Inter-Mountain Republican | 1909-02-28 | Page 6 | Corporation Bill Killed in Mercy

I CORPORATION BILL BILLa a KILLED lULLED IN 1 MERCY House Devotes an Hour to toI I Oratory ry Before Formal Forma I Execution I S After discussing the measure in all allUs Us itt ramifications for tor upwards of an ant 2 the House yesterday killed House Houser t r Bill BiU No by B. B Barnette relating relating- to the payment of ot annual taxes by corporations cur cor baud upon capitalization j 1 Amendment after amendment was of offered offered ot- ot fer d by different members all of oC C which were rejected until finally nally the theis is II m measure suro would stand no more and InI in I b r mercy nercy It wars wa I Rock M. M Pope W was In n favor of ot a 3 tax ta applying to all aJl non producing corporations corpora- corpora such as mining companies whoso whose Ii principal business is 15 to sell stock and which havo have never produced a a. dollar and In ln some sortie cates cases have havo never nc even 2 the ground He said the sale Ie tt of ot such stock as ati this thle all over the country coun coun- try tnt wa was tho Industry f i. i nd ria that th If the passage of rn measure J a. a lid did ld result In putting some of these theao 7 rl r companies out of ot business s it t would bo be bat bot t a a. good oo thing thine 1 Sr On One ne amendment was introduced pro- pro viding that no company would be lla- lla Sf n 2 bic the ta until It was on oa a a. pro pro- fl S basis ThIs Thlu did not suit Mr f- f I. I Pope however and seeing MeinE that If It thea the s a measure pawed passed l tt ItT would woula bo so amended j. j f ho set himself to work to kill the bill II Ia f When the iThal vote ote w wan taken the r mea measure ure was wa declared lost by a vote ote A. A to S. S Th The bill took up practically r. r r c- the tho entire onU time of ot two sessions cessions of ot thEt the t House