Show ANTI corporations drastic Leg legislate Islat ion by tho the texal state senate austin tex april 16 the senate of the texas le legislature e today passed some very drastic auti anti corporation legislation in the shape of a bill im imposing against the life insurance companies companie 8 rl a 2 per cent annual tax on the gross anin earnings S and against alre and fidelity companies a tax ol of 1 per cent they also tax dining and sleeping cars lo 10 cents for every loo miles traveled they also provide a franchise tax ot of 50 on all fore foreign igni corporations with a capital stock of 0 and sl 61 for every 1000 additional stock |