Show PROPOSITION MADE TO SUPPRESS WILDCATS 15 PHOENIX Ariz Oct 18 Constitutional provisions designed to eliminate wildcat corporations and curb Irresponsible Irresponsible Irresponsible Irre Irre- promoters who take advantage of the present liberal incorporation laws of Arizona will be bo proposed by Delegate Ellinwood at tod today's ys y's session of ot the constitutional convention As drafted the proposed constitutional articles make stockholders liable for corporate debts as well as unpaid ld portions of capital stock and provides a a. corporation tax In Jn proportion to capitalization Another section is designed to prevent IDt foreign corporations from doing business busi ness In the new state under more favorable favorable favor favor- able conditions than domestic concerns concerns Thirteen propositions were presented Monday including three for the Initiative and referendum and ono one embodying the Oregon plan for a school system which requires segregation of the sexes A petition signed by workingmen of Globe was read to the convention It asked for a constitutional provision that would compel corporations to employ at least 80 per cent American labor |