit would be six years in all actions for debt under written con- tract, the term to be computed from the contracting of the deDt or rom the last payment, if any has been made.
 Authorization and regulation of the practice ehirODractic is aimed at in 1 a measure brought Tn oy Barrows. | which also provides for the establish | ment of state board Of chirOpractic examiners. sets the license fees and | directs what shall be done with them and provides penalties for the viola ton of the proposed law
 Delbridge, by request. stood sDon- sOr for bill 1SS, to appropriate 2.OOO for state highways under cooperative agreements with the federal bureau of public roads.
 House measure 8, known sas the slander bill, which came in for some severe handling during the week, was finally beaten today.
 The AjO court bill. providing for court sessions in that city, passed thei house by a large majority.
 The committee of the whole house recommended for passage substitute senate Dill F, to remove the 10 per cent taxation limit and enable conn ties to pay bills incurred during the influenza epidemic.
 The bill amending the code relating to the practice Of dentistry in Ari- zona was withdrawn and substitutel bill will tae its place in the calendar 1n February IS. 0afutar ana D.