Tombstone epitaph., 1922-12-24

sfln or the senate. However. the mat ter is trifle premature. but it is con ceded that the three gentlemen above named are the outstanding possibin- ties.
 In the house everyone wants to he chairman. with the possible excep- ton of the Republican members.
 Capitol Crowded
 Those in Cochise county who have howled loud and long about the crowded condition of Cochise coun;y's administration building should slow up their race bit as they go through the state house. Here is real congestion. and with the coming ses- sion of the legislature. larger than ever before, il is a problem of jusgl- ing offices to accommodate the state so,ons.
 The office oi the corporation com mission. one of the most consested, and handling a great volume Of work has hranched out into ,he corridor O: the first floor.
 To the average layinan looking over the annual reports of the corporation commission il would be easy to under estimate the actual amount oi work connected with this department
 Al the present time there are 32.95j corporations qualified 10 operate in the state of Arizona of this number 2! G92 are domestic organizations and 1883 foreign While number of these are inactive the greater part a,. still in existence From January l. 1913 10 June 90. I922. a total of 37ie corporations have been formed 'in this state
 Under the law 'he~e corporations are requirted 10 file annual reports with the corporation commission. but great many of them have persist ently failed 10 do so and. on account of the sad lack Of sufficient appro- pria,ion to force the filing Of such reports. the state of Arizona is a heavy loser inasmuch as the filing fee of these reports amounts 10 s2O each
 F. J. K. Mcbride. secretary 10 the commission, is preparing 10 ask the coming legislature 10 appropriate SIG. GOO to enable this department to force ,he filing of these annual reports
 According 10 Nr Mcbride. an aver. as- of a5000 corporations owe annua. reports for 2 years. this deprivipg the state Of over si.Go0. 000 in revenue. He cunservaiively estimates that ap- proximately 10000 of these corpora tions are still n existence and if they file their sAnual reports ac-ording to law the state will derive S20o. .0co an nualiy. At the present tiu1e'the yeve. nue accruinc from those reports which are filed is only s27.o50 pey year. leaving an annual loss 10 ;he state Of si724sO.0o, due 10 the negii- e.nce of these corporations 10 file their reports.
 Il is planned. in asking the lesisla- ture for SIo.000 appropriation. to also offer an amendment 10 the law which now prohibits a blanket action against the delinquent corporations.
 Some of the largest mining com panies. banking institutions and mer. cantile establishments in the state 6o not file their annual reports. with the result that the state Of Arizona loses thousands of dollars a yea through countenancing this nerii- sence.
 Should the legislature see iii to grant this appropriation all those ccr. porations which have since gone our of existence will be cleared from .iie records of the corporation .orlr1is siou and many new Incorporates will jump at the opportunity of reviv- ing these old concerns rather than ip. corporate new organizations and be forced 10 pay the heavy federal tax on new. interpretations
 IL remains to be seen vhat the leg. islature will do with this matter, and whether or not they will fave: the expenditure of s10.oo0 to force the observance of what is now a sadly abused statute. and at the same tine .-