The Panola Watchman. (Carthage, Tex.), Vol. 38, No. 9, Ed. 1 Wednesday, September 14, 1910 Page: 2 of 8
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Austin, Tex,. 8ept. 12, 1910.
Probably the most important
feature of this week's events at
the State capitol was the final
enactment of a new insurance
law which will in due course of
time take the place of the pres-
ent imperfect measure which has
caused considerable trouble and
worry to the people of Texas and
which was primarily responsible
for the calling of thfe third and
fourth called sessions of the
Thirty-first legislature. This new
law, unfortunately, failed to re-
ceive a sufficient number of votes
In the house on final passage,
consequently will not become ef-
fective until 90 days after the
expiration of the present session,
which will be somewhere near
December 10, of this year. There
was considerable rivalry between
the house and senate as to which
Mil would be finally enacted, and
the senate won out by its pet-
sistency and tenacity. The house
bill was in the shape of a regu-
lation measure and gave the in-
surance board the right to regu-
late the rates of insurance just
like the railroad commission does
freight rates, while the senate
bill, which to all intents, was the
bill enacted, provides for a max-
imum rate of insurance and all
companies are permitted to com-
pete for business below this
maximum. The fire insurance
rates in effect in 1909, before the
present fire rating board law be-
came effective, are to be taken
as a basis to reach the maximum.
Under the present law there
could be no competition which
accounted for the general in-
crease in insurance rates over the
state and which resulted in a
general complaint from one end
of the state to the other. The
insurance companies, from what
can be learned would have pre-
ferred no law at all. but turn all
___their own
merits.
Another important piece of leg-
islation enacted during the pres-
ent week and which has already
received the approval of the gov-
ernor is what is known as the
International Railroad claim bill.
This law is designed to protect
the unsecured claims of certain
creditors of the Internatioi al &
Great Northern Railroad Com-
pany, the majority of these claims
are for material furnished the
company immediately priorto the
time when the road waf thrown
into the hands of a receiver.
These claims aggregate approxi-
mately $2,000,000 and under this
law the purchaser of this prop-
erty, when it is sold on Septem-
ber 15, 1910, will have to assume
these claims. An important pro-
vision of this measure is that it
protects and secures only debts
created within two years prior to
the receivership. This has the
effect of throwing out about
$4,000,000 of claims held against
the road by the' Gould estate.
now the result of their labor is
being considered in the lower
house, the senate having passed
its bill on the subject. One im-
portant feature of the measure
yet undetermined in the house is
the question of obtaining funds
for inaugurating the change.
The senate bill as passed carries
an appropriation of $500,000 to
be taken out of the general rev-
enue fund of the state. The
house bill does not carry such an
appropriation, but an effort will
be made to insert that into the
bill, but it is a doubtful question
whether this will be done as the
governor is openly opposed to
such a course. He maintains
that the taking of half a million
dollars out of the general reve-
nue fund will seriously hamper
The railroads fought this bill at I the finances of the state and will
i in the result in an evitable increase in
every stage of its progress in the
legislature, claiming that it^would
impair all railroad bonds issued
since the passage of the bond
and stock law in 1893, but com-
petent lawyers and members of
the legislature hold at opposite
views of the matter.
Reform of the present penal
system of the state is now well
under way, and before the expi-
ration of the present week it is
expected that the legislature will
have enacted a penitentiary re-
form bill which will be a big step
towards ameliorating the present
conditions in the penitentiaries
and state farms. The work of
drafting this bill required the
combined efforts of seven sena-
tors and that number of repre-
sentatives and they consumed
two weeks on the matter and
the tax rate which is now only 4
cents on the $100 valuation. The
governor is believed to be in fa-
vor of borrowing the money from
the permanent school fund, but
both the house and senate have
already turned down that propo-
sition, consequently it is not
likely that anv money will be
taken out of the school fund for
the purpose of putting this law
into effect.
A most radical departure was
taken by the legislature at the
present called session by the
passage of a bill, which has
already been approved by the
governor, providing for the impo-
sition of a county ad valorem tax
upon state penitentiary property.
While the equity of the law may
not be questioned, still it is set-
state property and
in imposing a tax on all state
property and may finally result
in the taxation of church proper-
ty and other property now justly
exempted from taxation.
Considerable interest is being
manifested in the final outcome
of the constitutionality of the
appointments of Judge C. H.
Jenkins as one of the judges of
the court of civil appeals, Third
District, and of John A. Mobley
as assistant attorney general,
both of these gentlemen were
members of the legislature when
appointed by the governor, and
during the third called session of
the legislature the question was
raised that these appointees
were illegally holding office as
the constitution provides that a
member of the legislature is
elected for a term of two years,
consequently cannot accept any
other appointment until his term
of office as legislator expires,
notwithstanding the fact that
one of the members
railway
sion. also chairman of the legis-
lative committee of the National
association of railroad commis-
sioners, suggesting that &i meet-
ing of the committee be held to
take some action in the matter.
Mr. Colquitt is in hearty accord
with the proposition but said he
could not attend at present the
meeting, but if held at a later
date would probably attend. In
writing Mr. Mills on the subject,
Mr. Colquitt said: *
"I am heartily in accord with
your purpose and desire to pre-
serve the integrity of the power
of state railroad commissions.
It is my opinion that satisfactory
regulation by a federal commis-
sion is impossible. The delay
incident to determining questions
is so great that any business al-
most can be destroyed before a
decision of the inter-state com-
merce commission is reached."
Notwithstanding the fact that
money is rather tight at this
the leading
We have scholarships In Tyler
College, Nelson and Draughon,
Draughon’s Practical, McKinney
Busines College, Hill’s Business
College—in fact we can save vou
money on a scholarship in any
business college that has a repu-
tation. Write us for terms and
prices.
\phon
’hone your grooery wants to
K. W. Smith, Prompt delivery,
satisfaction guaranteed.
such member may resign his j time and the cotton crop is ex-
membership in the legislature, ceedingly short on account of the
The senate sustained this con-
tention and refused to confirm
the appointment of Messrs Mob-
ley and Jenkins, and now these
gentlemen are claiming that they
are constitutionally appointed.
The comptroller has asked the
attorney general for a ruling on
the question of issuing a warrant
to these two appointees, and if
an affirmative ruling is made, it
is likely both will hold on to
their offices notwithstanding the
action of the senate in refusing
to confirm their appointments.
O. B. Colquitt, governor-elect,
is strenuously opposed to the
tendenev of congress and some
of the state legislatures to cur-
tail, if not to entirety abolish
state railroad commissions. This
matter is now receiving the ear-
nest attention of Ihe National
association of railway commis-
sioners, an effort is to be made
to check any steps in that direc-
tion. On this subject Mr. Col-
quitt received a letter from Ira
continued drouth, the receipts
from charter fees and franchise
taxes in the state department
for the fiscal year ending August
31, 1910, shows a remarkable in-
crease over the receipts of the
previous year. The total fees
collected for the fiscal year end-
ing August 31, 1910, amounted
to $761,810 against $593,876 for
the previous year. The most re-
markable increase is in foreign
permit fees of corporations seek-
ing to enter Texas, ilie increase
being about $100,000.
A Reliable Medicine--Not a Narcotic.
Mia. F. Marti, 8t. Joe, Mich., say*
Foley’a Hooey and Tar eared her lit-
tle boy's life. She writes: “Our lit-
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trouble and aa the .octor’a medicine
did i.ot cure him, 1 gave him Foley’s
Honey and Tar m which I have gr -at
faith. It cured the cough sh well aa
the cliokiug and gaeping apella, and
be go* well in a abort time. Foley’s
Honey and Tar haa many times aav.
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neyer without it in the house.'*
Sold by all Druggists.
Electric
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Succeed when everything else falls.
In nervous prostration end female
weaknesses they are the supreme
remedy, aa thousands have testified.
’rawsafr
It Is the best medicine ever sold
over a druggist's counter.
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Park, R. M. The Panola Watchman. (Carthage, Tex.), Vol. 38, No. 9, Ed. 1 Wednesday, September 14, 1910, newspaper, September 14, 1910; Carthage, Texas. (https://texashistory.unt.edu/ark:/67531/metapth896357/m1/2/: accessed June 20, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Sammy Brown Library.